NOT LISTED FOR SALE

27776 Inverness Unit 22 Mission Viejo, CA 92692

Estimated Value: $962,000 - $1,162,000

4 Beds
2.5 Baths
1,972 Sq Ft
$580/mo HOA Fee

Last Sold February 02, 2021

Last sale price $685,000 $347 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,804/month

2 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Main Floor Primary Bedroom
  • Castille Elementary School Rated A
  • Clubhouse
  • Neighborhood Views

About This Home

As of February 2021

Sophisticated Augusta model in the gated community of Cypress Point. Rarely available, this large home boasts 3 Bedrooms, 2.5 Baths & a large loft/4bedroom. Enter this lovely home through the private and covered courtyard perfect for indoor/outdoor living. Enter the home to warm hardwood flooring. The main living area features vaulted ceilings, lots of natural light and open floorplan. Upgraded Kitchen with granite countertops & breakfast nook overlooks the courtyard. Cozy Fireplace brings comfort & ambiance on cooler days. The large balcony upgraded with composite decking is just right to relax on & enjoy the wonderful views. The main floor Master Suite is expansive. The master bath is well appointed with separate tub & shower and dual sink vanity. Also on this level is a powder room, full size laundry & large pantry. Lower level has 2 large secondary bedrooms, full Bath and patio area! Need more space, the large upper level loft allows you the room. Use as a 4th bedroom, private office retreat or movie theatre...it's what we all need...versatile space. Sparkling Comm. Pool & Spa, BBQ & Clubhouse are close by. Need a bigger Pool, want to go fishing, boating or check out a Summer concert, no worries the Fantastic MV Lake is across the street. Home has been repiped. HOA fees include Building Eartquake Insurance & Trash!

Last Agent to Sell the Property

Brooke Chik

Pacific Sotheby's Int'l Realty License #01990116 Listed on: 12/17/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Daniel Cox

Coldwell Banker Realty License #01719960

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,369

Year Built

  • Built in 1985

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,972 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 2
  • Tax Tract Number 8771
  • Assessor Parcel Number 93727067

Community Details

Overview

  • 165 Units
  • Cypress Point Association, Phone Number (949) 582-8477
  • Mission Viejo Association
  • Otis HOA Management HOA
  • Cypress Point Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,369

Year Built

Built in 1985

Lot Details

0

HOA Fees

$580 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Cypress Point (CYP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93727067
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1972.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 347.36
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Mission Viejo
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Clubhouse, Earthquake Insurance, Trash, Security
  • Association Fee: 559.00
  • Association #2 Fee: 21.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Point
  • Phone: 949-582-8477
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Lake, Sidewalks, Street Lights
  • Association Management: Otis HOA Management

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 165
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.37
  • Tax Lot: 2
  • Tax Tract Number: 8771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Leonel Cano
Bought by
Cano Leonel and Cano Eddy
Current Estimated Value
$1,052,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Outstanding Balance
$97,710
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$922,711

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 2, 2021
Sold by
Demaio Jennifer
Bought by
Cano Leonel
Seller's Agent
Brooke Chik
Pacific Sotheby's Int'l Realty
Buyer's Agent
Daniel Cox
Coldwell Banker Realty
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$650,750
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 27, 2015
Sold by
Demaio Vincent
Bought by
Demaio Jennifer
Seller's Agent
Nada Vuksic
Coldwell Banker Realty
Buyer's Agent
Heather Gennette
LPT Realty, Inc
List Price
$599,000
Sold Price
$588,000
Premium/Discount to List
-$11,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$577,349
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 16, 2015
Sold by
Palaniappan Annamalai S
Bought by
Demaio Jennifer
Seller's Agent
Nada Vuksic
Coldwell Banker Realty
Buyer's Agent
Heather Gennette
LPT Realty, Inc
List Price
$599,000
Sold Price
$588,000
Premium/Discount to List
-$11,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,349
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2013
Sold by
Palaniappan Jasmin
Bought by
Palaniappan Annamalai S

Purchase Details

Closed on
Jul 27, 2010
Sold by
Robinson Marilyn Gay
Bought by
Palaniappan Annamalai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,489
Interest Rate
4.51%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2002
Sold by
Robinson Marilyn G
Bought by
Robinson Marilyn Gay and The Marilyn Gay Robinson Separate Proper

Purchase Details

Closed on
Jul 11, 2000
Sold by
Robinson Larry
Bought by
Robinson Marilyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.2%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Pauline Greenberg
Bought by
Robinson Marilyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.2%

Purchase Details

Closed on
Apr 26, 1993
Sold by
Greenberg Leo and Greenberg Pauline
Bought by
Greenberg Leo and Greenberg Pauline
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cano Leonel -- Chicago Title
Cano Leonel $685,000 Ticor Ttl Orange Cnty Branch
Demaio Jennifer -- California Title Company
Demaio Jennifer $588,000 California Title Company
Palaniappan Annamalai S -- Nextitle
Palaniappan Annamalai S -- Nextitle
Palaniappan Annamalai $490,000 Fidelity Natl Title Irvine
Robinson Marilyn Gay -- --
Robinson Marilyn G -- Chicago Title Co
Robinson Marilyn G $330,000 Chicago Title Co
Greenberg Leo -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano Leonel $107,000
Previous Owner Cano Leonel $650,750
Previous Owner Demaio Jennifer $583,027
Previous Owner Demaio Jennifer $577,349
Previous Owner Palaniappan Annamalai $483,489
Previous Owner Robinson Marilyn G $87,500
Previous Owner Robinson Marilyn G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $685,000 +1.5% $347 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $675,000 +14.8% $342 / Sq Ft
11/13/2015 11/13/15 Sold $588,000 -1.8% $288 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $599,000 +1.9% $293 / Sq Ft
09/04/2015 09/04/15 Off Market $588,000 -- --
09/03/2015 09/03/15 Off Market $588,000 -- --
06/19/2015 06/19/15 Price Changed $599,000 -1.8% $293 / Sq Ft
05/07/2015 05/07/15 Price Changed $609,990 -0.8% $299 / Sq Ft
04/01/2015 04/01/15 For Sale $614,900 +4.6% $301 / Sq Ft
04/01/2015 04/01/15 Off Market $588,000 -- --
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 $7,369 $741,465 $535,590 $205,875
2024 $7,369 $726,927 $525,088 $201,839
2023 $7,213 $712,674 $514,792 $197,882
2022 $7,075 $698,700 $504,698 $194,002
2021 $6,515 $643,062 $451,588 $191,474
2020 $6,450 $636,469 $446,958 $189,511
2019 $6,324 $623,990 $438,194 $185,796
2018 $6,202 $611,755 $429,602 $182,153
2017 $6,081 $599,760 $421,178 $178,582
2016 $5,965 $588,000 $412,919 $175,081
2015 $5,246 $522,341 $339,956 $182,385
2014 $5,145 $512,110 $333,297 $178,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20257022

California Regional Multiple Listing Service (CRMLS)

APN: 937-270-67