NOT LISTED FOR SALE

505 Cypress Point Dr Unit 53 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $565,872 - $915,000

1 Bed
1 Bath
662 Sq Ft
2,004 Sq Ft Lot

Last Sold April 01, 2014

Last sale price $445,000 $672 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,092/month

8 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Edith Landels Elementary School Rated A
  • Ground Level Unit
  • 4-minute walk to Jackson Park

About This Home

As of April 2014

Ground floor condo offers a kitchen with newer appliances, crisp white cabinets and Corian counters. The dining room overlooks the green belt.Large living room. Crown molding and bamboo floors throughout. Custom slate tile floor and tub surround including a newer vanity w/ black granite counter in bathroom.Enjoy multiple pools, tennis courts, and clubhouse. Close to downtown, shopping and freeway.

Last Agent to Sell the Property

Nathan Nunes

Corcoran Icon Properties License #01383064 Listed on: 03/05/2014

Corcoran Icon Properties

Last Buyer's Agent

Brian Chuck

Brian Chuck, Broker License #01903765

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1971

Lot Details

  • 2,004

Parking

  • 1 Carport Space

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Additional Features

  • Ground Level Unit
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-053

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, sewer, garbage, insurance - earthquake, insurance - liability
  • Cp Lakes Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,643

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 43
  • Sale Price Per Sq Ft: 672.21
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 662
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 4
  • Map Top Coordinate: J
  • Thomas Bros Page: 811
  • Thomas Brothers: J4
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 662
  • Stories: 1
  • Flooring: Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Baseboard

Condo/Co-op/Association

  • HOA Fees: 362
  • HOA Amenities: Club House, Community Pool, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Sewer, Garbage, Insurance - Earthquake, Insurance - Liability
  • H O A Name Text: CP LAKES
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-053
  • List Price per Sq Ft: 602.72
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Mar 26, 2014
Sold by
Stevenson Casey and Vergez Teresa M
Bought by
Chiam Yuan
Seller's Agent
Nathan Nunes
Corcoran Icon Properties
Buyer's Agent
Brian Chuck
Brian Chuck, Broker
List Price
$399,000
Sold Price
$445,000
Premium/Discount to List
$46,000
11.53%
Current Estimated Value
$664,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,718
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Stevenson Casey
Bought by
Stevenson Casey and Vergez Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Heinemeier Greta G and Heinemeier Kristin E
Bought by
Stevenson Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1994
Sold by
Heinemeier Greta G
Bought by
Heinemeier Greta G and Heinemeier Thomas J

Purchase Details

Closed on
Apr 4, 1994
Sold by
Heinemeier Greta G and Heinemeier Thomas J
Bought by
Heinemeier Greta G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.38%
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
Chiam Yuan $445,000 First American Title Company
Stevenson Casey -- First American Title Company
Stevenson Casey $335,000 Alliance Title Company
Heinemeier Greta G -- --
Heinemeier Greta G -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevenson Casey $270,000
Previous Owner Stevenson Casey $268,000
Previous Owner Heinemeier Greta G $97,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $445,000 +11.5% $672 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $399,000 -- $603 / 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 $6,643 $545,500 $272,750 $272,750
2024 $6,643 $534,804 $267,402 $267,402
2023 $6,643 $524,318 $262,159 $262,159
2022 $6,539 $514,038 $257,019 $257,019
2021 $6,388 $503,960 $251,980 $251,980
2020 $6,352 $498,794 $249,397 $249,397
2019 $6,078 $489,014 $244,507 $244,507
2018 $6,031 $479,426 $239,713 $239,713
2017 $5,764 $470,026 $235,013 $235,013
2016 $5,570 $460,810 $230,405 $230,405
2015 $5,430 $453,890 $226,945 $226,945
2014 $4,537 $373,452 $186,726 $186,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81406869

MLSListings

APN: 158-46-053