NOT LISTED FOR SALE

505 Cypress Point Dr Unit 253 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $648,000 - $684,000

1 Bed
1 Bath
784 Sq Ft
2,004 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $580,000 $740 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,385/month

6 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Contemporary Architecture
  • Edith Landels Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Jackson Park

About This Home

As of May 2016

Popular Cypress Point Lakes one bedroom, one bath condo. Ground floor, easy access from parking lot. New paint, carpets. Excellent location in complex. Serene, quiet setting with large deck off dining room. Large one bedroom with tons of closet space. Storage closet off deck. Clubhouse, laundry facilities, pool, tennis court, walking distance to downtown Mountain View, CALTRAIN, and light rail. Close to Google, Linked In and all that Silicon Valley has to offer! Don't miss!

Last Agent to Sell the Property

Kelly Griggs

Coldwell Banker Realty License #70010997 Listed on: 04/26/2016

Coldwell Banker Realty

Last Buyer's Agent

M. NANCY DINSHAW

MELODY NANCY DINSHAW, BROKER License #01924283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1971

Lot Details

  • Partially Fenced Property

Property Views

  • Water
  • Garden
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking
  • Off-Site Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Shed

Utilities

  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-253

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, unit coverage insurance, water
  • 303 Units
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,289

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Age: 45
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 303
  • Structure Sq Ft: 784
  • Complex Name: Cypress Point Lakes
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 784
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Composition
  • View: Garden / Greenbelt, Greenbelt, Water
  • Yard/Grounds: Storage Shed / Structure, Tennis Court
  • Pool: Yes
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, Off-Site Parking, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 395
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Unit Coverage Insurance, Water
  • H O A Name Text: Cypress Point Lakes
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Crittenden Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 1083

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 158-46-253
  • Lot Acres: 0.0460
  • 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: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 9, 2016
Sold by
Schleifer Kyle
Bought by
Blazek Living Trust
Seller's Agent
Kelly Griggs
Coldwell Banker Realty
Buyer's Agent
M. NANCY DINSHAW
MELODY NANCY DINSHAW, BROKER
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%
Current Estimated Value
$663,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,111
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Jun 15, 2012
Sold by
Schleifer Kyle and Reid Colleen Elizabeth
Bought by
Schleifer Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,642
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Srugis Aaron J
Bought by
Schleifer Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Oconnell Susan M
Bought by
Srugis Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.37%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Perkins John A
Bought by
Oconnell Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.12%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Ninety Project
Bought by
Perkins John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.12%

Purchase Details

Closed on
Dec 17, 1996
Sold by
Hud
Bought by
Project Ninety

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,401
Interest Rate
7.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 1996
Sold by
Federal National Mortgage Association
Bought by
Hud

Purchase Details

Closed on
Jun 21, 1996
Sold by
Koltunski Carol A and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Blazek Living Trust $580,000 Lawyers Title Company
Schleifer Kyle -- Servicelink
Schleifer Kyle $332,000 First American Title Company
Srugis Aaron J $266,000 North American Title Company
Oconnell Susan M $146,000 North American Title Co
Perkins John A -- --
Project Ninety $89,500 North American Title Co
Hud -- --
Federal National Mortgage Association $96,361 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schleifer Kyle $249,642
Previous Owner Schleifer Kyle $260,000
Previous Owner Schleifer Kyle $265,600
Previous Owner Srugis Aaron J $200,000
Previous Owner Oconnell Susan M $50,000
Previous Owner Oconnell Susan M $178,800
Previous Owner Oconnell Susan M $175,000
Previous Owner Oconnell Susan M $116,800
Previous Owner Project Ninety $84,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $580,000 +10.5% $740 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $525,000 -- $670 / 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
2024 $8,289 $673,138 $336,569 $336,569
2023 $7,524 $605,000 $302,500 $302,500
2022 $8,159 $647,000 $323,500 $323,500
2021 $7,970 $634,314 $317,157 $317,157
2020 $7,924 $627,810 $313,905 $313,905
2019 $7,580 $615,500 $307,750 $307,750
2018 $7,517 $603,432 $301,716 $301,716
2017 $7,181 $591,600 $295,800 $295,800
2016 $4,667 $383,256 $191,628 $191,628
2015 $4,551 $377,500 $188,750 $188,750
2014 $4,499 $370,106 $185,053 $185,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81582360

MLSListings

APN: 158-46-253