6275 Thornton Ave Newark, CA 94560
4
Beds
1
Bath
1,148
Sq Ft
7,000
Sq Ft Lot
About This Home
As of April 2025Huge price Reduction!!! Rare Opportunity in Newark: On the Market for the First Time in 40 Years! This well-established medical clinic presents a unique investment opportunity. The freestanding building, spanning 1,148 square feet, sits on a spacious 7,000-square-foot lot, offering ample room for expansion or redevelopment. Featuring 4 patient rooms, a receptionist area, waiting area, an office, a kitchenette and a file storage room. This clinic is ideally suited for medical professionals seeking a prime location in Newark. The property's convenient location and ample parking ensure easy access for patients and staff. With its rich history of serving the community for over 40 years, this clinic offers the potential to restore its original grandeur or explore new development opportunities, such as adding additional units or expanding the medical services offered. Don't miss this chance to own a piece of Newark's history and shape the future of this thriving community.
Last Agent to Sell the Property
Robert Nongauza
Kendrick Realty Inc. License #00991571 Listed on: 08/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,355
Year Built
- 1932
Parking
- 10 Car Garage
- Parking Available
- Side or Rear Entrance to Parking
- Parking Lot
Home Design
- Stucco Exterior
Interior Spaces
- 1,148 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Additional Features
- 7,000 Sq Ft Lot
- Heating Available
Community Details
Overview
- Bridge Aor Association
- Central Newark Subdivision
Amenities
- No Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2024
Closed on
Apr 3, 2025
Sold by
Paragas Family Trust and Paragas Alfredo T
Bought by
Wang Yuan
Seller's Agent
Robert Nongauza
Kendrick Realty Inc.
List Price
$1,350,000
Sold Price
$1,000,000
Premium/Discount to List
-$350,000
-25.93%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,402
Avg. Annual Appreciation
1.00%
Original Mortgage
$700,000
Outstanding Balance
$471,890
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$531,813
Purchase Details
Closed on
Dec 18, 2003
Sold by
Paragas Alfredo T and Paragas Norma V
Bought by
Paragas Alfredo T and Paragas Norma V
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $1,000,000 | -25.9% | $871 / Sq Ft |
| 02/28/2025 02/28/25 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $1,350,000 | -- | $1,176 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
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 | $5,355 | $394,066 | $84,442 | $309,624 |
| 2024 | $5,355 | $386,340 | $82,787 | $303,553 |
| 2023 | $5,207 | $378,766 | $81,164 | $297,602 |
| 2022 | $5,128 | $371,340 | $79,573 | $291,767 |
| 2021 | $5,008 | $364,059 | $78,012 | $286,047 |
| 2020 | $4,902 | $360,328 | $77,213 | $283,115 |
| 2019 | $4,834 | $353,263 | $75,699 | $277,564 |
| 2018 | $4,759 | $346,337 | $74,215 | $272,122 |
| 2017 | $4,639 | $339,548 | $72,760 | $266,788 |
| 2016 | $4,584 | $332,892 | $71,334 | $261,558 |
| 2015 | $4,565 | $327,891 | $70,262 | $257,629 |
| 2014 | $4,449 | $321,469 | $68,886 | $252,583 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Robert Nongauza
Kendrick Realty Inc.
Map
Source: bridgeMLS
MLS Number: 41071063
APN: 092A-0919-012-02
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Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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