NOT LISTED FOR SALE

7200 Wells Ave Loomis, CA 95650

Estimated Value: $1,713,000 - $2,038,122

4 Beds
2 Baths
3,450 Sq Ft
$536/Sq Ft Est. Value

Last Sold February 14, 2021

Last sale price $1,350,000 $391 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,270/month

28 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • No HOA
  • Del Oro High School Rated A
  • 5.07 Acre Lot
  • Central Heating and Cooling System

About This Home

As of February 2021

Just move in and relax. Plenty of space to finish as you need. 5 Acres of beautifully maintained multifamily or investment property. An amazing opportunity with price to match. 2400 square feet of steel enclosed 2400 square feet of steel inclosed garage/barn with water, electricity and owned septic. Both houses have their own electric meter, city water and septic. Live in one and rent two others. Daycare, office space or live and work or school opportunity are awaiting. Rent the houses and use the 2400 SF of garage for your business with a income. The sky and your imagination is the limits.

Last Agent to Sell the Property

Marc Stanley

Kirkson Realty Group License #01731173 Listed on: 10/16/2020

Last Buyer's Agent

Mark Maselli

The Realty Consulting Group License #01776241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,303

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 5.07 Acre Lot
  • Zoning described as RA-B-X

Parking

  • 4 Car Garage
  • Extra Deep Garage
  • Driveway

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Lower Level
  • Horses Allowed On Property
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 036-164-030-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,303

Year Built

Built in 1985 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Restrictions: Tree Ordinance
  • Year Built: 1985
  • Architectural Style: Traditional,Cottage/Bungalow
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Free Standing Electric Oven,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Wood
  • Master Bedroom Features: Closet
  • Bathroom Features: Low-Flow Toilet(s),Shower Stall(s),Tile,Tub
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook,Dining/Living Combo,Formal Area
  • Kitchen Features: Other Counter,Pantry Cabinet
  • Room Type: Baths Other,Dining Room,Game Room,Living Room,Master Bedroom,Workshop,Office Area
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 391.30
  • Square Footage: 3450

Exterior Features

  • Other Structures: Guest House,Shed(s),Workshop
  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Pest Control Report Available,Roof Inspection,TDS Available,Whole House Inspection Available,See Remarks
  • Fencing: Chain Link,Back Yard,Front Yard
  • Foundation: PillarPostPier, Slab
  • Horse Property: Yes
  • Listing Price: 1350000.00
  • Lot Features: Auto Sprinkler F&R,Auto Sprinkler Front,Auto Sprinkler Rear,Corner,Pond Year Round,See Remarks
  • Patio And Porch Features: Back Porch,Covered Deck
  • Pool Features: On Lot,Pool/Spa Combo,Other
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition,Other
  • Land Use: Pasture,Ranch

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: 24'+ Deep Garage
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Sewer: Septic Connected,Septic System,See Remarks
  • Utilities: All Public
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Upper Floor,Washer/Dryer Included
  • Water Source: Well,Private,Untreated,See Remarks

Condo/Co-op/Association

  • Association: No
  • Location of Unit: Lower Level

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Horse Amenities: 1-6 Stalls,Barn(s),Barn Amenities,Hay Storage
  • Zoning Description: RA-B-X
  • Irrigation: Irrigation Connected,Meter Paid,See Remarks
  • Lot Size Acres: 5.0700
  • Lot Size Sq Ft: 220849

Tax Info

  • Assessor Parcel Number: 036-164-030-000
  • Bonds/Assessments/Taxes Description: Local Assessments,Other
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Harkins James P and Maselli Shannon N
Bought by
Maselli Shannon N and Harkins James P
Current Estimated Value
$1,849,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,019,100
Outstanding Balance
$927,476
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$795,182

Purchase Details

Listed on
Oct 16, 2020
Closed on
Feb 3, 2021
Sold by
Mesbah Cyrus Koorosh and Mesbah Cathleen Jane
Bought by
Harkins James and Maselli Shannon N
Seller's Agent
Marc Stanley
Kirkson Realty Group
Buyer's Agent
Mark Maselli
The Realty Consulting Group
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$1,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2013
Sold by
Mesbah Cyrus and Mesbah Cathleen
Bought by
The Mesbah Family Trust

