Seller's Agent in 2020
Bryant Lugo
Lugo Brothers RE
(714) 797-0001
7 in this area
52 Total Sales
5048 Cumberland Dr Cypress, CA 90630
Estimated Value: $777,000 - $1,191,000
3
Beds
2
Baths
1,394
Sq Ft
$752/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Updated Kitchen
- Midcentury Modern Architecture
- Juliet Morris Elementary School Rated A
- Open Floorplan
- 4-minute walk to Darrell Essex Park
About This Home
As of February 2020Welcome to your new dream home! This beautifully re-imagined Fairway Park home sits in the heart of Cypress in one of the most sought out neighborhoods. From the moment you pull up and the curb appeal catches your eye, you’ll continue to lose yourself in awe at the amount of work that went into creating this home. The entire home was remodeled from head-to-toe, inside and out. The moment you walk in you’re greeted with a beautiful open floor plan, modern fire place, grand kitchen island, a sea of counter-top space and cabinetry, stainless steel appliances, and much more. Go down the hall, and you’ll find two bedrooms, a hallway bath, and last but not least, your master bedroom with master bathroom. Upgrades include new HVAC and ducts - new electrical wiring with upgraded panel - new copper and ABS plumbing - new tankless water heater - new dual-pane energy efficient windows - all fresh paint, inside and out - premium WindsorONE siding - new kitchen with quartz counters, soft close drawers and cabinet doors - new stainless steel appliances - new carpet - new laminate flooring - all new doors and hardware - recessed lighting throughout entire home with energy efficient LED lighting - completely remodeled bathrooms with ceramic tile floors and all new vanities - re-plastered pool - finished two car garage with new garage door and opener - fresh landscaping. This home is immaculate and a site to see. Just minutes from shopping and all major highways. Don’t miss out!
Last Agent to Sell the Property
Lugo Brothers RE License #01895617 Listed on: 01/26/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,280
Year Built
- Built in 1964 | Remodeled
Lot Details
- 6,000
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Midcentury Modern Architecture
- Turnkey
- Copper Plumbing
Interior Spaces
- 1,394 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Six Burner Stove
- Built-In Range
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
- Makeup or Vanity Space
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Schools
- Morris Elementary School
- Lexington Middle School
- Cypress High School
Additional Features
- In Ground Pool
- 6,000 Sq Ft Lot
- Property is near a park
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 4452
- Assessor Parcel Number 24440505
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2020
Sold by
Shin Thomas Sang and Lee Yoon Kyung
Bought by
Shin Thomas Sang and Lee Yoon Kyung
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$547,010
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,397
Purchase Details
Listed on
Jan 26, 2020
Closed on
Feb 18, 2020
Sold by
Rebuild Llc
Bought by
Shin Thomas Sang and Lee Yoon Kyung
Seller's Agent
Bryant Lugo
Lugo Brothers RE
Buyer's Agent
Joshua Choi
Joshua Choi, Broker
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$616,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2019
Sold by
Smith Robert and Smith Lillian Lee
Bought by
Rebuild Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shin Thomas Sang | -- | Provident Title Company | |
| Shin Thomas Sang | $770,000 | Lawyers Title Company | |
| Rebuild Llc | $350,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shin Thomas Sang | $615,000 | |
| Closed | Shin Thomas Sang | $616,000 | |
| Previous Owner | Rebuild Llc | $262,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $770,000 | +2.8% | $552 / Sq Ft |
| 02/04/2020 02/04/20 | For Sale | $749,000 | -2.7% | $537 / Sq Ft |
| 02/04/2020 02/04/20 | Off Market | $770,000 | -- | -- |
| 02/02/2020 02/02/20 | Pending | -- | -- | -- |
| 01/26/2020 01/26/20 | For Sale | $749,000 | -- | $537 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,280 | $842,105 | $729,265 | $112,840 |
| 2024 | $9,280 | $825,594 | $714,966 | $110,628 |
| 2023 | $9,070 | $809,406 | $700,947 | $108,459 |
| 2022 | $8,968 | $793,536 | $687,203 | $106,333 |
| 2021 | $8,849 | $777,977 | $673,728 | $104,249 |
| 2020 | $7,009 | $600,000 | $495,534 | $104,466 |
| 2019 | $1,123 | $76,712 | $25,244 | $51,468 |
| 2018 | $1,107 | $75,208 | $24,749 | $50,459 |
| 2017 | $1,074 | $73,734 | $24,264 | $49,470 |
| 2016 | $1,063 | $72,289 | $23,789 | $48,500 |
| 2015 | $1,051 | $71,204 | $23,432 | $47,772 |
| 2014 | $1,004 | $69,810 | $22,973 | $46,837 |
Source: Public Records
Agents Affiliated with this Home
-
Bryant Lugo
-
Kenneth Lugo
Seller Co-Listing Agent in 2020
Kenneth Lugo
Lugo Brothers RE
(714) 797-0000
8 in this area
73 Total Sales
-
Joshua Choi
Buyer's Agent in 2020
Joshua Choi
Joshua Choi, Broker
(213) 222-3643
11 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20018224
APN: 244-405-05
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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