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243 Fairmont Lane

243 Fairmont Lane, Tracy, CA 95376
Property in Larkspur Estates
Sold Jul 30, 2003
$344,000
$50,000 by Uncle Cu
Mortgage
243 Fairmont Lane has been categorized by the local assessors in Tracy, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 243 Fairmont Lane has 1,954 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 14, 2003 for $344,000. That's $176.05 per sqft. 243 Fairmont Lane was last assessed in 2022. The total value of the property was assessed at $460,353. Specifically, the land the property is located on was valued at $137,991. While improvements on the property were assessed at a total of $322,362. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,076. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,600
  • Total Building Area: 1,954
  • Building Area: 1,954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,954
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARKSPUR ESTATES
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 3

Ownership

  • Current Owner : SHEAFFER II MICHAEL K
  • Current Owner 2: LOCKLEAR MICHELLE
  • Previous Owner : BRIGHT DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Tracy Unified School District
  • Census Tract: 005220

Geography

  • Parcel: 246-330-030-000
  • Lot: 3
  • Latitude: 37.7158
  • Longitude: -121.423

    Address

  • Full Address: 243 Fairmont Ln
  • Address - House Number: 243
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Tracy
  • Carrier Code: C013
  • 4-Digit Zip Code: 7014
  • Zip Code: 95376

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,076
  • Tax Rate Code Area: 4-073

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 80
  • Final Value: 670,638
  • High Value: 776,852
  • Low Value: 564,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: UNCLE CU
  • First Open Lien Mortgage Recording Date: Mar 03, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $460,353
  • Assessed Land Value: $137,991
  • Assessed Improvements Value: $322,362

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2003
  • Current Sale Recording Date: Jul 30, 2003
  • Current Sale Transaction ID: 1051772498
  • Current Sale Price: $344,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2003-168974

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • First Mortgage Transaction Date: Jul 30, 2003
  • First Mortgage Loan Amount: $240,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033
  • Second Mortgage Loan Amount: $68,000

About Larkspur Estates



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Frequently Asked Questions

What neighborhood is 243 Fairmont Lane located in?
The 243 Fairmont Lane is a located in the neighborhood of Larkspur Estates in Larkspur Estates, Tracy.
What is the average sales price for listings in 243 Fairmont Lane?
The average sales price for units in 243 Fairmont Lane is $0 currently.

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