NOT LISTED FOR SALE

2550 W Byron Rd Tracy, CA 95377

Estimated Value: $635,000 - $982,998

4 Beds
4 Baths
3,050 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $575,000 $189 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,807/month

85 Days on Market

About This Home

As of February 2014

Cap rate 7%; 7 units in City of Tracy. 5 1bdrm houses, 1 duplex & 1 one bdrm w/loft/ Connected to City of Tracy water. City sewer is available at street if septic system fails. Zero vacancy for many years. Houses are located on city limits and developments of single family homes. Close to proposed freeway interchange - see attached Transportation Plan

Last Agent to Sell the Property

David Ormonde

Coldwell Banker Valley Central License #00783319 Listed on: 10/22/2013

Coldwell Banker Valley Central

Last Buyer's Agent

Brian Barringer

Barringer IPM License #01435948

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,484

Lot Details

  • 1.05 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Linoleum Flooring
  • Free-Standing Electric Range

Parking

  • 7 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas see remarks
  • Assessor Parcel Number 238-050-18

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month
  • Insurance Expense $5,399
  • Operating Expense $11,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,484

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 9999
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 575000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 7
  • Parking Features: 1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: See Remarks
  • Heating: Natural Gas
  • Utilities Expenses: 4719

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 1.0500
  • Lot Size Sq Ft: 45738

Rental Info

  • Tenant Pays: Electricity,Gas,See Remarks
  • Total # Leasable: 7

Multi Family

  • Gross Income: 64785
  • Operating Expense: 11468
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 5399
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 238-050-18
  • Current RE Taxes: 6484

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jan 30, 2014
Sold by
Pereira Carol J
Bought by
Shen98 Llc
Seller's Agent
David Ormonde
Coldwell Banker Valley Central
Buyer's Agent
Brian Barringer
Barringer IPM
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$765,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,750
Avg. Annual Appreciation
2.47%
Original Mortgage
$430,000
Outstanding Balance
$326,452
Interest Rate
4.46%
Mortgage Type
Unknown
Estimated Equity
$439,298

Purchase Details

Closed on
Apr 8, 2009
Sold by
Pereira Thomas E and Pereira Carol J
Bought by
Pereira Carol J

Purchase Details

Closed on
Dec 28, 2001
Sold by
Pereira Thomas E and Pereira Carol J
Bought by
Pereira Thomas E and Pereira Carol J

Purchase Details

Closed on
Oct 17, 2000
Sold by
Correia Luis
Bought by
Pereira Thomas E and Czupka Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,991
Interest Rate
7.89%
Mortgage Type
Seller Take Back
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
Shen98 Llc $575,000 Old Republic Title Company
Pereira Carol J -- None Available
Pereira Thomas E -- --
Pereira Thomas E $400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen98 Llc $430,000
Previous Owner Pereira Thomas E $198,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $575,000 0.0% $189 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $575,000 -- $189 / 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 $9,495 $704,858 $281,941 $422,917
2024 $8,888 $691,038 $276,413 $414,625
2023 $8,733 $677,490 $270,994 $406,496
2022 $8,531 $664,207 $265,681 $398,526
2021 $8,478 $651,184 $260,472 $390,712
2020 $8,387 $644,508 $257,802 $386,706
2019 $8,312 $631,872 $252,748 $379,124
2018 $8,179 $619,484 $247,793 $371,691
2017 $7,717 $607,338 $242,935 $364,403
2016 $7,836 $595,430 $238,172 $357,258
2014 $6,515 $491,668 $147,500 $344,168
Source: Public Records

Agents Affiliated with this Home

  • David Ormonde

    Seller's Agent in 2014

    David Ormonde

    Coldwell Banker Valley Central

    (209) 835-4545

    9 in this area

    24 Total Sales

    David Ormonde
    Section Image
  • Brian Barringer

    Buyer's Agent in 2014

    Brian Barringer

    Barringer IPM

    (209) 613-8945

    13 in this area

    20 Total Sales

    Brian Barringer
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 13062838

MetroList

APN: 238-050-18

California San Joaquin County Tracy 95377

2550 W Byron Rd, Tracy, CA

This home is located at 2550 W Byron Rd, Tracy, CA 95377 since 22 October 2013 and is currently estimated at $765,750, approximately $251 per square foot. 2550 W Byron Rd is a home located in San Joaquin County with nearby schools including Melville S. Jacobson Elementary School, Monte Vista Middle School, and Merrill F. West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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