NOT LISTED FOR SALE

505 Cypress Point Dr Unit 301 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $557,139 - $621,000

1 Bed
1 Bath
662 Sq Ft
$477/mo HOA Fee

Last Sold September 08, 2021

Last sale price $535,000 $808 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,210/month

171 Days on Market

Highlights

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

About This Home

As of September 2021

Welcome to Cypress Point Lakes Community - a Verdant Oasis located in the Heart of Silicon Valley. This inviting 2nd floor unit enjoys a PRIME location within this community - directly overlooking a Picturesque Pond. Beyond, the park-like grounds continue - flowing streams meandering past mature redwood trees, & in the distance, a view of 1 of the 2 pools. Other amenities include a sauna, spa, 2 tennis courts & a clubhouse complete with lounge, small gym, & pool table. This home is move-in ready, with fresh paint, updated heaters & appliances, & upgraded storage. The kitchen has a fresh new look. A new sliding screen door opens to the deck. Downtown Mountain View's fine restaurants & shops are all an easy stroll away, as is public transit including Caltrain, VTA Light Rail, and access to the Stevens Creek Trail. Finally, quick access to Highways 101, 85, 237 & Central Expwy and a close proximity to major employers like Google, Apple, Microsoft, Facebook, = TOP DRAWER LOCATION

Last Agent to Sell the Property

Richard Habenicht

Richard H. Habenicht, Broker License #00368188 Listed on: 02/19/2021

Last Buyer's Agent

Lin Cui

Maxreal License #02142108

Maxreal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,902

Year Built

  • 1971

Lot Details

  • 2,004

HOA Fees

  • $477 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry in Utility Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Separate Meters

Additional Features

  • Private Pool
  • Northwest Facing Home

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • 302 Units
  • Cypress Point Lake Association

Amenities

  • Clubhouse
  • Coin Laundry
  • Common Utility Room

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,902

Year Built

1971

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Laundry: Coin Operated, Community Facility, In Utility Room
  • Flooring: Carpet, Vinyl / Linoleum
  • 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: Yes
  • Roof: Composition
  • View: Garden / Greenbelt, Water
  • Property Faces: Northwest
  • Pool: Community Facility, Pool - In Ground, Spa - In Ground

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 477
  • HOA Amenities: Club House, Common Utility Room, Gym / Exercise Facility, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lake Association

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Isaac Newton Graham Middle
  • Elementary School: 166
  • Middle School: 163

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Sep 2, 2021
Sold by
Moniz William Francis and Moniz Judith Henrietta
Bought by
Ren Yitong and Yu Hsiao Huai
Seller's Agent
Richard Habenicht
Richard H. Habenicht, Broker
Buyer's Agent
Lin Cui
Maxreal
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%
Current Estimated Value
$593,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,285
Avg. Annual Appreciation
2.59%
Original Mortgage
$365,000
Outstanding Balance
$332,123
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$261,162
Source: Public Records

Range of Values:

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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
Ren Yitong $535,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Yitong $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $535,000 -2.7% $808 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $549,950 -1.6% $831 / Sq Ft
07/01/2021 07/01/21 Price Changed $559,000 -3.6% $844 / Sq Ft
06/18/2021 06/18/21 Price Changed $579,950 -0.9% $876 / Sq Ft
05/21/2021 05/21/21 For Sale $585,000 0.0% $884 / Sq Ft
05/21/2021 05/21/21 Price Changed $585,000 +9.3% $884 / Sq Ft
05/17/2021 05/17/21 Off Market $535,000 -- --
04/14/2021 04/14/21 Price Changed $599,950 -1.6% $906 / Sq Ft
04/06/2021 04/06/21 Price Changed $610,000 -0.4% $921 / Sq Ft
03/11/2021 03/11/21 Price Changed $612,500 -2.0% $925 / Sq Ft
02/19/2021 02/19/21 For Sale $624,950 -- $944 / 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 $6,902 $567,746 $283,873 $283,873
2024 $6,902 $556,614 $278,307 $278,307
2023 $6,814 $545,700 $272,850 $272,850
2022 $6,794 $535,000 $267,500 $267,500
2021 $1,701 $117,619 $50,262 $67,357
2020 $1,691 $116,414 $49,747 $66,667
2019 $1,628 $114,132 $48,772 $65,360
2018 $1,627 $111,895 $47,816 $64,079
2017 $1,564 $109,702 $46,879 $62,823
2016 $1,458 $107,552 $45,960 $61,592
2015 $1,426 $105,937 $45,270 $60,667
2014 $1,412 $103,863 $44,384 $59,479
Source: Public Records

Agents Affiliated with this Home

  • Richard Habenicht

    Seller's Agent in 2021

    Richard Habenicht

    Richard H. Habenicht, Broker

    (408) 998-1069

    1 in this area

    5 Total Sales

    Richard Habenicht
    Section Image

  • L

    Buyer's Agent in 2021

    Lin Cui

    Maxreal

    Section Image
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Map

Source: MLSListings

MLS Number: ML81830600

MLSListings

APN: 158-46-301

California Santa Clara County Mountain View 94043 Rex Manor

505 Cypress Point Dr Unit 301, Mountain View, CA

This home is located at 505 Cypress Point Dr Unit 301, Mountain View, CA 94043 since 19 February 2021 and is currently estimated at $593,285, approximately $896 per square foot. This property was built in 1971. 505 Cypress Point Dr Unit 301 is a home located in Santa Clara County with nearby schools including Edith Landels Elementary School, Crittenden Middle School, and Mountain View High School.

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