NOT LISTED FOR SALE

525 Peerless Way Unit 2 Tracy, CA 95376

Estimated Value: $375,752 - $406,000

2 Beds
1.5 Baths
1,166 Sq Ft
$500/mo HOA Fee

Last Sold July 29, 2022

Last sale price $410,000 $352 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,943/month

8 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Quartz Countertops
  • Gated Community
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of July 2022

This Luxurious Condo has it all. Priced the best in Tracy this newly remodeled home features a gorgeous show stopper kitchen with upgraded brand new stainless steel appliances, soft closing cabinets, and quartz countertops. This home also features crown molding, newer Low-E windows, new water resistant laminate flooring, recessed lighting, new electrical outlets, master walk-in with custom organizers, plenty of storage (attic, cabinetry and storage closet off the patio) Included is a laundry in the unit (refrigerator and washer/dryer stay) Security gates, swimming pool, water and garbage all part of the HOA Two additional parking spaces near the unit included. Too much to list. Hurry this will go quick!

Last Agent to Sell the Property

Janet Anderson

Keller Williams Central Valley License #01837381 Listed on: 06/27/2022

Last Buyer's Agent

Melissa Jimenez

Corcoran Icon Properties License #01916015

Corcoran Icon Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 871

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Security Gate
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Property is located within a water district

Additional Features

  • In Ground Pool
  • Lot Dimensions: 871

Listing and Financial Details

  • Assessor Parcel Number 246-190-21

Community Details

Overview

  • Association fees include sewer, trash, water, pool
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,836

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: Yes
  • Stories: 2
  • Year Built: 1984
  • Architectural Style: Contemporary
  • Remodeled/Updated Desc: Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Free Standing Electric Range
  • Flooring: Carpet, Laminate
  • Master Bathroom Features: Tub w/Shower Over
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Breakfast Nook
  • Kitchen Features: Quartz Counter
  • Living Room Features: Other
  • Main Level: Kitchen
  • Price Per Square Foot: 351.63
  • Square Footage: 1166.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 399999.00
  • Lot Features: Gated Community, Shape Regular
  • Pool Features: Built-In, Common Facility
  • Pool: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Detached

Utilities

  • Security: Smoke Detector, Security Gate
  • Sewer: In & Connected, Public Sewer
  • Utilities: Public
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association Features: Pool, Clubhouse
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer, Trash, Water, Pool
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: Public District
  • Lot Size Acres: 0.0200
  • Lot Dimensions: 871
  • Lot Size Sq Ft: 871.00

Tax Info

  • Assessor Parcel Number: 246-190-21
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 3, 2021
Sold by
Pombo Robert L
Bought by
Moreno Albert and Moreno Rachel E
Seller's Agent
Bob Pombo
Pombo Real Estate
Buyer's Agent
Janet Anderson
Keller Williams Central Valley
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$385,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,938
Avg. Annual Appreciation
1.62%
Original Mortgage
$288,000
Outstanding Balance
$260,748
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$125,190

Purchase Details

Closed on
Feb 17, 2021
Sold by
Pombo Robert L and Pombo Cynthia M
Bought by
Pombo Robert

Purchase Details

Closed on
Jun 1, 2017
Sold by
Pombo Robert
Bought by
Pombo Robert L

Purchase Details

Closed on
Mar 29, 2017
Sold by
Pombo Cynthia M
Bought by
Pombo Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 14, 2013
Closed on
Dec 2, 2013
Sold by
Shum Patrick Tat Long
Bought by
Borough Michael and Borough Brittney
Seller's Agent
Jeff Purcell
Home Buyers Realty
Buyer's Agent
Nancy Shewmaker
HomeSmart PV & Associates
List Price
$163,000
Sold Price
$168,000
Premium/Discount to List
$5,000
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$128,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2013
Closed on
Oct 15, 2013
Sold by
Shum Albert P and Shum Robin S
Bought by
Shum Patrick Tat Long
Seller's Agent
Jeff Purcell
Home Buyers Realty
Buyer's Agent
Nancy Shewmaker
HomeSmart PV & Associates
List Price
$163,000
Sold Price
$168,000
Premium/Discount to List
$5,000
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Shum Patrick Tat Long
Bought by
Shum Albert P and Shum Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,600
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2011
Sold by
Chen Peter P and Chan Wai Kuan
Bought by
Shum Patrick Tat Long

Purchase Details

Closed on
Feb 4, 2011
Sold by
Wells Fargo Bank Na
Bought by
Chen Peter P and Chan Wai Kuan

Purchase Details

Closed on
Oct 28, 2010
Sold by
Hansen Chris R and Hansen Jane A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 5, 2006
Sold by
Hansen Chris
Bought by
Hansen Chris R and Hansen Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2005
Sold by
Hansen Chris
Bought by
Hansen Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Evans Coleen M
Bought by
Hansen Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2004
Sold by
Hansen Jane A
Bought by
Hansen Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 1998
Sold by
Budd James R
Bought by
Evans Coleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Budd Georgia L
Bought by
Budd James Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.98%
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
Moreno Albert $360,000 First American Title Company
Pombo Robert -- None Available
Pombo Robert L -- None Available
Pombo Robert -- First American Title Company
Pombo Robert L $207,500 First American Title Company
Borough Michael $163,000 Old Republic Title Company
Shum Patrick Tat Long -- None Available
Shum Albert P -- Old Republic Title Company
Shum Patrick Tat Long $80,500 None Available
Chen Peter P $80,500 Lawyers Title Company
Wells Fargo Bank Na $82,450 Accommodation
Hansen Chris R -- First American Title Co
Hansen Chris -- Alliance Title Co
Hansen Chris $250,000 Fidelity Natl Title Ins Co
Hansen Chris -- Fidelity Natl Title Ins Co
Evans Coleen M $90,000 Old Republic Title Company
Budd James Robert -- Old Republic Title Company
Budd James Robert -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Albert $288,000
Previous Owner Pombo Robert L $64,000
Previous Owner Borough Michael $128,000
Previous Owner Shum Albert P $90,600
Previous Owner Hansen Chris R $324,000
Previous Owner Hansen Chris $240,000
Previous Owner Hansen Chris $200,000
Previous Owner Evans Coleen M $72,000
Closed Hansen Chris $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $410,000 +2.5% $352 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $399,999 +11.1% $343 / Sq Ft
06/11/2021 06/11/21 Sold $360,000 0.0% $309 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $360,000 +114.3% $309 / Sq Ft
12/05/2013 12/05/13 Sold $168,000 +3.1% $144 / Sq Ft View Prior Sale
11/01/2013 11/01/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $163,000 -- $140 / 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 $4,836 $426,564 $62,424 $364,140
2024 $4,452 $418,200 $61,200 $357,000
2023 $4,384 $410,000 $60,000 $350,000
2022 $3,917 $367,200 $61,200 $306,000
2021 $2,446 $222,481 $77,734 $144,747
2020 $2,430 $220,200 $76,937 $143,263
2019 $2,392 $215,883 $75,429 $140,454
2018 $2,352 $211,650 $73,950 $137,700
2017 $1,857 $172,168 $50,700 $121,468
2016 $1,880 $168,791 $49,705 $119,086
2015 $1,863 $166,257 $48,959 $117,298
2014 $937 $86,286 $20,902 $65,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222085720

MetroList

APN: 246-190-21