NOT LISTED FOR SALE

143 W Cascade Dr Rialto, CA 92376

Estimated Value: $895,623 - $1,063,000

7 Beds
4 Baths
3,800 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $438,000 $115 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,950/month

7 Days on Market

About This Home

As of December 2015

This well maintained fourplex building offer four units with 4 single car detached garages - all new garage doors. There is room to park an additional vehicle behind the garage as well as plenty of street parking. There is a laundry room on-site as well as a storage room. Two units upstairs, two units downstairs. NO HOA!!!!! Walking distance to shopping, schools and public transportation. Conveniently located just south of the 210 freeway; above Baseline. Room for rent increases. Three units occupied, one vacant. Property being sold AS-IS.

Last Agent to Sell the Property

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139 Listed on: 11/06/2015

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 1968

Lot Details

  • 7,200 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0127182180000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $780
  • Insurance Expense $1,232
  • Trash Expense $2,172
  • Water Sewer Expense $2,664
  • New Taxes Expense $6,125
  • Net Operating Income $34,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,270

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: Other Broker
  • Other Phone Number: 909-553-6153
  • Property Attached: Yes
  • Water Sewer Expenses: 2664.00
  • Property Type: Residential Income
  • Parcel Number: 0127182180000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 115.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2172.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7200.00
  • Price Per Lot Square Foot: 60.83
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 780.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1232.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 34224.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 6576.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6125.00
  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2018
Sold by
Group Xiii Properties Lp
Bought by
Group V San Bernardino Lp
Current Estimated Value
$995,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,004,000
Outstanding Balance
$3,548,201
Interest Rate
4.9%
Mortgage Type
Commercial
Estimated Equity
-$2,591,313

Purchase Details

Listed on
Nov 6, 2015
Closed on
Nov 24, 2015
Sold by
Slagg William G and Slagg Megan Mc Rae
Bought by
Group Xiii Properties Lp
Seller's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$450,000
Sold Price
$438,000
Premium/Discount to List
-$12,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$438,000
Interest Rate
3.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 27, 2004
Sold by
Slagg William G and Mcrae Megan
Bought by
Slagg William G and Slagg Megan Mcrae

Purchase Details

Closed on
Jan 15, 2004
Sold by
Sidhu Jasvinder
Bought by
Slagg William G and Mcrae Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Najjarine Fouad Chiekh and Najjarine Kathleen Marie
Bought by
Sidhu Jasvinder and 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
$308,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Rietsch Kurt W and Rietsch Judy Ann
Bought by
Najjarine Fouad Chiekh and Najjarine Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Group V San Bernardino Lp -- Orange Coast Title Co
Group Xiii Properties Lp $438,000 Orange Coast Title
Slagg William G -- --
Slagg William G $385,000 Orange Coast Title Company
Sidhu Jasvinder -- --
Najjarine Fouad Chiekh -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Group V San Bernardino Lp $4,004,000
Previous Owner Group V San Bernardino Lp $4,004,000
Previous Owner Group Xiii Properties Lp $438,000
Previous Owner Slagg William G $308,000
Previous Owner Najjarine Fouad Chiekh $203,000
Closed Najjarine Fouad Chiekh $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $438,000 -2.7% $115 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $450,000 -- $118 / 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 $6,270 $518,503 $106,542 $411,961
2024 $6,270 $508,336 $104,453 $403,883
2023 $6,687 $498,369 $102,405 $395,964
2022 $6,210 $488,597 $100,397 $388,200
2021 $6,170 $479,016 $98,428 $380,588
2020 $6,211 $474,105 $97,419 $376,686
2019 $6,070 $464,809 $95,509 $369,300
2018 $5,892 $455,695 $93,636 $362,059
2017 $8,596 $446,760 $91,800 $354,960
2016 $7,276 $438,000 $90,000 $348,000
2015 $6,126 $455,457 $112,386 $343,071
2014 $5,173 $400,000 $75,000 $325,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DARLENE MEDLIN

    EMPIRE MANAGEMENT GROUP

  • C

    Buyer's Agent in 2015

    Christopher Dumayas

    MZ BROKERAGE INC.

    (626) 676-5090

    19 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15241388

California Regional Multiple Listing Service (CRMLS)

APN: 0127-182-18

California San Bernardino County Rialto 92376

143 W Cascade Dr, Rialto, CA

This home is located at 143 W Cascade Dr, Rialto, CA 92376 since 06 November 2015 and is currently estimated at $995,906, approximately $262 per square foot. This property was built in 1968. 143 W Cascade Dr is a home located in San Bernardino County with nearby schools including Preston Elementary School, Kolb Middle School, and Eisenhower High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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