NOT LISTED FOR SALE

1960 Caversham Way Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $1,187,000 - $1,602,000

4 Beds
3 Baths
3,999 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $1,187,000 $297 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,435/month

5 Days on Market

Highlights

  • Custom Home
  • Lake View
  • Wood Flooring
  • Russell Ranch Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Bonus Room

About This Home

As of June 2023

Indulge in luxury living at this prestigious residence, where a gated courtyard opens to an elegant entry and a cozy formal living room with an inviting fireplace. The formal dining room features vaulted ceilings & a sliding door to the private patio, setting the stage for unforgettable dining experiences. Discover the versatile executive office, with double doors & an adjacent full bathroom, offering flexibility as a workspace or 5th bedroom. Indulge your culinary desires in the gourmet kitchen, equipped with top-of-the-line appliances & a sunlit breakfast nook. The family room seamlessly connects indoor & outdoor spaces with a fireplace & sliding glass door to the expansive backyard, complete with a cascading waterfall & captivating views of Folsom Lake. This exceptional home boasts a 3-car garage & 3,999 SF. Upstairs, a bonus room serves as the central hub near 3 bedrooms & the master suite, each with a walk-in closet. The lavish master suite features a sitting room, double-sided fireplace & balcony, while the master bathroom exudes opulence with separate water closets, oversized vanities, a soaking tub, a dual-entry shower & coffee bar area. With easy access to amenities & Hwy50, this remarkable home combines grandeur & convenience, epitomizing luxury living in Empire Ranch.

Last Agent to Sell the Property

Stephani Menser Polley

Coldwell Banker Realty License #01898563 Listed on: 05/15/2023

Coldwell Banker Realty

Co-Listed By

Donna Menser

Coldwell Banker Realty License #01358394

Last Buyer's Agent

Arif Vora

Nick Sadek Sotheby's International Realty License #01850437

Nick Sadek Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Fenced For Horses
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Side by Side Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,999 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Lake Views

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Laundry Cabinets

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Zoned Heating and Cooling
  • 220 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include 0
  • Built by Elliott Homes
  • Empire Ranch Subdivision, San Simeon Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 072-2410-024-0000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Semi-Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 2
  • Year Built: 2004
  • Subdivision: Empire Ranch
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Gas Cook Top, Disposal, Microwave
  • Fireplace Features: Living Room, Master Bedroom, Double Sided, Family Room, Gas Log
  • Fireplaces: 3
  • Flooring: Carpet, Tile, Wood
  • Master Bathroom Features: Shower Stall(s),Double Sinks,Soaking Tub,Walk-In Closet,Window
  • Master Bedroom Features: Balcony,Sitting Room
  • Total Bathrooms: 3
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Dining Room Features: Breakfast Nook,Formal Room,Space in Kitchen
  • Family Room Features: Great Room
  • Kitchen Features: Breakfast Room,Island w/Sink
  • Living Room Features: Other
  • Room Type: Master Bathroom, Master Bedroom, Bonus Room, Den, Dining Room, Family Room, Kitchen, Laundry, Living Room
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 296.82
  • Square Footage: 3999.00
  • Window Features: Dual Pane Full

Exterior Features

  • Builder Name: Elliott Homes
  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Attached Docs, Natural Hazard Disclosure Available
  • Fencing: Fenced
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1185000.00
  • Lot Features: Auto Sprinkler F&R, Landscape Back, Landscape Front
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • Spa: No
  • Topography: Level,Lot Grade Varies
  • View Description: Lake

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Side-by-Side, Garage Facing Front, Garage Facing Side
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Public, Electric, Internet Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central, MultiZone
  • Electric: 220 Volts
  • Heating: Central, Fireplace(s)
  • Laundry Features: Cabinets, Sink, Ground Floor, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Other
  • Association Fee: 145
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: 0
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Mandatory Association: Yes
  • Subdivision Developer: Elliott Homes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: res
  • Irrigation: Public District
  • Lot Size Acres: 0.3245
  • Lot Size Sq Ft: 14135.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 072-2410-024-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 8, 2023
Sold by
Patricia Ann Weatherspoon Living Trust
Bought by
Khalaf Bilal and Khalaf Suzan
Seller's Agent
Stephani Menser Polley
Coldwell Banker Realty
Buyer's Agent
Arif Vora
Nick Sadek Sotheby's International Realty
List Price
$1,185,000
Sold Price
$1,187,000
Premium/Discount to List
$2,000
0.17%
Views
56
Current Estimated Value
$1,362,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,633
Avg. Annual Appreciation
5.45%
Original Mortgage
$726,000
Outstanding Balance
$649,559
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$713,074

Purchase Details

Closed on
May 3, 2020
Sold by
Weatherspoon Patricia A
Bought by
Weatherspoon Patricia Ann and The Patricia Ann Weatherspoon

Purchase Details

Closed on
Apr 13, 2005
Sold by
Elliott Homes Inc
Bought by
Weatherspoon Joseph and Weatherspoon Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Khalaf Bilal $1,187,000 Fidelity National Title Compan
Weatherspoon Patricia Ann -- None Available
Weatherspoon Joseph $684,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalaf Bilal $726,000
Previous Owner Weatherspoon Joseph $512,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $1,187,000 +0.2% $297 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $1,185,000 -- $296 / 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 $15,143 $1,234,954 $249,696 $985,258
2024 $15,143 $1,210,740 $244,800 $965,940
2023 $11,778 $916,248 $133,967 $782,281
2022 $11,648 $898,284 $131,341 $766,943
2021 $11,533 $880,671 $128,766 $751,905
2020 $11,209 $841,876 $123,097 $718,779
2019 $11,061 $813,408 $118,935 $694,473
2018 $10,587 $774,675 $113,272 $661,403
2017 $9,642 $723,996 $105,862 $618,134
2016 $9,612 $676,633 $98,937 $577,696
2015 $9,186 $650,609 $95,132 $555,477
2014 $8,824 $637,852 $93,267 $544,585
Source: Public Records

Agents Affiliated with this Home

  • Stephani Menser Polley

    Seller's Agent in 2023

    Stephani Menser Polley

    Coldwell Banker Realty

    (916) 289-9866

    2 in this area

    126 Total Sales

    Stephani Menser Polley
    Section Image
  • Donna Menser

    Seller Co-Listing Agent in 2023

    Donna Menser

    Coldwell Banker Realty

    (916) 801-2919

    1 in this area

    104 Total Sales

    Donna Menser
    Section Image
  • Arif Vora

    Buyer's Agent in 2023

    Arif Vora

    Nick Sadek Sotheby's International Realty

    (916) 712-0088

    3 in this area

    24 Total Sales

    Arif Vora
    Section Image
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Map

Source: MetroList

MLS Number: 223042860

MetroList

APN: 072-2410-024

California Sacramento County Folsom 95630 Empire Ranch Village

1960 Caversham Way, Folsom, CA

Not Listed for Sale

Detached

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