NOT LISTED FOR SALE

37228 Walnut St Newark, CA 94560

Newark Area
-- Bed
-- Bath
5,614 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: March 8, 2024

Last sale price $1,500,000 $267 Per Sq Ft

16 Days on Market

Highlights

  • 0.34 Acre Lot
  • 6 Car Garage
  • Heating Available
  • No HOA

About This Home

As of March 2024

Amazing investment opportunity. 6 units. 15,000 Square foot lot. Lots of room for parking. Carports in back. Property being sold AS-IS. Some units need updating. Water does not have separate meters. One unit is vacant and able to be shown. Must be accompanied to the property by your agent.

Last Agent to Sell the Property

Solomon Mackey

License #01996480 Listed on: 12/01/2023

Co-Listed By

Tony Mendoza

License #00832970

Last Buyer's Agent

Ismael Benhamida

Compass License #01722847

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.34

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Parking

  • 6 Car Garage
  • Carport
  • No Garage

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Linoleum Flooring
  • 15,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 5,614 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 92135175

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.34 Acres

Listing Details

  • Year Built: 1964
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: STMZ01
  • Directions: Wells Avenue/Walnut Street
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Linoleum
  • Basement: None

Exterior Features

  • Roof: Shingle, Composition
  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carports - 2 Or More, No Garage
  • Total Parking Spaces: 6

Utilities

  • Heating: Other
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 15000
  • Parcel Number: 92135175
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 444304

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 4, 2024
Sold by
Bought by
Seller's Agent
Solomon Mackey
Buyer's Agent
Ismael Benhamida
Compass
List Price
$1,985,000
Sold Price
$1,500,000
Premium/Discount to List
-$485,000
-24.43%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Outstanding Balance
$906,464
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Bought by

Purchase Details

Closed on
May 16, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, CA

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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
$1,500,000 First American Title
-- None Available
-- Trgc
-- None Available
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 $930,000
Previous Owner $500,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,500,000 -- --
03/08/2024 03/08/24 Sold $1,500,000 -24.4% $267 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $1,985,000 -- $354 / Sq Ft
Source: Bay East Association of REALTORS®

Tax 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.

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
2026 $28,458 $2,177,557 $593,028 $1,584,529
2025 $28,458 $2,134,860 $581,400 $1,553,460
2024 $5,965 $188,295 $69,311 $118,984
2023 $5,654 $184,603 $67,952 $116,651
2022 $5,414 $180,984 $66,620 $114,364
2021 $5,350 $177,434 $65,313 $112,121
2020 $4,757 $177,893 $64,644 $113,249
2019 $4,709 $173,434 $63,377 $110,057
2018 $4,602 $170,058 $62,134 $107,924
2017 $4,474 $166,268 $60,916 $105,352
2016 $4,374 $163,023 $59,721 $103,302
2015 $4,348 $160,586 $58,824 $101,762
2014 $4,229 $157,456 $57,672 $99,784
Source: Public Records

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41045309

Bay East Association of REALTORS®
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