NOT LISTED FOR SALE

153 W Cascade Dr Rialto, CA 92376

Estimated Value: $1,060,708 - $1,217,000

9 Beds
5 Baths
3,900 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2018

Last sale price $640,000 $164 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,754 / mo

21 Days on Market

Highlights

  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of March 2018

Two story four unit with one 3 bed 2 bath plus three 2 bed 1 bath each with either patio or large balcony plus individual garages. Laundry room on site. Cul de sac street. Three of four units rehabbed and updated

Last Agent to Sell the Property

Gwen Parker

Vogt & Associates, Inc. License #00644767 Listed on: 01/05/2018

Last Buyer's Agent

Sue Chen

Re/Max Champions/WC License #01871688

Re/Max Champions/WC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,200 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 121
  • Assessor Parcel Number 0127182170000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Gardener Expense $75
  • Insurance Expense $400
  • Trash Expense $150
  • Water Sewer Expense $400
  • New Taxes Expense $600
  • Operating Expense $1,675
  • Net Operating Income $33,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,200 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Gardener Expense: 75.00
  • Parcel Number: 0127182170000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 164.10
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater Central
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Garden
  • Lot Size Sq Ft: 7200.00

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Electric Expense: 50.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 400.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 33300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 2
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 20100.00
  • Rent Control: No
  • Total Actual Rent: 4450.00
  • Total Expenses: 1675.00

Tax Info

  • New Taxes Expense: 600.00
  • Tax Census Tract: 35.05
  • Tax Lot: 15
  • Tax Tract Number: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jan 25, 2018
Sold by
7509 7521 Broadway Lp
Bought by
Liu Xiaoying and Wu Jian Yang
Seller's Agent
Gwen Parker
Vogt & Associates, Inc.
Buyer's Agent
Sue Chen
Re/Max Champions/WC
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$1,113,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,427
Avg. Annual Appreciation
7.16%
Original Mortgage
$431,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 25, 2015
Sold by
Jung Yong Kil and Jung Connie Kyungmi
Bought by
7509-7521 Broadway Lp
Seller's Agent
Don Vogt
Vogt & Associates, Inc.
Buyer's Agent
Don Vogt
Vogt & Associates, Inc.
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$118,967
Interest Rate
3.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 2015
Sold by
Jung Yong Kil
Bought by
Jung Yong Kil and Jung Connie Kyungmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,967
Interest Rate
3.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2013
Sold by
Investment City Llc
Bought by
Jung Yong Kil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2013
Sold by
Jung Connie Kyungmi
Bought by
Jung Yong Kil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Dec 6, 2013
Sold by
Kien Phol
Bought by
Investment City Llc
Seller's Agent
Rixon Kien
Credent Real Estate
Buyer's Agent
Don Vogt
Vogt & Associates, Inc.
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$335,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2010
Sold by
Ciig Llc
Bought by
Kien Phol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Ross Dennis Less
Bought by
Ciig Llc

Purchase Details

Closed on
May 23, 2006
Sold by
Greco Timothy
Bought by
Ross Dennis Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
8.39%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 30, 2004
Sold by
Greco Vivian
Bought by
Greco Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,350
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Smith Scott Roy and Smith Lucia L
Bought by
Ross Dennis Lee and Greco Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,350
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Rietsch Kurt W and Rietsch Judy Ann
Bought by
Smith Scott Roy and Smith Lucia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Xiaoying $640,000 California Title Company
7509-7521 Broadway Lp -- Nations Title Company
Jung Yong Kil -- None Available
Jung Yong Kil $447,000 Lawyers Title
Jung Yong Kil -- Lawyers Title
Investment City Llc -- Lawyers Title
Kien Phol $315,000 Ticor Title
Ciig Llc $230,000 Lawyers Title
Ross Dennis Lee -- Fidelity National Title Co
Greco Timothy -- Orange Coast Title Company
Ross Dennis Lee -- Orange Coast Title Company
Smith Scott Roy -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Xiaoying $431,250
Previous Owner 7509-7521 Broadway Lp $118,967
Previous Owner Jung Yong Kil $335,250
Previous Owner Kien Phol $225,000
Previous Owner Ross Dennis Lee $487,500
Previous Owner Ross Dennis Lee $324,350
Previous Owner Smith Scott Roy $261,000
Closed Ross Dennis Lee $74,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2018 03/26/18 Sold $640,000 -1.5% $164 / Sq Ft
02/27/2018 02/27/18 For Sale $649,900 0.0% $167 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $649,900 +31.3% $167 / Sq Ft
05/15/2015 05/15/15 Sold $495,000 -1.0% $131 / Sq Ft View Prior Sale
03/21/2015 03/21/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $499,900 +6.4% $132 / Sq Ft
10/10/2013 10/10/13 Sold $470,000 -3.1% $124 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $485,000 -- $128 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,083 $728,209 $159,295 $568,914
2024 $8,763 $713,931 $156,172 $557,759
2023 $9,349 $699,933 $153,110 $546,823
2022 $8,679 $686,209 $150,108 $536,101
2021 $8,623 $672,754 $147,165 $525,589
2020 $8,681 $665,856 $145,656 $520,200
2019 $8,482 $652,800 $142,800 $510,000
2018 $6,746 $522,852 $100,346 $422,506
2017 $6,695 $512,600 $98,378 $414,222
2016 $6,620 $502,549 $96,449 $406,100
2015 $6,040 $455,931 $91,798 $364,133
2014 $5,783 $447,000 $90,000 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18003512

California Regional Multiple Listing Service (CRMLS)

APN: 0127-182-17

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