NOT LISTED FOR SALE

8532 Belmont St Unit 34 Cypress, CA 90630

Estimated Value: $589,000 - $659,000

3 Beds
2 Baths
1,189 Sq Ft
$375/mo HOA Fee

Last Sold June 10, 2024

Last sale price $545,000 $458 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,143/month

11 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Community Pool
  • Clara J. King Elementary School Rated A-
  • Engineered Wood Flooring
  • Balcony

About This Home

As of June 2024

Lovely 3 bed, 2 bath condo with great potential in Cypress! The property does need some TLC. Exciting enough for seasoned investors and small enough to be tackled by any future homeowner! Located securely within a gated complex with pleasant greenery, pool and clubhouse, this condo occupies the upper level of a 2 story building. All 3 bedrooms are sizeable, and it is 2 full bathrooms, not 1.5. No non-sense floorplan that maximizes every inch of space. The side-by-side laundry space is inside the unit adjacent to the dining area. There is one open designated parking space right by the unit (#34) and the second car can be parked in any of the unnumbered parking spaces scattered throughout the complex. Water is included in the association fee. For anyone with the resources, imagination, and a little bit of effort, an amazing chance awaits to turn this blank canvas into either a dream of homeownership or an investment opportunity.

Last Agent to Sell the Property

Joshua Choi

Joshua Choi, Broker License #01427597 Listed on: 04/29/2024

Last Buyer's Agent

Alison Kim

PARTNERS License #01439057

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 1981

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range
  • Laundry in unit

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 939-460-34

Community Details

Overview

  • Association fees include trash, water, maintenance paid, clubhouse
  • 60 Units

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,208

Year Built

Built in 1981

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Shady Glen HOA
  • Entry Floor: 2
  • Living Area: 1189
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1981
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood, Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven
  • Price Per S Q F T: 437.34

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Sewer: In Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Clubhouse, Guest Parking, Gated Community, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Maintenance Paid, Clubhouse
  • HOA Fees: 375.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 939-460-34

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 22, 2024
Sold by
Jung Kay Kyunghee
Bought by
Jin Chloe Meiying
Seller's Agent
Joshua Choi
Joshua Choi, Broker
Buyer's Agent
Alison Kim
PARTNERS
List Price
$480,000
Sold Price
$545,000
Premium/Discount to List
$65,000
13.54%
Views
136
Current Estimated Value
$628,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,888
Avg. Annual Appreciation
11.55%
Original Mortgage
$327,000
Outstanding Balance
$322,662
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$306,226

Purchase Details

Closed on
Mar 29, 2016
Sold by
Jung Kay Kyunghee and Jung Kyung Hee
Bought by
Jung Kay Kyunghee

Purchase Details

Closed on
Oct 25, 2004
Sold by
Mclaughlin Dwight L
Bought by
Jung Kyung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,670
Interest Rate
6%
Mortgage Type
New Conventional
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
Jin Chloe Meiying $545,000 California Land Title
Jung Kay Kyunghee -- Wfg Title Company Of Ca
Jung Kyung Hee $330,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Chloe Meiying $327,000
Previous Owner Jung Kyung Hee $296,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $545,000 +4.8% $458 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $520,000 +8.3% $437 / Sq Ft
04/29/2024 04/29/24 For Sale $480,000 -- $404 / Sq Ft
Source: The MLS

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 $5,208 $555,900 $459,507 $96,393
2024 $5,208 $450,965 $361,170 $89,795
2023 $5,087 $442,123 $354,088 $88,035
2022 $5,026 $433,454 $347,145 $86,309
2021 $4,959 $424,955 $340,338 $84,617
2020 $4,939 $420,598 $336,848 $83,750
2019 $4,800 $412,351 $330,243 $82,108
2018 $4,269 $362,000 $293,630 $68,370
2017 $4,200 $362,000 $293,630 $68,370
2016 $3,956 $336,000 $267,630 $68,370
2015 $3,982 $336,000 $267,630 $68,370
2014 $3,138 $270,000 $201,630 $68,370
Source: Public Records

Agents Affiliated with this Home

  • Joshua Choi

    Seller's Agent in 2024

    Joshua Choi

    Joshua Choi, Broker

    (213) 222-3643

    11 in this area

    51 Total Sales

    Joshua Choi
    Section Image
  • Alison Kim

    Buyer's Agent in 2024

    Alison Kim

    PARTNERS

    (213) 700-5066

    2 in this area

    49 Total Sales

    Alison Kim
    Section Image
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Map

Source: The MLS

MLS Number: 24-385161

The MLS

APN: 939-460-34

California Orange County Cypress 90630

8532 Belmont St Unit 34, Cypress, CA

This home is located at 8532 Belmont St Unit 34, Cypress, CA 90630 since 29 April 2024 and is currently estimated at $628,888, approximately $528 per square foot. This property was built in 1981. 8532 Belmont St Unit 34 is a home located in Orange County with nearby schools including Clara J. King Elementary School, Walker Junior High School, and John F. Kennedy High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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