37053 Cherry St Newark, CA 94560
Estimated Value: $7,337,110
Studio
--
Bath
22,204
Sq Ft
$330/Sq Ft
Est. Value
About This Home
This home is located at 37053 Cherry St, Newark, CA 94560 and is currently estimated at $7,337,110, approximately $330 per square foot. 37053 Cherry 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2008
Sold by
Otoole Thomas P and The John E Pessin 2006 Living
Bought by
Jupiter Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$955,394
Interest Rate
5.99%
Mortgage Type
Commercial
Estimated Equity
$6,381,716
Purchase Details
Closed on
Jul 25, 2006
Sold by
Pessin John
Bought by
Pessin John E and John E Pessing 2006 Living Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 18, 2006
Sold by
Cherry Street Plaza Llc
Bought by
Pessin John E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 2003
Sold by
Gaines Floyd and Gaines Arvilla
Bought by
Cherry Street Plaza Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2000
Sold by
Strickler Family Cherry Plaza Llc
Bought by
Gaines Floyd and Gaines Arvilla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
7.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2000
Sold by
Strickler Family Partnership
Bought by
Strickler Family Cherry Plaza Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jupiter Investments Llc | $3,170,000 | California Land Title Of Mar | |
| Pessin John E | -- | None Available | |
| Pessin John E | -- | First American Title Ins Co | |
| Cherry Street Plaza Llc | -- | Chicago Title Company | |
| Gaines Floyd | $1,325,000 | Old Republic Title Company | |
| Strickler Family Cherry Plaza Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jupiter Investments Llc | $1,500,000 | |
| Previous Owner | Pessin John E | $1,900,000 | |
| Previous Owner | Cherry Street Plaza Llc | $1,100,000 | |
| Previous Owner | Gaines Floyd | $950,000 |
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 | $48,140 | $4,081,913 | $1,828,491 | $2,253,422 |
| 2024 | $47,372 | $4,001,902 | $1,792,650 | $2,209,252 |
| 2023 | $46,221 | $3,923,445 | $1,757,505 | $2,165,940 |
| 2022 | $45,806 | $3,846,541 | $1,723,056 | $2,123,485 |
| 2021 | $44,635 | $3,771,126 | $1,689,274 | $2,081,852 |
| 2020 | $44,513 | $3,732,484 | $1,671,964 | $2,060,520 |
| 2019 | $44,226 | $3,659,321 | $1,639,191 | $2,020,130 |
| 2018 | $44,241 | $3,587,583 | $1,607,056 | $1,980,527 |
| 2017 | $42,590 | $3,517,241 | $1,575,546 | $1,941,695 |
| 2016 | $41,941 | $3,448,293 | $1,544,661 | $1,903,632 |
| 2015 | $40,034 | $3,250,000 | $1,350,000 | $1,900,000 |
| 2014 | $37,985 | $3,100,000 | $1,250,000 | $1,850,000 |
Source: Public Records
Map
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