NOT LISTED FOR SALE

5579 Forbes Dr Newark, CA 94560

Estimated Value: $2,023,221

5 Beds
3 Baths
3,636 Sq Ft
$556/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,510,000 $415 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,313/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • 3 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Tile Countertops

About This Home

As of June 2021

DO NOT DISTURB OCCUPANTS. Located in the Cedar Glen neighborhood, this spacious contemporary style home sitting on a large lot features an open floor plan including a grand entry that flows into an open kitchen with hardwood floors throughout the first floor. The home is a cosmetic fixer that features a huge master bedroom suite, and has the option to be converted into a 6th bedroom. The sunny backyard is made up of both a flagstone patio and extra yard space for potentially putting in grass or planter boxes for gardening, the yard offers the perfect place for hosting barbecues or just simply relaxing.

Last Agent to Sell the Property

Joe Dickerson

Kw Advisors East Bay License #01961649 Listed on: 06/01/2021

Kw Advisors East Bay

Co-Listed By

Maeghan Knowles

Compass License #02088916

Last Buyer's Agent

Nash Mittelman

License #02016179

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,100 Sq Ft Lot
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • 220 Volts In Laundry

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire Sprinkler System

Utilities

  • Zoned Heating and Cooling
  • 220 Volts in Kitchen
  • Gas Water Heater

Community Details

  • Association fees include common area maintenance
  • Cedar Place Association, Phone Number (888) 277-5580
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 92A111672

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$130 per month

Parking

3

Listing Details

  • Stories: 2
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: SAEK01
  • Subdivision Name: Not Listed
  • Directions: thornton ave, cedar blvd, forbes dr
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Self Cleaning Oven, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Family Room, Formal Dining Room, Breakfast Bar, Breakfast Nook, Tile Counters, Kitchen Island, Pantry
  • Window Features: Window Coverings
  • Room Kitchen Features: 220 Volt Outlet, Breakfast Bar, Breakfast Nook, Counter - Tile, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Island, Microwave, Oven Built-in, Pantry, Other, Self-Cleaning Oven

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Sprinklers Back, Sprinklers Front
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Zoned
  • Cooling: Zoned
  • Laundry Features: 220 Volt Outlet, Laundry Room
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt, Playground
  • Association Fee: 130
  • Association Fee Frequency: Monthly
  • Association Name: CEDAR PLACE
  • Phone: 888-277-5580
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint

Lot Info

  • Lot Size Sq Ft: 6100
  • Parcel Number: 92A111672
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Ming Wu and Ming Wei
Bought by
Wu Xiangming
Current Estimated Value
$2,023,221

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 15, 2021
Sold by
Hammersley Mary Elizabeth and Tellefsen Robert E
Bought by
Wu Xiangming and Li Wei Ming
Seller's Agent
Joe Dickerson
Kw Advisors East Bay
Buyer's Agent
Nash Mittelman
List Price
$1,500,000
Sold Price
$1,510,000
Premium/Discount to List
$10,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Jan 29, 2007
Sold by
Famalett George and Cisneros Laura
Bought by
Tellefsen Robert E and Hammersley Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Sahota Amritpal and Sahota Mandeep
Bought by
Famalett George and Cisneros Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Kb Home South Bay Inc
Bought by
Sahota Amritpal and Sahota Mandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
8.04%
Source: Public Records
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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
Wu Xiangming -- Charles Zhangi Cvs & Associate
Wu Xiangming $1,510,000 Old Republic Title Company
Tellefsen Robert E $1,057,500 Chicago Title Co
Famalett George $822,500 North American Title Company
Sahota Amritpal -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tellefsen Robert E $846,000
Previous Owner Famalett George $650,000
Previous Owner Sahota Amritpal $544,000
Closed Famalett George $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,510,000 -- --
06/17/2021 06/17/21 Sold $1,510,000 +0.7% $415 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,500,000 -- $413 / Sq Ft
Source: Bay East Association of REALTORS®

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 $19,243 $1,634,453 $490,336 $1,144,117
2024 $19,243 $1,602,411 $480,723 $1,121,688
2023 $18,755 $1,571,003 $471,301 $1,099,702
2022 $18,564 $1,540,200 $462,060 $1,078,140
2021 $15,688 $1,301,845 $392,653 $916,192
2020 $15,578 $1,295,426 $388,628 $906,798
2019 $15,348 $1,270,035 $381,010 $889,025
2018 $15,128 $1,245,141 $373,542 $871,599
2017 $14,744 $1,220,734 $366,220 $854,514
2016 $12,970 $1,058,000 $317,400 $740,600
2015 $12,422 $1,000,000 $300,000 $700,000
2014 $11,132 $900,000 $270,000 $630,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40952340

Bay East Association of REALTORS®

APN: 092A-1116-072-00