$683,000
SOLD JAN 17, 2025

300 Cagney Ln Unit 7 Newport Beach, CA 92663

1 Bed
1 Bath
814 Sq Ft
$536/mo HOA Fee

Recently Sold

$839 Per Sq Ft

1% Below List Price

119 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Newport Heights Elementary Rated A
  • No Units Above
  • Open Floorplan

About This Home

As of January 2025

Unlock PRIME INVESTMENT Potential! Not far from the pristine shores of Newport Beach experience penthouse living in the coveted Versailles community. This one-bedroom, one-bath residence, with 814 square feet stands out as one of the largest one-bedroom floor plan in the community. The kitchen features stainless steel appliances and a convenient breakfast bar. It seamlessly flows into the bright dining and living room areas with a built-in dry bar.
An expansive sliding glass door opens to a balcony, providing a perfect spot to unwind while enjoying the sea breeze. Inside you'll find easy maintenance stone flooring, recessed lighting, crown moulding and ample closet and storage space. Residents of this gated community enjoy a host of upscale amenities including a sparkling pool, spa, a clubhouse, and fitness center. Additional features include a designated underground parking space, a separate storage closet, and easy elevator access. Plenty of guest parking onsite. The HOA also covers water and trash services. Located in close proximity to beaches, Lido Village, Balboa Island, charming shopping boutiques, and a variety of exceptional dining options. This is your opportunity to embrace the best of seaside living in Newport Beach.

Last Agent to Sell the Property

Gerri Wulff

Revive Real Estate Group Inc Brokerage Phone: 661-510-8913 License #01202569 Listed on: 08/28/2024

Co-Listed By

Cambria Wulff

Revive Real Estate Group Inc Brokerage Phone: 661-510-8913 License #02134321

Last Buyer's Agent

Danielle Benavides

Compass License #02098640

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,574

Year Built

  • Built in 1971

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 814 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Living Room Balcony
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Spa

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • Suburban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676077
  • $358 per year additional tax assessments

Community Details

Overview

  • 235 Units
  • Versailles Association, Phone Number (949) 645-6242
  • Tsg Independent Prop Mgt HOA
  • Versailles Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,574

Year Built

Built in 1971

Lot Details

0

HOA Fees

$536 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Security: Card/Code Access, Gated Community
  • Subdivision Name Other: Versailles (VERS)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93676077
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 814.00 Square Feet
  • Interior Amenities: Crown Molding, Dry Bar, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 839.07
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Spa Features: Community
  • Bathroom Features: Shower In Tub, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Maintenance Grounds, Security
  • Association Fee: 536.00
  • Association Fee Frequency: Monthly
  • Association Name: Versailles
  • Phone: 949-645-6242
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: TSG Independent Prop Mgt

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 235
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 1
  • Tax Tract Number: 10587
  • TaxOtherAnnualAssessmentAmount: 358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Dec 30, 2024
Sold by
Stella Yong Bi Trust and Bi Yong
Bought by
Seles Nolan W
Seller's Agent
Gerri Wulff
Revive Real Estate Group Inc
Buyer's Agent
Danielle Benavides
Compass
List Price
$688,000
Sold Price
$683,000
Premium/Discount to List
-$5,000
-0.73%
Views
141
Current Estimated Value
$694,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,866
Avg. Annual Appreciation
5.04%
Original Mortgage
$614,500
Outstanding Balance
$612,885
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$88,845

Purchase Details

Closed on
Mar 28, 2022
Sold by
Bradley Family Trust
Bought by
Stella Yong Bi Trust

Purchase Details

Closed on
Mar 28, 2003
Sold by
Lauhoff John P
Bought by
Lauhoff Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.79%

Purchase Details

Closed on
Feb 4, 2003
Sold by
Lauhoff Ryan J
Bought by
Bradley Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.79%

Purchase Details

Closed on
Oct 27, 2000
Sold by
Lauhoff Mary C
Bought by
Lauhoff John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,481
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2000
Sold by
Franco Miguel
Bought by
Lauhoff Ryan J and Lauhoff John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,481
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2000
Sold by
Sohrab Hassas and Mahdavi Roya Mahdavi
Bought by
Franco Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $683,000 Fidelity National Title
Grant Deed $565,000 Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $225,000 Fidelity National Title Co
Interfamily Deed Transfer -- Chicago Title
Individual Deed $190,000 Chicago Title
Individual Deed $116,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $614,500 New Conventional
Previous Owner $202,625 New Conventional
Previous Owner $160,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $225,000 Unknown
Previous Owner $180,000 No Value Available
Previous Owner $185,250 Stand Alone First
Previous Owner $180,481 FHA
Previous Owner $116,000 Stand Alone First
Closed $45,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $683,000 +2.1% $839 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $669,000 -1.5% $822 / Sq Ft
10/03/2024 10/03/24 Price Changed $679,000 -1.3% $834 / Sq Ft
08/28/2024 08/28/24 For Sale $688,000 -- $845 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,574 $587,826 $516,958 $70,868
2023 $6,417 $576,300 $506,821 $69,479
2022 $3,594 $307,069 $229,286 $77,783
2021 $3,527 $301,049 $224,791 $76,258
2020 $3,493 $297,963 $222,486 $75,477
2019 $3,427 $292,121 $218,123 $73,998
2018 $3,361 $286,394 $213,846 $72,548
2017 $3,303 $280,779 $209,653 $71,126
2016 $3,232 $275,274 $205,542 $69,732
2015 $3,200 $271,140 $202,455 $68,685
2014 $3,126 $265,829 $198,489 $67,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24171829

California Regional Multiple Listing Service (CRMLS)

APN: 936-760-77