NOT LISTED FOR SALE

5581 Crescent Ave Unit 1 Cypress, CA 90630

Estimated Value: $681,000 - $727,000

2 Beds
2.5 Baths
1,277 Sq Ft
$549/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $569,900 $446 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,520/month

39 Days on Market

Highlights

  • Spa
  • Two Primary Bedrooms
  • Cathedral Ceiling
  • George B. Miller Elementary School Rated A-
  • Contemporary Architecture
  • Bonus Room

About This Home

As of October 2021

Wonderful end unit townhome in the heart of Cypress. You will love how much light there is! Stunning soaring ceilings in the living room, an inviting and modern open floor plan with dining open to living room with a cozy gas fireplace and two sliders to your private rear patio with block walls and elevated flower beds. Space for outdoor dining and relaxing! The kitchen just had an update, with newly painted cabinets, new quartz countertops, new sink and fixtures.. it is just off the dining room, is spacious and efficient with dishwasher, microwave, refrigerator and stove in white, and it has direct access to a large 2-car garage with laundry hook-ups. There is a 1/2 bath on the main floor as well that has a new countertop and faucets. Upstairs there is a skylight and nook that can be used as a small computer work area. There are 2 spacious bedrooms, both en-suite masters with private baths, mirrored closet doors, and lots of storage. The huge Master suite has a cathedral ceiling, two closets with mirrored doors plus a sliding door opening to a large balcony, and private master bath. The second bedroom has private bath, large closet and linen storage cabinets, perfect for guest room or to use as a second master. Off the larger master, there is a very functional large bonus alcove that overlooks the living space and has a large exterior window for a good flow-through breeze, suitable for a great office or computer space--a true multi-usage area . Enjoy your association pool and spa. Smaller complex of 10 units, with extra guest parking and open grass area. This is a fantastic location, close to highly rated schools, Kennedy High, Cypress College, parks, recreation and shopping. Even the Los Alamitos Race track is only a short distance away. Come on in and feel how relaxed, inviting and flexible your new home can be!

Last Agent to Sell the Property

Heidi Brantley

Coldwell Banker Realty License #01291141 Listed on: 08/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Jason Bai

Elevate Real Estate Agency License #01966828

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1979

Lot Details

  • 1 Common Wall
  • Cul-De-Sac
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Interior Block Wall
  • Stucco

Interior Spaces

  • 1,277 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Blinds
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Bonus Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Balcony
  • Enclosed Patio or Porch

Schools

  • Miller Elementary School
  • Walker Middle School
  • Kennedy High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1603
  • Tax Tract Number 10438
  • Assessor Parcel Number 93757001

Community Details

Overview

  • 10 Units
  • Crescent Garden HOA, Phone Number (714) 616-9864
  • Crescent Garden HOA

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93757001
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1277.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 446.28
  • Room Type: All Bedrooms Up, Bonus Room, Two Masters
  • Spa Features: Association
  • Window Features: Blinds, Skylight(s)
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Enclosed
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Crescent Garden HOA
  • Phone: 714-616-9864
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Crescent Garden

Schools

  • Elementary School: Miller
  • High School: Kennedy
  • Middle Or Junior School: Walker
  • Elementary School #2: MILLER
  • High School2: KENNED

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Latitude Manual: 33.83935500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1103
  • Tax Lot: 1603
  • Tax Tract Number: 10438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 22, 2021
Sold by
Greenberg Michael and Michael Greenberg Living Trust
Bought by
Jin Yanhua and Choi Jun Yong
Seller's Agent
Heidi Brantley
Coldwell Banker Realty
Buyer's Agent
Jason Bai
Elevate Real Estate Agency
List Price
$579,000
Sold Price
$569,900
Premium/Discount to List
-$9,100
-1.57%
Current Estimated Value
$701,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,732
Avg. Annual Appreciation
5.13%
Original Mortgage
$455,000
Outstanding Balance
$424,158
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$277,474

Purchase Details

Closed on
May 26, 2020
Sold by
Greenberg Michael
Bought by
Greenberg Michael and The Michael Greenberg Living T

Purchase Details

Closed on
Jan 9, 2019
Sold by
Calica Debra
Bought by
Greenberg Michael

Purchase Details

Closed on
Jul 26, 2011
Sold by
Luna Rosemary
Bought by
Luna Rosemary and Rosemary Luna Revocable Trust

Purchase Details

Closed on
Dec 15, 2008
Sold by
Henley Billy
Bought by
Luna Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,119
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1999
Sold by
Susan Walter
Bought by
Henley Billy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
Jin Yanhua $570,000 Ticor Title
Greenberg Michael -- None Available
Greenberg Michael -- None Available
Luna Rosemary -- None Available
Luna Rosemary $326,000 Chicago Title Company
Henley Billy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Yanhua $455,000
Previous Owner Luna Rosemary $315,119
Previous Owner Henley Billy $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $569,900 0.0% $446 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $569,900 -1.6% $446 / Sq Ft
08/11/2021 08/11/21 For Sale $579,000 -- $453 / 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 $6,950 $604,781 $495,896 $108,885
2024 $6,950 $592,923 $486,173 $106,750
2023 $6,780 $581,298 $476,641 $104,657
2022 $6,697 $569,900 $467,295 $102,605
2021 $4,693 $387,833 $273,364 $114,469
2020 $4,666 $383,857 $270,561 $113,296
2019 $4,550 $376,331 $265,256 $111,075
2018 $4,391 $368,952 $260,054 $108,898
2017 $4,253 $361,718 $254,955 $106,763
2016 $4,171 $354,626 $249,956 $104,670
2015 $4,124 $349,300 $246,202 $103,098
2014 $3,615 $314,160 $216,013 $98,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21162691

California Regional Multiple Listing Service (CRMLS)

APN: 937-570-01