NOT LISTED FOR SALE

7978 Wells Ave Newark, CA 94560

Estimated Value: $1,207,000 - $1,602,643

4 Beds
2 Baths
1,836 Sq Ft
$745/Sq Ft Est. Value

About This Home

This home is located at 7978 Wells Ave, Newark, CA 94560 and is currently estimated at $1,367,661, approximately $744 per square foot. 7978 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
Jan 28, 2015
Sold by
Eggert Jason
Bought by
Eggert Jason B and Eggert Jennifer M
Current Estimated Value
$1,367,661

Purchase Details

Closed on
Sep 9, 2013
Sold by
Tello Arrguin David Cardenas and Tello Rico Beatriz
Bought by
Tello Arreguin David Cardenas and Tello Rico Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Outstanding Balance
$125,865
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$1,241,796

Purchase Details

Closed on
Jun 24, 2008
Sold by
Eggert Jason B and Savant John E
Bought by
Tello Cardenas David and Tello Rico Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,043
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2007
Sold by
Savant John
Bought by
Savant John E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Eggert Jason B -- None Available
Tello Arreguin David Cardenas -- North American Title Company
Tello Cardenas David $515,000 Old Republic Title Company
Savant John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tello Arreguin David Cardenas $493,000
Closed Tello Cardenas David $507,043
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 $8,176 $656,150 $198,945 $464,205
2024 $8,176 $643,151 $195,045 $455,106
2023 $7,952 $637,404 $191,221 $446,183
2022 $7,849 $617,910 $187,473 $437,437
2021 $7,652 $605,658 $183,797 $428,861
2020 $7,545 $606,381 $181,914 $424,467
2019 $7,437 $594,494 $178,348 $416,146
2018 $7,325 $582,840 $174,852 $407,988
2017 $7,138 $571,412 $171,423 $399,989
2016 $7,064 $560,211 $168,063 $392,148
2015 $7,040 $551,801 $165,540 $386,261
2014 $6,848 $540,997 $162,299 $378,698
Source: Public Records

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