NOT LISTED FOR SALE

505 Cypress Point Dr Unit 188 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $827,000 - $1,042,000

2 Beds
2 Baths
1,105 Sq Ft
$516/mo HOA Fee

Last Sold October 16, 2020

Last sale price $795,000 $719 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,239/month

63 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Edith Landels Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Jackson Park

About This Home

As of October 2020

Rarely available top floor condo w/vaulted ceiling & tree top/ lake view in desirable Cypress Point Condo complex. Formal tile entry with mirrored hall closet. Open and inviting living room with vaulted ceiling, fireplace, laminate wood floors & sliding doors to a private balcony with view of the mature redwoods. Separate dining area with vaulted ceiling and designer chandelier. Updated kitchen with wood cabinets, tile floors, quartz countertop and ample cabinet / pantry space. Generous size master suite with walk-in closet, new carpeting, sprawling vanity with custom mirror and tiled stall shower. Junior bedroom with wall of closet plus new plush carpeting. Guest bathroom with shower over tub with tiled walls and quartz vanity top. Wonderful natural lighting throughout. Well maintained complex complete with tennis courts, swimming pools, grass volleyball field, club house, interior lakes and convenient to downtown Mountain View and freeway / expressway access. An overall great home.

Last Agent to Sell the Property

Royce Cablayan

Christie's International Real Estate Sereno License #01062078 Listed on: 07/15/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Juliana Lee

JLEE Realty License #00851314

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,318

Year Built

  • 1971

Lot Details

  • 2,004

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Baseboard Heating

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,318

Year Built

1971

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 49
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 1105
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1105
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Community Facility
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers Over Tubs - 2+, Updated Bath

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Guest / Visitor Parking, Unassigned Spaces
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 516
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, 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: Decks, Exterior Painting, Garbage, 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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Theuerkauf Elementary
  • Middle School: Crittenden Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 1085
  • Middle School: 1083

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 11, 2020
Sold by
Cheng Betty
Bought by
Morris Kimberly
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Current Estimated Value
$913,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,626
Avg. Annual Appreciation
2.84%
Original Mortgage
$636,000
Outstanding Balance
$565,688
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$347,938

Purchase Details

Closed on
May 2, 2005
Sold by
Primacy Closing Corp
Bought by
Cheng Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
4.99%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 2005
Sold by
Weber Jennifer B
Bought by
Primacy Closing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
4.99%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 7, 2001
Sold by
Weber James J and Weber Pat M
Bought by
Weber Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morris Kimberly $795,000 Chicago Title Company
Cheng Betty $496,000 Stewart Title Guaranty Co
Primacy Closing Corp $496,000 Stewart Title Guaranty Co
Weber Jennifer B -- --
Weber Jennifer B $320,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Kimberly $636,000
Previous Owner Cheng Betty $396,800
Previous Owner Weber Jennifer B $256,000
Closed Weber Jennifer B $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $795,000 0.0% $719 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $795,000 -5.1% $719 / Sq Ft
08/18/2020 08/18/20 Price Changed $838,000 -6.4% $758 / Sq Ft
07/15/2020 07/15/20 For Sale $895,000 -- $810 / 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 $10,318 $860,532 $430,266 $430,266
2024 $10,318 $843,660 $421,830 $421,830
2023 $10,185 $827,118 $413,559 $413,559
2022 $10,156 $810,900 $405,450 $405,450
2021 $9,920 $795,000 $397,500 $397,500
2020 $7,977 $632,170 $316,085 $316,085
2019 $7,631 $619,776 $309,888 $309,888
2018 $7,567 $607,624 $303,812 $303,812
2017 $7,229 $595,710 $297,855 $297,855
2016 $7,004 $584,030 $292,015 $292,015
2015 $6,747 $575,258 $287,629 $287,629
2014 $6,121 $517,000 $258,500 $258,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81801120

MLSListings

APN: 158-46-188