NOT LISTED FOR SALE

37242 Oak St Newark, CA 94560

Estimated Value: $1,297,562 - $1,641,000

Studio
3 Baths
2,350 Sq Ft
$623/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $1,480,000 $630 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,247/month

11 Days on Market

About This Home

As of April 2022

All three units have 2 bedrooms and 1 bath and 1 car garage for each unit. Plenty of onsite extra parkings. Easy access to Dumbarton Bridge and I-880. All units are tenants occupied. Great for investors or owner to occupy one and to collect rents on the other two. Please do not disturb tenants. Offer subject to inspections.

Last Agent to Sell the Property

Monica Yeung

Just Global Inc. License #01225247 Listed on: 03/02/2022

Last Buyer's Agent

Jorge Martinez

REALTY EXPERTS License #01355766

REALTY EXPERTS

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 7,501

Parking

  • 3 Car Attached Garage

Home Design

  • 2,350 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 7,501 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $66,720

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $908
  • Maintenance Expense $200
  • Utility Expense $2,251
  • Operating Expense $20,859
  • Gross Income $64,718

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Parking

3

Listing Details

  • Zoning: multifamily
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2350
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Living Sq Ft: 2350

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 10
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.98
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 908
  • Expense Maintenance: 200
  • Expenses Total: 20859
  • Expenses Utility: 2251
  • Income Annual Gross: 64718.00
  • Income Annual Rental: 66720
  • Income Gross Scheduled: 66720
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 31, 2022
Sold by
Tai-Ho Lee Taylor
Bought by
Jauregui Juan Antonio Maci
Seller's Agent
Monica Yeung
Just Global Inc.
Buyer's Agent
Jorge Martinez
REALTY EXPERTS
List Price
$1,400,000
Sold Price
$1,480,000
Premium/Discount to List
$80,000
5.71%
Current Estimated Value
$1,465,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,859
Avg. Annual Appreciation
-0.26%
Original Mortgage
$1,110,000
Outstanding Balance
$1,031,123
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$434,018

Purchase Details

Closed on
Jan 29, 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
$417,900
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2014
Sold by
Rodrigues Farah C and Manuel Rodrigues Trust
Bought by
Lee Taylor Taiho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2013
Sold by
Rodrigues Manuel and Manuel Rodrigues Survivors Tru
Bought by
Rodrigues Farah C and Manuel Rodrigues Trust

Purchase Details

Closed on
Dec 29, 2010
Sold by
Rodrigues Manuel
Bought by
Rodrigues Manuel and Manuel Rodrigues Survivors Tru
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
Jauregui Juan Antonio Maci $1,480,000 Chicago Title
Lee Taylor Tai Ho -- Pacific Coast Title Company
Lee Taylor Taiho $540,000 Chicago Title Company
Rodrigues Farah C -- None Available
Rodrigues Manuel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jauregui Juan Antonio Maci $1,110,000
Previous Owner Lee Taylor Tai Ho $417,900
Previous Owner Lee Taylor Taiho $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $1,480,000 +5.7% $630 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $1,400,000 -- $596 / Sq Ft
Source: MLSListings

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 $19,665 $1,570,575 $471,172 $1,099,403
2024 $19,665 $1,539,791 $461,937 $1,077,854
2023 $19,122 $1,509,600 $452,880 $1,056,720
2022 $8,920 $623,764 $288,780 $334,984
2021 $8,727 $611,539 $283,120 $328,419
2020 $8,415 $605,269 $280,217 $325,052
2019 $8,305 $593,406 $274,725 $318,681
2018 $8,170 $581,774 $269,340 $312,434
2017 $7,961 $570,369 $264,060 $306,309
2016 $7,865 $559,185 $258,882 $300,303
2015 $7,834 $550,789 $254,995 $295,794
2014 $3,506 $194,468 $115,485 $78,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81880589

MLSListings

APN: 092-0131-002-03

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