NOT LISTED FOR SALE

505 Cypress Point Dr Unit 8 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $579,000 - $676,000

1 Bed
1 Bath
662 Sq Ft
$526/mo HOA Fee

Last Sold May 09, 2023

Last sale price $620,000 $937 Per Sq Ft

Current estimated payment $4,456/month

9 Days on Market

Highlights

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

About This Home

As of May 2023

** Location!! ** Affordable!! ** Looking for a relaxing sweet home after a long day? Beautifully maintained and upgraded affordable condo sits in a highly sought great neighborhood! Living with privileges in "Cypress Point Community". The PENTHOUSE-like the top floor is located from a panoramic overview of the forest life and is surrounded by green trees all year around. This great unit features: an updated kitchen and bathroom, recently replaced new kitchen appliances, new lighting fixtures, and fresh paint. Gorgeous patio views for enjoying a glass of wine or tea during a beautiful sunset. Storage on the patio, open and airy modern style layout, assigned covered parking, conveniently located to major HWY, shops, restaurants, IT companies, and many more.**Extensive HOA like a "Resort", covers water, garbage, 2 pools, a spa, a clubhouse with an exercise room, sauna, and tennis & volleyball courts. Perfect for the starter home buyer or investor. Must see one because it won't last long!

Last Agent to Sell the Property

Annie Youn

New Star Realty Silicon Valley License #01771631 Listed on: 03/27/2023

Last Buyer's Agent

Jennifer Guarnera

Real Estate Experts ERA Powered License #02131405

Real Estate Experts ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,721

Year Built

  • Built in 1971

Lot Details

  • 2,004

HOA Fees

  • $526 Monthly HOA Fees

Property Views

  • Forest
  • Garden
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Storage Room

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • No Garage
  • On-Street Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 158-46-008

Community Details

Overview

  • Association fees include exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, water / sewer
  • 302 Units
  • Cypress Point Lakes Association, Inc. Association
  • Built by Cypress Point Lakes
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,721

Year Built

Built in 1971

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 52
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 302
  • Structure Sq Ft: 662
  • Complex Name: Cypress Point Lakes
  • Year Built: 1971
  • Zoning Description: R3-2*
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Countertop - Synthetic, Dishwasher, Microwave, Oven - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 662
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Forest / Woods, Garden / Greenbelt, Greenbelt, Park
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, No Garage, On Street
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Recreation Room, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Budget, Bylaws, CC&RS, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Roof, Water / Sewer
  • H O A Name Text: Cypress Point Lakes Association, Inc.
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 158-46-008

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
Mar 27, 2023
Closed on
Apr 20, 2023
Sold by
Choi Family Trust
Bought by
Pinnock Renard
Seller's Agent
Annie Youn
New Star Realty Silicon Valley
Buyer's Agent
Jennifer Guarnera
Real Estate Experts ERA Powered
List Price
$589,800
Sold Price
$620,000
Premium/Discount to List
$30,200
5.12%
Views
66
Current Estimated Value
$619,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111
Avg. Annual Appreciation
-0.01%
Original Mortgage
$117,000
Outstanding Balance
$8,396
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$611,493

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 19, 2023
Sold by
Johnson Christina Anieta
Bought by
Pinnock Renardo
Seller's Agent
Annie Youn
New Star Realty Silicon Valley
Buyer's Agent
Jennifer Guarnera
Real Estate Experts ERA Powered
List Price
$589,800
Sold Price
$620,000
Premium/Discount to List
$30,200
5.12%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$8,396
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$611,493

Purchase Details

Closed on
Jun 2, 2017
Sold by
Choi Hojoon and Lee Hyunjoo
Bought by
Choi Hojoon and Lee Hyunjoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Choi Hojoon and Lee Hyunjoo
Bought by
Choi Family Trust

Purchase Details

Listed on
May 18, 2014
Closed on
Jun 24, 2014
Sold by
Dixit Amy Rachel
Bought by
Choi Hojoon
Seller's Agent
Eric Marenco
Help-U-Sell Mid-Peninsula
Buyer's Agent
Shawn Chen
Intero Real Estate Services
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$240,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 18, 2014
Closed on
Jun 16, 2014
Sold by
Lee Hyunjoo
Bought by
Choi Hojoon
Seller's Agent
Eric Marenco
Help-U-Sell Mid-Peninsula
Buyer's Agent
Shawn Chen
Intero Real Estate Services
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2011
Sold by
Kirby Stephen A
Bought by
Dixit Amy Rachel

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
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Der Balian George
Bought by
Kirby Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Pinnock Renard $620,000 Lawyers Title Company
Pinnock Renardo -- Lawyers Title
Choi Hojoon -- North American Title Co Inc
Choi Family Trust -- None Available
Choi Hojoon -- None Available
Choi Hojoon $440,000 First American Title Company
Choi Hojoon -- First American Title Company
Dixit Amy Rachel $219,000 Chicago Title Company
Kirby Stephen A $350,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnock Renard $117,000
Open Pinnock Renard $497,250
Previous Owner Choi Hojoon $150,000
Previous Owner Choi Hojoon $240,000
Previous Owner Dixit Amy Rachel $175,000
Previous Owner Kirby Stephen A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $620,000 +5.1% $937 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $589,800 +34.0% $891 / Sq Ft
07/09/2014 07/09/14 Sold $440,000 +2.6% $665 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $429,000 -- $648 / 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 $7,721 $645,048 $322,524 $322,524
2024 $7,721 $632,400 $316,200 $316,200
2023 $6,365 $508,274 $254,137 $254,137
2022 $6,347 $498,308 $249,154 $249,154
2021 $6,201 $488,538 $244,269 $244,269
2020 $6,166 $483,530 $241,765 $241,765
2019 $5,901 $474,050 $237,025 $237,025
2018 $5,855 $464,756 $232,378 $232,378
2017 $5,596 $455,644 $227,822 $227,822
2016 $5,405 $446,710 $223,355 $223,355
2015 $5,270 $440,000 $220,000 $220,000
2014 $2,809 $224,394 $112,197 $112,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81921548

MLSListings

APN: 158-46-008