NOT LISTED FOR SALE

7042 Cabernet Ave Newark, CA 94560

Estimated Value: $1,304,000 - $1,444,000

4 Beds
2.5 Baths
1,950 Sq Ft
$708/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $1,315,000 $674 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,614/month

9 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Washer and Dryer
  • Breakfast Bar
  • Separate Family Room
  • Dining Area

About This Home

As of November 2023

Welcome Home to 7042 Cabernet. Located in the quiet northwest end of Newark, your new home has 3 large bedrooms plus an oversized loft area (could be bedroom #4), 2 full & 1 partial bath all in 1950 square feet of quality living space. Recently upgraded with new flooring throughout, new designer paint, mostly new lighting fixtures, epoxy garage floor, reglazing in primary bathroom. With proximity to Dumbarton bridge, and very close to the new Meta/Facebook Ardenwood campus, you are just a quick 15-minute drive to downtown Palo Alto & the peninsula, 30 minutes to San Jose & the SJC International Airport. A beautiful neighborhood park is right down the street. Low HOA includes access to the community swimming pool, tennis/basketball courts. Close to schools, shopping, bayside parks and open space. You will love living here!

Last Agent to Sell the Property

Robert Godar

Intero Real Estate Services License #01356357 Listed on: 10/18/2023

Intero Real Estate Services

Last Buyer's Agent

Kristine Doroteo

Alliance Bay Realty License #02006024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 4,051

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 4,051 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Mirabeau Park Association
  • Built by Mirabeau Park HOA

Listing and Financial Details

  • Assessor Parcel Number 092A-0502-035

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1950
  • Complex Name: Mirabeau Park HOA
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Dining Bar
  • Living Sq Ft: 1950
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 185
  • HOA Fee Frequency: Quarterly
  • H O A Name Text: Mirabeau Park
  • H O A Exist: Yes

Schools

  • High School: 27017

Lot Info

  • Parcel Number: 092A-0502-035
  • Lot Acres: 0.0930
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4050.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Newark Unified
  • Elementary School Text: H. A. Snow Elementary
  • High School Text: Newark Memorial High
  • Middle School Text: Newark Junior High

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 16, 2023
Sold by
Isaacson 2007 Trust
Bought by
Rajan Dinesh Kumaar and Ganesan Dharanya
Seller's Agent
Robert Godar
Intero Real Estate Services
Buyer's Agent
Kristine Doroteo
Alliance Bay Realty
List Price
$1,295,000
Sold Price
$1,315,000
Premium/Discount to List
$20,000
1.54%
Views
81
Current Estimated Value
$1,381,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,571
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,183,369
Outstanding Balance
$1,156,009
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$225,562

Purchase Details

Closed on
Oct 24, 2007
Sold by
Isaacson Paul and Isaacson Sara
Bought by
Isaacson Paul and Isaacson Sara

Purchase Details

Closed on
Dec 20, 1995
Sold by
Isaacson Tami Sue
Bought by
Isaacson Paul Leonard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rajan Dinesh Kumaar $1,315,000 Orange Coast Title Company
Isaacson Paul -- None Available
Isaacson Paul Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajan Dinesh Kumaar $1,183,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $1,315,000 +1.5% $674 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,295,000 -- $664 / 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 $15,927 $1,350,276 $402,390 $947,886
2024 $15,927 $1,315,000 $394,500 $920,500
2023 $3,656 $256,340 $69,258 $187,082
2022 $3,590 $251,313 $67,900 $183,413
2021 $3,505 $246,386 $66,569 $179,817
2020 $3,401 $243,860 $65,887 $177,973
2019 $3,356 $239,079 $64,595 $174,484
2018 $3,302 $234,391 $63,328 $171,063
2017 $3,219 $229,797 $62,087 $167,710
2016 $3,174 $225,292 $60,870 $164,422
2015 $3,163 $221,907 $59,955 $161,952
2014 $3,073 $217,562 $58,781 $158,781
Source: Public Records

Agents Affiliated with this Home

  • Robert Godar

    Seller's Agent in 2023

    Robert Godar

    Intero Real Estate Services

    (408) 655-6457

    1 in this area

    74 Total Sales

    Robert Godar
    Section Image

  • K

    Buyer's Agent in 2023

    Kristine Doroteo

    Alliance Bay Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81942467

MLSListings

APN: 092A-0502-035-00

California Alameda County Newark 94560

7042 Cabernet Ave, Newark, CA

Not Listed for Sale

Detached

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