NOT LISTED FOR SALE

5828 Playa Way Unit 65 Cypress, CA 90630

Estimated Value: $755,000 - $776,000

3 Beds
2.5 Baths
1,321 Sq Ft
$320/mo HOA Fee

Last Sold February 10, 2016

Last sale price $430,000 $326 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,940/month

11 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Pool View
  • Juliet Morris Elementary School Rated A
  • Open Floorplan
  • Tennis Courts

About This Home

As of February 2016

Highly desirable gated community of Cypress Monterey!
RARELY ON THE MARKET! This 3 bedroom, 2.5 bath home is nestled in a gated community with 8 pools and 8 spas and three newly surfaced lighted tennis courts. Near Cypress High School and Morris Elementary School. This home has open floor plan with vaulted ceilings, a beautiful kitchen that opens to your private patio for those great barbecue parties. Don't miss out on this great home in an awesome location!

Last Agent to Sell the Property

Kim Olson

Coldwell Banker Realty License #01350974 Listed on: 11/25/2015

Coldwell Banker Realty

Last Buyer's Agent

Joan Kim

Manna Realty License #01364019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Brick Fence

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Common Roof
  • Stucco

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sliding Doors
  • Living Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8244
  • Assessor Parcel Number 93345065

Community Details

Overview

  • 185 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,552

Year Built

Built in 1974

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Gated Community
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93345065
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1321.00
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Levels: Two
  • Price Per Square Foot: 325.51
  • Room Type: All Bedrooms Up, Living Room
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Pool
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Patio And Porch Features: Brick, Enclosed
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Anaheim Union High

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 185
  • Number Of Units Total: 185

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Song Chu Jin
Bought by
Umukoro Odafe
Total Days on Market
11
Current Estimated Value
$767,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$447,300
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$320,204

Purchase Details

Listed on
Nov 25, 2015
Closed on
Feb 4, 2016
Sold by
Choi Jong Chul
Bought by
Song Chujin
Seller's Agent
Kim Olson
Coldwell Banker Realty
Buyer's Agent
Joan Kim
Manna Realty
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$279,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2015
Sold by
Elgin William D
Bought by
Song Chu Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 24, 2008
Sold by
Elgin Laura L
Bought by
Elgin William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1997
Sold by
Mikita George T
Bought by
Olson Laura and Elgin William O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,955
Interest Rate
7.98%

Purchase Details

Closed on
Oct 9, 1995
Sold by
Mikita George T
Bought by
Mikita George T
Source: Public Records

Similar Homes in Cypress, CA

  • 9856 Lido Way Unit 19, Cypress, CA 90630

    $685,000

    • 2 Beds
    • 2 Baths
    • 929 Sq Ft
    • 9856 Lido Way
    • Unit 19
    • Cypress, CA

    Welcome to the highly sought-after Cypress Monterey gated community! This charming single-level 2-bedroom, 2-bath end-unit condo offers privacy, comfort, and convenience with only one shared wall and a direct-access 2-car garage. Step inside to find dual-pane windows with classic white shutters, allowing you to control the light and privacy to suit your mood. The spacious primary suite features a

    Karen Cox Think Boutiq Real Estate

    Section Image
  • 9880 Del Rio Way Unit 88, Cypress, CA 90630

    $699,990

    • 2 Beds
    • 2 Baths
    • 947 Sq Ft
    • 9880 Del Rio Way
    • Unit 88
    • Cypress, CA

    Step into this beautifully updated 2-bedroom, 2-bath condo located in the highly desirable Cypress Monterey community. Offering 947 square feet of thoughtfully designed living space, this home combines everyday comfort with modern style—perfect for relaxing or entertaining. Inside, you'll find a bright and airy layout featuring a spacious living room with plantation shutters, recessed lighting

    Quy Do Proper Real Estate

    Section Image
  • 9730 Walker Ct Unit 15, Cypress, CA 90630

    $699,999

    • 2 Beds
    • 2.5 Baths
    • 1,411 Sq Ft
    • 9730 Walker Ct
    • Unit 15
    • Cypress, CA

