NOT LISTED FOR SALE

1240 Madison Ave Tracy, CA 95376

Estimated Value: $423,000 - $480,000

2 Beds
1 Bath
1,176 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $380,000 $323 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,507/month

112 Days on Market

Highlights

  • 1 Fireplace
  • Cottage
  • Tile Countertops
  • No HOA
  • Converted Garage
  • Central Heating and Cooling System

About This Home

As of September 2020

This charming 2 bedroom home sits on an amazing lot that is over 8000 square feet and is located in great central neighborhood of Tracy. It offers an imposing heat circulating fireplace in the warm and inviting living room with hardwood floors, there's lots of cabinets and storage in the kitchen, vaulted ceilings with beams in the living room and both bedrooms, the garage has been converted, it's unknown if building permits were issued. This property presents a great opportunity to purchase your first home in Tracy or own a great investment for under $400,000.00. The large lot is suited for a range of family activities, (swimming pool?). Check with the City of Tracy regarding the possibility of adding a second Dwelling Unit.

Last Agent to Sell the Property

Steve Ormonde

Coldwell Banker Valley Central License #00442869 Listed on: 04/17/2020

Coldwell Banker Valley Central

Last Buyer's Agent

Cecilia Magallon

JRP Realty Group License #01883028

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 8,080 Sq Ft Lot
  • Southwest Facing Home

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop

Parking

  • 2 Open Parking Spaces
  • Converted Garage

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 232-290-54

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1951
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Circulating,Wood Burning
  • Fireplaces: 1
  • Flooring: Tile,Vinyl,Wood
  • Bathroom Features: Tile
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Converted Garage
  • Price Per Square Foot: 323.13
  • Square Footage: 1176

Exterior Features

  • Construction Materials: Frame,Stucco
  • Property Faces: Southwest
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 380000.00
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Converted Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Smoke Detector
  • Sewer: Sewer Connected & Paid
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.1855
  • Lot Size Sq Ft: 8080

Tax Info

  • Assessor Parcel Number: 232-290-54
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Sep 9, 2020
Sold by
Shankel Roxanne Belinda and Mason Joshua Jay
Bought by
Torres Mario Rene Rodriguez and Rivera Susana Huerta
Seller's Agent
Steve Ormonde
Coldwell Banker Valley Central
Buyer's Agent
Cecilia Magallon
JRP Realty Group
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$451,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,776
Avg. Annual Appreciation
3.32%
Original Mortgage
$342,000
Outstanding Balance
$302,939
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$148,837

Purchase Details

Closed on
Oct 6, 2004
Sold by
Nuce Thomas H and Nuce Irene M
Bought by
Nuce Thomas H and Nuce Irene M
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
Torres Mario Rene Rodriguez $380,000 Old Republic Title Company
Nuce Thomas H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Mario Rene Rodriguez $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $380,000 0.0% $323 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $380,000 0.0% $323 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $380,000 0.0% $323 / Sq Ft
07/16/2020 07/16/20 For Sale $380,000 +1.3% $323 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $375,000 0.0% $319 / Sq Ft
06/12/2020 06/12/20 For Sale $375,000 +5.0% $319 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $357,000 0.0% $304 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $357,000 -- $304 / 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 $1,735 $149,309 $71,667 $77,642
2024 $1,599 $146,382 $70,262 $76,120
2023 $1,575 $143,513 $68,885 $74,628
2022 $1,543 $140,700 $67,535 $73,165
2021 $1,525 $137,942 $66,211 $71,731
2020 $1,515 $136,529 $65,533 $70,996
2019 $1,491 $133,853 $64,249 $69,604
2018 $1,467 $131,230 $62,990 $68,240
2017 $1,394 $128,657 $61,755 $66,902
2016 $1,410 $126,135 $60,545 $65,590
2014 $1,318 $121,808 $58,468 $63,340
Source: Public Records

Agents Affiliated with this Home

  • Steve Ormonde

    Seller's Agent in 2020

    Steve Ormonde

    Coldwell Banker Valley Central

    (209) 814-4242

    11 in this area

    18 Total Sales

    Steve Ormonde
    Section Image
  • Cecilia Magallon

    Buyer's Agent in 2020

    Cecilia Magallon

    JRP Realty Group

    (209) 345-7212

    49 Total Sales

    Cecilia Magallon
    Section Image
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Map

Source: MetroList

MLS Number: 20022256

MetroList

APN: 232-290-54

California San Joaquin County Tracy 95376

1240 Madison Ave, Tracy, CA

Not Listed for Sale

Detached

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