Seller's Agent in 2020
Delight Sittman
RE/MAX
(714) 952-4950
15 in this area
81 Total Sales
8671 Moody St Cypress, CA 90630
Estimated Value: $914,000 - $1,195,000
5
Beds
4
Baths
2,100
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Private Yard
- Converted Garage
- Clara J. King Elementary School Rated A-
- No HOA
- Double Pane Windows
About This Home
As of December 2020Rare Opportunity, 2 houses on a lot! Own an affordable duplex in Orange County's desirable city of Cypress! Rent out the front house, and live in the upgraded 3 bedroom 2 bath back house, with private backyard, covered patio, long private driveway, ample parking and a spacious grass area safely tucked off the street. Or rent them both out! Currently, back house rents at $2495. Back house has attached garage which is connected to unit and used as living space but can be converted back to a garage.
Front house is a 2 bedroom 1 bath with a private patio/yard, and separate driveway and parking area. Current tenants paying $1775.
Last Agent to Sell the Property
ReMax Tiffany Real Estate License #00991161 Listed on: 10/22/2020
Co-Listed By
Nicole Sittman
ReMax Tiffany Real Estate License #01956691
Last Buyer's Agent
ReMax Tiffany Real Estate License #00991161 Listed on: 10/22/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,334
Year Built
- Built in 1945
Lot Details
- 10,019 Sq Ft Lot
- No Common Walls
- Private Yard
- Lawn
Home Design
- Duplex
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Laundry Room
Kitchen
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- Converted Garage
- Parking Available
- Workshop in Garage
- Driveway
- RV Potential
Additional Features
- Suburban Location
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance
- Legal Lot and Block 6 / F
- Tax Tract Number 527
- Assessor Parcel Number 26232305
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $200
- Insurance Expense $800
- Trash Expense $600
- Water Sewer Expense $1,500
- New Taxes Expense $8,892
- Operating Expense $11,992
- Gross Income $51,600
- Net Operating Income $3,908
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
Dec 11, 2020
Sold by
Lim Hannah and Dongbang Woong
Bought by
Lim Hannah and Dongbang Woong
Seller's Agent
Delight Sittman
ReMax Tiffany Real Estate
Buyer's Agent
Delight Sittman
ReMax Tiffany Real Estate
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,427
Avg. Annual Appreciation
5.78%
Original Mortgage
$637,500
Outstanding Balance
$577,929
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$514,227
Purchase Details
Listed on
Oct 22, 2020
Closed on
Nov 3, 2020
Sold by
Mcelderry Dan L and Mcelderry Lori A
Bought by
Lim Hannah and Dongbang Woong
Seller's Agent
Delight Sittman
ReMax Tiffany Real Estate
Buyer's Agent
Delight Sittman
ReMax Tiffany Real Estate
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$577,929
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$514,227
Purchase Details
Closed on
Aug 29, 2011
Sold by
Mcelderry Dan L and Mcelderry Lori A
Bought by
Mcelderry Dan L and Mcelderry Lori A
Purchase Details
Closed on
Jan 25, 2011
Sold by
U S Bank National Association
Bought by
Mcelderry Dan L and Mcelderry Lori A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2010
Sold by
Visitacion Judith
Bought by
Us Bank National Association
Purchase Details
Closed on
Apr 17, 2010
Sold by
Visitacion Judith
Bought by
Equity Holding Corp
Purchase Details
Closed on
Jul 20, 2005
Sold by
Johnson Marcello
Bought by
Visitacion Judith
Purchase Details
Closed on
Sep 23, 2004
Sold by
Velasco Rogelio T
Bought by
Visitacion Judith
Purchase Details
Closed on
Sep 21, 2004
Sold by
Velasco Cle A
Bought by
Velasco Rogelio T
Purchase Details
Closed on
Oct 16, 2000
Sold by
Manansala Rodolfo and Manansala Grace Fatima
Bought by
Bautista Herminia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2000
Sold by
Bautista Enrique T
Bought by
Bautista Herminia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 1996
Sold by
Razalan Lee G and Razalan Zenaida G
Bought by
Manansala Rodolfo and Manansala Grace Fatima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,660
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lim Hannah | -- | Accommodation | |
| Lim Hannah | $850,000 | Wfg Title Company Of Ca | |
| Mcelderry Dan L | -- | None Available | |
| Mcelderry Dan L | $420,000 | North American Title Co | |
| Us Bank National Association | $540,000 | None Available | |
| Equity Holding Corp | -- | None Available | |
| Visitacion Judith | -- | Southland Title Corporation | |
| Visitacion Judith | -- | -- | |
| Velasco Rogelio T | -- | United Title Company-La | |
| Bautista Herminia A | $250,000 | Gateway Title Company | |
| Bautista Herminia A | -- | Gateway Title Company | |
| Manansala Rodolfo | $214,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lim Hannah | $637,500 | |
| Previous Owner | Mcelderry Dan L | $301,500 | |
| Previous Owner | Visitacion Judith | $50,000 | |
| Previous Owner | Bautista Herminia A | $275,000 | |
| Previous Owner | Bautista Herminia A | $76,000 | |
| Previous Owner | Bautista Hermina A | $247,500 | |
| Previous Owner | Bautista Herminia A | $237,500 | |
| Previous Owner | Manansala Rodolfo | $230,599 | |
| Previous Owner | Manansala Rodolfo | $182,660 | |
| Closed | Manansala Rodolfo | $21,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $850,000 | 0.0% | $405 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | Off Market | $850,000 | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $799,000 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,334 | $902,026 | $823,977 | $78,049 |
| 2023 | $10,100 | $884,340 | $807,821 | $76,519 |
| 2022 | $9,986 | $867,000 | $791,981 | $75,019 |
| 2021 | $9,856 | $850,000 | $776,451 | $73,549 |
| 2020 | $5,948 | $492,015 | $417,473 | $74,542 |
| 2019 | $5,785 | $482,368 | $409,287 | $73,081 |
| 2018 | $5,708 | $472,910 | $401,261 | $71,649 |
| 2017 | $5,516 | $463,638 | $393,393 | $70,245 |
| 2016 | $5,470 | $454,548 | $385,680 | $68,868 |
| 2015 | $5,430 | $447,721 | $379,887 | $67,834 |
| 2014 | $5,146 | $438,951 | $372,445 | $66,506 |
Source: Public Records
Agents Affiliated with this Home
-
Delight Sittman
-
Seller Co-Listing Agent in 2020
Nicole Sittman
RE/MAX
(714) 609-0023
2 in this area
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20212514
APN: 262-323-05
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