NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,195,243

0.36 Acre
$3,016,572 Price per Acre
15,669 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $306,800

Est. 225% increase in value since last sale

Current estimated payment $6,266/month

About This Lot

As of March 2021

Build your dream home on one of the best lots available: a beautiful private lot with large oak trees and a year-round, bubbling creek with a greenbelt in the back, located on a cul-de sac in prestigious ARCN in Folsom. ARCN is a friendly neighborhood with hiking trails, Davies Park, great schools, and close to shopping. Build your dream home close to beautiful Folsom Lake and Granite Bay Golf Club.

Last Agent to Sell the Property

Nick Sadek

Nick Sadek Sotheby's International Realty License #00970410 Listed on: 08/26/2020

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Mina jahangiri

Allison James Estates & Homes License #01189754

Allison James Estates  & Homes

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Few Trees
  • Possible uses of the property include Single Family
  • Property is zoned R-1-ML

HOA Fees

  • $8 Monthly HOA Fees

Community Details

  • Association fees include 0
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 227-0560-028-0000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$8 per month

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: Restaurant Nearby,CC&Rs,Tree Ordinance,Hospital Nearby,None
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 346000.00
  • Lot Features: Public Trans Nearby,Cul-De-Sac,Shape Regular,Greenbelt
  • Road Frontage: Other
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: Other
  • Utilities: See Remarks
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association: Yes

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R-1-ML
  • Crops: Other
  • Current Use: Vacant
  • Development Status: Lot Build To Suit
  • Zoning Description: Residential
  • Irrigation: Public
  • Lot Size Acres: 0.3597
  • Lot Size Sq Ft: 15669
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 227-0560-028-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Feb 26, 2021
Sold by
Behrouzi Mehrzad
Bought by
Behrouzi Mehrzad and Jahangiri Mina
Seller's Agent
Nick Sadek
Nick Sadek Sotheby's International Realty
Buyer's Agent
Mina jahangiri
Allison James Estates & Homes
List Price
$346,000
Sold Price
$306,800
Premium/Discount to List
-$39,200
-11.33%
Current Estimated Value
$998,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,422
Avg. Annual Appreciation
29.54%

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 4, 2016
Sold by
Clark Steven M and Clark Nina M
Bought by
Spier Gerd and Spier Patricia
Seller's Agent
Mae Serkin
Mae Serkin Realty
Buyer's Agent
Jacob DaRosa
KW Sac Metro
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Feb 1, 2001
Sold by
H C Elliott Inc
Bought by
Clark Steven M and Clark Nina M
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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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
Behrouzi Mehrzad -- First American Title Company
Behrouzi Mehrzad $307,000 First American Title Company
Spier Gerd $218,000 Placer Title Company
Clark Steven M $148,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $306,800 -11.3% --
08/26/2020 08/26/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $346,000 +58.7% --
03/08/2016 03/08/16 Sold $218,000 -3.1% -- View Prior Sale
02/21/2016 02/21/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $225,000 -- --
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 $12,470 $734,619 $229,235 $505,384
2024 $12,470 $1,065,077 $325,577 $739,500
2023 $7,728 $634,194 $319,194 $315,000
2022 $4,246 $312,936 $312,936 $0
2021 $3,426 $238,413 $238,413 $0
2020 $3,379 $235,969 $235,969 $0
2019 $3,328 $231,343 $231,343 $0
2018 $3,224 $226,807 $226,807 $0
2017 $3,039 $222,360 $222,360 $0
2016 $1,814 $100,000 $100,000 $0
2015 $1,782 $100,000 $100,000 $0
2014 $1,738 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20049214

MetroList

APN: 227-0560-028