NOT LISTED FOR SALE

5581 Crescent Ave Unit 7 Cypress, CA 90630

Estimated Value: $686,000 - $774,000

2 Beds
2.5 Baths
1,409 Sq Ft
$522/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $593,000 $421 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,686/month

16 Days on Market

Highlights

  • Community Pool
  • Cul-De-Sac
  • Laundry Room
  • George B. Miller Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2021

Remodeled home in excellent condition, 2 Bedroom and 2 1/2 bathroom with attached 2 car Garage with laundry hookup and lots of storage area. Excellent looking open Floor Plan, Cathedral Ceiling with Bright Skylight, new laminate flooring throughout, Gourmet Kitchen with Refrigerator, Microwave, Gas range with oven, dishwasher, Quartz Counter Top, tile flooring and high quality cabinets with soft close, Sink with Faucet and Garbage Disposal. 2 Master Suit with Full Bath, One of the Master Suit has huge Balcony, 2 Mirrored Wardrobes with Den that can be used as Office space. Cozy Fireplace in Living Room, Covered Patio with excellent space for gardening. Lots of storage space throughout the house. Walking distance to Kennedy High school, Walker Junior, Home depot, Walmart, Bank of America, Coffee Bean, etc. Guest parking open space available within community.
Washing machine and dryer available on request.

Last Agent to Sell the Property

Anil Parekh

KP Realty & Investments Inc License #01912423 Listed on: 05/14/2021

Last Buyer's Agent

Anil Parekh

KP Realty & Investments Inc License #01912423 Listed on: 05/14/2021

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Schools

  • Miller Elementary School

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10438
  • Assessor Parcel Number 93757007

Community Details

Overview

  • 10 Units
  • Crescent Garden HOA, Phone Number (714) 616-9864
  • Classics At Sorrento Subdivision

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: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Classics at Sorrento (CLAS)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93757007
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1409.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 420.87
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash
  • 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: Street Lights
  • Association Management: Crescent Garden HOA

Schools

  • Elementary School: Miller
  • Elementary School #2: MILLER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1103.04
  • Tax Lot: 1
  • Tax Tract Number: 10438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 22, 2021
Sold by
Sathyanarayana Karthik and Medavaram Swetha
Bought by
Mahendran Satish and Pandurangan Vimala
Seller's Agent
Anil Parekh
KP Realty & Investments Inc
Buyer's Agent
Anil Parekh
KP Realty & Investments Inc
List Price
$580,500
Sold Price
$593,000
Premium/Discount to List
$12,500
2.15%
Current Estimated Value
$735,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,656
Avg. Annual Appreciation
4.82%
Original Mortgage
$474,400
Outstanding Balance
$429,510
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$306,146

Purchase Details

Listed on
Jul 15, 2016
Closed on
Aug 10, 2016
Sold by
Chang Hee J
Bought by
Sathyanarayana Karthik and Medavaram Swetha
Seller's Agent
Michelle Sheen
Best Realty & Investment, Inc.
Buyer's Agent
Anil Parekh
KP Realty & Investments Inc
List Price
$419,000
Sold Price
$425,000
Premium/Discount to List
$6,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$340,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Chang Hee J
Bought by
Chang Hee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,724
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Lamb Michael and Lamb Jennifer
Bought by
Chang Hee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2001
Sold by
Sanchez Juan M
Bought by
Tiznado Claudina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.09%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Tiznado Claudina M
Bought by
Lamb Michael and Lamb Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.09%

Purchase Details

Closed on
Nov 1, 1994
Sold by
Tiznado Claudina M
Bought by
Tiznado Claudina M
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
Mahendran Satish $593,000 Wfg National Title Company
Sathyanarayana Karthik $425,000 Chicago Title Company
Chang Hee J -- First Title & Escrow Llc
Chang Hee J $389,000 Lawyers Title
Tiznado Claudina M -- New Century Title Company
Lamb Michael $199,000 New Century Title Company
Tiznado Claudina M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahendran Satish $474,400
Previous Owner Sathyanarayana Karthik $340,000
Previous Owner Chang Hee J $298,724
Previous Owner Chang Hee J $299,000
Previous Owner Lamb Michael $159,200
Closed Lamb Michael $29,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $593,000 +2.2% $421 / Sq Ft
06/01/2021 06/01/21 For Sale $580,500 -2.1% $412 / Sq Ft
05/31/2021 05/31/21 Off Market $593,000 -- --
05/14/2021 05/14/21 For Sale $580,500 0.0% $412 / Sq Ft
05/13/2021 05/13/21 Price Changed $580,500 0.0% $412 / Sq Ft
11/29/2018 11/29/18 Rented $2,300 0.0% --
11/01/2018 11/01/18 For Rent $2,300 0.0% --
08/25/2016 08/25/16 Sold $425,000 +1.4% $302 / Sq Ft View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $419,000 -- $297 / 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 $7,352 $641,881 $522,342 $119,539
2024 $7,352 $629,296 $512,100 $117,196
2023 $7,173 $616,957 $502,058 $114,899
2022 $7,086 $604,860 $492,213 $112,647
2021 $5,451 $455,685 $350,408 $105,277
2020 $5,420 $451,013 $346,815 $104,198
2019 $5,284 $442,170 $340,015 $102,155
2018 $5,111 $433,500 $333,348 $100,152
2017 $4,950 $425,000 $326,811 $98,189
2016 $4,572 $384,000 $263,822 $120,178
2015 $4,331 $361,000 $240,822 $120,178
2014 $4,000 $343,200 $223,022 $120,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21098627

California Regional Multiple Listing Service (CRMLS)

APN: 937-570-07