NOT LISTED FOR SALE

7137 Sierra View Place Loomis, CA 95650

Estimated Value: $2,054,000 - $2,342,630

30 Acres
$72,885 Price per Acre
1,306,800 Sq Ft Lot

Last Sold December 27, 2023

Last sale price $2,200,000 $1,297 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,120/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • 30 Acre Lot
  • Shed
  • Del Oro High School Rated A
  • No HOA
  • Partially Fenced Property

About This Lot

As of December 2023

Prime, gorgeous Loomis acreage totals 30 acres consisting of 2 parcels - 20ac apn035-062-003-000 and 10ac apn035-062-002-000. Very close to Granite Bay. Opportunty to create your dream estate. Backs to Twin Rocks Vineyards with beautiful gentle rolling terrain. Baughman canal runs through it. Treated water to both parcels. 4.6 ac zoning. 2 homes on the 20ac parcel - one was built in 1958 the other is unknown. Nothing has been built on the 10 acre parcel. Nothing has been built on the 10 acre parcel. Boundary lines for approximation only not to be relied on for accuracy.

Last Agent to Sell the Property

Jeff Sessions

Nick Sadek Sotheby's International Realty License #01312653 Listed on: 10/13/2023

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Jag Sidhu

Windermere Signature Properties Elk Grove License #02046700

Windermere Signature Properties Elk Grove

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,745

Lot Details

  • 30 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Brush Vegetation
  • Irregular Lot
  • Many Trees
  • 2 Lots in the community
  • Possible uses of the property include Agricultural, Residential, Single Family, Vineyard, Livestock, Orchard
  • Subdivision Possible
  • Property is zoned R-A-B-X, 2nd Unit Possible,Agricultural,Orchard,Agricultural/Residential,Farm/Ranch,Residential,Horses Allowed,Single-Family,Split Possible,Livestock,Tree Farm,Vineyard,Nursery

Property Views

  • Woods
  • Vineyard
  • Pasture
  • Orchard Views
  • Hills

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 035-062-003-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$18,745

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: 31+ Years Old,Bedrooms 3+
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Call Listing Agent, None
  • Additional Living Description: Non-Conforming,31+ Years Old

Exterior Features

  • Other Structures: Shed(s)
  • Disclosures/Documents: Aerial Map, Preliminary Title Report
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 2000000.00
  • Lot Features: Shape Irregular
  • Road Frontage: Private Road
  • Road Surface Type: Gravel
  • Topography: Mostly Level,Rock Outcropping,Gently Sloped,Trees
  • View Description: Orchard, Pasture, Vineyard, Hills, Woods
  • Additional Living Units: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Water Connected
  • Electric: Electric Available
  • Water Source: Irrigation District, Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning: R-A-B-X
  • Crops: None
  • Current Use: Residential
  • Development Status: Raw Land, Farm Land, Subdivision Possible
  • Number of Lots: 2
  • Zoning Description: 2nd Unit Possible,Agricultural,Orchard,Agricultural/Residential,Farm/Ranch,Residential,Horses Allowed,Single-Family,Split Possible,Livestock,Tree Farm,Vineyard,Nursery
  • Irrigation: District, Ditch
  • Lot Size Acres: 30.0000
  • Lot Size Sq Ft: 1306800.00
  • Possible Use: Agricultural, Residential, Single Family, Vineyard, Livestock, Orchard
  • Perc Test/Septic Design: To Be Determined
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 035-062-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 7, 2023
Sold by
Merrill E Okusu 2014 Living Trust and Okusu Family 1992 Trust
Bought by
Cheema Chandan and Cheema Mandeep
Seller's Agent
Jeff Sessions
Nick Sadek Sotheby's International Realty
Buyer's Agent
Jag Sidhu
Windermere Signature Properties Elk Grove
List Price
$2,000,000
Sold Price
$2,200,000
Premium/Discount to List
$200,000
10%
Views
35
Current Estimated Value
$2,186,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,457
Avg. Annual Appreciation
-0.34%
Original Mortgage
$1,650,000
Outstanding Balance
$1,618,428
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$568,115
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cheema Chandan $2,200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheema Chandan $1,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $2,200,000 +10.0% $1,297 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $2,000,000 -- $1,179 / 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 $18,745 $1,785,000 $1,224,000 $561,000
2023 $18,745 $250,024 $139,192 $110,832
2022 $2,973 $245,122 $136,463 $108,659
2021 $2,900 $240,317 $133,788 $106,529
2020 $2,864 $237,854 $132,417 $105,437
2019 $2,814 $233,191 $129,821 $103,370
2018 $2,675 $228,620 $127,276 $101,344
2017 $2,651 $224,138 $124,781 $99,357
2016 $2,597 $219,744 $122,335 $97,409
2015 $1,794 $150,942 $73,430 $77,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223099564

MetroList

APN: 035-062-003