3081 Rio Grande Drive, Tracy, CA 95377, Tracy, 95377 - 4 bed, 3 bath

3081 Rio Grande Drive, Tracy, CA 95377 home-pic-0
ACTIVE$799,900$2,382/sqft
Est. Value: $813,632
1%
FairlyEstimate
3081 Rio Grande Drive, Tracy, CA 95377
4Beds
3Baths
2,382Sqft
5,293Lot

Price Vs. Estimate

The estimated value ($813,632.02) is $13,732.02 (1%) lower than the list price ($799,900). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Pristine Condition: Built in 2022, this home is only two years young, barely lived in, and presents in like-new condition, offering modern aesthetics and minimal immediate maintenance.
Top Cons:
Significant Price Discrepancy: The current listing price of $799,900 is substantially lower than its previous sale price of $966,500, which may prompt buyer scrutiny and questions regarding market value or potential underlying reasons for the reduction.

Compared to the nearby listings

Price:$799.9K vs avg $708.2K (+$91,650)73%
Size:2,382 sqft vs avg 2,394.5 sqft47%
Price/sqft:$336 vs avg $30568%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it only two years old and virtually new. The description states it's 'barely lived in' and 'still looks and feels brand new,' which is strongly supported by the images. The kitchen features stunning gourmet elements with quartz counters, light cabinetry, and modern stainless steel appliances. Bathrooms are equally impressive, especially the master suite with its freestanding soaking tub, dual sinks, and separate shower. All flooring, light fixtures, and visible systems appear new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2022
Close
-
List price
$800K
Original List price
-
Price/Sqft
$336
HOA
$42
Days on market
-
Sold On
-
MLS number
225152722
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to 3081 Rio Grande in one of Tracy's newest communities, Ellis. Only 2 years young, beautiful and barely lived in. Still looks and feels brand new! 4 bedrooms, 3 Full bathrooms with a full bed & bath downstairs. Truly an awesome layout and a great use of square footage. Great room concept with everything within view. Stunning gourmet kitchen with gorgeous quartz counters, light cabinetry, walk-in pantry and stainless steel appliances. Formal dining room with vaulted ceilings and tons of natural light. Spacious family room the overlooks the entire bottom floor perfect for entertaining or family gatherings. Upstairs, 2 more spacious guest rooms, another full bathroom and a quaint loft, perfect for a small home office set-up, homework station or just a quiet area to relax and read a book. Master suite with a walk-in closet, free standing soaking tub, dual-sinks and a separate shower stall. Upstairs laundry for your ease and convenience. Spacious and fully landscaped backyard with a built-in California room to spend your summer nights in.

M
Mike Samawi
Listing Agent

Price History

Date
Event
Price
12/19/22
Sold
$966,500
Condition Rating
Excellent

This property was built in 2022, making it only two years old and virtually new. The description states it's 'barely lived in' and 'still looks and feels brand new,' which is strongly supported by the images. The kitchen features stunning gourmet elements with quartz counters, light cabinetry, and modern stainless steel appliances. Bathrooms are equally impressive, especially the master suite with its freestanding soaking tub, dual sinks, and separate shower. All flooring, light fixtures, and visible systems appear new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

New Construction & Pristine Condition: Built in 2022, this home is only two years young, barely lived in, and presents in like-new condition, offering modern aesthetics and minimal immediate maintenance.
Versatile & Open Floor Plan: The property boasts a highly functional layout with 4 bedrooms and 3 full bathrooms, including a convenient full bed and bath downstairs, an open 'great room concept,' and a flexible upstairs loft perfect for various uses.
Gourmet Kitchen: The stunning gourmet kitchen is a highlight, featuring gorgeous quartz counters, stylish light cabinetry, a practical walk-in pantry, and modern stainless steel appliances.
Enhanced Outdoor Living: A spacious and fully landscaped backyard, complete with a built-in California room, provides an ideal setting for outdoor entertaining and relaxation.
Modern Amenities & Convenience: The home includes desirable features such as an upstairs laundry room, a master suite with a free-standing soaking tub and dual sinks, and is situated in Tracy's desirable new Ellis community.

Cons

Significant Price Discrepancy: The current listing price of $799,900 is substantially lower than its previous sale price of $966,500, which may prompt buyer scrutiny and questions regarding market value or potential underlying reasons for the reduction.
Ongoing Homeowners Association (HOA) Fees: The property is subject to a monthly HOA fee of $42, representing an additional recurring cost that some buyers may prefer to avoid.
Standard Builder Finishes: While new and modern, the home likely features standard builder-grade finishes, which may not appeal to buyers seeking highly customized or unique design elements and upgrades.
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