NOT LISTED FOR SALE

5494 Lafayette Ave Newark, CA 94560

Estimated Value: $1,007,000 - $1,201,379

3 Beds
2 Baths
1,144 Sq Ft
$985/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $930,000 $813 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,872/month

33 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Eat-In Kitchen
  • Marble Countertops
  • 2 Car Attached Garage
  • Double Pane Windows

About This Home

As of January 2023

Charming and updated single-story family home located in the heart of Newark. Newly landscaped front and back yards, freshly painted interior and exterior, updated kitchen with beautiful cabinetry and marble countertops, new appliances, remodeled guest bathroom, open floor plan with new carpet and recessed lights including dual pane windows throughout! Convenience to Silicon Valley and minutes away from restaurants, parks, library, Rosemont Square, Westlake Lido Fair Shopping center, and all major freeways. A must-see!

Last Agent to Sell the Property

Laxmi Penupothula

Redfin License #02047105 Listed on: 10/28/2022

Redfin

Last Buyer's Agent

Gagan Singh

Redfin License #01405437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,700

Year Built

  • Built in 1961

Lot Details

  • 5,998 Sq Ft Lot
  • Northwest Facing Home
  • Level Lot
  • Grass Covered Lot
  • Back Yard
  • Zoning described as RS-6000

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Utility Room
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Additional Features

  • Energy-Efficient Insulation
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 092A-0776-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,700

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 1144
  • Year Built: 1961
  • Zoning Description: RS-6000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 1144
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Utility Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Low Maintenance
  • Property Faces: Northwest

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 27017

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 092A-0776-082
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00
  • Soil: Clay

Green Features

  • Energy Features: Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Newark Unified
  • Elementary School Text: E. L. Musick Elementary
  • High School Text: Newark Memorial High
  • Middle School Text: Newark Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 27, 2022
Sold by
Cacal Alfredo G and Cacal Myrna A
Bought by
Prajapati Soham Harshadbhai and Prajapati Shreya
Seller's Agent
Laxmi Penupothula
Redfin
Buyer's Agent
Gagan Singh
Redfin
List Price
$988,800
Sold Price
$930,000
Premium/Discount to List
-$58,800
-5.95%
Views
80
Current Estimated Value
$1,126,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,595
Avg. Annual Appreciation
7.06%
Original Mortgage
$790,000
Outstanding Balance
$757,579
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$369,016
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
Prajapati Soham Harshadbhai $930,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prajapati Soham Harshadbhai $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $930,000 -2.1% $813 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $949,800 +5.6% $830 / Sq Ft
11/11/2022 11/11/22 Price Changed $899,800 -9.0% $787 / Sq Ft
10/28/2022 10/28/22 For Sale $988,800 -- $864 / 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 $11,700 $967,571 $290,271 $677,300
2024 $11,700 $948,600 $284,580 $664,020
2023 $2,634 $167,405 $88,306 $79,099
2022 $2,577 $164,122 $86,574 $77,548
2021 $2,518 $160,904 $84,877 $76,027
2020 $2,414 $159,255 $84,007 $75,248
2019 $2,385 $156,133 $82,360 $73,773
2018 $2,344 $153,071 $80,745 $72,326
2017 $2,285 $150,071 $79,162 $70,909
2016 $2,246 $147,128 $77,610 $69,518
2015 $2,238 $144,919 $76,445 $68,474
2014 $2,172 $142,081 $74,948 $67,133
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laxmi Penupothula

    Redfin

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Map

Source: MLSListings

MLS Number: ML81911778

MLSListings

APN: 092A-0776-082-00

California Alameda County Newark 94560

5494 Lafayette Ave, Newark, CA

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