NOT LISTED FOR SALE

8718 King Rd Loomis, CA 95650

Estimated Value: $598,000 - $1,063,482

4 Beds
2.5 Baths
2,086 Sq Ft
$423/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $435,000 $209 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,111/month

14 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Balcony
  • Del Oro High School Rated A
  • Formal Dining Room
  • Double Pane Windows

About This Home

As of December 2017

Picturesque Loomis property! This lovely house is full of vintage charm and ready for new owners to make it their own. Gated entry and beautiful curb appeal. Two ponds, fruit trees, pastures, outbuildings, and of course....LOOMIS schools! Recent well test came in at 18.5/gallons per minute, plus PCWA irrigation water.

Last Agent to Sell the Property

Julee Patterson

Gateway Properties License #01360489 Listed on: 10/26/2017

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2.4 Acre Lot
  • Zoning described as RA-B-100

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,086 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Pond Year Round

Listing and Financial Details

  • Assessor Parcel Number 037-071-054-000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

2.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1940
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Linoleum/Vinyl
  • Master Bedroom Features: Balcony
  • Bathroom Features: Shower Stall(s)
  • Bathrooms: 3.00
  • Dining Room Features: Formal Area
  • Room Type: Baths Other,Master Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 208.53
  • Square Footage: 2086
  • Window Features: Dual Pane Partial

Exterior Features

  • Other Structures: Outbuilding,Shed(s)
  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Well-Test GPM
  • Fencing: Back Yard,Front Yard
  • Foundation: Raised
  • Listing Price: 495000.00
  • Lot Features: Pond Year Round
  • Pool: No
  • Property Condition: Fixer
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Septic System
  • Utilities: Propane
  • Cooling: Ceiling Fan(s),Central,Whole House Fan
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: RA-B-100
  • Irrigation: Public District
  • Lot Size Acres: 2.4000
  • Lot Size Sq Ft: 104544

Tax Info

  • Assessor Parcel Number: 037-071-054-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Kelly Elias Shelby and Kelly Elias
Bought by
Elias Kerrie and Elias Shelby
Current Estimated Value
$903,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$459,697
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$421,674

Purchase Details

Closed on
Sep 24, 2018
Sold by
Elias Real Estate Group
Bought by
Elias Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 29, 2017
Sold by
Venoble Karie S
Bought by
Elias Real Estate Group
Seller's Agent
Julee Patterson
Gateway Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$585,000
Sold Price
$435,000
Premium/Discount to List
-$150,000
-25.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$381,350
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2017
Sold by
Liv Thompson Lawrence X
Bought by
Thompson Lawrence X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,500
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Elias Kerrie -- Fidelity Natl Ttl Co Of Ca
Elias Shelby $258,500 Fidelity Title
Elias Real Estate Group $435,000 Old Republic Title Company
Thompson Lawrence X -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Kerrie $525,000
Closed Elias Shelby $517,000
Previous Owner Elias Real Estate Group $381,350
Previous Owner Thompson Lawrence X $940,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $435,000 -25.6% $209 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $585,000 -- $280 / Sq Ft
Source: MetroList

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 $5,543 $501,979 $256,567 $245,412
2023 $5,543 $482,488 $246,605 $235,883
2022 $5,437 $473,028 $241,770 $231,258
2021 $5,294 $463,754 $237,030 $226,724
2020 $5,226 $459,000 $234,600 $224,400
2019 $5,209 $450,000 $230,000 $220,000
2018 $4,874 $435,000 $225,000 $210,000
2017 $2,227 $187,414 $80,319 $107,095
2016 $2,175 $183,741 $78,745 $104,996
2015 $2,127 $180,982 $77,563 $103,419
2014 $2,090 $177,438 $76,044 $101,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17069086

MetroList

APN: 037-071-054

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