$725,000
SOLD APR 1, 2025

5776 Laguna Way Unit 40 Cypress, CA 90630

2 Beds
2 Baths
929 Sq Ft
$415/mo HOA Fee

Recently Sold

$780 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Pool View
  • Juliet Morris Elementary School Rated A
  • 5.88 Acre Lot
  • Quartz Countertops

About This Home

As of April 2025

Welcome to this beautifully renovated unit situated in the highly sought-after community of Cypress Monterey, walking distance to awared winning schools (Morris Elementary and Cypress High School). This 2beds/2baths unit offers a moddest 929 square feet of living space. It boasts an amazing kitchen with new shaker-style cabinetry with soft close drawers, quartz countertops, a farmers-style porcelain sink and brand new stainless steel appliances. Both bathrooms have also been remodeled, with the Master-bath featuring a beautiful standing shower with top-end materials and glass sliding doors, while the common bathroom offers a convenient bathtub/stone combo. New waterproof wood-laminate flooring has been installed throughout the whole unit, offering peace of mind knowing that your floor doesn't just look amazing, it's also practical and low-maintenance. There are simply too many upgrades to list, you just have to see it in person to take it all in. No expenses have been spared, and it shows!

Last Agent to Sell the Property

Jose Gutierrez

Century 21 Allstars Brokerage Phone: 562-212-4965 License #01916296 Listed on: 02/24/2025

Century 21 Allstars

Last Buyer's Agent

Alexander Weigel

License #02239016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,198

Year Built

  • Built in 1974

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 929 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Pool Views

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Schools

  • Morris Elementary School
  • Lexington Middle School
  • Cypress High School

Additional Features

  • Spa
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8303
  • Assessor Parcel Number 93345040

Community Details

Overview

  • 187 Units
  • Showcase Villa Owner's Association, Phone Number (949) 450-0202
  • Action Property Management HOA
  • Cypress Monterey Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,198

Year Built

Built in 1974

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93345040
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 929.00 Square Feet
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 780.41
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • View: Pool
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Association Name: Showcase Villa Owner's Association
  • Phone: 949.450.0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Action Property Management

Schools

  • School District: Anaheim Union High
  • Elementary School: Morris
  • Middle School: Lexington
  • High School: Cypress
  • Elementary School: Morris
  • High School: Cypress
  • Middle Or Junior School: Lexington
  • Elementary School #2: MORRIS2
  • High School2: CYPRES

Green Features

  • Efficiency: Appliances, Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 256309.00
  • Lot Size Acres: 5.8840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 256309.0000 Square Feet
  • Number Of Units In Community: 187
  • Number Of Units Total: 187

Tax Info

  • Tax Census Tract: 1101.09
  • Tax Lot: 1
  • Tax Tract Number: 8303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 10, 2025
Sold by
Camacho Eloina
Bought by
Leibrecht Steven William and Leibrecht Patti Lynn
Seller's Agent
Jose Gutierrez
Century 21 Allstars
Buyer's Agent
Alexander Weigel
List Price
$689,850
Sold Price
$725,000
Premium/Discount to List
$35,150
5.1%
Views
34
Current Estimated Value
$711,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,475
Avg. Annual Appreciation
-3.91%
Original Mortgage
$665,000
Outstanding Balance
$661,596
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$49,929

Purchase Details

Listed on
Aug 28, 2024
Closed on
Sep 6, 2024
Sold by
Eleanor Morales Living Trust and Mclean Tara
Bought by
Camacho Eloina
Seller's Agent
Kendra Miller
Keller Williams Coastal Prop.
Buyer's Agent
Jose Gutierrez
Century 21 Allstars
List Price
$499,000
Sold Price
$561,000
Premium/Discount to List
$62,000
12.42%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.40%

Purchase Details

Closed on
Mar 17, 2023
Sold by
Eleanor Morales Living Trust
Bought by
Eleanor Morales Living Trust and Morales

Purchase Details

Closed on
Mar 1, 2023
Sold by
Eleanor Morales Living Trust
Bought by
Eleanor Morales Living Trust

Purchase Details

Closed on
Nov 16, 2000
Sold by
Wood James O and Wood Joyce C
Bought by
Morales William R and Morales Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.67%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Otey Wood James and Otey Joyce C
Bought by
Wood James O and Wood Joyce C
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 Type Sale Price Title Company
Grant Deed $725,000 Ticor Title
Grant Deed $561,000 Ticor Title Company
Deed -- None Listed On Document
Deed -- --
Grant Deed $175,000 Commonwealth Land Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 VA
Previous Owner $95,000 New Conventional
Previous Owner $124,100 Unknown
Previous Owner $125,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $725,000 +5.1% $780 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $689,850 +23.0% $743 / Sq Ft
09/11/2024 09/11/24 Sold $561,000 +12.4% $604 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $499,000 -11.1% $537 / Sq Ft
09/03/2024 09/03/24 Off Market $561,000 -- --
08/28/2024 08/28/24 For Sale $499,000 -- $537 / 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 $7,198 $561,000 $463,746 $97,254
2024 $7,198 $627,300 $535,497 $91,803
2023 $3,119 $253,450 $160,249 $93,201
2022 $3,080 $248,481 $157,107 $91,374
2021 $2,963 $243,609 $154,026 $89,583
2020 $2,949 $241,112 $152,447 $88,665
2019 $2,870 $236,385 $149,458 $86,927
2018 $2,831 $231,750 $146,527 $85,223
2017 $2,737 $227,206 $143,654 $83,552
2016 $2,712 $222,751 $140,837 $81,914
2015 $2,690 $219,406 $138,722 $80,684
2014 $2,552 $215,109 $136,005 $79,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25021619

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-40