NOT LISTED FOR SALE

5051 Silver Reef Dr Fremont, CA 94538

Sundale Neighborhood

Estimated Value: $1,443,000 - $1,613,000

4 Beds
2 Baths
1,333 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $1,225,000 $919 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,748/month

4 Days on Market

Highlights

  • Stone Countertops
  • No HOA
  • Tile Flooring
  • Joseph Azevada Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Quiet location>New paint throughout>New window blinds>>Dual pane windows>Spacious floorplan>Bright & airy>Hardwood flooring in whole house>New stall shower panel, fixtures and light fixture in master bath will be replaced & done before 1-24>New front & back lawn will be done before 1-18>

Last Agent to Sell the Property

Amy Cheok

Waynac Realty License #01189076 Listed on: 01/15/2021

Last Buyer's Agent

Carl Medford

Kw Advisors License #01320438

Kw Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,467

Year Built

  • Built in 1961

Lot Details

  • 5,662 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Built-In Range
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • 28 Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,467

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: 28 PALMS
  • Directions: COCO PALM >BLACOW > SILVER REEF
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Gas Range, Range, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Family Room, Stone Counters
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Stone, Gas Range/Cooktop, Range/Oven Built-in

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Sprinklers Automatic
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: 220 Volt Outlet, Gas Dryer Hookup, Hookups Only, In Garage
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5662
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Bingi Mahesh Ambadas and Katkam Rachana Balkrishna
Bought by
Mahesh And Rachana Revocable Trust and Bingi
Current Estimated Value
$1,555,489

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 16, 2021
Sold by
Fung Emily L and Wong Todd
Bought by
Bingi Mahesh Ambadas and Katkam Rachana Balkrishna
Seller's Agent
Amy Cheok
Waynac Realty
Buyer's Agent
Carl Medford
Kw Advisors
List Price
$1,150,000
Sold Price
$1,225,000
Premium/Discount to List
$75,000
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$920,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2008
Sold by
Martinez Frank J and Martinez Elizabeth A
Bought by
Fung Emily L and Wong Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1997
Sold by
Butts Paul N and Butts Jong H
Bought by
Martinez Frank J and Casillas Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
7.86%
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
Mahesh And Rachana Revocable Trust -- None Listed On Document
Bingi Mahesh Ambadas $1,225,000 Chicago Title Company
Fung Emily L $480,000 Chicago Title Company
Martinez Frank J $205,000 Nortwestern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bingi Mahesh Ambadas $920,000
Previous Owner Fung Emily L $384,000
Previous Owner Martinez Frank J $102,000
Previous Owner Martinez Frank J $100,000
Previous Owner Martinez Frank J $264,300
Previous Owner Martinez Frank J $225,000
Previous Owner Martinez Frank J $40,000
Previous Owner Martinez Frank J $30,000
Previous Owner Martinez Frank J $193,150
Previous Owner Martinez Frank J $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,225,000 -- --
02/18/2021 02/18/21 Sold $1,225,000 +6.5% $919 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,150,000 -- $863 / 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 $15,467 $1,318,963 $463,275 $862,688
2024 $15,467 $1,292,969 $454,193 $845,776
2023 $15,065 $1,274,489 $445,291 $829,198
2022 $14,888 $1,242,500 $436,560 $812,940
2021 $7,322 $582,445 $174,733 $407,712
2020 $7,316 $576,474 $172,942 $403,532
2019 $7,235 $565,175 $169,552 $395,623
2018 $7,093 $554,097 $166,229 $387,868
2017 $6,917 $543,234 $162,970 $380,264
2016 $6,796 $532,583 $159,775 $372,808
2015 $6,703 $524,587 $157,376 $367,211
2014 $6,586 $514,314 $154,294 $360,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40933889

Bay East Association of REALTORS®

APN: 531-0022-016-00