NOT LISTED FOR SALE

131 Obsidian Way Livermore, CA 94550

Estimated Value: $1,810,000 - $2,061,600

5 Beds
3 Baths
2,856 Sq Ft
$683/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $1,920,000 $672 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,969/month

5 Days on Market

Highlights

  • Custom Home
  • Corner Lot
  • No HOA
  • Emma C. Smith Elementary School Rated A
  • Stone Countertops
  • Formal Dining Room

About This Home

As of August 2024

Stunning 5-Bedroom Home in Coveted South Livermore Neighborhood. Discover this exquisite corner-lot residence featuring over $70,000 in recent upgrades, including fresh interior and exterior paint. The first floor welcomes you with a stunning marble entry and elegant travertine flooring throughout. This well-maintained home offers formal living room with a wood-burning fireplace, formal dining room, convenient bedroom/office on the first floor with French doors opening to the backyard. The second level features newer flooring, and each of the 3-bathrooms features upgraded tile in the showers. Step outside to find a sprawling backyard oasis with a fishpond, majestic redwood trees, and lush vegetation providing ample shade and tranquility. The spacious side yard is perfect for RV or boat parking, with potential for an ADU. Ideally located within walking distance to Ruby Hills Winery, Emma Smith Elementary, and Mendenhall Middle School, with easy access to Highway 84 and Interstate 580. This home exemplifies comfort, luxury, and convenience in one of Livermore's most desirable neighborhoods.

Last Agent to Sell the Property

Maria Villarreal

Legacy Real Estate & Assoc. License #01423033 Listed on: 07/26/2024

Last Buyer's Agent

Flavio Amaral

License #01329101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,579

Year Built

  • Built in 1997

Lot Details

  • 8,307 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinklers Throughout Yard
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Sandhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9928341

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,579

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: SANDHURST
  • Directions: concannon-verdite
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Concrete, Laminate, Tile, Carpet
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Family Room, Formal Dining Room, Storage, Stone Counters
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Oven Built-in, Range/Oven Built-in, Refrigerator

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Front Yard, Landscape Back, Landscape Front, Street Light(s)
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Garden, Back Yard, Front Yard, Garden/Play, Side Yard, Sprinklers Automatic, Sprinklers Back, Sprinklers Front, Sprinklers Side, Storage
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric
  • Utilities: All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: Central Air, Zoned
  • Laundry Features: 220 Volt Outlet, Dryer, Gas Dryer Hookup, Washer, Inside, Sink
  • Security: Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 8307
  • Parcel Number: 9928341
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 22, 2024
Sold by
Villarreal Joseph and Villarreal Joe
Bought by
Patel Jayprakash and Patel Daxaben
Seller's Agent
Maria Villarreal
Legacy Real Estate & Assoc.
Buyer's Agent
Flavio Amaral
List Price
$199,999
Sold Price
$1,920,000
Premium/Discount to List
$1,720,001
860%
Views
27
Current Estimated Value
$1,981,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,319
Avg. Annual Appreciation
1.45%
Original Mortgage
$1,200,000
Outstanding Balance
$1,184,727
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$765,923

Purchase Details

Closed on
Jan 19, 2006
Sold by
Hubbs Timothy D and Hubbs Christine S
Bought by
Villarreal Joseph and Villarreal Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
6.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 21, 2004
Sold by
Hubbs Timothy D
Bought by
Hubbs Timothy D and Hubbs Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2004
Sold by
Hubbs Christine S
Bought by
Hubbs Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998
Sold by
Schwarz James M and Schwarz Kristin M
Bought by
Hubbs Timothy D and Hubbs Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 2, 1997
Sold by
Standard Pacific Corp
Bought by
Schwarz James M and Schwarz Kristin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.42%
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
Patel Jayprakash $1,920,000 Old Republic Title
Villarreal Joseph $1,068,000 Old Republic Title Company
Hubbs Timothy D -- Alliance Title Company
Hubbs Timothy D -- Alliance Title Company
Hubbs Timothy D $460,000 North American Title Co
Schwarz James M $405,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jayprakash $1,200,000
Previous Owner Villarreal Joseph $801,000
Previous Owner Hubbs Timothy D $73,150
Previous Owner Hubbs Timothy D $588,750
Previous Owner Hubbs Timothy D $368,000
Previous Owner Schwarz James M $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,920,000 -- --
08/23/2024 08/23/24 Sold $1,920,000 -4.0% $672 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,999,999 +900.0% $700 / Sq Ft
07/26/2024 07/26/24 For Sale $199,999 -- $70 / Sq Ft
Source: Bay East Association of REALTORS®

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 $17,579 $1,920,000 $576,000 $1,344,000
2024 $17,579 $1,430,767 $429,230 $1,001,537
2023 $17,346 $1,402,721 $420,816 $981,905
2022 $17,120 $1,375,220 $412,566 $962,654
2021 $16,058 $1,348,264 $404,479 $943,785
2020 $14,790 $1,200,000 $360,000 $840,000
2019 $15,167 $1,200,000 $480,000 $720,000
2018 $14,676 $1,160,000 $348,000 $812,000
2017 $14,556 $1,160,000 $348,000 $812,000
2016 $14,297 $1,160,000 $348,000 $812,000
2015 $11,842 $1,000,000 $300,000 $700,000
2014 $10,815 $905,000 $271,500 $633,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41067881

Bay East Association of REALTORS®

APN: 099-0283-041-00