NOT LISTED FOR SALE

8524 Jetty Way Newark, CA 94560

Estimated Value: $1,441,000 - $1,546,000

4 Beds
2.5 Baths
1,886 Sq Ft
$790/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $1,020,000 $541 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,134/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Attached Garage
  • Family or Dining Combination

About This Home

As of October 2019

Highly sought after detached single family home in the Banks neighborhood of the Bayshores Community. The open and convenient floor plan includes 4 spacious bedrooms, 2.5 bathrooms, and a den. Many upgrades including hardwood flooring, recessed lights, water filter/softener system and more. Tons of natural lighting with a high quality Hunter Douglas window covering for privacy throughout the home. The third floor den area with a large cover deck to host and entertain guest all four seasons. One of the largest lot with beautifully landscaped backyard. Desirable corner lot with an attached 2 car garage and a covered driveway for 2 additional parking spaces. Commuter friendly location-only 2 miles away from 84 and easy access to highway 880. It is in close proximity to the grocery stores, banks, restaurants, and an 8 minute drive to New Park Mall. Walking distance to local hiking trails and regional parks like Don Edwards an Coyote Hills.

Last Agent to Sell the Property

Sung Ahn

Legacy Real Estate & Associates License #01844103 Listed on: 08/22/2019

Legacy Real Estate & Associates

Last Buyer's Agent

Khatera Said

Redfin License #01956715

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,460

Year Built

  • Built in 2017

Lot Details

  • 2,522

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,886 Sq Ft Home
  • 3-Story Property
  • Family or Dining Combination
  • Alarm System
  • Open to Family Room
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 2,522 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance - common area

Listing and Financial Details

  • Assessor Parcel Number 092-0258-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,460

Year Built

Built in 2017

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 2
  • Listing Class: Residential
  • Structure Sq Ft: 1886
  • Complex Name: Not listed
  • Year Built: 2017
  • Zoning Description: Res
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Living Sq Ft: 1886
  • Stories: 3
  • Security: Security Alarm
  • Laundry: Inside
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking 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
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Not listed
  • H O A Exist: Yes

Schools

  • School District: Newark Unified

Lot Info

  • Parcel Number: 092-0258-088
  • Lot Acres: 0.0579
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2521.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2521.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Newark Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 8, 2019
Sold by
Nam Hongsuk and Oh Bo Ram
Bought by
Wei Xiaohan and Niu Yuhong
Seller's Agent
Sung Ahn
Legacy Real Estate & Associates
Buyer's Agent
Khatera Said
Redfin
List Price
$1,048,000
Sold Price
$1,020,000
Premium/Discount to List
-$28,000
-2.67%
Current Estimated Value
$1,490,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,468
Avg. Annual Appreciation
6.78%
Original Mortgage
$714,000
Outstanding Balance
$626,997
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$881,302

Purchase Details

Closed on
Oct 18, 2017
Sold by
William Lyon Homes Inc
Bought by
Nam Hongsuk and Oh Bo Ram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wei Xiaohan $1,020,000 Old Republic Title Company
Nam Hongsuk $966,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Xiaohan $714,000
Previous Owner Nam Hongsuk $629,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $1,020,000 -2.7% $541 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $1,048,000 -- $556 / 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
2025 $13,460 $1,115,501 $334,650 $780,851
2024 $13,460 $1,093,633 $328,090 $765,543
2023 $13,113 $1,072,193 $321,658 $750,535
2022 $12,970 $1,051,170 $315,351 $735,819
2021 $12,644 $1,030,567 $309,170 $721,397
2020 $12,536 $1,020,000 $306,000 $714,000
2019 $12,179 $985,014 $295,494 $689,520
2018 $12,005 $965,700 $289,700 $676,000
2017 $2,082 $166,502 $166,502 $0
Source: Public Records

Agents Affiliated with this Home

  • Sung Ahn

    Seller's Agent in 2019

    Sung Ahn

    Legacy Real Estate & Associates

    (408) 712-2455

    2 in this area

    84 Total Sales

    Sung Ahn
    Section Image

  • K

    Buyer's Agent in 2019

    Khatera Said

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81765599

MLSListings

APN: 092-0258-088-00

California Alameda County Newark 94560

8524 Jetty Way, Newark, CA

This home is located at 8524 Jetty Way, Newark, CA 94560 since 22 August 2019 and is currently estimated at $1,490,468, approximately $790 per square foot. This property was built in 2017. 8524 Jetty Way 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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