NOT LISTED FOR SALE

500 Cagney Ln Unit 11 Newport Beach, CA 92663

Estimated Value: $575,642 - $666,000

1 Bed
1 Bath
561 Sq Ft
$402/mo HOA Fee

Last Sold June 02, 2017

Last sale price $320,000 $570 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,025/month

14 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Parking
  • Newport Heights Elementary Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of June 2017

Come see this beautiful Newport Beach Penthouse with an Ocean View from the balcony! Located in the gated community of Versailles on the Bluffs, it offers all the perks of the Newport Beach lifestyle. It’s only a short walk or bike ride to the sandy beaches or all that Balboa Peninsula has to offer including restaurants, shops, theatre, museum and much more. The unit is a Jr. 1 Bedroom and features an upgraded Kitchen & Bathroom, a closet organizer and a built-in desk with shelves. Versailles also offers many amenities including: a newly renovated ($300k project) pool & spa area with BBQ’s and lounge chairs, clubhouse with a full kitchen, sauna, two fitness rooms, library and more.

Last Agent to Sell the Property

Michael Carson

Esquire Realty Company License #01868491 Listed on: 02/22/2017

Last Buyer's Agent

Tracy Glass

Compass License #01775708

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1971

HOA Fees

  • $402 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking
  • Community Parking Structure

Interior Spaces

  • 561 Sq Ft Home
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Upgraded Bathroom
  • 1 Full Bathroom

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Schools

  • Newport Harbor High School

Utilities

  • Private Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676037

Community Details

Overview

  • Versailles HOA, Phone Number (949) 642-3724

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,220

Year Built

Built in 1971

Lot Details

0

HOA Fees

$402 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Closet Organizer & Built-In Desk With Selves Incldued - Appliances Negotiable
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Card/Code Access, Fire Sprinkler System, Gated Community, Resident Manager
  • Subdivision Name Other: Versailles (VERS)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93676037
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 561.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 570.41
  • Spa Features: Association
  • Bathroom Features: Upgraded
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Terrace
  • Pool Features: Association, Community, In Ground, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated, Guest, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Cooktop, Refrigerator
  • Laundry Features: Community
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Meeting Room, Trash, Water, Dues Paid Monthly, Pet Rules, Management
  • Association Fee: 402.00
  • Association Fee Frequency: Monthly
  • Association Name: Versailles HOA
  • Phone: 949-642-3724
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 561.00

Multi Family

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

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Jun 1, 2017
Sold by
Stiner Maureen D
Bought by
Stiner Allan
Seller's Agent
Michael Carson
Esquire Realty Company
Buyer's Agent
Tracy Glass
Compass
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$597,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,493
Avg. Annual Appreciation
7.73%
Original Mortgage
$220,000
Outstanding Balance
$184,931
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$403,702

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 24, 2017
Sold by
Dias Christopher M
Bought by
Stiner Blair Lawrence and Stiner Allan
Seller's Agent
Michael Carson
Esquire Realty Company
Buyer's Agent
Tracy Glass
Compass
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$184,931
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$403,702

Purchase Details

Closed on
Mar 12, 2016
Sold by
Dias Christopher
Bought by
Dias Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Dias Christopher M and Diaz Christopher
Bought by
Dias Christopher

Purchase Details

Closed on
Aug 23, 2005
Sold by
Tabrizi Shilla and Bacon Robert
Bought by
Diaz Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2003
Sold by
Tabrizi Shilla
Bought by
Bacon Robert and Tabrizi Shilla

Purchase Details

Closed on
May 15, 2000
Sold by
Caspian Properties
Bought by
Tabirizi Sadegh Faraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.08%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Jackson Bret W and Jackson Rebekah T
Bought by
Caspian Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.08%

Purchase Details

Closed on
Apr 27, 1999
Sold by
Fong Pete K
Bought by
Jackson Bret W and Jackson Rebekah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.86%

Purchase Details

Closed on
Jan 30, 1996
Sold by
Fong Sylvia S and Lin John
Bought by
Fong Pete K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Stiner Allan -- Chicago Title Company
Stiner Blair Lawrence $320,000 Chicago Title Company
Dias Christopher M -- Wfg National Title
Dias Christopher -- None Available
Diaz Christopher M $312,500 Equity Title Company
Bacon Robert -- --
Tabirizi Sadegh Faraj $112,000 North American Title Co
Caspian Properties Inc $107,500 North American Title Co
Jackson Bret W $94,000 Lawyers Title Company
Fong Pete K -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiner Blair Lawrence $220,000
Previous Owner Dias Christopher M $250,750
Previous Owner Dias Christopher $268,927
Previous Owner Dias Christopher M $300,000
Previous Owner Diaz Christopher M $9,375
Previous Owner Bacon Robert $30,000
Previous Owner Tabirizi Sadegh Faraj $65,000
Previous Owner Jackson Bret W $75,200
Previous Owner Fong Pete K $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $320,000 -2.7% $570 / Sq Ft
03/30/2017 03/30/17 For Sale $329,000 0.0% $586 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $329,000 -- $586 / 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
2025 $4,220 $371,386 $323,037 $48,349
2024 $4,220 $364,104 $316,703 $47,401
2023 $4,117 $356,965 $310,493 $46,472
2022 $4,045 $349,966 $304,405 $45,561
2021 $3,970 $343,104 $298,436 $44,668
2020 $3,931 $339,586 $295,376 $44,210
2019 $3,856 $332,928 $289,584 $43,344
2018 $3,782 $326,400 $283,905 $42,495
2017 $3,706 $326,000 $276,514 $49,486
2016 $3,691 $326,000 $276,514 $49,486
2015 $3,705 $326,000 $276,514 $49,486
2014 $2,918 $253,000 $203,514 $49,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17036690

California Regional Multiple Listing Service (CRMLS)

APN: 936-760-37