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36391 Cherry Street, Newark, California 94560, Newark, 94560 - 3 bed, 2 bath

36391 Cherry Street, Newark, California 94560 home-pic-0
ACTIVE$1,136,391$1,442/sqft
Est. Value: $1,207,312
6%
BelowEstimate
36391 Cherry Street, Newark, California 94560
3Beds
2Baths
1,442Sqft
6,873Lot

Price Vs. Estimate

The estimated value ($1,207,311.665) is $70,920.665 (6%) higher than the list price ($1,136,391). This property may be underpriced.

Key pros and cons

Top Pros:
Extensive Modern Upgrades: The property is described as 'stunningly updated' and 'move-in-ready' with 'thoughtful upgrades,' indicating significant investment in modernization and reducing immediate buyer expenses.
Top Cons:
Original Construction Year: Despite extensive updates, the home was built in 1960, which may raise questions about the original foundation, plumbing (if not updated), or other structural elements not explicitly mentioned as replaced.

Compared to the nearby listings

Price:$1.14M vs avg $1.41M ($-273,634.5)24%
Size:1,442 sqft vs avg 1,627.5 sqft36%
Price/sqft:$788 vs avg $82842%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The kitchen is virtually new with modern white cabinetry, quartz countertops, stainless steel appliances (including a high-end range), and new tile flooring. The description highlights updated electrical, a newer electrical panel, modern lighting, central heating and AC, double-pane windows, a newer roof, and owned solar panels, indicating comprehensive upgrades to major systems. The visible hardwood floors are well-maintained, and the overall aesthetic is fresh and contemporary, requiring no immediate renovations.
Year Built
1960
Close
-
List price
$1.14M
Original List price
$1.14M
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027397
Home ConditionExcellent
Features
View-

About this home

Welcome to this stunningly updated single-story gem in one of Newarks most sought-after neighborhoods! This move-in-ready home is packed with thoughtful upgrades that blend comfort, style, and functionality. The kitchen and dining area have been remodeled, creating a bright, functional space ideal for everyday living and entertaining. Major improvements include updated electrical wiring, a newer electrical panel, and modern lightings throughout every room, offering peace of mind and a fresh, contemporary feel. Enjoy year-round comfort with central heating and AC, double-pane windows, a newer roof, owned solar panels, and a whole-house fan for energy efficiency. The location is unbeatable, minutes from Silicon Valley, top shopping destinations, Costco, schools, and fantastic dining. With a well-designed floor plan, spacious living areas, and a sprawling backyard ready for gatherings or relaxation, this home truly has it all. Dont miss this incredible opportunity!

C
Cindy Yang
Listing Agent

Price History

Date
Event
Price
05/26/21
Sold
$1,100,000
Condition Rating
Excellent
Despite being built in 1960, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The kitchen is virtually new with modern white cabinetry, quartz countertops, stainless steel appliances (including a high-end range), and new tile flooring. The description highlights updated electrical, a newer electrical panel, modern lighting, central heating and AC, double-pane windows, a newer roof, and owned solar panels, indicating comprehensive upgrades to major systems. The visible hardwood floors are well-maintained, and the overall aesthetic is fresh and contemporary, requiring no immediate renovations.
Pros & Cons

Pros

Extensive Modern Upgrades: The property is described as 'stunningly updated' and 'move-in-ready' with 'thoughtful upgrades,' indicating significant investment in modernization and reducing immediate buyer expenses.
Energy Efficiency & Modern Comforts: Equipped with central heating and AC, double-pane windows, a newer roof, owned solar panels, and a whole-house fan, ensuring year-round comfort and lower utility costs.
Remodeled Kitchen & Dining: The kitchen and dining area have been specifically remodeled, creating a 'bright, functional space' which is a key selling point for modern living.
Updated Electrical Infrastructure: Major improvements include updated electrical wiring, a newer electrical panel, and modern lighting, providing safety and peace of mind for an older home.
Prime Location & Accessibility: The location is 'unbeatable,' offering proximity to Silicon Valley, top shopping destinations (Costco), schools, and dining, appealing to a broad range of buyers.

Cons

Original Construction Year: Despite extensive updates, the home was built in 1960, which may raise questions about the original foundation, plumbing (if not updated), or other structural elements not explicitly mentioned as replaced.
Modest Square Footage: With 1442 sqft, the living space is functional but may be considered modest for some buyers, particularly larger families or those seeking more expansive interiors in the Bay Area market.
Unspecified High School District: The high school district is listed as 'Other,' which could be a point of concern or require further investigation for buyers prioritizing specific school ratings in a competitive market.
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