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111 Sherwood Lane

111 Sherwood Lane, Alameda, CA 94502
Property in Bay Farm Island
Sold Nov 02, 2021
$1,795,000
$1,295,000 by Premier Lending Inc
Mortgage Due Nov 01, 2051
Sold Dec 20, 1993
$395,500
$200,000 by Sunbelt Natl Mtg Corp
Mortgage Due Jan 01, 2009
111 Sherwood Lane in Alameda, CA was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 111 Sherwood Lane has 2,256 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Sherwood Lane sold most recently in Oct 26, 2021 for a total of $1,795,000. If you work out the math, that's approximately a cost of $795.66 per sqft. Before that, the property was also sold for $395,500 in Dec 15, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,516 in taxes each year. The initial year of tax delinquency occurred in 2022. 111 Sherwood Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,788,000. If we break it down further, the land itself was valued at $538,500. Improvements to the property, however, were assessed at a total of $1,256,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,256
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00066 BLK: TR: 4402 ;LOT: 00067 BLK: TR: 4402

Ownership

  • Current Owner : ANDERSON KIRK
  • Previous Owner : ALAN E HANLEY AND KATHRYN S HANLEY 2006
  • Owner Before Previous Owner: BERG ROBERT E
  • Owner Before Previous Owner 2: BERG ANNE MARIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428302

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 4402
  • Parcel: 74-1324-125
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7463
  • Longitude: -122.25

    Address

  • Full Address: 111 Sherwood Ln
  • Address - House Number: 111
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Alameda
  • Carrier Code: C079
  • 4-Digit Zip Code: 7427
  • Zip Code: 94502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,516
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 1,809,119
  • High Value: 2,152,568
  • Low Value: 1,465,670

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,590,000
  • First Open Lien Mortgage Lender: PREMIER LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,295,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Second Open Lien Mortgage Lender: PREMIER LENDING INC
  • Second Open Lien Mortgage Recording Date: Nov 02, 2021
  • Second Open Lien Mortgage Loan Amount: $1,295,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,788,000
  • Assessed Land Value: $538,500
  • Assessed Improvements Value: $1,256,500

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Transaction ID: 11866037041
  • Current Sale Price: $1,795,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 360027
  • Previous Sale Recording Date: Dec 20, 1993
  • Previous Sale Contract Date: Dec 15, 1993
  • Previous Sale Amount: $395,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT NATL MTG CORP
  • Previous Mortgage Transaction Date: Dec 20, 1993
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Jan 01, 2009

About Bay Farm Island



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Frequently Asked Questions

What neighborhood is 111 Sherwood Lane located in?
The 111 Sherwood Lane is a located in the neighborhood of Bay Farm Island in Bay Farm Island, Alameda.
What is the average sales price for listings in 111 Sherwood Lane?
The average sales price for units in 111 Sherwood Lane is $0 currently.

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