NOT LISTED FOR SALE

5442 Villa Way Unit 4 Cypress, CA 90630

Estimated Value: $768,000 - $823,000

4 Beds
2.5 Baths
1,657 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $657,000 $396 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,116/month

16 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Clara J. King Elementary School Rated A-
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of August 2023

This property needs a lot of work and its potential for forced equity makes this townhouse a great opportunity for the right buyer. While the property is in need of a complete remodel, completing these improvements should significantly increase its value. Don't miss out on this incredible offering! With its prime location, competitive price, and potential for added value, this listing is a great opportunity for a buyer with vision of it's potential. Seize this opportunity to create your dream home in Cypress.

A rare find in the desirable "Park Cypress Villas" community of Cypress, CA. This spacious 4-bedroom townhouse boasts a great location and a serene environment within the complex. Upon entering, you'll notice a main floor bedroom that can easily be converted into an office space, complete with a convenient walk-in closet. The kitchen offers a view of the back patio area and features a separate eating area adjacent to it. From the living area, a slider door leads you to the inviting back patio, perfect for enjoying outdoor dining and hosting BBQ parties. The living area itself is enhanced by a cozy fireplace, creating a warm and inviting atmosphere. Upstairs, you'll find three nicely sized bedrooms, including the primary suite with its own ensuite bathroom. The layout provides privacy and comfort for all family members or guests. For added convenience, the townhouse includes a single-car garage, a dedicated parking pad at the front door area, and ample guest parking for visitors.
The property offers several desirable features, including a newer HVAC system and the inclusion of a washer, dryer, and refrigerator(without warranty). In the community, you'll find a gated and fenced pool area, complete with patio furniture, bathrooms, and an outdoor shower, perfect for enjoying the sunny California weather.

Sought-after Cypress Schools, including one that requires passing an exam for enrollment, providing excellent educational opportunities for residents.

Last Agent to Sell the Property

Susan Amburn

Keller Williams OC Coastal Realty License #01078060 Listed on: 07/10/2023

Keller Williams OC Coastal Realty

Last Buyer's Agent

Sumbo Odjoji

Keller Williams Newport Estates License #02176031

Keller Williams Newport Estates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,521

Year Built

  • Built in 1975

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio

Schools

  • King Elementary School
  • Oxford/Lexington Middle School
  • Oxford/Cypress High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8394
  • Assessor Parcel Number 93409004

Community Details

Overview

  • 36 Units
  • Park Cypress Villas Association, Phone Number (714) 508-9070
  • Optimum Prof. Prop. Man. HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,521

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer, Dryer and Refrigerator
  • Other Phone Number: 9492358911
  • Property Attached: Yes
  • Subdivision Name Other: Park Cypress Villas
  • View: No
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93409004
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1657.00 Square Feet
  • Stories: 2
  • Entry Location: Living Room
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 396.50
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Garage - Single Door, Guest, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Cypress Villas
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Optimum Prof. Prop. Man.

Schools

  • School District: Anaheim Union High
  • Elementary School: King
  • Middle School: Oxford/Lexington
  • High School: Oxford/Cypress
  • Elementary School: King
  • High School: Oxford/Cypress
  • Middle Or Junior School: Oxford/Lexington
  • Elementary School #2: KING
  • High School2: OXFCYP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 11, 2023
Sold by
Lilja Eric Dean
Bought by
Lilja Eric Dean and Lilja Iana
Seller's Agent
Susan Amburn
Keller Williams OC Coastal Realty
Buyer's Agent
Sumbo Odjoji
Keller Williams Newport Estates
List Price
$695,000
Sold Price
$657,000
Premium/Discount to List
-$38,000
-5.47%
Views
140
Current Estimated Value
$799,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,557
Avg. Annual Appreciation
7.98%
Original Mortgage
$257,000
Outstanding Balance
$251,795
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$521,934

