NOT LISTED FOR SALE

Estimated Value: $354,000 - $358,964

3 Beds
2 Baths
1,555 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $305,000 $196 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,525/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Beamed Ceilings
  • Traditional Floor Plan
  • No HOA
  • 3-minute walk to Triangle Park

About This Home

As of December 2023

1300 Melrose Terrace is a beautifully maintained corner property that has been loved by the current owners for over 15 years. This cozy 3 Bedroom 2 Full Bath Cape Cod style home includes a Family Room and a finished Lower Level with a wet bar giving you lots of living space for you to enjoy. It is conveniently located in Folsom allowing for great walkability to Caffeinato (a corner coffee shop) and quick access to public transportation and major highways. This Folsom gem is ready to be made your own. Book an appointment today!

Last Agent to Sell the Property

Dylan Terenick

BHHS Fox & Roach-Media License #RS354369 Listed on: 11/15/2023

BHHS Fox & Roach-Media

Last Buyer's Agent

Craig Dawson

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,871

Year Built

  • Built in 1945

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70.00 x 128.94

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 1,555 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Bar
  • Paneling
  • Beamed Ceilings
  • Recessed Lighting
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

  • Ridley Middle School
  • Ridley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 372-000
  • Assessor Parcel Number 38-03-01297-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,871

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Shed, Washer, Dryer all in as is condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-11-15
  • Federal Flood Zone: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Bar, Cedar Closet(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Galley, Recessed Lighting
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Beamed Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1555
  • Living Area Sq Ft: 1555
  • Price Per Sq Ft: 186.43
  • Above Grade Finished Sq Ft: 1555
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1300

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RIDLEY
  • Middle School: RIDLEY
  • High School: RIDLEY
  • Middle School Source: Listing Agent
  • School District Key: 300200397359
  • School District Source: Listing Agent
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.21
  • Lot Dimensions: 70.00 x 128.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.60
  • Year Assessed: 2023
  • Zoning: RESID
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5189.00
  • Tax Annual Amount: 6871.00
  • Assessor Parcel Number: 38-03-01297-00
  • Tax Lot: 372-000
  • Tax Total Finished Sq Ft: 1555
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/20/2023

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 20, 2023
Sold by
Hansen Kurt T
Bought by
Grant Patrick J
Seller's Agent
Dylan Terenick
BHHS Fox & Roach-Media
Buyer's Agent
Craig Dawson
Long & Foster Real Estate, Inc.
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Views
131
Current Estimated Value
$355,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,991
Avg. Annual Appreciation
6.83%
Original Mortgage
$274,500
Outstanding Balance
$271,269
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$68,651

Purchase Details

Closed on
Feb 5, 2016
Sold by
Hansen Carol B
Bought by
Hansen Carol B and Hansen Kurt T

Purchase Details

Closed on
Mar 22, 2006
Sold by
Costello James Patrick and Costello Diane Catherine
Bought by
Hansen Robert P and Hansen Carol B

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
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Grant Patrick J $305,000 None Listed On Document
Hansen Carol B -- None Available
Hansen Robert P $230,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Patrick J $274,500
Previous Owner Hansen Robert P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $305,000 +5.2% $196 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $289,900 -- $186 / Sq Ft
Source: Bright MLS

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
2024 $6,901 $198,760 $61,900 $136,860
2023 $6,601 $198,760 $61,900 $136,860
2022 $6,389 $198,760 $61,900 $136,860
2021 $9,891 $198,760 $61,900 $136,860
2020 $5,893 $104,320 $37,140 $67,180
2019 $5,785 $104,320 $37,140 $67,180
2018 $5,713 $104,320 $0 $0
2017 $5,713 $104,320 $0 $0
2016 $573 $104,320 $0 $0
2015 $584 $104,320 $0 $0
2014 $573 $104,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2057448

Bright MLS

APN: 38-03-01297-00