NOT LISTED FOR SALE

505 Cypress Point Dr Unit 265 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $791,000 - $1,477,000

2 Beds
2 Baths
1,105 Sq Ft
2,004 Sq Ft Lot

Last Sold June 23, 2015

Last sale price $800,000 $724 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,349/month

7 Days on Market

Highlights

  • In Ground Pool
  • Zoned Heating
  • 4-minute walk to Jackson Park
  • Edith Landels Elementary School Rated A-
  • Coin Laundry

About This Home

As of June 2015

1st floor condo in a resort like Cypress Point Lakes Complex. Convenient to downtown Mountain View, train station and expressways. Open floor plan with a large living room and doors to a private patio. Separate dining area and generous size master suite with walk-in closet. Spacious guest bedroom and updated guest bath. Well maintained complex complete with swimming pools, tennis courts, club house, grass volleyball area and lakes. Open house Friday 5/15 9:30 AM - 1:00 PM, Sat & Sun 5/16 & 5/17 1:30-4:30.

Last Agent to Sell the Property

Royce Cablayan

Christie's International Real Estate Sereno License #01062078 Listed on: 05/14/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Michael Galli

Compass License #01852633

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • 2,004

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Zoned Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-265

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - structure, management fee, pool spa or tennis, roof, water
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Coin Laundry

Pet Policy

  • No Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential
  • Structure Sq Ft: 1105
  • 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
  • Dining Room: Dining "L"
  • Living Sq Ft: 1105
  • Stories: 1
  • Laundry: Coin Operated, Community Facility
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Yard/Grounds: Tennis Court
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Electric, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 426
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Management Fee, Pool, Spa, or Tennis, Roof, Water
  • H O A Name Text: Cypress Point Lakes
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 158-46-265
  • 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: 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
Mar 4, 2022
Sold by
Vasani and Preyas
Bought by
Popat Vibha Preyas and Popat Preyas
Current Estimated Value
$1,028,906

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 9, 2015
Sold by
Dawson Letha M
Bought by
Popat Preyas and Vasani Vibha
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Michael Galli
Compass
List Price
$599,000
Sold Price
$800,000
Premium/Discount to List
$201,000
33.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$604,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Beckstrom Glen J
Bought by
Dawson Letha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Popat Vibha Preyas -- None Listed On Document
Popat Preyas $800,000 Old Republic Title Company
Dawson Letha M $385,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Popat Preyas $604,000
Previous Owner Dawson Letha M $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $800,000 +33.6% $724 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $599,000 -- $542 / 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 $11,496 $961,474 $480,737 $480,737
2024 $11,496 $942,622 $471,311 $471,311
2023 $11,263 $924,140 $462,070 $462,070
2022 $10,437 $840,900 $420,400 $420,500
2021 $10,070 $814,400 $407,200 $407,200
2020 $9,937 $800,000 $400,000 $400,000
2019 $10,422 $861,912 $430,956 $430,956
2018 $10,329 $845,012 $422,506 $422,506
2017 $9,861 $828,444 $414,222 $414,222
2016 $9,578 $812,200 $406,100 $406,100
2015 $5,345 $446,517 $231,956 $214,561
2014 -- $437,772 $227,413 $210,359
Source: Public Records

Agents Affiliated with this Home

  • Royce Cablayan

    Seller's Agent in 2015

    Royce Cablayan

    Sereno Group

    (650) 224-1711

    33 in this area

    164 Total Sales

    Royce Cablayan
    Section Image
  • Michael Galli

    Buyer's Agent in 2015

    Michael Galli

    Compass

    (650) 248-3076

    9 in this area

    222 Total Sales

    Michael Galli
    Section Image
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Map

Source: MLSListings

MLS Number: ML81465132

MLSListings

APN: 158-46-265

California Santa Clara County Mountain View 94043 Rex Manor

505 Cypress Point Dr Unit 265, Mountain View, CA

Not Listed for Sale

Condos

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