NOT LISTED FOR SALE

505 Cypress Point Dr Unit 206 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $830,000 - $1,119,000

2 Beds
2 Baths
1,105 Sq Ft
1,111 Sq Ft Lot

Last Sold March 08, 2018

Last sale price $1,100,000 $995 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,008/month

7 Days on Market

Highlights

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

About This Home

As of March 2018

Located in the quiet Cypress Point Lakes Complex, only 1/4 mile from desirable and vibrant downtown Castro Street and all transportation access, is a spacious 2 bed, 2 bath condo, 1,105 Square feet set among soaring Redwood Trees and serene ponds. The large master is complete with separate en suite and large walk-in closet. Walk to shopping, trendy restaurants, Cal Train, Light Rail, commute routes, and trails. Located near all the major tech companies. Kick back and relax in your private sanctuary away from the hustle and bustle. Complex amenities: 2 pools, hot tub, a lake and winding streams with fountains and bridges, tennis courts, clubhouse and exercise room. Having a big party? No problem, reserve the entire clubhouse for free!

Last Agent to Sell the Property

Kirk Lawrence

Coldwell Banker Realty License #02026505 Listed on: 01/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Hong Mckinsey

Coldwell Banker Realty License #02026490

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,286

Year Built

  • Built in 1971

Lot Details

  • 1,111

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Pool

Utilities

  • Heating Available
  • Separate Meters
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-206

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, decks, exterior painting, garbage, hot water, insurance - common area, insurance - earthquake, insurance - structure, maintenance - common area, maintenance - exterior, pool spa or tennis, recreation facility, reserves, roof, sewer, water
  • Cypress Point Lakes Association
  • The community has rules related to parking rules
  • Car Wash Area

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,286

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions, Pets - Rules
  • Age: 47
  • Listing Class: Residential
  • Structure Sq Ft: 1105
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1105
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: Community Facility
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 468
  • HOA Amenities: Car Wash Area, Club House, Community Pool, Gym / Exercise Facility, Tennis Court / Facility
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Insurance - Earthquake, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Sewer, Water
  • 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: 158-46-206
  • Lot Acres: 0.0255
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1109.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1109.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Wu Zehao and Liu Dexin
Bought by
Wu Zehao and Liu Dexin
Current Estimated Value
$952,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$631,326
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$320,755

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 28, 2018
Sold by
Lawrence Gillian
Bought by
Wu Zehao and Liu Dexin
Seller's Agent
Kirk Lawrence
Coldwell Banker Realty
Buyer's Agent
Hong Mckinsey
Coldwell Banker Realty
List Price
$895,000
Sold Price
$1,100,000
Premium/Discount to List
$205,000
22.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%
Original Mortgage
$770,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2014
Sold by
Lawrence Thomas J and Lawrence Gillian
Bought by
Lawrence Thomas J and Lawrence Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2003
Sold by
Lawrence Thomas J
Bought by
Lawrence Thomas J and Lawrence Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 22, 2003
Sold by
Nichols Andrew Burnham
Bought by
Lawrence Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First
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 Buyer Sale Price Title Company
Wu Zehao -- Title365 Coraopolis
Wu Zehao $1,100,000 Cornerstone Title Co
Lawrence Thomas J -- Lawyers Title
Lawrence Thomas J -- --
Lawrence Thomas J $345,000 Old Republic Title Company
Lawrence Thomas J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zehao $735,000
Closed Wu Zehao $770,000
Previous Owner Lawrence Thomas J $335,000
Previous Owner Lawrence Thomas J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $1,100,000 +22.9% $995 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/31/2018 01/31/18 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 $11,286 $830,000 $415,000 $415,000
2024 $11,286 $925,000 $462,500 $462,500
2023 $11,417 $930,000 $465,000 $465,000
2022 $10,216 $815,800 $407,900 $407,900
2021 $9,859 $946,700 $473,300 $473,400
2020 $11,607 $930,000 $465,000 $465,000
2019 $11,076 $1,122,000 $561,000 $561,000
2018 $5,548 $439,138 $219,569 $219,569
2017 $5,304 $430,528 $215,264 $215,264
2016 $5,119 $422,088 $211,044 $211,044
2015 $4,991 $415,748 $207,874 $207,874
2014 $4,933 $407,606 $203,803 $203,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81689221

MLSListings

APN: 158-46-206