NOT LISTED FOR SALE

24982 S Macarthur Dr Tracy, CA 95376

Estimated Value: $651,000 - $4,185,000

65.62 Acres
$36,849 Price per Acre
2,858,407 Sq Ft Lot

Sale Details

Date Sold: December 5, 2018

Last sale price $2,900,000 $0 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $16,162 / mo

189 Days on Market

About This Lot

As of December 2018

65.62 acres of Prime Developmental Ground. Contact County for zoning and development uses for this great parcel on busy street in good location. This parcel gives any buyer multiple development uses. Lets get busy and develop this beauty! Great Opportunity!!!Located within the City of Tracy General Planning Area (AU-1).

Last Agent to Sell the Property

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 03/01/2018

Last Buyer's Agent

Pulvy Sandhu

Valley Real Estate Sales, Inc. License #02032692

Property Details

Property Type

  • Land

Lot Details

  • 65.62 Acre Lot
  • Possible uses of the property include See Remarks
  • Property is zoned Au-20 / Res (NEC), Commercial,Planned Unit Development,See Remarks

Utilities

  • No Utilities
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250-170-02

Property Details

Property Type

Land

Lot Details

65.62 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Other
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,None,See Remarks,Mineral Rights CLA
  • Horse Property: No
  • Listing Price: 4875000.00
  • Lot Features: See Remarks
  • Road Surface Type: Paved
  • Additional Living Units: No
  • Soil: See Remarks

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning: Au-20 / Res (NEC)
  • Crops: None
  • Current Use: Vacant
  • Development Status: See Remarks
  • Zoning Description: Commercial,Planned Unit Development,See Remarks
  • Irrigation: See Remarks
  • Lot Size Acres: 65.6200
  • Lot Size Sq Ft: 2858407
  • Possible Use: See Remarks

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 250-170-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Nov 21, 2018
Sold by
Revocab Silveira Carlos
Bought by
Sandhu Pinderjit S
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Pulvy Sandhu
Valley Real Estate Sales, Inc.
List Price
$4,875,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,975,000
-40.51%
Current Estimated Value
$2,418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$482,000
Avg. Annual Appreciation
-2.45%
Original Mortgage
$16,000,000
Outstanding Balance
$14,068,779
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
-$11,650,779

Purchase Details

Listed on
Mar 1, 2018
Closed on
Oct 9, 2018
Sold by
Central Developments
Bought by
Silveira Carlos
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Pulvy Sandhu
Valley Real Estate Sales, Inc.
List Price
$4,875,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,975,000
-40.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Outstanding Balance
$14,068,779
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
-$11,650,779

Purchase Details

Closed on
Dec 18, 2012
Sold by
Pimentel Louisa Marques
Bought by
Pimentel Luisa M

Purchase Details

Closed on
Sep 6, 2011
Sold by
Central Developments Llc
Bought by
Pimentel Louisa Marques

Purchase Details

Closed on
Sep 30, 2002
Sold by
Pimentel Louisa Marques
Bought by
Central Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 2002
Sold by
Pombo Kenneth F and Pombo Damon R
Bought by
Pimentel Louisa Marques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.05%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sandhu Pinderjit S $2,900,000 Old Republic Title Company
Silveira Carlos -- None Available
Carlos Silvehia -- None Available
Pimentel Luisa M -- None Available
Pimentel Louisa Marques -- None Available
Central Developments Llc $3,600,000 First Amer Title Co
Pimentel Louisa Marques -- First Amer Title Co
Pimentel Louisa Marques -- First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Pinderjit S $16,000,000
Previous Owner Central Developments Llc $109,250
Closed Central Developments Llc $3,269,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2018 12/05/18 Sold $2,900,000 -40.5% --
09/06/2018 09/06/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $4,875,000 -- --
Source: MetroList

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 $37,681 $3,235,002 $3,235,002 --
2024 $34,749 $3,171,571 $3,171,571 --
2023 $34,218 $3,109,384 $3,109,384 $0
2022 $33,536 $3,048,416 $3,048,416 $0
2021 $33,149 $2,988,644 $2,988,644 $0
2020 $23,880 $2,131,307 $2,131,307 $0
2019 $23,512 $2,089,517 $2,089,517 $0
2018 $23,127 $2,048,547 $2,048,547 $0
2017 $22,225 $2,008,380 $2,008,380 $0
2016 $22,263 $1,969,000 $1,969,000 $0
2014 $18,679 $1,680,393 $1,680,393 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Maciel

    Seller's Agent in 2018

    Daniel Maciel

    Atlantic Realty

    (209) 678-3159

    160 Total Sales

    Daniel Maciel
    Section Image
  • Pulvy Sandhu

    Buyer's Agent in 2018

    Pulvy Sandhu

    Valley Real Estate Sales, Inc.

    (209) 597-2049

    9 Total Sales

    Pulvy Sandhu
    Section Image
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Map

Source: MetroList

MLS Number: 18011527

MetroList

APN: 250-170-02

California San Joaquin County Tracy 95304

24982 S Macarthur Dr, Tracy, CA

Not Listed for Sale

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