3 months on rocket

37281 Olive St, Newark, CA, 94560

$1,943,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,570 SqFt
$756/SqFt
House

Location

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37281 Olive St, Newark$1,943,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
FireplaceNone
MLS #41073031
Lot Size0.08 Acres
StatusActive

About 37281 Olive St

One of only 2 homes remaining at Magnolia Homes! Experience luxury and comfort as the first to own this sparkling single-family new construction home, complete with the peace of mind of a 10-year new home warranty. This home enjoys 5 bedrooms 3.5 bathrooms and 2,570 square feet of thoughtfully designed living space and a full suite of premium modern finishes. Chef's kitchen with stainless steel appliances, quartz counter tops, expansive eat-in island, pendant lighting and custom cabinets. Luxurious primary suite offers generously sized living space, expansive custom-finished walk-in closet and an en suite bath with walk-in glass shower, and dual vanities. Also featuring laundry room with folding area, sink and storage, 2-car attached garage, and fully landscaped front and back yards. Conveniently located directly just across the Dumbarton bridge from Meta HQ with easy access to many other major employers.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Living Area: 2,570 SqFt

Listing Office:

  • Office Name: Realsmart Properties
  • Office Phone: (650) 363-2808
  • Listing Agent: Denis Vorrises

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Breakfast Bar, Breakfast Area
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Dumbarton - Thornton - Olive Cross Street: Thornton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,943,000
  • Price Per SqFt: $756/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Newark, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$816

Avg. Days On Market

14

# of Sold Homes

19

37281 Olive St vs Newark

95 DAYS ON ROCKET

+81 Days

$1,943,000

+$643K More

$756/SqFt

-$60 Less

KEY TAKEAWAY

This property is $643K more than the Median Sold Price and $60/SqFt less than other homes in Newark, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41073031

Listing Office:

  • Office Name: Realsmart Properties
  • Office Phone: (650) 363-2808
  • Listing Agent: Denis Vorrises

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,892

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4340948
6
/10
  • Birch Grove Intermediate

  • 37490 Birch St

  • 0.66 miles

  • Public District Grades 3-6

school-card-donut-4340949
3
/10
  • A. L. Schilling Elementary

  • 36901 Spruce St

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-4340950
4
/10
  • James Graham Elementary

  • 36270 Cherry St

  • 0.85 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,599. Residents of Newark, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37281 Olive St

What is the listing price of this property?

The listing price of 37281 Olive St property is $1,943,000.

What type of property is this?

The property 37281 Olive St is a house located in Newark, California, 94560.

Is this property for sale now?

Active Listing: 37281 Olive St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 37281 Olive St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 37281 Olive St is 2,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 37281 Olive St is 2024.

Rocket HomesCaliforniaAlameda CountyNewark9456037281 Olive St

This home is located at 37281 Olive St in Newark, CA and zip code 94560. This 2,570 square foot home, which was built in 2024, sits on a 0.08 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,943,000.

In November 2024 more than 14 listings in Newark, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. In November 2024 in Newark, CA there were 33% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,300,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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