NOT LISTED FOR SALE

5575 Orchid Way Cypress, CA 90630

Estimated Value: $1,436,474 - $1,732,000

4 Beds
3 Baths
2,755 Sq Ft
$564/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $1,066,000 $387 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,242/month

91 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Bedroom
  • Steve Luther Elementary School Rated A-
  • Property is near park
  • 3-minute walk to Mackay Park

About This Home

As of September 2020

Mackay Place by William Lyon Homes. This home was built in 2016 and was a model home with all the upgrades imaginable. This modern home has all the updates throughout the home. The kitchen includes full new appliances, wine fridge, dishwasher, new cabinets, backsplash, and countertop. Window treatments throughout the house with Hunter Douglas blinds and white shutters. The main floor has Italian tiles throughout. There is a home audio system with ceiling speakers installed on the main floor and the upstairs loft. The home has a sprinkler system throughout the home and an alarm system wired. The home has Dual control AC/Heating unit for upstairs and downstairs. There is one bedroom downstairs and three bedrooms upstairs. There is a separate laundry room upstairs with a sink. There are three full bathrooms, one downstairs and two upstairs, including Master bathroom with a soaking tub and a large shower. The two bedroom closets have custom cabinets installed last year and the Master bedroom has a large walk in closet. The garage has custom closets installed last year for additional storage and a two car garage. The home also has a tankless water tank and is solar ready for installation.

Last Agent to Sell the Property

Matthew Yoon

Capital Land Consulting, Inc License #01872044 Listed on: 05/28/2020

Last Buyer's Agent

Baotuan Nguyenphuoc

NP Realty License #01807001

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 3,393 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Copper Plumbing

Interior Spaces

  • 2,755 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Drapes & Rods
  • Blinds
  • Formal Entry
  • Family Room
  • Living Room
  • Dining Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Cypress Elementary School
  • Walker Middle School
  • Kennedy High School

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Standard Electricity
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Outdoor Grill
  • Property is near park

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 17669
  • Assessor Parcel Number 26246134

Community Details

Overview

  • Mackay Place Homeowners Associations Association, Phone Number (949) 363-9930
  • Bhe Mangement Corp HOA

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$123 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Clock
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26246134
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2755.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Crown Molding, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 386.93
  • Room Type: Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Drapes, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower

Exterior Features

  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Park/Greenbelt
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 123.00
  • Association Fee Frequency: Monthly
  • Association Name: Mackay Place Homeowners Associations
  • Phone: 949-363-9930
  • Senior Community: No
  • Community Features: Curbs, Sidewalks
  • Association Management: BHE Mangement Corp

Schools

  • Elementary School: Cypress
  • High School: Kennedy
  • Middle Or Junior School: Walker
  • Elementary School #2: CYPRES
  • High School2: KENNED

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby
  • Lot Size Sq Ft: 3393.00
  • Lot Size Acres: 0.0779

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3393.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.10
  • Tax Lot: 3
  • Tax Tract Number: 17669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Sep 24, 2020
Sold by
Pyo Paul and Pyo Elizabeth
Bought by
Kitagawa Kevin Yutaka and Kitagawa Lisa
Seller's Agent
Matthew Yoon
Capital Land Consulting, Inc
Buyer's Agent
Baotuan Nguyenphuoc
NP Realty
List Price
$1,169,000
Sold Price
$1,066,000
Premium/Discount to List
-$103,000
-8.81%
Current Estimated Value
$1,553,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,869
Avg. Annual Appreciation
7.33%
Original Mortgage
$852,800
Outstanding Balance
$758,520
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$795,349

Purchase Details

Closed on
May 24, 2017
Sold by
Cypress Avenue Owner Llc
Bought by
Pyo Paul and Pyo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,200
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Kitagawa Kevin Yutaka $1,066,000 Commonwealth Land Title
Pyo Paul $1,010,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitagawa Kevin Yutaka $852,800
Previous Owner Pyo Paul $807,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $1,066,000 -6.4% $387 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $1,139,000 -2.6% $413 / Sq Ft
05/28/2020 05/28/20 For Sale $1,169,000 -- $424 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,599 $1,153,871 $598,570 $555,301
2024 $12,599 $1,131,247 $586,834 $544,413
2023 $12,315 $1,109,066 $575,327 $533,739
2022 $12,180 $1,087,320 $564,046 $523,274
2021 $12,097 $1,066,000 $552,986 $513,014
2020 $12,239 $1,071,807 $596,491 $475,316
2019 $11,884 $1,050,792 $584,795 $465,997
2018 $11,725 $1,030,189 $573,329 $456,860
2017 $7,767 $683,134 $231,186 $451,948
Source: Public Records

Agents Affiliated with this Home

  • Matthew Yoon

    Seller's Agent in 2020

    Matthew Yoon

    Capital Land Consulting, Inc

    (562) 502-7205

    5 Total Sales

    Matthew Yoon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20102302

California Regional Multiple Listing Service (CRMLS)

APN: 262-461-34

California Orange County Cypress 90630

5575 Orchid Way, Cypress, CA

Not Listed for Sale

Detached

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