NOT LISTED FOR SALE

14857 Rustic Ridge Cir Folsom, CA 95630

Folsom Ranch Neighborhood

Estimated Value: $1,542,000 - $1,680,000

5 Beds
4.5 Baths
4,444 Sq Ft
$364/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,612,500 $363 Per Sq Ft

Current estimated payment $10,632/month

34 Days on Market

Highlights

  • New Construction
  • Solar Power System
  • Property is near a clubhouse
  • Folsom Middle School Rated A
  • Clubhouse
  • Great Room

About This Home

As of September 2023

BRAND NEW HOME WITH A VIEW! Set on top of Russell Ranch, this stunning Gold Hill Plan 3 single-family home offers an exceptional living experience. With a generous total of 4,444 square feet, the main living area seamlessly combines the kitchen, dining nook, and great room, providing an open and airy feel with breathtaking views. To enhance your entertaining experience, there is a convenient prep kitchen adjacent to the main kitchen, offering extra storage, ample countertop space, and a spacious pantry. The home comes complete with two refrigerators, as well as a washer and dryer, making it move-in ready.This brand-new home includes many designer upgrades including cabinets throughout, custom countertops and flooring, bath finishes.It is also equipped with an OWNED SOLAR SYSTEM and an OWNED Security System.Outside, the fully landscaped backyard beckons as a serene retreat, perfect for unwinding while taking in the stunning sunset views. Additionally, the primary suite offers a covered deck, allowing you to maximize your view opportunities and indulge in tranquil moments. Residences of Russell Ranch will enjoy an plenty of amenities including Russell House community center, game room, pool & spa, event lawn, playground, and parks.

Last Agent to Sell the Property

Shankar Pathi

Real Estate Source Inc License #02069715 Listed on: 07/01/2023

Real Estate Source Inc

Last Buyer's Agent

Mike Cendejas

Redfin Corporation License #01436020

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,114

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,100 Sq Ft Lot
  • Property is Fully Fenced
  • Hillside Location

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,444 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room
  • Formal Dining Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a clubhouse

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 072-3630-002-0000

Community Details

Overview

  • Association fees include pool
  • Built by The New Home Company
  • Gold Hill Russell Ranch Subdivision, Plan 3E Lot 15V1
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,114

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$251 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 2
  • Year Built: 2023
  • Architectural Style: Cottage
  • Levels: Two
  • Subdivision: Gold Hill Russell Ranch
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater
  • Fireplace Features: Gas Piped
  • Fireplaces: 1
  • Flooring: See Remarks
  • Master Bathroom Features: Double Sinks,Tub
  • Master Bedroom Features: Balcony,Outside Access
  • Total Bathrooms: 5
  • Bathroom Features: Double Sinks,Tub
  • Dining Room Features: Formal Area
  • Kitchen Features: Breakfast Area,Other Counter,Pantry Closet,Island,Island w/Sink,Kitchen/Family Combo
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 362.85
  • Square Footage: 4444.00
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: The New Home Company
  • Construction Materials: Stucco
  • Disclosures/Documents: CC&Rs, Natural Hazard Disclosure Available
  • Fencing: Full
  • Foundation: Slab
  • Home Warranty: Yes
  • Horse Property: No
  • Listing Price: 1699990.00
  • Lot Features: Close to Clubhouse, Curb(s), Curb(s)/Gutter(s), Storm Drain, Street Lights
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: New Construction
  • Roof: Tile
  • Spa: No
  • Topography: Hillside

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached, Garage Door Opener, Garage Facing Front

Utilities

  • Security: Security System Owned, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Solar, Electric, Natural Gas Available
  • Cooling: Central
  • Electric: See Remarks
  • Heating: Central
  • Laundry Features: Dryer Included, Upper Floor, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Barbeque, Playground, Pool, Clubhouse, Recreation Facilities, Game Court Interior, Spa/Hot Tub, Trails, Park
  • Association Fee: 251
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Pool
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes
  • Subdivision Developer: The New Home Company

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.2089
  • Lot Size Sq Ft: 9100.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Thermostat

Tax Info

  • Assessor Parcel Number: 072-3630-002-0000
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 30, 2023
Sold by
Pathi Shankar Reddy and Pathi Deepa Reddy
Bought by
Kim Peter W and Kim Hannah
Seller's Agent
Shankar Pathi
Real Estate Source Inc
Buyer's Agent
Mike Cendejas
Redfin Corporation
List Price
$1,789,990
Sold Price
$1,612,500
Premium/Discount to List
-$177,490
-9.92%
Views
50
Current Estimated Value
$1,615,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,974
Avg. Annual Appreciation
0.09%

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 7, 2023
Sold by
New Home Company Northern California Llc
Bought by
Pathi Shankar Reddy and Kukunoor Deepa Reddy
Seller's Agent
Justyna Korczynski
The New Home Company
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,631,217
Sold Price
$1,415,000
Premium/Discount to List
-$216,217
-13.25%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.69%
Original Mortgage
$1,132,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Kim Peter W $1,612,500 Lennar Title
Pathi Shankar Reddy $1,415,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pathi Shankar Reddy $1,132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $1,612,500 0.0% $363 / Sq Ft
09/01/2023 09/01/23 Off Market $1,612,500 -- --
08/04/2023 08/04/23 Pending -- -- --
07/16/2023 07/16/23 Price Changed $1,699,990 -5.0% $383 / Sq Ft
07/01/2023 07/01/23 For Sale $1,789,990 +26.5% $403 / Sq Ft
03/20/2023 03/20/23 Sold $1,415,000 -13.3% $318 / Sq Ft View Prior Sale
02/24/2023 02/24/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,631,217 -- $367 / 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 $23,114 $1,644,750 $336,600 $1,308,150
2024 $23,114 $1,612,500 $330,000 $1,282,500
2023 $16,986 $1,105,014 $255,014 $850,000
2022 $6,450 $250,014 $250,014 $0
2021 $6,247 $245,112 $245,112 $0
2020 $5,705 $242,599 $242,599 $0
2019 $5,057 $205,392 $205,392 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223061666

MetroList

APN: 072-3630-002