NOT LISTED FOR SALE

Estimated Value: $1,918,020 - $2,355,000

4 Beds
4.5 Baths
4,722 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $1,375,000 $291 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,170/month

124 Days on Market

Highlights

  • Custom Home
  • 2 Fireplaces
  • Double Pane Windows
  • Lakeview Elementary School Rated A
  • Balcony
  • Wet Bar

About This Home

As of October 2018

Gorgeous new home on large corner lot with Folsom Lake views that lives like a single story. Great room with glass ember fireplace and wet bar with spectacular sunsets from the covered loggia. Master suite with balcony access, formal dining room, two bedroom suites and laundry with pet bath area all located on main floor. Downstairs awaits your entertaining pleasure with spacious bonus room with wet bar and wine refrigerator, movie theater room, full bath, bedroom and covered patio.

Last Agent to Sell the Property

Patricia Seide

Coldwell Banker Realty License #00892540 Listed on: 06/11/2018

Coldwell Banker Realty

Last Buyer's Agent

Lindsay Platzer

eXp Realty of California Inc. License #01436062

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,358

Year Built

  • Built in 2018

Lot Details

  • 0.64 Acre Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 5 Car Garage

Home Design

  • Custom Home
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 4,722 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Deck

Listing and Financial Details

  • Assessor Parcel Number 124-120-32-100

Community Details

Overview

  • Association fees include 0
  • Built by Bob Konjkav/ Greensource Construction
  • Promontory Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,358

Year Built

Built in 2018

Lot Details

0

HOA Fees

$70 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2018
  • Architectural Style: Contemporary,Mediterranean
  • Stories: 2
  • Subdivision: Promontory
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Gas Range,Built-In Refrigerator,Dishwasher,Disposal,Ice Maker,Microwave
  • Interior Amenities: Wet Bar
  • Other Equipment: Audio/Video Prewired,Central Vacuum
  • Fireplace Features: Family Room,Master Bedroom
  • Fireplaces: 2
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Jetted Tub,Multiple Shower Heads,Tile,Walk-In Closet
  • Master Bedroom Features: Balcony,Ground Floor,Outside Access,Sitting Area
  • Bathroom Features: Shower Stall(s),Tile
  • Bathrooms: 5.00
  • Dining Room Features: Breakfast Nook,Dining Bar,Formal Room
  • Kitchen Features: Granite Counter,Island w/Sink,Pantry Closet
  • Room Type: Baths Other,Bonus Room,Dining Room,Great Room,Home Theater,Master Bathroom,Master Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 291.19
  • Square Footage: 4722
  • Window Features: Dual Pane Full

Exterior Features

  • Builder Name: Bob Konjkav/ Greensource Construction
  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Exterior Features: Balcony
  • Foundation: Raised
  • Listing Price: 1449900.00
  • Lot Features: Corner,Gated Community
  • Patio And Porch Features: Covered Deck
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • View Description: Special

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: 24'+ Deep Garage,Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Unguarded Gate,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central,Natural Gas
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Area,Sink
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Features: Park
  • Association Fee: 70
  • Association Fee Frequency: Monthly
  • Association Fee Includes: 0
  • Association: Yes

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: Res
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.6420
  • Lot Size Sq Ft: 27966

Tax Info

  • Assessor Parcel Number: 124-120-32-100
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Reddy Rakhal and Sharma Shobha
Bought by
Reddy Rakhal and Sharma Shobha
Current Estimated Value
$2,123,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$979,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,143,572

Purchase Details

Listed on
Jun 11, 2018
Closed on
Oct 1, 2018
Sold by
Nejad Shahriar
Bought by
Sharma Shobha and Reddy Rakhal
Seller's Agent
Patricia Seide
Coldwell Banker Realty
Buyer's Agent
Lindsay Platzer
eXp Realty of California Inc.
List Price
$1,449,900
Sold Price
$1,375,000
Premium/Discount to List
-$74,900
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Nejad Shahpour M
Bought by
Nejad Shahriar M

Purchase Details

Closed on
Jun 4, 2012
Sold by
Jojadeh Mohammadsadegh Mohammadnejad and Nejad Shahpour M
Bought by
Nejad Shahpour M and S Nejad & M Seyedin Family Tru

Purchase Details

Closed on
Nov 30, 2006
Sold by
Lund Kevin and Lund Kathryn
Bought by
Jojadeh Mohammadsadegh Mohammadnejad and Nejad Shahpour M

Purchase Details

Closed on
Nov 13, 2006
Sold by
Seyedin Mojgan
Bought by
Nejad Shahpour M

Purchase Details

Closed on
May 17, 2004
Sold by
Reynen & Bardis Promontory Lp
Bought by
Lund Kevin and Lund Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Reddy Rakhal -- Servicelink Title Company
Sharma Shobha $1,375,000 North American Title Company
Nejad Shahriar M -- None Available
Nejad Shahpour M -- None Available
Jojadeh Mohammadsadegh Mohammadnejad $252,000 Old Republic Title Company
Nejad Shahpour M -- Old Republic Title Company
Lund Kevin $193,500 Placer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Rakhal $1,080,000
Previous Owner Sharma Shobha $1,080,000
Previous Owner Sharma Shobha $137,500
Previous Owner Sharma Shobha $1,100,000
Previous Owner Lund Kevin $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $1,375,000 -5.2% $291 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $1,449,900 -- $307 / 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 $18,358 $1,564,511 $438,062 $1,126,449
2024 $18,358 $1,533,835 $429,473 $1,104,362
2023 $17,997 $1,503,760 $421,052 $1,082,708
2022 $17,907 $1,474,276 $412,797 $1,061,479
2021 $18,035 $1,445,369 $404,703 $1,040,666
2020 $17,758 $1,430,550 $400,554 $1,029,996
2019 $17,502 $1,402,500 $392,700 $1,009,800
2018 $9,931 $716,060 $156,060 $560,000
2017 $4,115 $153,000 $153,000 $0
2016 $4,079 $150,000 $150,000 $0
2015 $3,306 $125,000 $125,000 $0
2014 $3,306 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18031652

MetroList

APN: 124-120-032-000