NOT LISTED FOR SALE

505 Cypress Point Dr Unit 70 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $669,000 - $795,000

2 Beds
1 Bath
843 Sq Ft
$403/mo HOA Fee

Last Sold October 17, 2017

Last sale price $770,000 $913 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,005/month

23 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Tennis Courts
  • Edith Landels Elementary School Rated A
  • Sauna
  • 4-minute walk to Jackson Park

About This Home

As of October 2017

Located in the quiet Cypress Point Lakes Complex, close to Google and only 1/4 mile from desirable downtown Castro Street. This private first floor condo has 2 bedrooms / 1 bath. Freshly painted interior and beautiful hardwood floors throughout. Perfect for a first time buyer, investor or elderly buyer seeking a ground floor unit. Second bedroom with built-in cabinets and desk. Complex features 2 swimming pools, spa, tennis courts, club house, Lakes, streams and greenbelt walkways.

Last Agent to Sell the Property

Michael Warren

Compass License #01968537 Listed on: 09/07/2017

Compass

Last Buyer's Agent

Maryann Ernst

Coldwell Banker Realty License #01758548

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,906

Year Built

  • Built in 1971

Lot Details

  • 1,999

HOA Fees

  • $403 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-070

Community Details

Overview

  • Association fees include common area electricity, decks, fencing, maintenance - exterior, pool spa or tennis, roof, water / sewer
  • 302 Units
  • Cypress Point Lakes Association
  • Built by Cypress Point Lakes

Amenities

  • Sauna
  • Laundry Facilities
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,906

Year Built

Built in 1971

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 46
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 843
  • 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: Breakfast Nook
  • Kitchen: Cooktop - Electric, Dishwasher, Microwave, Oven - Electric
  • Living Sq Ft: 843
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 403
  • HOA Amenities: Common Utility Room, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Fencing, Maintenance - Exterior, Pool, Spa, or Tennis, Roof, Water / Sewer
  • 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: 158-46-070
  • Lot Acres: 0.0459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2000.00

Multi Family

  • Utilities: 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
Sep 7, 2017
Closed on
Oct 9, 2017
Sold by
Hansen Carol C and Christiani Living Trust
Bought by
Bhatt Jay and Bhatt Morgane
Seller's Agent
Michael Warren
Compass
Buyer's Agent
Maryann Ernst
Coldwell Banker Realty
List Price
$788,000
Sold Price
$770,000
Premium/Discount to List
-$18,000
-2.28%
Current Estimated Value
$725,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,828
Avg. Annual Appreciation
-0.75%
Original Mortgage
$539,000
Outstanding Balance
$450,217
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$274,955
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
Bhatt Jay $770,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Jay $539,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $770,000 -2.3% $913 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $788,000 -- $935 / 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 $8,906 $720,000 $360,000 $360,000
2024 $8,906 $725,000 $362,500 $362,500
2023 $10,279 $835,000 $417,500 $417,500
2022 $9,848 $792,600 $396,300 $396,300
2021 $9,503 $767,600 $383,800 $383,800
2020 $9,377 $754,000 $377,000 $377,000
2019 $9,514 $785,400 $392,700 $392,700
2018 $9,430 $770,000 $385,000 $385,000
2017 $2,637 $208,735 $83,493 $125,242
2016 $2,507 $204,643 $81,856 $122,787
2015 $2,446 $201,570 $80,627 $120,943
2014 $2,418 $197,622 $79,048 $118,574
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Warren

    Compass

    Section Image

  • M

    Buyer's Agent in 2017

    Maryann Ernst

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81676878

MLSListings

APN: 158-46-070

California Santa Clara County Mountain View 94043 Rex Manor

505 Cypress Point Dr Unit 70, Mountain View, CA

This home is located at 505 Cypress Point Dr Unit 70, Mountain View, CA 94043 since 07 September 2017 and is currently estimated at $725,172, approximately $860 per square foot. This property was built in 1971. 505 Cypress Point Dr Unit 70 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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