NOT LISTED FOR SALE

5560 Forbes Dr Newark, CA 94560

Estimated Value: $1,760,000 - $2,431,000

4 Beds
3 Baths
3,148 Sq Ft
$635/Sq Ft Est. Value

About This Home

This home is located at 5560 Forbes Dr, Newark, CA 94560 and is currently estimated at $1,997,748, approximately $634 per square foot. 5560 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
Dec 15, 2004
Sold by
Thompson Lori and Cassidy John P
Bought by
Washington Ben E and Washington Joy G
Current Estimated Value
$1,997,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,500
Outstanding Balance
$391,580
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,606,168

Purchase Details

Closed on
Jun 18, 2003
Sold by
Thompson Lori
Bought by
Thompson Lori and Cassidy John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Cassidy John Paul
Bought by
Thompson Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Kb Home South Bay Inc
Bought by
Thompson Lori and Cassidy John Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
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
Washington Ben E $870,000 Multiple
Thompson Lori $290,000 North American Title Company
Thompson Lori $290,000 North American Title Co
Thompson Lori -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Ben E $739,500
Previous Owner Thompson Lori $580,000
Previous Owner Thompson Lori $580,000
Previous Owner Thompson Lori $600,000
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 $14,471 $1,212,588 $363,776 $848,812
2024 $14,471 $1,188,820 $356,646 $832,174
2023 $14,098 $1,165,512 $349,653 $815,859
2022 $13,945 $1,142,666 $342,800 $799,866
2021 $13,592 $1,120,263 $336,079 $784,184
2020 $13,484 $1,108,780 $332,634 $776,146
2019 $13,287 $1,087,047 $326,114 $760,933
2018 $13,096 $1,065,740 $319,722 $746,018
2017 $12,765 $1,044,851 $313,455 $731,396
2016 $12,654 $1,024,371 $307,311 $717,060
2015 $11,785 $940,000 $282,000 $658,000
2014 $10,559 $845,000 $253,500 $591,500
Source: Public Records

Map

California Alameda County Newark 94560

5560 Forbes Dr, Newark, CA

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