NOT LISTED FOR SALE

505 Cypress Point Dr Unit 267 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $880,000 - $950,000

2 Beds
2 Baths
1,105 Sq Ft
$469/mo HOA Fee

Last Sold August 27, 2018

Last sale price $1,080,000 $977 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,255/month

10 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Laundry Facilities
  • Edith Landels Elementary School Rated A
  • Recreation Facilities
  • 4-minute walk to Jackson Park

About This Home

As of August 2018

Location, location, location! Walk 2 blocks to Downtown Mountain View trendy restaurants and shops, nearby park and convenience stores, Sundays Farmers Market, VTA/Cal Train/Bus Transit Center. Easy access to 85/101/237/Central Expy and close to major employers in the Silicon Valley. Bike to Stevens Creek Trail for fun! Live in highly desirable and well maintained Cypress Point Lakes complex that is surrounded by large redwood trees and established landscaping. The complex has two swimming pools,one jacuzzi, and one tennis court .The spacious club house with recreational room that you can reserve from HOA and host your personal party. The HOA recently replaced carport roofing and built a brand new balcony.

Last Agent to Sell the Property

Yilin Yu

Loan Factory License #01974616 Listed on: 07/13/2018

Last Buyer's Agent

Patrick Adair

Intero Real Estate Services License #01100170

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,286

Year Built

  • Built in 1971

Lot Details

  • 1,172

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Common Heating System
  • 220 Volts
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 158-46-267

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, gas, hot water, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer, water, water / sewer
  • Cypress Point Lakes HOA
  • Built by Cypress Point Lakes

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,286

Year Built

Built in 1971

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Rules
  • Age: 47
  • 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
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1105
  • Stories: 1
  • Laundry: Community Facility
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground, Spa - In Ground
  • Roof: Tar and Gravel
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

  • Heating System: Common, Electric, Fireplace
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 469
  • HOA Amenities: Club House, Community Pool, Recreation Room
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Gas, Hot Water, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Sewer, Water, Water / Sewer
  • H O A Name Text: Cypress Point Lakes HOA
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-267
  • Lot Acres: 0.0269
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1172.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1172.00

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

Listed on
Jul 13, 2018
Closed on
Aug 24, 2018
Sold by
Ye Shun and He Xiao Neng
Bought by
Chadha Ankit and Sood Rewa
Seller's Agent
Yilin Yu
Loan Factory
Buyer's Agent
Patrick Adair
Intero Real Estate Services
List Price
$899,000
Sold Price
$1,080,000
Premium/Discount to List
$181,000
20.13%
Current Estimated Value
$910,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,747
Avg. Annual Appreciation
-2.38%
Original Mortgage
$679,600
Outstanding Balance
$590,205
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$320,048

Purchase Details

Closed on
Feb 21, 2018
Sold by
Ye Shun
Bought by
Ye Shun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 29, 2012
Closed on
Dec 31, 2012
Sold by
Braginsky David
Bought by
Ye Shun and He Xiao Neng
Seller's Agent
Marina Zubkova
Intero Real Estate Services
Buyer's Agent
Jess Flowers
Coldwell Banker Residential Brokerage
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$333,750
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2012
Closed on
Dec 28, 2012
Sold by
Ye Nian Kang
Bought by
He Xiao Neng
Seller's Agent
Marina Zubkova
Intero Real Estate Services
Buyer's Agent
Jess Flowers
Coldwell Banker Residential Brokerage
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2004
Sold by
Becker Barry G
Bought by
Braginsky David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1996
Sold by
Jordan Albert
Bought by
Becker Barry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
6.99%
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
Chadha Ankit $1,080,000 Wfg Natl Title Ins Co
Ye Shun -- Chicago Title
Ye Shun $450,000 Old Republic Title Company
He Xiao Neng -- Old Republic Title Company
Braginsky David $385,000 Fidelity National Title Ins
Becker Barry G $145,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadha Ankit $679,600
Previous Owner Ye Shun $250,000
Previous Owner Ye Shun $333,750
Previous Owner Braginsky David $286,000
Previous Owner Becker Barry G $116,300
Closed Braginsky David $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2018 08/27/18 Sold $1,080,000 +20.1% $977 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $899,000 +99.8% $814 / Sq Ft
01/09/2013 01/09/13 Sold $450,000 +0.2% $407 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $449,000 -- $406 / 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 $11,522 $930,000 $465,000 $465,000
2019 $11,943 $1,080,000 $540,000 $540,000
2018 $6,038 $487,012 $243,506 $243,506
2017 $5,770 $477,464 $238,732 $238,732
2016 $5,574 $468,102 $234,051 $234,051
2015 $5,433 $461,072 $230,536 $230,536
2014 $5,368 $452,042 $226,021 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711864

MLSListings

APN: 158-46-267