NOT LISTED FOR SALE

2662 Merchant Dr Tracy, CA 95377

Estimated Value: $619,000 - $707,000

3 Beds
2 Baths
1,518 Sq Ft
$433/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $450,000 $296 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,204/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Double Pane Windows
  • John C. Kimball High School Rated A-
  • No HOA
  • Bathtub with Shower

About This Home

As of December 2017

Sharply updated Lourence Ranch home on a corner lot, freshly painted interior, new carpet, engineered hardwood flooring, kitchen features Corian counters island, stainless appliances, gas cooktop, painted cabinetry with custom cabinet pulls, wainscotting in dining area, tile-face fireplace in LR, master bath has Jacuzzi tub, new shower glass, walk-in closet, backyard has brick BBQ and paver patio. Shows well.

Last Agent to Sell the Property

Jack Klemm

Klemm Real Estate License #01004092 Listed on: 11/16/2017

Last Buyer's Agent

Susan Goulding

Crown Key Realty, Inc. License #01490605

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 5,301 Sq Ft Lot
  • Lot Dimensions: 5300
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Standard Pacific Homes
  • Lourence Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240-470-29

Home Details

Home Type

Single Family

Year Built

Built in 2004 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 2004
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Lourence Ranch
  • Remodeled/Updated Desc: Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Gas Cook Top,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Jetted Tub,Shower Stall(s),Walk-In Closet
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Other Counter,Island
  • Room Type: Baths Other,Master Bathroom
  • Price Per Square Foot: 296.44
  • Square Footage: 1518
  • Window Features: Dual Pane Full

Exterior Features

  • Builder Name: Standard Pacific Homes
  • Construction Materials: Frame,Stucco
  • Property Faces: West
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 435000.00
  • Lot Features: Corner,Landscape Front,Street Lights
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,Garage Door Opener
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Connected,Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Gas Hook-Up,Inside Room
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.1217
  • Lot Dimensions: 5,300 sf
  • Lot Size Sq Ft: 5301

Tax Info

  • Assessor Parcel Number: 240-470-29
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2019
Sold by
Moriarty Francis J and Sedillo Melissa D
Bought by
Moriarty Francis J
Current Estimated Value
$669,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Outstanding Balance
$329,212
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$328,775

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 14, 2017
Sold by
Gomes Jason C and Gomes Sara L
Bought by
Moriarty Francis J and Sedillo Melissa D
Seller's Agent
Jack Klemm
Klemm Real Estate
Buyer's Agent
Susan Goulding
Crown Key Realty, Inc.
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$310,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Standard Pacific Corp
Bought by
Gomes Jason C and Wunsch Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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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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
Moriarty Francis J -- Chicago Title Co Stockton
Moriarty Francis J $450,000 Old Republic Title Company S
Gomes Jason C $442,500 First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moriarty Francis J $374,400
Closed Moriarty Francis J $310,000
Previous Owner Gomes Jason C $353,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $450,000 +3.4% $296 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $435,000 -- $287 / 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 $8,420 $512,018 $170,671 $341,347
2024 $7,911 $501,979 $167,325 $334,654
2023 $7,760 $492,138 $164,045 $328,093
2022 $7,598 $482,489 $160,829 $321,660
2021 $7,488 $473,029 $157,676 $315,353
2020 $7,403 $468,180 $156,060 $312,120
2019 $7,265 $459,000 $153,000 $306,000
2018 $7,106 $450,000 $150,000 $300,000
2017 $6,379 $399,000 $119,000 $280,000
2016 $6,199 $380,000 $113,000 $267,000
2014 $5,379 $317,000 $95,000 $222,000
Source: Public Records

Agents Affiliated with this Home

  • Jack Klemm

    Seller's Agent in 2017

    Jack Klemm

    Klemm Real Estate

    (209) 321-1094

    306 in this area

    583 Total Sales

    Jack Klemm
    Section Image
  • Susan Goulding

    Buyer's Agent in 2017

    Susan Goulding

    Crown Key Realty, Inc.

    (209) 914-5573

    7 in this area

    13 Total Sales

    Susan Goulding
    Section Image
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Map

Source: MetroList

MLS Number: 17072201

MetroList

APN: 240-470-29

California San Joaquin County Tracy 95377

2662 Merchant Dr, Tracy, CA

Not Listed for Sale

Detached

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