NOT LISTED FOR SALE

505 Cypress Point Dr Unit 207 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $607,000 - $995,000

1 Bed
1 Bath
784 Sq Ft
$923/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $599,000 $764 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,549/month

Highlights

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

About This Home

As of August 2023

Step into this gorgeous 1-bed, 1-bath second-floor condo nestled in the desirable, very quiet, and tranquil Cypress Point Lakes complex! Feast your eyes on the living room/dining room combination adorned with a decorative fireplace and high ceilings that create an airy ambiance. Storage options abound, including a large linen closet, and an additional storage closet on the deck. Secure your bicycles in the caged storage facility, while reveling in the complex's splendid amenities such as sparkling pools, a spa, tennis courts, a recreational room, and meandering waterways amidst picturesque landscaping! Your future home comes with one covered parking space in an open carport, with plenty of parking options for guests! This excellent location offers convenience to Downtown Mountain View, bus routes, CalTrain, and easy access to the 101 & 85 freeways. Additionally, the nearby Shoreline Amphitheater provides entertainment and cultural experiences. Pets - Cats Only Pet Deposit - $500

Last Agent to Rent the Property

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 07/06/2023

Last Renter's Agent

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 07/06/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,389

Year Built

  • 1971

Lot Details

  • 2,004

Interior Spaces

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

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available

Listing and Financial Details

  • Security Deposit $2,650
  • Property Available on 7/6/23
  • Rent includes gas, sewer, trash removal, water
  • 12-Month Minimum Lease Term

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Cats Allowed

Additional Features

  • Property has a Home Owners Association
  • Sauna

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,389

Year Built

1971

Lot Details

0

Rental Info

  • Available: 07/06/2023
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gas, Sewer, Trash Removal, Water
  • Security Deposit: 2650

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Cats Permitted
  • Age: 52
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 784
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 784
  • Stories: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Garage Parking Features: No Parking

Utilities

  • Heating System: Electric

Condo/Co-op/Association

  • HOA Amenities: Community Pool, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Aug 29, 2016
Sold by
Compton Erin M
Bought by
Valerio Cody
Seller's Agent
Fran Papapietro
Christie's International Real Estate Sereno
Buyer's Agent
Victoria Ferguson
Christie's International Real Estate Sereno
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$723,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,259
Avg. Annual Appreciation
2.10%
Original Mortgage
$479,000
Outstanding Balance
$377,104
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$346,155

Purchase Details

Closed on
Sep 3, 2004
Sold by
Navarro Nadine
Bought by
Compton Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1999
Sold by
Halsted Nadine and Halsted Nadine
Bought by
Navarro Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.7%
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
Valerio Cody $599,000 Old Republic Title Company
Compton Erin M $310,000 First American Title Company
Navarro Nadine -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valerio Cody $479,000
Previous Owner Compton Erin M $248,000
Previous Owner Navarro Nadine $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Rented $2,650 0.0% --
08/22/2023 08/22/23 Price Changed $2,650 -4.2% $3 / Sq Ft
07/28/2023 07/28/23 Price Changed $2,765 -4.5% $4 / Sq Ft
07/17/2023 07/17/23 Price Changed $2,895 -5.9% $4 / Sq Ft
07/06/2023 07/06/23 For Rent $3,075 0.0% --
09/09/2016 09/09/16 Sold $599,000 0.0% $764 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $599,000 -- $764 / 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 $8,389 $695,180 $347,590 $347,590
2024 $8,389 $681,550 $340,775 $340,775
2023 $7,524 $605,000 $302,500 $302,500
2022 $8,258 $655,088 $327,544 $327,544
2021 $8,066 $642,244 $321,122 $321,122
2020 $8,020 $635,660 $317,830 $317,830
2019 $7,671 $623,198 $311,599 $311,599
2018 $7,608 $610,980 $305,490 $305,490
2017 $7,268 $599,000 $299,500 $299,500
2016 $4,455 $365,016 $182,508 $182,508
2015 $4,344 $359,534 $179,767 $179,767
2014 $4,294 $352,492 $176,246 $176,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81934003

MLSListings

APN: 158-46-207