NOT LISTED FOR SALE

2551 Cowan Way Livermore, CA 94550

Estimated Value: $2,053,000 - $2,408,000

5 Beds
5 Baths
4,030 Sq Ft
$551/Sq Ft Est. Value

About This Home

This home is located at 2551 Cowan Way, Livermore, CA 94550 and is currently estimated at $2,220,433, approximately $550 per square foot. 2551 Cowan Way is a home located in Alameda County with nearby schools including Arroyo Seco Elementary School, East Avenue Middle School, and Livermore High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Welch Jeffrey and Borrelli Welch Lesli
Bought by
Borrelli Lesli
Current Estimated Value
$2,220,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$360,933
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,859,500

Purchase Details

Closed on
May 28, 2015
Sold by
Welch Jeffrey and Borrelli Welch Lesli
Bought by
Welch Jeffrey and Borrelli Welch Lesli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2015
Sold by
Nei Global Relocation Company
Bought by
Welch Jeff and Welch Lesli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2015
Sold by
Houston Walter and Houston Julie A
Bought by
Nei Global Relocation Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2009
Sold by
Reyes Benjamin Thomas and Reyes Maria Theresa
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Nov 17, 2006
Sold by
Meritage Homes Of California Inc
Bought by
Reyes Benjamin Thomas and Reyes Maria Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 10, 2006
Sold by
Lo Land Assets Lp
Bought by
Meritage Homes Of California Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.05%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Borrelli Lesli -- Orange Coast Ttl Co Of Nocal
Welch Jeffrey -- Chicago Title Company
Welch Jeff $1,225,000 Stewart Title Guaranty Co
Nei Global Relocation Company $1,225,000 Stewart Title Guaranty Co
Gmac Mortgage Llc $711,000 None Available
Reyes Benjamin Thomas $1,070,000 First American Title Co
Meritage Homes Of California Inc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrelli Lesli $412,000
Closed Welch Jeffrey $424,297
Previous Owner Reyes Benjamin Thomas $856,000
Previous Owner Meritage Homes Of California Inc $107,000
Source: Public Records

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 $19,647 $1,465,217 $441,665 $1,030,552
2024 $19,647 $1,436,355 $433,006 $1,010,349
2023 $19,367 $1,415,058 $424,517 $990,541
2022 $19,042 $1,380,311 $416,193 $971,118
2021 $17,887 $1,353,117 $408,035 $952,082
2020 $17,922 $1,346,176 $403,853 $942,323
2019 $18,064 $1,319,790 $395,937 $923,853
2018 $17,649 $1,293,917 $388,175 $905,742
2017 $17,054 $1,268,548 $380,564 $887,984
2016 $16,519 $1,243,680 $373,104 $870,576
2015 $11,651 $864,577 $259,373 $605,204
2014 $11,478 $847,648 $254,294 $593,354
Source: Public Records

Map

California Alameda County Livermore 94550

2551 Cowan Way, Livermore, CA

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