
Tracy, CA 95376
This property presents a High-Potential Investment Opportunity with a List Price of $599,999—positioned well below the $575,558 Fair Market Value by -4%. While the home maintains a Fair Condition Rating, the inclusion of a 400 sq. ft. detached studio provides significant value-add potential for a home office or rental flex space. With a versatile floor plan and a quiet court location, this asset is ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1553 Shadowood Ct. Subject | $599,999* List Price | 3 | 3 | 1,673 | $340 | - |
A 1977 Grove Court Sold | $560,000 | 3 | 3 | 1,461 | $383 | 0.2 mi |
B 1880 Paradise Valley Court Sold | $540,000 | 3 | 2 | 1,570 | $344 | 0.7 mi |
C 1830 Laurelgrove Lane Sold | $562,000 | 3 | 3 | 1,566 | $359 | 0.3 mi |
D 1410 Suellen Drive Sold | $530,000 | 3 | 2 | 1,332 | $398 | 0.9 mi |
E 1463 Evergreen Court Sold | $665,000 | 4 | 3 | 2,074 | $321 | 0.3 mi |
F 1481 Heatherfield Way Active | $591,000 List Price | 3 | 3 | 1,654 | $357 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the home is functional but dated. While the primary bathroom has been remodeled, the kitchen features original oak cabinetry and white appliances, and the secondary bathrooms and flooring require updates as noted in the description. It meets the 'Fair' criteria of being >20 years old and needing cosmetic updates and minor repairs.
The property includes a rare 400 sq. ft. detached studio with electricity, offering exceptional versatility for a home office, gym, or creative workshop.
The home features a convertible upstairs loft and a recently remodeled primary bathroom, providing both functional flexibility and modern comfort in the main suite.
Situated on a peaceful court, the property offers enhanced privacy and reduced traffic, making it a safer and more tranquil environment for residents.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The kitchen, secondary bathrooms, and flooring are in original condition and require modernization, which will necessitate additional investment from the buyer.
The assigned elementary and middle schools have lower performance ratings, which may impact the property's appeal to families prioritizing high-ranking educational districts.
Unlock the potential of this Tracy gem! Tucked away on a quiet court, this 3-bedroom, 2.5-bath home features a spacious front living room and a generously sized upstairs primary suite. A versatile loft can easily be converted into a 4th bedroom, home office, or bonus room. The beautifully remodeled primary bathroom adds a modern touch, while the rest of the home offers an excellent opportunity to update the kitchen, secondary bathroom, flooring, and carpet to your personal style. The backyard features an approximately 400 sq. ft. detached studio with electricity—ideal for a home office, gym, art studio, workshop, or potential ADU conversion (buyer to verify) that could provide future rental income. Conveniently located near schools, parks, and shopping, this home offers great bones, a functional floor plan, and endless potential to build equity and make it your own.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,673 | 1,986.309 |
| Lot Size | 3,746 | 6,536.079 |
| Price | $600.0K | $694.7K |
| Price per sq ft | $359 | $355 |
| Built year | 1994 | 1997 |
| HOA | $0 | $302 |
| Days on market | 46 | 56 |
Jul 25, 2026
$599,999
Initial Listing
Mar 7, 2002
$277,500
Public Record