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933 Otis Drive

933 Otis Drive, Alameda, CA 94501
Property in South Shore
Sold Oct 09, 1997
$85,500
$250,000 by Washington Mutual Bank
Mortgage Due Mar 16, 2037
Sold Feb 01, 1994
$275,000
$220,000 by Bank Of America Natl Tr & Svgs
Mortgage Due Feb 01, 2024
Local assessors in Alameda, CA have categorized 933 Otis Drive as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 8,296 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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 933 Otis Drive has a total of 1,841 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. 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 home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 30, 1997 for $85,500. That's $46.44 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 1994 for $275,000. 933 Otis Drive was last assessed in 2022. The total value of the property was assessed at $556,724. Specifically, the land the property is located on was valued at $167,017. While improvements on the property were assessed at a total of $389,707. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,841. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1966
  • 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
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,296
  • Total Building Area: 1,841
  • Building Area: 1,841
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,841
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1898 SOUTH SHORE UN 2
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00035 BLK: 0001 TR: 1898

Ownership

  • Current Owner : LEE WEI
  • Current Owner 2: LEE HSIN
  • Previous Owner : LEE CHUNG H
  • Previous Owner 2: LEE WEI
  • Owner Before Previous Owner: FONG SEN

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428600

Geography

  • Assessors Map Reference: 11-B5
  • Subdivision Tract Number: 1898
  • Parcel: 74-1290-106
  • Block: 1
  • Lot: 35
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7662
  • Longitude: -122.27

    Address

  • Full Address: 933 Otis Dr
  • Address - House Number: 933
  • Address - Street Name: Otis
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Alameda
  • Carrier Code: C034
  • 4-Digit Zip Code: 5661
  • Zip Code: 94501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,841
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,516,260
  • High Value: 1,786,286
  • Low Value: 1,246,234

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Mar 16, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 16, 2037
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: Apr 29, 2021
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $556,724
  • Assessed Land Value: $167,017
  • Assessed Improvements Value: $389,707

    Sales

  • Current Sale Contract Date: Sep 30, 1997
  • Current Sale Recording Date: Oct 09, 1997
  • Current Sale Transaction ID: 1026052403
  • Current Sale Price: $85,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 97265150
  • Previous Sale Recording Date: Feb 01, 1994
  • Previous Sale Contract Date: Jan 24, 1994
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Oct 09, 1997
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NATL TR & SVGS
  • Previous Mortgage Transaction Date: Feb 01, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2024

About East End



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Frequently Asked Questions

What neighborhood is 933 Otis Drive located in?
The 933 Otis Drive is a located in the neighborhood of South Shore in East End, Alameda.
What is the average sales price for listings in 933 Otis Drive?
The average sales price for units in 933 Otis Drive is $0 currently.

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