$725,000
SOLD OCT 7, 2024

505 Cypress Point Dr Unit 18 Mountain View, CA 94043

Rex Manor Neighborhood
2 Beds
1 Bath
843 Sq Ft
$592/mo HOA Fee

Recently Sold

$860 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Pool and Spa
  • Clubhouse
  • Tennis Courts
  • Edith Landels Elementary School Rated A
  • Sauna
  • 4-minute walk to Jackson Park

About This Home

As of October 2024

Welcome to Cypress Point Lakes! This beautifully updated, ground-level 2-bedroom, 1-bath condo offers the perfect blend of modern upgrades and serene living in a highly sought-after community. Enjoy easy access to major freeways, Caltrain, and downtown Mountain View, making your commute to tech hubs like Google and Facebook a breeze. Inside, youll find an array of upgrades, including new flooring throughout and sleek quartz countertops in the kitchen. The open layout is perfect for both relaxing and entertaining, with a patio that overlooks the lush greenbelt and pool area, providing a peaceful retreat right at your doorstep. The Cypress Point Lakes community offers a scenic, tranquil setting surrounded by towering redwoods, meandering streams, and sparkling lakes. Amenities include two swimming pools, a spa, sauna, tennis courts, and a clubhouse. Enjoy picnics on the lawn or stroll to vibrant Castro Street for dining, shopping, and entertainment. Move-in ready with stainless steel appliances, custom cabinetry, and modern finishes. Property located in High Cost Area, eligible for Special Purchase Program for First Time Homebuyers.

Last Agent to Sell the Property

Jennifer Yiu

Redfin License #02096586 Listed on: 09/12/2024

Redfin

Last Buyer's Agent

Jason Filipowicz

Tuscana Properties License #02098041

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,906

Year Built

  • Built in 1971

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Pool and Spa

Utilities

  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 158-46-018

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, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer, water / sewer
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,906

Year Built

Built in 1971

Lot Details

0

HOA Fees

$592 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 843
  • Complex Name: Cypress Point Lakes
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 843
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool / Spa Combo
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 592
  • HOA Amenities: Club House, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • 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, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Sewer, 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: 158-46-018

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Sep 24, 2024
Sold by
Summerhays Daniel Edward and Summerhays Yuling Liu
Bought by
Rankus Victoria Marie and Santos Tanner Edward
Seller's Agent
Jennifer Yiu
Redfin
Buyer's Agent
Jason Filipowicz
Tuscana Properties
List Price
$720,000
Sold Price
$725,000
Premium/Discount to List
$5,000
0.69%
Views
8
Current Estimated Value
$716,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,546
Avg. Annual Appreciation
-1.20%
Original Mortgage
$652,500
Outstanding Balance
$645,782
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$70,672

Purchase Details

Closed on
Sep 19, 2020
Sold by
Summerhays Daniel Edward
Bought by
Summerhays Daniel Edward and Summerhays Yuling Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Barron Robert S
Bought by
Summerhays Daniel Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Sonet Brian C
Bought by
Barron Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Sonet Brian
Bought by
Sonet Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2001
Sold by
Morin Gregg and Morin Susan
Bought by
Sonet Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.15%

Purchase Details

Closed on
May 20, 1999
Sold by
Marie Kasali Gyimah and Marie Cindy
Bought by
Morin Gregg and Morin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
7%
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 Type Sale Price Title Company
Grant Deed $725,000 First American Title
Gift Deed -- Wfg National Title
Interfamily Deed Transfer -- Wfg National Title
Grant Deed $766,000 Chicago Title Company
Individual Deed $495,000 North American Title Company
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $299,000 Old Republic Title Company
Grant Deed $212,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $652,500 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $612,800 New Conventional
Previous Owner $396,000 Purchase Money Mortgage
Previous Owner $276,000 New Conventional
Previous Owner $239,200 No Value Available
Previous Owner $150,800 No Value Available
Closed $40,000 No Value Available
Closed $44,850 No Value Available
Closed $39,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $725,000 +0.7% $860 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $720,000 -- $854 / 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 $8,906 $725,000 $362,500 $362,500
2024 $8,906 $725,000 $362,500 $362,500
2023 $10,279 $835,000 $417,500 $417,500
2022 $9,848 $792,600 $396,300 $396,300
2021 $9,587 $767,600 $383,800 $383,800
2020 $9,377 $754,000 $377,000 $377,000
2019 $9,840 $812,884 $406,442 $406,442
2018 $9,753 $796,946 $398,473 $398,473
2017 $9,312 $781,320 $390,660 $390,660
2016 $6,906 $582,554 $291,188 $291,366
2015 $6,445 $549,000 $274,400 $274,600
2014 $6,132 $518,000 $258,900 $259,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81980108

MLSListings

APN: 158-46-018