NOT LISTED FOR SALE

505 Cypress Point Dr Unit 192 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $840,000 - $1,531,000

2 Beds
2 Baths
1,105 Sq Ft
$469/mo HOA Fee

Last Sold December 20, 2017

Last sale price $1,065,000 $964 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,540/month

7 Days on Market

Highlights

  • Cabana
  • Clubhouse
  • Quartz Countertops
  • Edith Landels Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Jackson Park

About This Home

As of December 2017

Located in the quiet Cypress Point Lakes Complex, only 1/4 mile from desirable downtown Castro Street, is a private top floor 2 bed, 2 bath condo,1,105 Square feet set among soaring Redwood Trees .Large living/dining room with Vaulted Ceiling , Laminate floors in living and dining , sliding door to the private patio deck looking on to the swimming pool Updated kitchen with new quartz counter tops, modern cabinetry and stainless steel appliances, open dining area with vaulted ceilings and new attractive light fixtures. Master suite offering a walk-in closet, expansive vanity with double sink, designer light fixtures ample storage space and walk-in closet and en-suite bathroom, 2nd bedroom offers double mirrored door closet, full bathroom provides a large vanity. Additional features: Newer carpeting, New kitchen counter tops, fresh paint, new light fixtures and hardware, , Electric baseboard heating and an abundance of storage. Complex features 2 swimming pools, spa, tennis courts

Last Agent to Sell the Property

Maha Najjar

Coldwell Banker Realty License #01305947 Listed on: 11/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Karishma Chandani

Anthem Realty License #01066173

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,416

Year Built

  • Built in 1971

Lot Details

  • 1,999

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,105 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

Utilities

  • Zoned Heating
  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 158-46-192

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, hot water, insurance - common area, insurance - hazard, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water, water / sewer
  • C.P. Lakes Association, Inc. Association
  • Built by C.P. Lakes Association, Inc.
  • Greenbelt

Amenities

  • Trash Chute
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Cabanas
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,416

Year Built

Built in 1971

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 46
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 4
  • Structure Sq Ft: 1105
  • Complex Name: C.P. Lakes Association, Inc.
  • Year Built: 1971
  • Zoning Description: R3-2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Quartz, Dishwasher, Hood Over Range, Ice Maker, Microwave, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1105
  • Laundry: Community Facility
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower and Tub, Shower over Tub - 1, Stone, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Cabana / Dressing Room, Community Facility, Heated - Solar
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 469
  • HOA Amenities: Cabana, Club House, Garden / Greenbelt / Trails, Trash Chute
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water, Water / Sewer
  • H O A Name Text: C.P. Lakes Association, Inc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-192
  • 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

Multi Family

  • Utilities: Natural Gas, 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
Nov 21, 2017
Closed on
Dec 11, 2017
Sold by
Beckman William R
Bought by
Kavalan Sunil Jared
Seller's Agent
Maha Najjar
Coldwell Banker Realty
Buyer's Agent
Karishma Chandani
Anthem Realty
List Price
$895,000
Sold Price
$1,065,000
Premium/Discount to List
$170,000
18.99%
Current Estimated Value
$1,102,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,834
Avg. Annual Appreciation
0.45%
Original Mortgage
$7,600,000
Outstanding Balance
$6,280,821
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$5,177,987

Purchase Details

Closed on
Nov 17, 2014
Sold by
Helmer Edmund
Bought by
The Beckman Family Trust

Purchase Details

Closed on
Jun 23, 2010
Sold by
Marshall Herbert and Marshall Lorraine Marie
Bought by
Helmer Edmund

Purchase Details

Closed on
Apr 1, 2008
Sold by
Sanchez Sandoval Miguel and Sanchez Kara
Bought by
Marshall Herbert and Foehner Lorraine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2004
Sold by
Cobbs Stephen
Bought by
Sanchez Sandoval Miguel and Sanchez Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2000
Sold by
Brown Edward P And Carole A Trustee
Bought by
Cobbs Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 7, 1994
Sold by
Brown Edward P and Brown Carole A
Bought by
Brown Edward P and Brown Carole A
Source: Public Records

Range of Values:

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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
Kavalan Sunil Jared $1,065,000 Old Republic Title Co
The Beckman Family Trust $714,750 Old Republic Title Company
Helmer Edmund $437,000 Old Republic Title Company
Marshall Herbert $455,000 North American Title Co
Sanchez Sandoval Miguel $420,000 North American Title Company
Cobbs Stephen $429,000 Old Republic Title Company
Brown Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavalan Sunil Jared $7,600,000
Previous Owner Marshall Herbert $364,000
Previous Owner Sanchez Sandoval Miguel $336,000
Previous Owner Cobbs Stephen $340,000
Closed Sanchez Sandoval Miguel $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $1,065,000 +19.0% $964 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/21/2017 11/21/17 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 $14,416 $1,211,784 $605,892 $605,892
2024 $14,416 $1,188,024 $594,012 $594,012
2023 $14,228 $1,164,730 $582,365 $582,365
2022 $14,189 $1,141,894 $570,947 $570,947
2021 $13,857 $1,119,504 $559,752 $559,752
2020 $13,776 $1,108,026 $554,013 $554,013
2019 $13,169 $1,086,300 $543,150 $543,150
2018 $13,049 $1,065,000 $532,500 $532,500
2017 $8,916 $740,420 $370,210 $370,210
2016 $8,655 $725,902 $362,951 $362,951
2015 $8,435 $715,000 $357,500 $357,500
2014 $5,542 $460,154 $230,077 $230,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81685325

MLSListings

APN: 158-46-192