Seller's Agent in 2021
Linda Suk
Reshape Real Estate
(714) 626-5366
4 in this area
153 Total Sales
5422 Villa Way Unit 8 Cypress, CA 90630
Estimated Value: $759,000 - $777,000
3
Beds
2.5
Baths
1,374
Sq Ft
$220/mo
HOA Fee
Highlights
- In Ground Pool
- No Units Above
- Open Floorplan
- Clara J. King Elementary School Rated A-
- Primary Bedroom Suite
- Property is near a park
About This Home
As of January 2021THIS IS THE PERFECT OPPORTUNITY FOR A FIRST TIME BUYER OR TO KEEP AS AN INVESTMENT PROPERTY IN CYPRESS! Do not miss out on this one! Located in the private community of Park Cypress Villas. Truly the best location in the tract. Lovely 3 bedrooms & 2.5 bathrooms two-story model with no one above or below. Upgraded front door, upon entering you will find a perfectly flowing floor plan with abundance of NATURAL SUNLIGHT. Fabulous open concept, bright; warm and comfortable living room with brick fireplace, half bathroom downstairs, gorgeous laminate & wood flooring throughout, scraped ceilings downstairs, crown molding, ceiling fans, recessed lighting. Spacious kitchen with Formica countertops, upgraded trey ceilings, exhaust fan, tile flooring & casual dining area. Upstairs hallway bathroom has been totally upgraded/remodeled. All bedrooms are generous sized. Handy inside laundry downstairs. Large master bedroom with walk-in shower and dual closets. Sliding door leading to large fully fenced patio, perfect for pets, gardening, BBQ, morning coffee & outdoor entertaining. Direct access to one car garage plus one parking space; guest parking nearby. Newer upgraded central air conditioning/heat. Very low ($220.00) association dues which includes an inviting swimming pool. Surroundings are very well kept by Association. Superb rated Cypress School District including Cypress High School and Oxford Academy High School (with entrance exam). Very convenient location, close to everything.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,059
Year Built
- Built in 1974
Lot Details
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Vinyl Fence
- Level Lot
HOA Fees
- $220 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Guest Parking
- Parking Lot
Home Design
- Traditional Architecture
- Cosmetic Repairs Needed
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Pre-Cast Concrete Construction
- Concrete Perimeter Foundation
- Copper Plumbing
- Stucco
Interior Spaces
- 1,374 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Tray Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- French Mullion Window
- Window Screens
- Sliding Doors
- Entryway
- Living Room with Fireplace
- Storage
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
Outdoor Features
- In Ground Pool
- Covered patio or porch
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
- Suburban Location
Schools
- King Elementary School
- Lexington Middle School
- Cypress High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Central Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 8394
- Assessor Parcel Number 93409008
Community Details
Overview
- Master Insurance
- 36 Units
- Park Cypress Villas Association, Phone Number (833) 266-3646
- Community Financial HOA
- Maintained Community
Recreation
- Community Pool
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Firewall
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2020
Closed on
Dec 29, 2020
Sold by
Kim Jae E and Kim Kyung E
Bought by
Kye Emily Yunmi
Seller's Agent
Linda Suk
Reshape Real Estate
Buyer's Agent
Jason Hong
RE/MAX CHAMPIONS
List Price
$579,000
Sold Price
$579,000
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,477
Avg. Annual Appreciation
6.69%
Original Mortgage
$405,300
Outstanding Balance
$377,786
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$388,102
Purchase Details
Closed on
Oct 30, 2013
Sold by
Fannie Mae
Bought by
Kim Jae E and Kim Kyung E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,800
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2012
Sold by
Citimortgage Inc
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Aug 8, 2012
Sold by
Hwang Yong Ho
Bought by
Citimortgage Inc
Purchase Details
Closed on
Jun 30, 2006
Sold by
Hwang Moon Sim and Hwang Yong Ho
Bought by
Hwang Yong Ho
Purchase Details
Closed on
Oct 17, 2002
Sold by
Hwang Myung Jin
Bought by
Hwang Yong Ho and Hwang Moon Sim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.09%
Purchase Details
Closed on
Dec 3, 1997
Sold by
Rafael Bonilla and Rafael Martha
Bought by
Hwang Yong Ho and Hwang Moon Sim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,743
Interest Rate
7%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kye Emily Yunmi | $579,000 | Stewart Title Of Ca Inc | |
| Kim Jae E | $382,000 | Servicelink | |
| Fannie Mae | -- | First American Title | |
| Citimortgage Inc | $326,818 | Accommodation | |
| Hwang Yong Ho | -- | Stewart Title | |
| Hwang Yong Ho | $132,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kye Emily Yunmi | $405,300 | |
| Previous Owner | Iddriss Mohammed | $636,000 | |
| Previous Owner | Kim Jae E | $337,500 | |
| Previous Owner | Kim Jae E | $341,500 | |
| Previous Owner | Kim Jae E | $343,800 | |
| Previous Owner | Hwang Yong Ho | $300,000 | |
| Previous Owner | Hwang Yong Ho | $236,500 | |
| Previous Owner | Hwang Yong Ho | $133,000 | |
| Previous Owner | Hwang Yong Ho | $127,743 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2021 01/06/21 | Sold | $579,000 | 0.0% | $421 / Sq Ft |
| 11/05/2020 11/05/20 | For Sale | $579,000 | 0.0% | $421 / Sq Ft |
| 11/05/2020 11/05/20 | Off Market | $579,000 | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $579,000 | -- | $421 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,059 | $614,438 | $512,173 | $102,265 |
| 2023 | $6,899 | $602,391 | $502,131 | $100,260 |
| 2022 | $6,820 | $590,580 | $492,285 | $98,295 |
| 2021 | $5,120 | $432,614 | $336,377 | $96,237 |
| 2020 | $5,100 | $428,179 | $332,928 | $95,251 |
| 2019 | $4,959 | $419,784 | $326,400 | $93,384 |
| 2018 | $4,893 | $411,553 | $320,000 | $91,553 |
| 2017 | $4,726 | $403,484 | $313,726 | $89,758 |
| 2016 | $4,687 | $395,573 | $307,574 | $87,999 |
| 2015 | $4,654 | $389,632 | $302,954 | $86,678 |
| 2014 | $4,408 | $382,000 | $297,019 | $84,981 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Suk
-
Jason Hong
Buyer's Agent in 2021
Jason Hong
RE/MAX
(909) 239-0011
1 in this area
26 Total Sales
Map
Similar Homes in Cypress, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20225493
APN: 934-090-08
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