NOT LISTED FOR SALE

5835 Laguna Way Unit 61 Cypress, CA 90630

Estimated Value: $514,000 - $583,000

1 Bed
1 Bath
746 Sq Ft
$380/mo HOA Fee

Last Sold March 04, 2022

Last sale price $505,000 $677 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,935/month

11 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Juliet Morris Elementary School Rated A
  • Traditional Architecture
  • End Unit

About This Home

As of March 2022

Welcome home to 5835 Laguna Way in the city of Cypress. This home is located in the gated community of Cypress Monterey. Enter into the home to find an open floor plan, plenty of natural light, and your own private patio. This single story home offers 1 spacious bedroom 1 bathroom and an attached 2 car garage with inside laundry. The community amenities include 8 pools, 8 spas, and 3 tennis courts. This home is located near award winning schools, including Cypress College. With close by dining, shopping, and access to multiple freeways, this home really has it all.

Last Listed By

Darin Wilson

Legacy Real Estate License #01333762 Listed on: 01/21/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Property fronts a private road
  • End Unit
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 746 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Upgraded Bathroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Accessible Home Design

  • No Interior Steps

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8303
  • Assessor Parcel Number 93345061
  • $358 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,092

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93345061
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 746.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 676.94
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom
  • Spa Features: Association, In Ground
  • Bathroom Features: Shower, Upgraded
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Flat, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Monterey
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • 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: 187
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.09
  • Tax Lot: 1
  • Tax Tract Number: 8303
  • TaxOtherAnnualAssessmentAmount: 358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 9, 2022
Sold by
Carol Sederstrom Living Trust
Bought by
Shad Cyrus
Seller's Agent
Darin Wilson
Legacy Real Estate
Buyer's Agent
Omid Abazari
Keller Williams Beverly Hills
List Price
$479,000
Sold Price
$505,000
Premium/Discount to List
$26,000
5.43%
Total Days on Market
11
Current Estimated Value
$547,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,096
Avg. Annual Appreciation
4.54%
Original Mortgage
$392,000
Outstanding Balance
$370,649
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$210,383

Purchase Details

Closed on
Jun 21, 2016
Sold by
Sederstrom Carol J
Bought by
Sederstrom Carol J and Carol Sederstrom Living Trust

Purchase Details

Closed on
Mar 16, 2004
Sold by
Maclean Callista K
Bought by
Sederstrom Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Maclean Callista K
Bought by
Maclean Callista K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 1998
Sold by
Maclean Calvin E
Bought by
Maclean Callista K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.05%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Russell Robert Oak
Bought by
Maclean Callista K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.05%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Therese Chapados
Bought by
Russell Robert Oak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
7.88%

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
Sederstrom Carol J -- None Available
Sederstrom Carol J $268,000 Ticor Title Co Fullerton
Maclean Callista K -- --
Maclean Callista K -- Chicago Title Co
Maclean Callista K $106,000 Chicago Title Co
Russell Robert Oak $106,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sederstrom Carol J $180,500
Closed Sederstrom Carol J $214,400
Closed Maclean Callista K $100,000
Previous Owner Maclean Callista K $78,000
Previous Owner Maclean Callista K $21,000
Previous Owner Maclean Callista K $84,800
Previous Owner Russell Robert Oak $84,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $505,000 +5.4% $677 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $479,000 -- $642 / 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 $6,092 $525,402 $454,031 $71,371
2023 $5,953 $515,100 $445,128 $69,972
2022 $4,212 $359,055 $280,832 $78,223
2021 $4,156 $352,015 $275,325 $76,690
2020 $4,139 $348,406 $272,502 $75,904
2019 $4,024 $341,575 $267,159 $74,416
2018 $3,969 $334,878 $261,921 $72,957
2017 $3,834 $328,312 $256,785 $71,527
2016 $3,801 $321,875 $251,750 $70,125
2015 $3,572 $299,000 $235,798 $63,202
2014 $3,074 $263,989 $200,787 $63,202
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22010136

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-61