Purchase Details

Closed on
May 4, 2007
Sold by
Mesbah Cyrus K and Mesbah Cathy
Bought by
Mesbah Cyrus and Mesbah Cathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 30, 2007
Sold by
Fallahi Ali M
Bought by
Mesbah Cyrus K and Mesbah Cathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 19, 2006
Sold by
Rexroth Paul F and Rexroth Ruth E
Bought by
Rexroth Paul F and Rexroth Ruth E

Purchase Details

Closed on
Jul 27, 2006
Sold by
Fallahi Ali M
Bought by
Mesbah Cyrus and Mesbah Kathy

Purchase Details

Closed on
Aug 3, 1999
Sold by
Fallahi Ali M and Fallahi Ali
Bought by
Fallahi Ali M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
7.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 1999
Sold by
Mesbah and Cathy
Bought by
Fallahi Ali

Purchase Details

Closed on
Jul 3, 1995
Sold by
Mesbah Cyrus and Mesbah Cathy
Bought by
Mesbah Cyrus and Mesbah Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1995
Sold by
Thomas Rodger D and Thomas Cathy J
Bought by
Mesbah Cyrus and Mesbah Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage
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
Maselli Shannon N -- Fidelity Natl Ttl Co Of Ca
Harkins James $1,350,000 Fidelity Natl Ttl Co Of Ca
The Mesbah Family Trust $1,818 None Available
Mesbah Cyrus -- Commonwealth Land Title
Mesbah Cyrus K -- Commonwealth Land Title Co
Rexroth Paul F -- Fidelity Natl Title Co Of Ca
Mesbah Cyrus -- Fidelity Natl Title Co Of Ca
Fallahi Ali M -- Placer Title Company
Fallahi Ali $15,000 --
Mesbah Cyrus -- Chicago Title Co
Mesbah Cyrus $186,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maselli Shannon N $1,019,100
Closed Harkins James $1,000,000
Previous Owner Mesbah Cyrus K $712,000
Previous Owner Fallahi Ali M $75,000
Previous Owner Fallahi Ali M $10,500
Previous Owner Fallahi Ali M $400,000
Previous Owner Mesbah Cyrus $159,000
Closed Mesbah Cyrus $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2021 02/14/21 Sold $1,350,000 0.0% $391 / Sq Ft
01/01/2021 01/01/21 Off Market $1,350,000 -- --
12/31/2020 12/31/20 Off Market $1,350,000 -- --
11/13/2020 11/13/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $1,350,000 -- $391 / 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 $14,303 $1,461,281 $481,681 $979,600
2023 $14,303 $1,362,404 $449,100 $913,304
2022 $15,136 $1,377,000 $453,900 $923,100
2021 $7,470 $677,553 $332,982 $344,571
2020 $7,380 $670,606 $329,568 $341,038
2019 $7,253 $657,457 $323,106 $334,351
2018 $6,874 $644,567 $316,771 $327,796
2017 $6,736 $631,929 $310,560 $321,369
2016 $6,596 $619,539 $304,471 $315,068
2015 $6,461 $610,234 $299,898 $310,336
2014 $6,363 $598,281 $294,024 $304,257
Source: Public Records

Agents Affiliated with this Home

  • Marc Stanley

    Seller's Agent in 2021

    Marc Stanley

    Kirkson Realty Group

    (202) 525-0094

    1 in this area

    34 Total Sales

    Marc Stanley
    Section Image

  • M

    Buyer's Agent in 2021

    Mark Maselli

    The Realty Consulting Group

See All Agents

Map

Source: MetroList

MLS Number: 20062149

MetroList

APN: 036-164-030

California Placer County Loomis 95650

7200 Wells Ave, Loomis, CA

This home is located at 7200 Wells Ave, Loomis, CA 95650 since 16 October 2020 and is currently estimated at $1,849,781, approximately $536 per square foot. This property was built in 1985. 7200 Wells Ave is a home located in Placer County with nearby schools including Del Oro High School, Loomis Basin Charter School, and Sierra Foothills Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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