NOT LISTED FOR SALE

2612 Merchant Dr Tracy, CA 95377

Estimated Value: $699,000 - $783,000

4 Beds
3 Baths
2,473 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2015

Last sale price $415,000 $168 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,670 / mo

51 Days on Market

Highlights

  • High Ceiling
  • Open to Family Room
  • Double Pane Windows
  • John C. Kimball High School Rated A-
  • 2 Car Attached Garage
  • Tile Countertops

About This Home

As of November 2015

Located in the Lourence Ranch Neighborhood * Large Lovely Home with Decorator Touches (we were told it was one of the Model Homes) * High Ceilings * Dual Pane Windows * Kitchen/Family Room Combo with Laminated Floors * Fireplace in Family Room * One Bedroom & Bath Downstairs * Refrigerator, Washer and Dryer Stay * Close to Tracy Sports Complex, Schools and Easy Access to Freeway.

Last Agent to Sell the Property

John Espinosa

Heritage Realty Group License #01278494 Listed on: 09/05/2015

Heritage Realty Group

Co-Listed By

Jennifer Espinosa

Heritage Realty Group License #01188741

Last Buyer's Agent

Claudette Medeiros

Coldwell Banker Valley Central License #01321146

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Level Lot
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,473 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 240-470-24

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

5,184 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2473
  • Year Built: 2001
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Ornamental Only
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Tile, Microwave
  • Living Sq Ft: 2473
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 240-470-24
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5192.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5192.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Tracy Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2015
Closed on
Nov 22, 2015
Sold by
Gunaseelan Thangaraju and Gunaseelan Maheswari
Bought by
Espitia Raul and Perez Christina A
Seller's Agent
John Espinosa
Heritage Realty Group
Buyer's Agent
Claudette Medeiros
Coldwell Banker Valley Central
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Current Estimated Value
$736,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,473
Avg. Annual Appreciation
5.61%
Original Mortgage
$310,083
Outstanding Balance
$243,563
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$492,910

Purchase Details

Closed on
Oct 20, 2010
Sold by
Gunaseelan Thangaraju
Bought by
Gunaseelan Thangaraju and Gunaseelan Maheswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Gunaseelan Maheswari
Bought by
Gunaseelan Thangaraju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Standard Pacific Corp
Bought by
Gullapalli Viswam P and Vedula Siva Laxmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,900
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Espitia Raul $415,000 Cornerstone Title Company
Gunaseelan Thangaraju -- Placer Title Co
Thangaraju Gunaseelan $250,000 Placer Title Company
Gunaseelan Thangaraju -- Placer Title Company
Gullapalli Viswam P $581,500 First Amer Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Espitia Raul $310,083
Previous Owner Thangaraju Gunaseelan $187,500
Previous Owner Gullapalli Viswam P $464,900
Closed Gullapalli Viswam P $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $415,000 0.0% $168 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/21/2015 10/21/15 Price Changed $415,000 -4.6% $168 / Sq Ft
09/05/2015 09/05/15 For Sale $435,000 -- $176 / Sq Ft
Source: MLSListings

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 $8,209 $491,268 $171,943 $319,325
2024 $7,719 $481,636 $168,572 $313,064
2023 $7,496 $472,193 $165,267 $306,926
2022 $7,338 $462,935 $162,027 $300,908
2021 $7,230 $453,858 $158,850 $295,008
2020 $7,146 $449,206 $157,222 $291,984
2019 $7,011 $440,399 $154,140 $286,259
2018 $6,855 $431,765 $151,118 $280,647
2017 $6,591 $423,300 $148,155 $275,145
2016 $6,536 $415,000 $145,250 $269,750
2015 $5,003 $266,500 $66,092 $200,408
2014 $4,813 $261,280 $64,797 $196,483
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Espinosa

    Heritage Realty Group

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jennifer Espinosa

    Heritage Realty Group

    Section Image

  • C

    Buyer's Agent in 2015

    Claudette Medeiros

    Coldwell Banker Valley Central

See All Agents

Map

Source: MLSListings

MLS Number: ML81518579

MLSListings

APN: 240-470-24

California San Joaquin County Tracy 95377

2612 Merchant Dr, Tracy, CA

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