NOT LISTED FOR SALE

3445 Penryn Rd Loomis, CA 95650

Estimated Value: $828,103 - $1,395,000

7 Beds
3 Baths
3,400 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $725,000 $213 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,174/month

60 Days on Market

Highlights

  • No HOA
  • Garden
  • Many Trees
  • Del Oro High School Rated A
  • 1 Car Garage
  • 1-Story Property

About This Home

As of January 2023

Own a 2.89 acre property in Loomis with 3 houses and a farm. Approx. sq footage: 1200sf 2-3bd/1ba, 800sf 2bd/1ba, 1400sf 2-3bd/1ba = 3,400 sqft total. Rental income stepped up to $4,800/mo, but still below market = UPSIDE. Easy access off Hwy-80 and Penryn Rd with a private driveway. Houses separately metered by PG&E. Owner only pays trash $104/mo. Each house has a septic tank and share 2 wells. Main house has central heat/AC. There is a garage, carport, storage sheds, gardens, horses, pigs, goats, and many chickens. There is a seasonal creek and a pasture. Great for investment or 1031 exchange. NOTE: farm business, animals and crops belong to tenants.

Last Agent to Sell the Property

Casey Constantine

Realty Agents Inc License #01946942 Listed on: 11/11/2022

Last Buyer's Agent

Kristy Hernandez

Intero Real Estate Services License #02091375

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2.89 Acre Lot
  • Many Trees
  • Garden

Parking

  • 1 Car Garage
  • 6 Open Parking Spaces
  • 1 Carport Space
  • Off-Street Parking

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 1-Story Property

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Propane
  • Well
  • Water Heater
  • Septic System

Listing and Financial Details

  • Security Deposit $4,400
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 043-074-016-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1963
  • Levels: One
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit
  • Price Per Square Foot: 227.56

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Listing Price: 799000.00
  • Lot Features: Shape Regular, Garden
  • Topography: Trees Many

Garage/Parking

  • Open Parking Spaces: 6.00
  • Carport Spaces: 1.00
  • Covered Parking Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking Features: Off Street, Carport, Detached, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System
  • Utilities: Propane, Electric
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: RA-B-X
  • Irrigation: None
  • Lot Size Acres: 2.8900
  • Lot Size Sq Ft: 125888.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total Deposit: 4400
  • Lease Term: 12 Months

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 043-074-016-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 19, 2023
Sold by
Biteva Lyubov
Bought by
Vadim Bitev
Seller's Agent
Casey Constantine
Realty Agents Inc
Buyer's Agent
Kristy Hernandez
Intero Real Estate Services
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
99
Current Estimated Value
$1,018,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,701
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Simpson Thomas J and Simpson Luanna
Bought by
Lambert Harry and Lambert Natalie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
1.9%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vadim Bitev -- Fidelity National Title
Vadim Bitev $725,000 Fidelity National Title
Lambert Harry $800,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Harry $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $725,000 -9.3% $213 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
11/11/2022 11/11/22 For Sale $799,000 -- $235 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,167 $878,930 $299,600 $579,330
2023 $10,167 $844,560 $281,500 $563,060
2022 $9,493 $791,962 $515,100 $276,862
2021 $6,190 $492,000 $320,000 $172,000
2020 $5,911 $469,000 $305,000 $164,000
2019 $5,901 $479,000 $311,500 $167,500
2018 $5,603 $470,000 $305,700 $164,300
2017 $5,475 $459,000 $298,500 $160,500
2016 $5,332 $448,000 $291,400 $156,600
2015 $7,886 $699,290 $454,824 $244,466
2014 $5,150 $434,278 $282,458 $151,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222141298

MetroList

APN: 043-074-016