NOT LISTED FOR SALE

36166 Forestwood Dr Newark, CA 94560

Estimated Value: $1,794,000 - $2,089,000

4 Beds
2.5 Baths
2,322 Sq Ft
$837/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,560,000 $672 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,965/month

6 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Dining Area
  • 2 Car Attached Garage
  • Ceiling Fan
  • 1-Story Property

About This Home

As of January 2021

Built in 2017, this stunning single level 4B 2.5B home features recessed lighting, gorgeous hardwood flooring and high ceiling with molding throughout. The open concept large family room and kitchen combo is full of natural light. The kitchen has great amounts of counter space, a fantastic center island, and upgraded modern range hood. Extra large sized master bedroom suite with huge walk-in closet, double sink vanity, shower space, and plenty of natural lights as well. All guest rooms are comfortable sized and with closets. Special designed workstation is perfect for working from home. Large backyard among newly built houses in bay area with customized fountain and grape rack. Nice, quiet, and convenient neighborhood with easy access to major supermarkets, restaurants and community parks. Excellent commuter-friendly LOCATION, with easy access to highway 880 and Dumbarton Bridge, just a short drive to major tech companies like Facebook, Google, Tesla, and more. Definitely a MUST SEE!

Last Agent to Sell the Property

Jason Shi

Morgan Real Estate License #01973476 Listed on: 12/08/2020

Last Buyer's Agent

Veena Grover

Bay East AOR License #00918345

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Lot Details

  • 5,253 Sq Ft Lot

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include common area electricity, maintenance - road
  • Classics At Ruschin Association

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

0

HOA Fees

$153 per month

Parking

2

Listing Details

  • Zoning: R
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2322
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 2322
  • Stories: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Classics at Ruschin
  • HOA Fees: 153
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: Classics at Ruschin

Lot Info

  • Lot Acres: 0.1206
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5253.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5253.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 5, 2021
Sold by
Shi Yijie and Yan Gengtao
Bought by
Yedal Ratnakar and Yedal Geetadevi Ratnakar
Seller's Agent
Jason Shi
Morgan Real Estate
Buyer's Agent
Veena Grover
Bay East AOR
List Price
$1,498,888
Sold Price
$1,560,000
Premium/Discount to List
$61,112
4.08%
Current Estimated Value
$1,942,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,396
Avg. Annual Appreciation
4.48%
Original Mortgage
$1,188,000
Outstanding Balance
$1,060,294
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$882,102

Purchase Details

Closed on
Nov 14, 2017
Sold by
Classic 36120 Ruschin Lp
Bought by
Yan Gengtao and Shi Yijie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yedal Ratnakar $1,560,000 Chicago Title Company
Yan Gengtao $1,294,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yedal Ratnakar $1,188,000
Previous Owner Yan Gengtao $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $1,560,000 +4.1% $672 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,498,888 -- $646 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,855 $1,688,574 $506,572 $1,182,002
2024 $19,855 $1,655,471 $496,641 $1,158,830
2023 $19,352 $1,623,023 $486,907 $1,136,116
2022 $19,156 $1,591,200 $477,360 $1,113,840
2021 $16,280 $1,353,108 $408,064 $952,044
2020 $16,170 $1,346,173 $403,883 $942,290
2019 $15,931 $1,319,778 $395,964 $923,814
2018 $15,784 $1,293,900 $388,200 $905,700
2017 $3,750 $316,315 $316,315 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81822629

MLSListings

APN: 092A-2602-024-00