NOT LISTED FOR SALE

5028 Double Point Way Discovery Bay, CA 94505

Estimated Value: $964,562 - $1,143,000

3 Beds
2.5 Baths
2,445 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $950,000 $389 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,511/month

107 Days on Market

Highlights

  • Docks
  • Solar Power System
  • Waterfront
  • Discovery Bay Elementary School Rated A-
  • Updated Kitchen
  • Premium Lot

About This Home

As of September 2023

New price. Beautiful remodeled deep water home. Main living is on top floor. Three bedrooms downstairs plus bonus extra bedroom upstairs. Owned (50) panel solar system,oversized driveway with plenty of parking, two decks, new floors, and remodeled kitchen/bathrooms. Upstairs includes gorgeous chefs kitchen with Thermador stove and wine fridge, wet bar, bonus/guest bedroom, half bath, and top floor deck with views. Downstairs includes master, two additional bedrooms, office, and stunning remodeled bathrooms. Ceiling fans throughout home and bottom deck. Plantation shutters throughout. Double gated side yards, front patio includes small building for a playhouse/storage. Newly stained deck with southern exposure, get the sunsets without direct sun. U-Dock with room for expansion. Home was previously used for short term vacation rentals with rental income. 15 minutes to fast water and walking distance to DB shopping center and DB elementary.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,844

Year Built

  • Built in 1980

Lot Details

  • 7,200 Sq Ft Lot
  • Waterfront
  • Dog Run
  • Fenced
  • Landscaped
  • Premium Lot
  • Sprinklers on Timer
  • Front and Side Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2,445 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Docks
  • Terrace
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Internet Available

Community Details

  • No Home Owners Association
  • Delta Association
  • Delta Waterfront Access Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,844

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Fencing: Fenced
  • Lot Features: Premium Lot, Front Yard
  • LotSizeAcres: 0.17
  • Has HOA?: No
  • Co List Office Mls Id: DDRAH
  • Special Conditions: Standard
  • Subdivision Name: DELTA WATERFRONT ACCESS
  • Directions: DB Blvd to Riverlake to Double Pt
  • Architectural Style: Traditional
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 2445
  • Is New Construction?: No
  • Year Built: 1980
  • Power Production Type: Photovoltaics
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Plumbed For Ice Maker, Microwave, Free-Standing Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Dining Area, Family Room, Office, Breakfast Bar, Counter - Solid Surface, Updated Kitchen, Wet Bar
  • Total Bedrooms: 9
  • Stories: 2
  • Window Features: Window Coverings
  • RoomKitchenFeatures: Breakfast Bar, Counter - Solid Surface, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Ice Maker Hookup, Microwave, Range/Oven Free Standing, Updated Kitchen, Wet Bar

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Waterfront?: Yes
  • Construction Type: Stucco
  • Exterior Features: Dock, Dog Run, Front Yard, Side Yard, Sprinklers Automatic, Storage, Terraced Back, Landscape Front
  • Property Condition: Existing

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Has Attached Garage?: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: 220 Volt Outlet
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Internet Available, Individual Electric Meter, Individual Gas Meter
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: DELTA

Lot Info

  • Lot Size Sq Ft: 7200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 31, 2023
Sold by
Schuster Stephen W
Bought by
Arambel Justin
List Price
$1,175,000
Sold Price
$950,000
Premium/Discount to List
-$225,000
-19.15%
Views
205
Current Estimated Value
$1,053,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,141
Avg. Annual Appreciation
5.03%
Original Mortgage
$725,000
Outstanding Balance
$709,624
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$343,517

Purchase Details

Closed on
Jun 23, 2017
Sold by
Schuster Kim
Bought by
Schuster Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1999
Sold by
Fournier Janet S
Bought by
Jabs Michael W and Jabs Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Fournier Janet S
Bought by
Fournier Janet S
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
Arambel Justin $950,000 Fidelity National Title Compan
Schuster Stephen W -- Old Republic Title Company
Schuster Stephen W $762,000 Old Republic Title Company
Jabs Michael W $316,000 First American Title
Fournier Janet S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arambel Justin $725,000
Previous Owner Schuster Stephen W $511,000
Previous Owner Jabs Michael W $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $950,000 -19.1% $389 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,175,000 -- $481 / Sq Ft
Source: bridgeMLS

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 $11,844 $969,000 $489,600 $479,400
2024 $15,148 $950,000 $480,000 $470,000
2023 $15,148 $850,022 $334,654 $515,368
2022 $14,980 $833,356 $328,093 $505,263
2021 $14,736 $817,016 $321,660 $495,356
2019 $14,558 $792,784 $312,120 $480,664
2018 $14,175 $777,240 $306,000 $471,240
2017 $6,712 $490,891 $198,639 $292,252
2016 $6,761 $481,267 $194,745 $286,522
2015 $6,599 $474,039 $191,820 $282,219
2014 $6,473 $464,754 $188,063 $276,691
Source: Public Records

Map

Source: bridgeMLS

MLS Number: 41026460

bridgeMLS

APN: 004-132-010-2