tomo logo

$1,125,000

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

  • 71 days on market
    • Price drop $25,000↓
Upgraded, beautiful, and desirable two-bedroom two, two-bath home with 9-foot ceilings, custom flooring, and extra wide wrap-around spacious and lush patio. Great kitchen and beautiful open floor plan for great entertaining. The floor-to-ceiling windows provide an abundance of natural light. The direct, easy access to the patio provides refreshing ocean breezes and effectively expands your overall living and entertainment space. The Off-the-street location enhances the serene feel of the home. Impressive fireplace, high ceiling, beautiful REAL (not engineered) hardwood floors, sophisticated and upgraded bathrooms, indoor laundry, a lot of custom cabinetries for extra storage, and much more. Great assn. with pools, tennis and pickle courts, and state of the art gym. Moments to the oceanfront, Newport Beach parks, scenic and world-famous beaches, surfing, Fashion Island, and Five Star Restaurants.

Details

Property type

Condominium

Est. home value

$1,066,289

Lot size

Unknown

Price per sq ft

$937

Year built

1985

Monthly HOA fee

$685

Price History

09/29/2024
CRMLS

CRMLS #NP24173323

Price change
$1,125,000
-2.17%
08/24/2024
CRMLS

CRMLS #NP24173323

Listed
$1,150,000
+16.87%
11/07/2022
CRMLS

CRMLS #NP22176045

Sold
$984,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, 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

$1,009,190
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$25,810
Cash to seller
$1,009,190

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

$25,810

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: 11/03/2024 at 6:00 AM

Listing updated: 10/05/2024 at 5:01 PM

Listed by: Josef Szigeti, Douglas Elliman Of California Phone #: (949) 270-0440

MLS: CRMLS #NP24173323

CRMLS logo

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