NOT LISTED FOR SALE

505 Cypress Point Dr Unit 195 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $606,000 - $713,000

1 Bed
1 Bath
784 Sq Ft
$508/mo HOA Fee

Last Sold August 13, 2021

Last sale price $610,000 $778 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,626/month

72 Days on Market

Highlights

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

About This Home

As of August 2021

PRICE REDUCED FOR THIS PERFECT ONE BEDROOM CONDO! Don't miss the opportunity to own this 1 bedroom, 1 bathroom condo at beautiful Cypress Point Lakes. From your balcony, you can enjoy the view of the pool and the lush, mature landscape. Condo has been updated with many new light fixtures, new laminate flooring, and has been painted thru-out, so it is ready to move right in. The kitchen has a new electric stove/oven, microwave, and dishwasher, and has plenty of cabinet space for storage. The bathroom has has an abundance of counter space, and both a shower and a bathtub. The large bedroom also has plenty of closet space with mirrored closet doors. You do get a reserved carport parking space that is located directly in front of the condo. Community amenities include two pools, hot tubs, tennis courts, gym, laundry rooms, and a clubhouse. Excellent commute location off Moffett Blvd with easy access to Hwys 85 and 101, as well as Central Expwy. Previous rental income was $2600/month.

Last Agent to Sell the Property

Toni Whedon

Coldwell Banker Realty License #01435156 Listed on: 05/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Sabrina Li

Legend Realty & Finance Group License #02037439

Legend Realty & Finance Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,831

Year Built

  • 1971

Lot Details

  • 854

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • No Garage
  • Lighted Parking
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Separate Meters

Additional Features

  • West Facing Home
  • Unit is on the top floor

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, pool spa or tennis, recreation facility, reserves, roof
  • Community Management Services Association

Amenities

  • Sauna
  • Clubhouse
  • Coin Laundry

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,831

Year Built

1971

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 784
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Fireplace: Family Room, Gas Burning
  • Dining Room: Dining Area In Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 784
  • Stories: 1
  • Laundry: Coin Operated, Community Facility
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower Over Tub - 1, Solid Surface, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Deck
  • Property Faces: West
  • Pool: Community Facility, Pool - Fenced, Pool - In Ground

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking, Guest / Visitor Parking, Lighted Parking Area, No Garage, Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Baseboard, Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 508
  • HOA Amenities: Club House, Community Pool, Gym / Exercise Facility, Recreation Room, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Community Management Services

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.0196
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 855.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 855.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Other Unit Below, Top Floor Or Penthouse, Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 2, 2021
Sold by
Sweet John L and Jane S Sweet Revocable Living
Bought by
Shi Jiaru
Seller's Agent
Toni Whedon
Coldwell Banker Realty
Buyer's Agent
Sabrina Li
Legend Realty & Finance Group
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Current Estimated Value
$650,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,943
Avg. Annual Appreciation
1.58%
Original Mortgage
$488,000
Outstanding Balance
$443,743
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,200
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
Shi Jiaru $610,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Jiaru $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $610,000 -1.6% $778 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $620,000 -4.6% $791 / Sq Ft
07/07/2021 07/07/21 For Sale $650,000 0.0% $829 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $650,000 -4.4% $829 / Sq Ft
06/02/2021 06/02/21 Price Changed $679,900 -1.5% $867 / Sq Ft
05/05/2021 05/05/21 For Sale $690,000 -- $880 / 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 $7,831 $647,336 $323,668 $323,668
2024 $7,831 $634,644 $317,322 $317,322
2023 $7,524 $605,000 $302,500 $302,500
2022 $7,708 $610,000 $305,000 $305,000
2021 $11,115 $893,500 $446,750 $446,750
2020 $11,050 $884,340 $442,170 $442,170
2019 $10,566 $867,000 $433,500 $433,500
2018 $2,048 $147,092 $19,299 $127,793
2017 $1,966 $144,209 $18,921 $125,288
2016 $1,852 $141,382 $18,550 $122,832
2015 $1,809 $139,259 $18,272 $120,987
2014 $1,791 $136,533 $17,915 $118,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81837482

MLSListings

APN: 158-46-195