NOT LISTED FOR SALE

231 W 3rd St Tracy, CA 95376

Estimated Value: $400,000 - $678,000

4 Beds
2 Baths
1,560 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $230,000 $147 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,261/month

153 Days on Market

About This Home

As of November 2014

Investment opportunity!! Cash flow for investors - Currently tenants occupied. this duplex is located in an established Tracy neighborhood, walking distance to elementary school. Both units feature a living room, kitchen with dining area, 2 bedrooms & 1 bath. Tenant Would like to stay if investor buys. Willing to do long term lease.

Last Agent to Sell the Property

Vanessa Chapina

PMZ Real Estate License #01462982 Listed on: 05/17/2014

PMZ Real Estate

Last Buyer's Agent

John Keating

PMZ Real Estate License #01862795

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1947

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions: 717

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 235-081-09

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,201

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1947
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Built-In Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 230000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Smoke Detector
  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.0717
  • Lot Dimensions: 00717
  • Lot Size Sq Ft: 3125

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22080
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 235-081-09

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2014
Closed on
Nov 21, 2014
Sold by
Krishnan Archana
Bought by
Arunachalam Annamalai
Seller's Agent
Vanessa Chapina
PMZ Real Estate
Buyer's Agent
John Keating
PMZ Real Estate
List Price
$249,950
Sold Price
$230,000
Premium/Discount to List
-$19,950
-7.98%
Current Estimated Value
$564,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,732
Avg. Annual Appreciation
8.60%
Original Mortgage
$170,000
Outstanding Balance
$129,840
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$434,892

Purchase Details

Listed on
Oct 6, 2012
Closed on
Nov 8, 2012
Sold by
Federal National Mortgage Association
Bought by
Hassan Asif Zia and Hassan Naheed Zia
Seller's Agent
Peter Michno
Next Generation Realty
Buyer's Agent
Vanessa Chapina
PMZ Real Estate
List Price
$150,900
Sold Price
$158,900
Premium/Discount to List
$8,000
5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$111,230
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Estrada Francisco J and Estrada Mary Ann
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,230
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Estrada Francisco J and Estrada Mary Ann
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 12, 2001
Sold by
Spikes Smith Gloria
Bought by
Estrada Francisco J and Estrada Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 1997
Sold by
Spikes Smith Gloria and Smith Gloria
Bought by
Spikes Smith Gloria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arunachalam Annamalai -- Old Republic Title Company
Arunachalam Annamalai $230,000 Old Republic Title Company
Hassan Asif Zia $159,000 First American Title Company
Federal National Mortgage Association $181,779 None Available
Jpmorgan Chase Bank National Association $181,779 Accommodation
Estrada Francisco J $135,000 Fidelity National Title Co
Spikes Smith Gloria -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arunachalam Annamalai $170,000
Previous Owner Hassan Asif Zia $111,230
Previous Owner Estrada Francisco J $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2014 11/26/14 Sold $230,000 -8.0% $147 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
05/17/2014 05/17/14 For Sale $249,950 +57.3% $160 / Sq Ft
12/31/2012 12/31/12 Sold $158,900 +5.3% $103 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $150,900 -- $98 / 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 $3,201 $276,417 $72,106 $204,311
2024 $2,950 $270,998 $70,693 $200,305
2023 $2,904 $265,685 $69,307 $196,378
2022 $2,846 $260,477 $67,949 $192,528
2021 $2,813 $255,370 $66,617 $188,753
2020 $2,795 $252,752 $65,934 $186,818
2019 $2,751 $247,797 $64,642 $183,155
2018 $2,705 $242,939 $63,375 $179,564
2017 $2,571 $238,177 $62,133 $176,044
2016 $2,602 $233,508 $60,915 $172,593
2015 $2,578 $230,000 $60,000 $170,000
2014 $1,724 $159,621 $48,218 $111,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14030358

MetroList

APN: 235-081-09