NOT LISTED FOR SALE

1981 Caversham Way Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $987,000 - $1,206,000

4 Beds
2.5 Baths
2,898 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $764,000 $264 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,745/month

6 Days on Market

Highlights

  • 0.39 Acre Lot
  • Traditional Architecture
  • Balcony
  • Russell Ranch Elementary School Rated A
  • 2 Fireplaces
  • Patio

About This Home

As of July 2019

Lakeview, solar owned, backs open space. Amazing opportunity for premium view lot approx.38. Sunset views off master balcony. Empire Ranch community, 4 bedrooms, dining room, family and living room. New hardwood flooring all lower level, plantation shutters, new granite counter tops and backsplash in kitchen and new stainless steel appliances. All bedrooms nice size, extra spacious master bedroom with large balcony overlooks local views and Folsom Lake. Master closet also oversized. 3 car garage tandem allows for possible boat storage. Close to shopping, restaurants, schools and freeway.

Last Agent to Sell the Property

Diana Peña

RE/MAX Gold Folsom License #01398402 Listed on: 06/06/2019

RE/MAX Gold Folsom

Last Buyer's Agent

Carolynne Jemes

Century 21 Select Real Estate License #01317344

Century 21 Select Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced
  • Zoning described as SP92-3

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include 0

Listing and Financial Details

  • Assessor Parcel Number 072-2410-014-0000

Home Details

Home Type

Single Family

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 2005
  • Architectural Style: Traditional
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Dishwasher,Gas Cook Top,Microwave
  • Fireplace Features: Double Sided,Family Room,Master Bedroom
  • Fireplaces: 2
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Sunken Tub,Walk-In Closet,Window
  • Master Bedroom Features: Balcony,Outside Access,Walk-In Closet
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Dining Bar,Formal Room,Space in Kitchen
  • Kitchen Features: Granite Counter,Island w/Sink,Pantry Closet
  • Room Type: Baths Other,Dining Room,Living Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 263.63
  • Square Footage: 2898

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Exterior Features: Balcony
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 779000.00
  • Lot Features: Greenbelt,Landscape Back,Low Maintenance,Street Lights
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Tandem Garage,Other
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected,Solar
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry,Photovoltaics Seller Owned
  • Heating: Central
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room,Sink
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association Fee: 144
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: 0
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: SP92-3
  • Irrigation: None
  • Lot Size Acres: 0.3885
  • Lot Size Sq Ft: 16923

Tax Info

  • Assessor Parcel Number: 072-2410-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Sharma Alok and Sharma Minakshi
Bought by
Sharma Family Living Trust and Sharma
Current Estimated Value
$1,096,410

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 20, 2019
Sold by
Kathirasetty Prasad Aswin and Tangella Divya
Bought by
Sharma Alok and Sharma Minakshi
Seller's Agent
Diana Peña
RE/MAX Gold Folsom
Buyer's Agent
Carolynne Jemes
Century 21 Select Real Estate
List Price
$779,000
Sold Price
$764,000
Premium/Discount to List
-$15,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$687,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2017
Sold by
Yarlagedda Venkateswara P and Koduri Jyothi
Bought by
Kathirasetty Prasad Aswin and Tangella Divya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2005
Sold by
Shah Sanjay B and Shah Mousami
Bought by
Yarlagedda Venkateswara P and Koduri Jyothi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
Elliott Homes Inc
Bought by
Shah Sanjay B and Shah Mousami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5%
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
Sharma Family Living Trust -- None Listed On Document
Sharma Alok -- None Listed On Document
Sharma Family Living Trust -- None Listed On Document
Sharma Alok $764,000 Chicago Title Company
Kathirasetty Prasad Aswin $600,000 Chicago Title Company
Yarlagedda Venkateswara P $700,000 Alliance Title Company
Shah Sanjay B $691,500 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharma Alok $687,600
Previous Owner Kathirasetty Prasad Aswin $480,000
Previous Owner Yarlagedda Venkateswara P $560,000
Previous Owner Shah Sanjay B $62,200
Previous Owner Shah Sanjay B $553,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $764,000 -1.9% $264 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $779,000 -- $269 / 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 $11,565 $899,999 $273,408 $626,591
2024 $11,565 $882,353 $268,048 $614,305
2023 $11,219 $865,053 $262,793 $602,260
2022 $11,097 $848,092 $257,641 $590,451
2021 $10,990 $831,464 $252,590 $578,874
2020 $10,273 $764,000 $250,000 $514,000
2019 $8,835 $612,000 $193,800 $418,200
2018 $8,667 $600,000 $190,000 $410,000
2017 $9,747 $741,050 $105,862 $635,188
2016 $9,712 $692,571 $98,937 $593,634
2015 $9,277 $665,934 $95,132 $570,802
2014 $8,909 $652,877 $93,267 $559,610
Source: Public Records

Agents Affiliated with this Home

  • Diana Peña

    Seller's Agent in 2019

    Diana Peña

    RE/MAX

    (530) 363-0572

    14 in this area

    105 Total Sales

    Diana Peña
    Section Image

  • C

    Buyer's Agent in 2019

    Carolynne Jemes

    Century 21 Select Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 19039618

MetroList

APN: 072-2410-014

California Sacramento County Folsom 95630 Empire Ranch Village

1981 Caversham Way, Folsom, CA

Not Listed for Sale

Detached

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