NOT LISTED FOR SALE

11620 Panay St Cypress, CA 90630

Estimated Value: $1,073,432 - $1,239,000

4 Beds
2 Baths
1,614 Sq Ft
$715/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $495,000 $307 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $6,620/month

59 Days on Market

Highlights

  • Filtered Pool
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Patton Elementary School Rated A
  • Open Floorplan
  • Property is near public transit

About This Home

As of February 2012

Gorgeous upgraded home with cathedral ceiling, customized fireplace, plantation shutters, wood flooring and ceramic tile. Spacious family room open to remodeled kitchen with granite countertops, island and builtin stainless steel appliances. Both bathrooms have granite counterstops. There are large bedrooms including master suite with walk-in closet. One bedroom has sliding doors to rear yard. Direct access to oversized 2 car garage, central air condtioning, forced air heating, brick driveway, beautiful front landscaping and copper plumbing are a few of the upgrades and amenities. Inviting spa and swimming pool with slide and diving board are perfect for year round outdoor activities. This lovely home is only a few houses from a large neighborhood park with a childrens pay area and lots of shade trees. It is also close to the 22, 405 and 605 freeways, public transportation and all schools. Acclaimed Patton Elementary School is the neighborhood elementary school.

Last Agent to Sell the Property

Terrie Whittaker

First Team Real Estate License #00593225 Listed on: 11/09/2011

First Team Real Estate

Last Buyer's Agent

Frank Marshall

Franklin Marshall, Broker License #00682236

Franklin Marshall, Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 5,005 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Block Wall Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Interior Block Wall
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,614 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Awning
  • Stained Glass
  • Sliding Doors
  • Family Room
  • Living Room
  • Laundry in Garage
  • Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Diving Board

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Sewer Paid

Additional Features

  • Slab Porch or Patio
  • Property is near public transit

Community Details

  • Carmel

Listing and Financial Details

  • Tax Lot 0.11
  • Tax Tract Number 7581
  • Assessor Parcel Number 22409410

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Larwin Tempo
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 22409410
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1614.00
  • Interior Amenities: Block Walls, Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 306.69
  • Room Type: Attic, All Bedrooms Down, Family Room, Living Room, Walk-In Closet
  • Spa Features: Gunite, Heated, In Ground
  • Window Features: Stained Glass

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Diving Board, Filtered, Gunite, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Brick, Driveway, Garage Faces Front, Direct Garage Access, Garage Door Opener, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Electric Cooking, Free Standing, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Paved, Near Public Transit
  • Lot Size: 50x100
  • Lot Size Sq Ft: 5005.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5005.0000 Square Feet

Tax Info

  • Tax Lot: 0.11
  • Tax Tract Number: 7581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Spalding Branden M and Spalding Maria Dolor
Bought by
Spalding Branden M and Spalding Maria Dolor
Current Estimated Value
$1,154,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$292,987
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$861,371

Purchase Details

Listed on
Nov 9, 2011
Closed on
Jan 23, 2012
Sold by
Sabeh Kussai
Bought by
Spalding Branden M and Dolor Maria L
Seller's Agent
Terrie Whittaker
First Team Real Estate
Buyer's Agent
Frank Marshall
Franklin Marshall, Broker
List Price
$509,900
Sold Price
$495,000
Premium/Discount to List
-$14,900
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$482,451
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2007
Sold by
Sabeh Kussai and Soufi Linda
Bought by
Sabeh Kussai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 17, 2003
Sold by
Soufi Linda
Bought by
Alsabea Kusay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2003
Sold by
Apolonio Domingo J and Apolonio Miriam C
Bought by
Alsabea Kusay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1996
Sold by
Ron Rakijian Hirant and Alis Rakijian Alis
Bought by
Apolonio Domingo J and Apolonio Miriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spalding Branden M -- Orange Coast Title Company
Spalding Branden M $495,000 Ticor Title
Sabeh Kussai -- First American Title
Alsabea Kusay -- Ticor Title Company
Alsabea Kusay $440,000 Ticor Title Company
Apolonio Domingo J $202,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalding Branden M $420,000
Closed Spalding Branden M $482,451
Previous Owner Sabeh Kussai $100,000
Previous Owner Alsabea Kusay $352,000
Previous Owner Apolonio Domingo J $191,900
Closed Alsabea Kusay $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $495,000 -2.9% $307 / Sq Ft
11/09/2011 11/09/11 For Sale $509,900 -- $316 / 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 $7,009 $621,743 $492,921 $128,822
2024 $7,009 $609,552 $483,255 $126,297
2023 $6,879 $597,600 $473,779 $123,821
2022 $6,780 $585,883 $464,489 $121,394
2021 $6,718 $574,396 $455,382 $119,014
2020 $6,641 $568,507 $450,713 $117,794
2019 $6,472 $557,360 $441,875 $115,485
2018 $6,367 $546,432 $433,211 $113,221
2017 $6,282 $535,718 $424,717 $111,001
2016 $6,003 $525,214 $416,389 $108,825
2015 $5,930 $517,325 $410,134 $107,191
2014 $5,720 $507,192 $402,100 $105,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P802598

California Regional Multiple Listing Service (CRMLS)

APN: 224-094-10