NOT LISTED FOR SALE

5376 Nelson St Cypress, CA 90630

Estimated Value: $881,000 - $1,092,000

4 Beds
2 Baths
1,680 Sq Ft
$603/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $877,000 $522 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,376/month

18 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • Clara J. King Elementary School Rated A-

About This Home

As of April 2023

FANTASTIC DUPLEX! ATTENTION DEVELOPERS, BUILDERS, AND INVESTORS, THIS PROPERTY IS FOR YOU!! There are no investment properties in Cypress with a lot size of 7,126 sq. ft. so don’t hesitate! This property consists of two units on this oversized lot, both units have 2 bedrooms, 1 bath. Independent water meter, gas meter, and electric. Rear unit address is 5378 Nelson Street. Rear unit has a 2 car garage and nice sized front yard. Front unit address is 5376 Nelson Street. Front unit has existing driveway and plenty of room to add on. Both units have washer/dryer hook-ups. Located in Cypress school district, close to shopping, parks, and nationally ranked Oxford Academy. This Property is ready to be your design dream project!

Last Agent to Sell the Property

Autumn Forcier

Surterre Properties Inc. License #02174219 Listed on: 01/11/2023

Surterre Properties Inc.

Co-Listed By

Chris Moreno

Surterre Properties Inc. License #01503663

Last Buyer's Agent

Chasin Prather

Chasin RE License #01447886

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,253

Year Built

  • Built in 1965

Lot Details

  • 7,126 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 3 / 12
  • Tax Tract Number 731
  • Assessor Parcel Number 24432230
  • $506 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,253

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 438500
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 24432230
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One, Multi/Split
  • Price Per Square Foot: 522.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 7126.00
  • Lot Size Acres: 0.1636

Multi Family

  • Lot Size Area: 7126.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 1101.04
  • Tax Lot: 3
  • Tax Tract Number: 731
  • TaxOtherAnnualAssessmentAmount: 506.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Apr 17, 2023
Sold by
Origel Sergio and Origel Maria A
Bought by
Covarrubias Eric Enrique
Seller's Agent
Autumn Forcier
Surterre Properties Inc.
Buyer's Agent
Chasin Prather
Chasin RE
List Price
$877,000
Sold Price
$877,000
Views
162
Current Estimated Value
$1,013,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,359
Avg. Annual Appreciation
6.34%
Original Mortgage
$877,000
Outstanding Balance
$854,087
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$159,272

Purchase Details

Closed on
Aug 21, 2018
Sold by
Origel Sergio
Bought by
Oriel Sego and Oriel Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2007
Sold by
Origel Sergio
Bought by
Origel Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,750
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2003
Sold by
Rios Ruben
Bought by
Origel Sergio and Origel Maria Agudelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1995
Sold by
Rios Margaret A and Johnson Margaret A
Bought by
Rios Ruben and Rios Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.32%
Mortgage Type
Purchase Money Mortgage
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
Covarrubias Eric Enrique $877,000 Ticor Title
Oriel Sego -- Wfg National Title Co
Origel Sergio -- Equity Title Company
Origel Sergio -- Equity Title Company
Origel Sergio -- Equity Title Company
Origel Sergio $440,000 Commonwealth Land Title
Rios Ruben -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covarrubias Eric Enrique $877,000
Previous Owner Oriel Sego $428,500
Previous Owner Origel Sergio $422,750
Previous Owner Origel Sergio $270,000
Previous Owner Rios Ruben $268,600
Previous Owner Rios Ruben $225,000
Previous Owner Rios Ruben $172,500
Previous Owner Rios Ruben $22,945
Previous Owner Rios Ruben $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $877,000 0.0% $522 / Sq Ft
01/11/2023 01/11/23 For Sale $877,000 -- $522 / 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 $10,253 $912,430 $827,499 $84,931
2024 $10,253 $894,540 $811,274 $83,266
2023 $7,035 $601,291 $512,016 $89,275
2022 $6,952 $589,501 $501,976 $87,525
2021 $6,862 $577,943 $492,134 $85,809
2020 $6,835 $572,017 $487,087 $84,930
2019 $6,645 $560,801 $477,536 $83,265
2018 $6,557 $549,805 $468,172 $81,633
2017 $6,334 $539,025 $458,992 $80,033
2016 $6,282 $528,456 $449,992 $78,464
2015 $6,236 $520,519 $443,233 $77,286
2014 $5,648 $486,000 $434,550 $51,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23005180

California Regional Multiple Listing Service (CRMLS)

APN: 244-322-30