NOT LISTED FOR SALE

5485 Villa Way Unit 36 Cypress, CA 90630

Estimated Value: $768,000 - $866,000

3 Beds
2.5 Baths
1,374 Sq Ft
$220/mo HOA Fee

Last Sold July 30, 2019

Last sale price $540,000 $393 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,231/month

45 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Wood Flooring
  • Clara J. King Elementary School Rated A-
  • 389.12 Acre Lot
  • End Unit

About This Home

As of July 2019

Welcome Home to one of the most desirable communities in Cypress. This stunning 3 bedroom, 2 ½ bath, 1374 square foot end unit condo is located in the Park Cypress Villa’s. When you walk up to this recently remodeled home you enter the front door and you are greeted by the spacious living room complete with a wood burning fireplace as you continue through the home you will enter the dining area that is open to the beautiful kitchen with custom cabinets, granite counter tops, mosaic tile back splash complete with a stainless steel appliances. This home boasts energy efficient dual pane windows to allow the natural light to come through, tile flooring in the spa like bathrooms, wood flooring that runs throughout the home, new paneled interior doors, ceiling fans, recessed lighting, interior laundry room, central air and heat, watering system in the front and back yard, community pool, 3 parking places and much more... This home was remodeled less than 4 years ago and is simply stunning and is surrounded by great neighbors!!! The home is located close to Highly Rated Elementary, Middle and High Schools, Restaurants, Shopping, Parks and has easy freeway access. This is a MUST SEE and will not last long!!!

Last Agent to Sell the Property

Raymond Ortiz

T.N.G Real Estate Consultants License #01953677 Listed on: 05/15/2019

T.N.G Real Estate Consultants

Last Buyer's Agent

Jay Bourgana

Radius Agent Realty License #01928658

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,598

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Vinyl Fence
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Wood Flooring
  • Pool Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • <<tubWithShowerToken>>
  • Exhaust Fan In Bathroom

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8394
  • Assessor Parcel Number 93409036

Community Details

Overview

  • 36 Units
  • Park Cypress Villas Homeowners Association, Phone Number (714) 634-0611
  • Tom Fenton HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,598

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Park Cypress Villas
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93409036
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1374.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 393.01
  • Room Type: Kitchen, Laundry, Living Room, Master Suite
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Pool
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Brick, Concrete
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: PARK CYPRESS VILLAS HOMEOWNERS ASSOCIATION
  • Phone: 714-634-0611 Ext
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: TOM FENTON

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 16949998.00
  • Lot Size Acres: 389.1184

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16949998.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Tan Frank M and Tan Maria Chesca
Bought by
Tan Frank M and Tan Maria Chesca
Current Estimated Value
$807,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 9, 2019
Sold by
Lasher Pamela D
Bought by
Tan Frank M and Tan Maria Chesca Kristel N
Seller's Agent
Raymond Ortiz
T.N.G Real Estate Consultants
Buyer's Agent
Jay Bourgana
Radius Agent Realty
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$499,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2013
Sold by
Lesher John K and Lesher Pamela D
Bought by
Lesher John K and Lesher Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,750
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2008
Sold by
Lesher John K and Lesher Pamela D
Bought by
Lesher John K and Lesher Pamela D

Purchase Details

Closed on
Jan 10, 2005
Sold by
Lesher John K and Lesher Pamela D
Bought by
Lesher John K and Lesher Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Lesher J Keith
Bought by
Lesher J Keith J and Lesher Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
5.99%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Tan Frank M -- Fidelity National Title Co
Tan Frank M $540,000 Lawyers Title
Lesher John K -- None Available
Lesher John K -- None Available
Lesher John K -- None Available
Lesher John K -- California Counties Title Co
Lesher J Keith J -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Frank M $480,000
Closed Tan Frank M $491,000
Closed Tan Frank M $499,500
Previous Owner Lesher John K $25,000
Previous Owner Lesher John K $290,000
Previous Owner Lesher John K $221,750
Previous Owner Lesher John K $98,500
Previous Owner Lesher John K $32,000
Previous Owner Lesher John K $50,000
Previous Owner Lesher John K $297,500
Previous Owner Lesher J Keith $118,900
Previous Owner Lesher J Keith J $45,800
Previous Owner Lesher J Keith $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $540,000 0.0% $393 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $540,000 -- $393 / 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 $6,598 $578,987 $475,156 $103,831
2023 $6,446 $567,635 $465,839 $101,796
2022 $6,371 $556,505 $456,705 $99,800
2021 $6,287 $545,594 $447,750 $97,844
2020 $6,340 $540,000 $443,159 $96,841
2019 $1,265 $90,036 $28,013 $62,023
2018 $1,247 $88,271 $27,464 $60,807
2017 $1,209 $86,541 $26,926 $59,615
2016 $1,197 $84,845 $26,398 $58,447
2015 $1,185 $83,571 $26,001 $57,570
2014 $1,130 $81,934 $25,491 $56,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19112981

California Regional Multiple Listing Service (CRMLS)

APN: 934-090-36