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5155 Elmwood Avenue

5155 Elmwood Avenue, Newark, CA 94560
Property in Newark
Sold Sep 09, 2021
$1,101,000
$822,375 by Home Point Financial Corporati
Mortgage Due Oct 01, 2051
Sold Apr 10, 2014
$555,000
$544,947 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2044
Local assessors in Newark, CA have categorized 5155 Elmwood Avenue as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 5,060 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5155 Elmwood Avenue has a total of 1,145 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5155 Elmwood Avenue was last sold in Sep 2, 2021 for $1,101,000. According to our calculations, that's $961.57 per sqft. Prior to that sales transaction, the property was sold for $555,000 in Mar 19, 2014. Current property owners are expected to pay $13,380 in taxes per year. The property on 5155 Elmwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,094,000. To break that down further, the land itself was valued at $385,000. While improvements to the property were assessed at a total of $716,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,060
  • Total Building Area: 1,145
  • Building Area: 1,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00006 BLK: 0004 TR: 1489

Ownership

  • Current Owner : TRAN TRUNG NGAN
  • Current Owner 2: HOANG NHAT MINH
  • Previous Owner : STITES KIMBERLY
  • Owner Before Previous Owner: ANDERSON YING XIONG
  • Owner Before Previous Owner 2: AMP PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444100

Geography

  • Assessors Map Reference: 87-E3
  • Subdivision Tract Number: 1489
  • Parcel: 92A-987-22
  • Block: 4
  • Lot: 6
  • Municipality: CITY OF NEWARK
  • Latitude: 37.5495
  • Longitude: -122.028

    Address

  • Full Address: 5155 Elmwood Ave
  • Address - House Number: 5155
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newark
  • Carrier Code: C018
  • 4-Digit Zip Code: 2634
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,380
  • Tax Rate Code Area: 11-010

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,198,643
  • High Value: 1,411,782
  • Low Value: 985,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,375
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,094,000
  • Assessed Land Value: $385,000
  • Assessed Improvements Value: $716,000

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11856668515
  • Current Sale Price: $1,101,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021305208
  • Previous Sale Recording Date: Apr 10, 2014
  • Previous Sale Contract Date: Mar 19, 2014
  • Previous Sale Amount: $555,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 10, 2014
  • Previous Mortgage Loan Amount: $544,947
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2044

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Frequently Asked Questions

What neighborhood is 5155 Elmwood Avenue located in?
The 5155 Elmwood Avenue is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 5155 Elmwood Avenue?
The average sales price for units in 5155 Elmwood Avenue is $0 currently.

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