NOT LISTED FOR SALE

500 Cagney Ln Unit 8 Newport Beach, CA 92663

Estimated Value: $658,303 - $710,000

1 Bed
1 Bath
726 Sq Ft
1971 Built

Last Sold August 07, 2020

Last sale price $460,000 $634 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,196/month

Highlights

  • Spa
  • French Architecture
  • Quartz Countertops
  • Newport Heights Elementary Rated A
  • Main Floor Bedroom
  • Courtyard Views

About This Home

As of April 2022

Welcome to the prestigious beach community of Versailles home of the superb resort lifestyle association amenities: clubhouse w/full kitchen, pool, spa, sauna, gym, community center, barbecue area...THOROUGHLY ENJOY THE OCEAN BREEZES AND CRISP CATALINA/SUNSET VIEWS AS YOU WALK OR TAKE A SHORT BIKE RIDE TO THE WORLD RENOWNED SEA SHORES OF NEWPORT BEACH, secured building #500 elegantly decorated leads to a spacious unit on the third floor adjacent elevator, lovely one bedroom, one bath nicely upgraded with stainless appliances, tile backsplash, abundance of cabinetry, recessed lighting throughout, open kitchen/living room combination extends to a view balcony overlooking manicured trees, grassy areas, mountains, 2 distant peep looks of the water, convenient underground gated parking-designated stall/laundry next to elevator..

Last Agent to Rent the Property

Gary Fallis

Gary Fallis Real Estate Svcs License #01174328 Listed on: 02/24/2022

Last Renter's Agent

Gary Fallis

Gary Fallis Real Estate Svcs License #01174328 Listed on: 02/24/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • French Architecture

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 2/24/22
  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676042

Community Details

Overview

  • Property has a Home Owners Association
  • 200 Units
  • Versailles Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Laundry Facilities
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,525

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2022-02-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 2900
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Ad Number: Gary
  • Other Phone Description: 9493004399
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Versailles (VERS)
  • View: Yes
  • Architectural Style: French
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93676042
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 726.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Living Room Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.06
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Struppa Daniele C and Sparks Mary Elizabeth
Bought by
Struppa Daniele and Sparks Mary Elizabeth
Current Estimated Value
$687,076

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jun 26, 2020
Sold by
Geller Alfred I
Bought by
Struppa Daniele C and Sparks Mary Elizabeth
Seller's Agent
Daniel Noonan
Premier Realty Associates
Buyer's Agent
Haleh Saghafi
Orange County Real Estate Inc
List Price
$464,900
Sold Price
$460,000
Premium/Discount to List
-$4,900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$345,000
Outstanding Balance
$309,311
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$366,522

Purchase Details

Closed on
Aug 17, 2017
Sold by
Geller Alfred I
Bought by
Geller Alfred I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Meshi Alexis
Bought by
Geller Dr Alfred I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2001
Sold by
Miller Paul
Bought by
Meshi Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
7.12%
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
Struppa Daniele -- None Available
Struppa Daniele C $460,000 Fidelity National Title Co
Geller Alfred I -- Lawyers Title
Geller Dr Alfred I $279,000 Stewart Title
Meshi Alexis $167,500 Equity Title Company
Miller Paul -- Equity Title Company
Miller Lorraine R -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Struppa Daniele C $345,000
Previous Owner Geller Alfred I $175,000
Previous Owner Geller Dr Alfred I $251,100
Previous Owner Meshi Alexis $150,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Rented $2,950 +1.7% --
03/10/2022 03/10/22 Under Contract -- -- --
02/24/2022 02/24/22 For Rent $2,900 0.0% --
08/07/2020 08/07/20 Sold $460,000 -1.1% $634 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $464,900 -- $640 / 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 $5,525 $497,918 $434,901 $63,017
2024 $5,525 $488,155 $426,373 $61,782
2023 $5,392 $478,584 $418,013 $60,571
2022 $5,299 $469,200 $409,816 $59,384
2021 $5,200 $460,000 $401,780 $58,220
2020 $4,175 $362,706 $296,265 $66,441
2019 $4,094 $355,595 $290,456 $65,139
2018 $4,015 $348,623 $284,761 $63,862
2017 $3,946 $341,788 $279,178 $62,610
2016 $3,860 $335,087 $273,704 $61,383
2015 $3,822 $330,054 $269,593 $60,461
2014 $3,617 $312,500 $257,176 $55,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22036593

California Regional Multiple Listing Service (CRMLS)

APN: 936-760-42