NOT LISTED FOR SALE

505 Cypress Point Dr Unit 140 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $664,000 - $754,000

2 Beds
1 Bath
843 Sq Ft
2,004 Sq Ft Lot

Last Sold February 04, 2014

Last sale price $520,000 $617 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,365/month

7 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Community Pool
  • Edith Landels Elementary School Rated A
  • Sauna
  • 4-minute walk to Jackson Park

About This Home

As of February 2014

Welcome to a perfectly located unit at Cypress Point Lakes. This single-level, 2 bd, 1 ba condo boasts 843 +/- sf of living space. Escape to the outdoors on the private balcony with a fantastic view of the lake. Gorgeous kitchen with high-end appliances and a breakfast nook. Light-filled family room. Convenient to downtown, fine dining, local commute arteries & excellent Mountain View Schools.

Last Agent to Sell the Property

Jim & Jimmy Nappo

Compass License #70000193 Listed on: 01/22/2014

Last Buyer's Agent

Rebecca Gorman

Intero Real Estate Services License #01750747

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1971

Lot Details

  • 2,004

Home Design

  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Dining Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-140

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, common area gas, exterior painting, unit coverage insurance
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,715

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 43
  • Sale Price Per Sq Ft: 616.84
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 843
  • Complex Name: Cypress Point Lakes
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 4
  • Map Top Coordinate: J
  • Thomas Bros Page: 811
  • Thomas Brothers: J4
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Nook
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 843
  • Stories: 1
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Roof: Composition
  • View: Lake

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Electric

Condo/Co-op/Association

  • HOA Fees: 380
  • HOA Amenities: Club House, Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Unit Coverage Insurance
  • H O A Name Text: Cypress Point Lakes
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Crittenden Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 1083

Lot Info

  • Parcel Number: 158-46-140
  • List Price per Sq Ft: 531.44
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2000.00
  • Lot Size Area Min Search: 2000.00
  • Maximum Lot Size: 2000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Jan 30, 2014
Sold by
Steinberg Patricia L and The Patricia L Steinberg Revoc
Bought by
The Lin Family Trust
Seller's Agent
Jim & Jimmy Nappo
Compass
Buyer's Agent
Rebecca Gorman
Intero Real Estate Services
List Price
$448,000
Sold Price
$520,000
Premium/Discount to List
$72,000
16.07%
Current Estimated Value
$699,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,199
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Mar 1, 2006
Sold by
Steinberg Patricia Louise
Bought by
Steinberg Patricia L and Patricia L Steinberg Revocable

Purchase Details

Closed on
Mar 4, 2004
Sold by
Hu Lora M C
Bought by
Steinberg Patricia Louise

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
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Hu David L
Bought by
Hu Lora M C

Purchase Details

Closed on
Jun 21, 2000
Sold by
Hu David L
Bought by
Hu David L and Hu Lora M C

Purchase Details

Closed on
Sep 3, 1997
Sold by
Winn Linda C
Bought by
Hu David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6%
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
The Lin Family Trust $520,000 Old Republic Title Company
Steinberg Patricia L -- None Available
Steinberg Patricia Louise $365,000 Chicago Title
Hu Lora M C -- --
Hu David L $90,000 --
Hu David L $160,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinberg Patricia Louise $292,000
Previous Owner Hu David L $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2014 02/04/14 Sold $520,000 +16.1% $617 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $448,000 -- $531 / 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 $7,715 $637,436 $318,718 $318,718
2024 $7,715 $624,938 $312,469 $312,469
2023 $7,616 $612,686 $306,343 $306,343
2022 $7,595 $600,674 $300,337 $300,337
2021 $7,419 $588,898 $294,449 $294,449
2020 $7,376 $582,860 $291,430 $291,430
2019 $7,057 $571,432 $285,716 $285,716
2018 $7,000 $560,228 $280,114 $280,114
2017 $6,688 $549,244 $274,622 $274,622
2016 $6,473 $538,476 $269,238 $269,238
2015 $6,311 $530,388 $265,194 $265,194
2014 $1,309 $101,916 $49,920 $51,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81401992

MLSListings

APN: 158-46-140