NOT LISTED FOR SALE

505 Cypress Point Dr Unit 31 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $558,482 - $602,000

1 Bed
1 Bath
668 Sq Ft
$550/mo HOA Fee

Last Sold July 26, 2024

Last sale price $573,000 $858 Per Sq Ft

Current estimated payment $4,062/month

72 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Granite Countertops
  • Edith Landels Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Jackson Park

About This Home

As of July 2024

Welcome to this turn key, 1 bedroom unit, located on the top floor of the highly desirable Cypress Point Lakes complex. An updated kitchen and bath, spacious entryway closet. double pane windows and a large mirrored bedroom closet wall complete with cedar flooring and closet organizers. The quiet, lightly shaded balcony, is perfect for relaxing anytime. Enclosed private outdoor storage closet. This special community offers a park like setting with peaceful redwoods, meandering pathways, lush lawns, streams, lakes, pools, spas, a clubhouse, tennis courts and bike storage. Fantastic Mountain View location, only two blocks from Caltrain, light rail, and the lively and restaurant filled Castro Street.

Last Agent to Sell the Property

Lisa Walker

Compass License #01229593 Listed on: 04/16/2024

Compass

Last Buyer's Agent

John Jenkins

Compass License #01291177

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area
  • Storage Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Lighted Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Outdoor Features

  • Balcony

Utilities

  • Heating Available
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-46-031

Community Details

Overview

  • Association fees include exterior painting, fencing, garbage, landscaping / gardening, management fee, pool spa or tennis, reserves, roof, common area electricity, insurance - common area
  • 302 Units
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,528

Year Built

Built in 1971

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Age - No Restrictions
  • Age: 53
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 668
  • 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 Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 668
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - In Ground, Pool - Fenced, Spa - In Ground, Spa - Fenced, Community Facility
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking, Lighted Parking Area, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Amenities: Club House, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Fencing, Garbage, Landscaping / Gardening, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Common Area Electricity, Insurance - Common Area
  • H O A Name Text: Cypress Point Lakes
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-031

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, 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
Apr 16, 2024
Closed on
Jul 19, 2024
Sold by
Digregorio Becki M and Digregorio Becket P
Bought by
Ikemoto Naoka
Seller's Agent
Lisa Walker
Compass
Buyer's Agent
John Jenkins
Compass
List Price
$599,000
Sold Price
$573,000
Premium/Discount to List
-$26,000
-4.34%
Views
45
Current Estimated Value
$573,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121
Avg. Annual Appreciation
0.02%
Original Mortgage
$320,000
Outstanding Balance
$316,149
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$256,973

Purchase Details

Closed on
Sep 7, 2007
Sold by
Williams James G
Bought by
Williams Geraldine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2007
Sold by
Mapes Ryan A
Bought by
Digregorio Becki M and Williams Geraldine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 1998
Sold by
Lee Yong J
Bought by
Mapes Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.66%

Purchase Details

Closed on
Dec 10, 1997
Sold by
Sahagun Alfred L and Sahagun Janice A
Bought by
Lee Yong J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.23%

Purchase Details

Closed on
Dec 4, 1997
Sold by
Lee Mison
Bought by
Lee Yong J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.23%
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
Ikemoto Naoka $573,000 Old Republic Title
Williams Geraldine D -- First American Title Company
Digregorio Becki M $349,000 First American Title Company
Mapes Ryan A $157,500 Old Republic Title Company
Lee Yong J -- Old Republic Title Company
Lee Yong J $129,000 Old Republic Title Company
Lee Yong J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikemoto Naoka $320,000
Previous Owner Williams Geraldine D $100,000
Previous Owner Digregorio Becki M $150,000
Previous Owner Mapes Ryan A $149,600
Previous Owner Lee Yong J $96,750
Previous Owner Lee Yong J $19,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $573,000 -2.1% $858 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $585,000 -2.3% $876 / Sq Ft
04/16/2024 04/16/24 For Sale $599,000 -- $897 / 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 $5,528 $573,000 $286,500 $286,500
2024 $5,528 $448,130 $224,065 $224,065
2023 $5,456 $439,344 $219,672 $219,672
2022 $5,439 $430,730 $215,365 $215,365
2021 $5,313 $422,286 $211,143 $211,143
2020 $5,281 $417,956 $208,978 $208,978
2019 $5,054 $409,762 $204,881 $204,881
2018 $5,016 $401,728 $200,864 $200,864
2017 $4,795 $393,852 $196,926 $196,926
2016 $4,620 $386,130 $193,065 $193,065
2015 $4,503 $380,330 $190,165 $190,165
2014 $4,450 $372,880 $186,440 $186,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81961678

MLSListings

APN: 158-46-031