NOT LISTED FOR SALE

7848 Wells Ave Newark, CA 94560

Estimated Value: $667,000 - $1,308,000

4 Beds
2 Baths
1,590 Sq Ft
$669/Sq Ft Est. Value

About This Home

This home is located at 7848 Wells Ave, Newark, CA 94560 and is currently estimated at $1,063,418, approximately $668 per square foot. 7848 Wells Ave is a home located in Alameda County with nearby schools including August Schilling Elementary School, Newark Junior High School, and Newark Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Luna Marcela
Bought by
Luna Marcela and The Marcela Luna Living Trust
Current Estimated Value
$1,063,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Outstanding Balance
$416,018
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$647,400

Purchase Details

Closed on
Oct 1, 2019
Sold by
Luna Marcela
Bought by
Luna Marcela and Marcela Luna Living Trust

Purchase Details

Closed on
Aug 10, 2011
Sold by
Ruezga Gustavo and Ruezga Shannon M
Bought by
Luna Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2009
Sold by
Ruezga Gustavo and Ruezga Shannon M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 21, 2005
Sold by
Ruezga Gustavo and Ruezga Josefa
Bought by
Ruezga Gustavo and Ruezga Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 13, 2003
Sold by
Ruezga Gustavo
Bought by
Ruezga Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2002
Sold by
Ruezga Gustavo
Bought by
Ruezga Gustavo and Ruezga Josefa

Purchase Details

Closed on
Oct 20, 1998
Sold by
Martinez Adela
Bought by
Ruezga Gustavo

Purchase Details

Closed on
Jul 8, 1998
Sold by
Chaisson John and Beegle Cassandra L
Bought by
Ruezga Gustavo and Martinez Adela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,343
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1997
Sold by
Souza Joseph B and Souza Theresa B
Bought by
Chaisson John and Beegle Cassandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Luna Marcela -- First American Title Company
Luna Marcela -- First American Title Company
Luna Marcela -- None Available
Luna Marcela $255,000 Placer Title Company
The Bank Of New York Mellon $314,500 Landsafe Title
Ruezga Gustavo $203,000 Fidelity National Title Co
Ruezga Gustavo -- --
Ruezga Gustavo -- --
Ruezga Gustavo -- --
Ruezga Gustavo $180,000 Fidelity National Title
Chaisson John $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Marcela $458,500
Closed Luna Marcela $191,250
Previous Owner Ruezga Gustavo $406,000
Previous Owner Ruezga Gustavo $50,000
Previous Owner Ruezga Gustavo $173,343
Previous Owner Chaisson John $100,000
Source: Public Records

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 $4,378 $320,277 $96,083 $224,194
2024 $4,378 $313,998 $94,199 $219,799
2023 $4,247 $307,843 $92,353 $215,490
2022 $4,176 $301,807 $90,542 $211,265
2021 $4,076 $295,891 $88,767 $207,124
2020 $3,972 $292,858 $87,857 $205,001
2019 $3,919 $287,118 $86,135 $200,983
2018 $3,857 $281,491 $84,447 $197,044
2017 $3,760 $275,973 $82,792 $193,181
2016 $3,711 $270,561 $81,168 $189,393
2015 $3,698 $266,500 $79,950 $186,550
2014 $3,595 $261,280 $78,384 $182,896
Source: Public Records

Map

California Alameda County Newark 94560

7848 Wells Ave, Newark, CA

This home is located at 7848 Wells Ave, Newark, CA 94560 and is currently estimated at $1,063,418, approximately $668 per square foot. 7848 Wells Ave is a home located in Alameda County with nearby schools including August Schilling Elementary School, Newark Junior High School, and Newark Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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