NOT LISTED FOR SALE

38232 Luma Terrace Newark, CA 94560

Birch Grove Neighborhood

Estimated Value: $1,302,000 - $1,530,000

4 Beds
3 Baths
2,115 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $1,195,000 $565 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,974/month

40 Days on Market

Highlights

  • 2 Car Attached Garage
  • Zoned Heating and Cooling
  • Dining Area

About This Home

As of July 2021

You'll love this Contemporary home located in the highly sought after Timber Community! This home features a first floor bedroom with walk in closet and full bath. Second level features gorgeous hardwood floors and an open concept living room, dining area and kitchen which are perfect for entertaining. You'll delight at the modern gourmet kitchen with tons of cabinet space, granite counter tops, stainless steel appliances, and an island with breakfast bar. Recessed lighting throughout. Bedrooms two and three share a Jack and Jill bath. Spacious master bedroom has a walk in closet and elegant full bath. Top floor laundry area which includes a washer and dryer. Two private patios. Great location for the commuter with all public amenities close by. Don't miss this great opportunity!

Last Agent to Sell the Property

Jing Zhao

Sunrise Investment International License #01900067 Listed on: 05/18/2021

Sunrise Investment International

Last Buyer's Agent

Gagan Singh

Redfin License #01405437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,085

Year Built

  • 2015

Lot Details

  • 1,965

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,115 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1,965 Sq Ft Lot
  • Zoned Heating and Cooling

Community Details

  • Association fees include maintenance - common area
  • Shade At Timber HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,085

Year Built

2015

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 2115
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2115
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 185
  • Association Fees Include: Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Shade at Timber HOA

Schools

  • School District: Newark Unified

Lot Info

  • Lot Acres: 0.0451
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1964.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1964.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Jain Vikas Mewaram and Loomba Jyotsna Badridass
Bought by
Vikas Mewaram And Jyotsna Revocable Trust and Jain
Current Estimated Value
$1,438,225

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 10, 2021
Sold by
Hart James and Hart Jane
Bought by
Jain Vikas Mewaram and Loomba Jyotsna Badridass
Seller's Agent
Jing Zhao
Sunrise Investment International
Buyer's Agent
Gagan Singh
Redfin
List Price
$1,299,000
Sold Price
$1,195,000
Premium/Discount to List
-$104,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$895,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 11, 2020
Sold by
Ho Tsuo Ming and Chen Chin Yan
Bought by
Hart James and Hart Jane
Seller's Agent
Joanne Del Torre
Compass
Buyer's Agent
Jennifer Hu
Goodview Financial & Real Estate
List Price
$1,025,000
Sold Price
$1,040,000
Premium/Discount to List
$15,000
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$828,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017
Sold by
Jamili Jarrett and Jamili Rebecca
Bought by
Ho Tsuo Ming and Chen Chin Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2015
Sold by
Timber Street Llc
Bought by
Jamili Jarrett and Jamili Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,199
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vikas Mewaram And Jyotsna Revocable Trust -- None Listed On Document
Jain Vikas Mewaram $1,195,000 First American Title Sd
Hart James $1,040,000 Old Republic Title Company
Ho Tsuo Ming $865,000 Fidelity National Title Co
Jamili Jarrett $811,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Vikas Mewaram $895,000
Previous Owner Hart James $828,000
Previous Owner Ho Tsuo Ming $692,000
Previous Owner Jamili Jarrett $649,199
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Off Market $1,040,000 -- --
02/04/2025 02/04/25 Off Market $1,040,000 -- --
07/13/2021 07/13/21 Sold $1,195,000 -0.3% $565 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $1,199,000 -7.7% $567 / Sq Ft
05/18/2021 05/18/21 For Sale $1,299,000 +24.9% $614 / Sq Ft
02/14/2020 02/14/20 Sold $1,040,000 +1.5% $492 / Sq Ft View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $1,025,000 -- $485 / 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 $15,085 $1,268,133 $380,440 $887,693
2024 $15,085 $1,236,277 $372,983 $870,294
2023 $14,697 $1,218,900 $365,670 $853,230
2022 $14,539 $1,188,000 $358,500 $836,500
2021 $12,857 $1,050,774 $315,232 $735,542
2020 $11,326 $917,938 $275,912 $642,026
2019 $11,163 $899,946 $270,504 $629,442
2018 $11,002 $882,300 $265,200 $617,100
2017 $10,437 $840,347 $252,052 $588,295
2016 $10,342 $823,874 $247,111 $576,763
2015 $1,997 $128,528 $128,528 $0
Source: Public Records

Agents Affiliated with this Home

  • Jing Zhao

    Seller's Agent in 2021

    Jing Zhao

    Sunrise Investment International

    (858) 790-1188

    1 in this area

    102 Total Sales

    Jing Zhao
    Section Image
  • Joanne Del Torre

    Seller's Agent in 2020

    Joanne Del Torre

    Compass

    (510) 366-5933

    52 Total Sales

    Joanne Del Torre
    Section Image
  • Jennifer Hu

    Buyer's Agent in 2020

    Jennifer Hu

    Goodview Financial & Real Estate

    (619) 630-9698

    9 Total Sales

    Jennifer Hu
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81844493

MLSListings

APN: 092A-2599-066-00

California Alameda County Newark 94560 Birch Grove

38232 Luma Terrace, Newark, CA

This home is located at 38232 Luma Terrace, Newark, CA 94560 since 18 May 2021 and is currently estimated at $1,438,225, approximately $680 per square foot. This property was built in 2015. 38232 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes