2501 Otis Dr Alameda, CA 94501
South Shore NeighborhoodEstimated Value: $1,454,000 - $1,999,877
3
Beds
3
Baths
1,758
Sq Ft
$982/Sq Ft
Est. Value
About This Home
This home is located at 2501 Otis Dr, Alameda, CA 94501 and is currently estimated at $1,726,219, approximately $981 per square foot. 2501 Otis Dr is a home located in Alameda County with nearby schools including Frank Otis Elementary School, Lincoln Middle School, and Alameda High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 24, 2019
Sold by
Martindale Trust
Bought by
Schlosser Adam C and Atkins Lisa G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$857,198
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$869,021
Purchase Details
Closed on
Aug 6, 2012
Sold by
Martindale Ruth Lum
Bought by
Martindale Ruth Lum
Purchase Details
Closed on
Jun 15, 1998
Sold by
Martin Paulette
Bought by
Martindale Ruth Lum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.17%
Purchase Details
Closed on
Nov 18, 1994
Sold by
Martin David Richard
Bought by
Martin Paulette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.95%
Purchase Details
Closed on
Nov 3, 1994
Sold by
Burtleson Iva E and Burtleson Alfred A
Bought by
Martin Paulette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.95%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schlosser Adam C | $1,400,000 | Chicago Title Company | |
| Martindale Ruth Lum | -- | None Available | |
| Martindale Ruth Lum | $245,000 | North American Title Co | |
| Martin Paulette | -- | Placer Title Company | |
| Martin Paulette | $184,000 | Placer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schlosser Adam C | $975,000 | |
| Previous Owner | Martindale Ruth Lum | $196,000 | |
| Previous Owner | Martin Paulette | $147,200 |
Source: Public Records
Tax History Compared to Growth
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 | $22,493 | $1,683,291 | $671,531 | $1,018,760 |
| 2024 | $22,493 | $1,650,151 | $658,365 | $998,786 |
| 2023 | $21,306 | $1,601,164 | $645,458 | $955,706 |
| 2022 | $20,459 | $1,532,773 | $632,804 | $906,969 |
| 2021 | $19,931 | $1,502,583 | $620,397 | $889,186 |
| 2020 | $18,695 | $1,428,000 | $614,040 | $813,960 |
| 2019 | $6,977 | $458,327 | $105,204 | $353,123 |
| 2018 | $6,244 | $449,342 | $103,141 | $346,201 |
| 2017 | $5,952 | $440,532 | $101,119 | $339,413 |
| 2016 | $5,665 | $376,896 | $99,137 | $277,759 |
| 2015 | $5,165 | $330,851 | $97,648 | $233,203 |
| 2014 | $4,901 | $324,371 | $95,735 | $228,636 |
Source: Public Records
Map
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