$450,000
SOLD JAN 25, 2013

5571 Newman St Cypress, CA 90630

2 Beds
1 Bath
1,429 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$315 Per Sq Ft

10% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • 2 Car Attached Garage
  • Juliet Morris Elementary School Rated A
  • Fireplace
  • Eat-In Kitchen

About This Home

As of January 2016

TWO SINGLE FAMILY RESIDENCES ON A LOT - NICE CLEAN PROPERTY AND RECENTLY UPDATED. PROBATE SALE. **PLEASE DO NOT CONTACT TENANT -- 72 HOUR NOTICE MUST BE GIVEN TO LISTING AGENT & WILL MEET AT PROPERTY TO SHOW/NO LOCK BOX.** 1.FRONT HOME IS 2BD/1BA APPROX. 621 SQ.FT.(1948). HAS NEWER: HARDWOOD FLOORS/CARPET, LIGHTING/FANS, BATHROOM UPGRADES, STOVE AND FRIDGE, CABINETRY FINISH, WARDROBE MIRRORS. ATTACHED LAUNDRY SHED. CARPORT, ADDL 2 CAR DRIVEWAY PARKING. PRIVATE FRONT AND BACK YARD WITH NEW LAWN IN FRONT, PATIO AREA IN BACK AND SIDE. LEASED $1350/MO/1YR 2.REAR HOME IS 2BD/1BA APPROX 808 SQ.FT. (1964). HAS NEWER PAINT, CARPET. HAS PRIVATE YARD. ATTACHED 2 CAR GARAGE W/LAUNDRY + ADDL 3 CAR PARKING. REAR HOME CURRENTLY RENTS FOR $1295/MO TO MO. EXCELLENT SCHOOL DISTRICT/MANY PARKS NEARBY. NEWER 8X8 TOOL SHED. ********PROBATE SALE

Last Agent to Sell the Property

Roxanne Dahl

RE/MAX Select One License #01044479 Listed on: 01/03/2013

RE/MAX Select One

Last Buyer's Agent

Priscilla Kim

Redpoint Realty License #01301715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,773

Year Built

  • Built in 1948

Lot Details

  • 6,750 Sq Ft Lot
  • Wood Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,429 Sq Ft Home
  • Fireplace
  • Blinds
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Slab Porch or Patio
  • Shed

Additional Homes

  • Two Homes on a Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2728 / 11
  • Tax Tract Number 731
  • Assessor Parcel Number 24450218

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,773

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 562-774-7600
  • Property Attached: No
  • Subdivision Name Other: UNKNOWN
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24450218
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1429.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 314.91
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Call Listing Office

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6750.0000 Square Feet

Tax Info

  • Tax Block: 11
  • Tax Lot: 2728
  • Tax Tract Number: 731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 18, 2015
Sold by
C & S Lee Properties Llc
Bought by
Patel Bhaveshkumar Ishwarlal
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
$928,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,064
Avg. Annual Appreciation
5.00%
Original Mortgage
$560,642
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jan 16, 2013
Sold by
Dahl Roxanne Jacqueline
Bought by
C & S Lee Properties Llc
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
Shutts Robert W and Shutts Colleen G
Bought by
Dahl Randall J

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
Shutts Robert V and Shutts Colleen
Bought by
Shutts Robert W and Shutts Colleen G

Purchase Details

Closed on
Feb 11, 1998
Sold by
Shutts Robert V and Shutts Colleen
Bought by
Shutts Robert W and Shutts Colleen G

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
Shutts Robert W and Shutts Colleen G
Bought by
Shutts Robert W and Shutts Colleen G
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 Type Sale Price Title Company
Grant Deed $580,000 Chicago Title Company
Grant Deed $450,000 First American Title Company
Grant Deed $310,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $553,113 FHA
Closed $560,642 FHA
Previous Owner $280,000 Unknown
Previous Owner $248,000 Purchase Money Mortgage
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S721929

California Regional Multiple Listing Service (CRMLS)

APN: 244-502-18