NOT LISTED FOR SALE

5552 Forbes Dr Newark, CA 94560

Estimated Value: $1,914,000 - $2,433,000

5 Beds
4 Baths
3,209 Sq Ft
$682/Sq Ft Est. Value

About This Home

This home is located at 5552 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,189,104, approximately $682 per square foot. 5552 Forbes Dr is a home located in Alameda County with nearby schools including Birch Grove Intermediate School, Newark Junior High School, and Newark Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2005
Sold by
Medeiros Luis A
Bought by
Medeiros Luis A and Mendonca Maria
Current Estimated Value
$2,189,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$220,057
Interest Rate
4.92%
Mortgage Type
Negative Amortization
Estimated Equity
$1,969,047

Purchase Details

Closed on
Nov 22, 2002
Sold by
Mendonca Maria and Medeiros Luis A
Bought by
Medeiros Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.06%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Kb Home South Bay Inc
Bought by
Mendonca Maria and Medeiros Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Medeiros Luis A $228,000 Financial Title Company
Medeiros Luis A -- Financial Title Company
Mendonca Maria -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medeiros Luis A $455,000
Closed Medeiros Luis A $455,000
Closed Mendonca Maria $450,000
Source: Public Records

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 $13,514 $1,128,075 $339,149 $795,926
2024 $13,514 $1,105,825 $332,501 $780,324
2023 $13,162 $1,091,009 $325,983 $765,026
2022 $13,015 $1,062,621 $319,592 $750,029
2021 $12,685 $1,041,652 $313,327 $735,325
2020 $12,576 $1,037,903 $310,115 $727,788
2019 $12,391 $1,017,557 $304,036 $713,521
2018 $12,211 $997,611 $298,076 $699,535
2017 $11,901 $978,057 $292,234 $685,823
2016 $11,794 $958,886 $286,506 $672,380
2015 $11,755 $944,488 $282,204 $662,284
2014 $10,714 $865,000 $259,500 $605,500
Source: Public Records

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