NOT LISTED FOR SALE

37250 Oak St Newark, CA 94560

Estimated Value: $1,074,000 - $1,417,000

6 Beds
3 Baths
2,250 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $945,000 $420 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,507/month

287 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Garage
  • 3-minute walk to Jerry Raber Ash Street Park
  • No HOA

About This Home

As of February 2021

Great opportunity for an investor or owner occupied in one unit. Triplex apartment building, contains three (3), two bedroom/ one bath units renting at $1850 with long term tenants. With easy access to highways 880, 580, 680, and Dumbarton Corridor, Newark is an ideal location. Do Not Disturb Tenants. AS-IS Sale.

Last Agent to Sell the Property

Nicole Souza

Keller Williams Merced License #02040345 Listed on: 02/26/2020

Keller Williams Merced

Last Buyer's Agent

Nicole Souza

Keller Williams Merced License #02040345 Listed on: 02/26/2020

Keller Williams Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Free-Standing Electric Range

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • Assessor Parcel Number 92-131-8

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,219
  • Operating Expense $12,788
  • Net Operating Income $52,479

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1970
  • Architectural Style: Traditional
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rent Control,CC&Rs,Transfer Disclosure Statement,See Remarks
  • Foundation: Slab
  • Listing Price: 1100000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage
  • Total Parking Spaces: 6

Utilities

  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Multifamily
  • Lot Size Acres: 0.1720
  • Lot Size Sq Ft: 7492

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection
  • Total # Leasable: 3

Multi Family

  • Operating Expense: 12788
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1219
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 92-131-8
  • Bonds/Assessments/Taxes Description: Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jan 26, 2021
Sold by
Weiher Todd
Bought by
Weiher Deawn Bernardo
Seller's Agent
Nicole Souza
Keller Williams Merced
Buyer's Agent
Nicole Souza
Keller Williams Merced
List Price
$999,900
Sold Price
$945,000
Premium/Discount to List
-$54,900
-5.49%
Current Estimated Value
$1,202,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,901
Avg. Annual Appreciation
4.96%
Original Mortgage
$756,000
Outstanding Balance
$675,808
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$527,093

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jan 25, 2021
Sold by
Weiher Deawn Bernardo
Bought by
Pu Yishan
Seller's Agent
Nicole Souza
Keller Williams Merced
Buyer's Agent
Nicole Souza
Keller Williams Merced
List Price
$999,900
Sold Price
$945,000
Premium/Discount to List
-$54,900
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Outstanding Balance
$675,808
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$527,093

Purchase Details

Closed on
Jul 26, 2016
Sold by
Weiher Deawn Bernardo and Godfrey Raelean Bernardo
Bought by
Weiher Deawn Bernardo

Purchase Details

Closed on
Jan 27, 1999
Sold by
Bernardo Leroy J and Bernardo Priscilla D
Bought by
Bernardo Leroy Joseph and Bernardo Priscilla Diane
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
Weiher Deawn Bernardo -- First American Title Company
Pu Yishan $945,000 First American Title Company
Weiher Deawn Bernardo -- None Available
Weiher Deawn Bernardo -- None Available
Bernardo Leroy Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiher Deawn Bernardo $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $945,000 -14.1% $420 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $1,100,000 +10.0% $489 / Sq Ft
10/30/2020 10/30/20 For Sale $999,900 0.0% $444 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $999,900 -14.9% $444 / Sq Ft
04/15/2020 04/15/20 Price Changed $1,175,000 -6.0% $522 / Sq Ft
04/06/2020 04/06/20 For Sale $1,250,000 +32.3% $556 / Sq Ft
03/31/2020 03/31/20 Off Market $945,000 -- --
02/26/2020 02/26/20 For Sale $1,250,000 -- $556 / Sq Ft
Source: MetroList

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 $13,471 $1,022,886 $378,847 $644,039
2024 $13,471 $1,002,834 $371,420 $631,414
2023 $13,076 $983,178 $364,140 $619,038
2022 $12,872 $963,900 $357,000 $606,900
2021 $2,771 $95,586 $34,882 $60,704
2020 $2,462 $94,606 $34,524 $60,082
2019 $2,442 $92,751 $33,847 $58,904
2018 $2,387 $90,933 $33,184 $57,749
2017 $2,324 $89,150 $32,533 $56,617
2016 $7,865 $559,186 $207,106 $352,080
2015 $2,254 $86,089 $31,416 $54,673
2014 $2,193 $84,403 $30,801 $53,602
Source: Public Records

Agents Affiliated with this Home

  • Nicole Souza

    Seller's Agent in 2021

    Nicole Souza

    Keller Williams Merced

    (209) 614-8996

    2 Total Sales

    Nicole Souza
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Map

Source: MetroList

MLS Number: 20011568

MetroList

APN: 092-0131-008-00

California Alameda County Newark 94560

37250 Oak St, Newark, CA

Not Listed for Sale

MultiFamily

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