NOT LISTED FOR SALE

40957 Cypress Point Dr Cherry Valley, CA 92223

Estimated Value: $367,000 - $371,883

2 Beds
2 Baths
1,286 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $240,000 $187 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,397/month

20 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Gated Community
  • Fitness Center
  • Active Adult
  • Open Floorplan

About This Home

As of March 2020

Fabulous retirement home at a super affordable price! Enjoy all the amenities Highland Springs senior community offers- including free golf, tennis, pool, spa, clubhouse, fitness center, billiard room and more for only $180 a month. Convieniantly close to casinos, palm springs and outlet malls with the safety of a gated community. This 2 bedroom 2 bath home has 1286 square feet and was built in 1990 with a tile roof, indoor laundry, beautiful brick fireplace, dining room plus a breakfast area in the kitchen, an open floor plan and sliding glass doors from the dining room and the master bedroom to the perfectly sized fenced back yard and patio. Located on a quiet cul-de-sac this house is bright and open and airy with fantastic views from every window! This home does need updating but it has great bones and at this price you can easily update to suit your own taste. You worked hard for your retirement- make it awesome!

Last Agent to Sell the Property

SUE BARE

COZY CABINS REALTY Brokerage Phone: 909-864-2121 License #00916973 Listed on: 02/04/2020

Last Buyer's Agent

BENJAMIN HERRERA

EXP REALTY OF CALIFORNIA INC. License #01942503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1990

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned R-T

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Plaster

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Spa
  • Concrete Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 128
  • Tax Tract Number 142091
  • Assessor Parcel Number 402412030

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1990

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: Automatic Gate, Card/Code Access, Gated Community
  • View: Yes
  • Zoning: R-T
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 402412030
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1286.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 186.63
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Highland Springs Country Club
  • Phone: 951-845-8044
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Golf, Sidewalks
  • Association Management: highland

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 128
  • Tax Tract Number: 142091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 27, 2020
Sold by
Maher Tiffanie
Bought by
Gorman David C and Mccleallan Bobbie J
Seller's Agent
SUE BARE
COZY CABINS REALTY
Buyer's Agent
BENJAMIN HERRERA
EXP REALTY OF CALIFORNIA INC.
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$368,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,721
Avg. Annual Appreciation
7.98%
Original Mortgage
$242,424
Outstanding Balance
$214,758
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$153,963

Purchase Details

Listed on
Feb 4, 2020
Closed on
Feb 24, 2020
Sold by
Maher Tiffanie
Bought by
Gorman David C and Mccleallan Bobbie J
Seller's Agent
SUE BARE
COZY CABINS REALTY
Buyer's Agent
BENJAMIN HERRERA
EXP REALTY OF CALIFORNIA INC.
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,424
Outstanding Balance
$214,758
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$153,963

Purchase Details

Closed on
Jun 22, 2010
Sold by
Longo Joseph C
Bought by
Maher Tiffanie

Purchase Details

Closed on
Sep 9, 2009
Sold by
Longo Joseph C
Bought by
Longo Joseph C

Purchase Details

Closed on
Sep 23, 1996
Sold by
Parrino Michael and Parrino Elizabeth
Bought by
Parrino Michael J and Parrino Elizabeth A
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
Gorman David C $240,000 Lawyers Title Insurance Comp
Gorman David C $240,000 Lawyers Title Insurance Comp
Maher Tiffanie -- None Available
Longo Joseph C -- None Available
Parrino Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman David C $242,424
Closed Gorman David C $242,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $240,000 -3.6% $187 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $249,000 -- $194 / 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 $3,332 $262,470 $43,743 $218,727
2023 $3,332 $252,281 $42,046 $210,235
2022 $3,277 $247,335 $41,222 $206,113
2021 $3,214 $242,486 $40,414 $202,072
2020 $2,345 $170,275 $51,077 $119,198
2019 $3,057 $166,937 $50,076 $116,861
2018 $3,065 $163,665 $49,095 $114,570
2017 $3,011 $160,457 $48,133 $112,324
2016 $2,934 $157,312 $47,190 $110,122
2015 $2,882 $154,951 $46,482 $108,469
2014 $2,859 $151,918 $45,572 $106,346
Source: Public Records

Agents Affiliated with this Home

  • SUE BARE

    Seller's Agent in 2020

    SUE BARE

    COZY CABINS REALTY

    (909) 641-1616

    21 Total Sales

    SUE BARE
    Section Image

  • B

    Buyer's Agent in 2020

    BENJAMIN HERRERA

    EXP REALTY OF CALIFORNIA INC.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20025459

California Regional Multiple Listing Service (CRMLS)

APN: 402-412-030

California Riverside County Cherry Valley 92223

40957 Cypress Point Dr, Cherry Valley, CA

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