NOT LISTED FOR SALE

7622 Inverness Dr Newark, CA 94560

Estimated Value: $1,421,000 - $1,509,000

4 Beds
2 Baths
1,444 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $1,560,000 $1,080 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,877/month

9 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Open to Family Room
  • Solar owned by seller
  • Family or Dining Combination

About This Home

As of March 2022

Virtual open house Thursday, July 1st 1:30-2:30 pm. Located on a quiet tree-lined street in this popular Newark neighborhood, you will find this meticulously maintained 4-bedroom, 2-bathroom single-level ranch style home. Possibilities are limitless with this expansive front yard. Corner lot location provides room to expand existing floor plan or back yard. Bright and sun-drenched living room with hardwood flooring. Family room/dining area with gas burning fireplace (insert). Updated kitchen with solid surface countertops, pantry cabinet, new electric range/oven, new dishwasher, refrigerator, and interior cabinet lighting. Stunning flagstone back yard patio with brick BBQ, mature foliage, numerous fruit trees, and side access potential. Updated hall bathroom with new tub, new glass enclosure, new cultured marble walls, and new wood laminate flooring. Leased solar system. Walking distance to Lincoln Elementary School. Great location for commuting to the Silicon Valley!

Last Agent to Sell the Property

CJ Brasiel

Veridian Realty Group License #01957494 Listed on: 02/08/2022

Last Buyer's Agent

Kevin Mo

BQ Realty License #02127623

BQ Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1969

Lot Details

  • 7,349 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Family or Dining Combination
  • Open to Family Room
  • Laundry in Garage

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar owned by seller
  • Solar owned by a third party

Utilities

  • Forced Air Heating System
  • Wood Insert Heater

Home Details

Home Type

Single Family

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1444
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Insert
  • Dining Room: Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 1444
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Pillars / Posts / Piers
  • Roof: Shingle
  • Property Faces: North
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • High School: 27017

Lot Info

  • Lot Acres: 0.1687
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7350.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 7, 2022
Sold by
Alberto Filho Carlos and Alberto Erica Marta
Bought by
Tan Li
Seller's Agent
CJ Brasiel
Veridian Realty Group
Buyer's Agent
Kevin Mo
BQ Realty
List Price
$1,150,000
Sold Price
$1,560,000
Premium/Discount to List
$410,000
35.65%
Current Estimated Value
$1,458,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,940
Avg. Annual Appreciation
-1.74%
Original Mortgage
$780,000
Outstanding Balance
$716,955
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$741,105

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 23, 2020
Sold by
Landeros Lisa Maeko and Landeros Larry K
Bought by
Massera Carlos Alberto De Magalhaes and Saidel Marta Erica
Seller's Agent
Brooke Crossland
Coldwell Banker Realty
Buyer's Agent
CJ Brasiel
Veridian Realty Group
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.17%
Original Mortgage
$759,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2016
Sold by
Hu Larry K and Hu Clara S
Bought by
Hu Larry K and Hu Clara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 23, 2014
Sold by
Hu Larry K and Hu Clara S
Bought by
Larry K Hu & Clara S Hu Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Feb 9, 2012
Sold by
Hu Larry K and Hu Clara S
Bought by
Hu Larry K and Hu Clara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2003
Sold by
Hu Larry K and Hu Clara S
Bought by
Hu Larry K and Hu Clara S

Purchase Details

Closed on
Mar 15, 2001
Sold by
Hu Larry K and Hu Clara S
Bought by
Hu Larry K and Hu Clara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Hu Larry K and Hu Clara S
Bought by
Hu Larry K and Hu Clara S
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
Tan Li $1,560,000 Fidelity National Title
Massera Carlos Alberto De Magalhaes $949,000 First American Title Company
Hu Larry K -- Fidelity Natl Title Group
Larry K Hu & Clara S Hu Family Trust -- None Available
Hu Larry K -- Quicken Loans Inc
Hu Larry K -- Investors Title Company
Hu Larry K -- American Title Company
Hu Larry K -- First American Title Guarant
Hu Larry K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Li $780,000
Previous Owner Massera Carlos Alberto De Magalhaes $759,200
Previous Owner Hu Larry K $938,250
Previous Owner Hu Larry K $350,250
Previous Owner Hu Larry K $321,000
Previous Owner Hu Larry K $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Off Market $949,000 -- --
02/04/2025 02/04/25 Off Market $949,000 -- --
03/16/2022 03/16/22 Sold $1,560,000 +35.7% $1,080 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,150,000 +21.2% $796 / Sq Ft
08/05/2020 08/05/20 Sold $949,000 0.0% $657 / Sq Ft View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $949,000 -- $657 / 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 $15,673 $1,449,000 $436,800 $1,019,200
2024 $15,673 $1,293,000 $390,000 $910,000
2023 $17,112 $1,435,000 $430,500 $1,004,500
2022 $11,916 $967,980 $357,000 $610,980
2021 $11,615 $949,000 $350,000 $599,000
2020 $1,386 $78,016 $25,781 $52,235
2019 $1,370 $76,487 $25,276 $51,211
2018 $1,342 $74,987 $24,780 $50,207
2017 $1,306 $73,517 $24,294 $49,223
2016 $1,273 $72,076 $23,818 $48,258
2015 $1,266 $70,993 $23,460 $47,533
2014 $1,224 $69,603 $23,001 $46,602
Source: Public Records

Agents Affiliated with this Home

  • CJ Brasiel

    Seller's Agent in 2022

    CJ Brasiel

    Veridian Realty Group

    (408) 406-6035

    1 in this area

    44 Total Sales

    CJ Brasiel
    Section Image

  • K

    Buyer's Agent in 2022

    Kevin Mo

    BQ Realty

    Section Image
  • Claire Liu

    Buyer Co-Listing Agent in 2022

    Claire Liu

    Compass

    (408) 800-5988

    2 in this area

    45 Total Sales

    Claire Liu
    Section Image
  • Brooke Crossland

    Seller's Agent in 2020

    Brooke Crossland

    Coldwell Banker Realty

    (510) 305-6450

    78 in this area

    182 Total Sales

    Brooke Crossland
    Section Image
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Map

Source: MLSListings

MLS Number: ML81876498

MLSListings

APN: 092A-0513-035-00

California Alameda County Newark 94560

7622 Inverness Dr, Newark, CA

Not Listed for Sale

Detached

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