$742,000 - $796,637
RENTED OCT 21, 2024

5481 Villa Way Unit 35 Cypress, CA 90630

3 Beds
2.5 Baths
1,374 Sq Ft
$560 Price per Sq Ft

Last Sold March 26, 2020

Last sale price $561,000 $408 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,033/month

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Community Pool
  • Clara J. King Elementary School Rated A-
  • Quartz Countertops
  • Breakfast Area or Nook

About This Home

As of October 2024

*****Beautiful Townhome***** Two-story townhome located in the desirable "Park Cypress Villas" community. The 3 bedroom, 2.5 bathroom townhome comes with plenty of natural light throughout. Also included are laminated wooden floors, crown moldings, dual pane windows, and recessed lights with all energy efficient LED lights that can be dimmed. The kitchen has been wonderfully remodeled with white cabinets, stainless steel appliances, and quartz countertops. The living room boasts a cozy fireplace. All bathrooms have been remodeled with quartz countertops. The bedrooms are large and spacious, plus there is a separate room for the laundry. The townhome is equipped with smart switches all throughout the house, nest smart thermostat, which controls the A/C & heater temperature, and all windows & doors have smart sensors. Community pool and plenty of guest parking spaces. Great award-winning Cypress schools. King Elementary School, Lexington Jr. High School, Cypress High School and Oxford Academy (must pass the exam to enroll).

Last Agent to Rent the Property

Anna Ko

Ianna REALTY Brokerage Phone: 714-743-8949 License #01244547 Listed on: 10/10/2024

Last Renter's Agent

Anna Ko

Ianna REALTY Brokerage Phone: 714-743-8949 License #01244547 Listed on: 10/10/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Assigned Parking

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes association dues
  • Available 11/15/24
  • Tax Lot 1
  • Tax Tract Number 8394
  • Assessor Parcel Number 93409035

Community Details

Overview

  • 36 Units
  • Park Cypress Villas Association, Phone Number (714) 508-9070
  • Optimum Professional Property Management HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,918

Year Built

Built in 1974

Lot Details

0

HOA Fees

$275 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 4000
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 93409035
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1374.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.69
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Cypress Villas
  • Phone: (714) 508-9070
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Optimum Professional Property Management

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 36
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 1101.04
  • Tax Lot: 1
  • Tax Tract Number: 8394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 5, 2020
Sold by
Jeong Yoon Sun
Bought by
Kim Mayer
Seller's Agent
Shina Yoon
T.N.G. Real Estate Consultants
Buyer's Agent
Anna Ko
Ianna REALTY
List Price
$559,000
Sold Price
$561,000
Premium/Discount to List
$2,000
0.36%
Current Estimated Value
$768,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,909
Avg. Annual Appreciation
5.99%
Original Mortgage
$448,800
Outstanding Balance
$396,719
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$372,190

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 26, 2020
Sold by
Kim Mayer
Bought by
Kim Daniel and Kim Chon
Seller's Agent
Shina Yoon
T.N.G. Real Estate Consultants
Buyer's Agent
Anna Ko
Ianna REALTY
List Price
$559,000
Sold Price
$561,000
Premium/Discount to List
$2,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,800
Outstanding Balance
$396,719
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$372,190

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 25, 2020
Sold by
Kim Henry
Bought by
Kim Mayer
Seller's Agent
Shina Yoon
T.N.G. Real Estate Consultants
Buyer's Agent
Anna Ko
Ianna REALTY
List Price
$559,000
Sold Price
$561,000
Premium/Discount to List
$2,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,800
Outstanding Balance
$396,719
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$372,190

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 5, 2017
Sold by
Kim Alice
Bought by
Kim Henry
Seller's Agent
Hannah Hong
Coldwell Banker Best Realty
Buyer's Agent
Christine Morgan
Marterra Real Estate
List Price
$475,000
Sold Price
$491,000
Premium/Discount to List
$16,000
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$294,600
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2017
Closed on
May 18, 2017
Sold by
Hong Helen
Bought by
Kim Mayer and Kim Henry
Seller's Agent
Hannah Hong
Coldwell Banker Best Realty
Buyer's Agent
Christine Morgan
Marterra Real Estate
List Price
$475,000
Sold Price
$491,000
Premium/Discount to List
$16,000
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,600
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Mar 27, 2014
Sold by
Hong Yongsoo
Bought by
Hong Helen
Seller's Agent
Miae Edlund
T.N.G. Real Estate Consultants
Buyer's Agent
Julie Shim
T.N.G. Real Estate Consultants
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$280,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Mar 25, 2014
Sold by
Ryu Hyo Seok
Bought by
Hong Helen
Seller's Agent
Miae Edlund
T.N.G. Real Estate Consultants
Buyer's Agent
Julie Shim
T.N.G. Real Estate Consultants
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2008
Sold by
Pyun Mi Young
Bought by
Ryu Hyo Seok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Ryu Hyo Seok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Jung Hae Mi and Hyun Kang Ho
Bought by
Deutsche Bank National Trust Co and Holders Of The Terwin Mortgage Trust 200

