NOT LISTED FOR SALE

9310 Lorraine Rd Tracy, CA 95377

Estimated Value: $545,000 - $1,286,000

8 Beds
4 Baths
900 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,200,000 $1,333 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $5,189/month

9 Days on Market

About This Home

As of November 2023

Calling all contractors, investors and entrepreneurs! An exceptional opportunity with this one-of-a-kind multi-family property. This property is brimming with potential, making it a prime choice for those with a discerning vision. Nestled on just under two acres, it boasts a multitude of enticing features. The primary single-story residence offers more than 2,100 sq ft of living space, including separate living and family rooms, as well as 3 bedrooms. One wing of the house has 2 bedrooms, while the other wing awaits completion. Once finished, it can transform into a stunning one-story unit perfect for a single family or partitioned into two separate living spaces, ideal for a mother-in-law quarters. A secondary dwelling, has 3 bedrooms & approximately 1,100 sq ft. Additionally, there's a third dwelling, a 900-square-foot home with 2 bedrooms. The property also features a fully equipped shop/barn and additional units that, with the appropriate permits and compliance with county regulations, may have the potential to serve as rental units. It has 4 septic systems, a 200-foot leach line, and a private well, 7 pg&e meters, ensuring convenience and self-sufficiency. Hurry this won't be on the market long.

Last Agent to Sell the Property

Janet Anderson

Keller Williams Central Valley License #01837381 Listed on: 10/06/2023

Co-Listed By

Renee Saenz

Keller Williams Central Valley License #01357353

Last Buyer's Agent

Renee Saenz

Keller Williams Central Valley License #01357353

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.99 Acre Lot
  • Lot Dimensions: 86684

Home Design

  • Studio
  • Raised Foundation

Interior Spaces

  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 248-060-27

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 7 Units

Building Details

  • 5 Leased Units
  • 2 Vacant Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Architectural Style: Ranch
  • Stories: 1
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Price Per Square Foot: 570.34

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Listing Price: 1199000.00
  • Lot Features: Shape Regular

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 5.00

Utilities

  • Security: None
  • Sewer: Septic System
  • Utilities: Propane
  • Cooling: None
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: R-R
  • Irrigation: Other
  • Lot Size Acres: 1.9900
  • Lot Dimensions: 86684
  • Lot Size Sq Ft: 86684.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 7
  • Number of Vacant Units: 2
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100

Tax Info

  • Assessor Parcel Number: 248-060-27
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $1,200,000 +0.1% $1,333 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $1,199,000 -- $1,332 / 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 $3,448 $209,358 $33,961 $175,397
2024 $2,473 $205,254 $33,296 $171,958
2023 $2,435 $201,231 $32,644 $168,587
2022 $2,397 $197,286 $32,004 $165,282
2021 $2,366 $193,419 $31,377 $162,042
2020 $2,347 $191,437 $31,056 $160,381
2019 $2,312 $187,685 $30,448 $157,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223097753

MetroList

APN: 248-060-27