131 E 22nd Street, Tracy, CA 95376, Tracy, 95376 - 3 bed, 2 bath
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This High-Potential Investment Opportunity is listed at $429,888, positioned well below the $444,533 Fair Market Value by 3%. This valuation gap provides $14,645 in Instant Equity for the buyer. With a Good Condition Rating and no HOA obligations, the property offers a functional, move-in ready layout on a generous 5,650 square foot lot. While the interior is compact, the large lot provides significant upside for future expansion. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Tracy market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 E 22nd Street Subject | $429,888* List Price | 3 | 2 | 936 | $475 | - |
A 405 W 23rd Street Sold | $489,950 | 3 | 1 | 1,040 | $471 | 0.4 mi |
B 445 W Lowell Ave Sold | $420,000 | 2 | 1 | 1,042 | $403 | 0.6 mi |
C 355 Hawthorne Dr Sold | $488,000 | 2 | 2 | 967 | $505 | 0.8 mi |
D 1330 Bessie Avenue Sold | $518,000 | 3 | 1 | 986 | $525 | 0.9 mi |
E 2865 Ponte Mira Way Sold | $550,500 | 3 | 2 | 1,161 | $474 | 1.0 mi |
F 1626 Bessie Sold | $439,000 | 2 | 1 | 1,252 | $351 | 0.7 mi |
G 405 W Beverly Place Sold | $422,500 | 2 | 1 | 1,068 | $396 | 0.7 mi |
H 206 W 20th Street Pending | $475,000 List Price | 3 | 2 | 1,047 | $454 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1955, but sales history indicates a likely major renovation around 2015 (based on the price jump from $80k to $290k). At approximately 9-11 years post-renovation, the property falls into the 'Good' category as a well-maintained, functional, move-in ready home.
Priced at $429,888, this property represents a highly accessible entry point into the Tracy market, offering excellent value for first-time homebuyers or investors.
The 5,650 square foot lot provides ample outdoor space for a home of this footprint, offering significant potential for landscaping, outdoor entertaining, or a future ADU.
With zero association fees, the property offers lower monthly carrying costs and greater freedom for the homeowner to customize the residence without restrictive covenants.
At just 936 square feet for a three-bedroom configuration, the interior layout may feel constrained, resulting in smaller bedroom sizes and limited common areas.
Built in 1955, the home may require significant capital investment to update original systems, insulation, and finishes to meet modern efficiency and aesthetic standards.
Exceptional opportunity in Tracy. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 936 | 1,986.309 |
| Lot Size | 5,650 | 6,536.079 |
| Price | $429.9K | $694.7K |
| Price per sq ft | $459 | $355 |
| Built year | 1955 | 1997 |
| HOA | $0 | $302 |
| Days on market | 8 | 56 |
Sep 1, 2026
$429,888
Initial Listing
Dec 21, 2020
$390,000
Public Record
Oct 28, 2015
$290,000
Public Record
Aug 14, 2014
$80,000
Public Record