Exciting investment opportunity in Loomis, CA, with two exceptional homes on one low maintenance parcel. 3492 Colvin Drive is 1,203 sq ft and features 3 bedrooms, 2 bathrooms, an attached one car garage, private fenced in backyard, and garden beds to grow your own food or flowers. It was fully renovated in 2022 to include all new flooring, lighting, quartz countertops, and a new washer/dryer. 5481 King Road is 1,227 sq ft and features 4 bedrooms, 2 bathrooms, an 8x12 storage shed, private fenced in backyard, and off-street parking. It was newly constructed in 2023 with 9' ceilings, luxury vinyl plank flooring throughout, quartz countertops, and all new appliances. This home is currently leased. Enjoy proximity to downtown, quick I-80 access, and top schools like H Clarke Powers Elementary and Del Oro High School. Ideal for investors or multi-generational living, you can live in one home while renting the other to offset your mortgage. Possible uses include medium-short term rentals, assisted living, or in-home daycare (buyer to verify). Additionally, there's potential for an SB9 lot split (buyer to verify). In a growing community with new developments, this is a prime investment opportunity not to be missed!
Closed
$990,000
3492 Colvin Dr, Loomis, CA 95650
7beds
2,430sqft
Multi Family, Single Family Residence
Built in 1962
8,211.06 Square Feet Lot
$992,200 Zestimate®
$407/sqft
$3,009 Estimated rent
Home value
$992,200
$913,000 - $1.08M
$3,009/mo
Zestimate® history
Owner options
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$3,009/mo
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$3,009/mo
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$6,158/mo
Est. payment
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$6,158/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mason Robinson,
One Summit Real Estate
Bought with:
Anthony Scarpelli, DRE #01442942
Better Homes and Gardens RE
Source: MetroList Services of CA,MLS#: 225013964Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Closet, Walk-In Closet, Outside Access
Primary bathroom
- Features: Shower Stall(s), Double Vanity, Tile, Tub
Dining room
- Features: Other
Kitchen
- Features: Quartz Counter
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Ice Maker, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Washer/Dryer Stacked
- Laundry: Laundry Room, Cabinets, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Inside Room
Features
- Flooring: Laminate, Vinyl
- Attic: Room
- Has fireplace: No
Interior area
- Total interior livable area: 2,430 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Dog Run, Entry Gate
- Fencing: Back Yard,Wood,Full
Lot
- Size: 8,211 sqft
- Features: Corner Lot, Landscape Back, Landscape Front, Low Maintenance
Details
- Additional structures: Shed(s), Storage, Guest House, Workshop
- Parcel number: 044161001000
- Zoning description: Residential
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Single Family Residence
Materials
- Ceiling Insulation, Concrete, Frame, Wall Insulation, Wood, Wood Siding, Other
- Foundation: Concrete, Slab
- Roof: Shingle
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, DSL Available, Solar, Electric, Internet Available, Natural Gas Connected
Green energy
- Energy generation: Solar
Community & neighborhood
Location
- Region: Loomis
Other
Other facts
- Price range: $990K - $990K
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2025 | Sold | $990,000-6.2%$407/sqft |
Source: MetroList Services of CA #225013964 Report a problem | ||
| 3/1/2025 | Pending sale | $1,055,000$434/sqft |
Source: MetroList Services of CA #225013964 Report a problem | ||
| 2/26/2025 | Price change | $1,055,000-1.9%$434/sqft |
Source: MetroList Services of CA #225013964 Report a problem | ||
| 1/24/2025 | Listed for sale | $1,075,000+23.6%$442/sqft |
Source: MetroList Services of CA #225007893 Report a problem | ||
| 1/15/2025 | Listing removed | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2024 | Listed for rent | $2,900+1.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/19/2023 | Listed for rent | $2,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2023 | Sold | $870,000-3.2%$358/sqft |
Source: MetroList Services of CA #223012477 Report a problem | ||
| 4/12/2023 | Pending sale | $899,000$370/sqft |
Source: MetroList Services of CA #223023734 Report a problem | ||
| 3/23/2023 | Price change | $899,000-5.3%$370/sqft |
Source: MetroList Services of CA #223012477 Report a problem | ||
| 2/15/2023 | Listed for sale | $949,000+145.2%$391/sqft |
Source: MetroList Services of CA #223010396 Report a problem | ||
| 1/7/2022 | Sold | $387,000+7.5%$159/sqft |
Source: Public Record Report a problem | ||
| 6/16/2021 | Sold | $360,000$148/sqft |
Source: MetroList Services of CA #20069683 Report a problem | ||
| 5/26/2021 | Pending sale | $360,000+23.6%$148/sqft |
Source: MetroList Services of CA #20069683 Report a problem | ||
| 5/18/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 5/18/2021 | Pending sale | $291,246$120/sqft |
Source: RE/MAX International #20069683 Report a problem | ||
| 3/4/2021 | Contingent | $291,246$120/sqft |
Source: MetroList Services of CA #20069683 Report a problem | ||
| 3/4/2021 | Listed for sale | $291,246+5.2%$120/sqft |
Source: RE/MAX Gold #20069683 Report a problem | ||
| 1/5/2021 | Contingent | $276,900$114/sqft |
Source: Local MLS #20069683 Report a problem | ||
| 12/11/2020 | Pending sale | $276,900$114/sqft |
Source: RE/MAX Gold #20069683 Report a problem | ||
| 12/1/2020 | Price change | $276,900-6.1%$114/sqft |
Source: RE/MAX Gold #20069683 Report a problem | ||
| 11/20/2020 | Listed for sale | $294,900$121/sqft |
Source: RE/MAX Gold #20069683 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,181 +20.8% | $905,148 +2% |
| 2024 | $8,426 +33.8% | $887,400 +59.7% |
| 2023 | $6,298 +44.1% | $555,740 +51.3% |
| 2022 | $4,369 +3.2% | $367,200 +13.6% |
| 2021 | $4,234 +190.8% | $323,315 +222.5% |
| 2020 | $1,456 | $100,262 +2% |
| 2019 | $1,456 +13.2% | $98,297 +2% |
| 2018 | $1,286 +2.2% | $96,371 +2% |
| 2017 | $1,259 +2.6% | $94,483 +2% |
| 2016 | $1,226 +2.4% | $92,631 +1.5% |
| 2015 | $1,197 +1.9% | $91,240 +2% |
| 2014 | $1,175 | $89,454 +0.5% |
| 2013 | -- | $89,051 +2% |
| 2012 | -- | $87,306 +2% |
| 2011 | -- | $85,595 +0.8% |
| 2010 | -- | $84,957 -0.2% |
| 2009 | -- | $85,160 +2% |
| 2008 | -- | $83,491 +2% |
| 2007 | -- | $81,855 +2% |
| 2006 | -- | $80,251 +2% |
| 2005 | -- | $78,679 +2% |
| 2004 | -- | $77,137 +1.9% |
| 2003 | -- | $75,724 +2% |
| 2002 | -- | $74,241 +2% |
| 2001 | -- | $72,786 +2% |
| 2000 | -- | $71,360 |
Find assessor info on the county website
Neighborhood: 95650
Nearby schools
GreatSchools rating
- 8/10H. Clarke Powers Elementary SchoolGrades: K-8Distance: 0.4 mi
- 10/10Del Oro High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$992,200
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Estimated market value
$992,200
- California
- Placer County
- Loomis
- 95650
- 3492 Colvin Dr
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