NOT LISTED FOR SALE

505 Cypress Point Dr Unit 59 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $584,000 - $725,000

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

Last Sold April 30, 2021

Last sale price $599,000 $905 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,483/month

17 Days on Market

Highlights

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

About This Home

As of April 2021

This lovely move-in ready home is nestled amongst mature redwood trees in a serene setting ideal for relaxation yet a short stroll to the vibrant downtown with access to restaurants, shops, trails, train station, freeways and major Silicon Valley employers. A tastefully updated top floor unit with cleverly designed office area and storage. This home features: updated kitchen with quartz countertops, soft closing cabinets, wine cooler and stainless steel appliances..updated bathroom with marble tiles, modern vanity..spacious bedroom with plush carpet, large closet & storage cabinets. The area adjacent to the kitchen is designed as an office with cabinets. The living room with recessed LED lights, media wall with cabinets, ample storage, perfect for comfortable modern living. A sliding glass door connects the dining area to a balcony with a lovely view of the expansive greenbelt. A park-like community offering two pools, spa, clubhouse, tennis courts, streams, ponds, walkways and more...

Last Agent to Sell the Property

Ghodsi Emambakhsh

Compass License #01404945 Listed on: 03/22/2021

Compass

Last Buyer's Agent

ShopProp Realty

ShopProp Inc. License #01881220

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,359

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
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Baseboard Heating

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof, water / sewer
  • Community Management Services Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,359

Year Built

1971

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Age: 50
  • Listing Class: Residential
  • 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, Microwave, Oven Range - Electric, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Tile
  • 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: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 477
  • HOA Amenities: Club House, Community Pool, Gym / Exercise Facility, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Community Management Services

Schools

  • School District: Mountain View-Los Altos Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 27, 2021
Sold by
Pomodoro Judith Jimenez and Jimenez Judith J
Bought by
Bi Sheng and Xia Juanjuan
Seller's Agent
Ghodsi Emambakhsh
Compass
Buyer's Agent
ShopProp Realty
ShopProp Inc.
List Price
$628,000
Sold Price
$599,000
Premium/Discount to List
-$29,000
-4.62%
Current Estimated Value
$637,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,496
Avg. Annual Appreciation
1.42%
Original Mortgage
$449,250
Outstanding Balance
$406,496
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$231,000

Purchase Details

Closed on
Jun 28, 2011
Sold by
Fannie Mae
Bought by
Jimenez Judith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2011
Sold by
Baricevic Tony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 12, 2007
Sold by
Pignataro Susan
Bought by
Baricevic Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Baricevic Tony
Bought by
Baricevic Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Rao Ramesh K
Bought by
Baricevic Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,625
Interest Rate
6.86%
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
Bi Sheng $599,000 Old Republic Title Company
Jimenez Judith J $223,000 Old Republic Title Company
Federal National Mortgage Association $217,945 Accommodation
Baricevic Tony -- First American Title Company
Baricevic Tony -- First American Title Company
Baricevic Tony $157,500 First American Title Guarant
Rao Ramesh K -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bi Sheng $449,250
Previous Owner Jimenez Judith J $211,850
Previous Owner Baricevic Tony $255,000
Previous Owner Baricevic Tony $255,000
Previous Owner Baricevic Tony $149,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $599,000 0.0% $905 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/02/2021 04/02/21 Price Changed $599,000 -4.6% $905 / Sq Ft
03/22/2021 03/22/21 For Sale $628,000 -- $949 / 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 $7,359 $580,000 $290,000 $290,000
2024 $7,359 $595,000 $297,500 $297,500
2023 $7,344 $590,000 $295,000 $295,000
2022 $7,720 $610,980 $305,490 $305,490
2021 $3,413 $258,762 $129,381 $129,381
2020 $3,394 $256,110 $128,055 $128,055
2019 $3,254 $251,090 $125,545 $125,545
2018 $3,236 $246,168 $123,084 $123,084
2017 $3,098 $241,342 $120,671 $120,671
2016 $2,960 $236,610 $118,305 $118,305
2015 $2,889 $233,056 $116,528 $116,528
2014 $2,857 $228,492 $114,246 $114,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81834231

MLSListings

APN: 158-46-059