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37088 Arden Street, Newark, California 94560, Newark, 94560 - 5 bed, 3 bath

37088 Arden Street, Newark, California 94560 home-pic-0
ACTIVE$1,550,000
37088 Arden Street, Newark, California 94560
5Beds
3Baths
2,084Sqft
8,300Lot

Price Vs. Estimate

The estimated value ($1,616,550.565) is $66,550.565 (4%) higher than the list price ($1,550,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exceptional Location & Amenities: The home offers direct private access to a large park, the Newark Civic Center, a new library, and a planned youth center, making it an ideal setting for families with kids.
Top Cons:
Original Construction Year: Despite extensive renovations, the home's original build year of 1928 might raise concerns for some buyers regarding the age of underlying infrastructure or potential for unforeseen issues.

Compared to the nearby listings

Price:$1.55M vs avg $1.43M (+$125,000)68%
Size:2,084 sqft vs avg 1,630 sqft74%
Price/sqft:$744 vs avg $83629%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, this property has undergone a comprehensive, permitted, and high-end renovation, effectively making it a new home. The kitchen boasts new custom cabinetry, premium stainless steel appliances, and modern countertops. All bathrooms are fully updated with contemporary vanities, fixtures, and stylish tile work. The entire home features new, consistent flooring, recessed lighting, and fresh paint. Significant modern upgrades such as solar panels, a Tesla charger, and dual-pane windows further contribute to its excellent condition and energy efficiency, aligning perfectly with the 'fully renovated recently' criteria.
Year Built
1928
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$744
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024906
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

The quiet home backs directly to a large park with a private gate giving instant access to the Newark Civic Center including a new library and planned youth center - an ideal setting for families with kids. Modern upgrades such as solar panels, Tesla charger and powered skylight, dual pane windows make this home energy efficient. This single-story home is move-in ready, fully renovated with approved permits. It has 5 bedrooms and 3 baths and high-end finishes throughout, including a chefs kitchen with new counters, custom cabinetry, and premium appliances. It features a 2nd master suite at the front overlooks the landscaped yard - perfect for guests or grandparents - while the primary suite includes a generous walk-in closet. The spacious detached garage with private entrance can be converted into a workshop or ADU as desired. Centrally located in a peaceful neighborhood, this home is close to many conveniences such as I-880, Dumbarton Bridge, Meta campus, restaurants, shopping, and more!

Condition Rating
Excellent
Despite being built in 1928, this property has undergone a comprehensive, permitted, and high-end renovation, effectively making it a new home. The kitchen boasts new custom cabinetry, premium stainless steel appliances, and modern countertops. All bathrooms are fully updated with contemporary vanities, fixtures, and stylish tile work. The entire home features new, consistent flooring, recessed lighting, and fresh paint. Significant modern upgrades such as solar panels, a Tesla charger, and dual-pane windows further contribute to its excellent condition and energy efficiency, aligning perfectly with the 'fully renovated recently' criteria.
Pros & Cons

Pros

Exceptional Location & Amenities: The home offers direct private access to a large park, the Newark Civic Center, a new library, and a planned youth center, making it an ideal setting for families with kids.
Extensive Modern & Energy-Efficient Upgrades: Equipped with solar panels, a Tesla charger, powered skylight, and dual-pane windows, significantly enhancing energy efficiency and reducing utility costs.
Fully Renovated with High-End Finishes: This single-story home is move-in ready, fully renovated with approved permits, featuring a chef's kitchen with premium appliances, custom cabinetry, and high-end finishes throughout.
Flexible Living Spaces & ADU Potential: Boasts 5 bedrooms and 3 baths, including a versatile 2nd master suite perfect for guests or multi-generational living, and a spacious detached garage with clear potential for ADU conversion.
Strategic Commuter-Friendly Location: Centrally located in a peaceful neighborhood with convenient access to major freeways (I-880, Dumbarton Bridge), the Meta campus, restaurants, and shopping.

Cons

Original Construction Year: Despite extensive renovations, the home's original build year of 1928 might raise concerns for some buyers regarding the age of underlying infrastructure or potential for unforeseen issues.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in California.
Premium Price Point: With a list price of $1.55 million, the property is positioned at a high price point, which may narrow the potential buyer pool and requires strong market justification.

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