NOT LISTED FOR SALE

505 Cypress Point Dr Unit 68 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $575,297 - $944,000

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

Last Sold June 26, 2014

Last sale price $433,000 $654 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,178/month

21 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Edith Landels Elementary School Rated A
  • Garden View
  • 4-minute walk to Jackson Park

About This Home

As of June 2014

Lovely 1 bed/1bath condo situated in a quiet complex with pools, tennis courts and clubhouse. Conveniently close to major highways and lively downtown Mountain View, with wonderful garden views of mature oaks and redwood trees from the patio. Features include: recessed lighting, crown moulding, wood flooring in kitchen and dining room.

Last Agent to Sell the Property

Bryan Jacobs

Realsmart Properties License #01129660 Listed on: 05/09/2014

Last Buyer's Agent

Yanjie Dong

Maxreal Property License #01377923

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1971

Lot Details

  • 2,004

Parking

  • 1 Carport Space

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Garden Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-068

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, sewer, common area electricity, insurance - liability
  • Cypress Point Association
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,471

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 43
  • Sale Price Per Sq Ft: 654.08
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 662
  • Complex Name: Cypress Point Lakes
  • 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: Dining "L", Eat in Kitchen
  • Living Sq Ft: 662
  • Stories: 1
  • Flooring: Carpet - Area, Wood
  • 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

Exterior Features

  • View: Garden / Greenbelt

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Baseboard

Condo/Co-op/Association

  • HOA Fees: 363
  • HOA Amenities: Club House, Garden / Greenbelt / Trails, Community Pool, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Sewer, Common Area Electricity, Insurance - Liability
  • H O A Name Text: Cypress Point
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-068
  • List Price per Sq Ft: 601.21
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2000.00
  • Lot Size Area Min Search: 2000.00
  • Maximum Lot Size: 2000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 22, 2014
Sold by
Russell Mark S
Bought by
Veygman Ilya and Wang Antonia
Seller's Agent
Bryan Jacobs
Realsmart Properties
Buyer's Agent
Yanjie Dong
Maxreal Property
List Price
$398,000
Sold Price
$433,000
Premium/Discount to List
$35,000
8.79%
Current Estimated Value
$683,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,824
Avg. Annual Appreciation
4.13%
Original Mortgage
$368,000
Outstanding Balance
$279,592
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$404,232

Purchase Details

Closed on
Nov 21, 2003
Sold by
Ursu Anne and Broich John
Bought by
Russell Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Cochran Ronald R and Cochran Carol S
Bought by
Broich John and Ursu Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.08%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Cochran Carol S and Cochran Ronald R
Bought by
Cochran Ronald R and Cochran Carol S

Purchase Details

Closed on
Jul 17, 1998
Sold by
Cochran Ronald R and Cochran Carol S
Bought by
Cochran Ronald R and Cochran Carol S
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
Veygman Ilya $433,000 Chicago Title Company
Russell Mark S $265,000 Financial Title Company
Broich John $293,000 Stewart Title
Cochran Ronald R -- --
Cochran Ronald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veygman Ilya $368,000
Previous Owner Russell Mark S $251,750
Previous Owner Broich John $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $433,000 +8.8% $654 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $398,000 0.0% $601 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $398,000 -- $601 / 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 $6,471 $530,784 $265,392 $265,392
2024 $6,471 $520,378 $260,189 $260,189
2023 $6,388 $510,176 $255,088 $255,088
2022 $6,370 $500,174 $250,087 $250,087
2021 $6,223 $490,368 $245,184 $245,184
2020 $6,188 $485,340 $242,670 $242,670
2019 $5,922 $475,824 $237,912 $237,912
2018 $5,876 $466,496 $233,248 $233,248
2017 $5,616 $457,350 $228,675 $228,675
2016 $5,425 $448,384 $224,192 $224,192
2015 $5,289 $441,650 $220,825 $220,825
2014 $3,771 $307,348 $153,674 $153,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81417259

MLSListings

APN: 158-46-068