NOT LISTED FOR SALE

2198 Palomino Ct Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $788,623 - $854,000

4 Beds
2 Baths
2,024 Sq Ft
$413/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $440,000 $217 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,025/month

15 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • 1-Story Property
  • Russell Ranch Elementary School Rated A
  • South Facing Home

About This Home

As of August 2013

Sought after single story Elliott home in Empire Ranch, on a cul-de-sac, low maintenance back-yard backs to open space, inside has highly upgraded wood and tile flooring, kitchen has stainless steel appliances upgrade cabinets and more,

Last Agent to Sell the Property

David Chappell

Connect Realty.com Inc. License #01023889 Listed on: 07/19/2013

Last Buyer's Agent

Julia Wang

Phoenix Real Estate Investment Corporation License #01334292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,161

Year Built

  • Built in 2004

Lot Details

  • 10,084 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Community Details

  • Association fees include 0
  • Built by Elliott Homes
  • Empire Ranch Subdivision, Remuda Floorplan

Listing and Financial Details

  • Assessor Parcel Number 072-2450-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,161

Year Built

Built in 2004

Lot Details

0

HOA Fees

$47 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Restrictions: Exterior Alterations
  • Year Built: 2004
  • Architectural Style: Mediterranean,Ranch
  • Stories: 1
  • Subdivision: Empire Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Gas Cook Top,Microwave,Plumbed For Ice Maker
  • Fireplace Features: Family Room,Gas Log
  • Fireplaces: 1
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Tub,Walk-In Closet,Window
  • MasterBedroomDimensions Dim: 14x18
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook,Dining/Living Combo,Space in Kitchen
  • Kitchen Features: Tile Counter,Island w/Sink
  • Room Type: Baths Other,Den,Dining Room,Family Room,Kitchen,Living Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 217.39
  • Square Footage: 2024
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Builder Name: Elliott Homes
  • Construction Materials: Frame,Stucco
  • Property Faces: South
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 449900.00
  • Lot Features: Auto Sprinkler F&R,Cul-De-Sac,Greenbelt,Landscape Back,Landscape Front,Shape Regular,Street Lights
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • View Description: Local

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached,Garage Door Opener
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Security System Owned,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Cable Available,Dish Antenna,Natural Gas Connected,Underground Utilities
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central,Natural Gas
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: 0
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2315
  • Lot Size Sq Ft: 10084

Tax Info

  • Assessor Parcel Number: 072-2450-005-0000
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Aug 22, 2013
Sold by
Habibullah Mohammad
Bought by
Hee Kevin S and Hee Kenny S
Seller's Agent
David Chappell
Connect Realty.com Inc.
Buyer's Agent
Julia Wang
Phoenix Real Estate Investment Corporation
List Price
$474,900
Sold Price
$440,000
Premium/Discount to List
-$34,900
-7.35%
Current Estimated Value
$835,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,406
Avg. Annual Appreciation
5.40%
Original Mortgage
$417,000
Outstanding Balance
$311,587
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$523,819

Purchase Details

Listed on
Feb 25, 2013
Closed on
Apr 10, 2013
Sold by
Rizwan Syed M
Bought by
Habibullah Mohammad
Seller's Agent
Caesar Guzman
Frey and Associates
Buyer's Agent
Caesar Guzman
Frey and Associates
List Price
$375,000
Sold Price
$337,000
Premium/Discount to List
-$38,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.74%
Original Mortgage
$263,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2012
Sold by
Kadri Fozia A
Bought by
Rizwan Syed M

Purchase Details

Closed on
Sep 23, 2004
Sold by
Elliott Homes Inc
Bought by
Rizwan Syed M and Kadri Fozia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,300
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Hee Kevin S $440,000 Chicago Title Company
Habibullah Mohammad $337,000 Placer Title Company
Habibullah Mohammad -- Placer Title Company
Rizwan Syed M -- Placer Title Company
Rizwan Syed M $403,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hee Kevin S $417,000
Previous Owner Habibullah Mohammad $263,500
Previous Owner Rizwan Syed M $322,300
Closed Rizwan Syed M $60,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2013 08/27/13 Sold $440,000 -7.3% $217 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $474,900 +40.9% $235 / Sq Ft
04/12/2013 04/12/13 Sold $337,000 -10.1% $167 / Sq Ft View Prior Sale
02/28/2013 02/28/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $375,000 -- $185 / 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 $7,161 $539,366 $147,097 $392,269
2024 $7,161 $528,791 $144,213 $384,578
2023 $6,931 $518,424 $141,386 $377,038
2022 $6,860 $508,260 $138,614 $369,646
2021 $6,797 $498,296 $135,897 $362,399
2020 $6,763 $493,188 $134,504 $358,684
2019 $6,774 $483,518 $131,867 $351,651
2018 $6,642 $474,038 $129,282 $344,756
2017 $6,294 $464,745 $126,748 $337,997
2016 $6,507 $455,633 $124,263 $331,370
2015 $6,338 $448,790 $122,397 $326,393
2014 $6,091 $440,000 $120,000 $320,000
Source: Public Records

Agents Affiliated with this Home

  • Caesar Guzman

    Seller's Agent in 2013

    Caesar Guzman

    Frey and Associates

    (916) 224-9674

    10 Total Sales

    Caesar Guzman
    Section Image

  • D

    Seller's Agent in 2013

    David Chappell

    Connect Realty.com Inc.

  • J

    Buyer's Agent in 2013

    Julia Wang

    Phoenix Real Estate Investment Corporation

    Section Image
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Map

Source: MetroList

MLS Number: 13042203

MetroList

APN: 072-2450-005

California El Dorado County Folsom 95630 Empire Ranch Village

2198 Palomino Ct, Folsom, CA

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