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5551 Tait Court

5551 Tait Court, Newark, CA 94560
Property in Newark
Sold Feb 25, 2021
$1,057,000
$400,000 by Westcoast Mortgage Group & Rea
Mortgage Due Mar 01, 2051
Sold Aug 24, 2018
$830,000
$500,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2048
Nearby Listings
The property has no active listings. Please see other similar options below.
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Unit for sale at 36057 Dalewood Dr, NEWARK, CA 94560

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5551 Tait Court in Newark, CA was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1979. 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 0 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. 5551 Tait Court has 1,469 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 7,590 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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, 5551 Tait Court sold most recently in Feb 18, 2021 for a total of $1,057,000. If you work out the math, that's approximately a cost of $719.54 per sqft. Before that, the property was also sold for $830,000 in Aug 16, 2018. 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 $13,196 in taxes each year. 5551 Tait Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,078,140. If we break it down further, the land itself was valued at $377,400. Improvements to the property, however, were assessed at a total of $700,740. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,590
  • Total Building Area: 1,469
  • Building Area: 1,469
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,469
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00041 BLK: TR: 3884 ;LOT: 00050 BLK: TR: 3884

Ownership

  • Current Owner : MADRIAGA EMELIO
  • Current Owner 2: DELEON KIMBERLY CHAN
  • Previous Owner : KING DAVID DA ON
  • Previous Owner 2: CHENG ZHEN
  • Owner Before Previous Owner: DOMINGO RIZPAH D
  • Owner Before Previous Owner 2: DOMINGO MICHAEL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Newark Unified School District
  • Census Tract: 444500

Geography

  • Assessors Map Reference: 87-E5
  • Subdivision Tract Number: 3884
  • Parcel: 92A-1009-20
  • Lot: 41
  • Municipality: CITY OF NEWARK
  • Latitude: 37.5406
  • Longitude: -122.024

    Address

  • Full Address: 5551 Tait Ct
  • Address - House Number: 5551
  • Address - Street Name: Tait
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Newark
  • Carrier Code: C027
  • 4-Digit Zip Code: 4150
  • Zip Code: 94560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,196
  • Tax Rate Code Area: 11-010

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,242,088
  • High Value: 1,461,635
  • Low Value: 1,022,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: WESTCOAST MORTGAGE GROUP & REA
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,078,140
  • Assessed Land Value: $377,400
  • Assessed Improvements Value: $700,740

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11825581354
  • Current Sale Price: $1,057,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021080815
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESTCOAST MORTGAGE GROUP & REA
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 24, 2018
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Newark



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Property at 5551 Tait Court,

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Property at 5551 Tait Court,

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36057 Dalewood Drive, Newark, CA 94560

Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5551 Tait Court located in?
The 5551 Tait Court is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 5551 Tait Court?
The average sales price for units in 5551 Tait Court is $0 currently.

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