NOT LISTED FOR SALE

38178 Luma Terrace Newark, CA 94560

Birch Grove Neighborhood

Estimated Value: $1,391,000 - $1,568,000

4 Beds
3.5 Baths
2,234 Sq Ft
$668/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,240,000 $555 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,161/month

12 Days on Market

Highlights

  • Open to Family Room
  • Kitchen Island
  • Washer and Dryer
  • 2 Car Attached Garage
  • Forced Air Zoned Heating and Cooling System
  • Dining Area

About This Home

As of April 2021

Incredible, and stylish move-in ready 4 bedroom, 3.5 bath home in Timber Shade Community. Stunning open kitchen with granite countertops and island, built in microwave, gas stove and recessed lighting throughout the main floor. Expansive panoramic doors lead to a private deck. Luxurious master bedroom with recessed lighting, dual sinks, walk-in closet, and oversized shower. Fresh interior paint and carpeting throughout. Large attached two car side by side garage with access to a private fenced side yard. Dual zone central heat and AC, tankless water heater, wooden plantation shutters, and high 10' ceilings. Convenient location with easy access to Dumbarton Bridge, 880, restaurants, BART, Facebook, and Tesla.

Last Agent to Sell the Property

Hannah Tseng

JS Realty License #01916973 Listed on: 03/04/2021

Last Buyer's Agent

Farida Chapman

Compass License #01325077

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,004

Year Built

  • 2015

Lot Details

  • 1,725

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,234 Sq Ft Home
  • 3-Story Property
  • Dining Area

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 1,725 Sq Ft Lot
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, management fee, reserves

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,004

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 2234
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Island, Microwave, Oven Range
  • Living Sq Ft: 2234
  • Stories: 3
  • Laundry: Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 186
  • Association Fees Include: Maintenance - Common Area, Management Fee, Reserves
  • HOA Exist: Yes

Schools

  • School District: Newark Unified

Lot Info

  • Lot Acres: 0.0396
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1726.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1726.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 7, 2021
Sold by
Siu Jane S and The Tat Ming Siu Family Trust
Bought by
Trivedi Pramanshu and Sinha Pinky
Seller's Agent
Hannah Tseng
JS Realty
Buyer's Agent
Farida Chapman
Compass
List Price
$1,988,888
Sold Price
$1,240,000
Premium/Discount to List
-$748,888
-37.65%
Current Estimated Value
$1,492,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,548
Avg. Annual Appreciation
4.16%
Original Mortgage
$124,000
Outstanding Balance
$108,504
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$1,384,044

Purchase Details

Closed on
Sep 10, 2020
Sold by
Siu Jane S and Siu Jennifer Jane
Bought by
Siu Jane S and The Tat Ming Siu Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Sold by
Siu Tat Ming and Siu Jane S
Bought by
Siu Tat Ming and Siu Jane S

Purchase Details

Closed on
Dec 6, 2015
Sold by
Timber Street Llc
Bought by
Siu Tat Ming and Siu Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,180
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Trivedi Pramanshu $1,240,000 Chicago Title Company
Siu Jane S -- Chicago Title Company
Siu Jennifer Jane -- Chicago Title Company
Siu Jane S -- Chicago Title Company
Siu Tat Ming -- None Available
Siu Tat Ming $854,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trivedi Pramanshu $124,000
Open Trivedi Pramanshu $992,000
Previous Owner Siu Jennifer Jane $622,000
Previous Owner Siu Tat Ming $683,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $1,240,000 +3.4% $555 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/04/2021 03/04/21 Price Changed $1,198,888 -39.7% $537 / Sq Ft
03/04/2021 03/04/21 For Sale $1,988,888 -- $890 / Sq Ft
Source: MLSListings

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 $16,004 $1,342,200 $402,660 $939,540
2024 $16,004 $1,315,887 $394,766 $921,121
2023 $15,595 $1,290,095 $387,028 $903,067
2022 $15,431 $1,264,800 $379,440 $885,360
2021 $11,426 $926,850 $280,188 $653,662
2020 $11,318 $924,278 $277,316 $646,962
2019 $11,153 $906,158 $271,879 $634,279
2018 $10,991 $888,397 $266,550 $621,847
2017 $10,714 $870,978 $261,324 $609,654
2016 $10,607 $853,900 $256,200 $597,700
2015 $1,433 $112,953 $112,953 $0
Source: Public Records

Agents Affiliated with this Home

  • Hannah Tseng

    Seller's Agent in 2021

    Hannah Tseng

    JS Realty

    (562) 841-3850

    1 in this area

    9 Total Sales

    Hannah Tseng
    Section Image
  • Farida Chapman

    Buyer's Agent in 2021

    Farida Chapman

    Compass

    (925) 784-2524

    1 in this area

    71 Total Sales

    Farida Chapman
    Section Image
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Map

Source: MLSListings

MLS Number: ML81832457

MLSListings

APN: 092A-2599-048-00

California Alameda County Newark 94560 Birch Grove

38178 Luma Terrace, Newark, CA

This home is located at 38178 Luma Terrace, Newark, CA 94560 since 04 March 2021 and is currently estimated at $1,492,548, approximately $668 per square foot. This property was built in 2015. 38178 Luma Terrace is a home located in Alameda County with nearby schools including Birch Grove Primary School, Newark Junior High School, and Newark Memorial High School.

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