keepup
7886 Hermitage Ave
Score
58
Newark, CA

7886 Hermitage Ave

1.5M
5 bd • 4 ba • 2,268 sf

Educational Use Only — NOT professional advice. See terms

Property Overview

List Price
$1,499,999
+35%vs 94560
Price/Sq.Ft
$661
-8%vs 94560

Price Analysis

How the list price compares to AI estimate

3.4% above

List Price

$1,499,999

$1400k
$1450k
AI Estimated Range
$1,499,999
-20% Below+20% Above

AI estimates this property's value between $1,400,000 - $1,450,000 based on comparable sales and condition (Confidence: 0%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

4 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$1,400,000

Targets the lower end of recent sale outcomes observed between $1,400,000 and $1,450,000.

How This Was Calculated

The offer reflects the necessary renovations and market conditions. The balanced market and slight cooling trend support a reasonable offer, considering the property's condition and needed investments.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
58
68
Home Condition
75
Natural Light
47
Market Data
⚠️ Limited data
64
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Limited Market Data Available

We recommend obtaining a professional appraisal from a licensed appraiser for an accurate property valuation.

Visual Insights

AI-analyzed spaces with reimagining capabilities

Dead Grass
Dead Grass

Dead Grass

The front yard is mostly dead grass, impacting curb appeal.

Dated Kitchen Cabinets
Dated Kitchen Cabinets

Dated Kitchen Cabinets

The kitchen cabinets are dated and worn.

Outdated Bathrooms
Outdated Bathrooms

Outdated Bathrooms

The bathrooms have outdated fixtures and finishes, including gold accents and older tile.

Weathered Fence
Weathered Fence

Weathered Fence

The backyard fence is weathered and needs repair or replacement.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$15,000

Kitchen Renovation

$15,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Nov
2021
$0Cash Purchase
November 17, 2021
From:Howard J Wooling, Ernestine B Wooling
To:Howard J Wooling, Ernestine B Wooling
Intrafamily Transfer
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$1,499,999
-30%List: $1,499,999+30%
20%
$300,000of $1,499,999
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $6,300/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$399,150
Closing Costs
+$99,150
Down Payment
$300,000
Buyer Agent Fee
$38,250
Loan Fees
$12,000
Title & Escrow
$9,000
Inspections
$900
Transfer Tax
$16,500
Prepaid Expenses
$22,500

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
7 days
vs 40 day average
This home has been listed for 7 days, while homes in this area typically sell in 40 days
Inventory Health
52
homes for sale
34 homes sold last month, indicating 1.5x more supply than demand
Price Dynamics
99.0%
of asking price
Homes typically sell for 1.0% below asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$1,292,500
Current median price
-20.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests softening
Prices are down 2.5% over the last 3 months
3 Months
-2.5%
6 Months
+4.9%
1 Year
-20.5%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market decreasing 13.3% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$1,292,500
3 Months Ago
$915,000
+41.3%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,499,999
Price/sqft
$661
Layout
5 bd4 ba
Days on market
7 daysat time of analysis

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$1,631,250

8.0%

Your price is 8.0% below average

Median Price

$1,675,000

10.4%

Based on 4 recent sales

Price per Sq.Ft

$861

23.2%

Your price is 23.2% below average $/sqft

Comparable Properties

35806 Bettencourt St, Newark, CA 94560
Price: $1,600,000
Sq.Ft: 1,900
Beds/Baths: 6/4
$/Sq.Ft:
$84227.3%
Sale Date: 1/21/2025
8092 Mayhews Landing Road, Newark, CA 94560
Price: $1,575,000
Sq.Ft: 1,946
Beds/Baths: 4/3
$/Sq.Ft:
$80922.4%
Sale Date: 5/9/2025
7534 Birkdale Dr, Newark, CA 94560
Price: $1,675,000
Sq.Ft: 1,869
Beds/Baths: N/A/N/A
$/Sq.Ft:
$89635.5%
Sale Date: 4/9/2025
7534 Birkdale Dr, Newark, CA 94560
Price: $1,675,000
Sq.Ft: 1,869
Beds/Baths: 5/3
$/Sq.Ft:
$89635.5%
Sale Date: 4/9/2025

Schools

Nearby school quality by education level

Elementary

5.3/10
Average

Middle

4.0/10
Average

High

5.0/10
Average

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

53/100
Average

Based on data from Newark Police Department

Total Crime Rate
2037.5
per 100,000 residents
Violent Crime Rate
149.5
per 100,000 residents
Property Crime Rate
1883.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
149
Property Crimes
2,061
2023
Violent Crimes
150
0.7%
Property Crimes
1,715
16.8%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly check the ground floor bedroom and bathroom for any signs of moisture, water stains, or mold, especially around the baseboards, shower/tub, and toilet.

Inspect the foundation for any cracks, especially around the perimeter of the house. Look for signs of settling or shifting.

Educational Questions

Sample questions for educational purposes

Can you provide any documentation regarding the age and condition of the roof? Has it been inspected recently?

Are there any known issues with the foundation, plumbing, or electrical systems? Have there been any repairs or upgrades in the past 5 years?

The listing mentions the home is ideal for multi-generational living. Were any specific modifications made to accommodate this, and are they permitted?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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