NOT LISTED FOR SALE

2140 Lotus Way Tracy, CA 95376

Estimated Value: $1,027,056 - $1,097,000

5 Beds
4.5 Baths
3,678 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $606,500 $165 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,739/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • Formal Dining Room
  • John C. Kimball High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of March 2016

HUGE PRICE REDUCTION! Gorgeous semi-custom 3700 sq ft. (5 bedrooms/5 baths), Just Renovated with exquisite attention to detail, featuring cathedral formal living room with fireplace, Separate formal dining, Dazzling gourmet Kitchen with custom cabinetry, top of the line stainless steel appliances, large island with sink & pantry. Enjoy the lavish bathrooms, extra large private backyard with manicured landscaping and RV access. One of the best models of Meritage homes built in 2005.

Last Agent to Sell the Property

Mariam Hosseini

Royalty Mortgage & Real Estate License #01703940 Listed on: 01/12/2016

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,292

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 9,527 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Zoning described as r1

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,678 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Formal Dining Room
  • Fire and Smoke Detector
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 242-400-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,292

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 2005
  • Architectural Style: Contemporary
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Disposal,Free Standing Refrigerator,Gas Cook Top,Microwave,Plumbed For Ice Maker
  • Fireplace Features: Family Room,Living Room
  • Fireplaces: 2
  • Flooring: Carpet,Laminate,Tile
  • Master Bathroom Features: Double Sinks,Jetted Tub,Shower Stall(s),Walk-In Closet
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 5.00
  • Dining Room Features: Formal Area
  • Kitchen Features: Granite Counter,Island w/Sink
  • Room Type: Baths Other,Family Room,Master Bathroom,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 164.90
  • Square Footage: 3678
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Shingle Siding,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 614800.00
  • Lot Features: Landscape Front
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Tile
  • View Description: Local

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Cable Available
  • Cooling: Central,MultiZone
  • Electric: 220 Volts in Laundry
  • Heating: Central,MultiZone
  • Laundry Features: Gas Hook-Up,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: r1
  • Irrigation: Public District
  • Lot Size Acres: 0.2187
  • Lot Size Sq Ft: 9527

Tax Info

  • Assessor Parcel Number: 242-400-16
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Tran Jimmy Hieu and Tran Tuyet Hanh
Bought by
Tran Jimmy Hieu and Tran Tuyet Hanh
Total Days on Market
52
Current Estimated Value
$1,077,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2017
Sold by
Truong Nick Le and Cao Quan To
Bought by
Tran Jimmy Hieu and Tran Tuyet Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 9, 2016
Sold by
Mactu Lan Anh
Bought by
Truong Nick Le
Seller's Agent
Mariam Hosseini
Royalty Mortgage & Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$614,800
Sold Price
$606,500
Premium/Discount to List
-$8,300
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$339,336
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 8, 2016
Sold by
Hosseini Mariam
Bought by
Truong Nick Le and Cao Quan To
Seller's Agent
Mariam Hosseini
Royalty Mortgage & Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$614,800
Sold Price
$606,500
Premium/Discount to List
-$8,300
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,336
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2015
Sold by
The Bank Of New York Mellon
Bought by
Hosseini Mariam

Purchase Details

Closed on
Jul 9, 2015
Sold by
Azad Wali
Bought by
Hosseini Mariam

Purchase Details

Closed on
Apr 17, 2015
Sold by
Escobedo Lisa M
Bought by
The Bank Of New Mellon

Purchase Details

Closed on
Feb 14, 2005
Sold by
Meritage Homes Of California
Bought by
Escobedo Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,824
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2004
Sold by
Acacia Credit Fund 8 A Llc
Bought by
Meritage Homes Of California Inc and Meritage Homes Of Northern Ca Inc
Source: Public Records

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Range of Values:

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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
Tran Jimmy Hieu $111,000 Old Republic Title Company
Tran Jimmy Hieu -- Orange Coast Title Co Norcal
Truong Nick Le -- Chicago Title Company
Truong Nick Le $606,500 Chicago Title Company
Hosseini Mariam $538,000 Stewart Title Guaranty
Hosseini Mariam -- North American Title Co Inc
The Bank Of New Mellon $488,250 Accommodation
Escobedo Lisa M $811,000 Chicago Title Co
Meritage Homes Of California Inc -- First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Jimmy Hieu $330,000
Closed Tran Jimmy Hieu $333,000
Previous Owner Tran Jimmy Hieu $337,000
Previous Owner Truong Nick Le $339,336
Previous Owner Escobedo Lisa M $50,000
Previous Owner Escobedo Lisa M $510,824
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $606,500 -1.4% $165 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $614,800 -- $167 / 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
2024 $8,292 $737,201 $228,213 $508,988
2023 $8,164 $722,747 $223,739 $499,008
2022 $7,999 $708,576 $219,352 $489,224
2021 $7,904 $694,683 $215,051 $479,632
2020 $7,512 $656,493 $230,016 $426,477
2019 $7,274 $643,621 $225,506 $418,115
2018 $7,182 $631,002 $221,085 $409,917
2017 $6,815 $618,630 $216,750 $401,880
2016 $6,120 $538,000 $188,300 $349,700
2015 $7,689 $678,000 $203,000 $475,000
2014 -- $471,000 $141,000 $330,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16001857

MetroList

APN: 242-400-16