318 Canyon Falls Dr Folsom, CA 95630
American River Canyon NeighborhoodEstimated payment $13,429/month
Highlights
- In Ground Pool
- Built-In Refrigerator
- Cathedral Ceiling
- Carl H. Sundahl Elementary School Rated A
- Contemporary Architecture
- Main Floor Bedroom
About This Home
Welcome to this well-priced masterpiece - 200K price improvement! Nestled in the sought-after American River Canyon Subdivision, this 4-bedroom, 4-bath, and 2-half-bath custom-built home epitomizes luxurious living and grand-scale entertaining at its best. As you enter the home, a sweeping grand staircase greets you with gleaming porcelain floors, high-vaulted ceilings, a separate family room with fireplace and living room, and a formal dining room illuminated with contemporary and chic lighting. The expansive kitchen with a functional island, top of the line appliances, and a built-in refrigerator will make this your favorite place to gather. The luxury vinyl floors in the bedrooms, all the remodeled bathrooms with wall to ceiling porcelain tiles, the huge master bedroom with extra large walk-in closet with custom shelves and furniture, your private balcony, the master bathroom with a separate powder room, and the most luxurious tile shower will make you fall in love with this home. As you make your way to your backyard oasis, you will enjoy the resort-style backyard with a sparkling swimming pool and spa and two barbecue areas. The built-in outdoor kitchen is a dream come true that will make all those family barbecues unforgettable. Sellers spent over $600K in improvements.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,461
Year Built
- Built in 2006 | Remodeled
Lot Details
- 0.26 Acre Lot
- Landscaped
- Sprinklers on Timer
- Property is zoned R-1-ML
HOA Fees
- $8 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Mediterranean Architecture
- Raised Foundation
- Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 4,521 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- Family Room with Fireplace
- Living Room
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Free-Standing Gas Oven
- Free-Standing Gas Range
- Microwave
- Built-In Refrigerator
- Dishwasher
- Kitchen Island
- Compactor
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Multiple Shower Heads
- Separate Shower
Laundry
- Laundry in unit
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Spa
Utilities
- Central Heating and Cooling System
- 220 Volts in Kitchen
- Natural Gas Connected
- Property is located within a water district
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 227-0420-010-0000
Community Details
Overview
- Association fees include ground maintenance
- American River Canyon North Association
- American River Canyon Subdivision
- Mandatory home owners association
Building Details
- Net Lease
Map
Home Values in the Area
Average Home Value in this Area
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 | $20,461 | $1,883,644 | $424,483 | $1,459,161 |
| 2024 | $20,461 | $1,846,710 | $416,160 | $1,430,550 |
| 2023 | $20,063 | $1,810,500 | $408,000 | $1,402,500 |
| 2022 | $10,419 | $915,581 | $247,544 | $668,037 |
| 2021 | $10,286 | $897,630 | $242,691 | $654,939 |
| 2020 | $10,163 | $888,427 | $240,203 | $648,224 |
| 2019 | $10,001 | $871,008 | $235,494 | $635,514 |
| 2018 | $9,708 | $853,930 | $230,877 | $623,053 |
| 2017 | $9,075 | $837,187 | $226,350 | $610,837 |
| 2016 | $9,469 | $820,772 | $221,912 | $598,860 |
| 2015 | $8,630 | $759,900 | $171,360 | $588,540 |
| 2014 | $8,208 | $745,000 | $168,000 | $577,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | For Sale | $2,199,000 | +23.9% | $486 / Sq Ft |
| 06/21/2022 06/21/22 | Sold | $1,775,000 | 0.0% | $393 / Sq Ft |
| 05/22/2022 05/22/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $1,775,000 | -- | $393 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Trustee Deed | $620,000 | None Available | |
| Grant Deed | $189,000 | Financial Title Company | |
| Grant Deed | $90,000 | Fidelity National Title Co | |
| Grant Deed | $67,500 | Chicago Title Co | |
| Quit Claim Deed | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $574,000 | Credit Line Revolving | |
| Closed | $140,000 | Credit Line Revolving | |
| Closed | $409,000 | New Conventional | |
| Closed | $417,000 | New Conventional | |
| Previous Owner | $120,000 | Credit Line Revolving | |
| Previous Owner | $647,500 | Construction | |
| Previous Owner | $132,300 | Purchase Money Mortgage | |
| Previous Owner | $52,500 | Seller Take Back |
Source: MetroList
MLS Number: 225105357
APN: 227-0420-010
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