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2641 Cypress Point Drive

2641 Cypress Point Drive, Fullerton, CA 92833
Property in Orange
Sold Jun 16, 2015
$540,000
$280,000 by Pacific Bay Lending Group
Mortgage Due Jul 01, 2045
Sold Jan 16, 2008
$485,000
$388,000 by Countrywide Bank Fsb
Mortgage Due Feb 01, 2038
2641 Cypress Point Drive has been categorized by the local assessors in Fullerton, CA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2641 Cypress Point Drive has 1,852 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,371 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gas heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2641 Cypress Point Drive sold most recently in Apr 28, 2015 for a total of $540,000. If you work out the math, that's approximately a cost of $291.58 per sqft. Before that, the property was also sold for $485,000 in Jan 7, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,932 in taxes each year. 2641 Cypress Point Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $623,793. If we break it down further, the land itself was valued at $465,223. Improvements to the property, however, were assessed at a total of $158,570. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,371
  • Total Building Area: 1,852
  • Gross Building Area: 2,356
  • Building Area: 1,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,852
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.054
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 7661 BLK LOT 41

Ownership

  • Current Owner : LEE CATHY
  • Previous Owner : KIM MYUNG YONG
  • Previous Owner 2: CHO EUN HA KIM
  • Owner Before Previous Owner: PAK PETER
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 110605

Geography

  • Assessors Map Reference: 5-E4
  • Subdivision Tract Number: 7661
  • Parcel: 280-062-28
  • Lot: 41
  • Latitude: 33.8801
  • Longitude: -117.972

    Address

  • Full Address: 2641 Cypress Point Dr
  • Address - House Number: 2641
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fullerton
  • Carrier Code: C013
  • 4-Digit Zip Code: 2061
  • Zip Code: 92833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,932
  • Tax Rate Code Area: 03-003

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 1,069,989
  • High Value: 1,272,928
  • Low Value: 867,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: PACIFIC BAY LENDING GROUP
  • First Open Lien Mortgage Recording Date: Jun 16, 2015
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $623,793
  • Assessed Land Value: $465,223
  • Assessed Improvements Value: $158,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2015
  • Current Sale Recording Date: Jun 16, 2015
  • Current Sale Transaction ID: 1224004915
  • Current Sale Price: $540,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015000312415
  • Previous Sale Recording Date: Jan 16, 2008
  • Previous Sale Contract Date: Jan 07, 2008
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC BAY LENDING GROUP
  • First Mortgage Transaction Date: Jun 16, 2015
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Jan 16, 2008
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2038

About Fullerton



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Frequently Asked Questions

What neighborhood is 2641 Cypress Point Drive located in?
The 2641 Cypress Point Drive is a located in the neighborhood of Orange in Fullerton, Fullerton.
What is the average sales price for listings in 2641 Cypress Point Drive?
The average sales price for units in 2641 Cypress Point Drive is $0 currently.

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