NOT LISTED FOR SALE

505 Cypress Point Dr Unit 20 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $687,000 - $810,000

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

Last Sold September 07, 2021

Last sale price $725,000 $860 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,191/month

8 Days on Market

Highlights

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

About This Home

As of September 2021

Best location at Cypress Point Lakes complex. Beautifully updated top floor in desirable Cypress complex with view of the pool and redwood. Formal entry to a large inviting living room with luxury hardwood floors and sliding doors to a sunny balcony. Updated kitchen with quartz counters, wood cabinets. Separate dining area with view. Newly updated bathroom and recessed lighting. Generous size bedrooms with plush carpeting and ample closet space. 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 clubhouse for a party, 2 pools, spa and tennis courts set amongst relaxing lakes and streams. Feels like a peaceful retreat from the world. Close to Stevens Creek Trail with easy access to freeways and major Silicon Valley employers.

Last Agent to Sell the Property

Sue Cheng

Intero Real Estate Services License #02027196 Listed on: 07/21/2021

Intero Real Estate Services

Last Buyer's Agent

Tracy Vanoncini

Intero Real Estate Services License #02031237

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,929

Year Built

  • 1971

Lot Details

  • 2,004

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

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

Pool

  • Private Pool

Utilities

  • Baseboard Heating
  • Private Sewer

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,929

Year Built

1971

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Pets - Rules
  • Age: 50
  • Listing Class: Residential
  • 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: Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • 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: Yes
  • Roof: Composition
  • Pool: Community Facility

Garage/Parking

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

Utilities

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

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, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Organized Activities, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Crittenden Middle
  • Elementary School: 166
  • Middle School: 1083

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 10, 2021
Sold by
Liang Feng and Huang Yifan
Bought by
Inns Nicholas Robert
Seller's Agent
Sue Cheng
Intero Real Estate Services
Buyer's Agent
Tracy Vanoncini
Intero Real Estate Services
List Price
$715,000
Sold Price
$725,000
Premium/Discount to List
$10,000
1.4%
Current Estimated Value
$742,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,175
Avg. Annual Appreciation
0.58%
Original Mortgage
$543,750
Outstanding Balance
$493,692
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$248,483

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 19, 2018
Sold by
Kuperberg Mitchell H
Bought by
Liang Feng and Huang Yifan
Seller's Agent
Christine Hsieh
Redfin
Buyer's Agent
Hans Vilaivan
KW Advisors
List Price
$799,000
Sold Price
$951,000
Premium/Discount to List
$152,000
19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%
Original Mortgage
$665,700
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Inns Nicholas Robert $725,000 Orange Coast Ttl Co Of Nocal
Liang Feng $951,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inns Nicholas Robert $543,750
Previous Owner Liang Feng $665,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2021 09/07/21 Sold $725,000 +1.4% $860 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $715,000 -24.8% $848 / Sq Ft
06/22/2018 06/22/18 Sold $951,000 +19.0% $1,128 / Sq Ft View Prior Sale
05/23/2018 05/23/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $799,000 -- $948 / 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 $8,929 $720,000 $360,000 $360,000
2024 $8,929 $750,000 $375,000 $375,000
2023 $7,309 $610,000 $305,000 $305,000
2022 $8,833 $725,000 $362,500 $362,500
2021 $9,594 $783,900 $391,900 $392,000
2020 $9,466 $770,000 $385,000 $385,000
2019 $9,579 $970,020 $485,010 $485,010
2018 $1,902 $157,757 $20,834 $136,923
2017 $1,816 $154,665 $20,426 $134,239
2016 $1,764 $151,633 $20,026 $131,607
2015 $1,718 $149,357 $19,726 $129,631
2014 $1,698 $146,432 $19,340 $127,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81854732

MLSListings

APN: 158-46-020