NOT LISTED FOR SALE

40968 Cypress Point Dr Cherry Valley, CA 92223

Estimated Value: $347,000 - $410,461

2 Beds
2 Baths
1,606 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $364,900 $227 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,684/month

25 Days on Market

Highlights

  • Private Pool
  • Fireplace
  • Living Room
  • Neighborhood Views
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2022

2 bedroom 2 bath home in the Highland Springs Country Club (HSCC), 55+ gated community has a $185 HOA that INCLUDES GOLF!, Pool, Club House, Tennis, Pickleball, Pinochet, Yoga, along with several clubs. Walking distance to 123 Farms for all your Lavender needs, trails & near Beaumont Market Place for Shopping. Minutes from Palm Springs, Big Bear, Temecula, & Redlands.

Last Agent to Sell the Property

Ronald Burner

Los Angeles Times License #02008741 Listed on: 03/11/2022

Los Angeles Times

Co-Listed By

Cara Gorrill

Los Angeles Times License #02061792

Last Buyer's Agent

Mauricio Sanchez

RE/MAX TIME REALTY License #01716728

RE/MAX TIME REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,855

Year Built

  • Built in 1990

Lot Details

  • 6,969 Sq Ft Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,606 Sq Ft Home
  • Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • No Heating

Additional Features

  • Private Pool
  • Suburban Location

Community Details

  • Highland Springs Association, Phone Number (951) 845-8044

Listing and Financial Details

  • Tax Tract Number 5600
  • Assessor Parcel Number 402412026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,855

Year Built

Built in 1990

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: single family
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 402412026
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1606.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 227.21
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Highland Springs
  • Phone: 9518458044
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6969.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 05600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 18, 2022
Sold by
Dexter Lee Johnson and Dexter Noralyn M
Bought by
Fontaine Robert
Seller's Agent
Ronald Burner
Los Angeles Times
Buyer's Agent
Mauricio Sanchez
RE/MAX TIME REALTY
List Price
$374,900
Sold Price
$364,900
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$382,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,465
Avg. Annual Appreciation
1.37%
Original Mortgage
$373,292
Outstanding Balance
$352,326
Interest Rate
4.72%
Mortgage Type
VA
Estimated Equity
$30,039

Purchase Details

Closed on
Jan 13, 2000
Sold by
Cook Frank D and Cook Helen F
Bought by
Johnson Dexter Lee and Johnson Noralyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.14%
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
Fontaine Robert $365,000 Fidelity National Title
Johnson Dexter Lee $130,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fontaine Robert $373,292
Previous Owner Johnson Dexter Lee $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $364,900 0.0% $227 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $364,900 -2.7% $227 / Sq Ft
03/11/2022 03/11/22 For Sale $374,900 -- $233 / 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 $5,855 $387,233 $42,448 $344,785
2023 $5,855 $372,198 $40,800 $331,398
2022 $1,942 $146,849 $24,871 $121,978
2021 $1,905 $143,971 $24,384 $119,587
2020 $1,883 $142,495 $24,134 $118,361
2019 $1,852 $139,702 $23,661 $116,041
2018 $1,843 $136,964 $23,200 $113,764
2017 $1,812 $134,280 $22,746 $111,534
2016 $1,763 $131,648 $22,300 $109,348
2015 $1,733 $129,672 $21,966 $107,706
2014 $1,732 $127,135 $21,537 $105,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2201610

California Regional Multiple Listing Service (CRMLS)

APN: 402-412-026