NOT LISTED FOR SALE

5839 Playa Way Unit 88 Cypress, CA 90630

Estimated Value: $541,155 - $595,000

1 Bed
1 Bath
900 Sq Ft
$638/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $390,000 $433 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,971/month

28 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • Main Floor Bedroom
  • Juliet Morris Elementary School Rated A
  • Gated Community
  • Neighborhood Views

About This Home

As of March 2020

This upper end unit is located in the gated community of Cypress Monterey. 1 Large bedroom and 1 bathroom have ample of closet and storage space. Den is enclosed and can be used as an office/playroom or even a second bedroom. Again, this is an end unit with attached 2 car garage with direct access to the house. The community has 8 pools and spa and 3 lighted tennis courts. Close to schools. Sellers will include washer/dryer and refrigerator. Kitchen also have an under the sink drinking filtration system.

Last Agent to Sell the Property

Anna Trovada

Keller Williams Realty License #01775699 Listed on: 01/01/2020

Keller Williams Realty

Last Buyer's Agent

K.CHRISTINA HYON

Urban Real Estate, Inc. License #02013385

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1974

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Automatic Gate

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Den
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 8303
  • Assessor Parcel Number 93345088

Community Details

Overview

  • 187 Units
  • Showcase Villa Owners Association # 6 Association, Phone Number (800) 400-2284
  • Action Property Management HOA
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,851

Year Built

Built in 1974

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer/Dryer, Refrigerator, Under the sink water filtration system
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93345088
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 433.33
  • Room Type: Den, Family Room, Kitchen, Main Floor Bedroom
  • Spa Features: Association, Community, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub

Exterior Features

  • Other Structures: Tennis Court Private
  • View: Neighborhood
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Garage, Garage - Single Door, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • 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, Tennis Court(s), Earthquake Insurance, Maintenance Grounds
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Showcase Villa Owners Association # 6
  • Phone: 800 400 2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Chung Jaeho and Chung Yeomi
Bought by
Chung Jaeho and Chung Yeomi
Total Days on Market
28
Current Estimated Value
$574,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 5, 2020
Sold by
Martinez Jose Alfredo and Martinez Erika F
Bought by
Chung Jaeho and Lee Yeomi
Seller's Agent
Anna Trovada
Keller Williams Realty
Buyer's Agent
K.CHRISTINA HYON
Urban Real Estate, Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2015
Closed on
Dec 11, 2015
Sold by
Fleming Dennis and Fleming Crysal K
Bought by
Martinez Jose Alfredo and Martinez Erika F
Seller's Agent
Joseph Lee
RE/MAX Diamond
Buyer's Agent
Carmen Rodriguez
Century 21 Allstars
List Price
$324,000
Sold Price
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$13,175
Interest Rate
3.98%
Mortgage Type
Negative Amortization

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 19, 2013
Sold by
Paxon Justin and Paxon Christina
Bought by
Fleming Dennis and Fleming Crystal K
Seller's Agent
Leyla Sharifi
Nexgen Realty
Buyer's Agent
Leyla Sharifi
Nexgen Realty
List Price
$279,900
Sold Price
$267,000
Premium/Discount to List
-$12,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$262,163
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2003
Sold by
Lee Robert E
Bought by
Paxon Justin and Paxon Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2001
Sold by
White Donette Louise
Bought by
Lee Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,554
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2001
Sold by
Ortiz Donette Louise
Bought by
Ortiz Donette Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,554
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2001
Sold by
Ridgley Donald Thornton
Bought by
The Ridgley Trust
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
Chung Jaeho -- Chicago Title Company
Chung Jaeho $390,000 Lawyers Title Company
Martinez Jose Alfredo $324,000 Title 365
Fleming Dennis $267,000 First American Title Company
Paxon Justin $225,000 North American Title Co
Lee Robert E $156,000 --
Ortiz Donette Louise -- --
The Ridgley Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jaeho $360,000
Closed Chung Jaeho $360,000
Closed Chung Jaeho $330,000
Previous Owner Chung Jaeho $270,000
Previous Owner Martinez Jose Alfredo $13,175
Previous Owner Martinez Jose Alfredo $11,134
Previous Owner Martinez Jose Alfredo $318,131
Previous Owner Fleming Dennis $262,163
Previous Owner Paxon Justin $252,000
Previous Owner Paxon Justin $60,000
Previous Owner Paxon Justin $224,000
Previous Owner Paxon Justin $180,000
Previous Owner Paxon Justin $22,500
Previous Owner Lee Robert E $163,500
Previous Owner Lee Robert E $151,554
Previous Owner Ridgley Donald Thornton $55,000
Closed Lee Robert E $7,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $390,000 -2.5% $433 / Sq Ft
01/01/2020 01/01/20 For Sale $400,000 +23.5% $444 / Sq Ft
02/04/2016 02/04/16 Sold $324,000 0.0% $360 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $324,000 +20.0% $360 / Sq Ft
09/26/2013 09/26/13 Price Changed $269,900 +1.1% $300 / Sq Ft
09/23/2013 09/23/13 Sold $267,000 -1.1% $297 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/03/2013 08/03/13 Price Changed $269,900 -3.6% $300 / Sq Ft
07/16/2013 07/16/13 For Sale $279,900 -- $311 / 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 $4,851 $418,157 $343,877 $74,280
2023 $4,738 $409,958 $337,134 $72,824
2022 $4,681 $401,920 $330,523 $71,397
2021 $4,619 $394,040 $324,042 $69,998
2020 $4,242 $350,706 $280,861 $69,845
2019 $4,126 $343,830 $275,354 $68,476
2018 $4,071 $337,089 $269,955 $67,134
2017 $3,934 $330,480 $264,662 $65,818
2016 $3,379 $276,487 $211,574 $64,913
2015 $3,354 $272,334 $208,396 $63,938
2014 $3,180 $267,000 $204,314 $62,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20000881

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-88