NOT LISTED FOR SALE

9868 Balboa Way Cypress, CA 90630

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

3 Beds
2 Baths
1,321 Sq Ft
$325/mo HOA Fee

Last Sold January 30, 2018

Last sale price $539,000 $408 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,327/month

10 Days on Market

Highlights

  • Filtered Pool
  • No Units Above
  • Open Floorplan
  • Juliet Morris Elementary School Rated A
  • Updated Kitchen
  • 5-minute walk to Larwin Park

About This Home

As of January 2018

You have arrived at the gated community of Cypress Monterey, a wonderful development with 8 pools, 8 spas, and lighted tennis courts. It is located in one of the most desirable areas in West Orange County. This secluded and secure home has top-rated Cypress Schools, in addition to Oxford Academy(with testing and entrance requirements), Cypress High School(rated 9 on the GreatSchools web site) and even the option to go year round at Landell Elementary(a 10 rating, subject to available space). This townhouse boasts a beautifully upgraded kitchen, with cabinetry that is accented by a full backsplash, tiled flooring and stainless steel appliances. Dining area and separate counter with wet-bar. The property has been nicely appointed in neutral colors, scraped ceilings, dual-pane windows and air-conditioning. This is one of the few homes in the complex that has a 3-car garage, with laundry hook-ups. The front patio is a serene escape on a warm summer night, or a great place to barbecue. There are 3 spacious bedrooms, 1.75 baths, vaulted ceilings, and much, much more! Conveniently located to many of the activities the city of Cypress has to offer, shopping, restaurants, parks, schools, and freeways. Make Cypress Monterey your next home!

Last Agent to Sell the Property

Dave Pedneault

First Team Real Estate License #01031974 Listed on: 12/13/2017

First Team Real Estate

Last Buyer's Agent

Joelie Piccolini

Berkshire Hathaway H.S.C.P. License #01852482

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Three Garage Doors
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Common Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Center Hall
  • Courtyard Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry

Home Security

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Permits For Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Suburban Location

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
  • Greenbelt

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,628

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$325 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Cypress Monterey (CYPM)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93337003
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1321.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 408.02
  • Room Type: All Bedrooms Up, Center Hall, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Gunite, Heated, In Ground, Permits
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Corian Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Other Structures: Tennis Court Private
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio, Patio Open, Front Porch, Slab
  • Pool Features: Association, In Ground, Fenced, Filtered, Heated, Gunite, Permits
  • Pool Private: No
  • Roof: Common Roof, Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Three Door, Garage Door Opener, Private, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Sport Court, Trash, Dues Paid Monthly, Pets Permitted, Controlled Access
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Monterey
  • Phone: 949-450-0202
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: ABC Unified
  • 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
  • Land Lease: No
  • Lot Features: Greenbelt, Landscaped

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 187
  • Number Of Units Total: 1

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

Closed on
Apr 19, 2021
Sold by
Card Randall E
Bought by
Mathai Shiji and The Shiji Mathai Revocable Fam

Purchase Details

Closed on
Sep 20, 2018
Sold by
Stewart Timothy Edward and Lam Doris
Bought by
Card Randall E

Home Financials for this Owner

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

Purchase Details

Listed on
Dec 13, 2017
Closed on
Dec 29, 2017
Sold by
Chandler Neal James
Bought by
Stewart Timothy Edward and Lam Doris
Seller's Agent
Dave Pedneault
First Team Real Estate
Buyer's Agent
Joelie Piccolini
Berkshire Hathaway H.S.C.P.
List Price
$554,900
Sold Price
$539,000
Premium/Discount to List
-$15,900
-2.87%

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%
Original Mortgage
$519,730
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 10, 2015
Sold by
Cohen Andrew M and Cohen Diana R
Bought by
Chandler Neal James
Seller's Agent
Chase Whitney
First Team Real Estate
Buyer's Agent
Michelle Fowler
Century 21 Affiliated
List Price
$449,000
Sold Price
$444,900
Premium/Discount to List
-$4,100
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
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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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
01/30/2018 01/30/18 Sold $539,000 -2.9% $408 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $554,900 +24.7% $420 / Sq Ft
08/20/2015 08/20/15 Sold $444,900 0.0% $337 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
07/01/2015 07/01/15 Price Changed $444,900 -0.9% $337 / Sq Ft
06/25/2015 06/25/15 For Sale $449,000 0.0% $340 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $449,000 -- $340 / 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 $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: OC17273902

California Regional Multiple Listing Service (CRMLS)

APN: 933-370-03