NOT LISTED FOR SALE

5648 Forbes Dr Newark, CA 94560

Estimated Value: $2,024,000 - $2,506,000

5 Beds
4 Baths
3,209 Sq Ft
$675/Sq Ft Est. Value

About This Home

This home is located at 5648 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,166,565, approximately $675 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
$2,166,565

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
$1,900,555

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
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 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 $13,026 $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

California Alameda County Newark 94560

5648 Forbes Dr, Newark, CA

Not Listed for Sale

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