NOT LISTED FOR SALE

5661 Lincoln Ave Cypress, CA 90630

Estimated Value: $1,235,401

Studio
-- Bath
3,230 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $449,000 $139 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $7,082/month

About This Home

Exceptional opportunity for savvy investors.This mixed-use commercial property is located on desirable city of Cypress on the busy redevelopment area of Lincoln Ave.Currently two one bedroom one bath houses with huge back yard,plus a detached 2 car garage, commercial building in the front with 5 business units.Lot size aproximately 15817 SqFt with 72'ft frontage on Lincoln Ave.Current rents are very very low.Call for more info.Lincoln Avenue Project Area:Lincoln Avenue represents one of the major commercial corridors in the City of Cypress and consists mainly of mixed-use and highway-oriented businesses. Predominant land uses in the area are heavy commercial, with an additional mix of uses, including general commercial, multiple-family residential, single-family residential, church, and public/semi-public.The entire 3 mile length of Lincoln Avenue has undergone a $6.5 million streetscape improvement as part of a comprehensive revitalization effort to 'Rediscover Lincoln'

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2019
Sold by
Farell Teresa
Bought by
T F Z Investments Llc
Current Estimated Value
$1,235,401

Purchase Details

Listed on
Jan 21, 2012
Closed on
Apr 17, 2012
Sold by
Finaldi Vince and Finaldi Ida
Bought by
Farell Teresa
Seller's Agent
Geety Vafai
BHHS CA Properties
Buyer's Agent
Geety Vafai
BHHS CA Properties
List Price
$469,000
Sold Price
$449,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$404,000
Interest Rate
3.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
T F Z Investments Llc -- None Available
Farell Teresa $449,000 Landwood Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farell Teresa $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2012 05/24/12 Sold $449,000 -4.3% $139 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $469,000 -- $145 / Sq Ft

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 $7,010 $563,965 $438,366 $125,599
2024 $7,010 $552,907 $429,770 $123,137
2023 $6,843 $542,066 $421,343 $120,723
2022 $6,753 $531,438 $413,082 $118,356
2021 $6,666 $521,018 $404,982 $116,036
2020 $6,636 $515,676 $400,829 $114,847
2019 $6,466 $505,565 $392,969 $112,596
2018 $6,380 $495,652 $385,263 $110,389
2017 $6,174 $485,934 $377,709 $108,225
2016 $6,121 $476,406 $370,303 $106,103
2015 $6,073 $469,250 $364,740 $104,510
2014 $5,769 $460,059 $357,596 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Geety Vafai

    Seller's Agent in 2012

    Geety Vafai

    BHHS CA Properties

    (714) 403-0203

    12 Total Sales

    Geety Vafai
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Map

California Orange County Cypress 90630

5661 Lincoln Ave, Cypress, CA

Not Listed for Sale

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