NOT LISTED FOR SALE

40938 Cypress Point Dr Cherry Valley, CA 92223

Estimated Value: $364,000 - $387,400

2 Beds
2 Baths
1,471 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $238,000 $162 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,430/month

11 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Gated Community
  • 24-Hour Security
  • Active Adult
  • Open Floorplan

About This Home

As of November 2017

Great 2 bedroom 2 bath home located in the 55+ Highland Springs Country Club gated community.This single story home features 1,471 square feet of wide open living space that has been completely updated. Home has a great layout with entry opening to a tiled formal entry. Kitchen is on the left and family room is on the right. Home has been custom painted throughout as well as new carpet installed. Kitchen features updated appliances, granite slab counters and tile floors, and has a large cast iron sink with a ton of cabinet and counter space. The cabinets feature custom pull out drawers for easy access to pots and pans. There is a breakfast counter that can seat up to two. Beyond the kitchen is the eating area which has large windows to allow plenty of sunlight in.The living room has high ceilings, and sliding door access to the backyard. Community features secure gated access, a 9 hole golf course, putting green and driving range. As well as two tennis courts and pickleball court, swimming pool and spa, and a 7,200 square foot club house that includes a card room, billiards room and table tennis. This gated community is also located just next to Highland Springs Ranch providing extra options for entertainment, dining and shopping. This community has a great location very close to access to the 10 freeway with several shopping areas, restaurants and golf courses nearby.

Last Agent to Sell the Property

Chris Murray

RE/MAX Empire Properties License #01339816 Listed on: 09/28/2017

RE/MAX Empire Properties

Co-Listed By

Andrea Murray

RE/MAX Empire Properties License #01474696

Last Buyer's Agent

CLYDE PROX

COLDWELL BANKER KIVETT-TEETERS License #01350006

COLDWELL BANKER KIVETT-TEETERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Cul-De-Sac
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned R-T

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Level Lot
  • Automatic Gate

Property Views

  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Slab Porch or Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 14209
  • Assessor Parcel Number 402412023

Community Details

Overview

  • Active Adult
  • Highland Springs Country Club Association, Phone Number (951) 845-8044

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,437

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: R-T
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 402412023
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1471.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 161.79
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Utility Sink

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Faces Side, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Recirculated Exhaust Fan, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Sport Court, Clubhouse, Billiard Room, Dues Paid Monthly, Controlled Access
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: HIghland Springs Country Club
  • Phone: 951-845-8044
  • Senior Community: Yes
  • Community Features: Curbs, Golf, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Up Slope from Street, Yard
  • Lot Size Sq Ft: 5663.00

Multi Family

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

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 121
  • Tax Tract Number: 14209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Oct 12, 2017
Sold by
Gray William A and Gray Lorena M
Bought by
Flores Timothy J and Flores Denise C
Seller's Agent
Chris Murray
RE/MAX Empire Properties
Buyer's Agent
CLYDE PROX
COLDWELL BANKER KIVETT-TEETERS
List Price
$230,000
Sold Price
$238,000
Premium/Discount to List
$8,000
3.48%
Current Estimated Value
$374,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,350
Avg. Annual Appreciation
5.86%
Original Mortgage
$233,689
Outstanding Balance
$194,829
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$179,521

Purchase Details

Closed on
Nov 12, 2002
Sold by
Gies Harold A and Gies Marcene A
Bought by
Gray William A and Gray Lorena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
6.03%
Source: Public Records

Range of Values:

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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
Flores Timothy J $238,000 First American Title Company
Gray William A $156,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Timothy J $233,689
Previous Owner Gray William A $125,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $238,000 +3.5% $162 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $230,000 -- $156 / 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 $3,437 $270,797 $45,510 $225,287
2023 $3,437 $260,284 $43,744 $216,540
2022 $3,381 $255,182 $42,887 $212,295
2021 $3,315 $250,180 $42,047 $208,133
2020 $3,280 $247,615 $41,616 $205,999
2019 $3,227 $242,760 $40,800 $201,960
2018 $3,213 $238,000 $40,000 $198,000
2017 $2,641 $195,157 $49,907 $145,250
2016 $2,570 $191,331 $48,929 $142,402
2015 $2,304 $172,000 $44,000 $128,000
2014 $2,226 $163,000 $42,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17224014

California Regional Multiple Listing Service (CRMLS)

APN: 402-412-023