NOT LISTED FOR SALE

8692 Watson St Cypress, CA 90630

Estimated Value: $890,000 - $965,000

3 Beds
2.5 Baths
1,769 Sq Ft
$80/mo HOA Fee

Last Sold June 24, 2024

Last sale price $875,000 $495 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,587/month

11 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • Corner Lot
  • Neighborhood Views
  • Clara J. King Elementary School Rated A-
  • Granite Countertops
  • 1-minute walk to Arnold Cypress Park

About This Home

As of June 2024

Built in 2002, 3beds and 2.5baths detached condo for sales(No Common Walls). This desirable unit is one of four(4) units in Cypress Woods Homeowner Association. Spacious and bright floor plan. All bedrooms are upstairs with a loft or office. New paint and floor throughout inside home. Family room with a fireplace. Spacious living room. Large kitchen with new countertops, microwave, stove and dishwasher. Large master bedroom with a tub plus separate shower. Dual sinks and a large walk-in closet. Two other rooms on 2nd floor. Laundry room on 2nd floor. 2 car attached garage with direct access. Close to schools, park, and shopping center.

Last Agent to Sell the Property

Jason Kim

New Star Realty & Investment Brokerage Phone: 714-261-7766 License #01740866 Listed on: 05/18/2024

New Star Realty & Investment

Co-Listed By

Myungwon Kim

New Star Realty & Investment Brokerage Phone: 714-261-7766 License #02021621

Last Buyer's Agent

Lena Byun

New Star Realty & Investment License #01827068

New Star Realty & Investment

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • No Common Walls
  • Vinyl Fence
  • Brick Fence
  • Density is 2-5 Units/Acre

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Planned Development
  • Tile Roof

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Den
  • Storage
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Walker Middle School
  • Kennedy High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16372
  • Assessor Parcel Number 93023585
  • $374 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 4 Units
  • Cypress Woods Association, Phone Number (714) 220-8182
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93023585
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1769.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 494.63
  • Room Type: All Bedrooms Up, Den, Kitchen, Laundry, Living Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Jetted Tub, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Vinyl
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Management, Maintenance Front Yard
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Woods
  • Phone: 7142208182
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Cypress Woods

Schools

  • High School: Kennedy
  • Middle Or Junior School: Walker
  • High School2: KENNED

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Latitude Manual: 33.83601500

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 1101.02
  • Tax Lot: 1
  • Tax Tract Number: 16372
  • TaxOtherAnnualAssessmentAmount: 374.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
May 31, 2024
Sold by
Chung Philip and Chung Eujin
Bought by
Lim Yong Kuk and You Jeung Eun
Seller's Agent
Jason Kim
New Star Realty & Investment
Buyer's Agent
Lena Byun
New Star Realty & Investment
List Price
$810,000
Sold Price
$875,000
Premium/Discount to List
$65,000
8.02%
Views
70
Current Estimated Value
$924,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,002
Avg. Annual Appreciation
3.63%
Original Mortgage
$700,000
Outstanding Balance
$691,186
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$232,816

Purchase Details

Closed on
Feb 28, 2017
Sold by
Chung Philip
Bought by
Chung Philip and Chung Eujin

Purchase Details

Closed on
Dec 29, 2009
Sold by
Chung Philip
Bought by
Chung Philip and Kim Unkyo

Purchase Details

Closed on
Dec 18, 2009
Sold by
Kim Unkyo and Kim Un K
Bought by
Chung Philip

Purchase Details

Closed on
May 4, 2007
Sold by
Chung Philip
Bought by
Chung Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Choi Oungsun
Bought by
Chung Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 11, 2004
Sold by
Lok Terence and Chang Lok Mei Ling
Bought by
Chung Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 5, 2003
Sold by
Castillo Electric Inc
Bought by
Lok Terence and Chang Lok Mei Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Yong Kuk $875,000 California Best Title
Chung Philip -- None Available
Chung Philip -- None Available
Chung Philip -- None Available
Chung Philip -- Commonwealth Land Title Co
Chung Philip -- Stewart Title
Chung Philip $525,000 Stewart Title
Lok Terence $465,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Yong Kuk $700,000
Previous Owner Chung Philip $2,000,000
Previous Owner Chung Philip $420,000
Previous Owner Lok Terence $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $875,000 +8.0% $495 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $810,000 -- $458 / 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 $8,177 $892,500 $577,532 $314,968
2024 $8,177 $717,448 $424,507 $292,941
2023 $7,214 $631,522 $376,152 $255,370
2022 $7,133 $619,140 $368,777 $250,363
2021 $7,040 $607,000 $361,546 $245,454
2020 $7,082 $607,000 $361,546 $245,454
2019 $7,221 $626,000 $380,546 $245,454
2018 $7,260 $626,000 $380,546 $245,454
2017 $6,339 $552,000 $328,974 $223,026
2016 $6,406 $552,000 $328,974 $223,026
2015 $5,544 $470,000 $246,974 $223,026
2014 $5,081 $445,000 $221,974 $223,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24100026

California Regional Multiple Listing Service (CRMLS)

APN: 930-235-85