NOT LISTED FOR SALE

5828 Playa Way Unit 65 Cypress, CA 90630

Estimated Value: $746,000 - $792,124

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. 80% increase in value since last sale

Current estimated payment $5,087/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
Current Estimated Value
$774,781

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
6.26%
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

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
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
2025 $6,552 $579,100 $476,280 $102,820
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15255586

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-65