NOT LISTED FOR SALE

Estimated Value: $1,219,000 - $1,319,596

4 Beds
3.5 Baths
1,902 Sq Ft
$240/mo HOA Fee

Last Sold April 28, 2021

Last sale price $1,150,000 $605 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,342/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Open to Family Room
  • Wood Flooring
  • Balcony
  • Walk-In Closet

About This Home

As of April 2021

This beautiful townhouse style condo is ready for you to move-in! Its located in a small, friendly community in a quiet neighborhood. Prime location within the complex, this home faces a beautiful grassy area with no houses right in front, making the balcony a very peaceful and relax place to be. The guest room is downstairs with full bath & walk-in closet. All others bedrooms are located on the 3rd floor. A large master bedroom offers a custom-made walk-in closet, double sink & stall shower in master bath. Upstairs laundry room. Large kitchen with stainless steel appliances, granite countertops and a large island, great for friends & families gathering. Wood flooring throughout 2nd floor and entrance. Side by side 2 car garage. Walking distance to groceries NewPark Mall, Farmers Market & childcare facilities. Easy access to HW 880/680, Bart Station, easy commute to Facebook and Amazon East Palo Alto Campus, Tesla Fremont office etc. Welcome to your new Home!

Last Agent to Sell the Property

Cristiane Eissmann

Keller Williams San Jose Gateway License #01975013 Listed on: 03/25/2021

Keller Williams San Jose Gateway

Last Buyer's Agent

Dare David

Dare David, Broker License #01773425

Dare David, Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,678

Year Built

  • 2015

Lot Details

  • 0.29

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,902 Sq Ft Home
  • 3-Story Property
  • Dining Area

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, management fee, roof
  • 84 Units
  • Cedar Lane Homeowner Association
  • The community has rules related to parking rules

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,678

Year Built

2015

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Zoning: RH
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Age: 6
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 84
  • Structure Sq Ft: 1902
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2015

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Exhaust Fan, Freezer, Hood Over Range, Island, Microwave, Oven - Self Cleaning, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1902
  • Stories: 3
  • Bedrooms: Walk-In Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Wood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Showers Over Tubs - 2+, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cedar Lane
  • HOA Fees: 240
  • HOA Amenities: Playground
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Management Fee, Roof
  • HOA Exist: Yes
  • H O A Name Text: Cedar Lane Homeowner Association

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Newark Unified

Green Features

  • Energy Features: Low Flow Toilet, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 23, 2021
Sold by
Gais Marcus
Bought by
Yusuf Lateef
Seller's Agent
Cristiane Eissmann
Keller Williams San Jose Gateway
Buyer's Agent
Dare David
Dare David, Broker
List Price
$999,950
Sold Price
$1,150,000
Premium/Discount to List
$150,050
15.01%
Current Estimated Value
$1,262,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,399
Avg. Annual Appreciation
1.67%
Original Mortgage
$750,000
Outstanding Balance
$685,897
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$549,352

Purchase Details

Closed on
Nov 16, 2016
Sold by
Gois Cristiane Eissman
Bought by
Gois Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,352
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Yusuf Lateef $1,150,000 First American Title Company
Gois Marcus -- None Available
Gois Marcus $783,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yusuf Lateef $750,000
Previous Owner Gois Marcus $626,352
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $1,150,000 +15.0% $605 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $999,950 -- $526 / 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 $14,678 $1,237,782 $373,434 $871,348
2024 $14,678 $1,213,380 $366,114 $854,266
2023 $14,301 $1,196,460 $358,938 $837,522
2022 $14,150 $1,166,000 $351,900 $821,100
2021 $10,291 $839,417 $251,857 $587,560
2020 $10,184 $830,812 $249,275 $581,537
2019 $10,037 $814,528 $244,389 $570,139
2018 $9,892 $798,558 $239,598 $558,960
2017 $9,634 $782,900 $234,900 $548,000
2016 $2,128 $175,994 $175,994 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81835806

MLSListings

APN: 901-0199-069-00