NOT LISTED FOR SALE

5577 McDonald Ave Newark, CA 94560

Estimated Value: $1,630,000 - $1,917,975

7 Beds
4 Baths
2,480 Sq Ft
$709/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,558,000 $628 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,862/month

12 Days on Market

Highlights

  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • Gazebo
  • Family Room with Fireplace
  • Quartz Countertops
  • Formal Dining Room

About This Home

As of May 2021

Beautiful fully remodeled home in the heart of Newark! Located in a quiet and serene neighborhood! Massive 7 bedroom home with 4 full baths! 2 Master suites with each on a floor! Perfect for a big or multiple family! Separate family and living room to entertain guest and family all year round! Oversized open floor plan chefs dream kitchen. Recessed lighting throughout the home with dual pane windows in every room. Escape to the serene oasis back yard filled with gorgeous plants and fruit trees! Oversized corner lot close to 7,000 sqft! Beautiful first impression home the moment you pull up! Make this yours today!

Last Agent to Sell the Property

David Tran

KW Silicon City License #01971924 Listed on: 04/09/2021

KW Silicon City

Co-Listed By

Timothy Chau

KW Silicon City License #01323048

Last Buyer's Agent

Ziwei Wang

Compass License #01917792

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,750

Year Built

  • 1961

Lot Details

  • 6,900 Sq Ft Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Separate Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,750

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R
  • Subclass: Single Family Home
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 2480
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Insert, Living Room, Wood Burning
  • Dining Room: Dining Area In Family Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Microwave, Oven Range - Electric
  • Fireplace: Yes
  • Living Sq Ft: 2480
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom
  • Laundry: In Garage
  • Flooring: Laminate, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Bathroom: Full On Ground Floor, Shower And Tub, Stall Shower, Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Gazebo, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Newark Unified

Lot Info

  • Lot Acres: 0.1584
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6900.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Wu Haocheng and Wu Jing
Bought by
Kuai & Wu Family Trust and Wu
Current Estimated Value
$1,757,244

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 24, 2021
Sold by
Premiere Universal Network Cap Investmen
Bought by
Wu Haocheng and Kuai Jing
Seller's Agent
David Tran
KW Silicon City
Buyer's Agent
Ziwei Wang
Compass
List Price
$1,399,999
Sold Price
$1,558,000
Premium/Discount to List
$158,001
11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$146,000
Interest Rate
2.95%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2020
Sold by
Rhoades Geraldine Carling
Bought by
Premiere Universal Network Cap Investmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,500
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 21, 2016
Sold by
Rhoades Charles Scott and Rhoades Geraldine Carling
Bought by
Charles & Geraldine Rhoades Living Trust

Purchase Details

Closed on
Feb 7, 1994
Sold by
Fister Anna M and Rhoades Charles S
Bought by
Rhoades Charles S and Rhoades Geraldine
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
Kuai & Wu Family Trust -- None Listed On Document
Wu Haocheng $1,558,000 Old Republic Title Company
Premiere Universal Network Cap Investmen $920,000 Old Republic Title Company
Charles & Geraldine Rhoades Living Trust -- None Available
Rhoades Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Haocheng $146,000
Previous Owner Wu Haocheng $1,100,000
Previous Owner Premiere Universal Network Cap Investmen $902,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $1,558,000 +4.6% $628 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $1,488,888 +6.3% $600 / Sq Ft
04/09/2021 04/09/21 For Sale $1,399,999 -- $565 / 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 $19,750 $1,679,409 $589,918 $1,096,491
2024 $19,750 $1,563,000 $471,000 $1,099,000
2023 $19,248 $1,538,000 $463,500 $1,081,500
2022 $19,051 $1,582,160 $555,900 $1,033,260
2021 $14,513 $1,200,000 $420,000 $780,000
2020 $1,779 $111,797 $17,260 $94,537
2019 $1,758 $109,605 $16,921 $92,684
2018 $1,724 $107,457 $16,590 $90,867
2017 $1,679 $105,349 $16,264 $89,085
2016 $1,643 $103,284 $15,945 $87,339
2015 $1,635 $101,733 $15,706 $86,027
2014 $1,584 $99,740 $15,398 $84,342
Source: Public Records

Agents Affiliated with this Home

  • David Tran

    Seller's Agent in 2021

    David Tran

    KW Silicon City

    (408) 705-7931

    1 in this area

    44 Total Sales

    David Tran
    Section Image
  • Timothy Chau

    Seller Co-Listing Agent in 2021

    Timothy Chau

    KW Silicon City

    (408) 475-6767

    1 in this area

    80 Total Sales

    Timothy Chau
    Section Image

  • Z

    Buyer's Agent in 2021

    Ziwei Wang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81825702

MLSListings

APN: 092A-0775-070-01

California Alameda County Newark 94560

5577 McDonald Ave, Newark, CA

This home is located at 5577 McDonald Ave, Newark, CA 94560 since 09 April 2021 and is currently estimated at $1,757,244, approximately $708 per square foot. This property was built in 1961. 5577 McDonald Ave is a home located in Alameda County with nearby schools including John F. Kennedy Elementary School, Newark Junior High School, and Newark Memorial High School.

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