NOT LISTED FOR SALE

505 Cypress Point Dr Unit 50 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $554,790 - $614,000

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

Last Sold July 13, 2021

Last sale price $524,000 $792 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,163/month

27 Days on Market

Highlights

  • Private Pool
  • Corian Countertops
  • Dining Area
  • Edith Landels Elementary School Rated A
  • Baseboard Heating
  • 4-minute walk to Jackson Park

About This Home

As of July 2021

Price Reduced. Seller wants it SOLD. Cheapest One Bedroom Condo in Mountain View- Park like setting in Cypress Pt with tall redwood trees, plants, ponds,streams and gazebo. The community includes 2 heated pools, hot tub, exercise room, tennis courts, bike racks, club house you can reserve for your personal parties from HOA. One of the lowest priced properties in Mountain View. 1st floor unit in desirable Cypress Point Lakes. Recent upgrades include, fresh interior paint, new vinyl and carpet floor coverings, stone counter top in kitchen, new appliances. Close to Downtown Castro, Caltrain and VTA, Close proximity to 101 and the 85. Complex boasts 2 swimming pools, hot tub, Tennis Courts and clubhouse set in lush green spaces and streams

Last Agent to Sell the Property

Marc Romer

RE/MAX Gold License #00928979 Listed on: 05/13/2021

Last Buyer's Agent

Nadia Ansari

Nadia Ansari Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,575

Year Built

  • 1971

Lot Details

  • 2,004

HOA Fees

  • $477 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - earthquake, insurance - homeowners, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • Cypress Pt Lakes Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,575

Year Built

1971

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • 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: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cypress Pt Lake
  • HOA Fees: 477
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Pt Lakes

Schools

  • School District: Mountain View-Los Altos Union High

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 7, 2021
Sold by
Wallace Darren E and Rodneyw Angove Living Trust
Bought by
Aleti Sravanthi Reddy and Chamakura Suraj R
Seller's Agent
Marc Romer
RE/MAX Gold
Buyer's Agent
Nadia Ansari
Nadia Ansari Broker
List Price
$559,000
Sold Price
$524,000
Premium/Discount to List
-$35,000
-6.26%
Current Estimated Value
$589,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,698
Avg. Annual Appreciation
2.83%
Original Mortgage
$393,000
Outstanding Balance
$356,587
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$233,111

Purchase Details

Closed on
Dec 11, 2020
Sold by
Rodney W Angove Living Trust and Angove Rodney W
Bought by
Rodney W Angove Living Trust and Wallace
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
Aleti Sravanthi Reddy $524,000 Lawyers Title Company
Rodney W Angove Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleti Sravanthi Reddy $393,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $524,000 -0.9% $792 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $529,000 -5.4% $799 / Sq Ft
05/13/2021 05/13/21 For Sale $559,000 -- $844 / 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 $6,575 $556,070 $278,035 $278,035
2024 $6,575 $545,168 $272,584 $272,584
2023 $6,575 $534,480 $267,240 $267,240
2022 $6,469 $524,000 $262,000 $262,000
2021 $2,815 $225,174 $107,914 $117,260
2020 $2,680 $222,866 $106,808 $116,058
2019 $2,560 $218,497 $104,714 $113,783
2018 $2,546 $214,213 $102,661 $111,552
2017 $2,430 $210,014 $100,649 $109,365
2016 $2,365 $205,897 $98,676 $107,221
2015 $2,304 $202,805 $97,194 $105,611
2014 $2,277 $198,834 $95,291 $103,543
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marc Romer

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2021

    Nadia Ansari

    Nadia Ansari Broker

    Section Image

  • B

    Buyer's Agent in 2021

    Bikram Singh

    A to B Realty

    (408) 550-3885

    1 in this area

    13 Total Sales

    Bikram Singh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81843654

MLSListings

APN: 158-46-050

California Santa Clara County Mountain View 94043 Rex Manor

505 Cypress Point Dr Unit 50, Mountain View, CA

This home is located at 505 Cypress Point Dr Unit 50, Mountain View, CA 94043 since 13 May 2021 and is currently estimated at $589,698, approximately $890 per square foot. This property was built in 1971. 505 Cypress Point Dr Unit 50 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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