5271 Bishop St Cypress, CA 90630

$875,000 Sold Price as of 09/14/2017

1 Beds
1 Baths
645 Sq.Ft.

Off Market

$875,000 Sold Price as of 09/14/2017 Refinance Your Mortgage

Map preview of 5271 Bishop St, Cypress, CA 90630

Property Overview: 5271 Bishop St Cypress, CA has 1 bedrooms, 1 bathrooms, 645 living square feet and 6,916 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5271 Bishop St is currently an off market home in the city of Cypress. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Cypress has a median list price of $875,000. The median price per/sqft for Cypress is $586. With those numbers in mind, if you are looking to purchase a median priced home in Cypress, CA and put 20% down you will need to save up $175,000 for the down payment and will need roughly $17,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Cypress the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5271 Bishop St

Last sold for $875,000 on September 14th, 2017

September, 2017
Sep 15, 2017

Date

Sold

CRMLS: PW17134894

$875,000

Price
Jun 30, 2017

Date

Pending

CRMLS: PW17134894

$875,000

Price
Jun 17, 2017

Date

Active

CRMLS: PW17134894

$875,000

Price
Jun 14, 2017

Date

Hold

CRMLS: PW17134894

$875,000

Price
Jun 14, 2017

Date

Active

CRMLS: PW17134894

$875,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to purchase a tri-plex. Great Investment! Rents are below market. There is a 3 bedroom, 1 1/4 bath unit on the bottom approximately 1,150 sqft. Also has sliding door to an enclosed side yard. Top level, are two units: 2 bedroom, 1 1/4 bath , approximately 825 sqft. each. There is an enclosed laundry on the bottom level. At the rear of the property is 3-car covered parking with storage cabinet for each. On the rear side is a grass area and BBQ. There is a storage area at rear of property presently used by landlord. Drive by Only. Do not disturb tenants. Title shows property built 1924, see attached supplement from the City of Cypress Building Department, 1986.

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September, 2017
Sep 14, 2017

Date

Sold (Public Records)

Public Records

$875,000

Price
November, 2000
Nov 13, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5271 Bishop St

Assessed Value (2020): $886,495

Year	Land Value	Improved Value	Assessed Value
2020	$726,926	$159,569	$886,495

About 5271 Bishop St

Detailed summary of property

5271 Bishop St is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Cypress, CA 90630 and last sold on September 14, 2017 for $875,000. This property has 1 bedrooms, 1 bathrooms, roughly 645 living square feet, and sits on an approximately 6,916 square foot lot. Homes in Cypress are selling for a median price of $1,050,000 and a median price per square foot of $595. Based on Ardent Real Estate Group's Cypress Market Data, this home is sold 16.67% lower than the current median priced home. 5271 Bishop St was last sold on September 14, 2017 for $875,000. Local nearby listings include 12530 Inglenook Ln, 8211 E Tula St and 1348 S Berkley St. The average home in Cypress, CA is selling in 66 days. There are currently 59 homes for sale in the Cypress real estate market and 35 of them are single family homes while 13 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 5271 Bishop St Cypress, CA 90630 contact Ardent Real Estate Group and we will put you in touch with one of our Cypress agents.

Public Facts for 5271 Bishop St

Public county record property details

Beds: 1
Baths: 1
Year built: 1924
Sq. Ft.: 645
Lot Size: 6,916
Stories: 1

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: Orange
Lot#: 21
APN: 244-461-20

The source for these homes facts are from public records.

90630 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$875,000

Median List Price/Sq.Ft.

$583

Median Sold Price

$995,000

Median Sold Price/Sq.Ft.

$579

Total Inventory

Median Sale to List Price %

99.6%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (5%), Cash (10%), Other (25%)

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