5405 Twin Lakes Drive

Local assessors in Cypress, CA have categorized 5405 Twin Lakes Drive as a residential type of property. The home was built in 1979 and is 45 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5405 Twin Lakes Drive has a total of 993 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5405 Twin Lakes Drive sold most recently in Jun 15, 2005 for a total of $337,000. If you work out the math, that's approximately a cost of $339.38 per sqft. Before that, the property was also sold for $145,000 in Dec 3, 1999. 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 $5,787 in taxes each year. 5405 Twin Lakes Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $499,800. If we break it down further, the land itself was valued at $421,818. Improvements to the property, however, were assessed at a total of $77,982. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.