NOT LISTED FOR SALE

118 W Highland Ave Tracy, CA 95376

Estimated Value: $835,754 - $1,027,000

6 Beds
4 Baths
2,783 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $870,000 $313 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,190/month

44 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property
  • Engineered Wood Flooring
  • Mini Split Air Conditioners

About This Home

As of August 2024

Great opportunity to own this income producing detached triplex in the heart of Tracy. Two 2 bedroom 1 bath units and One 2 bedroom 1 1/2 units that's been completely updated inside. Centrally located in the heart of town and walking distance to lots of great amenities.

Last Agent to Sell the Property

Eric Boehm

Boehm & Associates License #00968592 Listed on: 06/05/2024

Last Buyer's Agent

Linda Castro

Berkshire Hathaway HomeServices-Drysdale Properties License #01931243

Berkshire Hathaway HomeServices-Drysdale Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1920

Lot Details

  • 9,222 Sq Ft Lot

Home Design

  • Triplex
  • A-Frame Home
  • Raised Foundation
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,783 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off-Site Parking

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Mini Split Heat Pump
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 233-115-08

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $2,800
  • Maintenance Expense $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1920
  • Architectural Style: A-Frame
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Simulated Wood, Tile
  • Price Per Square Foot: 312.61
  • Square Footage: 2783.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 929000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 3.00
  • Parking Features: Offsite, Varies by Unit
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected, In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Window Unit(s), Individual
  • Electric: 220 Volts
  • Heating: Individual, Varies by Unit
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: Res triplex
  • Irrigation: None
  • Lot Size Acres: 0.2117
  • Lot Size Sq Ft: 9222.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 2800
  • Maintenance Expense: 2600
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 233-115-08
  • Current RE Taxes: 5000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 10, 2024
Sold by
Castillo Joseph and Castillo Joanne Elaine
Bought by
Castro Raul and Castro Imelda
Seller's Agent
Eric Boehm
Boehm & Associates
Buyer's Agent
Linda Castro
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$989,000
Sold Price
$870,000
Premium/Discount to List
-$119,000
-12.03%
Views
38
Current Estimated Value
$833,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,620
Avg. Annual Appreciation
2.63%
Original Mortgage
$696,000
Outstanding Balance
$686,370
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$215,569

Purchase Details

Listed on
Jul 3, 2014
Closed on
Jul 8, 2014
Sold by
Central Valley Property Holdings Lp
Bought by
Castillo Joseph and Castillo Joanne Elaine
Seller's Agent
Frank Silveria III
Keller Williams Central Valley
Buyer's Agent
Valine Sarmas
HomeSmart PV & Associates
List Price
$419,950
Sold Price
$409,950
Premium/Discount to List
-$10,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Mar 13, 2014
Sold by
Costa Raymond A and Costa Lucia M
Bought by
C V P H Lp

Purchase Details

Closed on
Apr 25, 1997
Sold by
Costa Raymond A and Costa L M
Bought by
Costa Raymond A and Costa Lucia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Castro Raul $870,000 Old Republic Title
Castillo Joseph $410,000 Old Republic Title Company
C V P H Lp $255,000 None Available
Costa Raymond A -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Raul $696,000
Previous Owner Costa Raymond A $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $870,000 -6.4% $313 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $929,000 -6.1% $334 / Sq Ft
06/05/2024 06/05/24 For Sale $989,000 +141.2% $355 / Sq Ft
07/11/2014 07/11/14 Sold $409,950 -2.4% $152 / Sq Ft View Prior Sale
07/03/2014 07/03/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $419,950 -- $156 / Sq Ft
Source: MetroList

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 $10,031 $870,000 $260,000 $610,000
2024 $5,251 $483,029 $147,281 $335,748
2023 $5,170 $473,559 $144,394 $329,165
2022 $5,065 $464,274 $141,563 $322,711
2021 $5,006 $455,172 $138,788 $316,384
2020 $4,974 $450,505 $137,365 $313,140
2019 $4,896 $441,672 $134,672 $307,000
2018 $4,815 $433,013 $132,032 $300,981
2017 $4,574 $424,524 $129,444 $295,080
2016 $4,630 $416,201 $126,906 $289,295
2015 $4,588 $409,950 $125,000 $284,950
2014 $1,377 $126,046 $37,850 $88,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224060260

MetroList

APN: 233-115-08