NOT LISTED FOR SALE

8548 Lookout Way Newark, CA 94560

Estimated Value: $1,688,000 - $1,830,000

4 Beds
2.5 Baths
2,154 Sq Ft
$811/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $1,316,500 $611 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,302/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Countertops
  • Community Barbecue Grill
  • Corner Lot
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of October 2020

This beautiful home features 4 bedroom, 2.5 bathroom, 2,154 SqFt and 2 car garage with drive way. Former model home with motion senor for interior lighting, rear yard and enhanced landscaping. Upgraded kitchen with full tile backsplash, quartz kitchen counter, and Whirlpool stainless appliance package; pantry with 5 shelves. Large beautiful bonus room with covered deck on the third floor. Upgraded flooring throughout and window covering throughout. Shelf over the washer and dryer location in the laundry room. Medicine cabinet, walk-in closet with shelve and pole and passage door in the Master Bath. The community is conveniently located close to Facebook and Tesla, among other major employers. Bayshores residents enjoy a host of amenities like park, kids’ playground and private clubhouse. Nearby Don Edwards San Francisco National Wildlife Refuge offers open space with trails and nature to explore. Easy access to Dumbarton bridge and I-880.

Last Listed By

Helen Du

Compass License #01782114 Listed on: 09/02/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,961

Year Built

  • Built in 2017

Lot Details

  • 2,479 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 3-Story Property
  • Zoned Heating and Cooling

Community Details

Overview

  • Association fees include common area maintenance, management fee, reserves
  • Not Listed Association, Phone Number (800) 610-0757
  • Bayshores Community Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,961

Year Built

Built in 2017

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: BAYSHORES COMMUNITY
  • Directions: Willow ST-Bayshores Ave-Spring Tide Rd-Lookout Wa
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Counter - Solid Surface
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Garbage Disposal, Microwave, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Corner Lot, Landscape Front, Paved
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Front 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Playground, BBQ Area, Dog Park
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 800-610-0757
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 2479
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 16, 2020
Sold by
Grand Steven L and Grand Susan A
Bought by
Grand Steven L and Ayasse Susan Catherine
Seller's Agent
Helen Du
Compass
Buyer's Agent
Xiaqin Gu
Coldwell Banker Realty
List Price
$1,298,000
Sold Price
$1,316,500
Premium/Discount to List
$18,500
1.43%
Total Days on Market
19
Current Estimated Value
$1,747,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,633
Avg. Annual Appreciation
6.39%
Original Mortgage
$991,600
Outstanding Balance
$883,845
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$863,288

Purchase Details

Closed on
Oct 31, 2018
Sold by
William Lyon Homes Inc
Bought by
Cai Bingkun and Zhou Jieshuai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Grand Steven L $1,316,500 Chicago Title Company
Cai Bingkun $1,200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Steven L $991,600
Previous Owner Cai Bingkun $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,316,500 -- --
10/27/2020 10/27/20 Sold $1,316,500 +1.4% $611 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $1,298,000 -- $603 / 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
2024 $16,961 $1,397,068 $419,120 $977,948
2023 $16,530 $1,369,685 $410,905 $958,780
2022 $16,358 $1,342,830 $402,849 $939,981
2021 $15,945 $1,316,500 $394,950 $921,550
2020 $14,833 $1,224,000 $367,200 $856,800
2019 $14,615 $1,200,000 $360,000 $840,000
2018 $11,551 $927,180 $278,154 $649,026
2017 $3,257 $233,172 $233,172 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40919259

Bay East Association of REALTORS®

APN: 092-0258-155-00