NOT LISTED FOR SALE

4981 Lemon Ave Cypress, CA 90630

Estimated Value: $1,240,000 - $1,265,000

4 Beds
2 Baths
1,996 Sq Ft
$628/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $940,000 $471 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,792/month

2 Days on Market

Highlights

  • In Ground Pool
  • Property is near a park
  • 2 Car Attached Garage
  • Margaret Landell Elementary School Rated A
  • No HOA
  • 4-minute walk to Evergreen Park

About This Home

As of April 2021

Turnkey single family home centrally located in the City of Cypress. 4 Bed, 2 Bath Home has 2 generously sized first level bedrooms and 2 on the second floor. Many upgrades throughout including new exterior stucco, new a/c unit, upgraded kitchen, front yard landscaping, recessed lighting, upgraded flooring, and paint. Plenty of natural light leads into the living room. The kitchen is well appointed with granite countertops and newer cabinetry. Convenient slider door access leads to the backyard to a built-in pool and area for entertaining. The home is located in a desirable neighborhood that has award-winning schools, nearby Oxford Academy, and a community park. Convenient access to retail shops, restaurants, freeway access, and more!

Last Agent to Sell the Property

Sean Keliiholokai

BullMark Real Estate Group License #01819112 Listed on: 02/20/2021

Co-Listed By

Reza Ashoori

BullMark Real Estate Group License #02094648

Last Buyer's Agent

Ryan Tan

Circa Properties, Inc. License #02008954

Circa Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,380

Year Built

  • Built in 1964

Lot Details

  • 6,300

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near a park
  • Suburban Location

Schools

  • Landell Elementary School
  • Lexington Middle School
  • Cypress High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • In Ground Pool
  • 6,300 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 4398
  • Assessor Parcel Number 24403502

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,380

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24403502
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1996.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 470.94
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Anaheim Union High
  • Elementary School: Landell
  • Middle School: Lexington
  • High School: Cypress
  • Elementary School: Landell
  • High School: Cypress
  • Middle Or Junior School: Lexington
  • Elementary School #2: LANDEL
  • High School2: CYPRES

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.11
  • Tax Lot: 83
  • Tax Tract Number: 4398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Feb 25, 2021
Sold by
Wallace Charles T and Wallace Kathalyn S
Bought by
Diaz Jessie Alcaraz and Alas Vivian
Seller's Agent
Sean Keliiholokai
BullMark Real Estate Group
Buyer's Agent
Ryan Tan
Circa Properties, Inc.
List Price
$880,000
Sold Price
$940,000
Premium/Discount to List
$60,000
6.82%
Total Days on Market
2
Current Estimated Value
$1,253,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,596
Avg. Annual Appreciation
7.23%
Original Mortgage
$118,000
Outstanding Balance
$107,965
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$1,151,490

Purchase Details

Closed on
Oct 31, 2015
Sold by
Wallace Charles T and Wallace Kathalyn S
Bought by
Wallace Living Trust

Purchase Details

Closed on
Aug 9, 2004
Sold by
Bolts Mark L and Bolts Janice E
Bought by
Wallace Charles T and Wallace Kathalyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2003
Sold by
Johnson Blake N and Johnson Angeles A
Bought by
Bolts Mark L and Bolts Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2001
Sold by
Tanos Randy M and Tanos Dawn L
Bought by
Johnson Blake N and Johnson Angeles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.99%
Source: Public Records

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Range of Values:

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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
Diaz Jessie Alcaraz $940,000 Ticor Title
Wallace Living Trust -- None Available
Wallace Charles T $639,000 Lawyers Title
Bolts Mark L $485,000 Old Republic Title Company
Johnson Blake N $360,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Jessie Alcaraz $118,000
Closed Diaz Jessie Alcaraz $118,000
Open Diaz Jessie Alcaraz $775,000
Previous Owner Wallace Charles T $573,750
Previous Owner Wallace Charles T $417,000
Previous Owner Wallace Charles T $100,002
Previous Owner Wallace Charles T $75,000
Previous Owner Wallace Charles T $50,000
Previous Owner Bolts Mark L $49,000
Previous Owner Wallace Charles T $480,000
Previous Owner Bolts Mark L $322,700
Previous Owner Johnson Blake N $302,500
Previous Owner Johnson Blake N $20,000
Previous Owner Johnson Blake N $288,000
Previous Owner Tanos Randy M $240,000
Previous Owner Tanos Randy M $174,000
Previous Owner Tanos Randy M $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $940,000 0.0% $471 / Sq Ft
02/25/2021 02/25/21 Price Changed $940,000 +1.6% $471 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/20/2021 02/20/21 Price Changed $925,000 +5.1% $463 / Sq Ft
02/20/2021 02/20/21 For Sale $880,000 -- $441 / 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
2024 $9,380 $997,535 $863,775 $133,760
2023 $10,971 $977,976 $846,838 $131,138
2022 $10,851 $958,800 $830,233 $128,567
2021 $9,421 $822,874 $689,002 $133,872
2020 $9,126 $791,000 $668,566 $122,434
2019 $9,035 $791,000 $668,566 $122,434
2018 $8,213 $712,000 $601,676 $110,324
2017 $8,080 $712,000 $601,676 $110,324
2016 $7,530 $654,000 $543,676 $110,324
2015 $7,586 $654,000 $543,676 $110,324
2014 $6,737 $599,760 $489,436 $110,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21031244

California Regional Multiple Listing Service (CRMLS)

APN: 244-035-02