NOT LISTED FOR SALE

2016 Otis Dr Alameda, CA 94501

South Shore Neighborhood

Estimated Value: $1,184,000 - $1,394,000

3 Beds
2.5 Baths
1,808 Sq Ft
$720/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $1,250,000 $691 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,328/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Franklin Elementary Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2022

Spacious 3 bedroom, 2.5 bath home with original refinished hardwood floors throughout. New flooring in kitchen and family room. Older kitchen, and bathrooms but well-maintained. Perfect backyard for entertaining. Close to shopping and beach.

Last Agent to Sell the Property

Darlene Gardner

Windermere Bay Area Prop. License #00891238 Listed on: 06/17/2022

Windermere Bay Area Prop.

Last Buyer's Agent

Kathie Y. Ng

Excel Realty License #01164845

Excel Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,819

Year Built

  • Built in 1958

Lot Details

  • 4,998 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • South Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 741240117

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,819

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: SOUTH SHORE
  • Directions: Grant street to Otis or Park street to Otis
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Microwave, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Family Room, Laminate Counters
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Laminate, Dishwasher, Gas Range/Cooktop, Microwave

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Sprinklers Automatic
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Utilities: All Public Utilities
  • Cooling: None
  • Laundry Features: Hookups Only, Inside
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Alameda (510) 748-4000

Lot Info

  • Lot Size Sq Ft: 4998
  • Parcel Number: 741240117
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Awasthi Pranjal and Lu Lucy Zhuo
Bought by
Lu-Awasthi Family Trust and Lu
Current Estimated Value
$1,301,352

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 26, 2022
Sold by
Miller Trust
Bought by
Awasthi Pranjal and Lu Lucy Zhuo
Seller's Agent
Darlene Gardner
Windermere Bay Area Prop.
Buyer's Agent
Kathie Y. Ng
Excel Realty
List Price
$1,550,000
Sold Price
$1,250,000
Premium/Discount to List
-$300,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2018
Sold by
Miller Joann
Bought by
Miller Joann and Sherman Teresa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lu-Awasthi Family Trust -- None Listed On Document
Awasthi Pranjal $1,250,000 Fidelity National Title
Miller Joann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Awasthi Pranjal $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,250,000 -- --
08/03/2022 08/03/22 Sold $1,250,000 0.0% $691 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $1,250,000 -19.4% $691 / Sq Ft
06/17/2022 06/17/22 For Sale $1,550,000 -- $857 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,819 $1,293,500 $390,150 $910,350
2024 $16,819 $1,204,000 $363,300 $847,700
2023 $15,699 $1,150,000 $345,000 $805,000
2022 $982 $0 $34,886 $73,932
2021 $962 $106,684 $34,202 $72,482
2020 $945 $105,591 $33,852 $71,739
2019 $852 $103,521 $33,188 $70,333
2018 $834 $101,491 $32,537 $68,954
2017 $820 $99,501 $31,899 $67,602
2016 $805 $97,551 $31,274 $66,277
2015 $783 $96,085 $30,804 $65,281
2014 $523 $94,203 $30,201 $64,002
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Darlene Gardner

    Windermere Bay Area Prop.

    (510) 865-1111

    5 in this area

    11 Total Sales

    Darlene Gardner
    Section Image

  • K

    Buyer's Agent in 2022

    Kathie Y. Ng

    Excel Realty

    (925) 398-6808

    2 in this area

    13 Total Sales

    Kathie Y. Ng
    Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40998234

Bay East Association of REALTORS®

APN: 074-1240-117-00

California Alameda County Alameda 94501 South Shore

2016 Otis Dr, Alameda, CA

This home is located at 2016 Otis Dr, Alameda, CA 94501 since 17 June 2022 and is currently estimated at $1,301,352, approximately $719 per square foot. This property was built in 1958. 2016 Otis Dr is a home located in Alameda County with nearby schools including Franklin Elementary, Will C. Wood Middle School, and Alameda High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes