NOT LISTED FOR SALE

1121 River Bend Ct Folsom, CA 95630

Estimated Value: $193,488 - $348,000

0.32 Acre
$878,699 Price per Acre
13,800 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $135,000

Est. 106% increase in value since last sale

Current estimated payment $1,595/month

282 Days on Market

About This Lot

As of July 2021

Beautiful neighborhood and residential lot located at the end of a Cul-De-Sac on almost 1/3 of an acre. Close to American River Canyon North lot is surrounded with newer homes and this is a great opportunity to build your dream home! Imagine building a great house with a deck and a view to the American River.

Last Agent to Sell the Property

Carlotta Diaz

NextHome Haven Properties License #01171717 Listed on: 07/07/2020

NextHome Haven Properties

Last Buyer's Agent

Michael Kennedy

Vylla Homes Inc. License #01300456

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Many Trees
  • Possible uses of the property include Single Family
  • Property is zoned R-1-ML

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 223-0500-056-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs, Tree Ordinance
  • Listing Price: 169000.00
  • Lot Features: Sidewalk(s), Street Light(s)
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: None

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R-1-ML
  • Crops: None
  • Current Use: Vacant
  • Development Status: Lot Build To Suit
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.3168
  • Lot Size Sq Ft: 13800
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 223-0500-056-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Preston Damon H and Pela Omar U
Bought by
Preston Construction One Llc
Current Estimated Value
$278,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,224
Outstanding Balance
$1,033,316
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$754,944

Purchase Details

Closed on
Feb 27, 2024
Sold by
Kennedy Michael and Kennedy Victoria I
Bought by
Pela Omar U and Preston Damon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 27, 2021
Sold by
Cortez Otto S and Cortez Rowena C
Bought by
Kennedy Michael C and Kennedy Victoria I
Seller's Agent
Carlotta Diaz
NextHome Haven Properties
Buyer's Agent
Michael Kennedy
Vylla Homes Inc.
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$101,250
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Cortez Otto
Bought by
Cortez Otto S and Cortez Rowena C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Cortez Rowena Crisostomo
Bought by
Cortez Otto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 21, 2005
Sold by
Riley John C J and Riley Victoria M
Bought by
Cortez Otto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2004
Sold by
Henningsen Barbara
Bought by
Riley John C J and Riley Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Marks Arthur D
Bought by
Henningsen Barbara

Purchase Details

Closed on
Jul 16, 2002
Sold by
Hayden Sheryl
Bought by
Marks Arthur D

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bragonier Harold W and Bragonier Jeanette
Bought by
Hayden Sheryl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Preston Construction One Llc -- Stewart Title Of California
Preston Construction One Llc -- Stewart Title Of California
Pela Omar U $195,000 Cornerstone Title Company
Preston Damon H -- Cornerstone Title Company
Kennedy Michael C $135,000 Placer Title Company
Cortez Otto S -- Financial Title Company
Cortez Otto -- Placer Title Company
Cortez Otto $195,000 Placer Title Company
Riley John C J $155,000 Old Republic Title Company
Henningsen Barbara $128,000 Stewart Title Of Sacramento
Marks Arthur D $85,000 Stewart Title
Hayden Sheryl $30,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Construction One Llc $1,040,224
Closed Preston Construction One Llc $1,040,224
Previous Owner Preston Damon H $170,000
Previous Owner Kennedy Michael C $101,250
Previous Owner Cortez Otto S $150,000
Previous Owner Cortez Otto $146,250
Previous Owner Riley John C J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $135,000 0.0% --
07/07/2021 07/07/21 Off Market $135,000 -- --
04/15/2021 04/15/21 Pending -- -- --
02/16/2021 02/16/21 For Sale -- -- --
07/07/2020 07/07/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $169,000 -- --
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 $1,685 $198,900 $198,900 --
2024 $1,685 $140,454 $140,454 --
2023 $1,642 $137,700 $137,700 $0
2022 $1,633 $135,000 $135,000 $0
2021 $3,047 $251,108 $251,108 $0
2020 $2,990 $248,534 $248,534 $0
2019 $2,930 $243,661 $243,661 $0
2018 $2,896 $238,884 $238,884 $0
2017 $2,868 $234,200 $234,200 $0
2016 $2,695 $229,608 $229,608 $0
2015 $2,660 $226,160 $226,160 $0
2014 $2,606 $221,730 $221,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20038960

MetroList

APN: 223-0500-056