NOT LISTED FOR SALE

5338 Hanover Dr Cypress, CA 90630

Estimated Value: $1,160,000 - $1,392,000

5 Beds
3 Baths
2,667 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $895,000 $336 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,730/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Bonus Room
  • Juliet Morris Elementary School Rated A
  • Attic
  • High Ceiling

About This Home

As of October 2020

Do not miss this one! Unique opportunity on the market for the first time, this two-story 5 bedroom 3 bathroom home is situated on a 5500 square foot lot that sits just one block away from the esteemed Oxford Academy. French front doors lead to a beautiful atrium upon entry that leads to a nice formal living with fireplace and vaulted ceilings. Adjacent to the living room is the kitchen that has great storage and counter space, complete with breakfast bar that is open to the family room. Family room open to the nice private backyard with relaxing covered patio area and grassy yard. There are three lower, main-level bedrooms, including the master suite with vaulted ceilings and en suite bathroom and double closets. One of the lower level bedrooms could serve as a great home office or virtual meeting room, with two points of access from the front entry area or from the hallway. Upstairs there is a spacious bonus room that could be a second family room, media room or retreat. Upstairs there are two bedrooms and one full bathroom. There is a great finished storage area upstairs. Close to Lexington Jr. High, and Cypress High and other great schools. Located just a few blocks from the Community Center and nice parks. This home has a great floor plan, great location close to top rated schools, and opportunity to make it your own.

Last Agent to Sell the Property

Brian Johnson

Coldwell Banker Realty License #00787688 Listed on: 08/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Gary Riphagen

ReMax Tiffany Real Estate License #00626163

ReMax Tiffany Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,629

Year Built

  • Built in 1968

Lot Details

  • 5,500 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Attic

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5957
  • Assessor Parcel Number 24430402

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,629

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949-939-8000
  • Property Attached: No
  • Subdivision Name Other: Cypress
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24430402
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2667.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Storage, Vacuum Central
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 335.58
  • Room Type: Attic, Bonus Room, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Brick, Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • 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, Suburban

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear
  • 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: 2
  • Tax Tract Number: 5957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 10, 2020
Sold by
Hodges Patryce E and The Richards Family Trust
Bought by
Lopez Maida and The Lopez Trust
Seller's Agent
Brian Johnson
Coldwell Banker Realty
Buyer's Agent
Gary Riphagen
ReMax Tiffany Real Estate
List Price
$920,000
Sold Price
$895,000
Premium/Discount to List
-$25,000
-2.72%
Current Estimated Value
$1,290,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,802
Avg. Annual Appreciation
6.83%
Original Mortgage
$715,000
Outstanding Balance
$640,251
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$603,484

Purchase Details

Closed on
May 16, 2014
Sold by
Richards Norman E and Richards Patricia L
Bought by
The Richards Family Trust

Purchase Details

Closed on
Dec 19, 2008
Sold by
The Richards Family Trust
Bought by
Richards Norman E and Richards Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1997
Sold by
Richards Norman E and Richards Patricia L
Bought by
The Richards Family Trust
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
Lopez Maida $895,000 Chicago Title Company
The Richards Family Trust -- None Available
Richards Norman E -- Ticor Title Company Of Ca
The Richards Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Maida $715,000
Previous Owner Richards Norman E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $895,000 0.0% $336 / Sq Ft
08/31/2020 08/31/20 Price Changed $895,000 -2.7% $336 / Sq Ft
08/26/2020 08/26/20 For Sale $920,000 -- $345 / 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 $10,629 $968,776 $816,363 $152,413
2024 $10,629 $949,781 $800,356 $149,425
2023 $10,388 $931,158 $784,662 $146,496
2022 $10,273 $912,900 $769,276 $143,624
2021 $10,215 $895,000 $754,192 $140,808
2020 $1,384 $99,540 $26,336 $73,204
2019 $1,352 $97,589 $25,820 $71,769
2018 $1,333 $95,676 $25,314 $70,362
2017 $1,292 $93,800 $24,817 $68,983
2016 $1,279 $91,961 $24,330 $67,631
2015 $1,266 $90,580 $23,964 $66,616
2014 $1,206 $88,806 $23,494 $65,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20175602

California Regional Multiple Listing Service (CRMLS)

APN: 244-304-02