NOT LISTED FOR SALE

37141 Locust St Newark, CA 94560

Estimated Value: $1,162,284 - $1,301,000

5 Beds
3 Baths
1,968 Sq Ft
$613/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,280,500 $651 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,152/month

24 Days on Market

Highlights

  • Stone Countertops
  • 2 Car Detached Garage
  • Family Room
  • No HOA
  • Cul-De-Sac
  • 5-minute walk to Jerry Raber Ash Street Park

About This Home

As of April 2024

Rare and Attractive Investment Property with large lot! Not only owners occupancy, also bringing your potential stable income from In-Law Unit. Front unit 3 bedrooms and 2 full baths, newly Updated kitchen with quartz counter top and new cabinet, new dishwasher, new cooking stove, new flooring and new paint. Rear In-Law unit (with permit) 2 bedrooms, and 1 full bath, and a family room, new windows, new LED light fixtures. 2 car garage and gated lengthy private driveway. Per California Law, buyer could apply for the conversion permit from In-law unit to ADU if meeting City requirements (Please check with City rules). Both units were rental income property for the seller, therefore buyers need to do full verification and diligent inspection before COE. “AS IS” sell! Welcome to visit the property during OPEN HOUSE on 3-9/3-10 Sat/Sun at 1:00-4:00 PM. You should not miss this great investment opportunity.

Last Agent to Sell the Property

James Liu

Realty Experts License #02031443 Listed on: 02/27/2024

Realty Experts

Last Buyer's Agent

Xinrui Huang

BQ Realty License #02230891

BQ Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Shingle
  • Stucco

Interior Spaces

  • 1-Story Property
  • Family Room
  • Dining Area
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association
  • Bay East Association
  • Newpark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 921356

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: NEWPARK
  • Directions: Wells to Locust
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Dining Area, Family Room, Stone Counters
  • Room Kitchen Features: 220 Volt Outlet, Counter - Stone, Electric Range/Cooktop, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Full, Wood
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Composition Shingles, Stucco
  • Exterior Features: Back Yard, Front Yard, Side Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Natural Gas Available, Master Electric Meter, Master Gas Meter
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Laundry Features: Hookups Only, Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 921356
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 13, 2024
Sold by
Wu Yali
Bought by
Shi Qiang
Seller's Agent
James Liu
Realty Experts
Buyer's Agent
Xinrui Huang
BQ Realty
List Price
$1,180,000
Sold Price
$1,280,500
Premium/Discount to List
$100,500
8.52%
Views
77
Current Estimated Value
$1,218,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,234
Avg. Annual Appreciation
-3.38%
Original Mortgage
$896,350
Outstanding Balance
$884,032
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$323,289

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 12, 2024
Sold by
Kumi And Taylor Lee Family Trust and Lee Taylor Tai-Ho
Bought by
Guo Shan Bao and Tsang Calvin Ka
Seller's Agent
James Liu
Realty Experts
Buyer's Agent
Xinrui Huang
BQ Realty
List Price
$1,180,000
Sold Price
$1,280,500
Premium/Discount to List
$100,500
8.52%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,350
Outstanding Balance
$884,032
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$323,289

Purchase Details

Closed on
Aug 2, 2016
Sold by
Okimura Lee Taylor Tai Ho and Okimura Lee Kumi Ann
Bought by
Okimura Lee Taylor Tai Ho and Okimura Lee Kumi Ann

Purchase Details

Closed on
Oct 26, 2015
Sold by
Lee Kumi Ann Okimura
Bought by
Lee Taylor Tai Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2015
Sold by
Prado Marlene
Bought by
Lee Taylor Tai Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Prado Marlene and Prado Jaime
Bought by
Prado Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,625
Interest Rate
7.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 1999
Sold by
Prado Celo
Bought by
Prado Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,150
Interest Rate
6.86%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Prado Ana Marlene
Bought by
Prado Ana Marlene and Prado Jaime

Purchase Details

Closed on
Feb 6, 1997
Sold by
Prado Jaime and Prado Cela
Bought by
Prado Ana Marlene

Purchase Details

Closed on
Jun 7, 1996
Sold by
Gonzalez Arturo V and Gonzalez Maria J
Bought by
Prado Jaime and Prado Ana Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shi Qiang -- Wfg National Title Insurance C
Tsang Calvin Ka -- Wfg National Title Insurance C
Guo Shan Bao $1,280,500 Wfg National Title Insurance C
Okimura Lee Taylor Tai Ho -- None Available
Okimura Lee Taylor Tai Ho -- None Available
Lee Taylor Tai Ho -- First American Title Company
Lee Taylor Tai Ho $650,000 First American Title Company
Prado Marlene $138,000 First American Title Guarant
Prado Jaime -- First American Title Guarant
Prado Jaime -- North American Title Co
Prado Ana Marlene -- --
Prado Ana Marlene -- --
Prado Jaime $215,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Shan Bao $896,350
Previous Owner Lee Taylor Tai Ho $450,000
Previous Owner Prado Marlene $344,625
Previous Owner Prado Jaime $200,150
Previous Owner Prado Jaime $204,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,280,500 -- --
04/19/2024 04/19/24 Sold $1,280,500 +8.5% $651 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,180,000 -- $600 / 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 $9,459 $1,306,110 $523,260 $782,850
2024 $9,459 $754,363 $278,534 $475,829
2023 $9,206 $739,576 $273,074 $466,502
2022 $9,094 $725,075 $267,720 $457,355
2021 $8,866 $710,859 $262,471 $448,388
2020 $8,760 $703,572 $259,780 $443,792
2019 $8,648 $689,780 $254,688 $435,092
2018 $8,523 $676,260 $249,696 $426,564
2017 $8,308 $663,000 $244,800 $418,200
2016 $8,228 $650,000 $240,000 $410,000
2015 $4,060 $302,293 $89,153 $213,140
2014 $3,946 $296,373 $87,407 $208,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41051052

Bay East Association of REALTORS®

APN: 092-0135-006-00