NOT LISTED FOR SALE

1620 Swarthout Ct Tracy, CA 95376

Estimated Value: $671,769 - $852,000

6 Beds
4 Baths
2,514 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $525,000 $209 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,680/month

10 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2019

Elegant income is waiting! If you've ever thought of owning investment property or sharing ownership with friends or family...welcome home! This spacious duplex offers (2) 3 bedroom 1.5 bath units with private yards, 1 car garages, boat or RV storage, covered patios, central heat and air, separately metered water and power, plus so much more! Long term tenants are now on a month-to-month basis so flexibility relating to occupancy is available! Make sure to see all the best that investing in Tracy can be!

Last Agent to Sell the Property

Alex Lehr

Guide Real Estate License #00867442 Listed on: 05/25/2019

Guide Real Estate

Last Buyer's Agent

Michelle Amin

Top Realty License #01250996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,753

Year Built

  • 1980

Lot Details

  • 6,373 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,514 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $32,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Operating Expense $8,859
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,753

Year Built

1980

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2514
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Laminate, Dishwasher, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2514
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete, Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Tracy Joint Unified
  • Elementary School: McKinley Elementary
  • Middle School: Monte Vista Middle
  • High School: Merrill F. West High
  • High School: 35189
  • Elementary School: 35196
  • Middle School: 35195

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1463
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6375.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.20
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1800
  • Expense Maintenance: 1200
  • Expenses Total: 8859
  • Income Annual Gross: 32400.00
  • Income Annual Rental: 32400
  • Income Gross Scheduled: 32400
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Turner Ronald E
Bought by
Turner Living Trust and Turner
Current Estimated Value
$773,442
Source: Public Records

Range of Values:

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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
Turner Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $525,000 0.0% $209 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $525,000 -- $209 / Sq Ft
Source: MLSListings

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 $6,753 $585,644 $156,171 $429,473
2024 $6,222 $574,161 $153,109 $421,052
2023 $6,126 $562,904 $150,107 $412,797
2022 $6,001 $551,867 $147,164 $404,703
2021 $5,931 $541,047 $144,279 $396,768
2020 $5,893 $535,500 $142,800 $392,700
2019 $4,738 $428,432 $128,529 $299,903
2018 $4,659 $420,032 $126,009 $294,023
2017 $4,426 $411,797 $123,539 $288,258
2016 $4,219 $380,000 $135,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81753661

MLSListings

APN: 232-030-30