NOT LISTED FOR SALE

5662 Sprague Ave Unit 11 Cypress, CA 90630

Estimated Value: $806,000 - $974,000

3 Beds
2.5 Baths
1,450 Sq Ft
$594/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $425,000 $293 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,080/month

Highlights

  • 2 Car Attached Garage
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Steve Luther Elementary School Rated A-
  • Laundry Room
  • Patio Home

About This Home

As of April 2013

Bright, clean and airy 2-story stand alone town house, very quiet area, good school district, convenient to shopping and transportation.

Last Agent to Rent the Property

Ken Law

Ken Law, Broker License #00982188 Listed on: 03/17/2013

Last Renter's Agent

Julie Kim

Coldwell Banker Best Realty License #01805036

Coldwell Banker Best Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 2002

Lot Details

  • 1,800 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home
  • Entry on the 1st floor

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 20 Units

Listing and Financial Details

  • Security Deposit $2,500
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Tax Tract Number 16059
  • Assessor Parcel Number 93023572

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,958

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 93023572
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1450.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.52
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Anaheim Union High

Lot Info

  • Lot Features: Patio Home
  • Lot Size Sq Ft: 1800.00
  • Lot Size Acres: 0.0410

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1800.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Feb 12, 2013
Sold by
Leong Terry H and Leong Alice P
Bought by
Liu Qing
Seller's Agent
Charlie Steffey
T.N.G. Real Estate Consultants
Buyer's Agent
Charlie Steffey
T.N.G. Real Estate Consultants
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Current Estimated Value
$861,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,199
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jun 12, 2002
Sold by
New Life Homes Inc
Bought by
Leong Terry Y and Leong Alice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,792
Interest Rate
6.7%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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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
Liu Qing $425,000 Western Resources Title Co
Leong Terry Y $291,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leong Terry Y $238,792
Closed Leong Terry Y $44,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2013 04/16/13 Rented $2,200 0.0% --
04/01/2013 04/01/13 Under Contract -- -- --
03/17/2013 03/17/13 For Rent $2,200 0.0% --
03/15/2013 03/15/13 Sold $425,000 +3.7% $293 / Sq Ft View Prior Sale
02/10/2013 02/10/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $410,000 -- $283 / 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 $5,958 $523,350 $330,912 $192,438
2024 $5,958 $513,089 $324,424 $188,665
2023 $5,822 $503,029 $318,063 $184,966
2022 $5,755 $493,166 $311,826 $181,340
2021 $5,681 $483,497 $305,712 $177,785
2020 $5,659 $478,540 $302,577 $175,963
2019 $5,500 $469,157 $296,644 $172,513
2018 $5,427 $459,958 $290,827 $169,131
2017 $5,242 $450,940 $285,125 $165,815
2016 $5,198 $442,099 $279,535 $162,564
2015 $5,161 $435,459 $275,336 $160,123
2014 $4,888 $426,929 $269,942 $156,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13045691

California Regional Multiple Listing Service (CRMLS)

APN: 930-235-72