NOT LISTED FOR SALE

37501 Cherry St Newark, CA 94560

Estimated Value: $1,071,000 - $2,458,000

0.38 Acre
$4,643,421 Price per Acre
16,553 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $1,075,000 $65 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,806/month

67 Days on Market

About This Lot

As of November 2021

4 Single Family Approved Homes plans range from 1631 to 1844 s/f-Great project for a small to medium size builder. Location sits mins away form 84 and 20 mins away from Facebook. SV is about 30 mins away. Newark is great city to build and if project is mange right it will have a good ROI.

Last Agent to Sell the Property

Imran Nasir

Kw Advisors License #01426745 Listed on: 08/02/2021

Kw Advisors

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Property Type

  • Land

Lot Details

  • 0.38

Additional Features

  • 0.38 Acre Lot
  • Electricity To Lot Line

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 927542

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.38
  • Subdivision Name: NEWARK
  • Directions: 880 Throton-Cherry
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Level

Utilities

  • Utilities: Water/Sewer See Remarks, Electricity Connected, Sewer On Site
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Zoning: r
  • Lot Size Sq Ft: 16574
  • Parcel Number: 927542
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 27, 2021
Sold by
Fahmy Sarwat Sabet and Fahmy Colette Jane
Bought by
Ssvggp Ventures Llc
Seller's Agent
Imran Nasir
Kw Advisors
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Current Estimated Value
$1,764,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,500
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Costa Robert B
Bought by
Fahmy Sarwat Sabet and Fahmy Colette Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,258,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2001
Sold by
Parker Gay
Bought by
Costa Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Ssvggp Ventures Llc $1,075,000 Wfg National Title Ins Co
Fahmy Sarwat Sabet $405,000 Fidelity National Title Co
Costa Robert B $220,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahmy Sarwat Sabet $1,258,000
Previous Owner Costa Robert B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,075,000 -- --
11/02/2021 11/02/21 Sold $1,075,000 -6.5% $65 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,150,000 -- $69 / 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 $6,953 $610,190 $610,190 --
2024 $6,953 $598,230 $598,230 --
2023 $6,787 $586,500 $586,500 $0
2022 $6,731 $575,000 $575,000 $0
2021 $2,861 $243,483 $243,483 $0
2020 $2,860 $240,987 $240,987 $0
2019 $2,970 $236,263 $236,263 $0
2018 $2,779 $231,632 $231,632 $0
2017 $2,710 $227,091 $227,091 $0
2016 $2,680 $222,638 $222,638 $0
2015 $2,671 $219,295 $219,295 $0
2014 $2,603 $215,000 $215,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Imran Nasir

    Seller's Agent in 2021

    Imran Nasir

    Kw Advisors

    (510) 461-0171

    2 in this area

    46 Total Sales

    Imran Nasir
    Section Image

  • O

    Buyer's Agent in 2021

    Out Of Area Non Member

    Bay East Aor

See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40961407

Bay East Association of REALTORS®

APN: 092-0075-004-02

California Alameda County Newark 94560

37501 Cherry St, Newark, CA

Not Listed for Sale

Lots

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