NOT LISTED FOR SALE

9198 Lorraine Rd Tracy, CA 95377

Estimated Value: $536,000 - $623,061

2 Beds
1 Bath
1,080 Sq Ft
$547/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $625,000 $579 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,663/month

9 Days on Market

Highlights

  • Granite Countertops
  • Bathtub with Shower
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of October 2023

Embrace a rare opportunity for a country living on a sprawling nearly one-acre plot of land. The potential is boundless - whether you envision constructing an Accessory Dwelling Unit (ADU) or expanding the existing home. This charming single-story residence boasts a complete remodel with 2 bedrooms, 1 bathroom, and a host of appealing features. Step inside to discover a spacious living area with abundant natural light, enhanced by recessed lighting. The well-appointed kitchen has been thoughtfully remodeled, showcasing modern cabinetry, stylish laminate flooring, granite countertops, and stainless steel appliances. This home offers both comfort and practicality with the inclusion of plantation shutters, central heating, and air conditioning. Additionally, there are convenient outbuildings, including a generously-sized workshop. From this tranquil setting, enjoy captivating views of the Central Valley mountains. Don't delay, as this remarkable property is expected to be in high demand and won't be on the market for long!

Last Agent to Sell the Property

Janet Anderson

Keller Williams Central Valley License #01837381 Listed on: 09/18/2023

Last Buyer's Agent

Lupe Silva

Guadalupe M Silva, Broker License #01298641

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 0.97 Acre Lot
  • Zoning described as R-R

Parking

  • No Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Built-In Gas Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 248-060-22

Home Details

Home Type

Single Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1952
  • Architectural Style: Ranch
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Family Room,Kitchen
  • Price Per Square Foot: 578.70
  • Square Footage: 1080.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 599990.00
  • Lot Features: See Remarks
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Smoke Detector
  • Sewer: Septic System
  • Utilities: Public
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: R-R
  • Irrigation: Irrigation District
  • Lot Size Acres: 0.9728
  • Lot Size Sq Ft: 42375.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 248-060-22
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 24, 2023
Sold by
Cisneros Vanessa
Bought by
Lopez-Ortigoza Iherson
Seller's Agent
Janet Anderson
Keller Williams Central Valley
Buyer's Agent
Lupe Silva
Guadalupe M Silva, Broker
List Price
$599,990
Sold Price
$625,000
Premium/Discount to List
$25,010
4.17%
Views
166
Current Estimated Value
$590,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,485
Avg. Annual Appreciation
-2.57%
Original Mortgage
$500,000
Outstanding Balance
$490,279
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$100,236

Purchase Details

Closed on
Dec 31, 2009
Sold by
Goddard Bobby Lee
Bought by
Goddard Bobby Lee and Bobby Lee Goddard Revocable Tr
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

Date Buyer Sale Price Title Company
Lopez-Ortigoza Iherson -- Wfg National Title Insurance C
Lopez-Ortigoza Iherson $625,000 Wfg National Title Insurance C
Goddard Bobby Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez-Ortigoza Iherson $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $625,000 +4.2% $579 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $599,990 -- $556 / 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 $6,830 $637,500 $377,400 $260,100
2024 $880 $82,848 $51,780 $31,068
2023 $865 $81,224 $50,765 $30,459
2022 $849 $79,632 $49,770 $29,862
2021 $837 $78,072 $48,795 $29,277
2020 $831 $77,272 $48,295 $28,977
2019 $816 $75,758 $47,349 $28,409
2018 $804 $74,273 $46,421 $27,852
2017 $785 $72,817 $45,511 $27,306
2016 $770 $71,389 $44,618 $26,771
2014 $748 $68,941 $43,088 $25,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223091075

MetroList

APN: 248-060-22