NOT LISTED FOR SALE

2562 Merchant Dr Tracy, CA 95377

Estimated Value: $846,000 - $893,000

4 Beds
3 Baths
2,915 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $730,000 $250 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,661/month

7 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Double Pane Windows
  • John C. Kimball High School Rated A-
  • Front Porch
  • Zoned Heating and Cooling

About This Home

As of December 2020

Experience the Designer ambiance, 4 Bedrooms Home with a-la-carte professional Home-Office & hand-picked amenities; Hardwood Flooring, wrought iron railings, state-of-the-art appliances, extended island and backsplash with eastern details. Vaulted ceiling welcomes you at the entrance and the natural flow takes you on a home tour. Upstairs Loft has been a Home Theater with surround sound system, a family entertainer. Downstairs bedroom is perfect for guests.Separate Family, living and dining areas.Huge backyard offers kids play area, fruit trees and the family's evening recluse. Welcome the morning sun from front porch or get a walk at Tracy Sports complex across the street. Boat/RV access for adventure enthusiasts. Appreciate the Designer Craft.Staying Home here is fun and an Entertainment for the whole family.No HOA, easy freeway access, North facing and ... frankly a luxurious lifestyle in it's own!

Last Agent to Sell the Property

Vaqas Khan

Altera Real Estate License #01812422 Listed on: 11/12/2020

Last Buyer's Agent

Mark Hanna

Investment Real Estate License #01755730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,834

Year Built

  • Built in 2004

Lot Details

  • 7,428 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,915 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Family or Dining Combination
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Secondary Bathroom Double Sinks

Additional Features

  • Energy-Efficient Thermostat
  • Front Porch
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 240-610-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,834

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 2004
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Laminate,Tile
  • Possible Bedrooms: 5
  • Bathroom Features: Double Sinks
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Family Combo
  • Room Type: Baths Other,Loft,Office,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 250.43
  • Square Footage: 2915
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wall Insulation
  • Property Faces: North
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 730000.00
  • Lot Features: Auto Sprinkler F&R,Landscape Back,Landscape Front
  • Patio And Porch Features: Front Porch
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: RV Access
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Security System Leased,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Cooling: MultiZone
  • Heating: MultiZone
  • Laundry Features: Upper Floor
  • Water Source: Meter Available

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: unknown
  • Irrigation: Public District
  • Lot Size Acres: 0.1705
  • Lot Size Sq Ft: 7428

Green Features

  • Energy Efficient: Thermostat

Tax Info

  • Assessor Parcel Number: 240-610-08
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 17, 2020
Sold by
Ebrahimi Miriam
Bought by
Ramanadham Lakshmi Prasanna and Mancha Vasu
Seller's Agent
Vaqas Khan
Altera Real Estate
Buyer's Agent
Mark Hanna
Investment Real Estate
List Price
$730,000
Sold Price
$730,000
Current Estimated Value
$874,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,936
Avg. Annual Appreciation
4.06%
Original Mortgage
$584,000
Outstanding Balance
$524,703
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$355,115

Purchase Details

Closed on
May 27, 2008
Sold by
Rahimi Mohamed
Bought by
Ebrahimi Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2008
Sold by
Us Bank Na
Bought by
Ebrahimi Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
Genung Deforest E
Bought by
U S Bank Na and Mlmi 2005-A6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Genung Deforest E
Bought by
Greenpoint Mortgage Funding Inc and Merrill Lynch Mortgage Investors Trust M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Genung Deforest E
Bought by
Genung Deforest E and Genung Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Genung Bradley G and Genung Deforest Ernest
Bought by
Genung Deforest E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Genung Bradley G
Bought by
Genung Bradley G and Genung Deforest Ernest

Purchase Details

Closed on
Nov 12, 2004
Sold by
Genung Deanna
Bought by
Genung Bradley G

Purchase Details

Closed on
Feb 6, 2004
Sold by
Standard Pacific Corp
Bought by
Genung Bradley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,174
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ramanadham Lakshmi Prasanna $730,000 Old Republic Title Company
Ebrahimi Mariam -- Old Republic Title Company
Ebrahimi Mariam $335,000 Old Republic Title Company
U S Bank Na $369,900 None Available
Greenpoint Mortgage Funding Inc $369,900 None Available
Genung Deforest E -- United Title Co San Ramon
Genung Deforest E $728,000 Chicago Title Co
Genung Bradley G -- Chicago Title Co
Genung Bradley G -- First Amer Title Co
Genung Bradley G $615,500 First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramanadham Lakshmi Prasanna $584,000
Previous Owner Ebrahimi Mariam $235,000
Previous Owner Genung Deforest E $200,000
Previous Owner Genung Deforest E $100,000
Previous Owner Genung Deforest E $582,400
Previous Owner Genung Bradley G $492,174
Closed Genung Bradley G $123,044
Closed Genung Deforest E $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $730,000 0.0% $250 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $730,000 -- $250 / 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 $10,834 $774,681 $159,181 $615,500
2023 $10,638 $759,492 $156,060 $603,432
2022 $10,417 $744,600 $153,000 $591,600
2021 $10,273 $730,000 $150,000 $580,000
2020 $6,739 $402,337 $126,105 $276,232
2019 $6,612 $394,449 $123,633 $270,816
2018 $6,465 $386,715 $121,209 $265,506
2017 $6,224 $379,133 $118,833 $260,300
2016 $6,165 $371,700 $116,503 $255,197
2014 $5,883 $358,949 $112,506 $246,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20068395

MetroList

APN: 240-610-08