NOT LISTED FOR SALE

500 Cagney Ln Unit 309 Newport Beach, CA 92663

1 Bed
1 Bath
814 Sq Ft
$452/mo HOA Fee

Last Sold July 05, 2022

Last sale price $750,000 $921 Per Sq Ft

35 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Fishing
  • Newport Heights Elementary Rated A
  • 24-Hour Security
  • Ocean Side of Freeway

About This Home

As of July 2022

Huge price reduction. Penthouse in upscale Versailles with Ocean view! Newport Beach living at its finest. Close enough to walk to the beach, Balboa Peninsula, Lido Island shopping and more. Enjoy living in the highly sought after Versailles gated community. Experience the gentle ocean breeze and beautiful Southern California climate. If high end, turn key, gorgeous, ready to move in and rock it, is your thing, this is your new home. This home has been updated with imported Italian cabinets in the kitchen, new flooring, and more. You will not be disappointed. Sip your morning coffee or afternoon cocktail on your very own balcony with an ocean view. Watch the sunset behind the palm trees. Life just doesn't get much sweeter than this. The amenities include a large sparkling swimming pool, spa, sauna, workout room, underground parking, clubhouse, storage, elevator, and nighttime security.

Last Agent to Sell the Property

Dena Kennedy

The Real Estate Solution License #01017608 Listed on: 04/14/2022

Last Buyer's Agent

Callum Moloney

Coldwell Banker Realty License #02060968

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $452 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 814 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Formal Entry
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676065
  • $356 per year additional tax assessments

Community Details

Overview

  • 257 Units
  • Versailles Association, Phone Number (949) 645-6242
  • Versailles Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$452 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated Community
  • Subdivision Name Other: Versailles (VERS)
  • View: Yes
  • Zoning: CONDO
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93676065
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 814.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Elevator
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 921.38
  • Room Type: All Bedrooms Up, Formal Entry, Walk-In Closet
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse, Storage, Maintenance Grounds, Security, Controlled Access
  • Association Fee: 452.41
  • Association Fee Frequency: Monthly
  • Association Name: Versailles
  • Phone: 949-645-6242
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Hiking, Park, Watersports, Sidewalks, Street Lights, Urban
  • Association Management: Versailles

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 257
  • Number Of Units Total: 257
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 1
  • Tax Tract Number: 10587
  • TaxOtherAnnualAssessmentAmount: 356.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $750,000 0.0% $921 / Sq Ft
05/18/2022 05/18/22 Price Changed $750,000 -8.0% $921 / Sq Ft
04/14/2022 04/14/22 For Sale $815,000 -- $1,001 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22071522

California Regional Multiple Listing Service (CRMLS)