NOT LISTED FOR SALE

9868 Balboa Way Unit 3 Cypress, CA 90630

Estimated Value: $752,000 - $870,000

3 Beds
2 Baths
1,321 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $635,000 $481 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,383/month

Highlights

  • Spa
  • No Units Above
  • Gated Community
  • Juliet Morris Elementary School Rated A
  • Primary Bedroom Suite
  • 5-minute walk to Larwin Park

About This Home

As of May 2021

Well maintained 3 bedroom, two story townhome with beautiful upgraded kitchen and 3 car garage! Enter into two story vaulted ceilings complete with open floor plan. Dining area separated by large, custom island and wet bar, perfect for entertaining. Open kitchen with butcher block countertop accents and stainless steel appliances. Dual pane patio slider opens up to large, private front patio. Upstairs are three spacious bedrooms with ceiling fans and two full baths. Second bedroom has large walk in closet. This home includes central AC and updated dual pane windows throughout. Direct access to 3 car garage with epoxy flooring and laundry hook ups. Highly desirable gated community conveniently located to shopping centers, restaurants and Cypress public library. Top rated, acclaimed School District including Oxford Academy, Cypress High School, and Morris Elementary. Cypress Monterey community features numerous pool and spa's, lighted tennis courts and bbq area.

Last Agent to Sell the Property

Bre Kama

eXp Realty of Southern California, Inc License #01963829 Listed on: 04/05/2021

eXp Realty of Southern California, Inc

Last Buyer's Agent

Thampi Kuruvila

Thampi P. Kuruvila, Broker License #01365650

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1974

Lot Details

  • 1,321 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Fenced
  • Stucco Fence
  • Landscaped

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Patio Home
  • Turnkey
  • Planned Development
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

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

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8244
  • Assessor Parcel Number 93337003

Community Details

Overview

  • 187 Units
  • Cypress Monterey Association, Phone Number (949) 450-0202
  • Action Property Management HOA
  • Cypress Monterey Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,628

Year Built

Built in 1974

Lot Details

0

HOA Fees

$360 per month

Parking

3

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93337003
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1321.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Recessed Lighting, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Levels: Two
  • Price Per Square Foot: 480.70
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Monterey
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Action Property Management

Schools

  • School District: Anaheim Union High
  • Elementary School: Morris
  • Middle School: Lexington
  • High School: Cypress/Oxford
  • Elementary School: Morris
  • High School: Cypress/Oxford
  • Middle Or Junior School: Lexington
  • Elementary School #2: MORRIS2
  • High School2: CYPOXF

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Patio Home
  • Lot Size Sq Ft: 1321.00
  • Lot Size Acres: 0.0303

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1321.0000 Square Feet
  • Number Of Units In Community: 187
  • Number Of Units Total: 187

Tax Info

  • Tax Census Tract: 1101.09
  • Tax Lot: 1
  • Tax Tract Number: 8244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Shiji Mathai
Bought by
Shiji Mathai Revocable Family Trust
Current Estimated Value
$801,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$372,395
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$414,617

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 19, 2021
Sold by
Card Randall E
Bought by
Mathai Shiji and The Shiji Mathai Revocable Fam
Seller's Agent
Bre Kama
eXp Realty of Southern California, Inc
Buyer's Agent
Thampi Kuruvila
Thampi P. Kuruvila, Broker
List Price
$579,000
Sold Price
$635,000
Premium/Discount to List
$56,000
9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 20, 2018
Sold by
Stewart Timothy Edward and Lam Doris
Bought by
Card Randall E
Seller's Agent
Moawad Ebrahem
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bre Kama
eXp Realty of Southern California, Inc
List Price
$555,000
Sold Price
$545,000
Premium/Discount to List
-$10,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$517,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Chandler Neal James
Bought by
Stewart Timothy Edward and Lam Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,730
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Jul 10, 2015
Sold by
Cohen Andrew M and Cohen Diana R
Bought by
Chandler Neal James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,900
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Jun 13, 2015
Sold by
Cohen Andrew M and Cohen Diana R
Bought by
Cohen Andrew M and Cohen Diana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,900
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2004
Sold by
Baker William
Bought by
Baker Ruth O

Purchase Details

Closed on
Jul 20, 2004
Sold by
Luna Aurelio A and Luna Pilar C
Bought by
Cohen Andrew M and Cohen Diana R

Purchase Details

Closed on
Jan 10, 2001
Sold by
Va
Bought by
Shulman Lawrence H and Shulman Leena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,900
Interest Rate
7.54%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Shulman Lawrence H and Shulman Leena
Bought by
Luna Aurelio A and Luna Pilar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,900
Interest Rate
7.54%

Purchase Details

Closed on
May 3, 2000
Sold by
Lawrence Shulman and Lawrence Leena
Bought by
Shulman Lawrence Harvey and Shulman Leena Li

Purchase Details

Closed on
Mar 14, 1995
Sold by
Olmstead Gabrielle
Bought by
Va

Purchase Details

Closed on
Nov 26, 1993
Sold by
Clock Kenneth C
Bought by
Olmstead Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.74%
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
Shiji Mathai Revocable Family Trust -- Amrock
Mathai Shiji -- Amrock
Shiji Mathai Revocable Family Trust -- Amrock
Mathai Shiji -- Amrock
Mathai Shiji $635,000 Old Republic Title Company
Card Randall E $545,000 Orange Coast Title Co
Stewart Timothy Edward $539,000 Western Resources Title
Chandler Neal James $445,000 Western Resources Title Co
Cohen Andrew M -- Western Resources Title Co
Baker Ruth O -- Ticor Title Orange
Cohen Andrew M $400,000 Ticor Title Orange
Shulman Lawrence H -- North American Title Co
Luna Aurelio A $230,000 North American Title Co
Shulman Lawrence Harvey -- --
Va $170,000 Commonwealth Land Title
Olmstead Gabrielle -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathai Shiji $400,000
Closed Mathai Shiji $400,000
Previous Owner Card Randall E $504,900
Previous Owner Card Randall E $517,750
Previous Owner Stewart Timothy Edward $519,730
Previous Owner Chandler Neal James $404,900
Previous Owner Luna Aurelio A $201,680
Previous Owner Luna Aurelio A $206,900
Previous Owner Olmstead Gabrielle $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $635,000 +9.7% $481 / Sq Ft
04/15/2021 04/15/21 For Sale $579,000 -8.8% $438 / Sq Ft
04/09/2021 04/09/21 Off Market $635,000 -- --
04/06/2021 04/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $579,000 +6.2% $438 / Sq Ft
10/11/2018 10/11/18 Sold $545,000 -1.8% $413 / Sq Ft
08/07/2018 08/07/18 For Sale $555,000 0.0% $420 / Sq Ft
05/18/2016 05/18/16 Rented $2,595 0.0% --
05/18/2016 05/18/16 For Rent $2,595 -- --
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 $7,628 $687,344 $581,261 $106,083
2024 $7,628 $673,867 $569,864 $104,003
2023 $7,454 $660,654 $558,690 $101,964
2022 $7,369 $647,700 $547,735 $99,965
2021 $6,464 $561,659 $464,223 $97,436
2020 $6,438 $555,900 $459,463 $96,437
2019 $6,255 $545,000 $450,453 $94,547
2018 $5,459 $462,873 $368,363 $94,510
2017 $5,273 $453,798 $361,141 $92,657
2016 $5,152 $444,900 $354,059 $90,841
2015 $5,145 $441,000 $348,714 $92,286
2014 $3,885 $340,000 $247,714 $92,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21069777

California Regional Multiple Listing Service (CRMLS)

APN: 933-370-03