NOT LISTED FOR SALE

123 W Cascade Dr Rialto, CA 92376

Estimated Value: $1,005,269 - $1,101,000

9 Beds
5 Baths
3,792 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $525,000 $138 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,204/month

9 Days on Market

About This Home

As of March 2017

Great investment property!! All units rented. Property has new windows and new exterior paint. Please make offer subject to interior inspection.

Last Agent to Sell the Property

Braulio Diaz

Advantage Real Estate License #01204394 Listed on: 01/26/2017

Last Buyer's Agent

Roberto Moran

RE/MAX CHAMPIONS WC License #01435782

RE/MAX CHAMPIONS WC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,349

Year Built

  • Built in 1965

Lot Details

  • 7,200 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 3,792 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 7082
  • Assessor Parcel Number 0127182200000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,360
  • Trash Expense $2,160
  • Water Sewer Expense $3,984
  • New Taxes Expense $5,190
  • Operating Expense $12,694
  • Gross Income $41,400
  • Net Operating Income $28,706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,349

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Other Phone Number: 909.260.3233
  • Property Attached: No
  • Water Sewer Expenses: 3984.00
  • Property Type: Residential Income
  • Parcel Number: 0127182200000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 138.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 2160.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7200.00

Multi Family

  • Gross Income: 41400.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 1360.00
  • Net Operating Income: 28706.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12694.00
  • Rent Control: No
  • Total Expenses: 12694.00

Tax Info

  • New Taxes Expense: 5190.00
  • Tax Census Tract: 35.05
  • Tax Lot: 3
  • Tax Tract Number: 7082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2020
Sold by
Sam Cao Menh
Bought by
Sam Wilson Cao Menh and Sam Brian
Current Estimated Value
$1,026,416

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 9, 2017
Sold by
Mendoza Hector and Mendoza Leticia
Bought by
Sam Cao Menh
Seller's Agent
Braulio Diaz
Advantage Real Estate
Buyer's Agent
Roberto Moran
RE/MAX CHAMPIONS WC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$315,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,930
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2008
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Mendoza Hector and Mendoza Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,930
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2008
Sold by
Alonso Karina
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 8, 2006
Sold by
Grewal Kiran
Bought by
Alonso Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 2006
Sold by
Grewal Lora
Bought by
Grewal Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 17, 2006
Sold by
Sidhu Jasvinder
Bought by
Grewal Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 24, 2005
Sold by
Narvaez Ascension M
Bought by
Sidhu Jasvinder and The Hari Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2004
Sold by
Narvaez Susana
Bought by
Narvaez Ascension M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2004
Sold by
Palm Cascade Properties Llc
Bought by
Narvaez Ascension M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Winter Hugh W and Winter Nancy Ann
Bought by
Palm Cascade Properties Llc

Purchase Details

Closed on
May 12, 2003
Sold by
Rietsch Kurt W and Rietsch Judy Ann
Bought by
Winter Hugh W and Winter Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
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
Sam Wilson Cao Menh -- None Available
Sam Cao Menh $525,000 Spl Title Services
Jpmorgan Chase Bank National Association -- Lawyers Title Company
Mendoza Hector $310,000 Southland Title
Washington Mutual Bank $319,500 Commonwealth
Alonso Karina -- Orange Coast Title
Grewal Kiran -- Orange Coast Title
Grewal Kiran -- Orange Coast Title
Sidhu Jasvinder -- Landsafe Rancho Cucamonga
Narvaez Ascension M -- Orange Coast Title Company
Narvaez Ascencion -- Orange Coast Title Company
Narvaez Ascension M -- Orange Coast Title Company
Palm Cascade Properties Llc -- --
Winter Hugh W -- First American
Ortiz Luis Ricardo -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sam Cao Menh $315,000
Previous Owner Mendoza Hector $223,500
Previous Owner Mendoza Hector $216,930
Previous Owner Alonso Karina $516,000
Previous Owner Grewal Kiran $504,000
Previous Owner Sidhu Jasvinder $504,000
Previous Owner Narvaez Ascension M $400,000
Previous Owner Winter Hugh W $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $525,000 0.0% $138 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $525,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,349 $609,307 $150,875 $458,432
2024 $7,349 $597,360 $147,917 $449,443
2023 $7,839 $585,647 $145,017 $440,630
2022 $7,279 $574,164 $142,174 $431,990
2021 $8,804 $687,045 $171,761 $515,284
2020 $7,281 $557,134 $137,957 $419,177
2019 $7,114 $546,210 $135,252 $410,958
2018 $7,258 $535,500 $132,600 $402,900
2017 $5,240 $399,450 $110,959 $288,491
2016 $5,182 $391,617 $108,783 $282,834
2015 $5,204 $385,735 $107,149 $278,586
2014 $4,896 $378,179 $105,050 $273,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17016832

California Regional Multiple Listing Service (CRMLS)

APN: 0127-182-20