NOT LISTED FOR SALE

505 Cypress Point Dr Unit 118 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $569,992 - $948,000

1 Bed
1 Bath
645 Sq Ft
2,004 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $575,000 $891 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,250/month

7 Days on Market

Highlights

  • Pool and Spa
  • Wood Flooring
  • Granite Countertops
  • Edith Landels Elementary School Rated A
  • Sauna
  • 4-minute walk to Jackson Park

About This Home

As of May 2016

Wonderfully updated first floor end unit condo! Nestled in the desirable Cypress Point Lake community, surrounded by tranquility and a delightful garden setting with lakes/trails and redwood trees*Remodeled kitchen w/granite counters, maple cabinets & tile floors*Updated bathroom w/granite counters & tile floors*Spacious living room with hardwood floors*Fresh paint*Mirrored closet doors*Inviting patio overlooking green belt*Close to downtown MV,. Cal Train, Light Rails, restaurants and major tech companies such as Google/LinkedIn* Easy access to 101, 85, 237 and Central Expressway* This won't last long!*Complex with many amenities!

Last Agent to Sell the Property

Afsie Mina

Keller Williams Thrive License #01241668 Listed on: 04/20/2016

Last Buyer's Agent

Angela Langone

Redfin License #01743542

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,359

Year Built

  • Built in 1971

Lot Details

  • 2,004

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 645 Sq Ft Home
  • 1-Story Property
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Carport Space
  • No Garage

Pool

  • Pool and Spa

Utilities

  • Heating Available
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 158-46-118

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, hot water, insurance, landscaping / gardening, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water, water / sewer
  • 302 Units
  • Cypress Point Lakes Association
  • Built by Cypress Point Lake
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Sauna
  • Coin Laundry

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,359

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 45
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 645
  • Complex Name: Cypress Point Lake
  • Year Built: 1971
  • Zoning Description: R32
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 645
  • Stories: 1
  • Laundry: Coin Operated
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower and Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool / Spa Combo
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, No Garage
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 369
  • HOA Amenities: BBQ Area, Community Pool, Garden / Greenbelt / Trails, Recreation Room, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Hot Water, Insurance, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water, Water / Sewer
  • H O A Name Text: Cypress Point Lakes
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-118
  • Lot Acres: 0.0460
  • 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: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 20, 2016
Sold by
Ruescher Carol J and Ruescher Reinhard K
Bought by
Jeon Seungjune and Park Sung Won
Seller's Agent
Afsie Mina
Keller Williams Thrive
Buyer's Agent
Angela Langone
Redfin
List Price
$524,000
Sold Price
$575,000
Premium/Discount to List
$51,000
9.73%
Current Estimated Value
$683,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,248
Avg. Annual Appreciation
1.86%
Original Mortgage
$415,000
Outstanding Balance
$329,505
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$353,743

Purchase Details

Listed on
Sep 5, 2012
Closed on
Sep 20, 2012
Sold by
Willoughby Katharine A and Willoughby Donald F
Bought by
Ruescher Carol J and Ruescher Reinhard K
Seller's Agent
Sia Motazedi
Coldwell Banker Realty
Buyer's Agent
Afsie Mina
Coldwell Banker Realty
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Original Mortgage
$260,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2008
Sold by
Willoughby Alexandra
Bought by
Willoughby Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2007
Sold by
Blasi Jason B
Bought by
Robson Homes Llc

Purchase Details

Closed on
Jan 17, 2002
Sold by
Read Charles R
Bought by
Blasi Jason B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
7.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 28, 1999
Sold by
Chakmakian Karen
Bought by
Read Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.62%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Moore Christopher Wyatt
Bought by
Chakmakian Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.62%
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
Jeon Seungjune $575,000 Old Republic Title Company
Ruescher Carol J $325,000 Cornerstone Title Company
Willoughby Donald F -- North American Title Company
Willoughby Katharine A $329,000 North American Title Company
Robson Homes Llc $329,000 North American Title Company
Blasi Jason B $202,000 Financial Title Company
Read Charles L $157,000 First American Title Guarant
Chakmakian Karen -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeon Seungjune $415,000
Previous Owner Ruescher Carol J $260,000
Previous Owner Willoughby Katharine A $296,100
Previous Owner Blasi Jason B $125,500
Previous Owner Read Charles L $149,150
Closed Blasi Jason B $6,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Sold $575,000 +9.7% $891 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $524,000 +61.2% $812 / Sq Ft
10/02/2012 10/02/12 Sold $325,000 +1.9% $504 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $319,000 -- $495 / 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 $7,359 $580,000 $290,000 $290,000
2024 $7,359 $595,000 $297,500 $297,500
2023 $7,344 $590,000 $295,000 $295,000
2022 $8,091 $641,420 $320,710 $320,710
2021 $7,904 $628,844 $314,422 $314,422
2020 $7,573 $599,000 $299,500 $299,500
2019 $7,517 $610,194 $305,097 $305,097
2018 $7,455 $598,230 $299,115 $299,115
2017 $7,122 $586,500 $293,250 $293,250
2016 $4,060 $338,074 $169,037 $169,037
2015 $3,959 $332,996 $166,498 $166,498
2014 $3,912 $326,474 $163,237 $163,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81581345

MLSListings

APN: 158-46-118