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6500 Morgan Place

6500 Morgan Place, Loomis, CA 95650
Property in Placer
Sold Jul 15, 2021
$1,265,000
$515,000 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2051
Sold Aug 24, 2011
$372,500
$338,602 by Comstock Mortgage
Mortgage Due Sep 01, 2041
6500 Morgan Place has been categorized by the local assessors in Loomis, CA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 6500 Morgan Place has 2,338 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 274,428 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a unknown on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6500 Morgan Place was last sold in Jul 8, 2021 for $1,265,000. According to our calculations, that's $541.06 per sqft. Prior to that sales transaction, the property was sold for $372,500 in Aug 13, 2011. Current property owners are expected to pay $13,853 in taxes per year. The property on 6500 Morgan Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,226,000. To break that down further, the land itself was valued at $484,600. While improvements to the property were assessed at a total of $741,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 274,428
  • Total Building Area: 2,338
  • Gross Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,338
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAL VERDE RANCH
  • Land Acres: 6.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 6.3 AC SEC 27 11 7

Ownership

  • Current Owner : GANT THOMAS
  • Current Owner 2: GANT DEBORAH L
  • Previous Owner : HUGGETT KEITH
  • Previous Owner 2: HUGGETT ALLYSON
  • Owner Before Previous Owner: DING GERALD F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Loomis Union Elementary School District
  • Census Tract: 020607

Zoning

  • Zoning: RABX

Geography

  • Parcel: 035-012-080-000
  • Meridian: SEC 27 TWN 11N RNG 7E
  • Latitude: 38.7752
  • Longitude: -121.177

    Address

  • Full Address: 6500 Morgan Pl
  • Address - House Number: 6500
  • Address - Street Name: Morgan
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Loomis
  • Carrier Code: R004
  • 4-Digit Zip Code: 9346
  • Zip Code: 95650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,853
  • Tax Rate Code Area: 078104

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,360,517
  • High Value: 1,618,692
  • Low Value: 1,102,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $515,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $515,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,226,000
  • Assessed Land Value: $484,600
  • Assessed Improvements Value: $741,400

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843558022
  • Current Sale Price: $1,265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0090572
  • Previous Sale Recording Date: Aug 24, 2011
  • Previous Sale Contract Date: Aug 13, 2011
  • Previous Sale Amount: $372,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $515,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMSTOCK MORTGAGE
  • Previous Mortgage Transaction Date: Aug 24, 2011
  • Previous Mortgage Loan Amount: $338,602
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Granite Bay



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Frequently Asked Questions

What neighborhood is 6500 Morgan Place located in?
The 6500 Morgan Place is a located in the neighborhood of Placer in Granite Bay, Loomis.
What is the average sales price for listings in 6500 Morgan Place?
The average sales price for units in 6500 Morgan Place is $0 currently.

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