36383 Colbert St, Newark, California 94560, Newark, 94560 - 4 bed, 2 bath
ACTIVE$1,250,000
36383 Colbert St, Newark, California 94560
4Beds
2Baths
1,464Sqft
7,150Lot
Price Vs. Estimate
The estimated value ($1,252,948.555) is $2,948.555 (0%) lower than the list price ($1,250,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7150, living area = 1464.
Top Cons:
Unpermitted/Unaccounted Square Footage: The enclosed sunroom and detached building are not included in the official square footage, which could impact appraisal, financing, and legal use as living space.
Compared to the nearby listings
Price:$1.25M vs avg $1.43M ($-175,000)35%
Size:1,464 sqft vs avg 1,628 sqft38%
Price/sqft:$854 vs avg $83656%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963, this property has undergone significant recent renovations, including a remodeled kitchen and both bathrooms, updated flooring, and a refreshed exterior. The bathrooms, as depicted in the images, showcase modern vanities, fixtures, and contemporary tiling, indicating a recent and stylish update. While the property's core systems (e.g., plumbing, electrical) may be older, the visible and functional living spaces are move-in ready and do not require immediate renovation, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1963
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$854
HOA
-
Days on market
-
Sold On
-
MLS number
41115635
Home ConditionGood
Features
View-
About this home
Beautifully updated Northwest Newark home ready to call home! Recently painted exterior and refreshed landscaping. Remodeled kitchen and both bathrooms. The family room includes a second living area, which can be converted back to a 4th bedroom. Enclosed sunroom not included in square feet. A detached building with a full bathroom offers open space that can be used as an office or bedroom (not included in square feet). Covered side access for your RV, boat, or classic cars! Come take a look and call this home! ***Open House this Sat. 1 to 4***
Condition Rating
Good
Built in 1963, this property has undergone significant recent renovations, including a remodeled kitchen and both bathrooms, updated flooring, and a refreshed exterior. The bathrooms, as depicted in the images, showcase modern vanities, fixtures, and contemporary tiling, indicating a recent and stylish update. While the property's core systems (e.g., plumbing, electrical) may be older, the visible and functional living spaces are move-in ready and do not require immediate renovation, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7150, living area = 1464.
Extensive Modern Updates: The home features a beautifully updated interior with a remodeled kitchen and both bathrooms, along with a recently painted exterior and refreshed landscaping, offering a move-in ready experience.
Versatile Detached Structure: A detached building with a full bathroom provides flexible open space, ideal for an office, guest suite, or potential Accessory Dwelling Unit (ADU), significantly enhancing property utility.
Ample Auxiliary Space: The property includes an enclosed sunroom and the detached building, both not included in the listed square footage, offering more usable space than officially reported.
Dedicated RV/Boat Parking: Covered side access is available for convenient and secure parking of an RV, boat, or classic cars, a valuable amenity for enthusiasts.
Flexible Interior Layout: The family room offers a second living area that can be easily converted back into a 4th bedroom, providing adaptability for evolving family needs.
Cons
Unpermitted/Unaccounted Square Footage: The enclosed sunroom and detached building are not included in the official square footage, which could impact appraisal, financing, and legal use as living space.
Age of Core Systems: Built in 1963, despite cosmetic updates, the property's underlying systems (e.g., plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future investment.
Flexible Bedroom Configuration: The property's 4th bedroom is a potential conversion from a family room, which may not align with buyers seeking a standard, dedicated 4-bedroom layout without additional work.