NOT LISTED FOR SALE

5111 Olga Ave Cypress, CA 90630

Estimated Value: $924,000 - $993,343

3 Beds
2 Baths
1,050 Sq Ft
$924/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $850,000 $810 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,958/month

11 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Security System Owned
  • Juliet Morris Elementary School Rated A
  • 2 Car Attached Garage
  • Carpet

About This Home

As of March 2023

This home has fresh interior paint. Windows create a light filled interior with well placed neutral accents. Step into the kitchen, complete with an eye catching stylish backsplash. Head to the spacious primary suite with good layout and closet included. Extra bedrooms add nice flex space for your everyday needs. The primary bathroom features plenty of under sink storage waiting for your home organization needs. Take it easy in the fenced in back yard. The sitting area makes it great for BBQs! Hurry, this won't last long! This home has been virtually staged to illustrate its potential

Last Agent to Sell the Property

GABRIEL VALDEZ

Opendoor Brokerage Inc. License #02061030 Listed on: 02/09/2023

Co-Listed By

Jordan Gritton

Opendoor Brokerage Inc. License #02070585

Last Buyer's Agent

Ranbir Nanda

Ranbir B. Nanda, Broker License #00909262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,806

Year Built

  • Built in 1962

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Security System Owned

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 241-046-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,806

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 1050
  • Lot Acreage: 0.1377
  • Lot Dimensions: 60x100
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Carpet, Vinyl
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 790.48

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Heating: Natural Gas
  • Security: Owned
  • Sewer: Paid, Sewer Bonds

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Anaheim Union School

Lot Info

  • Assessor Parcel Number: 241-046-18
  • Lot Size Area: 6000

MLS Schools

  • School District: Anaheim Union School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 21, 2023
Sold by
Opendoor Property Trust
Bought by
Yam Pann Vouy and Phum Sophia
Seller's Agent
GABRIEL VALDEZ
Opendoor Brokerage Inc.
Buyer's Agent
Ranbir Nanda
Ranbir B. Nanda, Broker
List Price
$830,000
Sold Price
$850,000
Premium/Discount to List
$20,000
2.41%
Views
61
Current Estimated Value
$969,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,836
Avg. Annual Appreciation
4.99%
Original Mortgage
$680,000
Outstanding Balance
$663,156
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$297,722

Purchase Details

Closed on
Nov 23, 2022
Sold by
Mckay Wade Lee and Mckay Jennine A
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Apr 18, 2016
Sold by
Mckay Wade Lee
Bought by
Mckay Wade Lee and Mckay Jennine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Mckay Wade Lee
Bought by
Mckay Wade Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Mckay Wade Lee and Mckay Diana K
Bought by
Mckay Wade Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.71%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Sohn Myung Ha and Sohn Sonhwa
Bought by
Mckay Wade Lee and Mckay Diana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,148
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yam Pann Vouy $850,000 Chicago Title Company
Opendoor Property Trust I $783,000 Chicago Title Company
Mckay Wade Lee -- Lawyers Title
Mckay Wade Lee -- Orange Coast Title Company
Mckay Wade Lee -- Old Republic Title Company
Mckay Wade Lee $155,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yam Pann Vouy $680,000
Previous Owner Mckay Wade Lee $255,000
Previous Owner Mckay Wade Lee $195,000
Previous Owner Mckay Wade Lee $162,000
Previous Owner Mckay Wade Lee $152,148
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $850,000 +2.4% $810 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $830,000 0.0% $790 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $830,000 -- $790 / Sq Ft
Source: The MLS

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 $9,806 $884,340 $820,420 $63,920
2024 $9,806 $867,000 $804,333 $62,667
2023 $2,983 $247,488 $179,818 $67,670
2022 $2,944 $242,636 $176,292 $66,344
2021 $2,904 $237,879 $172,835 $65,044
2020 $2,891 $235,440 $171,062 $64,378
2019 $2,814 $230,824 $167,708 $63,116
2018 $2,775 $226,299 $164,420 $61,879
2017 $2,682 $221,862 $161,196 $60,666
2016 $2,658 $217,512 $158,035 $59,477
2015 $2,636 $214,245 $155,661 $58,584
2014 $2,501 $210,049 $152,612 $57,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-240534

The MLS

APN: 241-046-18