NOT LISTED FOR SALE

505 Cypress Point Dr Unit 10 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $577,000 - $781,000

1 Bed
1 Bath
662 Sq Ft
$451/mo HOA Fee

Last Sold December 29, 2020

Last sale price $600,000 $906 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,473/month

31 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Clubhouse
  • Edith Landels Elementary School Rated A
  • Private Pool
  • 4-minute walk to Jackson Park

About This Home

As of December 2020

Live among the towering redwoods just 2 blocks from Downtown Mountain View with wide array of shops and restaurants as well as CalTrain, Light Rail and the weekly Farmers Market. Cypress Point Lakes provides a parklike setting with lakes, streams and open spaces. Amenities include tennis courts, two pools, spa, sauna and recreation room. This well maintained ground floor unit opens up to a serene and tranquil setting and features upgraded carpet, tile in the entry and kitchen, crown mouldings, an updated bath and wall to wall closets in the bedroom. Plantation shutters provide a nice finishing touch. Easy access to local freeways and major employers.

Last Agent to Sell the Property

Howard Bloom

Intero Real Estate Services License #00893793 Listed on: 10/23/2020

Intero Real Estate Services

Last Buyer's Agent

Terri Balandra

Compass License #00993006

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,406

Year Built

  • 1971

Lot Details

  • 1,999

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Garden Views

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 20 Parking Spaces
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Location

  • Unit is on the top floor

Utilities

  • Baseboard Heating
  • Separate Meters
  • 220 Volts

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, hot water, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer, water / sewer
  • 302 Units
  • Cypress Point Lakes Association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,406

Year Built

1971

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Pets - Restrictions
  • Age: 49
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Community Facility
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full On Ground Floor, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility, Pool - In Ground, Spa - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 20
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 451
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Assoc. Membership Pre-Approval Reqd, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Sewer, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2000.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Other Unit Above, Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 1, 2020
Sold by
Ryan Margery and The Margery Ryan Revocable Tru
Bought by
Hurat Philippe and Hurat Sylvie
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Terri Balandra
Compass
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Current Estimated Value
$639,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,751
Avg. Annual Appreciation
1.36%
Original Mortgage
$400,000
Outstanding Balance
$356,754
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$282,997

Purchase Details

Closed on
Oct 6, 2017
Sold by
Ryan Margery C
Bought by
Ryan Margery and Margery Ryan Revocable Trust

Purchase Details

Closed on
May 5, 2016
Sold by
Ryan Margery C and Ryan Joan Marie
Bought by
Ryan Margery G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2015
Sold by
Ryan Margery C
Bought by
Ryan Margery C and Ryan Joan Marie

Purchase Details

Closed on
Oct 22, 2003
Sold by
Veith Amanda J
Bought by
Ryan Margery C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1999
Sold by
Harrington Timothy E
Bought by
Veith Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.75%
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
Hurat Philippe $600,000 Chicago Title Company
Ryan Margery -- None Available
Ryan Margery G $213,000 Stewart Title Of Ca Inc
Mussone Patricia Ryan -- Stewart Title Of Ca Inc
Ryan Joan Marie -- Stewart Title Of Ca Inc
Ryan Margery C $126,500 None Available
Ryan Margery C $247,000 Old Republic Title Company
Veith Amanda J -- Old Republic Title Company
Veith Amanda J $160,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurat Philippe $400,000
Previous Owner Ryan Joan Marie $213,000
Previous Owner Ryan Margery C $197,600
Previous Owner Veith Amanda J $144,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $600,000 -2.4% $906 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $615,000 -- $929 / Sq Ft
Source: MLSListings

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 $7,406 $580,000 $290,000 $290,000
2024 $7,406 $615,000 $307,500 $307,500
2023 $7,153 $590,000 $295,000 $295,000
2022 $7,542 $612,000 $306,000 $306,000
2021 $7,363 $600,000 $300,000 $300,000
2020 $3,910 $321,096 $160,548 $160,548
2019 $3,736 $314,800 $157,400 $157,400
2018 $3,710 $308,628 $154,314 $154,314
2017 $3,621 $302,578 $151,289 $151,289
2016 $3,532 $296,646 $148,323 $148,323
2015 $3,362 $292,192 $146,096 $146,096
2014 $3,321 $286,470 $143,235 $143,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81817193

MLSListings

APN: 158-46-010