NOT LISTED FOR SALE

505 Cypress Point Dr Unit 82 Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $704,000 - $801,000

2 Beds
1 Bath
843 Sq Ft
$496/mo HOA Fee

Last Sold October 28, 2021

Last sale price $710,000 $842 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,387/month

10 Days on Market

Highlights

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

About This Home

As of October 2021

Within 10 miles of dozens of Fortune 500 employers, Stanford University, and a half mile from downtown Mountain View's chic restaurants and shopping, Cypress Point Lakes feels far removed from Bay Area bustle due to serene, sylvan setting. Ground floor unit near parking includes hardwood flooring throughout, two large bedrooms, bathroom w/ shower over tub, spacious kitchen w/ beautiful cabinets, granite counters, new stainless steel dishwasher, microwave, and stove, as well as a large private patio w/ great unobstructed sun exposure. HOA dues include water, garbage, exterior maintenance, central pool, two tennis courts, clubhouse and gym, and maintenance of gorgeous grounds replete w/ majestic redwoods, vast greenbelts, calming ponds and streams that attract ducks and other adorable wildlife. Two pets allowed for further life enjoyment and stress reduction. Community FHA-approved for those w/ low down payments but high ambitions, and assigned public schools are excellent.

Last Agent to Sell the Property

Brett Bynum

KW Bay Area Estates License #01728689 Listed on: 09/17/2021

KW Bay Area Estates

Last Buyer's Agent

Brad Garofalo

Real Estate Experts License #01464843

Real Estate Experts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,069

Year Built

  • 1971

Lot Details

  • 2,004

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Baseboard Heating

Community Details

Overview

  • Association fees include exterior painting, fencing, garbage, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, water, water / sewer
  • Cypress Point Lakes Managed By Cms Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,069

Year Built

1971

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Zoning: R3-2*
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 50
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 843
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook
  • Living Sq Ft: 843
  • Stories: 1
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Cypress Point Lakes
  • HOA Fees: 496
  • HOA Amenities: Club House, Community Pool, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Fencing, Garbage, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cypress Point Lakes managed by CMS

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Crittenden Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 1083

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 19, 2021
Sold by
Sikic Branimir I and Sikic Diane M
Bought by
Matei Ion
Seller's Agent
Brett Bynum
KW Bay Area Estates
Buyer's Agent
Brad Garofalo
Real Estate Experts
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Current Estimated Value
$755,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,375
Avg. Annual Appreciation
2.02%
Original Mortgage
$532,500
Outstanding Balance
$490,828
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$275,369

Purchase Details

Closed on
Sep 26, 2013
Sold by
Sikic Branimir I and Sikic Diane M
Bought by
Sikic Branimir I and Sikic Diane M

Purchase Details

Closed on
Jul 21, 2010
Sold by
Sikic Andrew L
Bought by
Sikic Branimin I and Sikic Diane M

Purchase Details

Closed on
Jun 6, 2008
Sold by
Helwick Christine
Bought by
Sikic Andrew L and Sikic Branimir I

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Schave Elizabeth and Sills Jonathan
Bought by
Helwick Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.15%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 2002
Sold by
Bruce Clarence R and Bruce Revocable Trust
Bought by
Schave Elizabeth and Sills Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
6.75%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bruce Clarence R and Bruce Revocable Trust
Bought by
Bruce Clarence R and Bruce Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
6.75%
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
Matei Ion $710,000 Chicago Title Company
Sikic Branimir I -- None Available
Sikic Branimir I -- None Available
Sikic Branimin I -- None Available
Sikic Andrew L $399,000 First American Title Co
Helwick Christine $343,500 First American Title Co
Schave Elizabeth $311,000 First American Title Guarant
Bruce Clarence R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matei Ion $532,500
Previous Owner Sikic Andrew L $150,000
Previous Owner Helwick Christine $216,000
Previous Owner Schave Elizabeth $248,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $710,000 -5.3% $842 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $750,000 -- $890 / 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 $9,069 $753,456 $376,728 $376,728
2024 $9,069 $738,684 $369,342 $369,342
2023 $7,584 $610,000 $305,000 $305,000
2022 $8,927 $710,000 $355,000 $355,000
2021 $6,148 $484,172 $242,086 $242,086
2020 $6,113 $479,208 $239,604 $239,604
2019 $5,850 $469,812 $234,906 $234,906
2018 $5,806 $460,600 $230,300 $230,300
2017 $5,549 $451,570 $225,785 $225,785
2016 $5,359 $442,716 $221,358 $221,358
2015 $5,225 $436,066 $218,033 $218,033
2014 $5,164 $427,526 $213,763 $213,763
Source: Public Records

Agents Affiliated with this Home

  • Brett Bynum

    Seller's Agent in 2021

    Brett Bynum

    KW Bay Area Estates

    (408) 685-5990

    1 in this area

    32 Total Sales

    Section Image
  • Brad Garofalo

    Buyer's Agent in 2021

    Brad Garofalo

    Real Estate Experts

    (408) 460-5083

    1 in this area

    47 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81863299

MLSListings

APN: 158-46-082

California Santa Clara County Mountain View 94043 Rex Manor

505 Cypress Point Dr Unit 82, Mountain View, CA

This home is located at 505 Cypress Point Dr Unit 82, Mountain View, CA 94043 since 17 September 2021 and is currently estimated at $750,928, approximately $890 per square foot. This property was built in 1971. 505 Cypress Point Dr Unit 82 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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