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32980 Lake Mead Drive

32980 Lake Mead Drive, Fremont, CA 94555
Property in Lakes and Birds
Sold Jun 16, 2021
$1,232,000
$757,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
Sold Jan 31, 2014
$588,000
$529,000 by Cole Taylor Bank
Mortgage Due Feb 01, 2044
32980 Lake Mead Drive in Fremont, CA was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1978. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 32980 Lake Mead Drive has 1,459 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 430 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 4,300 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. 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, 32980 Lake Mead Drive sold most recently in May 13, 2021 for a total of $1,232,000. If you work out the math, that's approximately a cost of $844.41 per sqft. Before that, the property was also sold for $588,000 in Jan 24, 2014. 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 $15,049 in taxes each year. 32980 Lake Mead Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,256,640. If we break it down further, the land itself was valued at $376,992. Improvements to the property, however, were assessed at a total of $879,648. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,459
  • Building Area: 1,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 3159
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00078 BLK: 0004 TR: 3159

Ownership

  • Current Owner : MICHELI PETER A
  • Current Owner 2: CHADBOURNE KIYOMI M
  • Previous Owner : NARASIMHAN NAMBI LAKSHMI
  • Previous Owner 2: SRINIVASAN NITHYA
  • Owner Before Previous Owner: SINGH JAGDISHWAR
  • Owner Before Previous Owner 2: SINGH RETIELI
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: 85-B3
  • Subdivision Tract Number: 3159
  • Parcel: 543-337-15
  • Lot: 78
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5878
  • Longitude: -122.054

    Address

  • Full Address: 32980 Lake Mead Dr
  • Address - House Number: 32980
  • Address - Street Name: Lake Mead
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fremont
  • Carrier Code: C042
  • 4-Digit Zip Code: 1230
  • Zip Code: 94555

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,049
  • Tax Rate Code Area: 12-004

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,365,059
  • High Value: 1,634,913
  • Low Value: 1,095,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $757,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $757,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,256,640
  • Assessed Land Value: $376,992
  • Assessed Improvements Value: $879,648

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840841173
  • Current Sale Price: $1,232,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021217851
  • Previous Sale Recording Date: Jan 31, 2014
  • Previous Sale Contract Date: Jan 24, 2014
  • Previous Sale Amount: $588,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $757,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COLE TAYLOR BANK
  • Previous Mortgage Transaction Date: Jan 31, 2014
  • Previous Mortgage Loan Amount: $529,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2044

About North Fremont



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Frequently Asked Questions

What neighborhood is 32980 Lake Mead Drive located in?
The 32980 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 32980 Lake Mead Drive?
The average sales price for units in 32980 Lake Mead Drive is $0 currently.

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