NOT LISTED FOR SALE

8532 Belmont St Unit 36 Cypress, CA 90630

Estimated Value: $513,710 - $550,000

2 Beds
1 Bath
881 Sq Ft
$330/mo HOA Fee

Last Sold January 27, 2021

Last sale price $385,000 $437 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,599/month

13 Days on Market

Highlights

  • Gated Community
  • Granite Countertops
  • Balcony
  • Clara J. King Elementary School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of January 2021

HURRY Bring your buyer or investor. Freshly painted, recently installed laminate flooring. Features include granite kitchen counter top, updated bathroom, private balcony off living room, community pool and clubhouse. Great location close to Cypress college, parks and freeway access.
Oxford School is available but the student must test to get in.

Last Agent to Sell the Property

Shelley Reesman

Rodeo Realty, Inc. License #00496167 Listed on: 12/10/2020

Rodeo Realty, Inc.

Last Buyer's Agent

Tommy Kim

T.N.G. Real Estate Consultants License #02049338

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls

HOA Fees

  • $330 Monthly HOA Fees

Interior Spaces

  • 881 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Upgraded Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Parking

  • Parking Available
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • King Elementary School
  • Walker Middle School
  • Kennedy High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11271
  • Assessor Parcel Number 93946036

Community Details

Overview

  • 60 Units
  • Shady Glen Association, Phone Number (714) 557-5900
  • Tritz Professional Management Services, Inc. HOA

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,062

Year Built

Built in 1981

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Shady Glen Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93946036
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 881.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 437.00
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Shady Glen
  • Phone: 714-557-5900
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Tritz Professional Management Services, inc.

Schools

  • School District: Anaheim Union High
  • Elementary School: King
  • Middle School: Walker
  • High School: Kennedy
  • Elementary School: King
  • High School: Kennedy
  • Middle Or Junior School: Walker
  • Elementary School #2: KING
  • High School2: KENNED

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Census Tract: 1101.11
  • Tax Lot: 1
  • Tax Tract Number: 11271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 14, 2021
Sold by
Kim Ester Myoung
Bought by
Kim Tae Young
Seller's Agent
Shelley Reesman
Rodeo Realty, Inc.
Buyer's Agent
Tommy Kim
T.N.G. Real Estate Consultants
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Current Estimated Value
$536,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,928
Avg. Annual Appreciation
7.37%
Original Mortgage
$288,750
Outstanding Balance
$257,529
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$279,399

Purchase Details

Listed on
Dec 10, 2020
Closed on
Dec 30, 2020
Sold by
Montgomery Rachel R and Montgomery Craig E
Bought by
Choi Grace and Choi Andrew
Seller's Agent
Shelley Reesman
Rodeo Realty, Inc.
Buyer's Agent
Tommy Kim
T.N.G. Real Estate Consultants
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$257,529
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$279,399

Purchase Details

Closed on
Dec 17, 2009
Sold by
#8532 Belmont Trust
Bought by
Montgomery Rachel R and Montgomery Craig E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Mendoza Jose
Bought by
#8532 Bellmont Trust and Just In Land

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Mendoza Jose
Bought by
Rogers Linda K and The 8532 Belmont Street #36 Land Trust

Purchase Details

Closed on
Aug 12, 2003
Sold by
Devera Lesley and Devera Mayumi
Bought by
Mendoza Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1997
Sold by
Federal National Mortgage Association
Bought by
Devera Lesley and Devera Mayumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.7%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Miguel Perlas and Nieves Espina Nieves
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Perlas Miguel and Espina Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Kim Tae Young -- Chicago Title Company
Choi Grace $385,000 Chicago Title Company
Montgomery Rachel R $211,000 Chicago Title Company
#8532 Bellmont Trust $161,600 None Available
Rogers Linda K -- None Available
Mendoza Jose $220,000 Old Republic Title Company
Devera Lesley $72,000 Chicago Title Co
Federal National Mortgage Association $80,602 Orange Coast Title
Perlas Miguel $80,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Grace $288,750
Previous Owner Montgomery Rachel R $167,500
Previous Owner Mendoza Jose $220,000
Previous Owner Devera Lesley $69,600
Previous Owner Perlas Miguel $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $385,000 -1.3% $437 / Sq Ft
12/10/2020 12/10/20 For Sale $389,900 -- $443 / 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
2025 $5,062 $439,180 $369,535 $69,645
2024 $5,062 $430,569 $362,289 $68,280
2023 $4,946 $422,127 $355,185 $66,942
2022 $4,657 $392,700 $328,201 $64,499
2021 $3,128 $251,617 $185,288 $66,329
2020 $3,115 $249,037 $183,388 $65,649
2019 $3,032 $244,154 $179,792 $64,362
2018 $2,992 $239,367 $176,267 $63,100
2017 $2,894 $234,674 $172,811 $61,863
2016 $2,869 $230,073 $169,423 $60,650
2015 $2,847 $226,618 $166,879 $59,739
2014 $2,702 $222,179 $163,610 $58,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20248676

California Regional Multiple Listing Service (CRMLS)

APN: 939-460-36