NOT LISTED FOR SALE

1078 Smith Way Folsom, CA 95630

The Parkway Neighborhood

Estimated Value: $856,132 - $982,000

3 Beds
2 Baths
2,507 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $679,900 $271 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,626/month

7 Days on Market

Highlights

  • Double Pane Windows
  • Bathtub with Shower
  • 4-minute walk to Broder Family Homestead Park
  • Empire Oaks Elementary School Rated A
  • Central Heating

About This Home

As of September 2020

Gorgeous (and super CLEAN) former model home located in one of Folsom's most sought after neighborhoods, The Parkway. Incredible upgrades throughout the home including travertine floors w/mosaic tile inlays, a chef's kitchen featuring rich stained cabinets, granite counters, NEW stainless appliances, 2 year old HVAC with upgraded HEPA filtration system, trendy custom built-ins, etc. ALL bedrooms are on the first floor of this awesome floor plan, only room upstairs is the open loft which is the perfect bonus room or playroom. The current office space is a great work from home location OR 4th bedroom. The Master Suite has backyard access, a true getaway from the rest of the house. In the backyard the custom concrete patio, water feature and built in BBQ is perfect for entertaining. The Parkway community features more than 200 acres of open space, miles of nature trails, peaceful neighborhoods, multi-purpose parks and top schools. Close to Folsom Lake and only 25 mins to Sacramento.

Last Agent to Sell the Property

Steven Lamothe

Keller Williams Realty License #01953465 Listed on: 08/14/2020

Keller Williams Realty

Last Buyer's Agent

Kendra Bishop

Coldwell Banker Realty License #01362018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 7,366 Sq Ft Lot
  • Zoning described as R1M

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,507 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating
  • 220 Volts

Community Details

  • Association fees include ground maintenance

Listing and Financial Details

  • Assessor Parcel Number 071-1740-046-0000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 2003
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Marble,Stone
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining Bar,Formal Area,Space in Kitchen
  • Room Type: Baths Other,Master Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 271.20
  • Square Footage: 2507
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 679900.00
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

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

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Fee: 121
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceGrounds
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R1M
  • Irrigation: None
  • Lot Size Acres: 0.1691
  • Lot Size Sq Ft: 7366

Tax Info

  • Assessor Parcel Number: 071-1740-046-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Linda Elachkar
Bought by
Elachkar Trust
Current Estimated Value
$910,033

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 14, 2020
Sold by
Aquino Arnel T and Aquino Melissa S
Bought by
Elachkar Linda
Seller's Agent
Steven Lamothe
Keller Williams Realty
Buyer's Agent
Kendra Bishop
Coldwell Banker Realty
List Price
$679,900
Sold Price
$679,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$250,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Aquino Arnel T and Aquino Meilssa S
Bought by
Aquino Arnel T and Aquino Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 9, 2013
Sold by
Zenker Roger and Zenker Martha V
Bought by
Aquino Arnel T and Aquino Melissa S
Seller's Agent
Edward Corominas
Nick Sadek Sotheby's International Realty
Buyer's Agent
Jeret Arnaz
Keller Williams Realty Folsom
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$405,982
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2007
Sold by
Zenker Roger and Zenker Martha V
Bought by
Zenker Roger and Zenker Martha V

Purchase Details

Closed on
Oct 28, 2004
Sold by
Woodley Michael L and Woodley Carol A
Bought by
Zenker Roger and Zenker Martha V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Wl Homes Llc
Bought by
Woodley Michael L and Woodley Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,312
Interest Rate
4.5%
Mortgage Type
Purchase Money 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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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
Elachkar Trust $84,545 Filippi Law Firm Pc
Elachkar Linda $680,000 Fidelity National Ttl Co Ie
Aquino Arnel T -- Chicago Title Company
Aquino Arnel T $549,000 Chicago Title Company
Zenker Roger -- None Available
Zenker Roger $620,000 First American Title Co
Woodley Michael L $443,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elachkar Linda $250,000
Previous Owner Aquino Arnel T $404,000
Previous Owner Aquino Arnel T $405,982
Previous Owner Zenker Roger $496,000
Previous Owner Woodley Michael L $354,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $679,900 0.0% $271 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $679,900 +23.8% $271 / Sq Ft
09/16/2013 09/16/13 Sold $549,000 0.0% $219 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $549,000 -- $219 / 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 $8,953 $735,942 $211,073 $524,869
2024 $8,953 $721,513 $206,935 $514,578
2023 $8,818 $707,367 $202,878 $504,489
2022 $8,624 $693,498 $198,900 $494,598
2021 $8,519 $679,900 $195,000 $484,900
2020 $7,865 $614,246 $145,715 $468,531
2019 $7,756 $602,203 $142,858 $459,345
2018 $7,603 $590,396 $140,057 $450,339
2017 $7,168 $578,820 $137,311 $441,509
2016 $7,590 $567,471 $134,619 $432,852
2015 $7,357 $558,948 $132,597 $426,351
2014 $7,048 $548,000 $130,000 $418,000
Source: Public Records

Agents Affiliated with this Home

  • Steven Lamothe

    Seller's Agent in 2020

    Steven Lamothe

    Keller Williams Realty

    (916) 665-0392

    12 in this area

    524 Total Sales

    Steven Lamothe
    Section Image
  • Kendra Bishop

    Buyer's Agent in 2020

    Kendra Bishop

    Coldwell Banker Realty

    (916) 312-4068

    1 in this area

    238 Total Sales

    Kendra Bishop
    Section Image
  • Dana Svanum

    Buyer Co-Listing Agent in 2020

    Dana Svanum

    Coldwell Banker Realty

    (916) 893-8666

    1 in this area

    95 Total Sales

    Dana Svanum
    Section Image
  • Edward Corominas

    Seller's Agent in 2013

    Edward Corominas

    Nick Sadek Sotheby's International Realty

    (916) 599-9389

    1 in this area

    101 Total Sales

    Edward Corominas
    Section Image
  • Jeret Arnaz

    Buyer's Agent in 2013

    Jeret Arnaz

    Keller Williams Realty Folsom

    (916) 496-2556

    32 Total Sales

    Jeret Arnaz
    Section Image
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Map

Source: MetroList

MLS Number: 20047673

MetroList

APN: 071-1740-046

California Sacramento County Folsom 95630 The Parkway

1078 Smith Way, Folsom, CA

Not Listed for Sale

Detached

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