Purchase Details

Closed on
May 14, 2007
Sold by
Ho Hyun Kang and Jung Hae M
Bought by
Villa Way Trust and Trust Holding Service Co

Purchase Details

Closed on
Mar 1, 2006
Sold by
Hancock Corp
Bought by
Jung Hae Mi and Hyun Kang Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
Son Shinae
Bought by
Hancock Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2005
Sold by
Son Kyung Mok
Bought by
Son Shinae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2005
Sold by
Balsara Suresh M and Balsara Lata S
Bought by
Son Shinae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
9.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2004
Sold by
Balsara Lata S
Bought by
Balsara Suresh M and Balsara Lata S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2003
Sold by
Balsara Lata S
Bought by
Balsara Suresh M and Balsara Lata S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.82%

Purchase Details

Closed on
Feb 27, 2003
Sold by
Balsara Suresh M and Balsara Lata S
Bought by
Balsara Lata S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.82%
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
Kim Mayer -- Stewart Title Of Ca Inc
Kim Daniel $561,000 Stewart Title Of Ca Inc
Kim Mayer -- Stewart Title Of Ca Inc
Kim Henry -- Title 365
Kim Mayer $491,000 Title 365
Hong Helen -- Title 365
Hong Helen $350,000 Title 365
Ryu Hyo Seok -- Fidelity National Title Co
Ryu Hyo Seok $350,000 Fidelity National Title Co
Deutsche Bank National Trust Co $392,638 Alliance Title Company
Villa Way Trust -- None Available
Jung Hae Mi $490,000 Commonwealth Land Title Co
Hancock Corp $96,000 None Available
Son Shinae -- Orange Coast Title
Son Shinae $420,000 Orange Coast Title
Balsara Suresh M -- --
Balsara Lata S -- Orange Coast Title Company
Balsara Suresh M -- --
Balsara Lata S -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Daniel $448,800
Previous Owner Kim Henry $294,600
Previous Owner Hong Helen $279,000
Previous Owner Hong Helen $280,000
Previous Owner Ryu Hyo Seok $280,000
Previous Owner Ryu Hyo Seok $52,500
Previous Owner Ryu Hyo Seok $280,000
Previous Owner Jung Hae Mi $98,000
Previous Owner Jung Hae Mi $392,000
Previous Owner Son Shinae $70,000
Previous Owner Son Shinae $50,000
Previous Owner Son Shinae $336,000
Previous Owner Balsara Lata S $230,000
Previous Owner Balsara Lata S $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Rented $3,700 0.0% --
10/17/2024 10/17/24 Under Contract -- -- --
10/10/2024 10/10/24 For Rent $3,700 +5.7% --
08/01/2023 08/01/23 Rented $3,500 0.0% --
07/25/2023 07/25/23 Under Contract -- -- --
07/21/2023 07/21/23 For Rent $3,500 0.0% --
07/20/2023 07/20/23 Off Market $3,500 -- --
07/14/2023 07/14/23 For Rent $3,500 +9.4% --
09/01/2021 09/01/21 Rented $3,200 0.0% --
08/26/2021 08/26/21 For Rent $3,200 0.0% --
08/26/2021 08/26/21 Rented $3,200 0.0% --
08/25/2021 08/25/21 For Rent $3,200 +14.3% --
05/09/2020 05/09/20 Rented $2,800 0.0% --
05/05/2020 05/05/20 Off Market $2,800 -- --
04/28/2020 04/28/20 For Rent $2,800 0.0% --
03/26/2020 03/26/20 Sold $561,000 +0.4% $408 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $559,000 +13.8% $407 / Sq Ft
06/22/2017 06/22/17 Sold $491,000 +3.4% $342 / Sq Ft
05/18/2017 05/18/17 For Sale $475,000 -3.3% $331 / Sq Ft
05/16/2017 05/16/17 Off Market $491,000 -- --
05/15/2017 05/15/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $475,000 +35.7% $331 / Sq Ft
03/31/2014 03/31/14 Sold $350,000 -4.1% $206 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/18/2014 02/18/14 Price Changed $364,900 -2.7% $215 / Sq Ft
02/10/2014 02/10/14 Price Changed $374,900 -2.6% $221 / Sq Ft
01/11/2014 01/11/14 For Sale $385,000 +10.0% $227 / Sq Ft
01/06/2014 01/06/14 Off Market $350,000 -- --
01/02/2014 01/02/14 For Sale $385,000 -- $227 / 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 $6,918 $613,533 $504,150 $109,383
2024 $6,918 $601,503 $494,264 $107,239
2023 $6,761 $589,709 $484,572 $105,137
2022 $6,685 $578,147 $475,071 $103,076
2021 $6,598 $566,811 $465,756 $101,055
2020 $6,130 $521,052 $445,202 $75,850
2019 $5,957 $510,836 $436,473 $74,363
2018 $5,878 $500,820 $427,915 $72,905
2017 $4,359 $369,685 $291,804 $77,881
2016 $4,323 $362,437 $286,083 $76,354
2015 $4,292 $356,993 $281,785 $75,208
2014 $3,633 $309,400 $228,969 $80,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24209710

California Regional Multiple Listing Service (CRMLS)

APN: 934-090-35