NOT LISTED FOR SALE

8332 Compass Way Newark, CA 94560

Estimated Value: $1,669,000 - $2,012,000

4 Beds
2.5 Baths
2,293 Sq Ft
$797/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $2,020,000 $881 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $11,072/month

9 Days on Market

Highlights

  • Solar Power System
  • Contemporary Architecture
  • Stone Countertops
  • Updated Kitchen
  • Engineered Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2024

This 2 story SFH with 10 feet high ceiling downstairs, features 2293 SqFt of 4 bedroom and 2.5 bathroom. Premium Engineered Hardwood throughout downstairs and on glass railing stairs. Upgraded white cabinets up to the ceiling. island, stainless appliance package and built -in pantry in kitchen. Premium quartz countertop and soft close drawers and cabinets in kitchen and bathrooms. Recessed LED lights in living, dining and bedrooms. Custom closet cabinets were installed recently in the master closet. Most popular brand Graber cordless shades on all windows. Custom painted walls throughout the home. USB charging outlets in kitchen and master bedroom. Ceiling fan wiring in the living, master and one other bedroom. 7 track audio wiring in the living room. Fully paid Tesla 4.2KW solar panels. Garage wall is finished and painted. 50A 240V outlet in garage for EV charging. Professionally landscaped backyard with automatic drip system. Natural gas outlet in the backyard for barbecue or fire pit. The community is close to Meta and Tesla, among other major employers. The residents enjoy a host of amenities like a park, a kid's playground, BBQ and picnic area. Nearby National Wildlife Refuge offers open space with trails and nature to explore. Easy access to Dumbarton bridge and I-880.

Last Agent to Sell the Property

Helen Du

Compass License #01782114 Listed on: 03/12/2024

Compass

Last Buyer's Agent

Leah Liya Ye

Legend Realty & Finance Group License #02199718

Legend Realty & Finance Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,220

Year Built

  • Built in 2018

Lot Details

  • 3,100 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 92259155

Community Details

Overview

  • Association fees include common area maintenance, management fee, ground maintenance, reserves
  • Association Phone (949) 855-1800
  • Greenbelt

Amenities

  • Community Barbecue Grill

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,220

Year Built

Built in 2018

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Subdivision Name: Not Listed
  • Directions: Willow-Seawind-Bay crest-Compass
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Engineered Wood, Tile
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Stone Counters, Kitchen Island, Updated Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Island, Microwave, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Lot Features: Landscape Back, Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Zoned
  • Cooling: Zoned
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: BBQ Area, Greenbelt, Playground, Park
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 949-855-1800
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Management Fee, Maintenance Grounds, Reserves

Lot Info

  • Lot Size Sq Ft: 3100
  • Parcel Number: 92259155
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 8, 2024
Sold by
Vasireddy Family Revocable Trust and Vasireddy Venkateswar Rao
Bought by
Lei Yutong and Zhao Chao
Seller's Agent
Helen Du
Compass
Buyer's Agent
Leah Liya Ye
Legend Realty & Finance Group
List Price
$1,698,000
Sold Price
$2,020,000
Premium/Discount to List
$322,000
18.96%
Views
28
Current Estimated Value
$1,826,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,435
Avg. Annual Appreciation
-6.62%
Original Mortgage
$1,520,000
Outstanding Balance
$1,495,600
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$330,965

Purchase Details

Closed on
Apr 7, 2020
Sold by
Vasireddy Venkateswar Rao and Vasireddy Madhavi
Bought by
Vasireddy Venkateswar Rao and Vasireddy Madhavi

Purchase Details

Closed on
Aug 29, 2018
Sold by
Th Hw Newark Llc
Bought by
Vasireddy Venkateswar Rao and Vasireddy Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lei Yutong $2,020,000 Chicago Title
Vasireddy Venkateswar Rao -- None Available
Vasireddy Venkateswar Rao $1,146,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Yutong $1,520,000
Previous Owner Vasireddy Venkateswar Rao $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,020,000 -- --
04/10/2024 04/10/24 Sold $2,020,000 +19.0% $881 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $1,698,000 -- $741 / Sq Ft
Source: Bay East Association of REALTORS®

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 $15,220 $2,054,800 $618,120 $1,442,280
2024 $15,220 $1,245,861 $375,880 $876,981
2023 $14,829 $1,228,300 $368,511 $859,789
2022 $14,670 $1,197,220 $361,287 $842,933
2021 $14,299 $1,173,609 $354,203 $826,406
2020 $14,190 $1,168,512 $350,574 $817,938
2019 $13,982 $1,145,600 $343,700 $801,900
2018 $2,665 $213,374 $213,374 $0
2017 $2,495 $209,190 $209,190 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41051811

Bay East Association of REALTORS®

APN: 092-0259-155-00