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 10, 2023
Sold by
Lilja Iana
Bought by
Lilja Eric Dean
Seller's Agent
Susan Amburn
Keller Williams OC Coastal Realty
Buyer's Agent
Sumbo Odjoji
Keller Williams Newport Estates
List Price
$695,000
Sold Price
$657,000
Premium/Discount to List
-$38,000
-5.47%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Outstanding Balance
$251,795
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$521,934

Purchase Details

Listed on
Jul 10, 2023
Closed on
Jul 27, 2023
Sold by
Jones Fraser Trust
Bought by
Lilja Eric Dean
Seller's Agent
Susan Amburn
Keller Williams OC Coastal Realty
Buyer's Agent
Sumbo Odjoji
Keller Williams Newport Estates
List Price
$695,000
Sold Price
$657,000
Premium/Discount to List
-$38,000
-5.47%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Outstanding Balance
$251,795
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$521,934

Purchase Details

Closed on
Jul 9, 2018
Sold by
Jones Tyler D and Fraser James F
Bought by
Jones Tyler D and Franser James F

Purchase Details

Closed on
Feb 16, 2017
Sold by
Fraser James F and Jones Tyler D
Bought by
Jones Tyler and Fraser James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Fraser James F and Jones Tyler
Bought by
Jones Tyler and Fraser James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Fraser James F and Jones Tyler
Bought by
Jones Tyler and Fraser James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Jones Tyler and Fraser James F
Bought by
Jones Tyler and Fraser James F

Purchase Details

Closed on
Sep 2, 2004
Sold by
Fraser James
Bought by
Fraser James F

Purchase Details

Closed on
Nov 7, 2003
Sold by
Fray Linda A
Bought by
Fraser James and Jones Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Jones Tyler and Fraser James F
Bought by
Jones Tyler and Fraser James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 13, 1998
Sold by
Janet Mirliss Bonnie
Bought by
Fray Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,650
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lilja Eric Dean -- None Listed On Document
Lilja Eric Dean -- First American Title
Lilja Eric Dean $657,000 First American Title
Jones Tyler D -- None Available
Jones Tyler D -- None Available
Jones Tyler -- None Available
Fraser James F -- Chicago Title Company
Jones Tyler -- Lsi
Fraser James F -- Lsi
Jones Tyler -- Accommodation
Jones Tyler -- Lawyers Title
Jones Tyler -- --
Fraser James F -- --
Jones Tyler -- --
Fraser James $365,000 First Southwestern Title Co
Jones Tyler -- Fidelity National Title Co
Fray Linda A $148,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilja Eric Dean $257,000
Previous Owner Fraser James F $320,000
Previous Owner Fraser James F $340,000
Previous Owner Jones Tyler $372,000
Previous Owner Fraser James $292,000
Previous Owner Jones Tyler $295,000
Previous Owner Fray Linda A $133,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $657,000 -0.5% $396 / Sq Ft
07/25/2023 07/25/23 Price Changed $660,000 +1.7% $398 / Sq Ft
07/25/2023 07/25/23 Price Changed $649,000 -6.6% $392 / Sq Ft
07/10/2023 07/10/23 For Sale $695,000 -- $419 / 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 $7,521 $670,140 $525,828 $144,312
2024 $7,521 $657,000 $515,517 $141,483
2023 $5,777 $498,794 $382,664 $116,130
2022 $5,710 $489,014 $375,161 $113,853
2021 $5,636 $479,426 $367,805 $111,621
2020 $5,614 $474,511 $364,034 $110,477
2019 $5,457 $465,207 $356,896 $108,311
2018 $5,384 $456,086 $349,898 $106,188
2017 $5,200 $447,144 $343,038 $104,106
2016 $5,158 $438,377 $336,312 $102,065
2015 $5,121 $431,793 $331,261 $100,532
2014 $4,408 $381,990 $290,001 $91,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23122324

California Regional Multiple Listing Service (CRMLS)

APN: 934-090-04