NOT LISTED FOR SALE

5642 Bishop St Cypress, CA 90630

Estimated Value: $668,000 - $846,000

4 Beds
2 Baths
1,476 Sq Ft
$518/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $650,000 $440 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,789/month

60 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Storage
  • Juliet Morris Elementary School Rated A
  • Laundry Room
  • Carpet

About This Home

As of October 2022

INVESTORS WELCOME! This is your chance to invest in a deal of a lifetime. You can rent out both units, or rent out one side and live in the other. There are endless opportunities for what you can do. You can fix this property into your own masterpiece. This property offers prime locations with appreciation and a positive return on your money. Location near Cypress College, Oxford Academy, Cypress High School, and John F Kennedy High School. Only 15 minutes from Disneyland is a bonus. Located near shopping centers and accessible to everything you need. Submit an offer today!

Last Agent to Sell the Property

JC Vann

Douglas Elliman of California, Inc. License #02156949 Listed on: 07/28/2022

Douglas Elliman of California, Inc.

Last Buyer's Agent

JC Vann

Douglas Elliman of California, Inc. License #02156949 Listed on: 07/28/2022

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,739

Year Built

  • Built in 1947

Lot Details

  • 6,875 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,476 Sq Ft Home
  • Storage
  • Carpet

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 24447303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,739

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Ad Number: 7148141232
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 24447303
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1476.00 Square Feet
  • Interior Amenities: Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 440.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Cypress School District

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6875.00
  • Lot Size Acres: 0.1578

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6875.0000 Square Feet
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 27, 2022
Sold by
Brent Cannon Trust
Bought by
Chung Norman and Zheng Liwel
Seller's Agent
JC Vann
Douglas Elliman of California, Inc.
Buyer's Agent
JC Vann
Douglas Elliman of California, Inc.
List Price
$849,000
Sold Price
$650,000
Premium/Discount to List
-$199,000
-23.44%
Views
19
Current Estimated Value
$756,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,852
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Oct 26, 2018
Sold by
Cannon Brent
Bought by
Cannon Brent
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chung Norman $650,000 First American Title
Cannon Brent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon Brent $225,000
Previous Owner Cannon Brent $24,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $650,000 -23.4% $440 / Sq Ft
07/28/2022 07/28/22 For Sale $849,000 -- $575 / 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 $7,739 $676,260 $608,648 $67,612
2024 $7,739 $663,000 $596,713 $66,287
2023 $7,562 $650,000 $585,012 $64,988
2022 $3,688 $290,974 $216,776 $74,198
2021 $3,640 $285,269 $212,525 $72,744
2020 $3,624 $282,344 $210,345 $71,999
2019 $3,530 $276,808 $206,220 $70,588
2018 $3,484 $271,381 $202,177 $69,204
2017 $3,371 $266,060 $198,212 $67,848
2016 $3,342 $260,844 $194,326 $66,518
2015 $3,316 $256,926 $191,407 $65,519
2014 $3,149 $251,894 $187,658 $64,236
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JC Vann

    Douglas Elliman of California, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22164842

California Regional Multiple Listing Service (CRMLS)

APN: 244-473-03

California Orange County Cypress 90630

5642 Bishop St, Cypress, CA

This home is located at 5642 Bishop St, Cypress, CA 90630 since 28 July 2022 and is currently estimated at $764,323, approximately $517 per square foot. This property was built in 1947. 5642 Bishop St is a home located in Orange County with nearby schools including Juliet Morris Elementary School, Lexington Junior High School, and Cypress High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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