NOT LISTED FOR SALE

1062 Smith Way Folsom, CA 95630

The Parkway Neighborhood

Estimated Value: $601,000 - $936,000

3 Beds
2 Baths
2,507 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $630,000 $251 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,091/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Empire Oaks Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Broder Family Homestead Park

About This Home

As of August 2018

Parkway stunner! Single story plus loft showcases numerous custom designs. Open floor plan has generous space for entertaining. Beautiful hand-scraped walnut hardwood floors & board and batten paneling. Kitchen features hardwood/travertine floors, limestone counters, custom backsplash & hammered copper farmhouse sink. The 200+ sqft loft is possible 4th bedroom. Enjoy the peaceful, low-maintenance yard w/built-in BBQ while relaxing under the pergola. Walking trails and top rated schools nearby!

Last Agent to Sell the Property

Sarah Cain

Real Estate Source Inc License #01748115 Listed on: 07/12/2018

Co-Listed By

Sharron Wade

Real Estate Source Inc License #01748633

Last Buyer's Agent

Luci Wong

Premier Realty Associates License #01067795

Premier Realty Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 6,050 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,507 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • 1 Fireplace
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Built-In Barbecue

Additional Features

  • Upper Level
  • Central Heating

Community Details

  • Association fees include ground maintenance

Listing and Financial Details

  • Assessor Parcel Number 071-1740-042-0000

Home Details

Home Type

Single Family

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Restrictions: Exterior Alterations
  • Year Built: 2004
  • Architectural Style: Contemporary
  • Stories: 1
  • Remodeled/Updated Desc: Kitchen 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Disposal,Gas Cook Top,Gas Plumbed,Microwave,Plumbed For Ice Maker
  • Other Equipment: Audio/Video Prewired
  • Fireplace Features: Family Room,Gas Piped
  • Fireplaces: 1
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Tub,Walk-In Closet,Window
  • Master Bedroom Features: Ground Floor,Outside Access,Sitting Area
  • Bathroom Features: Double Sinks,Tile,Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook,Dining/Living Combo
  • Kitchen Features: Granite Counter,Island,Kitchen/Family Combo
  • Room Type: Baths Other,Loft,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 251.30
  • Square Footage: 2507
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: East
  • Disclosures/Documents: CC&Rs
  • Exterior Features: BBQ Built-In
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 649000.00
  • Lot Features: Auto Sprinkler F&R,Low Maintenance,Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: All Public,Solar
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Meter on Site,Meter Required

Condo/Co-op/Association

  • Association Fee: 121
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceGrounds
  • Association: Yes
  • Location of Unit: Upper Level

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RES
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1389
  • Lot Size Sq Ft: 6050

Tax Info

  • Assessor Parcel Number: 071-1740-042-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2025
Sold by
Fong Derek N and Edsinga Jeffrey A
Bought by
Fong And Edsinga Living Trust and Fong
Current Estimated Value
$814,656

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 13, 2018
Sold by
Clark Jeff and Clark Sara
Bought by
Fong Derek N and Edsinga Jeffrey A
Seller's Agent
Sarah Cain
Real Estate Source Inc
Buyer's Agent
Luci Wong
Premier Realty Associates
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$488,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Clark Jeff and Clark Sara
Bought by
Clark Jeff and Clark Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 16, 2005
Sold by
Perzhu Ruvim
Bought by
Clark Jeff and Clark Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2005
Sold by
Ryabchuk Nadezhda I
Bought by
Perzhu Ruvim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,672
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Wl Homes Llc
Bought by
Perzhu Ruvim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,672
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Wl Folsom/Parkway Associates Lp
Bought by
Wl Homes Llc
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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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
Fong And Edsinga Living Trust -- None Listed On Document
Fong Derek N $630,000 Stewart Title Of Sacramento
Clark Jeff -- Financial Title Company
Clark Jeff $575,000 Financial Title Company
Perzhu Ruvim -- First American Title Co
Perzhu Ruvim $527,500 First American Title Co
Wl Homes Llc $881,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Derek N $488,000
Previous Owner Clark Jeff $428,000
Previous Owner Clark Jeff $357,000
Previous Owner Perzhu Ruvim $421,672
Closed Perzhu Ruvim $52,709
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $630,000 -2.9% $251 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $649,000 -- $259 / 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 $8,523 $702,771 $189,635 $513,136
2024 $8,523 $688,992 $185,917 $503,075
2023 $8,393 $675,483 $182,272 $493,211
2022 $8,281 $662,240 $178,699 $483,541
2021 $8,180 $649,256 $175,196 $474,060
2020 $8,101 $642,600 $173,400 $469,200
2019 $7,986 $630,000 $170,000 $460,000
2018 $8,196 $651,325 $158,581 $492,744
2017 $7,407 $608,716 $148,207 $460,509
2016 $7,528 $568,895 $138,512 $430,383
2015 $7,150 $547,015 $133,185 $413,830
2014 $6,850 $536,290 $130,574 $405,716
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sarah Cain

    Real Estate Source Inc

  • Sharron Wade

    Seller Co-Listing Agent in 2018

    Sharron Wade

    Real Estate Source Inc

    (916) 402-8775

    1 in this area

    20 Total Sales

    Sharron Wade
    Section Image
  • Luci Wong

    Buyer's Agent in 2018

    Luci Wong

    Premier Realty Associates

    (916) 715-0635

    23 Total Sales

    Luci Wong
    Section Image
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Map

Source: MetroList

MLS Number: 18047064

MetroList

APN: 071-1740-042

California Sacramento County Folsom 95630 The Parkway

1062 Smith Way, Folsom, CA

Not Listed for Sale

Detached

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