NOT LISTED FOR SALE

5581 Crescent Ave Unit 2 Cypress, CA 90630

Estimated Value: $681,000 - $766,000

2 Beds
2.5 Baths
1,409 Sq Ft
$250/mo HOA Fee

Last Sold June 26, 2013

Last sale price $340,000 $241 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,418/month

94 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Family Room Off Kitchen
  • George B. Miller Elementary School Rated A-
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of June 2013

Welcome home to the city of Cypress or what used to be known as “Dairy City,” but much has changed from the days of the dairy industry. The city is host to the Los Alamitos Race Track and enjoys one of the best locations in the county of Orange. This is a condominium that features two bedrooms, two and one half bathrooms plus a private rear patio. The property has been prepared for the market and now shows fresh and bright. You may agree that the unit is only waiting on your decorating skills to create a home. You will enjoy the association pool and spa, plus commmon areas that remind you of a resort. The location is fantastic; you are close to all the great things in Cypress: Cypress College, parks, recreation, shopping, and transportation. But best of all, the Los Alamitos Race Track is a short walk away and the military operations of the Joint Forces Training Base at Los Alamitos are close by. So come home to Cypress and start to live the Orange County lifestyle today.

Last Agent to Sell the Property

Patrick Bartolic

Coldwell Banker Realty License #00783792 Listed on: 02/19/2013

Coldwell Banker Realty

Last Buyer's Agent

Jon Slear

Coldwell Banker Realty License #01430359

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 1979

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Spa
  • Two or More Common Walls
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10438
  • Assessor Parcel Number 93757002

Community Details

Overview

  • 10 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,930

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93757002
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1409.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 241.31
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
May 28, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Castillo Michelle
Seller's Agent
Patrick Bartolic
Coldwell Banker Realty
Buyer's Agent
Jon Slear
Coldwell Banker Realty
List Price
$374,900
Sold Price
$340,000
Premium/Discount to List
-$34,900
-9.31%
Current Estimated Value
$708,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,603
Avg. Annual Appreciation
6.16%
Original Mortgage
$323,000
Outstanding Balance
$229,661
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$478,942

Purchase Details

Closed on
Nov 19, 2012
Sold by
Patterson Jessica
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 13, 2006
Sold by
Essex Waters At Creekside Llc
Bought by
Siefkes William Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,986
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 27, 2005
Sold by
Orourke Christopher
Bought by
Patterson Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Orourke Christopher
Bought by
Patterson Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Whiteacre Grace
Bought by
Whiteacre Grace

Purchase Details

Closed on
Apr 26, 2004
Sold by
Whiteacre Grace
Bought by
Whiteacre Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Grace Whiteacre
Bought by
Whiteacre Grace and The Whiteacre Trust
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 Buyer Sale Price Title Company
Castillo Michelle $340,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $330,000 Accommodation
Siefkes William Robert -- Stewart Title Of Ca Inc
Patterson Jessica -- Chicago Title Co
Patterson Jessica -- Chicago Title Co
Patterson Jessica $403,000 Chicago Title Co
Whiteacre Grace -- --
Whiteacre Grace -- Orange Coast Title Co
Whiteacre Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Michelle $323,000
Previous Owner Siefkes William Robert $345,986
Previous Owner Patterson Jessica $322,400
Previous Owner Whiteacre Grace $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $340,000 +3.1% $241 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/08/2013 05/08/13 Price Changed $329,900 -12.0% $234 / Sq Ft
02/19/2013 02/19/13 For Sale $374,900 -- $266 / 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 $4,930 $418,680 $308,229 $110,451
2024 $4,930 $410,471 $302,185 $108,286
2023 $4,809 $402,423 $296,260 $106,163
2022 $4,748 $394,533 $290,451 $104,082
2021 $4,681 $386,798 $284,756 $102,042
2020 $4,654 $382,832 $281,836 $100,996
2019 $4,539 $375,326 $276,310 $99,016
2018 $4,458 $367,967 $270,892 $97,075
2017 $4,319 $360,752 $265,580 $95,172
2016 $4,238 $353,679 $260,373 $93,306
2015 $4,191 $348,367 $256,462 $91,905
2014 $3,983 $341,543 $251,438 $90,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13026116

California Regional Multiple Listing Service (CRMLS)

APN: 937-570-02