NOT LISTED FOR SALE

3449 Magnolia Way Folsom, CA 95630

Folsom Ranch Neighborhood

Estimated Value: $675,895 - $687,000

4 Beds
3 Baths
1,990 Sq Ft
$342/Sq Ft Est. Value

About This Home

This home is located at 3449 Magnolia Way, Folsom, CA 95630 and is currently estimated at $680,724, approximately $342 per square foot. 3449 Magnolia Way is a home with nearby schools including Folsom Middle School, Folsom High School, and Folsom Educational Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2025
Sold by
Chi and Lea
Bought by
Rao Praveen Kumar Banala and Jayaramnaidu Shruthi Gopalli
Current Estimated Value
$680,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$504,526
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$175,068

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
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
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

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 $9,665 $631,291 $163,200 $468,091
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

Map

California Sacramento County Folsom 95630 Folsom Ranch

3449 Magnolia Way, Folsom, CA

This home is located at 3449 Magnolia Way, Folsom, CA 95630 and is currently estimated at $680,724, approximately $342 per square foot. 3449 Magnolia Way is a home with nearby schools including Folsom Middle School, Folsom High School, and Folsom Educational Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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