NOT LISTED FOR SALE

Estimated Value: $1,829,146 - $2,050,000

0.45 Acre
$4,238,189 Price per Acre
19,410 Sq Ft Lot

Last Sold December 30, 2014

Last sale price $185,000

Est. 921% increase in value since last sale

Current estimated payment $11,510/month

75 Days on Market

About This Lot

As of December 2014

Spectacular view of Sacramento valley. Gently rolling down slope lot that is perfect for the covered deck off the back of the home with outdoor kitchen, fireplace, etc. Wide lot will easily accommodate a four car garage. The two most recent down slope sales on Tobrurry sold for $263,000 (425 Tobrurry) and $325,000 (441 Tobrurry). Greenbelt with bike trail is to the right of the property. One of the few view lots left in Folsom! Compare to community solds & actives and the value here is obvious.

Last Agent to Sell the Property

John Weaver

JRP Properties Inc License #00815998 Listed on: 09/05/2014

Last Buyer's Agent

John Weaver

JRP Properties Inc License #00815998 Listed on: 09/05/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,876

Lot Details

  • 0.45 Acre Lot
  • Possible uses of the property include Subdivision
  • Property is zoned R-1-ML

Additional Homes

  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • Terrazzo Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072-2760-028-0000

Property Details

Property Type

Land

Est. Annual Taxes

$14,876

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: See Remarks
  • Subdivision: Terrazzo Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None
  • Additional Living Description: See Remarks

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,Hospital Nearby,Restaurant Nearby,Shopping Cntr Nearby,See Remarks,Hotel/Motel Nearby
  • Listing Price: 198500.00
  • Lot Features: Curb(s),Gutter(s),Sidewalk(s),Street Light(s)
  • Road Surface Type: Paved
  • Additional Living Units: Yes

Utilities

  • Utilities: Cable Available,Underground Utilities
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R-1-ML
  • Crops: None
  • Current Use: Subdivision
  • Development Status: Final Map Filed,Improvements Complete
  • Number of Lots: 1
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.4456
  • Lot Dimensions: 152x132x147x143
  • Lot Size Sq Ft: 19410
  • Possible Use: Subdivision

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 072-2760-028-0000
  • Bonds/Assessments/Taxes Description: Local Assessments,Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Lyle Janelle Daniel
Bought by
Brar Pavan
Current Estimated Value
$1,888,537

Purchase Details

Closed on
Aug 24, 2022
Sold by
Pavan Brar
Bought by
Charanjeet K Brar Revocable Living Trust

Purchase Details

Closed on
Jul 25, 2022
Sold by
Brar Charanjeet K
Bought by
Charanjeet K Brar Revocable Living Trust

Purchase Details

Closed on
Apr 23, 2021
Sold by
Brar Charanjeet
Bought by
Brar Charanjeet K and Brar Pavan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2019
Sold by
Brar Pavan
Bought by
Brar Charanjeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,340
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Brar Charanjeet
Bought by
Brar Charanjeet and Brar Pavan

Purchase Details

Listed on
Sep 5, 2014
Closed on
Dec 29, 2014
Sold by
Irwin Joe Louis and Irwin Family Trust
Bought by
Brar Suwaran S and Brar Charanjeet
Seller's Agent
John Weaver
JRP Properties Inc
Buyer's Agent
John Weaver
JRP Properties Inc
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.78%
Original Mortgage
$135,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2014
Sold by
Irwin Joe L
Bought by
Irwin Joe Louis and The Irwin Family Trust

Purchase Details

Closed on
Dec 6, 2012
Sold by
Irwin Kari L
Bought by
Irwin Joe L

Purchase Details

Closed on
Apr 16, 2010
Sold by
Elliott Homes Inc
Bought by
Irwin Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.95%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brar Pavan -- --
Charanjeet K Brar Revocable Living Trust -- --
Charanjeet K Brar Revocable Living Trust -- Eagleton Pottier Pc
Brar Charanjeet K -- Stewart Title Of Sacramento
Brar Charanjeet -- Fidelity National Title Co
Brar Charanjeet -- Fidelity National Title Co
Brar Suwaran S $185,000 Stewart
Irwin Joe Louis -- None Available
Irwin Joe L -- None Available
Irwin Kari L $130,000 Stewart Title Of Sacramento
Irwin Kari L -- Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brar Charanjeet K $742,000
Previous Owner Brar Charanjeet $773,340
Previous Owner Brar Charanjeet $840,000
Previous Owner Brar Suwaran S $135,000
Previous Owner Irwin Kari L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $185,000 -25.7% --
11/18/2014 11/18/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $249,000 -- --
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 $14,876 $1,345,374 $222,339 $1,123,035
2024 $14,876 $1,318,995 $217,980 $1,101,015
2023 $14,622 $1,293,133 $213,706 $1,079,427
2022 $14,365 $1,267,778 $209,516 $1,058,262
2021 $14,180 $1,242,920 $205,408 $1,037,512
2020 $14,922 $1,230,176 $203,302 $1,026,874
2019 $14,771 $1,206,056 $199,316 $1,006,740
2018 $14,110 $1,145,408 $195,408 $950,000
2017 $3,507 $191,577 $191,577 $0
2016 $3,583 $187,821 $187,821 $0
2015 $3,498 $185,000 $185,000 $0
2014 $2,910 $136,886 $136,886 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14056553

MetroList

APN: 072-2760-028