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507 East Cypress Street

507 East Cypress Street, Santa Maria, CA 93454
Property in Santa Barbara
Sold Apr 09, 2021
$410,000
$402,573 by Home Point Financial Corporati
Mortgage Due May 01, 2051
Sold Jul 12, 2019
$302,000
$296,530 by Cmg Mortgage Inc
Mortgage Due Aug 01, 2049
507 East Cypress Street in Santa Maria, CA was first built in 1927 and is 97 years old. This has been categorized as a residential property type. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 507 East Cypress Street has 1,007 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 507 East Cypress Street sold most recently in Feb 19, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $407.15 per sqft. Before that, the property was also sold for $302,000 in May 28, 2019. 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 $4,638 in taxes each year. The initial year of tax delinquency occurred in 2022. 507 East Cypress Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,564. If we break it down further, the land itself was valued at $156,060. Improvements to the property, however, were assessed at a total of $270,504. 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,007
  • Building Area: 1,007
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOKS ADDITION NO. 2
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COOKS ADD 2 LOTS 28 LOT 29 BLK 2

Ownership

  • Current Owner : SULLIVAN DENISE
  • Current Owner 2: SULLIVAN SHANE
  • Previous Owner : SAIS LINDSEY J
  • Previous Owner 2: SAIS CONNIE
  • Owner Before Previous Owner: STAMEY MELISSA
  • Owner Before Previous Owner 2: TILLEY STEPHEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Maria Joint Union High School District
  • Census Tract: 002101

Geography

  • Assessors Map Reference: 202-F5
  • Parcel: 125-034-013
  • Block: 2
  • Lot: 28-29
  • Municipality: CITY OF SANTA MARIA CITY
  • Latitude: 34.9512
  • Longitude: -120.43

    Address

  • Full Address: 507 E Cypress St
  • Address - House Number: 507
  • Street Direction: E
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Maria
  • Carrier Code: C004
  • 4-Digit Zip Code: 5217
  • Zip Code: 93454

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,638
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 532,196
  • High Value: 634,548
  • Low Value: 429,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,573
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Loan Amount: $402,573
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,564
  • Assessed Land Value: $156,060
  • Assessed Improvements Value: $270,504

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11830421628
  • Current Sale Price: $410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0028033
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $302,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $402,573
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 12, 2019
  • Previous Mortgage Loan Amount: $296,530
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 507 East Cypress Street located in?
The 507 East Cypress Street is a located in the neighborhood of Santa Barbara in Santa Maria, Santa Maria.
What is the average sales price for listings in 507 East Cypress Street?
The average sales price for units in 507 East Cypress Street is $0 currently.

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