NOT LISTED FOR SALE

5385 Twin Lakes Dr Unit 41 Cypress, CA 90630

Estimated Value: $615,000 - $638,000

2 Beds
1.5 Baths
1,156 Sq Ft
$405/mo HOA Fee

Last Sold December 26, 2013

Last sale price $305,000 $264 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,244/month

6 Days on Market

Highlights

  • Private Pool
  • Cathedral Ceiling
  • Laundry Room
  • Clara J. King Elementary School Rated A-
  • End Unit
  • 3-minute walk to Mackay Park

About This Home

As of December 2013

Don't miss out on a chance to own this upstairs END UNIT in lovely Cypress!!! The generous living room has a fire place and built ins as well as natural light and a vaulted ceiling. An updated kitchen has white cabinets and new appliances. The dining room is flooded with light. Your master bedroom features a large walk in closet as well as a 1/4 bath. Also there is a second bedroom and a large full bath with lots of counter space. Washer/dryer closet is located outside and you have access to the pool, spa, gazebo and pond area. All that's missing is you!!!

Last Agent to Sell the Property

Valerie Taylor

Valerie Taylor, Broker License #01062916 Listed on: 11/13/2013

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1979

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,156 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Additional Features

  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10411
  • Assessor Parcel Number 93752041

Community Details

Overview

  • 100 Units
  • Twin Lakes HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,211

Year Built

Built in 1979

Lot Details

0

HOA Fees

$405 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: sandra
  • Other Phone Number: 951-547-3567
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93752041
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1156.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 263.84
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 405.00
  • Association Fee Frequency: Monthly
  • Association Name: Twin Lakes HOA
  • Senior Community: No
  • Community Features: Curbs

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2013
Closed on
Nov 21, 2013
Sold by
Gw San Diego Properties Llc
Bought by
Santos Rene
Seller's Agent
Valerie Taylor
Valerie Taylor, Broker
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$309,990
Sold Price
$305,000
Premium/Discount to List
-$4,990
-1.61%
Current Estimated Value
$626,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,108
Avg. Annual Appreciation
6.54%
Original Mortgage
$244,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2013
Closed on
Oct 21, 2013
Sold by
Griffin Ian
Bought by
Gw San Diego Properties Llc
Seller's Agent
Santos Aloi
Lexus Realty
Buyer's Agent
Stephen Mashney
Mashney Realty
List Price
$210,000
Sold Price
$231,000
Premium/Discount to List
$21,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.89%
Original Mortgage
$244,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2013
Closed on
Sep 12, 2013
Sold by
Griffin Gena M
Bought by
Griffin Ian R
Seller's Agent
Santos Aloi
Lexus Realty
Buyer's Agent
Stephen Mashney
Mashney Realty
List Price
$210,000
Sold Price
$231,000
Premium/Discount to List
$21,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 12, 2013
Closed on
Aug 23, 2013
Sold by
Pagano Michael J and Pagano Angela E
Bought by
Griffin Ian
Seller's Agent
Santos Aloi
Lexus Realty
Buyer's Agent
Stephen Mashney
Mashney Realty
List Price
$210,000
Sold Price
$231,000
Premium/Discount to List
$21,000
10%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Williams Paul A
Bought by
Pagano Michael J and Pagano Angela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,400
Interest Rate
5.61%
Mortgage Type
Stand Alone Second
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
Santos Rene $293,000 Title 365
Gw San Diego Properties Llc -- Title 365
Griffin Ian R -- Pacific Coast Title
Griffin Ian $231,000 Pacific Coast Title
Pagano Michael J $397,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Rene $227,000
Closed Santos Rene $244,800
Previous Owner Gw San Diego Properties Llc $5,000,000
Previous Owner Pagano Michael J $79,400
Previous Owner Pagano Michael J $317,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $305,000 0.0% $264 / Sq Ft
11/20/2013 11/20/13 Price Changed $305,000 +1.7% $264 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/14/2013 11/14/13 Price Changed $299,999 -3.2% $260 / Sq Ft
11/13/2013 11/13/13 For Sale $309,990 +34.2% $268 / Sq Ft
09/20/2013 09/20/13 Sold $231,000 +10.0% $200 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $210,000 -- $182 / 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 $4,211 $352,131 $255,151 $96,980
2023 $4,113 $345,227 $250,148 $95,079
2022 $4,064 $338,458 $245,243 $93,215
2021 $4,011 $331,822 $240,434 $91,388
2020 $3,995 $328,420 $237,969 $90,451
2019 $3,886 $321,981 $233,303 $88,678
2018 $3,834 $315,668 $228,728 $86,940
2017 $3,706 $309,479 $224,243 $85,236
2016 $3,675 $303,411 $219,846 $83,565
2015 $3,648 $298,854 $216,544 $82,310
2014 $3,458 $293,000 $212,302 $80,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13229955

California Regional Multiple Listing Service (CRMLS)

APN: 937-520-41