NOT LISTED FOR SALE

505 Cypress Point Dr Unit 28 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $559,950 - $636,000

1 Bed
1 Bath
668 Sq Ft
$476/mo HOA Fee

Last Sold September 17, 2021

Last sale price $545,000 $816 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,242/month

46 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Traditional Architecture
  • Edith Landels Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Jackson Park

About This Home

As of September 2021

Best priced 1 bedroom condo in Mountain View. Top floor unit at highly desired Cypress Point Lakes. Just 2 blocks to downtown Mountain View's many shops, restaurants and CalTrain. Cypress Point Lakes offers a park like setting with lakes and streams, greenbelt, towering redwoods, 2 pools, spa, sauna and tennis courts. This is the best value in Mountain View. Freshly painted and ready for new buyer.

Last Agent to Sell the Property

Howard Bloom

Intero Real Estate Services License #00893793 Listed on: 06/29/2021

Intero Real Estate Services

Last Buyer's Agent

Ken Vis

REALTY EXPERTS License #01389600

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,026

Year Built

  • 1971

Lot Details

  • North Facing Home

HOA Fees

  • $476 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 40 Parking Spaces
  • 1 Carport Space
  • Guest Parking
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Baseboard Heating
  • Separate Meters
  • 220 Volts

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, 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, reserves, roof, water / sewer
  • 302 Units
  • Cypress Point Lakes HOA
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,026

Year Built

1971

Lot Details

0

HOA Fees

$476 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Age - No Restrictions
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 8
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 668
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 668
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Property Faces: North
  • Pool: Community Facility, Spa / Hot Tub
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 40
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, Uncovered Parking
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 476
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Sauna / Spa / Hot Tub, 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, Exterior Painting, 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, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes HOA

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 9, 2021
Sold by
Nortman Leiko Dawn Silva
Bought by
Nortman Joseph Nathan
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Ken Vis
REALTY EXPERTS
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%
Current Estimated Value
$597,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,488
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 24, 2021
Sold by
Osullivan Cornelius
Bought by
Nortman Joseph Nathan
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Ken Vis
REALTY EXPERTS
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%

Purchase Details

Closed on
Sep 11, 2000
Sold by
Yee Laura and Yee Gregory L
Bought by
Osullivan Cornelius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
8.11%

Purchase Details

Closed on
Mar 16, 1994
Sold by
Ota Wayne Tsugio
Bought by
Yee Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nortman Joseph Nathan -- Chicago Title Company
Nortman Joseph Nathan $545,000 Chicago Title Company
Osullivan Cornelius $290,000 Old Republic Title Company
Klunder Gregory L -- Old Republic Title Company
Yee Laura $100,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osullivan Cornelius $232,000
Previous Owner Yee Laura $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $545,000 0.0% $816 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $545,000 -2.5% $816 / Sq Ft
06/29/2021 06/29/21 For Sale $559,000 -- $837 / 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 $7,026 $578,358 $289,179 $289,179
2024 $7,026 $567,018 $283,509 $283,509
2023 $6,936 $555,900 $277,950 $277,950
2022 $6,916 $545,000 $272,500 $272,500
2021 $5,087 $403,690 $201,845 $201,845
2020 $5,057 $399,552 $199,776 $199,776
2019 $4,840 $391,718 $195,859 $195,859
2018 $4,804 $384,038 $192,019 $192,019
2017 $4,593 $376,508 $188,254 $188,254
2016 $4,422 $369,126 $184,563 $184,563
2015 $4,311 $363,582 $181,791 $181,791
2014 $4,260 $356,460 $178,230 $178,230
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81851234

MLSListings

APN: 158-46-028