$1,115,000 - $1,411,000
RENTED SEP 23, 2024

280 Cagney Ln Unit 220 Newport Beach, CA 92663

2 Beds
2 Baths
1,761 Sq Ft
$735 Price per Sq Ft

Last Sold April 08, 2022

Last sale price $1,040,000 $591 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,854/month

About This Home

As of April 2022

Nestled in the coveted Newport Heights community, this remarkable fully furnished condo features 2 bedrooms, 2 baths, and a versatile flex space perfect for an office or additional living space! The spacious floor plan showcases a generously sized great room with a cozy fireplace and recessed lighting. The modernized kitchen is adorned with stainless steel appliances and breakfast nook for dining. Enjoy the luxury of two balconies offering picturesque views of lush greenbelts, creating an oasis of tranquility. The primary bedroom boasts ample space for a luxurious California King bed, a comfortable sitting area, and a walk-in closet! In-unit laundry adds to the convenience of daily living. Plus, enjoy the convenience of fiber internet included, ensuring you stay connected seamlessly!

This residence is conveniently situated on the second floor within an elevator-equipped building, providing easy access to subterranean parking. Embrace resort-style living with an array of amenities including tennis courts, a clubhouse, pools, and a well-equipped gym. This home is just minutes away from world-class beaches, renowned restaurants, Newport Harbor, and the vibrant Newport Peninsula. Your dream of coastal living is realized in Newport Beach, where every day feels like a vacation!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 16, 2022
Sold by
Tam Melinda M
Bought by
Matzen Tyler and Robinson Jamie
Seller's Agent
Regina Muro Madan
Douglas Elliman of California
Buyer's Agent
Mo Wise
eXp Realty of California Inc
List Price
$950,000
Sold Price
$1,040,000
Premium/Discount to List
$90,000
9.47%
Current Estimated Value
$1,295,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,133
Avg. Annual Appreciation
7.99%
Original Mortgage
$780,000
Outstanding Balance
$736,029
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$588,972

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 23, 2014
Sold by
Bliss Jonathan and Fannon Cecilia
Bought by
Tam Melinda M
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Susan Ngoi
Berkshire Hathaway HomeService
List Price
$709,000
Sold Price
$685,000
Premium/Discount to List
-$24,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$548,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matzen Tyler $1,040,000 Ticor Title
Tam Melinda M $685,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matzen Tyler $780,000
Closed Matzen Tyler $780,000
Previous Owner Tam Melinda M $548,000
Previous Owner Bliss Jonathan $50,000
Previous Owner Bliss Jonathan $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Rented $4,500 0.0% --
08/09/2024 08/09/24 Price Changed $4,500 +12.5% $3 / Sq Ft
08/09/2024 08/09/24 Price Changed $4,000 -11.1% $2 / Sq Ft
07/19/2024 07/19/24 For Rent $4,500 0.0% --
04/08/2022 04/08/22 Sold $1,040,000 +9.5% $591 / Sq Ft
03/04/2022 03/04/22 For Sale $950,000 0.0% $539 / Sq Ft
06/01/2019 06/01/19 Rented $3,300 0.0% --
03/25/2019 03/25/19 For Rent $3,300 +1.5% --
10/18/2015 10/18/15 Under Contract -- -- --
10/17/2015 10/17/15 Rented $3,250 0.0% --
09/29/2015 09/29/15 Price Changed $3,250 -18.8% $2 / Sq Ft
05/01/2015 05/01/15 For Rent $4,000 0.0% --
10/21/2014 10/21/14 Sold $685,000 -0.7% $389 / Sq Ft
09/02/2014 09/02/14 Price Changed $689,999 -2.7% $392 / Sq Ft
08/19/2014 08/19/14 For Sale $709,000 -- $403 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $11,774 $1,082,016 $826,531 $255,485
2023 $11,496 $1,060,800 $810,324 $250,476
2022 $8,524 $775,780 $535,718 $240,062
2021 $8,362 $760,569 $525,214 $235,355
2020 $8,281 $752,771 $519,829 $232,942
2019 $8,115 $738,011 $509,636 $228,375
2018 $7,955 $723,541 $499,643 $223,898
2017 $7,816 $709,354 $489,846 $219,508
2016 $7,642 $695,446 $480,242 $215,204
2015 $7,569 $685,000 $473,028 $211,972
2014 $2,913 $252,581 $71,343 $181,238
Source: Public Records

Agents Affiliated with this Home

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