280 Cagney Ln Unit 209 Newport Beach, CA 92663
2
Beds
2
Baths
1,609
Sq Ft
$597/mo
HOA Fee
Highlights
- Ocean View
- Fitness Center
- Gated Community
- Newport Heights Elementary Rated A
- Primary Bedroom Suite
- Clubhouse
About This Home
As of April 2023Located in the gated community of Villa Balboa, this two-bedroom condo is highlighted by panoramic bay, and ocean views to Catalina and beyond. The two-bedroom, two-bathroom residence includes a kitchen with gas stove, wood floors, and bar/countertop seating, as well as an adjacent gas fireplace-warmed living room. Multiple sliding glass doors offer fantastic views and lead to a large wraparound balcony, overlooking the lawn below. Two spacious bedrooms include a large master suite, fit with sitting area with ocean views, huge walk-in closet with built-ins, and en suite bathroom with glass-enclosed shower/tub. Single-level living and accessed by elevator from the subterranean garage with 2 parking spaces. Villa Balboa is conveniently located near freeways, as well as the many shops, restaurants, attractions, and beaches the area has to offer. Residents of Villa Balboa benefit from use of community pools, spas, tennis facilities, clubhouse, gym, billiard room and subterranean parking. The HOA fee includes water, gas, sewer and waste services.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 11/05/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,233
Year Built
- Built in 1980
HOA Fees
- $597 Monthly HOA Fees
Parking
- Subterranean Parking
- Parking Available
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
Interior Spaces
- 1,609 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Sliding Doors
- Living Room with Fireplace
- Living Room Balcony
- Ceramic Countertops
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Newport Heights Elementary School
- Horace Ensign Middle School
- Newport Harbor High School
Additional Features
- Exterior Lighting
- 1 Common Wall
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 8336
- Assessor Parcel Number 93077587
Community Details
Overview
- 442 Units
- Villa Balboa Community Association, Phone Number (949) 722-7503
- Villa Balboa HOA
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
Apr 6, 2023
Sold by
Wien Management Llc
Bought by
Susan And Rudolph Sterner 1999 Trust
Seller's Agent
Howard Kent
Coldwell Banker Realty
Buyer's Agent
Bob DePew
Laguna Premier Realty Inc.
List Price
$1,400,000
Sold Price
$1,390,000
Premium/Discount to List
-$10,000
-0.71%
Views
278
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,952
Avg. Annual Appreciation
2.11%
Original Mortgage
$726,000
Outstanding Balance
$706,351
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$751,768
Purchase Details
Listed on
Mar 18, 2020
Closed on
Jul 21, 2020
Sold by
Gentry Simina
Bought by
Wiem Management Llc
Seller's Agent
Howard Kent
Coldwell Banker Realty
Buyer's Agent
Howard Kent
Coldwell Banker Realty
Sold Price
$3,950
Purchase Details
Listed on
Nov 5, 2019
Closed on
Jan 15, 2020
Sold by
Serpa Keith and Kalen Bonnie
Bought by
Gentry Simina
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Howard Kent
Coldwell Banker Realty
List Price
$899,900
Sold Price
$847,000
Premium/Discount to List
-$52,900
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$635,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2004
Sold by
Kalen Bonnie
Bought by
Serpa Keith and Kalen Bonnie
Purchase Details
Closed on
Sep 12, 2003
Sold by
Kalen Bonnie
Bought by
Kalen Bonnie
Purchase Details
Closed on
Dec 13, 1999
Sold by
Cuniff Sharon
Bought by
Cuniff Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,432
Interest Rate
5.05%
Purchase Details
Closed on
Nov 17, 1999
Sold by
Steven Cuniff
Bought by
Kalen Bonnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,432
Interest Rate
5.05%
Purchase Details
Closed on
Jan 17, 1994
Sold by
Citicorp Mtg Inc
Bought by
Cuniff Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.16%
Similar Homes in Newport Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,390,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $847,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | American Title | |
| Grant Deed | $317,500 | American Title | |
| Grant Deed | $240,000 | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,000 | New Conventional | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $635,250 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $46,200 | Stand Alone Second | |
| Previous Owner | $285,432 | No Value Available | |
| Previous Owner | $192,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $1,390,000 | -0.7% | $862 / Sq Ft |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $1,400,000 | 0.0% | $868 / Sq Ft |
| 07/27/2020 07/27/20 | Rented | $3,950 | 0.0% | -- |
| 06/17/2020 06/17/20 | Price Changed | $3,950 | -1.3% | $2 / Sq Ft |
| 06/16/2020 06/16/20 | Price Changed | $4,000 | -4.5% | $2 / Sq Ft |
| 05/08/2020 05/08/20 | Price Changed | $4,190 | -1.4% | $3 / Sq Ft |
| 05/01/2020 05/01/20 | Price Changed | $4,250 | -1.1% | $3 / Sq Ft |
| 03/18/2020 03/18/20 | For Rent | $4,299 | 0.0% | -- |
| 01/24/2020 01/24/20 | Sold | $847,000 | -3.7% | $526 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 11/24/2019 11/24/19 | Price Changed | $879,900 | -2.2% | $547 / Sq Ft |
| 11/05/2019 11/05/19 | For Sale | $899,900 | -- | $559 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,233 | $1,417,800 | $1,165,671 | $252,129 |
| 2023 | $9,613 | $881,218 | $657,523 | $223,695 |
| 2022 | $9,451 | $863,940 | $644,631 | $219,309 |
| 2021 | $9,271 | $847,000 | $631,991 | $215,009 |
| 2020 | $5,054 | $446,199 | $249,830 | $196,369 |
| 2019 | $4,955 | $437,450 | $244,931 | $192,519 |
| 2018 | $4,859 | $428,873 | $240,128 | $188,745 |
| 2017 | $4,774 | $420,464 | $235,419 | $185,045 |
| 2016 | $4,670 | $412,220 | $230,803 | $181,417 |
| 2015 | $4,624 | $406,029 | $227,337 | $178,692 |
| 2014 | $4,516 | $398,076 | $222,884 | $175,192 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Howard Kent
Coldwell Banker Realty
(949) 644-1600
7 Total Sales
-
Buyer's Agent in 2023
Bob DePew
Laguna Premier Realty Inc.
(714) 350-6565
60 Total Sales
-
Seller's Agent in 2020
Tim Smith
Coldwell Banker Realty
(949) 717-4711
722 Total Sales
-
Seller Co-Listing Agent in 2020
John Yasko
Coldwell Banker Realty
(949) 207-8063
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19258593
APN: 930-775-87
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