5497 Twin Lakes Drive, Cypress, California 90630, Cypress, 90630 - 2 bed, 2 bath

5497 Twin Lakes Drive, Cypress, California 90630 home-pic-0
ACTIVE$585,000
5497 Twin Lakes Drive, Cypress, California 90630
2Beds
2Baths
993Sqft
155,248Lot
Year Built
1979
Close
-
List price
$585K
Original List price
$625K
Price/Sqft
$589
HOA
$522
Days on market
-
Sold On
-
MLS number
PW24216581
Home ConditionFair
Features
Good View: Pond
Deck
Patio
ViewPond

About this home

We found 3 Cons,5 Pros. Rank: price - $585.0K(37th), sqft - 993(26th), beds - 2(50th), baths - 2(50th).

Beautiful Twin Lakes townhouse with private two car garage, the sunny open layout features sliding glass doors and seamless flow to a tranquil patio, this 2 bedroom 1.5 bath condo is move in ready, spacious living room with fire place that leads to a private entry deck. washer and dryer hooks up and brand new A/C unit.

Price History

Date
Event
Price
07/03/23
Sold
$580,000
06/27/06
Sold
$395,000
01/02/03
Sold
$208,000
11/02/99
Sold
$139,000
Condition Rating
Fair

Built in 1979, the property is aged but appears to be maintained, as indicated by the 'move-in ready' status and a 'brand new A/C unit.' However, the kitchen features dated white appliances, laminate countertops, and older white cabinetry, suggesting it has not been significantly updated in many years. Similarly, the bathrooms show older vanities, fixtures, and tile work, indicating they are functional but aesthetically outdated. While major systems are functional, the key areas of kitchen and bathrooms require minor to moderate updates to meet current styles and standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Updated Comfort & Readiness: The property is 'move-in ready' and features a 'brand new A/C unit,' ensuring immediate comfort and reduced initial expenses for the buyer.
Private Parking & Outdoor Living: Includes a 'private two-car garage' and offers appealing outdoor spaces with a 'tranquil patio' and 'private entry deck.'
Bright & Functional Layout: Boasts a 'sunny open layout' with 'sliding glass doors' and a 'fireplace,' creating an inviting and functional living environment.
Scenic Pond View: Benefits from a 'Pond view,' adding a desirable aesthetic and tranquil element to the property.
In-Unit Laundry Convenience: Equipped with 'washer and dryer hooks up,' providing essential in-unit laundry convenience.

Cons

Substantial Monthly HOA Dues: The association fee of $522.0 is a significant recurring monthly expense that impacts overall affordability.
Limited Bedroom/Bathroom Count: With 2 bedrooms and 1.5 baths, the property may not accommodate larger households or those requiring more private facilities.
Older Construction Year: Built in 1979, the property's age could imply potential for future maintenance needs or dated infrastructure, despite recent updates.

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