$700,000
SOLD AUG 6, 2021

505 Cypress Point Dr Unit 132 Mountain View, CA 94043

Rex Manor Neighborhood
2 Beds
1 Bath
843 Sq Ft
$496/mo HOA Fee

Recently Sold

$830 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Edith Landels Elementary School Rated A
  • Lake View
  • 4-minute walk to Jackson Park

About This Home

As of August 2021

Beautifully updated top floor condo in desirable Cypress Point Lakes complex with view of the lake. Formal entry to a large inviting living room with laminate wood floors and sliding doors to a sunny balcony that overlooks the lush and tranquil park-like common area. Updated kitchen with granite counters, wood cabinets and stainless appliances. Separate dining area with view of the lake and generous size bedrooms with plush carpeting and ample closet space. Upgraded attic insulation with front and rear dual-hose air conditioners. Dedicated level 2, 32 amp EV charger in carport with ChargeGuard access key. Prime location in the middle of a well maintained resort-like complex with swimming pools, tennis courts, clubhouse and lakes. Convenient to downtown Mountain View, Stevens Creek Trail, grocery, Caltrain and VTA rail.

Last Agent to Sell the Property

Royce Cablayan

Christie's International Real Estate Sereno License #01062078 Listed on: 06/16/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Qiuxian Daphne Mo

Landmark Real Estate & Financial License #01893755

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,945

Year Built

  • 1971

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Lake Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, garbage, hot water, insurance - earthquake, insurance - liability, maintenance - common area, pool spa or tennis, reserves, roof, unit coverage insurance, water / sewer
  • Cypress Point Lakes Association
  • Greenbelt

Amenities

  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,945

Year Built

1971

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 843
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 843
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • View: Lake
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 496
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Recreation Room, 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: Common Area Electricity, Decks, Exterior Painting, Garbage, Hot Water, Insurance - Earthquake, Insurance - Liability, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Roof, Unit Coverage Insurance, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes

Schools

  • School District: Mountain View-Los Altos Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Marks Paul
Bought by
Gu Yucai and Gao Feiyan
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Qiuxian Daphne Mo
Landmark Real Estate & Financial
List Price
$738,000
Sold Price
$700,000
Premium/Discount to List
-$38,000
-5.15%
Current Estimated Value
$753,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,285
Avg. Annual Appreciation
1.86%
Original Mortgage
$525,000
Outstanding Balance
$482,147
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$271,340

Purchase Details

Listed on
Jan 18, 2012
Closed on
May 31, 2012
Sold by
Buttler Michael and Buttler Nicoline
Bought by
Marks Paul
Seller's Agent
Royce Cablayan
Coldwell Banker Realty
Buyer's Agent
Dana Raines
Keller Williams Thrive
List Price
$369,000
Sold Price
$358,000
Premium/Discount to List
-$11,000
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$286,400
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Buttler Michael and Buttler Nicoline
Bought by
Buttler Michael and Buttler Nicoline
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $700,000 Chicago Title Company
Grant Deed $358,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $286,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $700,000 -5.1% $830 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $738,000 +106.1% $875 / Sq Ft
06/15/2012 06/15/12 Sold $358,000 -3.0% $425 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $369,000 -- $438 / 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
2024 $8,945 $728,280 $364,140 $364,140
2023 $7,584 $610,000 $305,000 $305,000
2022 $8,805 $700,000 $350,000 $350,000
2021 $5,226 $415,126 $207,476 $207,650
2020 $5,195 $410,870 $205,349 $205,521
2019 $4,972 $402,815 $201,323 $201,492
2018 $4,935 $394,918 $197,376 $197,542
2017 $4,717 $387,175 $193,506 $193,669
2016 $4,543 $379,584 $189,712 $189,872
2015 $4,429 $373,883 $186,863 $187,020
2014 $4,377 $366,560 $183,203 $183,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849217

MLSListings

APN: 158-46-132