5776 Forbes Dr Newark, CA 94560
Estimated Value: $1,757,000 - $2,414,000
5
Beds
4
Baths
3,148
Sq Ft
$646/Sq Ft
Est. Value
About This Home
This home is located at 5776 Forbes Dr, Newark, CA 94560 and is currently estimated at $2,033,842, approximately $646 per square foot. 5776 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
Jun 23, 2020
Sold by
Sridhar Krishnamoorthy and Sridhar Swarnalatha
Bought by
Sridhar Krishnamoorthy and Sridhar Swarnalatha
Current Estimated Value
Purchase Details
Closed on
Jul 11, 2019
Sold by
Irvin Virginia Elizabeth and Irvin Kevin L
Bought by
Sridhar Krishnamoorthy and Sridhar Swarnalatha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,000
Outstanding Balance
$931,539
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,102,303
Purchase Details
Closed on
Aug 12, 2014
Sold by
Irvin Virginia Elizabeth and Oberst Virginia Elizabeth
Bought by
Irvin Virginia Elizabeth and Irvin Kevin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
2.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 13, 2004
Sold by
Mak Chin Michael Shu Chun and Mak Chin Mary Lai
Bought by
Oberst Virginia Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,800
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2001
Sold by
Oberst Gerald P
Bought by
Oberst Virginia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,750
Interest Rate
6.89%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 4, 2001
Sold by
Kb Home South Bay Inc
Bought by
Mak Chin Michael Shu Chun and Mak Chin Mary Lai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,750
Interest Rate
6.89%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 15, 1998
Sold by
Oberst Gerald P
Bought by
Oberst Virginia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.89%
Purchase Details
Closed on
Sep 9, 1998
Sold by
Campbell Duane J
Bought by
Oberst Virginia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.89%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sridhar Krishnamoorthy | -- | None Available | |
| Sridhar Krishnamoorthy | $1,460,000 | First American Title Company | |
| Irvin Virginia Elizabeth | -- | Stewart Title Of Ca Inc | |
| Oberst Virginia Elizabeth | $736,000 | North American Title Company | |
| Oberst Virginia E | -- | -- | |
| Mak Chin Michael Shu Chun | -- | First American Title Guarant | |
| Oberst Virginia E | -- | American Title Co | |
| Oberst Virginia E | $290,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sridhar Krishnamoorthy | $1,095,000 | |
| Previous Owner | Irvin Virginia Elizabeth | $520,000 | |
| Previous Owner | Oberst Virginia Elizabeth | $588,800 | |
| Previous Owner | Mak Chin Michael Shu Chun | $713,750 | |
| Previous Owner | Oberst Virginia E | $275,500 |
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 | $18,816 | $1,596,699 | $628,837 | $967,862 |
| 2024 | $18,816 | $1,565,397 | $616,509 | $948,888 |
| 2023 | $18,338 | $1,534,707 | $604,422 | $930,285 |
| 2022 | $18,150 | $1,504,617 | $592,572 | $912,045 |
| 2021 | $17,688 | $1,475,125 | $580,957 | $894,168 |
| 2020 | $17,578 | $1,460,000 | $575,000 | $885,000 |
| 2019 | $11,542 | $938,038 | $281,411 | $656,627 |
| 2018 | $11,375 | $919,646 | $275,894 | $643,752 |
| 2017 | $11,088 | $901,614 | $270,484 | $631,130 |
| 2016 | $10,988 | $883,935 | $265,180 | $618,755 |
| 2015 | $10,953 | $870,657 | $261,197 | $609,460 |
| 2014 | $10,535 | $843,000 | $252,900 | $590,100 |
Source: Public Records
Map
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