NOT LISTED FOR SALE

505 Cypress Point Dr Unit 11 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $566,000 - $620,000

1 Bed
1 Bath
668 Sq Ft
$550/mo HOA Fee

Last Sold July 10, 2024

Last sale price $615,000 $921 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,330/month

25 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 July 2024

Whether seeking a vibrant urban lifestyle or peaceful natural retreat you'll find this gorgeous, renovated condo will exceed your every expectation. The best interior, upper-level location in Cypress Point Lakes with bucolic views, overlooking lush green space and the glistening pool. Designed with functionality and aesthetics, bringing the outside in, loaded with improvements and features: Granite counters and wood and glass cabinetry, stainless appliances, bamboo and tile flooring, tile bath surround, recessed lighting, chic modular wardrobe organizer, insulated ceiling, dual pane windows, private balcony with storage closet and designated parking. Unparalleled community amenities include a sprawling 14 acres of majestic nature, 2 pools, spa, tennis court, fitness center, lakes, streams, on-site laundry, clubhouse and bike locker. A short jaunt to Downtown Mountain View, fine dining, coffee houses, the expansive Stevens Creek bike/pedestrian Trail and uber-convenient to major commute corridors.

Last Agent to Sell the Property

Claudia Montalban

Compass License #01016193 Listed on: 05/17/2024

Compass

Last Buyer's Agent

Qian Zhang

Keller Williams Thrive License #02199017

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,459

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Garden
  • Neighborhood

Home Design

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

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Room
  • Storage Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • On-Street Parking

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Barbecue Area

Location

  • Unit is on the top floor

Utilities

  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 158-46-011

Community Details

Overview

  • Association fees include exterior painting, garbage, insurance - common area, insurance - homeowners, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water, water / sewer
  • Cypress Pt Lakes Association
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,459

Year Built

Built in 1971

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Age: 53
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 668
  • Complex Name: Cypress Point Lakes
  • Incorporated: Yes
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal
  • Living Sq Ft: 668
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio, BBQ Area, Tennis Court, Deck
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, On Street, Common Parking Area
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Amenities: BBQ Area, 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, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Insurance - Homeowners, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Water, Water / Sewer
  • H O A Name Text: Cypress Pt Lakes
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-011

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 1, 2024
Sold by
Montalban Thomas
Bought by
Chuck Alexis L
Seller's Agent
Claudia Montalban
Compass
Buyer's Agent
Qian Zhang
Keller Williams Thrive
List Price
$615,000
Sold Price
$615,000
Views
25
Current Estimated Value
$595,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,348
Avg. Annual Appreciation
-2.57%
Original Mortgage
$315,000
Outstanding Balance
$311,266
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$284,386

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 12, 2021
Sold by
Chavez Eduardo and Chavez Takako
Bought by
Montalban Thomas
Seller's Agent
Boyenga Team
Compass
Buyer's Agent
Claudia Montalban
Compass
List Price
$620,000
Sold Price
$580,000
Premium/Discount to List
-$40,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$406,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2014
Sold by
Dahlgren Peter W
Bought by
Chavez Eduardo and Chavez Takako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Lee Chia Kang and Tzo Sheau Chuan
Bought by
Dahlgren Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2006
Sold by
Hatcher R Lee
Bought by
Lee Chia Kang and Tzo Sheau Chuan

Purchase Details

Closed on
Jul 7, 2005
Sold by
Fox Jason S and Fox Roberta S
Bought by
Hatcher R Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2004
Sold by
Louie Christine M and Louie Leong Paula
Bought by
Fox Jason S and Fox Roberta S
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
Chuck Alexis L $615,000 Old Republic Title
Montalban Thomas $580,000 Chicago Title Company
Chavez Eduardo $425,000 Old Republic Title Company
Dahlgren Peter W -- Old Republic Title Company
Dahlgren Peter W $350,000 Fidelity National Title Co
Lee Chia Kang $310,797 None Available
Hatcher R Lee -- Old Republic Title Company
Fox Jason S $280,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuck Alexis L $315,000
Previous Owner Montalban Thomas $406,000
Previous Owner Chavez Eduardo $315,000
Previous Owner Dahlgren Peter W $272,000
Previous Owner Hatcher R Lee $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $615,000 0.0% $921 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $615,000 +6.0% $921 / Sq Ft
08/18/2021 08/18/21 Sold $580,000 -2.5% $868 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $595,000 -4.0% $891 / Sq Ft
05/27/2021 05/27/21 For Sale $620,000 -- $928 / 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 $7,459 $615,000 $307,500 $307,500
2024 $7,459 $603,432 $301,716 $301,716
2023 $7,364 $591,600 $295,800 $295,800
2022 $7,343 $580,000 $290,000 $290,000
2021 $6,029 $481,310 $240,655 $240,655
2020 $5,993 $476,376 $238,188 $238,188
2019 $5,734 $467,036 $233,518 $233,518
2018 $5,689 $457,880 $228,940 $228,940
2017 $5,437 $448,902 $224,451 $224,451
2016 $5,248 $440,100 $220,050 $220,050
2015 $5,115 $433,490 $216,745 $216,745
2014 $4,731 $390,174 $195,087 $195,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81966129

MLSListings

APN: 158-46-011