NOT LISTED FOR SALE

37037 Olive St Newark, CA 94560

Estimated Value: $1,333,000 - $1,606,000

7 Beds
3.5 Baths
2,799 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $1,145,000 $409 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,353/month

7 Days on Market

Highlights

  • Stone Countertops
  • Tile Flooring
  • 2 Car Garage
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2020

The one you've been waiting for! A fantastic opportunity for a large family home! At almost 2,800 square feet of living space on an oversized 7500 square foot lot, this property is brimming with possibilities! Total 7 bedrooms; 3.5 bathrooms. Interested buyers may check with the City of Newark regarding a sanctioned ADU to make it a multi- unit property that generates rental income as there is already a separate access in the rear. Notable upgrades include fresh exterior paint, remodeled kitchens with cherry cabinets and granite counters, laminate floors, dual pane windows, newer roof. Infrastructure updates include central heating, newer water heater & some copper piping. Large yard offers abundant parking, a detached two car garage plus additional storage space & multiple fruit trees; also plenty of street parking available. Convenient location is minutes to Dumbarton Bridge (and Facebook campus), I-880, shopping, restaurants and errands.

Last Agent to Sell the Property

Yvette Y.l. Teng

Everhome License #01411998 Listed on: 07/30/2020

Everhome

Co-Listed By

Nicole Causey

License #01464294

Last Buyer's Agent

Oby Ali

Golden Gate Sotheby's Int'l Re License #02078789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,423

Year Built

  • Built in 1940

Lot Details

  • 7,500

Parking

  • 2 Car Garage

Home Design

  • Composition Shingle Roof
  • Stucco

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 7,500 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 92528

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,423

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1940
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Co List Office Mls Id: SHHJ01
  • Subdivision Name: Other
  • Directions: Thornton Ave->Olive St
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Composition Shingles
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Laundry Features: Hookups Only, In Unit
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 92528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 23, 2020
Sold by
Ahmadi Arezo Zelaikha
Bought by
Ahmed Shadman
Seller's Agent
Yvette Y.l. Teng
Everhome
Buyer's Agent
Oby Ali
Golden Gate Sotheby's Int'l Re
List Price
$1,049,000
Sold Price
$1,145,000
Premium/Discount to List
$96,000
9.15%
Current Estimated Value
$1,499,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,994
Avg. Annual Appreciation
5.53%
Original Mortgage
$137,699
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 11, 2020
Sold by
Pradhan Sujin and Sharma Manju
Bought by
Ahmed Shadman and Abid Mohammed
Seller's Agent
Yvette Y.l. Teng
Everhome
Buyer's Agent
Oby Ali
Golden Gate Sotheby's Int'l Re
List Price
$1,049,000
Sold Price
$1,145,000
Premium/Discount to List
$96,000
9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,699
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2017
Sold by
Pradhan Rajin
Bought by
Pradhan Sujin and Sharma Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,400
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Martinez Mario and Martinez Cynthia L
Bought by
Pradhan Sujin and Sharma Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2015
Sold by
Sharma Diwakar
Bought by
Sharma Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ahmed Shadman -- Fidelity National Title
Abid Mohammed -- Fidelity National Title
Ahmed Shadman $1,145,000 Fidelity National Title
Pradhan Sujin $621,500 Fidelity National Title Co
Pradhan Sujin $680,000 Orange Coast Title Company
Sharma Manju -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ahmed Shadman $137,699
Open Ahmed Shadman $1,089,015
Closed Ahmed Shadman $1,089,015
Previous Owner Pradhan Sujin $621,400
Previous Owner Pradhan Sujin $636,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $1,145,000 -- --
02/04/2025 02/04/25 Off Market $1,145,000 -- --
09/28/2020 09/28/20 Sold $1,145,000 +9.2% $409 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,049,000 -- $375 / 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 $16,423 $1,331,062 $487,089 $850,973
2024 $16,423 $1,304,831 $477,540 $834,291
2023 $15,475 $1,286,118 $468,180 $817,938
2022 $14,157 $1,160,900 $459,000 $708,900
2021 $13,797 $1,138,000 $450,000 $695,000
2020 $10,345 $839,547 $306,966 $532,581
2019 $10,196 $823,091 $300,949 $522,142
2018 $10,048 $806,955 $295,049 $511,906
2017 $8,775 $704,173 $258,887 $445,286
2016 $8,691 $690,369 $253,812 $436,557
2015 $4,512 $341,271 $74,886 $266,385
2014 $4,637 $334,587 $73,419 $261,168
Source: Public Records

Agents Affiliated with this Home

  • Yvette Y.l. Teng

    Seller's Agent in 2020

    Yvette Y.l. Teng

    Everhome

    (510) 766-3288

    11 in this area

    141 Total Sales

    Yvette Y.l. Teng
    Section Image
  • Nicole Causey

    Seller Co-Listing Agent in 2020

    Nicole Causey

    (510) 673-4169

    56 in this area

    234 Total Sales

    Nicole Causey
    Section Image
  • Oby Ali

    Buyer's Agent in 2020

    Oby Ali

    Golden Gate Sotheby's Int'l Re

    (415) 608-1859

    63 Total Sales

    Oby Ali
    Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40914505

Bay East Association of REALTORS®

APN: 092-0052-008-00

California Alameda County Newark 94560

37037 Olive St, Newark, CA

This home is located at 37037 Olive St, Newark, CA 94560 since 30 July 2020 and is currently estimated at $1,499,994, approximately $535 per square foot. This property was built in 1940. 37037 Olive St is a home located in Alameda County with nearby schools including Birch Grove Intermediate School, Newark Junior High School, and Newark Memorial High School.

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