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6427 Lotus Court

6427 Lotus Court, Newark, CA 94560
House in Newark
Sold Jan 03, 2020
$962,000
$769,600 by American Pacific Mortgage
Mortgage Due Jan 01, 2050
6427 Lotus Court 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 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 8 rooms. 4 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, 6427 Lotus Court has 1,522 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,190 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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. According to our sources, there are a total of 2 available parking spaces. 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. 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, 6427 Lotus Court sold most recently in Dec 30, 2019 for a total of $962,000. If you work out the math, that's approximately a cost of $632.06 per sqft. 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 $12,106 in taxes each year. 6427 Lotus Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $984,398. If we break it down further, the land itself was valued at $309,168. Improvements to the property, however, were assessed at a total of $682,230. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 8,190
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00065 BLK: TR: 2418

Ownership

  • Current Owner : FU DANNY
  • Current Owner 2: FU JOANNA
  • Previous Owner : SANCHEZ SHAYLA A
  • Previous Owner 2: RIDER JASON A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444601

Geography

  • Assessors Map Reference: 107-A1
  • Subdivision Tract Number: 2418
  • Parcel: 92A-2552-20
  • Lot: 65
  • Municipality: CITY OF NEWARK
  • Latitude: 37.5236
  • Longitude: -122.014

    Address

  • Full Address: 6427 Lotus Ct
  • Address - House Number: 6427
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Newark
  • Carrier Code: C031
  • 4-Digit Zip Code: 4921
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,106
  • Tax Rate Code Area: 11-003

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,291,750
  • High Value: 1,520,074
  • Low Value: 1,063,425

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $769,600
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 03, 2020
  • First Open Lien Mortgage Loan Amount: $769,600
  • 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: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $984,398
  • Assessed Land Value: $309,168
  • Assessed Improvements Value: $682,230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11724588264
  • Current Sale Price: $962,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020001511

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $769,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Newark



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Frequently Asked Questions

What neighborhood is 6427 Lotus Court located in?
The 6427 Lotus Court is a house located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 6427 Lotus Court?
The average sales price for units in 6427 Lotus Court is $0 currently.

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