5648 Forbes Dr Newark, CA 94560
Estimated Value: $1,851,000 - $2,486,000
5
Beds
4
Baths
3,209
Sq Ft
$687/Sq Ft
Est. Value
About This Home
This home is located at 5648 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,205,973, approximately $687 per square foot. 5648 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
May 22, 2019
Sold by
Chen Lixiong
Bought by
Xie Bing and Chen Lixiong
Current Estimated Value
Purchase Details
Closed on
Jun 30, 2009
Sold by
Xe Bing
Bought by
Chen Lixiong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$266,010
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$1,939,963
Purchase Details
Closed on
Aug 26, 2008
Sold by
Xie Bing
Bought by
Chen Lixiong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2008
Sold by
Us Bank Na
Bought by
Chen Lixiong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2008
Sold by
Kelsey Justina Imelda and Kelsey John
Bought by
U S Bank Na and Master Adjustable Rate Mortgage Tr 2006-
Purchase Details
Closed on
Sep 1, 2006
Sold by
Fu Mark Y and Song Mei Chih
Bought by
Kelsey John and Kelsey Justina Imelda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 20, 2000
Sold by
Kaufman & Broad South Bay Inc
Bought by
Fu Mark Y and Song Mei Chih
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xie Bing | -- | None Available | |
| Chen Lixiong | -- | North American Title Company | |
| Chen Lixiong | -- | First American Title Company | |
| Chen Lixiong | $848,000 | First American Title Company | |
| U S Bank Na | $888,289 | Landsafe Title | |
| Kelsey John | $1,100,000 | Alliance Title Company | |
| Fu Mark Y | $677,000 | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Lixiong | $417,000 | |
| Closed | Chen Lixiong | $492,000 | |
| Previous Owner | Kelsey John | $825,000 | |
| Previous Owner | Fu Mark Y | $330,000 |
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 | $13,026 | $1,084,943 | $327,583 | $764,360 |
| 2024 | $13,026 | $1,063,540 | $321,162 | $749,378 |
| 2023 | $12,685 | $1,049,551 | $314,865 | $734,686 |
| 2022 | $12,543 | $1,021,980 | $308,694 | $720,286 |
| 2021 | $12,225 | $1,001,805 | $302,641 | $706,164 |
| 2020 | $12,116 | $998,468 | $299,540 | $698,928 |
| 2019 | $11,939 | $978,897 | $293,669 | $685,228 |
| 2018 | $11,765 | $959,706 | $287,912 | $671,794 |
| 2017 | $11,466 | $940,888 | $282,266 | $658,622 |
| 2016 | $11,362 | $922,445 | $276,733 | $645,712 |
| 2015 | $11,324 | $908,597 | $272,579 | $636,018 |
| 2014 | $10,750 | $868,000 | $260,400 | $607,600 |
Source: Public Records
Map
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