NOT LISTED FOR SALE

505 Cypress Point Dr Unit 131 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $565,000 - $664,000

1 Bed
1 Bath
662 Sq Ft
$549/mo HOA Fee

Last Sold November 22, 2023

Last sale price $621,000 $938 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,441/month

4 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Garden View
  • Edith Landels Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Jackson Park

About This Home

As of November 2023

Nestled amongst majestic Redwood trees and mature greenery, this one-bedroom condo in the desirable Cypress Point Lakes development is just two blocks away from the fantastic amenities of downtown Mountain View. Freshly updated with wide-plank flooring throughout the living spaces and plush carpet in the bedroom, this home occupies a quiet location within the community overlooking the meandering man-made streams and well-maintained grounds. A spacious balcony off of the living room is the perfect spot for your morning coffee and al-fresco dining. Abundant community amenities include 2 pools, a hot tub, two tennis courts, bike storage, a picnic area and clubhouse with exercise room, and the Stevens Creek Trail is just down the block. Caltrain Station less than 1/2 a mile away with easy access to highway 101 and proximate to Google Plex and Microsoft Campus, this home is a must-see!

Last Agent to Sell the Property

The reSolve Group

Compass License #70010012 Listed on: 10/26/2023

Compass

Last Buyer's Agent

Omar M. Kinaan

Golden Gate Sotheby's International Realty License #01723115

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,668

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $549 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-131

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, insurance, landscaping / gardening, maintenance - exterior, management fee, pool spa or tennis, reserves
  • Cypress Point Lakes Association, Inc. Association
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,668

Year Built

Built in 1971

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Subclass: Condominium
  • Age: 52
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 662
  • Complex Name: Cypress Point Lakes
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1, Tile

Exterior Features

  • Pool Description: Community Facility, Pool - In Ground, Spa - In Ground, Spa / Hot Tub
  • View: Garden / Greenbelt
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 549
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Insurance, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Cypress Point Lakes Association, Inc.
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Theuerkauf Elementary
  • Middle School: Crittenden Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 1085
  • Middle School: 1083

Lot Info

  • Parcel Number: 158-46-131

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Theuerkauf Elementary
  • High School Text: Mountain View High
  • Middle School Text: Crittenden Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 9, 2023
Sold by
Eliana Maria Vasquez Revocable Trust and Vasquez Eliana Maria
Bought by
Shan Patrick Cong
Seller's Agent
The reSolve Group
Compass
Buyer's Agent
Omar M. Kinaan
Golden Gate Sotheby's International Realty
List Price
$599,000
Sold Price
$621,000
Premium/Discount to List
$22,000
3.67%
Views
23
Current Estimated Value
$613,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,428
Avg. Annual Appreciation
-0.64%
Original Mortgage
$496,800
Outstanding Balance
$488,249
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$125,323

Purchase Details

Closed on
Oct 26, 2012
Sold by
Vasquez Eliana Maria
Bought by
Vasquez Eliana Maria and Eliana Maria Vasquez Revocable

Purchase Details

Closed on
Sep 23, 1994
Sold by
Mcmanus Joanne
Bought by
Vasquez Eliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.61%

Purchase Details

Closed on
Sep 20, 1994
Sold by
Colyear Bayard Henry
Bought by
Vasquez Eliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.61%
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
Shan Patrick Cong $621,000 Old Republic Title
Vasquez Eliana Maria -- None Available
Vasquez Eliana $100,000 First American Title Guarant
Vasquez Eliana -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shan Patrick Cong $496,800
Previous Owner Vasquez Eliana $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $621,000 +3.7% $938 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $599,000 -- $905 / 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 $7,668 $633,420 $316,710 $316,710
2024 $7,668 $621,000 $310,500 $310,500
2023 $2,211 $161,414 $68,859 $92,555
2022 $2,204 $158,250 $67,509 $90,741
2021 $2,156 $155,148 $66,186 $88,962
2020 $2,144 $153,558 $65,508 $88,050
2019 $2,060 $150,548 $64,224 $86,324
2018 $2,055 $147,597 $62,965 $84,632
2017 $1,972 $144,704 $61,731 $82,973
2016 $1,858 $141,868 $60,521 $81,347
2015 $1,815 $139,738 $59,612 $80,126
2014 $1,796 $137,002 $58,445 $78,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81946212

MLSListings

APN: 158-46-131