NOT LISTED FOR SALE

505 Cypress Point Dr Unit 302 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $570,000 - $619,000

1 Bed
1 Bath
658 Sq Ft
$549/mo HOA Fee

Last Sold April 17, 2024

Last sale price $619,000 $941 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,341/month

28 Days on Market

Highlights

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

About This Home

As of April 2024

Situated on the top floor, this meticulously maintained end unit is nestled in a prime location within the Cypress Point Lakes Community. Upon entry is a spacious living room with a dual paned sliding door to a balcony, overlooking the pond and redwood trees. Key elements include granite countertop in the kitchen and bathroom, bedroom with ample closet space, entry closet, and enclosed outdoor storage space. The location is incredibly convenient, just blocks away from downtown Mountain View's restaurants, shops, and Farmer's Market. The proximity to CalTrain, and quick access to highways 101 and 85 make commuting a breeze. The community amenities include a pool, hot tub, tennis court, and well-maintained common areas. An assigned parking space is right outside your door, providing ease and accessibility. Don't miss the opportunity to make this charming condo your new home!

Last Agent to Sell the Property

Krystal Pung

Compass License #01915345 Listed on: 02/14/2024

Compass

Co-Listed By

Boyenga Team

Compass License #70010882

Last Buyer's Agent

Mollie Teames

Granite Equity Group License #02023593

Granite Equity Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,382

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $549 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 658 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

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

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Shed

Additional Features

  • End Unit
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-302

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof
  • 302 Units
  • Cypress Point Lakes HOA
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,382

Year Built

Built in 1971

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Rules
  • Age: 53
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 302
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 658
  • 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: Dining "L", Dining Area
  • Living Sq Ft: 658
  • 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, Granite

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Fenced, Community Facility
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Storage Shed / Structure
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 549
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof
  • H O A Name Text: Cypress Point Lakes HOA
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Pond On Site
  • Parcel Number: 158-46-302

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit, Unit Faces Common Area

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 14, 2024
Closed on
May 21, 2024
Sold by
Stephens Kelly M
Bought by
Kelly Stephens Trust and Stephens
Seller's Agent
Krystal Pung
Compass
Buyer's Agent
Mollie Teames
Granite Equity Group
List Price
$599,000
Sold Price
$619,000
Premium/Discount to List
$20,000
3.34%
Views
59
Current Estimated Value
$596,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,054
Avg. Annual Appreciation
-2.44%

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 21, 2024
Sold by
Esmael Mufuddal
Bought by
Stephens Kelly M
Seller's Agent
Krystal Pung
Compass
Buyer's Agent
Mollie Teames
Granite Equity Group
List Price
$599,000
Sold Price
$619,000
Premium/Discount to List
$20,000
3.34%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,050
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 26, 2017
Sold by
Simirenko Marie J
Bought by
Esmael Mufuddal
Seller's Agent
Bruce Richmond
Intero Real Estate Services
Buyer's Agent
Tri Pham
Selective Realty Inc
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Original Mortgage
$496,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 1997
Sold by
Guislin John A
Bought by
Simirenko Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.49%
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
Kelly Stephens Trust -- None Listed On Document
Stephens Kelly M $619,000 Fidelity National Title Compan
Esmael Mufuddal $620,000 Chicago Title Company
Simirenko Marie J $136,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephens Kelly M $588,050
Previous Owner Esmael Mufuddal $496,000
Previous Owner Simirenko Marie J $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2024 04/17/24 Sold $619,000 0.0% $941 / Sq Ft
04/02/2024 04/02/24 Price Changed $619,000 0.0% $941 / Sq Ft
03/15/2024 03/15/24 Price Changed $619,000 0.0% $941 / Sq Ft
03/14/2024 03/14/24 Price Changed $619,000 +3.3% $941 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $599,000 -3.4% $910 / Sq Ft
10/31/2017 10/31/17 Sold $620,000 0.0% $942 / Sq Ft View Prior Sale
09/21/2017 09/21/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $620,000 -- $942 / 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 $7,382 $631,380 $315,690 $315,690
2024 $7,382 $620,000 $310,000 $310,000
2023 $7,070 $590,000 $295,000 $295,000
2022 $7,750 $636,100 $318,000 $318,100
2021 $7,472 $616,000 $308,000 $308,000
2020 $7,297 $599,000 $299,500 $299,500
2019 $7,589 $632,400 $316,200 $316,200
2018 $7,525 $620,000 $310,000 $310,000
2017 $2,194 $187,094 $93,547 $93,547
2016 $2,134 $183,426 $91,713 $91,713
2015 $2,078 $180,672 $90,336 $90,336
2014 $2,054 $177,134 $88,567 $88,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81954340

MLSListings

APN: 158-46-302