Kenneth Kremer
Kenneth A. Kremer, Broker
(341) 222-1658
47 Total Sales
1 in Newark
$1,100,000 Price
37451 Cherry St Newark, CA 94560
Newark AreaEstimated Value: $1,528,000 - $1,794,000
8
Beds
4
Baths
3,368
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Level Lot
- Wall Furnace
About This Home
As of July 2024Four units on large 9k+ lot, large two bedroom one bath units, all units clean and updated. Strong current rental income. Units downstairs have large private yards, unit upstairs have nice balconies. Long term owner who has taken care of building and has great tenants.
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Property Details
Home Type
- Multi-Family
Year Built
- 1966
Lot Details
- 9,322 Sq Ft Lot
- Level Lot
Home Design
- Quadruplex
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,368 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
- Vinyl
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Unassigned Parking
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $110,400
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,800
- Insurance Expense $4,000
- Maintenance Expense $2,000
- Utility Expense $1,800
- Operating Expense $31,093
- Gross Income $111,360
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
May 30, 2024
Closed on
Jul 5, 2024
Sold by
Ascension Trust and Troche Danita
Bought by
Seller's Agent
Scott Kilpatrick
Compass
Buyer's Agent
Chee Lee
Re/Max Accord
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,831
Avg. Annual Appreciation
-1.62%
Purchase Details
Closed on
Sep 8, 2023
Sold by
Troche Danita A
Bought by
Ascension Trust and Troche
Purchase Details
Closed on
Nov 15, 2011
Sold by
Troche Danita and Polvorosa Julian P
Bought by
Troche Danita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2007
Sold by
Polvorosa Julian and Polvorosa Isabel
Bought by
Polvorosa Julian P and Polvorosa Isabel G
Purchase Details
Closed on
Jan 23, 2007
Sold by
Troche Danita and Polvorosa Julian
Bought by
Troche Danita and Polvorosa Julian
Purchase Details
Closed on
Aug 2, 2001
Sold by
Epley Gerald G and Epley Jean E
Bought by
Troche Danita and Polvorosa Julian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.74%
Purchase Details
Closed on
Sep 23, 1998
Sold by
Epley Gerald G and Epley J E
Bought by
Epley Gerald G and Epley Jean E
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newark, CA
-
Kenneth Kremer
-
Kamala Venkatesan
Kamala Venkatesan
Keller Williams Thrive
(650) 405-1884
61 Total Sales
1 in Newark
$1,507,000 Price
-
Tony Xu
Tony Xu
BayOne Real Estate Investment Corporation
(510) 422-0898
43 Total Sales
1 in Newark
$1,800,000 Price
-
Denis Vorrises
Denis Vorrises
Realsmart Properties
(650) 653-8254
20 Total Sales
1 in Newark
$1,750,000 Price
-
Rene Perez
Rene Perez
CONTEXTRE
(707) 873-7840
44 Total Sales
1 in Newark
$1,810,000 Price
-
Steve Moniz
Steve Moniz
Premier Properties
(510) 983-7883
31 Total Sales
1 in Newark
$1,601,000 Price
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 |
|---|---|---|---|
| $1,725,000 | First American Title | ||
| Ascension Trust | -- | None Listed On Document | |
| Troche Danita | $210,000 | Chicago Title Company | |
| Polvorosa Julian P | -- | None Available | |
| Troche Danita | -- | None Available | |
| Troche Danita | $600,000 | American Title Co | |
| Epley Gerald G | -- | American Title Co |
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 |
|---|---|---|---|
| Previous Owner | $139,800 | ||
| Previous Owner | Troche Danita | $420,000 | |
| Previous Owner | Troche Danita | $420,000 | |
| Previous Owner | Troche Danita | $450,000 | |
| Previous Owner | Troche Danita | $412,000 |
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 |
|---|---|---|---|---|
| 07/11/2024 07/11/24 | Sold | $1,725,000 | -2.9% | $512 / Sq Ft |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | Price Changed | $1,777,000 | -3.9% | $528 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $1,850,000 | -- | $549 / Sq Ft |
Source: MLSListings
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 | $22,421 | $1,759,500 | $527,850 | $1,231,650 |
| 2025 | $11,607 | $1,725,000 | $517,500 | $1,207,500 |
| 2024 | $11,607 | $788,490 | $236,547 | $551,943 |
| 2023 | $11,233 | $773,033 | $231,910 | $541,123 |
| 2022 | $11,011 | $757,875 | $227,362 | $530,513 |
| 2021 | $10,776 | $743,018 | $222,905 | $520,113 |
| 2020 | $10,360 | $735,403 | $220,621 | $514,782 |
| 2019 | $10,226 | $720,987 | $216,296 | $504,691 |
| 2018 | $10,058 | $706,854 | $212,056 | $494,798 |
| 2017 | $9,799 | $692,998 | $207,899 | $485,099 |
| 2016 | $9,681 | $679,412 | $203,823 | $475,589 |
| 2015 | $9,642 | $669,210 | $200,763 | $468,447 |
| 2014 | $9,389 | $656,104 | $196,831 | $459,273 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Kilpatrick
Seller's Agent in 2024
Scott Kilpatrick
Compass
(650) 868-0738
21 Total Sales
-
Chee Lee
Buyer's Agent in 2024
Chee Lee
Re/Max Accord
(510) 453-1388
27 Total Sales
Map
Source: MLSListings
MLS Number: ML81967617
APN: 092-0075-002-06
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