NOT LISTED FOR SALE

7946 Wells Ave Newark, CA 94560

Estimated Value: $1,003,000 - $1,351,935

3 Beds
2 Baths
1,348 Sq Ft
$868/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2020

Last sale price $885,000 $657 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,166 / mo

25 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Stone Countertops
  • Tankless Water Heater
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2020

Beautifully updated single story home. Just minutes to Facebook, Dumbarton Bridge, and Tesla. Enjoy the large kitchen with Italian 36inch gas range, granite countertops, premium real wood floors, crown molding, tall baseboards, custom bathroom vanities with solid culture marble vanity tops, porcelain tiled bathroom enclosures, tankless hot water heater, Milgard dual pane windows, large master bedroom with fireplace, and LED lights. The open floor plan includes the large open kitchen that connects to a large dining area that flows into the large family room, perfect for comfortable living and gatherings. The detached garage is finished with sheetrock epoxy floors and baseboards. Attached to the garage is a large workshop or bonus room. And finally, enjoy the detached room that is not included in the square footage but is finished off just like the inside of the house with crown molding and all. This property has a private gate for entry. This truly one of a kind property will not last.

Last Agent to Sell the Property

Jonathan D. Macciola

MACCIOLA INC License #01854499 Listed on: 07/25/2020

Last Buyer's Agent

Wei Liao

Legend Realty & Finance Group License #01989564

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Stucco

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 921452

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

6,250 Sq Ft Lot

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1945
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Subdivision Name: Other
  • Directions: Thornton Ave to Ash St to Wells Ave
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood Flrs Throughout
  • Appliances: Dishwasher, Gas Range, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Master Bedroom
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Kitchen Features: Counter - Stone, Dishwasher, Gas Range/Cooktop

Exterior Features

  • Roof: Other
  • Lot Features: Other
  • Pool Features: None
  • Pool Private: No
  • View: Other
  • Construction Type: Stucco
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: 220 Volt Outlet, Dryer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6250
  • Parcel Number: 921452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 8, 2020
Sold by
Correa Brandon and Correa Elisa
Bought by
Chen Qian and Guo Lihong
Seller's Agent
Jonathan D. Macciola
MACCIOLA INC
Buyer's Agent
Wei Liao
Legend Realty & Finance Group
List Price
$899,888
Sold Price
$885,000
Premium/Discount to List
-$14,888
-1.65%
Current Estimated Value
$1,169,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,484
Avg. Annual Appreciation
5.07%
Original Mortgage
$708,000
Outstanding Balance
$628,303
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$541,181

Purchase Details

Closed on
Jun 12, 2015
Sold by
Macciola Jonathan D and Macciola Jason D
Bought by
Correa Brandon and Correa Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2014
Sold by
Sarmento Ralph C and Sarmento Charlotte C
Bought by
Macciola Jonathan D and Macciola Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,472
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2002
Sold by
Sarmento Ralph Clifford and Sarmento Charlotte Claire
Bought by
Sarmento Ralph C and Sarmento Charlotte C
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
Chen Qian $885,000 Chicago Title Company
Correa Brandon $660,000 First American Title Company
Macciola Jonathan D $410,000 Chicago Title Company
Sarmento Ralph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qian $708,000
Previous Owner Correa Brandon $528,000
Previous Owner Macciola Jonathan D $465,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $885,000 -- --
02/04/2025 02/04/25 Off Market $885,000 -- --
09/12/2020 09/12/20 Sold $885,000 -1.7% $657 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $899,888 -- $668 / Sq Ft
Source: Bay East Association of REALTORS®

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 $11,591 $957,941 $432,968 $524,973
2024 $11,591 $939,162 $424,480 $514,682
2023 $11,287 $920,754 $416,160 $504,594
2022 $11,157 $902,700 $408,000 $494,700
2021 $10,876 $885,000 $400,000 $485,000
2020 $9,013 $725,287 $329,676 $395,611
2019 $8,884 $711,070 $323,214 $387,856
2018 $8,754 $697,131 $316,878 $380,253
2017 $8,533 $683,463 $310,665 $372,798
2016 $8,451 $670,065 $304,575 $365,490
2015 $5,421 $410,000 $123,000 $287,000
2014 $1,026 $53,002 $23,801 $29,201
Source: Public Records

Agents Affiliated with this Home

  • Jonathan D. Macciola

    Seller's Agent in 2020

    Jonathan D. Macciola

    MACCIOLA INC

    (510) 299-3343

    8 in this area

    52 Total Sales

    Jonathan D. Macciola
    Section Image
  • Wei Liao

    Buyer's Agent in 2020

    Wei Liao

    Legend Realty & Finance Group

    (403) 471-8180

    11 Total Sales

    Wei Liao
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40913988

Bay East Association of REALTORS®

APN: 092-0145-002-00

California Alameda County Newark 94560

7946 Wells Ave, Newark, CA

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