NOT LISTED FOR SALE

5581 Danny Ave Cypress, CA 90630

Estimated Value: $714,000 - $831,745

2 Beds
1 Bath
763 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $630,000 $826 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,716/month

25 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Laundry Room
  • Steve Luther Elementary School Rated A-
  • Bathtub
  • 4-minute walk to Mackay Park

About This Home

As of November 2022

First look in many years, Lovingly lived in and modestly kept throughout its ownership. The home features 2 bedroom 1 bath in the main house with laundry are, covered patio room, and one car garage. Attached to the rear of the one car garage approximately 300 sq ft. artist studio and bathroom. This oversized lot has huge potential for a new owner user or development. Multiple options for future development. Duplex plus an Accessory Dwelling Unit.

Last Agent to Sell the Property

Bill D'Alvia

Vista Sotheby's Int'l Realty License #01883312 Listed on: 09/21/2022

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Truc Hoang Nguyen

Winland Realty & Mortgage, Inc License #02102216

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,825 Sq Ft Lot
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Additional Features

  • Suburban Location
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1150
  • Assessor Parcel Number 26247132
  • $363 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26247132
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 763.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 825.69
  • Room Type: Family Room, Kitchen, Laundry
  • Bathroom Features: Bathtub

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7825.00
  • Lot Size Acres: 0.1796

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7825.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.10
  • Tax Lot: 10
  • Tax Tract Number: 1150
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 2, 2022
Sold by
Margaret Nieto-Castaneda Living Trust
Bought by
Linh Bui Huy and Nguyen Lan Diep
Seller's Agent
Bill D'Alvia
Vista Sotheby's Int'l Realty
Buyer's Agent
Truc Hoang Nguyen
Winland Realty & Mortgage, Inc
List Price
$729,000
Sold Price
$630,000
Premium/Discount to List
-$99,000
-13.58%
Views
21
Current Estimated Value
$785,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,186
Avg. Annual Appreciation
7.19%
Original Mortgage
$472,000
Outstanding Balance
$457,337
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$327,849

Purchase Details

Closed on
Aug 16, 2000
Sold by
Margaret Castaneda
Bought by
The Margaret Nieto Castaneda Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Linh Bui Huy $630,000 Old Republic Title
The Margaret Nieto Castaneda Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linh Bui Huy $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $630,000 +0.2% $826 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $629,000 -13.7% $824 / Sq Ft
09/21/2022 09/21/22 For Sale $729,000 -- $955 / 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 $7,369 $655,452 $615,758 $39,694
2024 $7,369 $642,600 $603,684 $38,916
2023 $7,202 $630,000 $591,847 $38,153
2022 $773 $44,092 $25,005 $19,087
2021 $761 $43,228 $24,515 $18,713
2020 $755 $42,785 $24,263 $18,522
2019 $742 $41,947 $23,788 $18,159
2018 $731 $41,125 $23,322 $17,803
2017 $711 $40,319 $22,865 $17,454
2016 $703 $39,529 $22,417 $17,112
2015 $694 $38,936 $22,081 $16,855
2014 $666 $38,174 $21,649 $16,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22200076

California Regional Multiple Listing Service (CRMLS)

APN: 262-471-32