NOT LISTED FOR SALE

7064 Cabernet Ave Newark, CA 94560

Estimated Value: $1,301,000 - $1,456,000

3 Beds
2.5 Baths
1,798 Sq Ft
$779/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $1,025,000 $570 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,633/month

4 Days on Market

Highlights

  • Private Pool
  • Quartz Countertops
  • Open to Family Room
  • Contemporary Architecture
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of March 2020

7064 Cabernet is a beautiful home in the Mirabeau Park community. This home has been thoughtfully remodeled with laminate floors, recessed lighting, and dual pane windows. The kitchen has been updated with quartz counter top, stainless steel appliances, white cabinetry, new sink. The bathrooms also have been upgraded. The spacious bedrooms will make one feel like all of them are suites. This open floor concept with vaulted ceiling welcomes a lot of natural light into the home. This home is also conveniently located near Hwy 84, Dumbarton bridge, Hwy 880, parks, hiking trails, grocery stores, restaurants, shopping centers. Close to Facebook, Logitech, Tesla, Google, many other corporations company shuttle stops, BART, and bus stops making this home perfect for a commuter.

Last Agent to Sell the Property

Sung Ahn

Legacy Real Estate & Associates License #01844103 Listed on: 03/05/2020

Legacy Real Estate & Associates

Last Buyer's Agent

Bin Zhou

Keller Williams Thrive License #01984918

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,435

Year Built

  • 1976

Lot Details

  • 4,051

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Additional Features

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

Community Details

Overview

  • Association fees include maintenance - common area, management fee
  • Mirabeau Park HOA

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,435

Year Built

1976

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Zoning: Res
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 1798
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz
  • Fireplace: Yes
  • Living Sq Ft: 1798
  • Stories: 2
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Community Facility

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 57
  • HOA Amenities: Community Pool, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Mirabeau Park HOA

Schools

  • School District: Newark Unified

Lot Info

  • Lot Description: Regular
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 24, 2020
Sold by
Park Tae Byung and Kim Suna
Bought by
Lu Man and Guo Chong
Seller's Agent
Sung Ahn
Legacy Real Estate & Associates
Buyer's Agent
Bin Zhou
Keller Williams Thrive
List Price
$998,000
Sold Price
$1,025,000
Premium/Discount to List
$27,000
2.71%
Current Estimated Value
$1,400,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,797
Avg. Annual Appreciation
5.81%
Original Mortgage
$725,000
Outstanding Balance
$640,867
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$759,930

Purchase Details

Closed on
Oct 29, 2015
Sold by
Munn Thomas R and Munn Judith M
Bought by
Park Tae Byung and Kim Suna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Interest Rate
3.81%
Mortgage Type
New Conventional
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
Lu Man $1,025,000 Chicago Title Company
Park Tae Byung $655,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Man $725,000
Previous Owner Park Tae Byung $589,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $1,025,000 +2.7% $570 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $998,000 -- $555 / 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 $13,435 $1,120,970 $437,452 $683,518
2024 $13,435 $1,098,994 $428,876 $670,118
2023 $13,086 $1,077,449 $420,468 $656,981
2022 $12,942 $1,056,324 $412,224 $644,100
2021 $12,615 $1,035,619 $404,144 $631,475
2020 $8,741 $708,984 $259,780 $449,204
2019 $8,615 $695,086 $254,688 $440,398
2018 $8,487 $681,462 $249,696 $431,766
2017 $8,271 $668,100 $244,800 $423,300
2016 $8,189 $655,000 $240,000 $415,000
2015 $3,140 $227,002 $77,048 $149,954
2014 $3,049 $222,557 $75,539 $147,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81785428

MLSListings

APN: 092A-0502-034-00