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32650 Lake Mead Drive

32650 Lake Mead Drive, Fremont, CA 94555
Property in Lakes and Birds
Sold Oct 25, 2002
$440,000
$352,000 by Sib Mtg Corp
Mortgage Due Nov 01, 2032
Sold Feb 25, 2000
$68,000
$206,000 by Bank Of America
Mortgage Due Mar 01, 2030
32650 Lake Mead Drive has been categorized by the local assessors in Fremont, CA as a residential type of property. The building on the property was first built in 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 1977. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 32650 Lake Mead Drive has 1,476 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,247 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 32650 Lake Mead Drive sold most recently in Oct 17, 2002 for a total of $440,000. If you work out the math, that's approximately a cost of $298.10 per sqft. Before that, the property was also sold for $68,000 in Feb 17, 2000. 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 $7,495 in taxes each year. 32650 Lake Mead Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $593,463. If we break it down further, the land itself was valued at $180,139. Improvements to the property, however, were assessed at a total of $420,324. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1976
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,247
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00112 BLK: 0002 TR: 3514

Ownership

  • Current Owner : LAM ALBERT
  • Current Owner 2: LIN EVELYN
  • Previous Owner : MCVAY MARK A
  • Previous Owner 2: HADLEY MCVAY TAMI C
  • Owner Before Previous Owner: MCVAY HOWARD
  • Owner Before Previous Owner 2: MCVAY JUANITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 441522

Geography

  • Assessors Map Reference: 85-B2
  • Subdivision Tract Number: 3514
  • Parcel: 543-350-28
  • Block: 2
  • Lot: 112
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5896
  • Longitude: -122.055

    Address

  • Full Address: 32650 Lake Mead Dr
  • Address - House Number: 32650
  • Address - Street Name: Lake Mead
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fremont
  • Carrier Code: C042
  • 4-Digit Zip Code: 1062
  • Zip Code: 94555

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,495
  • Tax Rate Code Area: 12-014

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,275,537
  • High Value: 1,527,695
  • Low Value: 1,023,380

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $552,000
  • First Open Lien Mortgage Lender: SIB MTG CORP
  • First Open Lien Mortgage Recording Date: Oct 25, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $352,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: May 23, 2005
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 22, 2025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $593,463
  • Assessed Land Value: $180,139
  • Assessed Improvements Value: $420,324

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2002
  • Current Sale Recording Date: Oct 25, 2002
  • Current Sale Transaction ID: 1020956289
  • Current Sale Price: $440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2002484206
  • Previous Sale Recording Date: Feb 25, 2000
  • Previous Sale Contract Date: Feb 17, 2000
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIB MTG CORP
  • First Mortgage Transaction Date: Oct 25, 2002
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2032
  • Second Mortgage Loan Amount: $44,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Feb 25, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $206,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2030

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Frequently Asked Questions

What neighborhood is 32650 Lake Mead Drive located in?
The 32650 Lake Mead Drive is a located in the neighborhood of Lakes and Birds in North Fremont, Fremont.
What is the average sales price for listings in 32650 Lake Mead Drive?
The average sales price for units in 32650 Lake Mead Drive is $0 currently.

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