NOT LISTED FOR SALE

Estimated Value: $1,880,000 - $2,102,695

0.45 Acre
$4,503,272 Price per Acre
19,506 Sq Ft Lot

Last Sold June 25, 2018

Last sale price $321,000

Est. 492% increase in value since last sale

Current estimated payment $11,487/month

10 Days on Market

Highlights

  • 0.45 Acre Lot
  • Views
  • Partially Fenced Property
  • Russell Ranch Elementary School Rated A

About This Lot

As of June 2018

Build your dream home in Hillcrest, one of the most prestigious gated developments in all of Folsom. Almost half acre flat lot surrounded by million dollar estate homes. Architectural plans for a 4800 square foot farmhouse modern home included in purchase. Second floor vistas with sweeping sunsets and city light views. This lot is large enough for a single story executive home as well.

Last Agent to Sell the Property

Ronald Blickle

RE/MAX Gold Sierra Oaks License #01875867 Listed on: 05/23/2018

RE/MAX Gold Sierra Oaks

Last Buyer's Agent

Rachel Adams Lee

Keller Williams Realty License #01905860

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property
  • Possible uses of the property include Single Family
  • Property is zoned R1-ML

HOA Fees

  • $80 Monthly HOA Fees

Additional Features

  • Property Views

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072-2300-025-0000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Subdivision: Hillcrest
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Building Plans,CC&Rs,Easement,Hospital Nearby,Mineral Rights None,Natural Hazard Disclosure Available,Restaurant Nearby,Shopping Cntr Nearby,Hotel/Motel Nearby
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 325000.00
  • Lot Features: Cul-De-Sac,Curb(s),Pie Shape,Public Trans Nearby,Secluded,Sidewalk(s),Storm Drain(s),Street Light(s)
  • Road Surface Type: Paved
  • View Description: Special
  • Additional Living Units: No

Utilities

  • Utilities: Cable Available,Internet Available,Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R1-ML
  • Crops: None
  • Current Use: Subdivision
  • Development Status: Improvements Complete
  • Number of Lots: 1
  • Zoning Description: Residential
  • Irrigation: Public
  • Lot Size Acres: 0.4478
  • Lot Size Sq Ft: 19506
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 072-2300-025-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2019
Sold by
Wasu Vikram
Bought by
Wasu Vickram and Wasu Arti
Current Estimated Value
$1,900,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,250
Outstanding Balance
$1,169,526
Interest Rate
4.3%
Mortgage Type
Construction
Estimated Equity
$847,039

Purchase Details

Closed on
Feb 27, 2019
Sold by
Wasu Vikram
Bought by
Wasu Vikramjit S and Wasu Arti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,250
Outstanding Balance
$1,169,526
Interest Rate
4.3%
Mortgage Type
Construction
Estimated Equity
$847,039

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 20, 2018
Sold by
Wasu Arti
Bought by
Wasu Vikram
Seller's Agent
Ronald Blickle
RE/MAX Gold Sierra Oaks
Buyer's Agent
Rachel Adams Lee
Keller Williams Realty
List Price
$325,000
Sold Price
$321,000
Premium/Discount to List
-$4,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.56%

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 19, 2018
Sold by
Cross Ronald Matthew and Cross Arie Rose
Bought by
Wasu Vikram
Seller's Agent
Ronald Blickle
RE/MAX Gold Sierra Oaks
Buyer's Agent
Rachel Adams Lee
Keller Williams Realty
List Price
$325,000
Sold Price
$321,000
Premium/Discount to List
-$4,000
-1.23%

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 31, 2016
Sold by
Baquero Alexandra
Bought by
Cross Ronald Matthew and Cross Arie
Seller's Agent
Patrick Kurlej
Patrick Kurlej
Buyer's Agent
Lawrence Giuffre
Giuffre Properties
List Price
$285,000
Sold Price
$257,740
Premium/Discount to List
-$27,260
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$206,192
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Camejo Peter and Camejo Morella B
Bought by
Baquero Alexandra

Purchase Details

Closed on
Jan 29, 2004
Sold by
Elliott Homes Inc
Bought by
Camejo Peter and Camejo Morella B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wasu Vickram -- Chicago Title
Wasu Vikramjit S -- None Available
Wasu Vikram -- Old Republic Title Company
Wasu Vikram $321,000 Old Republic Title Company
Cross Ronald Matthew $258,000 Chicago Title Company
Baquero Alexandra $211,000 Stewart Title Of Sacramento
Camejo Peter $211,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasu Vickram $1,330,250
Previous Owner Cross Ronald Matthew $206,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2018 06/25/18 Sold $321,000 -1.2% --
06/02/2018 06/02/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $325,000 +26.1% --
04/05/2016 04/05/16 Sold $257,740 -9.6% -- View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $285,000 -- --
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 $17,632 $1,599,414 $365,240 $1,234,174
2024 $17,632 $1,568,054 $358,079 $1,209,975
2023 $17,328 $1,537,308 $351,058 $1,186,250
2022 $17,097 $1,507,166 $344,175 $1,162,991
2021 $16,878 $1,477,615 $337,427 $1,140,188
2020 $9,758 $751,968 $333,968 $418,000
2019 $5,145 $327,420 $327,420 $0
2018 $4,474 $268,151 $268,151 $0
2017 $4,262 $262,894 $262,894 $0
2016 $3,115 $145,000 $145,000 $0
2015 $3,070 $145,000 $145,000 $0
2014 $3,005 $145,000 $145,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18031779

MetroList

APN: 072-2300-025