NOT LISTED FOR SALE

5315 Hanover Dr Cypress, CA 90630

Estimated Value: $1,399,286 - $1,486,000

6 Beds
3 Baths
2,667 Sq Ft
$542/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $1,400,000 $525 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,400/month

3 Days on Market

Highlights

  • Multi-Level Bedroom
  • Atrium Room
  • Bonus Room
  • Juliet Morris Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of March 2024

Welcome to 5315 Hanover Drive in Cypress, CA, where the charm of Fairway Park unfolds. Step into this inviting residence and be captivated by the Pacesetter floor plan, setting the stage for comfort and character within. As you enter, you'll be welcomed by a peaceful atrium, offering a serene escape and adding to the home's unique allure. Boasting three bedrooms and two remodeled full baths on the main floor, including a master ensuite, this home showcases upgraded flooring, stylish restrooms, and a seamless flow of design elements. Upstairs, a versatile bonus room awaits alongside two additional bedrooms and another full bath, providing ample space for your family's needs. With its modern touches, convenient amenities, and a prime location in the Fairway Park community, 5315 Hanover Drive offers a unique Cypress living experience. Seize the opportunity to make this your home – schedule a visit today! Additionally, enjoy the close proximity to highly ranked Oxford Academy, Juliet Morris Elementary School, Lexington Junior High, Cypress High School, and Margaret Landell Elementary, providing unmatched convenience for families. Located within walking distance, enjoy the family-friendly zone with the nearby Cypress Civic Center featuring its Police Department and the OC Cypress Library, offering added convenience and safety for you and your family.

Last Listed By

Mikail Sujan

T.N.G. Real Estate Consultants Brokerage Email: sujan.mikail@gmail.com License #02149977 Listed on: 02/16/2024

T.N.G. Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1968

Lot Details

  • 5,500 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Atrium Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Morris Elementary School
  • Lexington Middle School
  • Cypress High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 5957
  • Assessor Parcel Number 24430316
  • $379 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,650

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 7148873896
  • Other Phone Number: 7148873896
  • Property Attached: No
  • Subdivision Name Other: Fairway Park
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24430316
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2667.00 Square Feet
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 524.93
  • Room Type: Atrium, Bonus Room, Family Room, Jack & Jill, Living Room, Main Floor Bedroom, Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Anaheim Union High
  • Elementary School: Morris
  • Middle School: Lexington
  • High School: Cypress
  • Elementary School: Morris
  • High School: Cypress
  • Middle Or Junior School: Lexington
  • Elementary School #2: MORRIS2
  • High School2: CYPRES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.04
  • Tax Lot: 22
  • Tax Tract Number: 5957
  • TaxOtherAnnualAssessmentAmount: 379.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 11, 2024
Sold by
Chear John and Chear Shahin
Bought by
Le Carson Minh and Nelson Zoila Mendoza
Seller's Agent
Mikail Sujan
T.N.G. Real Estate Consultants
Buyer's Agent
Reggie Ocava
Coldwell Banker Hallmark
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%
Total Days on Market
3
Views
62
Current Estimated Value
$1,445,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,072
Avg. Annual Appreciation
2.23%
Original Mortgage
$900,000
Outstanding Balance
$891,046
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$543,924

Purchase Details

Closed on
Mar 17, 1997
Sold by
Tan Mary C
Bought by
Chear John and Khoubyar Shahin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.25%

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
Le Carson Minh $1,400,000 Ticor Title
Chear John $250,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Carson Minh $900,000
Previous Owner Chear John $150,000
Previous Owner Chear John $118,366
Previous Owner Chear John $127,000
Previous Owner Chear John $150,000
Previous Owner Chear John $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $1,400,000 +5.7% $525 / Sq Ft
02/16/2024 02/16/24 For Sale $1,325,000 -- $497 / 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 $4,650 $399,184 $213,497 $185,687
2023 $4,542 $391,357 $209,310 $182,047
2022 $4,486 $383,684 $205,206 $178,478
2021 $4,426 $376,161 $201,182 $174,979
2020 $4,408 $372,304 $199,119 $173,185
2019 $4,285 $365,004 $195,214 $169,790
2018 $4,227 $357,848 $191,387 $166,461
2017 $4,083 $350,832 $187,634 $163,198
2016 $4,047 $343,953 $183,954 $159,999
2015 $4,016 $338,787 $181,191 $157,596
2014 $3,805 $332,151 $177,642 $154,509
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24021704

California Regional Multiple Listing Service (CRMLS)

APN: 244-303-16