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3555 Magnolia Drive

3555 Magnolia Drive, Alameda, CA 94502
Property in Bay Farm Island
Sold Mar 01, 1996
$232,000
$152,000 by Bank Of America Natl Tr & Svgs
Mortgage Due Mar 01, 2026
Local assessors in Alameda, CA have categorized 3555 Magnolia Drive as a residential type of property. The home was built in 1975 and is 49 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 6,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3555 Magnolia Drive has a total of 1,549 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3555 Magnolia Drive was last sold in Feb 20, 1996 for $232,000. According to our calculations, that's $149.77 per sqft. Current property owners are expected to pay $6,393 in taxes per year. The property on 3555 Magnolia Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $363,163. To break that down further, the land itself was valued at $108,949. While improvements to the property were assessed at a total of $254,214. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,549
  • Building Area: 1,549
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,549
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00015 BLK: 0003 TR: 3422

Ownership

  • Current Owner : LEE STEWART W
  • Current Owner 2: MARUMOTO DEBRA A
  • Previous Owner : ZABLOCKI CONSTANCE M
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428301

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 21-E4
  • Subdivision Tract Number: 3422
  • Parcel: 74-1078-13
  • Block: 3
  • Lot: 15
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.732
  • Longitude: -122.233

    Address

  • Full Address: 3555 Magnolia Dr
  • Address - House Number: 3555
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Alameda
  • Carrier Code: C038
  • 4-Digit Zip Code: 7007
  • Zip Code: 94502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,393
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,084,680
  • High Value: 1,298,533
  • Low Value: 870,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NATL TR & SVGS
  • First Open Lien Mortgage Recording Date: Mar 01, 1996
  • First Open Lien Mortgage Loan Amount: $152,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2026

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $363,163
  • Assessed Land Value: $108,949
  • Assessed Improvements Value: $254,214

    Sales

  • Current Sale Contract Date: Feb 20, 1996
  • Current Sale Recording Date: Mar 01, 1996
  • Current Sale Transaction ID: 1010164830
  • Current Sale Price: $232,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96050338

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NATL TR & SVGS
  • First Mortgage Transaction Date: Mar 01, 1996
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2026

About Bay Farm Island



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Frequently Asked Questions

What neighborhood is 3555 Magnolia Drive located in?
The 3555 Magnolia Drive is a located in the neighborhood of Bay Farm Island in Bay Farm Island, Alameda.
What is the average sales price for listings in 3555 Magnolia Drive?
The average sales price for units in 3555 Magnolia Drive is $0 currently.

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