NOT LISTED FOR SALE

9575 Palermo Way Cypress, CA 90630

Estimated Value: $2,013,503 - $2,258,000

5 Beds
4.5 Baths
3,600 Sq Ft
$607/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2016

Last sale price $1,225,000 $340 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $13,141 / mo

62 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling
  • Margaret Landell Elementary School Rated A
  • Retreat
  • Mediterranean Architecture

About This Home

As of June 2016

Largest Sorrento model with Vaulted Ceilings * Excellent Location on a Quiet East Facing Interior Corner lot with no neighbor on the Southside. The Interior is Brighter than most with this great location. This Beautiful Collection Series Floor Plan offers High-volume Ceilings on both levels and includes 5 Bedrooms and 4.5 Baths * Bedroom Suite with Private Bath - And additional Guest Bath on the Main Level * Open and Bright Living Room Highlighted with a Wood Burning Fireplace and 2 Story Ceilings * Large Windows with Canopy Windows and a Dramatic Solid Wood Curved Staircase framed with a Large Skylight * Great Chef's Kitchen with Center Island and Stainless Steel Appliances * Separate Family Room with 2nd Fireplace * Large Bonus Room (5th Bedroom option) * Master Suite with Volume Ceilings, Large Walk-in Closet, and 3rd Fireplace* Separate Master Retreat/ Office. Upgraded Open and Bright Master Bath. Second Level includes another Bedroom with In-suite Bath * Dual Central Air and Heating Systems * Interior Laundry Room with Sink * 3 Car Garage includes Roll-up Doors with Windows. Vaulted and Volume Ceilings on Both Levels * Ceiling Fans * Attractively Landscaped * Quiet Backyard includes a Covered Patio Ideal for Outdoor Dining or Entertaining.

Last Agent to Sell the Property

Cary Hairabedian

College Park Realty License #00876519 Listed on: 03/25/2016

College Park Realty

Last Buyer's Agent

Fang Ling Lee

Real Estate Specialists License #01347853

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 6,500 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Carpet
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 170
  • Tax Tract Number 14150
  • Assessor Parcel Number 24458114

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

6,500 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Collection at Sorrento (COLC)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24458114
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3600.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Pantry, Recessed Lighting, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 340.28
  • Room Type: Family Room, Formal Entry, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Separate Family Room, Office
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage, Private, Garage - Three Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lawn, Corner Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 6500.00
  • Price Per Lot Square Foot: 188.46

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 170
  • Tax Tract Number: 14150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Wang and Peinien
Bought by
Wang Family Trust
Current Estimated Value
$2,185,626

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 25, 2016
Sold by
Gammon Richard T and Gammon Patricia W
Bought by
Wang Naikuang and Wang Peinien
Seller's Agent
Cary Hairabedian
College Park Realty
Buyer's Agent
Fang Ling Lee
Real Estate Specialists
List Price
$1,275,000
Sold Price
$1,225,000
Premium/Discount to List
-$50,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$600,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2013
Sold by
Gammon Patricia W and Gammon Richard T
Bought by
Gammon Richard T and Gammon Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Gammon Richard T and Gammon Patricia W
Bought by
Gammon Richard T and Gammon Patricia W

Purchase Details

Closed on
Apr 12, 2007
Sold by
Gammon Richard T and Gammon Patricia W
Bought by
Gammon Richard T and Gammon Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Sutherlin Benjamin T W and Sutherlin Twila V
Bought by
Gammon Richard T and Gammon Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Sutherlin Benjamin T W and Sutherlin Twila V
Bought by
Sutherlin Benjamin T W and Sutherlin Twila V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.9%

Purchase Details

Closed on
Oct 16, 2000
Sold by
Gun Choi Duk and Ja Hyun Ja
Bought by
Sutherlin Benjamin T W and Sutherlin Twila V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.9%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Julie Cariaga and Julie B
Bought by
Choi Duk Gun and Choi Hyun Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,930
Interest Rate
7.44%

Purchase Details

Closed on
Jul 13, 1995
Sold by
Cariaga Julie and Deguzman Generosa B
Bought by
Cariaga Julie

Purchase Details

Closed on
Jul 20, 1993
Sold by
Cariaga Julie
Bought by
Cariaga Julie and Deguzman Generoso B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wang Family Trust -- Law Offices Of W Steven Chou P
Wang Naikuang $1,225,000 Lawyers Title Insurance Corp
Gammon Richard T -- Accommodation
Gammon Patricia W -- Lawyers Title Company
Gammon Richard T -- None Available
Gammon Richard T -- Southland Title
Gammon Richard T $1,080,000 Fidelity National Title
Sutherlin Benjamin T W -- --
Sutherlin Benjamin T W $580,000 United Title Company
Choi Duk Gun $440,000 Lawyers Title Company
Cariaga Julie -- Commonwealth Land Title Ins
Cariaga Julie -- World Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Wang Naikuang $600,000
Previous Owner Gammon Patricia W $332,000
Previous Owner Gammon Richard T $360,000
Previous Owner Gammon Richard T $864,000
Previous Owner Sutherlin Benjamin T W $180,000
Previous Owner Choi Duk Gun $307,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $1,225,000 -3.9% $340 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $1,275,000 +4.1% $354 / Sq Ft
03/25/2016 03/25/16 Off Market $1,225,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,753 $1,450,149 $1,042,107 $408,042
2024 $15,753 $1,421,715 $1,021,673 $400,042
2023 $15,400 $1,393,839 $1,001,640 $392,199
2022 $15,233 $1,366,509 $982,000 $384,509
2021 $15,033 $1,339,715 $962,745 $376,970
2020 $14,978 $1,325,978 $952,873 $373,105
2019 $14,541 $1,299,979 $934,189 $365,790
2018 $14,344 $1,274,490 $915,872 $358,618
2017 $13,840 $1,249,500 $897,913 $351,587
2016 $13,133 $1,171,000 $776,649 $394,351
2015 $13,237 $1,171,000 $833,275 $337,725
2014 $12,441 $996,000 $658,275 $337,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16061730

California Regional Multiple Listing Service (CRMLS)

APN: 244-581-14

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