NOT LISTED FOR SALE

1402 Promontory Point Dr El Dorado Hills, CA 95762

Estimated Value: $1,555,937 - $1,724,000

5 Beds
4.5 Baths
5,234 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $985,000 $188 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,267/month

26 Days on Market

Highlights

  • 1.29 Acre Lot
  • 4 Fireplaces
  • Patio
  • Lake Forest Elementary School Rated A-
  • Double Pane Windows
  • 5-minute walk to Lake Forest Park

About This Home

As of July 2015

Over an acre of lush landscaping and privacy in The Summit. Enjoy the peaceful and serene setting complete with a seasonal creek. The expansive home features an open floor plan that includes a luxurious main floor master suite. Huge gourmet kitchen/great room are perfect for entertaining. Downstairs features in-law quarters and a bonus room with direct rear yard access. Home is equipped with a solar electricity system that is owned NOT LEASED, for super low PG&E bills. Close to Folsom Lake.

Last Agent to Sell the Property

Steve Miller

Nick Sadek Sotheby's International Realty License #01860963 Listed on: 06/14/2015

Nick Sadek Sotheby's International Realty

Co-Listed By

Lisa Paragary

Nick Sadek Sotheby's International Realty License #01196924

Last Buyer's Agent

Kris Focha

Berkshire Hathaway Home Servic License #01157944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,268

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 1.29 Acre Lot
  • Dog Run
  • Back Yard Fenced

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 5,234 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Double Pane Windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Patio
  • Natural Gas Connected

Community Details

  • Association fees include 0
  • Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-163-12-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,268

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom,Planned Unit Develop
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Restrictions: Exterior Alterations,Parking,Signs
  • Year Built: 1993
  • Architectural Style: See Remarks
  • Stories: 2
  • Subdivision: Summit
  • Remodeled/Updated Desc: Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal
  • Fireplace Features: Family Room,Living Room,Master Bedroom,See Remarks
  • Fireplaces: 4
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Jetted Tub,Tile,Walk-In Closet
  • Master Bedroom Features: Ground Floor,Sitting Room,Walk-In Closet
  • Bathroom Features: Double Sinks,Shower Stall(s),Tub
  • Bathrooms: 5.00
  • Dining Room Features: Breakfast Nook,Dining Bar,Formal Room
  • Kitchen Features: Granite Counter,Island,Pantry Closet
  • Room Type: Baths Other,Bonus Room,Great Room,Guest Quarters,Master Bathroom,Master Bedroom,Office
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 188.19
  • Square Footage: 5234
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Exterior Features: Dog Run
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 999999.00
  • Lot Features: Auto Sprinkler F&R,Curb(s)/Gutter(s),Gated Community,Landscape Back,Landscape Front,Stream Seasonal
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Tile
  • View Description: Local

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected,Sewer in Street
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central,MultiUnits
  • Electric: 220 Volts,220 Volts in Laundry,Photovoltaics Seller Owned
  • Heating: Central,Natural Gas
  • Laundry Features: Cabinets
  • Water Source: Meter Required,Public

Condo/Co-op/Association

  • Association Features: Park,Tennis Courts
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association Fee Includes: 0
  • Association: Yes

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 1.2856
  • Lot Size Sq Ft: 56001

Tax Info

  • Assessor Parcel Number: 110-163-12-10
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2015
Closed on
Jul 21, 2015
Sold by
Simonsen Richard R and Simonsen Catherine Chavez
Bought by
Global Ts Delaware Llc
Seller's Agent
Steve Miller
Nick Sadek Sotheby's International Realty
Buyer's Agent
Kris Focha
Berkshire Hathaway Home Servic
List Price
$999,999
Sold Price
$985,000
Premium/Discount to List
-$14,999
-1.5%
Current Estimated Value
$1,664,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,484
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Simonsen Richard R and Simonsen Catherine Chavez
Bought by
Simonsen Richard R and Simonsen Catherine Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Simonsen Richard R and Simonsen Catherine C
Bought by
Simonsen Richard R and Simonsen Catherine Chavez

Purchase Details

Closed on
Jun 19, 2002
Sold by
Budge Stephen C and Budge Joanne W
Bought by
Simonsen Richard R and Simonsen Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Global Ts Delaware Llc $985,000 Placer Title Company
Simonsen Richard R -- North American Title Co
Simonsen Richard R -- North American Title Co
Simonsen Richard R -- None Available
Simonsen Richard R $750,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simonsen Richard R $35,000
Previous Owner Simonsen Richard R $640,000
Previous Owner Simonsen Richard R $150,000
Previous Owner Simonsen Richard R $578,000
Previous Owner Simonsen Richard R $578,000
Previous Owner Budge Stephen C $200,000
Previous Owner Budge Stephen C $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $985,000 -1.5% $188 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/14/2015 06/14/15 For Sale $999,999 -- $191 / 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 $12,268 $1,166,035 $295,947 $870,088
2024 $12,268 $1,143,173 $290,145 $853,028
2023 $11,955 $1,120,758 $284,456 $836,302
2022 $11,821 $1,098,783 $278,879 $819,904
2021 $11,734 $1,077,239 $273,411 $803,828
2020 $11,575 $1,066,194 $270,608 $795,586
2019 $11,416 $1,045,289 $265,302 $779,987
2018 $11,037 $1,024,794 $260,100 $764,694
2017 $10,787 $1,004,700 $255,000 $749,700
2016 $10,671 $985,000 $250,000 $735,000
2015 $9,765 $921,881 $184,373 $737,508
2014 $9,765 $903,824 $180,762 $723,062
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 15038726

MetroList

APN: 110-163-012-000