NOT LISTED FOR SALE

5512 Marcella Ave Cypress, CA 90630

Estimated Value: $1,044,000 - $1,375,000

4 Beds
2.5 Baths
1,631 Sq Ft
$723/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $985,000 $604 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,101/month

12 Days on Market

Highlights

  • Parking available for a boat
  • Updated Kitchen
  • Main Floor Bedroom
  • Frank Vessels Elementary School Rated A-
  • Open Floorplan
  • Granite Countertops

About This Home

As of March 2023

Introducing a stunning one-story home situated in the delightful & charming city of Cypress, the perfect place for your dream home. This detached single-family residence radiates refinement and grace from every corner, featuring an addition in 2005, a recent remodel in 2016, and a brand-new roof installed just a year ago. Step into the captivating interior that effortlessly blends contemporary and traditional design elements, exuding grandeur and elegance at every turn. Boasting a spacious and thoughtfully designed floor plan, this gem of a home features premium amenities and exquisite finishes that are sure to please even the most meticulous of buyers. As you enter the inviting entry, you'll immediately sense the seamless integration of modern comforts and classic charm. This spacious home is perfect for indulging and entertaining family and loved ones. The expansive living areas are thoughtfully designed, featuring an array of high-end appliances and finishes that create a true masterpiece of comfort and style. The over-sized lot allows for endless entertainment possibilities, with a covered patio and an open canvas to design and create your perfect outdoor oasis for relaxation and activities. You could plant your favorite fruit trees, herb and vegetable gardens or even build a swimming pool and spa in the future if that’s more your vibe. The property has an extra-long driveway located on the side, providing ample space for storing recreational vehicles such as a motorhome, jet skis, or a boat. Cypress is a family-centered community known for its high-quality environment and bustling civic center. The area boasts exceptional public and private schools, including Oxford Academy and Cypress College, ranked #3 best community college in the nation. Additionally, the city features numerous beautiful parks and vibrant commercial districts with a diverse range of shopping and dining options, making Cypress the ideal location for anyone looking for an incredible place to call home.

Last Agent to Sell the Property

Ramzi Ataya

Engel & Völkers Newport Beach License #01265136 Listed on: 02/24/2023

Engel & Völkers Newport Beach

Last Buyer's Agent

Derrick Ho

D&A Realty and Mortgage Inc. License #01364360

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 7,200 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway Level
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,631 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 157
  • Tax Tract Number 3910
  • Assessor Parcel Number 24112602
  • $367 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: No
  • View: No
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24112602
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1631.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 603.92
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Driveway Level, Garage, Garage - Single Door, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653
  • Latitude Manual: 33.81410800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.14
  • Tax Lot: 157
  • Tax Tract Number: 3910
  • TaxOtherAnnualAssessmentAmount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 24, 2023
Sold by
Ha Linh T
Bought by
Nguyen Mark V
Seller's Agent
Ramzi Ataya
Engel & Völkers Newport Beach
Buyer's Agent
Derrick Ho
D&A Realty and Mortgage Inc.
List Price
$974,900
Sold Price
$985,000
Premium/Discount to List
$10,100
1.04%
Views
48
Current Estimated Value
$1,179,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,063
Avg. Annual Appreciation
6.63%
Original Mortgage
$770,000
Outstanding Balance
$746,641
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$432,423

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 16, 2023
Sold by
Vo Sally Yee
Bought by
Vo Tam Minh
Seller's Agent
Ramzi Ataya
Engel & Völkers Newport Beach
Buyer's Agent
Derrick Ho
D&A Realty and Mortgage Inc.
List Price
$974,900
Sold Price
$985,000
Premium/Discount to List
$10,100
1.04%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$746,641
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$432,423

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 9, 2023
Sold by
Osilla Pedro I and Osilla Jane P
Bought by
Nguyen Mark V and Vo Tam Minh
Seller's Agent
Ramzi Ataya
Engel & Völkers Newport Beach
Buyer's Agent
Derrick Ho
D&A Realty and Mortgage Inc.
List Price
$974,900
Sold Price
$985,000
Premium/Discount to List
$10,100
1.04%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$746,641
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$432,423

Purchase Details

Closed on
Jan 27, 2022
Sold by
Osilla Pedro I and Osilla Jane P
Bought by
Osilla Pedro I and Osilla Jane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2017
Sold by
Herrera Gisbert
Bought by
Osilla Pedro I and Osilla Jane P

Purchase Details

Closed on
Jun 6, 2013
Sold by
Osilla Pedro I and Osilla Jane P
Bought by
Osilla Pedro I and Osilla Jane P

Purchase Details

Closed on
Aug 11, 2005
Sold by
Grisso Chester and Reimer Kim
Bought by
Osilla Pedro I and Osilla Jane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1994
Sold by
Reimer Donald P and Reimer Ina W
Bought by
Reimer Donald P and Reimer Ina W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Mark V -- Orange Coast Title
Vo Tam Minh -- Orange Coast Title
Nguyen Mark V $985,000 Orange Coast Title
Osilla Pedro I -- New Title Company Name
Osilla Pedro I -- Accommodation
Osilla Pedro I -- None Available
Osilla Pedro I $545,000 Progressive Title Company
Reimer Donald P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Mark V $770,000
Previous Owner Osilla Pedro I $600,000
Previous Owner Osilla Pedro I $490,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $985,000 +1.0% $604 / Sq Ft
02/24/2023 02/24/23 For Sale $974,900 -- $598 / 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 $11,225 $1,024,794 $896,515 $128,279
2024 $11,225 $1,004,700 $878,936 $125,764
2023 $8,809 $785,365 $640,877 $144,488
2022 $8,488 $749,700 $628,311 $121,389
2021 $8,376 $735,000 $615,991 $119,009
2020 $7,807 $679,000 $565,983 $113,017
2019 $7,729 $679,000 $565,983 $113,017
2018 $7,772 $679,000 $565,983 $113,017
2017 $6,755 $597,000 $489,365 $107,635
2016 $6,432 $561,000 $453,365 $107,635
2015 $6,478 $561,000 $453,365 $107,635
2014 $5,768 $516,000 $408,365 $107,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23031704

California Regional Multiple Listing Service (CRMLS)

APN: 241-126-02