Seller's Agent in 2022
Joe Rosa
Compass
(510) 552-0026
3 in this area
75 Total Sales
37088 Spruce St Newark, CA 94560
Estimated Value: $2,043,000 - $2,442,000
9
Beds
5
Baths
3,926
Sq Ft
$584/Sq Ft
Est. Value
Highlights
- 22 Acre Lot
- Garage
- Carpet
- No HOA
- Fenced
- Wall Furnace
About This Home
As of March 2022What a great opportunity to own this spacious 4 plex and the 6,250 sqft. lot behind the property that is zone for multi units. This 4 plex has one unit with 3 bedroom and 2 baths, the other units are 2 bedroom and 1 bath. This 4 plex has always been very well maintained and kept up to date. All units are occupied. Close to schools, parks and shopping. Easy access to Highway 84, 880, 680 and Dumbarton Bridge. A short drive to Facebook and Amazon. This 4 plex generates over $105,000 per year in income. Don't miss out on this opportunity
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 22 Acre Lot
- Fenced
Home Design
- Quadruplex
- Stucco
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Parking
- Garage
- Parking Lot
Utilities
- Wall Furnace
Community Details
- No Home Owners Association
- 3,926 Sq Ft Building
- Bay East Association
Listing and Financial Details
- Assessor Parcel Number 92124151
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2021
Closed on
Feb 23, 2022
Sold by
Sierra Family Trust
Bought by
Manwani Girish and Manwani Madhu
Seller's Agent
Joe Rosa
Compass
Buyer's Agent
Bela Shah
Bela Realty & Inv
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,000
Avg. Annual Appreciation
-0.10%
Original Mortgage
$1,725,000
Outstanding Balance
$1,601,793
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$689,207
Purchase Details
Closed on
Jun 3, 2021
Sold by
Martinez Sierra Concepcion
Bought by
Sierra Joseph E
Purchase Details
Closed on
Jun 22, 2007
Sold by
Sierra Tomas and Sierra Concepcion
Bought by
Sierra Tomas and Sierra Concepcion
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manwani Girish | $2,300,000 | First American Title | |
| Sierra Joseph E | -- | -- | |
| Sierra Tomas | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manwani Girish | $1,725,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $2,300,000 | -- | -- |
| 03/01/2022 03/01/22 | Sold | $2,300,000 | -4.2% | $586 / Sq Ft |
| 01/04/2022 01/04/22 | Pending | -- | -- | -- |
| 12/30/2021 12/30/21 | Price Changed | $2,400,000 | -4.0% | $611 / Sq Ft |
| 07/02/2021 07/02/21 | For Sale | $2,500,000 | -- | $637 / Sq Ft |
Source: Bay East Association of REALTORS®
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 | $24,115 | $1,910,160 | $636,720 | $1,273,440 |
| 2024 | $24,115 | $1,872,720 | $624,240 | $1,248,480 |
| 2023 | $23,441 | $1,836,000 | $612,000 | $1,224,000 |
| 2022 | $4,112 | $164,036 | $58,683 | $105,353 |
| 2021 | $4,056 | $160,821 | $57,533 | $103,288 |
| 2020 | $3,643 | $159,172 | $56,943 | $102,229 |
| 2019 | $3,611 | $156,052 | $55,827 | $100,225 |
| 2018 | $3,533 | $152,992 | $54,732 | $98,260 |
| 2017 | $3,439 | $149,992 | $53,659 | $96,333 |
| 2016 | $3,365 | $147,051 | $52,607 | $94,444 |
| 2015 | $3,346 | $144,843 | $51,817 | $93,026 |
| 2014 | $3,255 | $142,006 | $50,802 | $91,204 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Rosa
-
Bela Shah
B
Buyer's Agent in 2022
Bela Shah
Bela Realty & Inv
(510) 490-9939
1 in this area
31 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 40957058
APN: 092-0124-015-01
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