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5886 Fair Avenue

5886 Fair Avenue, Newark, CA 94560
House in Newark
Sold Sep 24, 2019
$640,000
$494,500 by Provident Cu
Mortgage Due Aug 01, 2051
5886 Fair Avenue has been categorized by the local assessors in Newark, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5886 Fair Avenue has 1,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. 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, 5886 Fair Avenue was last sold in Sep 5, 2019 for $640,000. According to our calculations, that's $524.59 per sqft. Current property owners are expected to pay $8,678 in taxes per year. The property on 5886 Fair Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $689,278. To break that down further, the land itself was valued at $360,696. While improvements to the property were assessed at a total of $335,582. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • 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
  • Building Style: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 1414
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00014 BLK: 0006 TR: 1414

Ownership

  • Current Owner : CARABES ALBERTO
  • Current Owner 2: CARABES MAYRA
  • Previous Owner : MUNOZ DAVID L
  • Previous Owner 2: MUNOZ HERLINDA V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444400

Geography

  • Assessors Map Reference: 87-D5
  • Subdivision Tract Number: 1414
  • Parcel: 92A-940-20
  • Block: 6
  • Lot: 14
  • Municipality: CITY OF NEWARK
  • Latitude: 37.5396
  • Longitude: -122.03

    Address

  • Full Address: 5886 Fair Ave
  • Address - House Number: 5886
  • Address - Street Name: Fair
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newark
  • Carrier Code: C032
  • 4-Digit Zip Code: 3114
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,678
  • Tax Rate Code Area: 11-010

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,091,932
  • High Value: 1,322,499
  • Low Value: 861,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,500
  • First Open Lien Mortgage Lender: PROVIDENT CU
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $494,500
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $689,278
  • Assessed Land Value: $360,696
  • Assessed Improvements Value: $335,582

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 24, 2019
  • Current Sale Transaction ID: 11661437262
  • Current Sale Price: $640,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019190642

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Sep 24, 2019
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Newark



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Frequently Asked Questions

What neighborhood is 5886 Fair Avenue located in?
The 5886 Fair Avenue is a house located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 5886 Fair Avenue?
The average sales price for units in 5886 Fair Avenue is $0 currently.

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