5640 Orchid Way Cypress, CA 90630
Estimated Value: $1,342,000 - $1,502,684
4
Beds
3
Baths
2,755
Sq Ft
$527/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Primary Bedroom Suite
- Dual Staircase
- Steve Luther Elementary School Rated A-
- Open Floorplan
- Modern Architecture
About This Home
As of October 2022Welcome come to this rare opportunity to own in the desirable and quaint MacKay Place community! This newer William Lyon build offers numerous upgrades with even more custom build done by the seller’s since purchased in 2016. Upon entry, you will notice high ceilings throughout the house, giving you that extra spacious feel. The first floor is all lament leading you to the open concept living area and spacious kitchen with contemporary design. Next to the kitchen is direct access to the two-car garage with a voltage set up for a Tesla or any other electric vehicle. Upstairs is carpeted and greets you with a lounging area for movie nights or can be used for a fun children’s playroom. You will also find two spacious bedrooms with large closets and a laundry room with a sink and plenty of storage. The master en-suite features custom build ceiling moldings that modernizes the room and has a walk-in closet with custom build cabinets and a large master bathroom with dual sinks for his and her, deluxe tub, and a sit-down shower. You also find the perfect yard space with turf and putting green to the side. And for those who enjoy gardening will have the perfect wooden garden bed to plant flowers or vegetables. The home is upgraded to Smart Home allows you to control light dimmers throughout the house which can also be hooked to Alexa, security cameras, and Smart Garage which allows you to monitor and control your garage door from your phone. You won’t want to miss this turnkey home located in the community with the best park in town, Mackay Park and close proximity to top tier school districts like Walker Jr. High, Kennedy High School, and Oxford Academy.
Last Agent to Sell the Property
Circa Properties, Inc. License #02038537 Listed on: 09/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,382
Year Built
- Built in 2016 | Newly Remodeled
Lot Details
- 3,867 Sq Ft Lot
- Back and Front Yard
HOA Fees
- $124 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 2,755 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Shutters
- Family Room Off Kitchen
- Living Room
- Den
- Storage
- Laminate Flooring
- Smart Home
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Convection Oven
- Built-In Range
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
Listing and Financial Details
- Assessor Parcel Number 26246168
Community Details
Overview
- Mackay Place Association
- Built by William Lyon
Recreation
- Park
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2022
Closed on
Oct 11, 2022
Sold by
Kim Isaac and Kim Soojin
Bought by
Puvvada Rajiv
Seller's Agent
Shannon Yoon
Circa Properties, Inc.
Buyer's Agent
Mahesh Mike Patel
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,270,099
Premium/Discount to List
$20,099
1.61%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,072
Avg. Annual Appreciation
6.11%
Original Mortgage
$894,000
Outstanding Balance
$863,318
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$623,063
Purchase Details
Closed on
Oct 21, 2016
Sold by
Cypress Avenue Owner Llc
Bought by
Kim Isaac and Hong Soojin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Puvvada Rajiv | $1,270,500 | California Best Title | |
| Kim Isaac | $922,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Puvvada Rajiv | $894,000 | |
| Previous Owner | Kim Isaac | $675,000 | |
| Previous Owner | Kim Isaac | $520,000 | |
| Previous Owner | Kim Isaac | $360,000 | |
| Previous Owner | Kim Isaac | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2022 10/27/22 | Sold | $1,270,099 | 0.0% | $461 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 10/07/2022 10/07/22 | Off Market | $1,270,099 | -- | -- |
| 09/28/2022 09/28/22 | For Sale | $1,250,000 | -- | $454 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,382 | $1,295,500 | $731,023 | $564,477 |
| 2023 | $14,060 | $1,270,099 | $716,690 | $553,409 |
| 2022 | $11,311 | $1,007,864 | $513,596 | $494,268 |
| 2021 | $11,162 | $988,102 | $503,525 | $484,577 |
| 2020 | $11,121 | $977,971 | $498,362 | $479,609 |
| 2019 | $10,798 | $958,796 | $488,591 | $470,205 |
| 2018 | $10,652 | $939,997 | $479,011 | $460,986 |
| 2017 | $10,279 | $921,566 | $469,618 | $451,948 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Yoon
Seller's Agent in 2022
Shannon Yoon
Circa Properties, Inc.
(714) 507-8228
2 in this area
14 Total Sales
-
Mahesh Mike Patel
Buyer's Agent in 2022
Mahesh Mike Patel
First Team Real Estate
(714) 470-8600
1 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS22208002
APN: 262-461-68
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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