NOT LISTED FOR SALE

5016 Cascade Ct Culver City, CA 90230

Estimated Value: $1,192,000 - $1,326,000

3 Beds
3 Baths
1,735 Sq Ft
$725/mo HOA Fee

Last Sold September 12, 2022

Last sale price $970,000 $559 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,491/month

7 Days on Market

Highlights

  • Gated with Attendant
  • Heated In Ground Pool
  • Clubhouse
  • Farragut Elementary School Rated A
  • Community Lake
  • Contemporary Architecture

About This Home

As of September 2022

Raintree Townhome- 3 Bed.+ Den. Tri-level. This townhouse will need a complete make over. It will need updating in all rooms. Great floorplan with 3 full bedrooms and 3 baths. Two of the baths are on the same level with the primary bedroom. Main level bathroom features a walk in tub with shower. Private 2 car garage with direct access. Washer & dryer at the garage level. Bring your imagination and remake this townhouse the way that you want it. Raintree is the premiere townhome community in the area. Large lake and acres of open grounds to walk around. Heated pool and 2 tennis courts with a large rec.building. Come and visit Raintree, you won't believe your eyes. Formerly back lot #3 for the old MGM movie studios. The monthly HOD includes basic cable and internet access with Spectrum.

Last Agent to Sell the Property

Jay Messick

Cavanaugh Realtors License #00684754 Listed on: 07/27/2022

Last Buyer's Agent

Erika Taylor

Hometown REALTORS, Padilla License #02040669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,751

Year Built

  • Built in 1973

Lot Details

  • 1,255

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Fixer Upper

Interior Spaces

  • 1,735 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • Den
  • Carpet
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4296-003-043

Community Details

Overview

  • Association fees include cable TV, earthquake insurance
  • 210 Units
  • Raintree Townhouse Assoc. Association, Phone Number (310) 836-5570
  • Community Lake
  • Planned Unit Development

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,751

Year Built

Built in 1973

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Raintree Townhomes
  • Entry Floor: 3
  • Entry Location: Main Level
  • Living Area: 1735
  • Lot Acreage: 0.0288
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Unit Floor In Building: 3
  • Year Built: 1973
  • Builders Tract Name: Raintree Townhomes
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Gas
  • Flooring: Carpet
  • Appliances: Cooktop - Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Laundry: Garage, Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Garbage Disposal, Dishwasher, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 553.31

Exterior Features

  • Balcony: yes
  • Construction: Hard Coat
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Patio Open
  • Pool Description: Heated, Community
  • Pool: Yes
  • Roof: Tile
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Door Opener, Parking for Guests, Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Air Conditioning, Electric
  • Earth Quake Ins: 1
  • Heating: Natural Gas
  • Security: Carbon Monoxide Detector(s), Community, Gated Community with Guard, Smoke Detector
  • Water: District, Meter on Property

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Clubhouse, Gated Community Guard, Sun Deck, Pool, Onsite Property Management, Lake or Pond
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Earthquake Insurance
  • HOA Fees: 725.00
  • Management Company: Raintree Townhouse Assoc.
  • Mgmt Co Phone: 3108365570|
  • Phone: 3108365570|
  • HOA: Yes

Schools

  • School District: Culver City Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4296-003-043
  • Lot Description: Gated Community
  • Lot Size Area: 1255

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 210

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 9, 2022
Sold by
Freda F Curtiss Trust
Bought by
Ramirez Luis and Ramirez Lindsay
Seller's Agent
Jay Messick
Cavanaugh Realtors
Buyer's Agent
Erika Taylor
Hometown REALTORS, Padilla
List Price
$960,000
Sold Price
$970,000
Premium/Discount to List
$10,000
1.04%
Views
20
Current Estimated Value
$1,230,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,065
Avg. Annual Appreciation
9.13%
Original Mortgage
$937,626
Outstanding Balance
$897,393
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$358,885

Purchase Details

Closed on
Sep 28, 1994
Sold by
Silverman Edith and The Edith Silverman Trust
Bought by
Curtiss Freda F and The Freda F Curtiss Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramirez Luis $970,000 --
Curtiss Freda F $223,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Luis $937,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $970,000 +1.0% $559 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $960,000 -- $553 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,751 $1,009,188 $405,756 $603,432
2024 $12,751 $989,400 $397,800 $591,600
2023 $12,091 $970,000 $390,000 $580,000
2022 $5,136 $352,943 $36,388 $316,555
2021 $5,092 $346,024 $35,675 $310,349
2019 $4,856 $335,763 $34,618 $301,145
2018 $4,673 $329,181 $33,940 $295,241
2016 $4,289 $316,400 $32,623 $283,777
2015 $4,264 $311,648 $32,133 $279,515
2014 $4,300 $305,544 $31,504 $274,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-183893

The MLS

APN: 4296-003-043