$267,000
SOLD SEP 23, 2013

5839 Playa Way Unit 88 Cypress, CA 90630

1 Bed
1 Bath
900 Sq Ft
$315/mo HOA Fee

Recently Sold

$297 Per Sq Ft

5% Below List Price

28 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Bonus Room
  • Juliet Morris Elementary School Rated A
  • Mediterranean Architecture
  • Tennis Courts

About This Home

As of March 2020

Nestled in the back of the gated Cypress Monterey community this end unit townhouse offers a serenity rarely found in an urban location. The home itself offers a remodeled kitchen with adjoining dining area and a good size bedroom with built in closet features. Couple that with a spacious living area drenched in sunlight and an office/bonus room (currently being used as a children's room) and you get tremendous value for the price. The home also offers a large two car garage with plenty of room for storage and laundry hook-ups. Recent remodeling includes: All new dual pane windows, new furnace, new A/C, remodeled kitchen, recessed lighting, remodeled bath, scraped ceilings, re-piped with all new copper plumbing, and ceiling fans in the bedroom and living room. Want to get out and enjoy the day? There is no need to even leave the complex. Cypress Monterey offers 3 tennis courts, and 8 pools and spas!! That was not a typo....8! In this condition, in this community, in this highly sought after school district.....you can see why this one won't last long.

Last Agent to Sell the Property

Leyla Sharifi

Nexgen Realty License #01238198 Listed on: 07/16/2013

Co-Listed By

Jason Kiffe

Nexgen Realty License #01430639

Last Buyer's Agent

Leyla Sharifi

Nexgen Realty License #01238198 Listed on: 07/16/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1974

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Bonus Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Sewer Paid

Additional Features

  • Spa
  • 1 Common Wall

Listing and Financial Details

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

Community Details

Overview

  • Master Insurance
  • 187 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,851

Year Built

Built in 1974

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93345088
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 296.67
  • Room Type: Bonus Room, Master Bedroom
  • Spa Features: Association
  • Window Features: Drapes, Double Pane Windows

Exterior Features

  • Patio: No
  • Foundation: Slab
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Flat, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Insurance, Pool, Sewer, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: ABC Unified

Lot Info

  • Lot Features: Paved

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 187
  • Number Of Units Total: 187

Tax Info

  • 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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Grant Deed $390,000 Lawyers Title Company
Grant Deed $324,000 Title 365
Grant Deed $267,000 First American Title Company
Grant Deed $225,000 North American Title Co
Grant Deed $156,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Closed $360,000 New Conventional
Closed $330,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $13,175 Negative Amortization
Previous Owner $11,134 Negative Amortization
Previous Owner $318,131 FHA
Previous Owner $262,163 FHA
Previous Owner $252,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $224,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $22,500 Credit Line Revolving
Previous Owner $163,500 Unknown
Previous Owner $151,554 FHA
Previous Owner $55,000 Unknown
Closed $7,800 No Value Available
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: OC13141977

California Regional Multiple Listing Service (CRMLS)

APN: 933-450-88