NOT LISTED FOR SALE

5828 Playa Way Cypress, CA 90630

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

3 Beds
2.5 Baths
1,321 Sq Ft
$581/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $535,000 $405 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,980/month

46 Days on Market

Highlights

  • Pool View
  • Community Pool
  • 2 Car Direct Access Garage
  • Juliet Morris Elementary School Rated A
  • Tennis Courts
  • Laundry Room

About This Home

As of July 2020

This house has everything!!!
Big size 3 bedrooms, vaulted ceiling Living room and dining room combination.
Cozy kitchen and breakfast area over looking the pretty Patio.
Laminate wood floor throughout the house.
This beautiful house has been fully remodeled 3 years ago with all neutral colors.
Also your kids can walk to award winning Juliet Morris Elementary, Lexington Junior High and
Cypress/Oxford High schools.
Resort like community has 8 swimming pools, 8 spas and tennis courts.
Gated Cypress Monterey community will be a perfect nest for you.

Last Agent to Sell the Property

Joan Kim

Manna Realty License #01364019 Listed on: 04/16/2020

Last Buyer's Agent

Shirley Luu

Century 21 Astro License #01354292

Century 21 Astro

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1974

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Pool Views

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8303
  • Assessor Parcel Number 93345065

Community Details

Overview

  • 125 Units
  • Showcase Villa Association, Phone Number (800) 400-2284
  • Action Property Management HOA

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,552

Year Built

Built in 1974

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93345065
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1321.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 405.00
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom

Exterior Features

  • View: Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Central, Forced Air
  • 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, Playground, Tennis Court(s)
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Showcase Villa
  • Phone: 800-400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 125
  • Number Of Units Total: 125

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
Apr 16, 2020
Closed on
Jul 10, 2020
Sold by
Song Chu Jin
Bought by
Umukoro Odafe
Seller's Agent
Joan Kim
Manna Realty
Buyer's Agent
Shirley Luu
Century 21 Astro
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Total Days on Market
46
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.
Estimated Appreciation
$232,504
Avg. Annual Appreciation
7.69%
Original Mortgage
$500,000
Outstanding Balance
$447,300
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$320,204

Purchase Details

Closed on
Feb 4, 2016
Sold by
Choi Jong Chul
Bought by
Song Chujin

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 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

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Range of Values:

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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
07/16/2020 07/16/20 Sold $535,000 -1.8% $405 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $545,000 -- $413 / 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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20074536

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-65