NOT LISTED FOR SALE

505 Cypress Point Dr Unit 299 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $581,000 - $672,000

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

Last Sold March 10, 2023

Last sale price $585,000 $884 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,424/month

7 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Clubhouse
  • Edith Landels Elementary School Rated A
  • In Ground Pool
  • 4-minute walk to Jackson Park

About This Home

As of March 2023

Enjoy wonderful views of the Lake from your ground floor back patio! Simply open the front door, step into a spacious living rm, and enjoy the beautiful, serenity of a lake adjacent to your back patio. The Dining "L" also captures the lake's tranquility, enhancing your mealtimes. An upgraded, all electric kitchen boasts tile floors, newly decorated countertops, generous cabinets. Down the hall finds a well-appointed bathroom with a shower over tub, and a generously-sized bedroom. All this in a community of 2 lakes, flowing streams and mature redwood trees. Other amenities include a sauna, spa, tennis courts and a clubhouse complete with lounge, small gym. All this within walking distance of Downtown Castro Street and public transit: Busses, Caltrain, Light Rail, and with easy access to the Stevens Creek Trail. In addition this complex offers easy access to Hwys 101, 85, 237 & Central Expressway and a close proximity to major employers like Google, Apple, Microsoft, Facebook, LinkedIn.

Last Agent to Sell the Property

Steve Davis

Coldwell Banker Realty License #01162166 Listed on: 02/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Kayla Drake

eXp Realty of California License #02178430

eXp Realty of California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,379

Year Built

  • Built in 1971

Lot Details

  • North Facing Home
  • Wood Fence

HOA Fees

  • $526 Monthly HOA Fees

Property Views

  • Water
  • Forest

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Synthetic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Assigned Parking

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Separate Meters
  • 220 Volts

Additional Features

  • In Ground Spa
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 158-46-299

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, insurance - earthquake, insurance - liability, maintenance - common area, pool spa or tennis, recreation facility, reserves, roof, unit coverage insurance, water / sewer
  • 302 Units
  • Cypress Point Lakes Association, Inc. Association
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,379

Year Built

Built in 1971

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 52
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • Complex Name: Cypress Point Lakes
  • Incorporated: Yes
  • 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"
  • Kitchen: 220 Volt Outlet, Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Community Facility
  • Flooring: Laminate
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full on Ground Floor, Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground, Spa - In Ground
  • Roof: Composition
  • View: Forest / Woods, Water
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Fencing: Wood
  • Property Faces: North
  • Construction Type: Stucco, Wood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Recreation Room, 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, Exterior Painting, Garbage, Hot Water, Insurance - Earthquake, Insurance - Liability, Maintenance - Common Area, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Unit Coverage Insurance, 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: 158-46-299
  • Lot Acres: 0.0163
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 709.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 709.00

Multi Family

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

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 27, 2023
Sold by
Talios Joseph Andrew
Bought by
Ellks Christie A and Ellks Richard
Seller's Agent
Steve Davis
Coldwell Banker Realty
Buyer's Agent
Kayla Drake
eXp Realty of California
List Price
$579,888
Sold Price
$585,000
Premium/Discount to List
$5,112
0.88%
Views
34
Current Estimated Value
$616,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,767
Avg. Annual Appreciation
2.08%
Original Mortgage
$567,450
Outstanding Balance
$549,635
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$67,132

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 6, 2021
Sold by
Miller Steven Wesley and Miller Sandra K
Bought by
Talios Joseph Andrew
Seller's Agent
Barbara Williams
Compass
Buyer's Agent
Steve Davis
Coldwell Banker Realty
List Price
$615,000
Sold Price
$585,000
Premium/Discount to List
-$30,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$555,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2009
Sold by
Miller Sandra K and Patsie L Wallis Living Trust
Bought by
Miller Sandra K and Miller Steven Wesley

Purchase Details

Closed on
Jan 31, 2005
Sold by
Barry Glenn T
Bought by
Wallis Patsie L and Patsie L Wallis Living Trust

Purchase Details

Closed on
Oct 29, 1999
Sold by
Blach Philip S and Blach Marie
Bought by
Barry Glenn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.75%

Purchase Details

Closed on
Oct 8, 1993
Sold by
Petillo Steven L
Bought by
Blach Philip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,950
Interest Rate
6.81%
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
Ellks Christie A $585,000 Cornerstone Title Company
Talios Joseph Andrew $585,000 Old Republic Title Company
Miller Sandra K -- None Available
Wallis Patsie L $330,000 First American Title Company
Barry Glenn T $160,000 Old Republic Title Company
Blach Philip S $122,500 American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellks Christie A $567,450
Previous Owner Talios Joseph Andrew $555,750
Previous Owner Barry Glenn T $128,000
Previous Owner Blach Philip S $124,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $585,000 +0.9% $884 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $579,888 -0.9% $876 / Sq Ft
05/14/2021 05/14/21 Sold $585,000 -2.2% $884 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $598,000 -2.8% $903 / Sq Ft
03/16/2021 03/16/21 For Sale $615,000 -- $929 / 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 $7,379 $608,634 $304,317 $304,317
2024 $7,379 $596,700 $298,350 $298,350
2023 $7,284 $584,999 $292,400 $292,599
2022 $7,546 $596,700 $298,350 $298,350
2021 $4,315 $333,100 $166,550 $166,550
2020 $4,291 $329,686 $164,843 $164,843
2019 $4,110 $323,222 $161,611 $161,611
2018 $4,083 $316,886 $158,443 $158,443
2017 $3,906 $310,674 $155,337 $155,337
2016 $3,751 $304,584 $152,292 $152,292
2015 $3,659 $300,010 $150,005 $150,005
2014 $3,618 $294,134 $147,067 $147,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916936

MLSListings

APN: 158-46-299