$561,000
SOLD SEP 11, 2024

5776 Laguna Way Unit 40 Cypress, CA 90630

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

Recently Sold

$604 Per Sq Ft

12% Above List Price

7 Days on Market

Highlights

  • Spa
  • Gated Community
  • Main Floor Bedroom
  • Juliet Morris Elementary School Rated A
  • Traditional Architecture
  • Pool View

About This Home

As of April 2025

CASH BUYERS ONLY for this 2 Bed, 2 Bath, 926 square foot condo! This “fixer” located in the gated, Cypress Monterey complex features a functional layout with a nicely sized living area that opens directly to the well-lit kitchen. The kitchen offers direct access via a large slider to the front patio and at the other end of the kitchen, access to the attached 2-car garage with washer & dryer. There is a primary suite with walk-in closet and bathroom. The secondary bedroom overlooks lush foliage and the nearby pool and spa. The unit has central heat and air conditioning. The community amenities are exceptional, including 8 pools and spas, pickleball and tennis courts, plus meticulously maintained grounds. HOA fees are $415 monthly. Don’t miss out on this opportunity to put your own stamp on this home in a vibrant community near excellent schools, shopping and easy freeway access.

Last Agent to Sell the Property

Kendra Miller

Keller Williams Coastal Prop. Brokerage Email: kendramiller@kw.com License #01396646 Listed on: 08/28/2024

Keller Williams Coastal Prop.

Last Buyer's Agent

Jose Gutierrez

Century 21 Allstars License #01916296

Century 21 Allstars

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
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Stucco

Interior Spaces

  • 929 Sq Ft Home
  • 1-Story Property
  • Plantation Shutters
  • Sliding Doors
  • Entryway
  • Living Room
  • Pool Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting

Additional Features

  • No Interior Steps
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8303
  • Assessor Parcel Number 93345040
  • $374 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 187 Units
  • Showcase Villa Owners Assoc No 6 Association, Phone Number (949) 450-0202
  • Action Property Management HOA
  • Cypress Monterey Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

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: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Card/Code Access, Gated Community
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93345040
  • Year Built: 1974
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 929.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 603.88
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Pool
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • 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: Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Maintenance Grounds, Trash, Pets Permitted, Controlled Access
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Association Name: Showcase Villa Owners Assoc No 6
  • Phone: 949.450.0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Action Property Management

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 187
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.09
  • Tax Lot: 1
  • Tax Tract Number: 8303
  • TaxOtherAnnualAssessmentAmount: 374.00

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
-4.08%
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: PW24177469

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-40