NOT LISTED FOR SALE

37340 Locust St Newark, CA 94560

Estimated Value: $890,000 - $1,024,000

2 Beds
1 Bath
1,236 Sq Ft
$778/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $900,000 $728 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,957/month

97 Days on Market

Highlights

  • RV or Boat Parking
  • Home Office
  • 1 Car Garage
  • No HOA
  • Breakfast Area or Nook
  • 4-minute walk to Jerry Raber Ash Street Park

About This Home

As of September 2023

Great starter home or multi-family development opportunity! 1 mile to Facebook(Meta) East, 8 miles to Facebook(Meta) West, and 5.7 miles to Tesla Motors. This adorable 1940’s bungalow in Old Town Newark. This charming 2 bedroom, with bonus room (possible 3rd bedroom), 1 bath home is situated on an 1/8 of an acre lot, and located at the end of a quiet and peaceful cul-de-sac. This meticulously maintained home offers 885 sq ft of living space downstairs, and an additional 351 sq ft bonus room upstairs, for a total of 1,236 of flexible living space. tures, and brand new American Vision double paned windows with privacy glass throughout. Be sure not to miss the park like back yard which only compliments the oversized 7,500 sq ft lot. Back yard features include numerous fruit trees, garden area, and shop equipped with 110v, 220v power and gas. Additional home features include attached garage with laundry area and double door, drive through access to back yard, and shop ready for you! This cozy bungalow makes a perfect starter home or multi-family development opportunity with Newark's allowable uses!

Last Agent to Sell the Property

Jennifer Van Wegen

California Outdoor Properties License #01947833 Listed on: 05/13/2023

Last Buyer's Agent

Jennifer Nolte

Petrocelli Homes Realty Grp License #01918929

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 7,500 Sq Ft Lot
  • Garden
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Off-Street Parking
  • RV or Boat Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Home Office
  • Vinyl Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Bay East Association
  • Central Newark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9214722

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1945
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.172
  • Subdivision Name: CENTRAL NEWARK
  • Directions: Central>Filbert>Locust St
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • Efficiency: Windows
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Gas Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Accessibility Features: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Office, Workshop, Breakfast Nook, Tile Counters, Eat-in Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: 220 Volt Outlet, Breakfast Nook, Counter - Tile, Eat In Kitchen, Gas Range/Cooktop, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Back Yard
  • Lot Features: Premium Lot, Front Yard
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Backyard, Garden, Back Yard, Front Yard, Sprinklers Automatic, Storage
  • Other Structures: Shed(s)
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Detached, Garage, Off Street, Parking Spaces, RV/Boat Parking, Workshop in Garage, Guest
  • Total Parking Spaces: 4

Utilities

  • Heating: Other
  • Utilities: All Public Utilities
  • Cooling: Other
  • Laundry Features: Dryer, Washer
  • Security: Carbon Monoxide Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Private Sewer, Public Sewer

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Newark (510) 794-2141

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 9214722
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Sep 6, 2023
Sold by
Raber Janel Jerrene
Bought by
Landon Marcus F and Landon Jay Stephanie
Seller's Agent
Jennifer Van Wegen
California Outdoor Properties
Buyer's Agent
Jennifer Nolte
Petrocelli Homes Realty Grp
List Price
$935,000
Sold Price
$900,000
Premium/Discount to List
-$35,000
-3.74%
Views
96
Current Estimated Value
$960,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,992
Avg. Annual Appreciation
2.88%
Original Mortgage
$732,600
Outstanding Balance
$716,621
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$244,371

Purchase Details

Closed on
Aug 10, 2018
Sold by
Raber Janel Jerrene and Raber Willard E
Bought by
Raber Janel Jerrene

Purchase Details

Closed on
May 15, 2006
Sold by
Raber Willard E and Raber Barbara Jerrene
Bought by
Raber Willard E and Raber Barbara Jerrene
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
Landon Marcus F $900,000 Chicago Title
Raber Janel Jerrene -- None Available
Raber Willard E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landon Marcus F $732,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $900,000 -- --
09/08/2023 09/08/23 Sold $900,000 -3.7% $728 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $935,000 0.0% $756 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $935,000 -- $756 / 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 $11,058 $911,000 $367,200 $550,800
2024 $11,058 $893,000 $360,000 $540,000
2023 $1,238 $52,786 $27,100 $25,686
2022 $1,190 $44,752 $26,569 $25,183
2021 $1,166 $43,737 $26,048 $24,689
2020 $1,061 $50,217 $25,781 $24,436
2019 $1,051 $49,233 $25,276 $23,957
2018 $1,027 $48,267 $24,780 $23,487
2017 $999 $47,321 $24,294 $23,027
2016 $968 $46,393 $23,818 $22,575
2015 $963 $45,696 $23,460 $22,236
2014 $928 $44,801 $23,001 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41027234

Bay East Association of REALTORS®

APN: 092-0147-022-00