NOT LISTED FOR SALE

5760 Forbes Dr Newark, CA 94560

Estimated Value: $2,016,000 - $2,505,000

5 Beds
3 Baths
3,289 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $1,860,000 $566 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,271/month

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • Family Room Off Kitchen
  • Wood Flooring
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of August 2021

Take this golden opportunity to own a distinctive and bright 2-story 5 bedrooms, 3 full baths home with 1 large bedroom & 1 full bathroom downstairs. You will love the floor-plan of this home. Double-door grand entry leads to this spacious Mediterranean style home with open floor plan featuring a beautiful foyer w/ high ceiling, a formal living room and a family room w/ gas fireplace. The spacious kitchen has plenty of cabinet space, a large center island, eat-in-area and a large pantry. Electric water heater and dual-zone AC are 1-year new. Easy access to Dumbarton Bridge, I-880 and CA-84. Minutes from BART and train station, Facebook, Newpark Mall, grocery stores and restaurants. HOA fee includes front yard landscaping.

Last Agent to Sell the Property

Prasanna Rangaswamy

Arcus Homes License #01974788 Listed on: 07/26/2021

Last Buyer's Agent

Joseph Sabeh

Golden Gate Sotheby's Int'l License #01295925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,000 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electricity To Lot Line

Community Details

  • Association fees include common area maintenance, management fee, reserves
  • Cedar Place Association, Phone Number (888) 277-5580

Listing and Financial Details

  • Assessor Parcel Number 92A111625

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

6,000 Sq Ft Lot

HOA Fees

$130 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.137
  • Subdivision Name: Other
  • Directions: Cedar Blvd => Forbes Dr
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Formal Dining Room, Kitchen/Family Combo, Breakfast Nook, Stone Counters, Tile Counters, Kitchen Island, Pantry
  • Window Features: Double Pane Windows, Window Coverings
  • Room Kitchen Features: Breakfast Nook, Counter - Stone, Counter - Tile, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Island, Microwave, Pantry, Range/Oven Built-in, Refrigerator

Exterior Features

  • Lot Features: Regular, Front Yard
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Front Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Zoned, Natural Gas
  • Cooling: Zoned
  • Laundry Features: 220 Volt Outlet, Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 130
  • Association Fee Frequency: Monthly
  • Association Name: CEDAR PLACE
  • Phone: 888-277-5580
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Management Fee, Reserves

Lot Info

  • Lot Size Sq Ft: 6000
  • Parcel Number: 92A111625
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Avula Prudhvi Reddy and Avula Sruthi
Bought by
Skypa Family Trust and Avula
Current Estimated Value
$2,184,173

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 12, 2021
Sold by
Maheshwari Amit and Maheshwari Ritu
Bought by
Kypa Sruthi and Avula Prudhvi Reddy
Seller's Agent
Prasanna Rangaswamy
Arcus Homes
Buyer's Agent
Joseph Sabeh
Golden Gate Sotheby's Int'l
List Price
$1,799,991
Sold Price
$1,860,000
Premium/Discount to List
$60,009
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$1,440,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jun 30, 2021
Sold by
Shi James J and Chou Janet Tao
Bought by
Maheshwari Amit and Maheshwari Ritu
Seller's Agent
Prasanna Rangaswamy
Arcus Homes
Buyer's Agent
Joseph Sabeh
Golden Gate Sotheby's Int'l
List Price
$1,799,991
Sold Price
$1,860,000
Premium/Discount to List
$60,009
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
Chou Janet Tao
Bought by
Shi James J and Chou Janet Tao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Shi James J and Chou Janet Tao
Bought by
Shi James J and Chou Janet Tao

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
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2001
Sold by
Kb Home South Bay Inc
Bought by
Shi James J and Zhou Janet Tao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.06%
Source: Public Records
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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
Skypa Family Trust -- Anthoor Swapna
Kypa Sruthi $1,860,000 Chicago Title Company
Maheshwari Amit $1,800,000 First American Title Company
Shi James J -- None Available
Chou Janet Tao $175,000 First American Title Company
Shi James J -- Chicago Title Company
Shi James J $748,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kypa Sruthi $1,440,000
Previous Owner Maheshwari Amit $1,260,000
Previous Owner Chou Janet Tao $350,000
Previous Owner Shi James J $300,000
Previous Owner Shi James J $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $1,860,000 -- --
02/04/2025 02/04/25 Off Market $1,800,000 -- --
08/25/2021 08/25/21 Sold $1,860,000 +3.3% $566 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,799,991 0.0% $547 / Sq Ft
07/05/2021 07/05/21 Sold $1,800,000 +5.9% $547 / Sq Ft View Prior Sale
06/05/2021 06/05/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,700,000 -- $517 / Sq Ft
Source: Bay East Association of REALTORS®

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 $23,081 $1,973,831 $592,149 $1,381,682
2024 $23,081 $1,935,143 $580,543 $1,354,600
2023 $22,501 $1,897,200 $569,160 $1,328,040
2022 $22,279 $1,860,000 $558,000 $1,302,000
2021 $12,600 $1,034,355 $312,504 $728,851
2020 $12,492 $1,030,679 $309,300 $721,379
2019 $12,308 $1,010,472 $303,236 $707,236
2018 $12,130 $990,663 $297,291 $693,372
2017 $11,821 $971,242 $291,463 $679,779
2016 $11,715 $952,203 $285,750 $666,453
2015 $11,676 $937,907 $281,460 $656,447
2014 $10,571 $853,000 $255,900 $597,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40960155

Bay East Association of REALTORS®

APN: 092A-1116-025-00

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