NOT LISTED FOR SALE

9525 Palermo Way Cypress, CA 90630

Estimated Value: $1,521,000 - $1,965,000

5 Beds
3 Baths
3,000 Sq Ft
$592/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $919,000 $306 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $10,705/month

42 Days on Market

Highlights

  • Maid or Guest Quarters
  • Contemporary Architecture
  • Wood Flooring
  • Margaret Landell Elementary School Rated A
  • Cathedral Ceiling
  • Great Room with Fireplace

About This Home

As of October 2013

A bright and airy Collections No. 1 home built by luxury home builder Fieldstone Homes at the prestigious Sorrento neighborhood in Cypress, CA - a great place to call your home. Numerous amenities make living fulfilling and enjoyable for a growing and maturing family. They include an excellent open floor plan, downstairs bedroom and bath, 3 car garage, potential space for RV AND a boat, very large lot (7,985 sq ft) rare in Sorrento and newer homes, 5 bedrooms (including 1 upstairs den convertible to a room), spacious rooms, vaulted ceilings and recessed lighting, two fireplaces, high-end mouldings and baseboards, kitchen granite counter tops, kitchen island, dual-zone AC, circular oak stair case, Brazilian teak hardwood, high end dual-pane windows, large master bedroom and bath, walk-in closets, cul de sac location with lots of street parking, and walking distance from excellent west Cypress schools including Arnold and Landell elementary, Lexington JHS, Cypress HS, and nationally ranked Oxford Academy.

Last Agent to Sell the Property

Charles Park

Charles Park, Broker License #01828076 Listed on: 07/19/2013

Last Buyer's Agent

Janice Sadler

Redfin License #01359319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,308

Year Built

  • Built in 1991

Lot Details

  • 7,985 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Block Wall Fence
  • Level Lot
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Cathedral Ceiling
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Dining Room
  • Den
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Water Heater

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tax Lot 165
  • Tax Tract Number 14150
  • Assessor Parcel Number 24458119

Community Details

Overview

  • No Home Owners Association
  • Built by Fieldstone Homes

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,308

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-932-3277
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Collection at Sorrento (COLC)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24458119
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Great Room
  • Levels: Two
  • Price Per Square Foot: 306.33
  • Room Type: Den, Family Room, Formal Entry, Guest/Maid's Quarters, Great Room, Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Insulated Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Block, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Fieldstone Homes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Brick, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Level, Lawn, Irregular Lot, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 7985.00
  • Lot Size Acres: 0.1830

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7985.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 165
  • Tax Tract Number: 14150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Patel Pranav and Patel Vibha
Bought by
Patel Pranav and Patel Vibha
Current Estimated Value
$1,776,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$318,647
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,426,440

Purchase Details

Closed on
Apr 17, 2020
Sold by
Patel Pranav and Patel Vibha
Bought by
Patel Pranav and Patel Vibha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
Patel Pranay and Patel Vibha
Bought by
Patel Pranay and Patel Vibha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2018
Sold by
Patel Franav and Patel Vibha
Bought by
Patel Pranav and Patel Vibha

Purchase Details

Listed on
Jul 19, 2013
Closed on
Sep 10, 2013
Sold by
Dages Diane and Dages Alan
Bought by
Patel Vibha and Patel Pranav
Seller's Agent
Charles Park
Charles Park, Broker
Buyer's Agent
Janice Sadler
Redfin
List Price
$965,000
Sold Price
$919,000
Premium/Discount to List
-$46,000
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$540,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Dages Alan and Dages Diane
Bought by
Dages Alan and Dages Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 22, 2006
Sold by
Dages Alan and Dages Diane
Bought by
Dages Alan and Dages Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Flynn Daniel A and Flynn Gail
Bought by
Dages Alan and Dages Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2002
Sold by
Flynn Daniel A
Bought by
Flynn Daniel A and Flynn Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.94%

Purchase Details

Closed on
May 20, 2002
Sold by
Flynn Gail
Bought by
Flynn Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.94%

Purchase Details

Closed on
Apr 11, 2002
Sold by
Kimura Vernon S and Kimura Elaine M
Bought by
Flynn Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.94%

Purchase Details

Closed on
Oct 3, 2000
Sold by
Kimura Vernon S and Kimura Elaine M
Bought by
Kimura Vernon S and Kimura Elaine M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Pranav -- Fidelity National Title Co
Patel Pranav -- Fidelity National Title Co
Patel Pranav -- Wfg National Title
Patel Pranay -- Accommodation
Patel Pranav -- None Available
Patel Vibha $919,000 Lawyers Title
Dages Alan -- Nations Title
Dages Alan -- Fidelity National Title Co
Dages Alan $915,000 Lawyers Title
Flynn Daniel A -- --
Flynn Daniel A -- Lawyers Title Company
Flynn Daniel A $572,000 Lawyers Title Company
Kimura Vernon S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Pranav $435,000
Closed Patel Pranav $438,000
Closed Patel Vibha $525,000
Closed Patel Vibha $540,000
Previous Owner Dages Alan $880,000
Previous Owner Dages Alan $90,000
Previous Owner Dages Alan $732,000
Previous Owner Flynn Daniel A $496,000
Previous Owner Flynn Daniel A $40,000
Previous Owner Flynn Daniel A $457,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $919,000 -1.1% $306 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/27/2013 08/27/13 Price Changed $929,000 -3.7% $310 / Sq Ft
07/19/2013 07/19/13 For Sale $965,000 -- $322 / 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 $12,308 $1,126,563 $767,999 $358,564
2024 $12,308 $1,104,474 $752,940 $351,534
2023 $12,031 $1,082,818 $738,176 $344,642
2022 $11,899 $1,061,587 $723,702 $337,885
2021 $11,742 $1,040,772 $709,512 $331,260
2020 $11,699 $1,030,101 $702,237 $327,864
2019 $11,359 $1,009,903 $688,467 $321,436
2018 $11,205 $990,101 $674,967 $315,134
2017 $10,812 $970,688 $661,733 $308,955
2016 $10,723 $951,655 $648,757 $302,898
2015 $10,649 $937,361 $639,012 $298,349
2014 $11,619 $919,000 $626,495 $292,505
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13148388

California Regional Multiple Listing Service (CRMLS)

APN: 244-581-19