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39728 Potrero Drive

39728 Potrero Drive, Newark, CA 94560
Property in Newark
Sold Apr 11, 2022
$1,451,500
$1,456,000 by Golden 1 Credit Union
Mortgage Due May 01, 2052
Sold Apr 20, 2016
$740,000
$576,000 by Commerce Mortgage
Mortgage Due May 01, 2046
39728 Potrero Drive in Newark, CA was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 39728 Potrero Drive has 1,388 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,950 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 39728 Potrero Drive sold most recently in Mar 25, 2022 for a total of $1,451,500. If you work out the math, that's approximately a cost of $1,045.75 per sqft. Before that, the property was also sold for $740,000 in Mar 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,116 in taxes each year. 39728 Potrero Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $818,470. If we break it down further, the land itself was valued at $247,641. Improvements to the property, however, were assessed at a total of $577,829. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,950
  • Total Building Area: 1,388
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 5869
  • Land Acres: 0.045
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00008 BLK: TR: 5869

Ownership

  • Current Owner : BHAT TUSHAR
  • Current Owner 2: VERMA SHREEYA
  • Previous Owner : KUMAR
  • Previous Owner 2: SHILPA
  • Owner Before Previous Owner: PETERS ANITA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444602

Geography

  • Assessors Map Reference: 107-2
  • Subdivision Tract Number: 5869
  • Parcel: 901-191-88
  • Lot: 8
  • Municipality: CITY OF NEWARK
  • Latitude: 37.518
  • Longitude: -121.994

    Address

  • Full Address: 39728 Potrero Dr
  • Address - House Number: 39728
  • Address - Street Name: Potrero
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newark
  • Carrier Code: C022
  • 4-Digit Zip Code: 5607
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,116
  • Tax Rate Code Area: 11-003

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 1,250,167
  • High Value: 1,477,970
  • Low Value: 1,022,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,456,000
  • First Open Lien Mortgage Lender: GOLDEN 1 CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,456,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $818,470
  • Assessed Land Value: $247,641
  • Assessed Improvements Value: $577,829

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Transaction ID: 11886033528
  • Current Sale Price: $1,451,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 72585
  • Previous Sale Recording Date: Apr 20, 2016
  • Previous Sale Contract Date: Mar 22, 2016
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN 1 CREDIT UNION
  • First Mortgage Transaction Date: Apr 11, 2022
  • First Mortgage Loan Amount: $1,456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 20, 2016
  • Previous Mortgage Loan Amount: $576,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 39728 Potrero Drive located in?
The 39728 Potrero Drive is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 39728 Potrero Drive?
The average sales price for units in 39728 Potrero Drive is $0 currently.

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