NOT LISTED FOR SALE

5616 Forbes Dr Newark, CA 94560

Estimated Value: $1,700,000 - $2,406,000

5 Beds
3 Baths
3,289 Sq Ft
$653/Sq Ft Est. Value

About This Home

This home is located at 5616 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,148,744, approximately $653 per square foot. 5616 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
Sep 11, 2015
Sold by
Tang Edwarti and Tang Cynthia
Bought by
Cyriac Alex and Cyriac Elecy Ruby
Current Estimated Value
$2,148,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$601,113
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,547,631

Purchase Details

Closed on
Jun 7, 2005
Sold by
Patel Ramesh Chhitubhai and Patel Manuben Ramesh
Bought by
Tang Edward and Tang Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2002
Sold by
Patel Hemant
Bought by
Patel Ramesh Chhitubhai and Patel Manuben Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
6.09%

Purchase Details

Closed on
Oct 11, 2000
Sold by
Kaufman & Broad South Bay Inc
Bought by
Patel Ramesh Chhitubhai and Patel Manuben Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,050
Interest Rate
7.87%

Purchase Details

Closed on
Oct 6, 2000
Sold by
Patel Rachna H
Bought by
Patel Hemant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,050
Interest Rate
7.87%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cyriac Alex $975,000 North American Title Co Inc
Tang Edward $1,035,000 Commonwealth Land Title Co
Patel Ramesh Chhitubhai $56,000 American Title Company
Patel Ramesh Chhitubhai $713,000 First American Title Co
Patel Hemant -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyriac Alex $780,000
Previous Owner Tang Edward $320,000
Previous Owner Patel Ramesh Chhitubhai $561,000
Previous Owner Patel Ramesh Chhitubhai $570,050
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 $13,810 $1,154,175 $346,252 $807,923
2024 $13,810 $1,131,545 $339,463 $792,082
2023 $13,453 $1,109,364 $332,809 $776,555
2022 $13,306 $1,087,611 $326,283 $761,328
2021 $12,969 $1,066,288 $319,886 $746,402
2020 $12,861 $1,055,358 $316,607 $738,751
2019 $12,674 $1,034,670 $310,401 $724,269
2018 $12,492 $1,014,390 $304,317 $710,073
2017 $12,176 $994,500 $298,350 $696,150
2016 $12,068 $975,000 $292,500 $682,500
2015 $11,966 $955,000 $286,500 $668,500
2014 $10,547 $844,000 $253,200 $590,800
Source: Public Records

Map

California Alameda County Newark 94560

5616 Forbes Dr, Newark, CA

Not Listed for Sale

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