NOT LISTED FOR SALE

505 Cypress Point Dr Unit 170 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $687,000 - $828,000

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

Last Sold August 16, 2021

Last sale price $710,000 $842 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,280/month

48 Days on Market

Highlights

  • Unit is on the top floor
  • Private Pool
  • Clubhouse
  • Edith Landels Elementary School Rated A
  • River View
  • 4-minute walk to Jackson Park

About This Home

As of August 2021

Best location at Cypress Point Lakes complex. Updated ground floor end unit with 3 extra windows. Unit overlooks babbling brook, towering redwoods, greenbelt, pool and spa. Unit features updated kitchen and bath, newly installed recessed lighting, partial hardwood floors, dual paned windows and plantation shutters. Cypress Point Lakes is located just 1 block from CalTrain, Lightrail and Downtown Mountain View with it's many shops and restaurants. Complex amenities include 2 pools, spa and tennis courts set amongst relaxing lakes and streams. Close to Stevens Creek Trail with easy access to freeways and major Silicon Valley employers. Best value in Mountain View!

Last Agent to Sell the Property

Howard Bloom

Intero Real Estate Services License #00893793 Listed on: 05/26/2021

Intero Real Estate Services

Last Buyer's Agent

Gloria Chun

RE/MAX Accord License #02084703

RE/MAX Accord

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,069

Year Built

  • 1971

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $496 Monthly HOA Fees

Property Views

  • River
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Low Flow Shower

Parking

  • 50 Parking Spaces
  • 1 Carport Space
  • Lighted Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Baseboard Heating
  • Separate Meters
  • 220 Volts
  • Sewer Connection Less Than 500 Feet Away

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Unit is on the top floor

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • 302 Units
  • Cypress Point Lakes Association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,069

Year Built

1971

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Pets - Rules
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 12
  • Min Numberof Unitsin Complex: 302
  • 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: 220 Volt Outlet, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 843
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Community Facility
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Garden / Greenbelt, River / Stream
  • Yard/Grounds: Balcony / Patio
  • Property Faces: North
  • Pool: Community Facility, Pool - Fenced, Spa - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 50
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, Lighted Parking Area
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer Connections - Less Than 500 Feet Away

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 496
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub, 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, Common Area Gas, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2000.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Lighting, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit, Other Unit Above, Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 15, 2021
Sold by
Stephan Margaret K
Bought by
Milligan Joshua and Tong Alison
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Gloria Chun
RE/MAX Accord
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Current Estimated Value
$756,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,660
Avg. Annual Appreciation
1.55%
Original Mortgage
$532,500
Outstanding Balance
$483,161
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,499
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
Milligan Joshua $710,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milligan Joshua $532,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $710,000 -0.7% $842 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $715,000 -4.7% $848 / Sq Ft
05/26/2021 05/26/21 For Sale $750,000 -- $890 / 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 $9,069 $753,456 $376,728 $376,728
2024 $9,069 $738,684 $369,342 $369,342
2023 $7,584 $610,000 $305,000 $305,000
2022 $8,927 $710,000 $355,000 $355,000
2021 $2,544 $194,133 $76,540 $117,593
2020 $2,529 $192,144 $75,756 $116,388
2019 $2,426 $188,377 $74,271 $114,106
2018 $2,415 $184,684 $72,815 $111,869
2017 $2,314 $181,064 $71,388 $109,676
2016 $2,192 $177,515 $69,989 $107,526
2015 $2,138 $174,849 $68,938 $105,911
2014 $2,115 $171,425 $67,588 $103,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81845927

MLSListings

APN: 158-46-170