NOT LISTED FOR SALE

5257 Hanover Dr Cypress, CA 90630

Estimated Value: $1,183,000 - $1,356,000

4 Beds
2.5 Baths
2,057 Sq Ft
$635/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,050,000 $510 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,232/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • Multi-Level Bedroom
  • Main Floor Primary Bedroom
  • Juliet Morris Elementary School Rated A
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of June 2021

Who’s ready for pool days and barbecues? This tastefully updated and expended two story Fairway Park home sits in the heart of Cypress in one of the most desired neighborhoods. Walk through the formal entry into a spacious living room with fireplace featuring a large window overlooking the front yard. Kitchen features a breakfast bar, access to the laundry room and guest bathroom/powder room. Main floor master suite features an updated bathroom. Walk up the stairs and you'll find the remaining 3 bedrooms and updated full bathroom with dual sinks. Large two car garage with direct access to home. Walk through to the bonus room featuring a second fireplace, custom wet bar with wine fridge, and vaulted ceilings. When you step outside you'll find an entertainers dream yard. No expense was spared when remodeling the back yard, pool, custom fire pit, barbecue area and block wall. Central air and central heat. Walking distance to neighborhood park, steps away from award winning Oxford Academy, and minutes from all major shopping and major freeways. Submit your offer today!

Last Agent to Sell the Property

Kenneth Lugo

Lugo Brothers RE License #01895618 Listed on: 04/28/2021

Co-Listed By

Bryant Lugo

Lugo Brothers RE License #01895617

Last Buyer's Agent

Filipina Opena

Coldwell Banker Realty License #01416445

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,415

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Multi-Level Bedroom
  • Upgraded Bathroom

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Lexington/Oxford Middle School
  • Cypress High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 5223
  • Assessor Parcel Number 24430312

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,415

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Wine Fridge, Kitchen Fridge, Outdoor Barstools, Outdoor Umbrellas
  • Other Phone Description: For Showings
  • Other Phone Number: 714-869-5871
  • Property Attached: No
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24430312
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2057.00 Square Feet
  • Interior Amenities: Bar, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 510.45
  • Room Type: Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom
  • Spa Features: Private, In Ground
  • Bathroom Features: Upgraded
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Anaheim Union High
  • Middle School: Lexington/Oxford
  • High School: Cypress
  • High School: Cypress
  • Middle Or Junior School: Lexington/Oxford
  • High School2: CYPRES

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.04
  • Tax Lot: 19
  • Tax Tract Number: 5223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 7, 2021
Sold by
Chacon Michael A and Chacon Julie M
Bought by
Sierra Christopher M and Sierra Verna M
Seller's Agent
Kenneth Lugo
Lugo Brothers RE
Buyer's Agent
Filipina Opena
Coldwell Banker Realty
List Price
$975,000
Sold Price
$1,050,000
Premium/Discount to List
$75,000
7.69%
Current Estimated Value
$1,314,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,529
Avg. Annual Appreciation
5.35%
Original Mortgage
$840,000
Outstanding Balance
$761,697
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$544,641

Purchase Details

Closed on
Feb 28, 2011
Sold by
Chacon Michael A and Chacon Julie M
Bought by
Chacon Michael A and Chacon Julie M
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
Sierra Christopher M $1,050,000 Lawyers Title Company
Chacon Michael A -- None Available
Chacon Michael A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sierra Family Trust $118,000
Open Sierra Christopher M $840,000
Previous Owner Chacon Michael A $415,000
Previous Owner Chacon Michael A $389,000
Previous Owner Chacon Michael A $60,000
Previous Owner Chacon Michael A $270,500
Previous Owner Chacon Michael A $247,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,050,000 +0.5% $510 / Sq Ft
05/04/2021 05/04/21 Price Changed $1,045,000 +7.2% $508 / Sq Ft
05/04/2021 05/04/21 For Sale $975,000 -7.1% $474 / Sq Ft
05/03/2021 05/03/21 Off Market $1,050,000 -- --
04/28/2021 04/28/21 For Sale $975,000 -- $474 / 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
2025 $12,415 $1,136,553 $986,692 $149,861
2024 $12,415 $1,114,268 $967,345 $146,923
2023 $12,135 $1,092,420 $948,377 $144,043
2022 $12,002 $1,071,000 $929,781 $141,219
2021 $5,814 $502,228 $354,631 $147,597
2020 $5,791 $497,079 $350,995 $146,084
2019 $5,627 $487,333 $344,113 $143,220
2018 $5,551 $477,778 $337,366 $140,412
2017 $5,359 $468,410 $330,751 $137,659
2016 $5,314 $459,226 $324,266 $134,960
2015 $5,274 $452,328 $319,395 $132,933
2014 $4,993 $443,468 $313,138 $130,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21079008

California Regional Multiple Listing Service (CRMLS)

APN: 244-303-12