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2311 Cascade

2311 Cascade, Tustin, CA 92782
Property in Tustin
Sold Jul 22, 2020
$685,000
$400,000 by Tj Financial Inc
Mortgage Due Aug 01, 2050
Sold Jun 27, 2012
$455,000
$364,000 by Mega Capital Funding Inc
Mortgage Due Jul 01, 2042
2311 Cascade has been categorized by the local assessors in Tustin, CA as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 2311 Cascade has 1,467 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 456 sqft. According to our sources, there are a total of 2 available parking spaces. 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, 2311 Cascade sold most recently in Jul 2, 2020 for a total of $685,000. If you work out the math, that's approximately a cost of $466.94 per sqft. Before that, the property was also sold for $455,000 in Jun 8, 2012. 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 $7,437 in taxes each year. 2311 Cascade was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $712,674. If we break it down further, the land itself was valued at $544,920. Improvements to the property, however, were assessed at a total of $167,754. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,467
  • Building Area: 1,467
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,467
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENTANA AT TUSTIN RANCH HOA
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 14110 BLK LOT 1 UN 33 TRACT 14110, LOT 1 OF PROJ 934-28 LOCATED ON AP

Ownership

  • Current Owner : KO CAROL
  • Previous Owner : VUKMANOVICH VERA
  • Previous Owner 2: THE VERA VUKMANOVICH TRUST
  • Owner Before Previous Owner: SMITH CAROL ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075607

Geography

  • Assessors Map Reference: 24-C2
  • Subdivision Tract Number: 14110
  • Parcel: 934-282-67
  • Lot: 1
  • Latitude: 33.7407
  • Longitude: -117.79

    Address

  • Full Address: 2311 Cascade
  • Address - House Number: 2311
  • Address - Street Name: Cascade
  • State: CA
  • City Name: Tustin
  • Carrier Code: C054
  • 4-Digit Zip Code: 1039
  • Zip Code: 92782

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,437
  • Tax Rate Code Area: 13-171

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,006,701
  • High Value: 1,213,496
  • Low Value: 799,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: TJ FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712,674
  • Assessed Land Value: $544,920
  • Assessed Improvements Value: $167,754

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Transaction ID: 11774556950
  • Current Sale Price: $685,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000352688
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Contract Date: Jun 08, 2012
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TJ FINANCIAL INC
  • First Mortgage Transaction Date: Jul 22, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Previous Mortgage Transaction Date: Jun 27, 2012
  • Previous Mortgage Loan Amount: $364,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 2311 Cascade located in?
The 2311 Cascade is a located in the neighborhood of Tustin in Tustin, Tustin.
What is the average sales price for listings in 2311 Cascade?
The average sales price for units in 2311 Cascade is $0 currently.

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