NOT LISTED FOR SALE

8511 Preserve Ave Newark, CA 94560

Estimated Value: $1,367,000 - $1,468,000

3 Beds
3.5 Baths
1,634 Sq Ft
$870/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $1,040,000 $636 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,096/month

11 Days on Market

About This Home

As of March 2020

Stunning 3-year-new contemporary affordable quiet single family home in sought-after Bayshores Community! Extremely sunny&bright with abundant natural light through ideal orientation and numerous large windows. Elegant modern features flow perfectly through the versatile floor plan with amazing open kitchen/dining/living RM and 1BR&1 full BA downstairs, totaling 1634sqft with 3 spacious BRs & 3.5 BAs. Beautiful gourmet kitchen with quartz countertops&Shaker cabinets, center island w/seating, and stainless steel appliances. Large master suite w/walk-in closet, spacious master bath w/double sinks&large shower. Elegant modern laminate floor, dual pane windows&recessed lights throughout. Water filter system for the entire home&tankless water heater. Attached 2-car garage w/electric car charger, upgraded smart home features, in-unit laundry&spacious patio. Extremely commute friendly with minutes away from major HWYs 84&880, shopping, restaurants, hiking trails, New Park Mall&BART Stations.

Last Listed By

Andy Gan

Berkshire Hathaway Home Services California Realty License #01868784 Listed on: 02/13/2020

Berkshire Hathaway Home Services California Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,627

Year Built

  • 2017

Lot Details

  • 1,869

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,634 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 1,869 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include insurance - common area, maintenance - common area
  • Bayshores Master Community Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,627

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 1634
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Living Sq Ft: 1634
  • Stories: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 110
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Bayshores Master Community

Schools

  • School District: Newark Unified

Lot Info

  • Lot Acres: 0.0429
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1869.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1869.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 11, 2020
Sold by
Leng Jinfu and Shi Jianru
Bought by
Rai Swathi
Seller's Agent
Andy Gan
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Yajnesh Rai
Keller Williams Realty-Silicon Valley
List Price
$988,000
Sold Price
$1,040,000
Premium/Discount to List
$52,000
5.26%
Total Days on Market
11
Current Estimated Value
$1,422,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,045
Avg. Annual Appreciation
5.72%
Original Mortgage
$832,000
Outstanding Balance
$736,209
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$652,839

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 6, 2020
Sold by
Rai Kodlamogaru Ramprasad
Bought by
Rai Swathi
Seller's Agent
Andy Gan
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Yajnesh Rai
Keller Williams Realty-Silicon Valley
List Price
$988,000
Sold Price
$1,040,000
Premium/Discount to List
$52,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Outstanding Balance
$736,209
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$652,839

Purchase Details

Closed on
Aug 7, 2017
Sold by
William Lyon Homes Inc
Bought by
Leng Jinfu and Shi Jianru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
3.9%
Mortgage Type
New Conventional

Range of Values:

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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
Rai Swathi $1,040,000 Old Republic Title Company
Rai Swathi -- Old Republic Title Company
Leng Jinfu $841,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Swathi $832,000
Previous Owner Leng Jinfu $636,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $1,040,000 +5.3% $636 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $988,000 -- $605 / 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
2024 $13,627 $1,108,077 $334,523 $780,554
2023 $13,274 $1,093,216 $327,965 $765,251
2022 $13,128 $1,064,781 $321,534 $750,247
2021 $12,797 $1,043,774 $315,232 $735,542
2020 $10,759 $874,559 $262,388 $612,171
2019 $10,603 $857,412 $257,244 $600,168
2018 $10,449 $840,600 $252,200 $588,400
2017 $2,509 $202,900 $202,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Gan

    Seller's Agent in 2020

    Andy Gan

    Berkshire Hathaway Home Services California Realty

    (650) 922-3168

    139 Total Sales

    Section Image
  • Yajnesh Rai

    Buyer's Agent in 2020

    Yajnesh Rai

    Keller Williams Realty-Silicon Valley

    (408) 547-7845

    92 Total Sales

    Yajnesh Rai
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81782541

MLSListings

APN: 092-0258-053-00

California Alameda County Newark 94560

8511 Preserve Ave, Newark, CA

Homes for Sale in Newark, CA

This home is located at 8511 Preserve Ave, Newark, CA 94560 since 13 February 2020 and is currently estimated at $1,422,045, approximately $870 per square foot. This property was built in 2017. 8511 Preserve 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.

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