NOT LISTED FOR SALE

9864 Novara Ln Cypress, CA 90630

Estimated Value: $1,756,000 - $2,051,000

4 Beds
2.5 Baths
3,486 Sq Ft
$544/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $1,254,000 $360 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,275/month

28 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Margaret Landell Elementary School Rated A
  • Cooling System Powered By Gas
  • 2-minute walk to Veterans Park

About This Home

As of September 2018

Opportunity knocks!!! Great opportunity to own a fantastic home in the prestigious master-planned Sorrento community.
HUGE PRICE REDUCTION!!! SELLERS ARE VERY MOTIVATED.
Welcome to this immaculate 4 bedroom + huge bonus room home in the Sorrento Community!
Sellers spent over $100K for upgrades and house is ready for move right -in! Beautifully remodeled bathrooms, new high quality wood flooring laid throughout the house, and custom LED recessed lighting upgrades in all living areas. Two story grand entry, generous sized rooms with plenty of closet space. Master bedroom features a large walk-in closet and spacious en suite bath with separate jacuzzi tub and shower and dual sinks.
Large kitchen with new stainless steel appliances, granite counter tops, custom cabinets, and huge walk-in pantry. Formal living room, dining room, and family room with a fireplace. Ample sized backyard and great curb appeal! Walking distance to the Veterans Park. Cypress has top schools such as Oxford Academy and all 3 assigned schools are rated 8s, 9s, and 10s on Great Schools!.

Last Agent to Sell the Property

Sharon Kim

American Realty Management Solutions License #01023742 Listed on: 07/03/2018

Last Buyer's Agent

Sharon Kim

American Realty Management Solutions License #01023742 Listed on: 07/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,207

Year Built

  • Built in 1996

Lot Details

  • 5,150 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,486 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Landell Elementary School
  • Oxford/Lexington Middle School
  • Oxford/Cypress High School

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 14157
  • Assessor Parcel Number 24465222

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,207

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Sorrento
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24465222
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3486.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 359.72
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Anaheim Union High
  • Elementary School: Landell
  • Middle School: Oxford/Lexington
  • High School: Oxford/Cypress
  • Elementary School: Landell
  • High School: Oxford/Cypress
  • Middle Or Junior School: Oxford/Lexington
  • Elementary School #2: LANDEL
  • High School2: OXFCYP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5150.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.18
  • Tax Lot: 49
  • Tax Tract Number: 14157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 31, 2018
Sold by
Yun Somi
Bought by
Lee Jae Hong and Yun Soni
Seller's Agent
Sharon Kim
American Realty Management Solutions
Buyer's Agent
Sharon Kim
American Realty Management Solutions
List Price
$1,349,900
Sold Price
$1,254,000
Premium/Discount to List
-$95,900
-7.1%
Current Estimated Value
$1,895,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,112
Avg. Annual Appreciation
5.74%
Original Mortgage
$940,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 22, 2018
Sold by
Lee Jae Hong
Bought by
Yun Somi
Seller's Agent
Sharon Kim
American Realty Management Solutions
Buyer's Agent
Sharon Kim
American Realty Management Solutions
List Price
$1,349,900
Sold Price
$1,254,000
Premium/Discount to List
-$95,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 3, 2018
Sold by
Joo Hae Hong and Joo Sun M
Bought by
Yun Somi
Seller's Agent
Sharon Kim
American Realty Management Solutions
Buyer's Agent
Sharon Kim
American Realty Management Solutions
List Price
$1,349,900
Sold Price
$1,254,000
Premium/Discount to List
-$95,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1996
Sold by
Cypress Homes Inc
Bought by
Joo Hae Hong and Joo Sun M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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
Lee Jae Hong -- Stewart Title
Yun Somi -- Stewart Title
Yun Somi $1,254,000 Stewart Title
Joo Hae Hong $362,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Somi $940,500
Previous Owner Joo Hae Hong $289,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $1,254,000 +0.4% $360 / Sq Ft
07/29/2018 07/29/18 Price Changed $1,249,000 -7.5% $358 / Sq Ft
07/27/2018 07/27/18 For Sale $1,349,900 +7.6% $387 / Sq Ft
07/23/2018 07/23/18 Off Market $1,254,000 -- --
07/05/2018 07/05/18 For Sale $1,349,900 +7.6% $387 / Sq Ft
07/04/2018 07/04/18 Off Market $1,254,000 -- --
07/03/2018 07/03/18 For Sale $1,349,900 -- $387 / 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 $15,207 $1,398,858 $977,778 $421,080
2024 $15,207 $1,371,430 $958,606 $412,824
2023 $14,866 $1,344,540 $939,810 $404,730
2022 $14,704 $1,318,177 $921,382 $396,795
2021 $14,511 $1,292,331 $903,316 $389,015
2020 $14,458 $1,279,080 $894,053 $385,027
2019 $14,036 $1,254,000 $876,522 $377,478
2018 $6,130 $523,287 $155,746 $367,541
2017 $5,920 $513,027 $152,692 $360,335
2016 $5,871 $502,968 $149,698 $353,270
2015 $5,829 $495,413 $147,449 $347,964
2014 $6,810 $485,709 $144,561 $341,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18160493

California Regional Multiple Listing Service (CRMLS)

APN: 244-652-22