NOT LISTED FOR SALE

5221 Lincoln Ave Unit 6 Cypress, CA 90630

Estimated Value: $664,717 - $742,000

2 Beds
2 Baths
1,145 Sq Ft
$165/mo HOA Fee

Last Sold July 18, 2013

Last sale price $345,000 $301 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,593/month

36 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Clara J. King Elementary School Rated A-
  • Contemporary Architecture
  • 2 Car Direct Access Garage

About This Home

As of July 2013

Price Reduced! What a great opportunity. Purchase under City's Moderate Income Housing Program. Call for details.

This two-level gem offers two master bedrooms, two baths a spacious and open floor plan, fireplace in bright and airy living room and high ceilings. Unit has direct garage access. Second bedroom has outdoor patio area. Built in 2004. Great central location, close to restaurants, shopping, worship, 91 and 605, Knotts Berry Farm. Seller wants it sold.

Last Agent to Sell the Property

Peggy Hopkins

Charbria Real Estate License #01039998 Listed on: 04/24/2013

Last Buyer's Agent

Nancy Eng

Pegasus Financial Inc. License #01228296

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Block Wall Fence

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Turnkey
  • Spanish Tile Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,145 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Electric Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1101
  • Assessor Parcel Number 93023597

Community Details

Overview

  • Master Insurance
  • 20 Units
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,813

Year Built

Built in 2004

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Kitchen appliances including Refrigerator (without warranty)
  • Other Phone Description: Peggy Hopkins
  • Other Phone Number: 7142252162
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Lincoln Glen
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93023597
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1145.00
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 301.31
  • Room Type: Living Room, Main Floor Master Bedroom, Master Suite, Two Masters
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Common Roof, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Cooktop, Range Hood, Microwave, Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 1310.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1310.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 1101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 4, 2013
Sold by
Smith Nadine R
Bought by
Chen Chong Zheng and Chan Diana
Seller's Agent
Peggy Hopkins
Charbria Real Estate
Buyer's Agent
Nancy Eng
Pegasus Financial Inc.
List Price
$352,000
Sold Price
$345,000
Premium/Discount to List
-$7,000
-1.99%
Total Days on Market
36
Current Estimated Value
$717,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,429
Avg. Annual Appreciation
5.89%
Original Mortgage
$276,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Bonanni Properties & D S Products
Bought by
Smith Nadine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,968
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Bonanni Properties
Bought by
Bonanni Properties and D S Products

Purchase Details

Closed on
Oct 12, 2001
Sold by
Anderson Richard H and Anderson Donna J
Bought by
Bonanni Properties and D S Products

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.87%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Chen Chong Zheng $345,000 Netco Title Company
Smith Nadine R $225,000 Orange Coast Title
Bonanni Properties $500,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Chong Zheng $249,000
Closed Chen Chong Zheng $276,000
Previous Owner Smith Nadine R $175,000
Previous Owner Smith Nadine R $179,968
Previous Owner Bonanni Properties $2,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $345,000 0.0% $301 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/24/2013 05/24/13 Price Changed $345,000 -2.0% $301 / Sq Ft
04/24/2013 04/24/13 For Sale $352,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $4,813 $414,626 $240,813 $173,813
2023 $4,701 $406,497 $236,092 $170,405
2022 $4,644 $398,527 $231,463 $167,064
2021 $4,582 $390,713 $226,924 $163,789
2020 $4,563 $386,707 $224,597 $162,110
2019 $4,436 $379,125 $220,193 $158,932
2018 $4,375 $371,692 $215,876 $155,816
2017 $4,226 $364,404 $211,643 $152,761
2016 $4,190 $357,259 $207,493 $149,766
2015 $4,158 $351,893 $204,376 $147,517
2014 $3,939 $345,000 $200,372 $144,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13083575

California Regional Multiple Listing Service (CRMLS)

APN: 930-235-97