NOT LISTED FOR SALE

505 Cypress Point Dr Unit 271 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $832,000 - $1,565,000

2 Beds
2 Baths
1,105 Sq Ft
$409/mo HOA Fee

Last Sold March 21, 2018

Last sale price $1,200,000 $1,086 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,733/month

6 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Traditional Architecture
  • Edith Landels Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Jackson Park

About This Home

As of March 2018

More professional photos to come shortly. Spacious 2 bedroom, 2 bath Cypress Point Lakes Condo. 1,105 sq ft of living space. Open concept living room and dining area with gas fireplace and overlooking large outdoor patio. Updated kitchen with newer cabinetry and Corian style countertops. Generously sized master bedroom suite with walk-in closet. Large second bedroom. Complex amenities include 2 pools, spa, tennis courts and recreation room .Just 2 blocks from downtown Mountain View and its many shops and restaurants as well as Caltrain and Light Rail. Easy access to major Silicon Valley employers.

Last Agent to Sell the Property

Howard Bloom

Intero Real Estate Services License #00893793 Listed on: 03/07/2018

Intero Real Estate Services

Last Buyer's Agent

Kuljeet Kalkat

Intero Real Estate Services License #01978629

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,208

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • Wood Fence
  • Mostly Level

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Separate Meters
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-271

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, fencing, garbage, hot water, insurance - common area, insurance - hazard, 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
  • 302 Units
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,208

Year Built

Built in 1971

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Pets - Allowed, Pets - Rules
  • Age: 47
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Min Numberof Unitsin Complex: 302
  • 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: Gas Log, Living Room
  • Dining Room: Dining "L"
  • Kitchen: 220 Volt Outlet, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1105
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Community Facility
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Spa - Gas
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 409
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, 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
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

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 - Mostly Level
  • Parcel Number: 158-46-271
  • Lot Acres: 0.0247
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1076.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1076.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit

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
Mar 7, 2018
Closed on
Mar 20, 2018
Sold by
Parlanti Catherine D and Catherine D Parlanti Family Tr
Bought by
Patel Ami
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Kuljeet Kalkat
Intero Real Estate Services
List Price
$895,000
Sold Price
$1,200,000
Premium/Discount to List
$305,000
34.08%
Current Estimated Value
$1,122,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,790
Avg. Annual Appreciation
-0.89%

Purchase Details

Closed on
Jul 20, 2004
Sold by
Parlanti Catherine
Bought by
Parlanti Catherine D and Catherine D Parlanti Family Tr

Purchase Details

Closed on
Nov 26, 2002
Sold by
Parlanti Christian A
Bought by
Parlanti Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Zwiebel Jeffrey H
Bought by
Parlanti Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.12%

Purchase Details

Closed on
May 31, 1994
Sold by
Wentz Richard J and Wentz Carol L
Bought by
Zwiebel Jeffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.35%

Purchase Details

Closed on
Mar 8, 1994
Sold by
Wentz Richard J
Bought by
Wentz Richard J and Wentz Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
7%
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
Patel Ami $1,200,000 Chicago Title Co
Parlanti Catherine D -- --
Parlanti Catherine D -- First American Title Company
Parlanti Catherine $322,000 First American Title Company
Zwiebel Jeffrey H -- First American Title Company
Zwiebel Jeffrey H $142,000 North American Title Co Inc
Wentz Richard J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parlanti Catherine $220,000
Previous Owner Zwiebel Jeffrey H $113,600
Previous Owner Wentz Richard J $111,300
Closed Zwiebel Jeffrey H $14,200
Closed Parlanti Catherine $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $1,200,000 +34.1% $1,086 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/07/2018 03/07/18 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 $16,208 $1,365,392 $682,696 $682,696
2024 $16,208 $1,338,620 $669,310 $669,310
2023 $15,997 $1,312,374 $656,187 $656,187
2022 $15,953 $1,286,642 $643,321 $643,321
2021 $15,579 $1,261,414 $630,707 $630,707
2020 $15,488 $1,248,480 $624,240 $624,240
2019 $14,804 $1,224,000 $612,000 $612,000
2018 $5,114 $409,856 $204,928 $204,928
2017 $4,888 $401,820 $200,910 $200,910
2016 $4,711 $393,942 $196,971 $196,971
2015 $4,592 $388,026 $194,013 $194,013
2014 $4,537 $380,426 $190,213 $190,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81695234

MLSListings

APN: 158-46-271