    Huge Price Improvement! Priced to Sell!Welcome to the exquisite townhome located in the heart of Cypress, CA. This beautifully remodeled residence offers a perfect blend of modern elegance and comfort. Boasting 2 bedrooms and 2 1/2 bathrooms, this property is a true gem that showcases exceptional craftsmanship and thoughtful design. This unit is the highly sought after DOUBLE MASTER unit in the

    Matthew Almeida Re/Max Top Producers

    Section Image
  • 9010 Primavera Ln, Cypress, CA 90630

    $829,999

    • 3 Beds
    • 2.5 Baths
    • 1,548 Sq Ft
    • 9010 Primavera Ln
    • Cypress, CA

    This home qualifies for a $20k grant (you do not have to pay it back! FREE Money) through the Ladder up program. Ask for details. CHARMING UPDATED 3-BEDROOM HOME IN THE GATED VILLA WOODS COMMUNITY! LOW HOA!Don’t miss this incredible opportunity to own a beautifully updated home in the highly desirable area of Cypress! This spacious two-story, 3-bedroom, 2.5-bath home offers the feel of

    Frank Abbadessa RE/MAX College Park Realty

    Section Image
  • 5401 Twin Lakes Dr, Cypress, CA 90630

    $638,000

    • 2 Beds
    • 2 Baths
    • 1,156 Sq Ft
    • 5401 Twin Lakes Dr
    • Cypress, CA

    Welcome to this beautiful and upgraded end-unit condo in the pleasant Twin Lakes Community of Cypress! This 2 Bedroom/1.75 Baths unit is move-in ready and conveniently located on the end. This unit features an open floor plan complete with formal dining area, spacious master suite with upgraded walk-in shower, second bathroom with upgraded shower & tub, and large living room with cozy

    Catherine Kim Team Spirit Realty Inc

    Section Image
  • 9056 Brownstone Cir Unit 54, Cypress, CA 90630

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 9056 Brownstone Cir
    • Unit 54
    • Cypress, CA

    Tucked away in the highly sought-after Influential Townhomes of Cypress, welcome to 9056 Brownstone Cir #54 — a charming 3-bedroom, 2-bathroom townhome offering 1,296 square feet of comfortable living space. As you step inside, you're greeted by a bright and inviting atmosphere, where the layout flows effortlessly from room to room. The spacious living area is perfect for cozy movie nights or

    Blake Cory eXp Realty of California, Inc.

    Section Image
  • 8692 Belmont St Unit A, Cypress, CA 90630

    $815,000

    • 3 Beds
    • 2 Baths
    • 1,386 Sq Ft
    • 8692 Belmont St
    • Unit A
    • Cypress, CA

    A nice, clean and well kept 2 story Townhome located in a corner lot with 3 bedrooms, 2 bathrooms in the center of Cypress. Easy to maintain and low $175 HOA. It contains 2 bedrooms on the first floor and bright open master bedroom on second floor. The kitchen has granite countertops with stainless steel appliances and recessed lighting. The living room shows bright light with plenty of large

    Erin Chung JEC Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Umukoro Odafe $535,000 Old Republic Title Company
Song Chujin -- Equity Title Company
Song Chu Jin $430,000 Equity Title Orange
Elgin William D -- Western Resources Title Co
Olson Laura $151,500 Lawyers Title Company
Mikita George T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umukoro Odafe $500,000
Previous Owner Song Chu Jin $279,500
Previous Owner Elgin William D $280,000
Previous Owner Elgin William D $50,000
Previous Owner Elgin William D $206,500
Previous Owner Elgin William D $39,700
Previous Owner Olson Laura $146,100
Previous Owner Olson Laura $146,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $430,000 +0.2% $326 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $429,000 -- $325 / 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
2024 $6,552 $567,746 $466,942 $100,804
2023 $6,403 $556,614 $457,786 $98,828
2022 $6,330 $545,700 $448,809 $96,891
2021 $6,247 $535,000 $440,008 $94,992
2020 $5,436 $465,445 $370,255 $95,190
2019 $5,283 $456,319 $362,995 $93,324
2018 $5,211 $447,372 $355,877 $91,495
2017 $5,032 $438,600 $348,899 $89,701
2016 $2,631 $208,428 $102,640 $105,788
2015 $2,611 $205,298 $101,099 $104,199
2014 $2,479 $201,277 $99,119 $102,158
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15255586

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-65