NOT LISTED FOR SALE

505 Cypress Point Dr Unit 292 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $568,000 - $631,000

1 Bed
1 Bath
662 Sq Ft
$526/mo HOA Fee

Last Sold September 11, 2023

Last sale price $595,000 $899 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,341/month

6 Days on Market

Highlights

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

About This Home

As of September 2023

Welcome home to a Mountain View location in the middle of everything you want. Enjoy the choicest and most convenient ground-floor location, with immediate access to the pool and clubhouse, and dedicated parking. Enjoy a morning cup of coffee or wind down from work on your private patio with a stream and the pool in view. The tennis courts are a few feet away, and Castro Street/downtown Mountain View is just a block away. Enjoy fine dining and shopping on Castro St and nearby areas. The home has been recently upgraded with fresh paint, new flooring and trim, ceiling fixtures and fan, baseboard heaters, window treatments, kitchen backsplash, and more. Additionally, the home is under 10 miles from Apple, Meta (Facebook), Google HQ, Page Mill and Stanford. You have walking distance access to Caltrain, the VTA light rail, and major freeways and roads like Central Expressway, 85, 237 and 101. Your oasis awaits!

Last Agent to Sell the Property

Sumant Pendharkar

Moneterra License #01400820 Listed on: 08/11/2023

Last Buyer's Agent

Ramez Tabri

CENTURY 21 Masters License #02050993

CENTURY 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,276

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $526 Monthly HOA Fees

Property Views

  • River
  • Garden
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Synthetic Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony
  • Shed

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-292

Community Details

Overview

  • Association fees include exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof, water / sewer
  • 302 Units
  • Cypress Point Lakes Association, Inc. Association
  • Built by Cypress Point Lakes

Amenities

  • Sauna
  • Clubhouse
  • Coin Laundry
  • Common Utility Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,276

Year Built

Built in 1971

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Subclass: Condominium
  • Age: 52
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • 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: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Synthetic, Exhaust Fan, Microwave, Oven - Electric, Oven Range, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Laundry: Coin Operated
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Garden / Greenbelt, Park, River / Stream
  • Yard/Grounds: Balcony / Patio, Storage Shed / Structure, Tennis Court
  • Pool: Yes

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Amenities: Additional Storage, Club House, Common Utility Room, Community Pool, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Budget, Bylaws, CC&RS, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Roof, Water / Sewer
  • H O A Name Text: Cypress Point Lakes Association, Inc.
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-292

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
Aug 11, 2023
Closed on
Sep 5, 2023
Sold by
Lou Ann Pederson Survivors Trust
Bought by
Chow Justin R
Seller's Agent
Sumant Pendharkar
Moneterra
Buyer's Agent
Ramez Tabri
CENTURY 21 Masters
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
24
Current Estimated Value
$602,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,828
Avg. Annual Appreciation
0.63%
Original Mortgage
$395,000
Outstanding Balance
$386,384
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$216,444

Purchase Details

Closed on
Feb 25, 2016
Sold by
Veale Thomas F
Bought by
Revoca Veale Iv Thomas Francis and Revoca Thomas Francis Veale Iv

Purchase Details

Closed on
Dec 3, 2015
Sold by
Pederson Lou Ann
Bought by
Pederson Lou Ann and Lou Ann Pederson Survivors Tru

Purchase Details

Closed on
Jan 26, 2011
Sold by
Pederson Robert Russell
Bought by
Pederson Lou Ann

Purchase Details

Closed on
Jan 25, 2011
Sold by
Wilhelm Donna M and Wilhelm Family Trust
Bought by
Pederson Lou Ann and Veale Thomas F

Purchase Details

Closed on
May 18, 2007
Sold by
Albritton James S
Bought by
Wilhelm Donna M and Wilhelm Family Trust

Purchase Details

Closed on
Apr 30, 2007
Sold by
Harmon Melissa D
Bought by
Albritton James S

Purchase Details

Closed on
Nov 30, 1998
Sold by
Mccaffery Sean R and Mccaffery Janine A
Bought by
Albritton James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.69%
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
Chow Justin R $595,000 Fidelity National Title Compan
Revoca Veale Iv Thomas Francis -- None Available
Pederson Lou Ann -- None Available
Pederson Lou Ann -- Chicago Title Company
Pederson Lou Ann -- Chicago Title Company
Wilhelm Donna M $381,000 Old Republic Title Company
Albritton James S -- Old Republic Title Company
Albritton James S $152,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Justin R $395,000
Previous Owner Albritton James S $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $595,000 -0.7% $899 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $599,000 -- $905 / 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 $7,276 $606,900 $303,450 $303,450
2024 $7,276 $595,000 $297,500 $297,500
2023 $3,596 $277,064 $138,532 $138,532
2022 $3,585 $271,632 $135,816 $135,816
2021 $3,505 $266,306 $133,153 $133,153
2020 $3,485 $263,576 $131,788 $131,788
2019 $3,340 $258,408 $129,204 $129,204
2018 $3,322 $253,342 $126,671 $126,671
2017 $3,180 $248,376 $124,188 $124,188
2016 $3,041 $243,506 $121,753 $121,753
2015 $2,967 $239,850 $119,925 $119,925
2014 $2,934 $235,152 $117,576 $117,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81938083

MLSListings

APN: 158-46-292