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7181 Arbeau Drive

7181 Arbeau Drive, Newark, CA 94560
Property in Newark
Sold May 29, 2015
$815,000
$466,682 by Hsbc Bank Usa
Mortgage Due Dec 01, 2046
Sold Nov 13, 2012
$480,000
$417,175 by Prospect Mortgage Llc
Mortgage Due Dec 01, 2042
Local assessors in Newark, CA have categorized 7181 Arbeau Drive as a residential type of property. The home was built in 1976 and is 48 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 4,050 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 460 ft. 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 7 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7181 Arbeau Drive has a total of 1,950 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7181 Arbeau Drive was last sold in May 19, 2015 for $815,000. According to our calculations, that's $417.95 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Oct 26, 2012. Current property owners are expected to pay $11,393 in taxes per year. The property on 7181 Arbeau Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $922,987. To break that down further, the land itself was valued at $276,896. While improvements to the property were assessed at a total of $646,091. 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. 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!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: 1976
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,050
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00077 BLK: TR: 3552

Ownership

  • Current Owner : CHENG FONG CHING
  • Current Owner 2: FAN JING
  • Previous Owner : PENISETTY RAMESH KUMAR
  • Owner Before Previous Owner: BROKES ALFRED L
  • Owner Before Previous Owner 2: BROKES VALLE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444200

Geography

  • Assessors Map Reference: 87-B5
  • Subdivision Tract Number: 3552
  • Parcel: 92A-502-85
  • Lot: 77
  • Municipality: CITY OF NEWARK
  • Latitude: 37.54
  • Longitude: -122.051

    Address

  • Full Address: 7181 Arbeau Dr
  • Address - House Number: 7181
  • Address - Street Name: Arbeau
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newark
  • Carrier Code: C034
  • 4-Digit Zip Code: 1625
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,393
  • Tax Rate Code Area: 11-010

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,466,574
  • High Value: 1,722,329
  • Low Value: 1,210,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,682
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Nov 29, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $466,682
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $922,987
  • Assessed Land Value: $276,896
  • Assessed Improvements Value: $646,091

    Sales

  • Current Sale Contract Date: May 19, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Transaction ID: 1210912701
  • Current Sale Price: $815,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015142034
  • Previous Sale Recording Date: Nov 13, 2012
  • Previous Sale Contract Date: Oct 26, 2012
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 29, 2015
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 13, 2012
  • Previous Mortgage Loan Amount: $417,175
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2042

About Newark



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Frequently Asked Questions

What neighborhood is 7181 Arbeau Drive located in?
The 7181 Arbeau Drive is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 7181 Arbeau Drive?
The average sales price for units in 7181 Arbeau Drive is $0 currently.

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