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Sold for $655,000
  • Listed by: Innovate Realty, Inc. • Frank Shamoo • Contact: 949-295-6491
    Bought with: Pinnacle Real Estate Group
    $655,000

    500 Cagney Ln APT 106, Newport Beach, CA 92663

    1beds
    726sqft
    Condominium
    Built in 1971
    -- sqft lot
    $683,200 Zestimate®
    $902/sqft
    $4,315 Estimated rent

    Home value

    $683,200

    $642,000 - $724,000

    $4,315/mo

    Zestimate® history
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    What's special

    This spacious one-bedroom condo is located in the prestigious gated community of Versailles in Newport Beach. The home has been thoughtfully upgraded with a washer and dryer in the unit (which is a rare find in this community). It features stainless steel appliances, quartz countertops in the kitchen and bathroom, luxurious laminate flooring, and modern ceiling fans. The home also includes recessed lighting and a contemporary electric fireplace. The indoor laundry closet adds to the charm of this stylish beach bungalow. It has a private balcony and is just a short walk away from the beach, dining, shopping, and nightlife. Hoag Hospital is conveniently located nearby and is ranked as one of the best hospitals in Orange County. Residents can enjoy a range of resort-like HOA amenities, including a clubhouse with a full kitchen, sauna, gym, pool, spa, card room, and community center. Take advantage of the miles of sandy coastline by going for a refreshing bike ride or a leisurely walk down the peninsula. The gated underground parking garage is available for residents, while guests can park outside. Additionally, a community laundry facility in the basement near the elevator is only steps away from your unit if needed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Shamoo DRE #01899250 949-295-6491,

    Innovate Realty, Inc.,

    Jennifer AguilarShamoo DRE #01368274,

    Innovate Realty, Inc.

    Bought with:

    Wei Dong Wang, DRE #02126023

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: OC24071934MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathroom Exhaust Fan, Dual Sinks, Enclosed Toilet, Multiple Shower Heads, Quartz Counters, Remodeled, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Quartz Counters, Updated Kitchen
    Heating
    • Radiant
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Range, Disposal, Microwave
    • Laundry: Inside, Laundry Closet
    Features
    • Breakfast Bar, Balcony, Ceiling Fan(s), Elevator, Open Floorplan, Quartz Counters, Recessed Lighting, Trash Chute, Unfurnished, Wired for Sound, All Bedrooms Down, Main Level Primary
    • Flooring: Laminate, Tile
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric, Living Room, Primary Bedroom
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 726 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Underground, Guest, Gated, One Space
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Patio
    • Exterior features: Lighting
    • Pool features: In Ground, Association
    • Has spa: Yes
    • Spa features: Association, In Ground
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Features: Close to Clubhouse
    Details
    • Parcel number: 93676001
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: French Provincial
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Common Roof
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights, Sidewalks, Gated
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Resident Manager, Smoke Detector(s)
    • Subdivision: Versailles (Vers)
    HOA
    • Has HOA: Yes
    • Amenities included: Call for Rules, Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Barbecue, Pool, Pet Restrictions, Spa/Hot Tub, Trash, Water
    • HOA fee: $532 monthly
    • HOA name: Versailles HOA
    • HOA phone: 949-645-6262
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $902/sqft
    • Tax assessed value: $668,100
    • Date on market: 4/24/2024
    • Cumulative days on market: 89 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/3/2025Listing removed$3,500$5/sqft
    Source: Zillow Rentals Report a problem
    11/4/2025Listed for rent$3,500$5/sqft
    Source: Zillow Rentals Report a problem
    10/29/2024Listing removed$3,500$5/sqft
    Source: Zillow Rentals Report a problem
    9/29/2024Price change$3,500-7.9%$5/sqft
    Source: Zillow Rentals Report a problem
    9/23/2024Price change$3,800-15.6%$5/sqft
    Source: Zillow Rentals Report a problem
    9/16/2024Listed for rent$4,500+150%$6/sqft
    Source: Zillow Rentals Report a problem
    8/16/2024Sold$655,000$902/sqft
    Source: CRMLS #OC24071934 Report a problem
    8/6/2024Pending sale$655,000$902/sqft
    Source: CRMLS #OC24071934 Report a problem
    7/25/2024Contingent$655,000$902/sqft
    Source: CRMLS #OC24071934 Report a problem
    7/10/2024Price change$655,000-2.2%$902/sqft
    Source: CRMLS #OC24071934 Report a problem
    6/20/2024Price change$670,000-2.2%$923/sqft
    Source: CRMLS #OC24071934 Report a problem
    6/7/2024Price change$685,000-1.4%$944/sqft
    Source: CRMLS #OC24071934 Report a problem
    5/14/2024Listed for sale$695,000$957/sqft
    Source: CRMLS #OC24071934 Report a problem
    5/6/2024Contingent$695,000$957/sqft
    Source: CRMLS #OC24071934 Report a problem
    4/24/2024Listed for sale$695,000+51.1%$957/sqft
    Source: CRMLS #OC24071934 Report a problem
    6/4/2020Sold$460,000-1.1%$634/sqft
    Source: Public Record Report a problem
    4/18/2020Pending sale$465,000$640/sqft
    Source: McMonigle Group Corp #OC20047282 Report a problem
    3/21/2020Price change$465,000-5.1%$640/sqft
    Source: McMonigle Group Corp #OC20047282 Report a problem
    3/5/2020Listed for sale$490,000+40%$675/sqft
    Source: McMonigle Group Corp #OC20047282 Report a problem
    9/26/2014Sold$350,000-2.5%$482/sqft
    Source: Public Record Report a problem
    8/24/2014Listing removed$1,800$2/sqft
    Source: Thomas E Christensen and Asso #NP14174917 Report a problem
    8/24/2014Pending sale$359,000$494/sqft
    Source: Thomas E Christensen and Asso #NP14174835 Report a problem
    8/19/2014Listed for rent$1,800$2/sqft
    Source: Thomas E Christensen and Asso #NP14174917 Report a problem
    8/15/2014Listed for sale$359,000$494/sqft
    Source: THOMAS E CHRISTENSEN & ASSOC #NP14174835 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $668,100 +2%
    2025$7,264 +30.2%$655,000 +32.8%
    2024$5,578 +2.5%$493,211 +2%
    2023$5,444 +1.8%$483,541 +2%
    2022$5,350 +1.9%$474,060 +2%
    2021$5,250 +19.2%$464,765 +20.8%
    2020$4,405 $384,625 +2%
    2019$4,405 +2%$377,084 +2%
    2018$4,320 +3.8%$369,691 +2%
    2017$4,163 $362,443 +2%
    2016$4,163 +2.2%$355,337 +1.5%
    2015$4,073 +65.7%$350,000 +73%
    2014$2,458 $202,306 +0.5%
    2013-- $201,392 +2%
    2012-- $197,444 +2%
    2011-- $193,573 +0.8%
    2010-- $192,127
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport Heights
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $683,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $683,200