NOT LISTED FOR SALE

8529 Preserve Ave Newark, CA 94560

Estimated Value: $1,322,591 - $1,455,000

3 Beds
2.5 Baths
1,712 Sq Ft
$811/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $1,180,000 $689 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,527/month

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Flooring
  • Washer and Dryer
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of April 2021

Almost new and a must see! This single family home built in 2017 with 3 beds, 2.5 baths. The 1,712 sf, with extra large covered patio at 3rd floor attached with a loft for year-round relaxation and enjoyment. It locates at the highly desirable Bayshores Community provides amenities such as park, playgrounds, barbecue area and picnic seatings. The home is filled with natural lights. Many upgrades with *Contemporary kitchen counters, espresso cabinetry, *Stainless Steel appliances *Breakfast nook. *Walk-in closet in Master bed *Baths with dual sink vanities. *Chandeliers fans in bedrooms and loft. *Water-resistant vinyl plank flooring in the living room *Central heat and A/C *2-car garage with pre-wired 220 volts outlet for electric car. *Private back yard.

Last Agent to Sell the Property

Monica Yeung

Just Global Inc. License #01225247 Listed on: 03/05/2021

Last Buyer's Agent

Veronica Peter

Compass License #02056842

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Lot Details

  • 2,161

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • 2,161 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, management fee, reserves

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1712
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1712
  • Stories: 3
  • Security: Fire Alarm
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 110
  • Association Fees Include: Maintenance - Common Area, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: not listed

Lot Info

  • Lot Acres: 0.0496
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2159.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2159.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 5, 2021
Sold by
Fu David H and Fu Linda H
Bought by
Zhang Xuerui and Li Fangjia
Seller's Agent
Monica Yeung
Just Global Inc.
Buyer's Agent
Veronica Peter
Compass
List Price
$1,082,000
Sold Price
$1,180,000
Premium/Discount to List
$98,000
9.06%
Current Estimated Value
$1,388,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,398
Avg. Annual Appreciation
3.50%
Original Mortgage
$920,000
Outstanding Balance
$829,308
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$559,090

Purchase Details

Closed on
Jun 7, 2017
Sold by
William Lyon Homes Inc
Bought by
Fu David H and Fu Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,490
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Xuerui $1,180,000 Chicago Title Company
Fu David H $793,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Xuerui $920,000
Previous Owner Fu David H $592,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $1,180,000 +9.1% $689 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,082,000 -- $632 / 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 $15,290 $1,277,254 $383,176 $894,078
2024 $15,290 $1,252,215 $375,664 $876,551
2023 $14,899 $1,227,671 $368,301 $859,370
2022 $14,741 $1,203,600 $361,080 $842,520
2021 $10,367 $833,262 $249,968 $583,294
2020 $10,260 $824,724 $247,407 $577,317
2019 $10,113 $808,554 $242,556 $565,998
2018 $9,967 $792,700 $237,800 $554,900
2017 $2,971 $242,400 $242,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81832685

MLSListings

APN: 092-0258-046-00