NOT LISTED FOR SALE

7201 Wells Ave Loomis, CA 95650

Estimated Value: $1,153,000 - $1,363,000

4 Beds
2.5 Baths
2,010 Sq Ft
$645/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $725,000 $361 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,674/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Breakfast Area or Nook
  • Del Oro High School Rated A
  • No HOA
  • Central Heating

About This Home

As of April 2016

This 4 bedroom 2 and a half bathroom single story home sits on nearly 5 acres in the heart of Loomis. Built in 1999, this home has been tastefully updated with granite counter tops and bamboo floors throughout. The property features a 110'x230' sand arena, a 6 box stall barn with tack room, hay storage and three outdoor stalls, a round pen, vinyl fencing, two ponds and is on city water! Located in the Del Oro High School district and within walking distance to Franklin Elementary.

Last Agent to Sell the Property

Jeff Anderson

RE/MAX Gold Rocklin License #01719714 Listed on: 03/30/2016

Co-Listed By

Janet Hayden

Nick Sadek Sotheby's International Realty License #00770040

Last Buyer's Agent

Jeff Anderson

RE/MAX Gold Rocklin License #01719714 Listed on: 03/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1999

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • 220 Volts In Laundry

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 036-163-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,500

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Ranchette/Country
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1999
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Wood
  • Bathroom Features: Shower Stall(s),Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook
  • Room Type: Baths Other
  • Price Per Square Foot: 360.70
  • Square Footage: 2010

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard,Front Yard
  • Foundation: Slab
  • Horse Property: Yes
  • Listing Price: 725000.00
  • Lot Features: Corner,Pond Seasonal,Shape Regular
  • Pool: No
  • Road Surface Type: Gravel
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached,See Remarks

Utilities

  • Sewer: Septic Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Horse Amenities: 1-6 Stalls,Arena,Barn(s),Cross Fenced,Fenced,Hay Storage,Round Pen
  • Zoning Description: RA-B-X
  • Irrigation: Public District
  • Lot Size Acres: 4.9000
  • Lot Size Sq Ft: 213444

Tax Info

  • Assessor Parcel Number: 036-163-012-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Karp Peter and Karp Leah
Bought by
Karp Peter C and Karp Leah M
Current Estimated Value
$1,296,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$377,109
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$880,271

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 19, 2016
Sold by
Mcpheters Alan
Bought by
2006 Karp Family Trust
Seller's Agent
Jeff Anderson
RE/MAX Gold Rocklin
Buyer's Agent
Jeff Anderson
RE/MAX Gold Rocklin
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$725,000
Outstanding Balance
$580,627
Interest Rate
3.68%
Mortgage Type
Seller Take Back
Estimated Equity
$676,753

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 4, 2016
Sold by
Cochran Scott M and Cochran Teri M
Bought by
Mcpheters Alan
Seller's Agent
Jeff Anderson
RE/MAX Gold Rocklin
Buyer's Agent
Jeff Anderson
RE/MAX Gold Rocklin
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$580,627
Interest Rate
3.68%
Mortgage Type
Seller Take Back
Estimated Equity
$676,753

Purchase Details

Closed on
Mar 3, 2003
Sold by
Va
Bought by
Cochran Scott M and Cochran Teri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1999
Sold by
Cochran Scott M and Cochran Teri M
Bought by
Va

Purchase Details

Closed on
Jun 11, 1998
Sold by
Joseph Ford Patrick
Bought by
Cochran Scott M and Cochran Teri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,390
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 1995
Sold by
Ford Patrick J
Bought by
Ford Patrick J
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
Karp Peter C -- First American Title
Karp Peter -- First American Title Company
2006 Karp Family Trust $725,000 Fidelity National Title Co
Mcpheters Alan $725,000 Chicago Title Company
Cochran Scott M -- Placer Title Company
Va -- Placer Title Company
Cochran Scott M $118,000 Placer Title Company
Ford Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karp Peter $425,000
Open 2006 Karp Family Trust $725,000
Previous Owner Cochran Scott M $282,800
Previous Owner Cochran Scott M $310,000
Previous Owner Cochran Scott M $75,000
Previous Owner Cochran Scott M $25,000
Previous Owner Cochran Scott M $82,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $725,000 0.0% $361 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $725,000 -- $361 / 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 $9,500 $895,615 $473,516 $422,099
2023 $9,500 $820,158 $455,130 $365,028
2022 $8,914 $767,803 $446,206 $321,597
2021 $9,119 $792,890 $437,457 $355,433
2020 $9,008 $784,761 $432,972 $351,789
2019 $8,854 $769,375 $424,483 $344,892
2018 $8,399 $754,290 $416,160 $338,130
2017 $8,256 $739,500 $408,000 $331,500
2016 $5,096 $444,838 $158,748 $286,090
2015 $4,990 $438,157 $156,364 $281,793
2014 $4,912 $429,576 $153,302 $276,274
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeff Anderson

    RE/MAX

  • Janet Hayden

    Seller Co-Listing Agent in 2016

    Janet Hayden

    Nick Sadek Sotheby's International Realty

    (916) 207-1277

    28 Total Sales

    Janet Hayden
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Map

Source: MetroList

MLS Number: 16017158

MetroList

APN: 036-163-012

California Placer County Loomis 95650

7201 Wells Ave, Loomis, CA

This home is located at 7201 Wells Ave, Loomis, CA 95650 since 30 March 2016 and is currently estimated at $1,296,797, approximately $645 per square foot. This property was built in 1999. 7201 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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