5672 Forbes Dr Newark, CA 94560
Estimated Value: $2,152,000 - $2,374,000
6
Beds
3
Baths
3,636
Sq Ft
$622/Sq Ft
Est. Value
About This Home
This home is located at 5672 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,260,710, approximately $621 per square foot. 5672 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 2, 2020
Sold by
Li Loretta and The Wendy George Trust
Bought by
Li Loretta and The Loretta Li Family Trust
Current Estimated Value
Purchase Details
Closed on
Mar 20, 2010
Sold by
Li Loretta
Bought by
The Wendy George Trust
Purchase Details
Closed on
Nov 22, 2006
Sold by
Chen James
Bought by
Li Loretta S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$215,673
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,045,037
Purchase Details
Closed on
Apr 25, 2003
Sold by
Yip Wai
Bought by
Li Loretta S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 4, 2002
Sold by
Yip Wai
Bought by
Yip Wai and Li Loretta S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
5.62%
Purchase Details
Closed on
Nov 20, 2000
Sold by
Kaufman & Broad South Bay Inc
Bought by
Yip Wai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.62%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Loretta | -- | None Available | |
| The Wendy George Trust | -- | None Available | |
| Li Loretta S | -- | Ticor Title Company | |
| Li Loretta S | -- | Chicago Title Company | |
| Yip Wai | -- | Financial Title Company | |
| Yip Wai | $789,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Loretta S | $380,000 | |
| Closed | Li Loretta S | $392,000 | |
| Closed | Yip Wai | $391,000 | |
| Closed | Yip Wai | $400,000 |
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 | $14,194 | $1,188,118 | $356,554 | $831,564 |
| 2024 | $14,194 | $1,164,824 | $349,563 | $815,261 |
| 2023 | $13,827 | $1,141,988 | $342,710 | $799,278 |
| 2022 | $13,677 | $1,119,601 | $335,992 | $783,609 |
| 2021 | $13,331 | $1,097,648 | $329,404 | $768,244 |
| 2020 | $13,223 | $1,086,396 | $326,027 | $760,369 |
| 2019 | $13,030 | $1,065,097 | $319,635 | $745,462 |
| 2018 | $12,843 | $1,044,217 | $313,369 | $730,848 |
| 2017 | $12,518 | $1,023,746 | $307,226 | $716,520 |
| 2016 | $12,409 | $1,003,677 | $301,203 | $702,474 |
| 2015 | $12,369 | $988,609 | $296,681 | $691,928 |
| 2014 | $11,215 | $900,000 | $270,000 | $630,000 |
Source: Public Records
Map
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