Seller's Agent in 2025
Jasmine Sunkara
eXp Realty of California Inc.
(916) 501-3392
1 in this area
319 Total Sales
3449 Magnolia Way Folsom, CA 95630
Folsom Ranch NeighborhoodEstimated Value: $670,000 - $681,000
4
Beds
3
Baths
1,990
Sq Ft
$340/Sq Ft
Est. Value
Highlights
- Solar Power System
- Window or Skylight in Bathroom
- Great Room
- Folsom Middle School Rated A
- Corner Lot
- Walk-In Closet
About This Home
As of April 2025Welcome to 3449 Magnolia Way, a stunning home nestled in one of Folsom's most sought-after neighborhoods. Thoughtfully designed for modern living, this home offers a perfect balance of style, efficiency, and low-maintenance outdoor space. Step inside to a bright and open floor plan featuring luxury flooring, upated lights and modern finishes. The gourmet kitchen is equipped with new backsplash, stainless steel appliances, and a spacious island with sink, ideal for both casual meals and entertaining. The expansive living area is filled with natural light, creating a warm and inviting atmosphere. The 4 bedrooms feature a tranquil primary suite with a spa-like ensuite, dual vanities, and a walk-in shower. Energy efficiency is a top priority with solar panels, a hybrid water heater, and a roller-controlled garage door, ensuring lower utility costs and enhanced convenience. The concrete backyard offers a low-maintenance outdoor retreat, perfect for hosting gatherings, setting up a cozy lounge area, or enjoying Folsom's beautiful weather without the upkeep of traditional landscaping. Located just minutes from top-rated schools, parks, shopping, and dining, this home provides the perfect blend of comfort and convenience. Don't miss the chance to make this energy-efficient home yours!
Last Agent to Sell the Property
eXp Realty of California Inc. License #01855557 Listed on: 03/05/2025
Last Buyer's Agent
eXp Realty of California Inc. License #01855557 Listed on: 03/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,665
Year Built
- Built in 2024
Lot Details
- 3,511 Sq Ft Lot
- Landscaped
- Corner Lot
- Property is zoned AG80AG80
HOA Fees
- $84 Monthly HOA Fees
Parking
- 2 Car Garage
- Side Facing Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,990 Sq Ft Home
- Ceiling Fan
- Great Room
- Family Room
- Combination Dining and Living Room
- Vinyl Flooring
Kitchen
- Free-Standing Gas Range
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Secondary Bathroom Double Sinks
- <<tubWithShowerToken>>
- Separate Shower
- Window or Skylight in Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
Utilities
- Central Heating and Cooling System
- 220 Volts
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 072-4060-033-0000
Community Details
Overview
- Association fees include maintenance exterior, ground maintenance
- Mandatory home owners association
Building Details
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Apr 6, 2025
Sold by
Chi and Lea
Bought by
Rao Praveen Kumar Banala and Jayaramnaidu Shruthi Gopalli
Seller's Agent
Jasmine Sunkara
eXp Realty of California Inc.
Buyer's Agent
Jasmine Sunkara
eXp Realty of California Inc.
List Price
$684,000
Sold Price
$675,000
Premium/Discount to List
-$9,000
-1.32%
Views
276
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,075
Avg. Annual Appreciation
1.10%
Original Mortgage
$506,250
Outstanding Balance
$504,960
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$172,115
Purchase Details
Closed on
Jan 3, 2024
Sold by
Tri Pointe Homes Holdings Inc
Bought by
Chi Jongwon and Chi Lea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,347
Interest Rate
6.95%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rao Praveen Kumar Banala | $675,000 | Wfg National Title Insurance C | |
| Rao Praveen Kumar Banala | $675,000 | Wfg National Title Insurance C | |
| Chi Jongwon | $619,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rao Praveen Kumar Banala | $506,250 | |
| Closed | Rao Praveen Kumar Banala | $506,250 | |
| Previous Owner | Chi Jongwon | $371,347 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $675,000 | -1.3% | $339 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $684,000 | -- | $344 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,665 | $524,046 | $114,046 | $410,000 |
| 2023 | $1,968 | $102,817 | $102,817 | $0 |
| 2022 | $1,216 | $49,527 | $49,527 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jasmine Sunkara
Map
Source: MetroList
MLS Number: 225026411
APN: 072-4060-033
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