37515 Sea Bank St, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath

37515 Sea Bank St, Newark, California 94560 home-pic-0
ACTIVE$1,967,000$2,475/sqft
Est. Value: $1,755,054
-10%
AboveEstimate
37515 Sea Bank St, Newark, California 94560
4Beds
3Baths
2,475Sqft
2,457Lot

Price Vs. Estimate

The estimated value ($1,755,053.695) is $211,946.305 (10%) lower than the list price ($1,967,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2021, this home features a contemporary open-concept layout with 10-ft and 11-ft ceilings, extended windows, recessed lighting, and luxury bamboo blinds, offering a fresh and stylish living environment.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2457, living area = 2475.

Compared to the nearby listings

Price:$1.97M vs avg $1.42M (+$549,474.5)91%
Size:2,475 sqft vs avg 1,631 sqft88%
Price/sqft:$795 vs avg $82843%

More Insights

Built in 2021 (5 years old).
Condition: This property was built in 2021, making it virtually new. The description highlights a chef's kitchen with high-end Bertazzoni appliances, granite countertops, and a subway tile backsplash, along with a spa-like primary ensuite featuring a soaking tub, dual vanities, and an oversized shower. Images confirm modern, high-quality finishes, new flooring (tile and LVP), recessed lighting, and well-maintained systems throughout. Energy-efficient features like owned solar panels and a tankless water heater further support its excellent condition, with no signs of deferred maintenance.
Year Built
2021
Close
-
List price
$1.97M
Original List price
$1.97M
Price/Sqft
$795
HOA
$240
Days on market
-
Sold On
-
MLS number
41119608
Home ConditionExcellent
Features
Patio
View-

About this home

North-facing home blends style and functionality with 4 spacious bedrooms, 3 full bathrooms, and 2,476 sq. ft. designed with Vaastu principles.The main level features Bedroom and Full bathroom, perfect for guests or multigenerational living. A versatile loft adds flexibility, and sun-filled windows create a warm atmosphere. The open-concept Great Room has 10-ft ceilings, extended windows, recessed lighting, and luxury bamboo blinds. The chef’s kitchen offers high-end touches, including a subway tile backsplash, built-in microwave & wine rack, a 6-burner Bertazzoni gas range, granite countertops, and a large island. The primary suite boasts 11-ft ceilings, a spa-like ensuite with a soaking tub, dual vanities, oversized shower, walk-in closet, and multi-directional blinds. Energy-efficient features include owned solar panels, a tankless water heater, and dual-pane windows. The finished 2-car garage has epoxy flooring, custom cabinets, and an EV charging point. The backyard oasis features a stylish paver patio surrounded by greenery.Come see this beautiful home for yourself.OPEN HOUSE SAT/SUN

G
Gagan Singh
Listing Agent

Price History

Date
Event
Price
12/29/21
Sold
$1,732,500
Condition Rating
Excellent

This property was built in 2021, making it virtually new. The description highlights a chef's kitchen with high-end Bertazzoni appliances, granite countertops, and a subway tile backsplash, along with a spa-like primary ensuite featuring a soaking tub, dual vanities, and an oversized shower. Images confirm modern, high-quality finishes, new flooring (tile and LVP), recessed lighting, and well-maintained systems throughout. Energy-efficient features like owned solar panels and a tankless water heater further support its excellent condition, with no signs of deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, this home features a contemporary open-concept layout with 10-ft and 11-ft ceilings, extended windows, recessed lighting, and luxury bamboo blinds, offering a fresh and stylish living environment.
Gourmet Kitchen & Luxurious Primary Suite: The chef's kitchen boasts high-end touches including a 6-burner Bertazzoni gas range, granite countertops, and a large island. The primary suite offers a spa-like ensuite with a soaking tub, dual vanities, and an oversized shower.
Exceptional Energy Efficiency: Equipped with owned solar panels, a tankless water heater, and dual-pane windows, the property offers significant energy savings and a reduced environmental footprint.
Flexible Living Arrangements: A main-level bedroom and full bathroom are ideal for guests or multigenerational living, complemented by a versatile loft that can serve various purposes.
Upgraded Garage & Outdoor Oasis: The finished 2-car garage includes epoxy flooring, custom cabinets, and an EV charging point, while the backyard features a stylish paver patio surrounded by greenery, perfect for relaxation.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2457, living area = 2475.
Monthly HOA Fees: The property is subject to a monthly association fee of $240.00, which adds a recurring cost to homeownership.
Compact Lot Size: With a lot size of 2457 sqft, which is smaller than the home's 2476 sqft, outdoor space is limited, potentially impacting privacy and opportunities for extensive landscaping or recreation.
Absence of Central Air Conditioning Mention: While the home is new and energy-efficient, the description does not explicitly state the presence of central air conditioning, which is a desirable feature for many buyers in California's climate.
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