NOT LISTED FOR SALE

505 Cypress Point Dr Unit 158 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $570,000 - $646,000

1 Bed
1 Bath
662 Sq Ft
$526/mo HOA Fee

Last Sold November 10, 2022

Last sale price $575,000 $869 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,345/month

26 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Bathtub with Shower
  • Edith Landels Elementary School Rated A
  • Balcony
  • 4-minute walk to Jackson Park

About This Home

As of November 2022

Don't miss this fabulous opportunity! Updated first floor condo in desirable Cypress Point Lakes. Amazing location overlooking the lake! Updated kitchen with shaker style cabinets w/ soft close drawers, quartz countertops & recessed lighting. Spacious living room and separate dining area. Large glass slider opens to the patio. Patio with storage closet. Recessed lighting throughout. Generous sized bedroom with wall of closets with mirrored doors. Convenient location, only two blocks to downtown Mountain View. Close to shopping, restaurants, Cal Train and Light Rail. Complex features many amenities, 2 pools, spa, tennis courts and club house. Lush landscaping with lakes, streams and greenbelt walkways throughout the complex.

Last Agent to Sell the Property

Colleen Rose

Christie's International Real Estate Sereno License #01221104 Listed on: 10/06/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Shahida Mehjabeen

KW Bay Area Estates License #01849396

KW Bay Area Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,258

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $526 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Carport
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-158

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,258

Year Built

Built in 1971

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 51
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • 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: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Amenities: Common Utility Room, Community Pool, Garden / Greenbelt / Trails, 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, Exterior Painting, Garbage, Hot Water, Insurance - Earthquake, Insurance - Liability, Maintenance - Common Area, Pool, Spa, or Tennis, Reserves, Roof, Unit Coverage Insurance, 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: 158-46-158

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
Oct 6, 2022
Closed on
Nov 4, 2022
Sold by
Roales Paul Michael and Roales Anastasia
Bought by
Tabassum Family Trust
Seller's Agent
Colleen Rose
Christie's International Real Estate Sereno
Buyer's Agent
Shahida Mehjabeen
KW Bay Area Estates
List Price
$588,000
Sold Price
$575,000
Premium/Discount to List
-$13,000
-2.21%
Views
12
Current Estimated Value
$603,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,811
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Mar 18, 2019
Sold by
Hale Gerrit C
Bought by
Roales Paul and Kaiser Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2016
Sold by
Bishop Alie
Bought by
Hale Gerrit C and The Alie Bishop Trust

Purchase Details

Closed on
Apr 29, 2015
Sold by
Freedman Christine M L
Bought by
Bishop Alie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tabassum Family Trust $575,000 Chicago Title
Roales Paul $675,000 First American Title Company
Hale Gerrit C -- None Available
Bishop Alie $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roales Paul $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $575,000 -2.2% $869 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $588,000 -- $888 / 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 $7,258 $598,230 $299,115 $299,115
2024 $7,258 $586,500 $293,250 $293,250
2023 $7,165 $575,000 $287,500 $287,500
2022 $7,863 $629,700 $314,800 $314,900
2021 $7,588 $609,800 $304,900 $304,900
2020 $7,488 $599,000 $299,500 $299,500
2019 $4,501 $356,136 $175,220 $180,916
2018 $4,470 $349,154 $171,785 $177,369
2017 $4,275 $342,309 $168,417 $173,892
2016 $4,112 $335,598 $165,115 $170,483
2015 $1,370 $101,120 $45,270 $55,850
2014 -- $99,140 $44,384 $54,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81909609

MLSListings

APN: 158-46-158