NOT LISTED FOR SALE

116 Lembi Dr Folsom, CA 95630

Estimated Value: $495,000 - $586,000

3 Beds
2 Baths
1,207 Sq Ft
$459/Sq Ft Est. Value

About This Home

This home is located at 116 Lembi Dr, Folsom, CA 95630 and is currently estimated at $553,817, approximately $458 per square foot. 116 Lembi Dr is a home located in Sacramento County with nearby schools including Theodore Judah Elementary School, Sutter Middle School, and Folsom High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2019
Sold by
Chini Fatemeh
Bought by
Chini Soheil and Minaei Shahnaz
Current Estimated Value
$553,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Outstanding Balance
$292,614
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$261,203

Purchase Details

Closed on
Aug 3, 2005
Sold by
Minaei Shahnaz and Chiny Soheil
Bought by
Chiny Soheil and Minaei Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 6, 2004
Sold by
Minaei Shahnaz and Chiny Soheil
Bought by
Minaei Shahnaz and Chiny Soheil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Sold by
Singh Satlindar and Singh Balvindra
Bought by
Minaei Shahnaz and Chiny Soheil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
7.1%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Chini Ali M
Bought by
Minaei Shahnaz and Chiny Soheil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
7.1%

Purchase Details

Closed on
Mar 29, 1998
Sold by
Ken Inc
Bought by
Singh Balvindra and Singh Satlindar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chini Soheil -- First American Title Company
Chiny Soheil -- Alliance Title Company
Minaei Shahnaz -- Alliance Title Company
Minaei Shahnaz $221,500 Old Republic Title Company
Minaei Shahnaz -- Old Republic Title Company
Singh Balvindra $139,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chini Soheil $334,000
Closed Chiny Soheil $336,000
Closed Minaei Shahnaz $222,000
Closed Minaei Shahnaz $210,400
Previous Owner Singh Balvindra $111,200
Closed Singh Balvindra $20,850
Source: Public Records

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 $3,608 $327,197 $88,625 $238,572
2024 $3,608 $320,783 $86,888 $233,895
2023 $3,546 $314,494 $85,185 $229,309
2022 $3,496 $308,328 $83,515 $224,813
2021 $3,452 $302,283 $81,878 $220,405
2020 $3,410 $299,185 $81,039 $218,146
2019 $3,355 $293,319 $79,450 $213,869
2018 $3,275 $287,569 $77,893 $209,676
2017 $3,062 $281,931 $76,366 $205,565
2016 $3,194 $276,404 $74,869 $201,535
2015 $3,091 $272,253 $73,745 $198,508
2014 $2,940 $266,921 $72,301 $194,620
Source: Public Records

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