NOT LISTED FOR SALE

27856 Inverness Unit 41 Mission Viejo, CA 92692

Estimated Value: $978,000 - $1,079,000

3 Beds
2.5 Baths
1,985 Sq Ft
$667/mo HOA Fee

Last Sold June 30, 2020

Last sale price $589,000 $297 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,570/month

11 Days on Market

Highlights

  • Golf Course Community
  • Heated Spa
  • Community Lake
  • Castille Elementary School Rated A
  • Fishing
  • Clubhouse

About This Home

As of June 2020

Great location, gorgeous architecture, luxurious lifestyle with a huge living space, all in one package! Located in the exclusive high end gated community of Cypress Point. Immaculate model, won “Best Architectural Design” Award. Bright and stunning floor plan with 3 bedrooms and 3 bathrooms. Vast loft, with closet, would be an ideal 4th bedroom convenient for guests or an office. Located in one of the highest ranked school districts.The sizable living room flows seamlessly and gleams with beautiful tall curved windows, drastic high ceilings and elegant fireplace. The kitchen is well appointed with updated appliances. With no one below or above you, you’ll truly enjoy relaxing in both the front and back private patio yards.* The HOA fee covers, earthquake insurance, Golf Course and Lake access, homeowners insurance (Partial coverage), Trash and of course about everything outside (ie. Landscaping, Roof, Walls, Decks, etc. )

Last Agent to Sell the Property

Sinan Zakaria

Listed Simply License #01948642 Listed on: 05/05/2020

Last Buyer's Agent

Sinan Zakaria

Listed Simply License #01948642 Listed on: 05/05/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,333

Year Built

  • Built in 1985

Lot Details

  • 1 Common Wall
  • Cul-De-Sac

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space

Interior Spaces

  • 1,985 Sq Ft Home
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 2
  • Tax Tract Number 8771
  • Assessor Parcel Number 93727086

Community Details

Overview

  • Master Insurance
  • 100 Units
  • Otis HOA Management Association, Phone Number (888) 516-6532
  • Otis HOA Managemen HOA
  • Community Lake

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Fishing
  • Bike Trail

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,333

Year Built

Built in 1985

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Cypress Point (CYP)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93727086
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1985.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Decorative
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 296.73
  • Room Type: Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community, Bath, Heated

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio, Front Porch, Terrace
  • Pool Features: Association, Community, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Clubhouse, Earthquake Insurance, Insurance, Trash, Pets Permitted, Call for Rules, Management
  • Association Fee: 667.00
  • Association Fee Frequency: Monthly
  • Association Name: Otis HOA Management
  • Phone: 8885166532
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Golf, Gutters, Lake, Street Lights
  • Association Management: Otis HOA Managemen

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

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
Feb 7, 2024
Sold by
Kirsten Martin C and Kirsten Robyn R
Bought by
Mei Ting and Li Yang
Current Estimated Value
$1,024,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,800
Outstanding Balance
$507,118
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$517,593

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 29, 2020
Sold by
Minooei Yazdan and Khodaparast Sanaz
Bought by
Kirsten Martin C and Kirsten Robyn R
Seller's Agent
Sinan Zakaria
Listed Simply
Buyer's Agent
Sinan Zakaria
Listed Simply
List Price
$599,800
Sold Price
$589,000
Premium/Discount to List
-$10,800
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$441,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 27, 2017
Sold by
Garber Jeremiah and Hernandez Jacqueline
Bought by
Minooei Yazdan and Khodaparast Sanaz
Seller's Agent
Daniel Cox
Coldwell Banker Realty
Buyer's Agent
Tarah Walker
eXp Realty of Greater Los Angeles, Inc.
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$460,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2013
Sold by
Hernandez Jacqueline
Bought by
Hernandez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2013
Sold by
Hernandez Jacqueline
Bought by
Garber Jeremiah and Hernandez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2001
Sold by
Bost Ronald J and Bost Patricia M
Bought by
Hernandez Geana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.63%

Purchase Details

Closed on
Feb 17, 1998
Sold by
Bost Patricia M
Bought by
Bost Ronald J and Bost Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,745
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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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
Mei Ting $936,000 Lawyers Title Company
Kirsten Martin C $589,000 Wfg National Title
Minooei Yazdan $575,000 First American Title
Hernandez Jacqueline -- First American Title Company
Garber Jeremiah -- None Available
Hernandez Geana E $379,500 Chicago Title Co
Bost Ronald J -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mei Ting $514,800
Previous Owner Kirsten Martin C $441,750
Previous Owner Minooei Yazdan $460,000
Previous Owner Hernandez Jacqueline $341,000
Previous Owner Hernandez Geana E $200,000
Previous Owner Bost Ronald J $200,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $589,000 -1.8% $297 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $599,800 +4.3% $302 / Sq Ft
10/25/2017 10/25/17 Sold $575,000 -1.7% $274 / Sq Ft View Prior Sale
09/21/2017 09/21/17 Price Changed $584,900 -2.5% $279 / Sq Ft
07/12/2017 07/12/17 For Sale $599,900 -- $286 / 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 $6,333 $954,720 $701,334 $253,386
2024 $6,333 $631,526 $430,022 $201,504
2023 $6,197 $619,144 $421,591 $197,553
2022 $6,078 $607,004 $413,324 $193,680
2021 $5,960 $595,102 $405,219 $189,883
2020 $5,993 $598,230 $423,627 $174,603
2019 $5,888 $586,500 $415,320 $171,180
2018 $5,831 $575,000 $407,176 $167,824
2017 $4,894 $482,423 $274,320 $208,103
2016 $4,801 $472,964 $268,941 $204,023
2015 $4,745 $465,860 $264,901 $200,959
2014 $4,655 $456,735 $259,712 $197,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20086079

California Regional Multiple Listing Service (CRMLS)

APN: 937-270-86