NOT LISTED FOR SALE

535 Cascade Way Madera, CA 93636

Estimated Value: $624,080 - $665,000

5 Beds
3 Baths
2,480 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $504,000 $203 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,134/month

65 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Contemporary Architecture
  • Ranchos Middle School Rated A-
  • Clubhouse
  • Covered Patio or Porch

About This Home

As of December 2020

Wow! Two Homes under one roof! Imagine owning a home with its own Private Suite attached... a home within a home with its own private courtyard entrance, 2 bedrooms, living area, kitchenette and full sized refrigerator, washer/dryer, and bathroom with shower. Enjoy the cost savings of owning a separate accommodation for the changing circumstances of aging parents or grandparents, adult children returning home, a work at home office space for husband or wife, homeschooling space, hobby studio or gym space, while not sacrificing any privacy or comfort. This home is a rare find as most guest suites only have one bedroom while this guest accommodation has 2 nicely sized bedrooms. The main house, with a separate entrance and open floor plan, boasts an additional 3 bedrooms, full kitchen (granite countertops), living room, 2 baths, storage room, laundry room and professionally installed cabinets in a finished garage.This house shows like a model with professional landscaping front and back including a large insulated patio cover (ceiling fans), fireplace and fountains ! The amazing Riverstone Community was awarded the prestigious 2018 Gold Award for Best Master-Planned Community of the year from The Nationals-the nations largest competition for new-home communities. The large clubhouse offers family activities each month, holiday celebrations, music and movie events, an exercise facility, and gorgeous swimming pool. Less than 10 minutes to Riverpark and Valley Children's.

Last Agent to Sell the Property

William Boganwright

HomeSmart PV and Associates License #01469848 Listed on: 08/30/2020

HomeSmart PV and Associates

Last Buyer's Agent

Maria Fotopoulos

HomeSmart PV and Associates License #01454566

HomeSmart PV and Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,720 Sq Ft Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower
  • Separate Shower

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Level Entry For Accessibility
  • Covered Patio or Porch

Community Details

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Price Per Square Foot: 203.23
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Accessibility Features: One Level Floor
  • Fireplace Type: Masonry, Gas Insert, Free Standing
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Bathrooms: 3.00
  • Bedrooms: 5
  • Bathroom Features: Tub/Shower, Shower, Tub
  • Kitchen: F/S Range/Oven, Gas Appliances, Disposal, Dishwasher, Microwave, Eating Area, Breakfast Bar, Pantry
  • Laundry: Inside
  • Square Footage: 2480.00

Exterior Features

  • Yard: Sprinklers Front, Sprinklers Back, Sprinklers Auto, Drip System
  • Roofing: Tile
  • Pool Type: In Ground
  • Exterior: Stucco, Stone
  • Foundation: Concrete
  • Patio: Covered, Concrete
  • Pool: Yes
  • Pool Features: Community Pool, Gunite

Garage/Parking

  • Parking Features: Auto Opener

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS
  • Frequency: MONTHLY
  • HOA Fees: 127.00

Association/Amenities

  • Association Park Amenities: Pool, Club House, Exercise Room

Lot Info

  • Acres: 0.1543
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6720.00
  • Price Per Acre: 3266364.23

Green Features

  • Energy Efficiency: Tankless WaterHeater

Building Info

  • Year Built: 2018

MLS Schools

  • School District: Golden Valley
  • School Type: High School
  • School Name: Liberty
  • School Type: Junior High School
  • School Name: Ranchos
  • School Type: Grade School
  • School Name: Webster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Nov 11, 2020
Sold by
Terkelsen Gary M and Terkelsen Mary K
Bought by
Fringer Jason K
Seller's Agent
William Boganwright
HomeSmart PV and Associates
Buyer's Agent
Maria Fotopoulos
HomeSmart PV and Associates
List Price
$504,000
Sold Price
$504,000
Current Estimated Value
$642,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,270
Avg. Annual Appreciation
4.90%
Original Mortgage
$453,510
Outstanding Balance
$402,828
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$239,442

Purchase Details

Closed on
Jul 1, 2018
Sold by
Lennar Homes Of California Inc
Bought by
Gary M Terkelsen and Gary Mary K Terkelese

Purchase Details

Closed on
Jul 21, 2016
Sold by
Riverstone Development Llc
Bought by
Lennar Homes Of California Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fringer Jason K $504,000 Orange Coast Title Company
Gary M Terkelsen $411,000 North American Title Co
Lennar Homes Of California Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fringer Jason K $453,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $504,000 0.0% $203 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $504,000 -- $203 / Sq Ft
Source: Fresno 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 $7,818 $545,435 $97,418 $448,017
2023 $7,818 $524,257 $93,636 $430,621
2022 $7,612 $513,978 $91,800 $422,178
2021 $7,420 $503,900 $90,000 $413,900
2020 $6,867 $434,641 $85,312 $349,329
2019 $6,669 $426,120 $83,640 $342,480
2018 $2,667 $80,580 $80,580 $0
2017 $1,216 $79,000 $79,000 $0
2016 $381 $8,201 $8,201 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 547247

Fresno MLS

APN: 080-043-018