NOT LISTED FOR SALE

5571 Newman St Cypress, CA 90630

Estimated Value: $748,000 - $1,159,000

2 Beds
2 Baths
1,429 Sq Ft
$630/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2016

Last sale price $580,000 $406 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,527 / mo

59 Days on Market

Highlights

  • 7 Car Attached Garage
  • Ceiling Fan
  • 1-Story Property
  • Juliet Morris Elementary School Rated A

About This Home

As of January 2016

Two separate detached SFR on a sizable flat lot. The front house is 2+1 @ approximately 621 SF built in 1948 with its own private front and backyard and patio area. Woodflooring in the living room and carpted bedrooms w/ its own dedicated laundry area plus a separate storage space approximately 8x8. Rear house is 2+1 @ approximately 808 SF built in 1964 with attached garage for TWO cars and a separate CARPORT for THREE car parking. It also has its own private backyard and its own laundry area in the garage. Rear house is currently occupied by month-to-month tenant paying $1,400/mo. Award winning school district and close to parks. Buyer(s) to cooperate with the seller's #1031 Exchange. Property is being sold in its "AS-IS" current physical condition.

Last Agent to Sell the Property

Priscilla Kim

Redpoint Realty License #01301715 Listed on: 10/23/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,750 Sq Ft Lot

Interior Spaces

  • 2 Bathrooms
  • 1,429 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Parking

  • 7 Car Attached Garage
  • Carport

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 244-502-18

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1429
  • Probate: No
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 405.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Carport
  • Total Parking: 7

Utilities

  • Water Expense: 85.00

Lot Info

  • Assessed Improvement Value: 52017
  • Assessed Land Value: 409057
  • Assessor Parcel Number: 244-502-18
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: 2 unit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 18, 2015
Sold by
Bought by
Seller's Agent
Priscilla Kim
Redpoint Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$579,000
Sold Price
$580,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$900,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,781
Avg. Annual Appreciation
4.33%
Original Mortgage
$560,642
Outstanding Balance
$444,110
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$456,671

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jan 16, 2013
Sold by
Bought by
Seller's Agent
Roxanne Dahl
RE/MAX Select One
Buyer's Agent
Priscilla Kim
Redpoint Realty
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Jan 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 Chicago Title Company
$450,000 First American Title Company
$310,000 Lawyers Title Company
-- --
-- Fidelity National Title Ins
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,642
Previous Owner $248,000
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2016 01/11/16 Sold $580,000 +0.2% $406 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $579,000 +28.7% $405 / Sq Ft
01/25/2013 01/25/13 Sold $450,000 -9.8% $315 / Sq Ft View Prior Sale
01/14/2013 01/14/13 For Sale $499,000 0.0% $349 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
01/08/2013 01/08/13 Price Changed $499,000 -3.9% $349 / Sq Ft
01/03/2013 01/03/13 For Sale $519,000 -- $363 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,773 $686,600 $624,980 $61,620
2024 $7,773 $673,138 $612,726 $60,412
2023 $7,594 $659,940 $600,712 $59,228
2022 $7,504 $647,000 $588,933 $58,067
2021 $7,405 $634,314 $577,385 $56,929
2020 $7,375 $627,810 $571,464 $56,346
2019 $7,169 $615,500 $560,258 $55,242
2018 $7,072 $603,432 $549,273 $54,159
2017 $6,829 $591,600 $538,502 $53,098
2016 $5,619 $468,105 $415,295 $52,810
2015 $5,578 $461,074 $409,057 $52,017
2014 $5,286 $452,043 $401,044 $50,999
Source: Public Records

Agents Affiliated with this Home

  • Priscilla Kim

    Seller's Agent in 2016

    Priscilla Kim

    Redpoint Realty

    (213) 385-6500

    4 Total Sales

    Priscilla Kim
    Section Image

  • S

    Buyer's Agent in 2016

    Subscriber Non

    Non-Participant Office

  • R

    Seller's Agent in 2013

    Roxanne Dahl

    RE/MAX

    Section Image
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Map

Source: The MLS

MLS Number: 15-952415

The MLS

APN: 244-502-18

California Orange County Cypress 90630

5571 Newman St, Cypress, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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