tomo logo

$1,099,000

Beds
2
Baths
2.0
sq ft
1,201

270 Cagney Ln Unit 102, Newport Beach, CA 92663

270 Cagney Ln Unit 102

Newport Beach, CA 92663

  • <1 day on market
Welcome to this charming two-bedroom, two-bathroom condo located in the desirable gated community of Villa Balboa of Newport Beach. Nestled in a tranquil coastal setting, this home offers the perfect blend of comfort and convenience. Step inside to find an open and airy floor plan featuring expansive windows that flood the space with natural light. The living area is ideal for both relaxing and entertaining, with ample space for your favorite furniture and easy access to a private patio, perfect for enjoying the serene surroundings. The well-appointed kitchen boasts sleek countertops, modern appliances, and plenty of storage, making it a chef’s dream. The primary bedroom offers a peaceful retreat, complete with an en-suite bathroom, while the second bedroom is perfect for guests or a home office. Villa Balboa residents enjoy resort-style amenities, including a sparkling pool, spa, fitness center, tennis courts and direct access to nearby walking and biking trails. Plus, you’re just minutes from the stunning beaches of Newport Beach, as well as an array of shopping, dining, and entertainment options of Lido Village.

Details

Property type

Condominium

Est. home value

$1,066,289

Lot size

0.7268 acres

Price per sq ft

$916

Year built

1985

Monthly HOA fee

$685

Price History

02/25/2025
CRMLS

CRMLS #OC25041474

Listed
$1,099,000
-2.31%
11/09/2024
CRMLS

CRMLS #NP24173323

Removed
$1,125,000
09/29/2024
CRMLS

CRMLS #NP24173323

Price change
$1,125,000
-2.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Curbs, Golf, Park, Street Lights, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

445

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$987,466
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$23,614
Cash to seller
$987,466

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Americas Lender Inc

Loan start date

April 1998

Original loan amount

$104,500

Est. remaining balance

$23,614

Interest rate

6.99%

Loan type

Not Provided, 30 year

Seller

Evelyn Hoffman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/25/2025 at 11:15 PM

Listing updated: 02/25/2025 at 2:04 PM

Listed by: Sean Stanfield, Sean Stanfield, Pacific Sotheby's Int'l RealtyPacific Sotheby's Int'l Realty Phone #: (714) 587-2408

MLS: CRMLS #OC25041474

CRMLS logo

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