NOT LISTED FOR SALE

950 Cagney Ln Unit 304 Newport Beach, CA 92663

Estimated Value: $1,175,000 - $1,612,000

2 Beds
2 Baths
1,320 Sq Ft
1983 Built

Last Sold April 18, 2019

Last sale price $975,000 $739 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,940/month

Highlights

  • Ocean View
  • Fitness Center
  • Two Primary Bedrooms
  • Newport Heights Elementary Rated A
  • Spa
  • Gated Community

About This Home

As of January 2024

Top floor, huge view, beautifully updated, vaulted ceiling, skylights in every room with amazing ocean view from every corner! Spacious 2 bed 2 bath condo perfectly situated in a quiet corner of Villa Balboa. Far from Coast Highway or Superior street noise. Enjoy breathtaking sunsets in serenity and peace. Adjacent building to the community fully equipped state-of-the-art gym, tennis courts, pools, and spas. Only minutes to the oceanfront, fine dining, fashion island, and much more. Soak up Newport Beach!

Last Agent to Rent the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 12/22/2023

Douglas Elliman Of California

Last Renter's Agent

Julee Johnson

Coldwell Banker Realty License #01896536

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,608

Year Built

  • Built in 1983

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Pool

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Skylights
  • Living Room with Fireplace
  • Living Room Balcony
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes gas, pool, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 1/1/24
  • Tax Lot 15
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077638

Community Details

Overview

  • Property has a Home Owners Association
  • $250 HOA Transfer Fee
  • 445 Units
  • Villa Balboa Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Gated Community
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,608

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-01-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 500
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Fire Sprinkler System, Gated Community
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93077638
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1320.00 Square Feet
  • Interior Amenities: Elevator, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Entry Location: 1st Flr
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Adaptable For Elevator
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.79
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Two Primaries
  • Spa Features: Association
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Panoramic, Pool, Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Urban

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: 445
  • Number Of Units Total: 445
  • Rent Includes: Gas, Pool, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 15
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2020
Sold by
Exeter 19395 Wy Llc
Bought by
B & A Rozo Family Limited Parnership
Current Estimated Value
$1,320,491

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 15, 2019
Sold by
Thierstein Survivors Trust
Bought by
A & B Rozo Family Limited Partnership and 19395 Wy Llc
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Josef Szigeti
Douglas Elliman Of California
List Price
$1,099,999
Sold Price
$975,000
Premium/Discount to List
-$124,999
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Thierstein Erika
Bought by
Thierstein Erika and Thierstein Survivors Trust

Purchase Details

Closed on
Sep 15, 2005
Sold by
Thierstein Hans and Thierstein Erika
Bought by
Thierstein Hans and Thierstein Erika

Purchase Details

Closed on
Jun 17, 2005
Sold by
Thierstein Hans and Thierstein Erika
Bought by
Thierstein Hans and Thierstein Erika
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
B & A Rozo Family Limited Parnership -- North American Title Company
A & B Rozo Family Limited Partnership $975,000 Orange Coast Ttl Co Of Socal
Thierstein Erika -- None Available
Thierstein Hans -- --
Thierstein Hans -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Rented $5,000 0.0% --
12/22/2023 12/22/23 For Rent $4,999 +25.1% --
01/14/2020 01/14/20 Rented $3,995 0.0% --
11/05/2019 11/05/19 Price Changed $3,995 -4.9% $3 / Sq Ft
08/12/2019 08/12/19 For Rent $4,200 0.0% --
04/18/2019 04/18/19 Sold $975,000 -11.4% $734 / Sq Ft
11/27/2018 11/27/18 For Sale $1,099,999 0.0% $828 / Sq Ft
12/28/2012 12/28/12 Rented $2,500 -5.7% --
12/28/2012 12/28/12 Under Contract -- -- --
10/22/2012 10/22/12 For Rent $2,650 -- --
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 $11,608 $1,087,629 $874,067 $213,562
2024 $11,608 $1,066,303 $856,928 $209,375
2023 $11,334 $1,045,396 $840,126 $205,270
2022 $11,144 $1,024,899 $823,653 $201,246
2021 $10,932 $1,004,803 $807,503 $197,300
2020 $10,826 $994,500 $799,223 $195,277
2019 $5,402 $479,952 $293,760 $186,192
2018 $5,296 $470,542 $288,000 $182,542
2017 $5,204 $461,316 $282,353 $178,963
2016 $5,090 $452,271 $276,817 $175,454
2015 $5,041 $445,478 $272,659 $172,819
2014 $4,923 $436,752 $267,318 $169,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23229273

California Regional Multiple Listing Service (CRMLS)

APN: 930-776-38