Seller's Agent in 2017
Rand Penrod
Arbor Real Estate
(949) 294-5234
61 Total Sales
280 Cagney Ln Unit 316 Newport Beach, CA 92663
Estimated Value: $1,059,394 - $1,230,000
2
Beds
1.5
Baths
1,300
Sq Ft
1980
Built
Highlights
- Ocean View
- Fitness Center
- Open Floorplan
- Newport Heights Elementary Rated A
- Spa
- Clubhouse
About This Home
As of December 2017WOW! Enjoy ocean views from your bedrooms for just $719,000 in Newport Beach! Corner unit on the penthouse level with soaring ceilings and skylights. New tile flooring in the main living areas and new carpet in the bedrooms. The living space is oversized with a fireplace and peaceful balcony with treetop views. The spacious open living area allows cooking, dining and entertaining to flow seamlessly. The kitchen has been updated with stainless steel appliances and has a breakfast bar and plenty of storage space. The entire condo has been freshly painted in light gray tones that create a beach-inspired vibe. The master bedroom has ample closet space and a separate vanity area with another closet. Don't miss the in-unit laundry. Other highlights include 2-Car underground parking, elevator in building and guest parking. The building is secure and the community is gated. Villa Balboa is like a resort offering a clubhouse, 2 pools and spas, tennis courts and even an exercise area. Walk or bike to the beach and enjoy sunsets and ocean breezes from your personal slice of paradise. Conveniently located near Hoag Hospital. One of the quietest and most scenic buildings in all of Villa Balboa. Don't miss your chance to own a 2 bedroom condo with 1300 sf AND an ocean view for just $729,000!
Last Agent to Sell the Property
Arbor Real Estate License #01719236 Listed on: 08/09/2017
Last Buyer's Agent
Michael Carson
Esquire Realty Company License #01868491
Property Details
Home Type
- Condominium
Year Built
- Built in 1980
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $423 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
- Community Parking Structure
Property Views
- Ocean
- Catalina
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Family Room
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Bathtub
Additional Features
- Spa
- Property is near clubhouse
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 8336
- Assessor Parcel Number 93077614
Community Details
Overview
- 449 Units
- Villa Balboa Association, Phone Number (949) 450-0202
Amenities
- Clubhouse
- Banquet Facilities
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2017
Closed on
Jan 10, 2018
Sold by
Schuler Patricia Ann and Schuler Ann
Bought by
Schuler Patricia Ann and Patricia Ann Schuler Trust
Seller's Agent
Rand Penrod
Arbor Real Estate
Buyer's Agent
Michael Carson
Esquire Realty Company
List Price
$749,000
Sold Price
$698,000
Premium/Discount to List
-$51,000
-6.81%
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
$513,689
Avg. Annual Appreciation
6.06%
Original Mortgage
$450,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 9, 2017
Closed on
Nov 17, 2017
Sold by
Shabtai Itchak and Shabtai Jnevona
Bought by
Schuler Amy and The Patricia Schuler Trust
Seller's Agent
Rand Penrod
Arbor Real Estate
Buyer's Agent
Michael Carson
Esquire Realty Company
List Price
$749,000
Sold Price
$698,000
Premium/Discount to List
-$51,000
-6.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 11, 2017
Closed on
Mar 28, 2017
Sold by
Young Daniel H and Young Leslee D
Bought by
Shabtai Itzhak and Shabtai Nevona
Seller's Agent
Gerald Wolf
Gerald A. Wolf, Broker
Buyer's Agent
Josef Szigeti
Douglas Elliman Of California
List Price
$649,000
Sold Price
$590,000
Premium/Discount to List
-$59,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.04%
Original Mortgage
$424,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2014
Sold by
Young Leslee D
Bought by
Andrew Young Irrevocable Trust #2
Purchase Details
Closed on
Apr 3, 2008
Sold by
Husa Leslie
Bought by
Young Daniel H and Young Leslee D
Purchase Details
Closed on
Aug 11, 2006
Sold by
Lofland Jeri I
Bought by
Lofland Jeri I and Jeri I Lofland Revocable Living Trust
Purchase Details
Closed on
Sep 5, 1997
Sold by
Webb Lenora A
Bought by
Lofland Irena J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
5.7%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuler Patricia Ann | -- | Fidelity National Title | |
| Schuler Amy | $698,000 | Fidelity Natl Title Co | |
| Shabtai Itzhak | $590,000 | Orange Coast Title Company | |
| Andrew Young Irrevocable Trust #2 | -- | None Available | |
| Young Daniel H | -- | None Available | |
| Young Daniel H | -- | None Available | |
| Young Daniel H | -- | None Available | |
| Young Daniel H | $540,000 | California Title Company | |
| Lofland Jeri I | -- | None Available | |
| Lofland Jeri I | -- | None Available | |
| Lofland Irena J | $181,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schuler Amy | $450,000 | |
| Previous Owner | Shabtai Itzhak | $424,000 | |
| Previous Owner | Lofland Irena J | $135,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/28/2017 12/28/17 | Sold | $698,000 | -2.9% | $537 / Sq Ft | |
| 11/20/2017 11/20/17 | Pending | -- | -- | -- | |
| 10/06/2017 10/06/17 | Price Changed | $719,000 | -1.4% | $553 / Sq Ft | |
| 09/07/2017 09/07/17 | Price Changed | $729,000 | -2.7% | $561 / Sq Ft | |
| 08/09/2017 08/09/17 | For Sale | $749,000 | +26.9% | $576 / Sq Ft | |
| 05/08/2017 05/08/17 | Sold | $590,000 | -9.1% | $454 / Sq Ft | View Prior Sale |
| 03/11/2017 03/11/17 | For Sale | $649,000 | -- | $499 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $8,508 | $794,202 | $613,975 | $180,227 |
| 2024 | $8,508 | $778,630 | $601,936 | $176,694 |
| 2023 | $8,304 | $763,363 | $590,133 | $173,230 |
| 2022 | $8,162 | $748,396 | $578,562 | $169,834 |
| 2021 | $8,006 | $733,722 | $567,218 | $166,504 |
| 2020 | $7,928 | $726,199 | $561,402 | $164,797 |
| 2019 | $7,767 | $711,960 | $550,394 | $161,566 |
| 2018 | $7,613 | $698,000 | $539,601 | $158,399 |
| 2017 | $6,782 | $611,154 | $401,353 | $209,801 |
| 2016 | $6,632 | $599,171 | $393,483 | $205,688 |
| 2015 | $6,568 | $590,171 | $387,572 | $202,599 |
| 2014 | $6,414 | $578,611 | $379,980 | $198,631 |
Source: Public Records
Agents Affiliated with this Home
-
Rand Penrod
-
G
Seller's Agent in 2017
Gerald Wolf
Gerald A. Wolf, Broker
-
Holly McDonald
Seller Co-Listing Agent in 2017
Holly McDonald
Compass
(714) 386-1647
117 Total Sales
-
M
Buyer's Agent in 2017
Michael Carson
Esquire Realty Company
-
Josef Szigeti
Buyer's Agent in 2017
Josef Szigeti
Douglas Elliman Of California
(949) 270-0449
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17189319
APN: 930-776-14
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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