tomo logo

$638,000

Beds
1
Baths
1.0
sq ft
784

505 Cypress Point Dr Unit 231, Mountain View, CA 94043

505 Cypress Point Dr Unit 231

Mountain View, CA 94043

  • 68 days on market
    • Price drop $21,000↓
Welcome to Cypress Point Lakes, a serene enclave nestled amidst mature pine and redwood trees, offering a tranquil retreat from the hustle and bustle of everyday life. This community provides an array of amenities, including two swimming pools, tennis courts, scenic walkways, lush grass and picnic areas, a clubhouse, and an exercise room. Unit 231 presents a chic and stylish design, featuring laminate flooring, vaulted ceilings, and a mesmerizing floating open-face gas fireplace, creating the perfect setting for cozy evenings at home. The shaded outdoor balcony offers a relaxing space with views of the surrounding nature and the inviting pool area. The updated kitchen is a culinary haven, boasting quartz countertops and new stainless steel appliances, making meal preparation a delightful experience. The expansive primary suite is a sanctuary of comfort, featuring an updated bathroom with dual sinks and a glass-enclosed shower over a tub, complete with a rejuvenating rainforest shower head. This idyllic residence at Cypress Point Lakes offers a harmonious blend of natural beauty and modern elegance, providing a serene and luxurious lifestyle. Don't miss the opportunity to make this exceptional property your own.

Details

Property type

Condominium

Est. home value

$793,299

Lot size

Unknown

Price per sq ft

$814

Year built

1971

Monthly HOA fee

$592

Price History

07/01/2024
BridgeMLS

BridgeMLS #ML81963554

Price change
$638,000
-3.19%
06/12/2024
BridgeMLS

BridgeMLS #ML81963554

Price change
$659,000
-4.35%
04/30/2024
BridgeMLS

BridgeMLS #ML81963554

Listed
$689,000
+0.15%

Schools & Community

Neighborhood: 

Moffett Boulevard

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Mountain View-Los Altos Union High

Number of units in community: 

302

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$154,919
Asking price
$638,000
Closing costs (~8% of asking)
-$51,040
Est. remaining loan balance
-$432,041
Cash to seller
$154,919

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

June 2022

Original loan amount

$481,600

Est. remaining balance

$432,041

Interest rate

4.38%

Loan type

New Conventional, 15 year

Seller

Andrea Macadam

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 3:45 PM

Listing updated: 07/01/2024 at 10:17 AM

Listed by: Marc A. Gallardo, Compass Phone #: (408) 781-5450

MLS: BridgeMLS #ML81963554

BridgeMLS logo

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