$2,500,000
SOLD APR 25, 2025

5688 Forbes Dr Newark, CA 94560

5 Beds
3.5 Baths
3,209 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$779 Per Sq Ft

4% Above List Price

13 Days on Market

Highlights

  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Contemporary Architecture
  • Soaking Tub in Primary Bathroom
  • Attic

About This Home

As of April 2025

Beautifully updated 5-bedroom, 3.5-bath home offers the perfect blend of modern upgrades and practical living. With two primary suites, including one on the ground floor, this home is perfect for multigenerational living or a growing family. Step inside to fresh interior paint, brand-new Stainless Steel appliances, stylish hardware and new flooring. Enjoy abundant natural light and the privacy of no rear neighbors. The open concept kitchen-family room offers soaring ceilings, island with dining bar and a gas fireplace. From the family room, step out into the low maintenance backyard with a patio, Pergola and fruit trees. Located in one of Newark's most coveted neighborhoods with easy access to schools, shopping, dining, parks, and major commute routes.

Last Agent to Sell the Property

Rebecca Nevarez

SiliconValley MultiFamilyGroup License #01965425

Last Buyer's Agent

Xiaoyan Salvadori

Coldwell Banker Realty License #02026655

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,741

Year Built

  • Built in 2000

Lot Details

  • 5,998 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Back Yard
  • Zoning described as R1

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,209 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Community Details

  • Association fees include landscaping / gardening, maintenance - common area, maintenance - exterior
  • Cedar Place Association

Listing and Financial Details

  • Assessor Parcel Number 092A-1116-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,741

Year Built

Built in 2000

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 3209
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Dining Area in Living Room, Dining Bar, Eat in Kitchen
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 3209
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Attic, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Oversized Tub, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 110
  • HOA Documents: Budget, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior
  • H O A Name Text: Cedar Place
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Newark Unified
  • Elementary School: Birch Grove Intermediate
  • Middle School: Newark Junior High
  • High School: Newark Memorial High
  • High School: 27017
  • Elementary School: 38050
  • Middle School: 27035

Lot Info

  • Parcel Number: 092A-1116-016
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Newark Unified
  • Elementary School Text: Birch Grove Intermediate
  • High School Text: Newark Memorial High
  • Middle School Text: Newark Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Apr 7, 2025
Sold by
Chen Yu-Chen Jenny and Chen Bih-Er Chung
Bought by
Mitra Rebanta and Mitra Swati
Seller's Agent
Rebecca Nevarez
SiliconValley MultiFamilyGroup
Buyer's Agent
Xiaoyan Salvadori
Coldwell Banker Realty
List Price
$2,399,888
Sold Price
$2,500,000
Premium/Discount to List
$100,112
4.17%
Total Days on Market
13
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.24%
Original Mortgage
$1,000,000
Outstanding Balance
$998,905
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,372,790

Purchase Details

Closed on
Feb 5, 2001
Sold by
Kb Home South Bay Inc
Bought by
Chen Yu Chen Jenny and Chen Bih Er Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.75%

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $2,500,000 Chicago Title
Corporate Deed $708,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $281,000 Unknown
Previous Owner $295,600 Unknown
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $2,500,000 +4.2% $779 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $2,399,888 -- $748 / Sq Ft
Source: MLSListings

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
2024 $12,741 $1,038,850 $313,755 $732,095
2023 $12,407 $1,025,346 $307,604 $717,742
2022 $12,267 $998,246 $301,574 $703,672
2021 $11,956 $978,535 $295,660 $689,875
2020 $11,848 $975,431 $292,629 $682,802
2019 $11,674 $956,308 $286,892 $669,416
2018 $11,504 $937,561 $281,268 $656,293
2017 $11,211 $919,181 $275,754 $643,427
2016 $11,109 $901,163 $270,349 $630,814
2015 $11,073 $887,633 $266,290 $621,343
2014 $10,777 $870,251 $261,075 $609,176
Source: Public Records

Source: MLSListings

MLS Number: ML81997171

MLSListings

APN: 092A-1116-016-00