3218 Jake Street, Tracy, CA 95377, Tracy, 95377 - 4 bed, 4 bath
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3218 Jake Street
Tracy, CA 95377
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
3,914Sq Ft
5,250Lot Size
Property Price
LIST PRICE$1,019,000
EST. MARKET VALUE
$1,008,553
SUMMARY
This Modern Multi-Generational Residence is a Prime Investment Opportunity, listed at $1,049,000—positioned well below the $1,019,323 Fair Market Value by -2%. Built in 2023, this property maintains an Excellent Condition Rating, featuring a Chef's Kitchen, Fully Owned Solar, and a High-Yield In-Law Unit generating $1,600/month. With its expansive 3,914 sqft layout and Distant Hill Views, this home balances luxury with income-generating potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, turnkey property in a top-tier school district.
Estimated Market Value
$1,008,553
Based on Realkey algorithm analyzing recent comparable sales in Tracy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3218 Jake Street Subject 4 bd · 4 ba · 3,914 sqft · $258 | $1,019,000* List Price | 4 | 4 | 3,914 | $258 | - |
A 3141 Rio Grande Dr Sold 4 bd · 4 ba · 2,717 sqft · $296 · 0.1 mi | $805,000 | 4 | 4 | 2,717 | $296 | 0.1 mi |
B 4634 Mckenzie Ave Sold 4 bd · 5 ba · 3,755 sqft · $253 · 0.7 mi | $950,000 | 4 | 5 | 3,755 | $253 | 0.7 mi |
C 4065 Maddy Avenue Sold 5 bd · 5 ba · 2,894 sqft · $301 · 0.2 mi | $870,000 | 5 | 5 | 2,894 | $301 | 0.2 mi |
D 4616 Ian Lane Sold 4 bd · 4 ba · 3,129 sqft · $297 · 0.7 mi | $930,000 | 4 | 4 | 3,129 | $297 | 0.7 mi |
E 3695 Singh Lane Sold 4 bd · 4 ba · 2,502 sqft · $316 · 0.6 mi | $790,000 | 4 | 4 | 2,502 | $316 | 0.6 mi |
F 2482 Augusta Avenue Sold 4 bd · 3 ba · 2,607 sqft · $301 · 0.7 mi | $785,000 | 4 | 3 | 2,607 | $301 | 0.7 mi |
G 3141 Rio Grande Dr Active 4 bd · 4 ba · 2,717 sqft · $331 · 0.1 mi | $899,000 List Price | 4 | 4 | 2,717 | $331 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built recently in 2023, this property is less than 10 years old and in mint condition. The interior features a modern chef's kitchen with quartz countertops, contemporary flooring, recessed lighting, and an updated primary bathroom with a freestanding soaking tub. All systems and finishes are newer, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating In-Law Unit
The property features a fully equipped, self-contained in-law unit currently generating $1,600 per month, providing a significant opportunity for rental income or multi-generational living.
- Modern Energy Efficiency
Built in 2023, the home includes fully owned solar panels and contemporary construction standards, ensuring low utility costs and minimal immediate maintenance requirements.
- Expansive Interior Layout
With 3,914 square feet of living space, the home offers a massive great room, a chef's kitchen with quartz countertops, and a large second-floor loft, catering to families needing ample room.
CONSRISKS & DEFICIENCIES
- High Building-to-Lot Ratio
The substantial 3,914 square foot home occupies most of the 5,250 square foot lot, resulting in limited backyard space for outdoor recreation or gardening.
- Recent Market Volatility
The property is listed at $1.049M despite a previous sale price of $1.335M in mid-2024, which may signal significant local market fluctuations or a distressed pricing strategy.
About 3218 Jake Street
VIEWS! TWO HOMES IN ONE ROOF! NORTH EAST FACING WITH IN-LAW UNIT! HUGE FAMILY ROOM IN 1st FLOOR! LOFT IN 2nd FLOOR! TONS OF UPGRADES! TOP SCHOOLS! LOW HOA! GREAT CURB APPEAL! FULLY OWNED SOLAR! Why just own a home when you can live in one & generate RENTAL INCOME from the other? LIVE + RENT = SMARTER HOMEOWNERSHIP. Your exceptional lifestyle begins here. Strikingly unique opportunity nestled in heart of Tracy with IN-LAW UNIT is truly one of a kind. This 3,914 square-foot property is a true MASTERPIECE with 4 bed, 3.5 bath, & an OPEN FLOOR plan, it offers unparalleled luxury. The main level seamlessly transitions into EXPANSIVE GREAT ROOM & CHEF'S KITCHEN. The chef's kitchen is a culinary delight, boasting a sleek design with quartz countertops, a spacious island with bar seating. Fully open to the kitchen, an oversized great room, stunning natural light, high ceilings & ample space to entertain. In-law unit complete with a full kitchen, bedroom & bath, laundry facilities - currently rented for $1600/month. Upstairs; EXTRA LARGE LOFT/MEDIA room, peaceful primary suite with soaking tub, 2 vanities & 2 walk-in closets. It seamlessly blends opulence with practicality. This property is more than a home; it's a canvas for your dreams, where luxury meets limitless potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 5,250 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $42 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,914 | 1,959.508 |
| Lot Size | 5,250 | 6,446.905 |
| Price | $1.02M | $690.0K |
| Price per sq ft | $260 | $355 |
| Built year | 2023 | 1996 |
| HOA | $42 | $286 |
| Days on market | 43 | 57 |
Pricing History
Listed for Sale
Oct 15, 2026
$1,019,000
$1,049,000
-3% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$1,049,000
Initial Listing
Sold
Jun 11, 2024
$1,335,000
Public Record
Sold
May 17, 2023
$1,149,000
Public Record