NOT LISTED FOR SALE

37053 Cherry St Newark, CA 94560

Estimated Value: $7,247,439

Studio
-- Bath
22,204 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 37053 Cherry St, Newark, CA 94560 and is currently estimated at $7,247,439, approximately $326 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
$7,247,439

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
$6,292,045

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

California Alameda County Newark 94560

37053 Cherry St, Newark, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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