NOT LISTED FOR SALE

Estimated Value: $711,989 - $776,000

4 Beds
3 Baths
1,834 Sq Ft
$402/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $550,000 $300 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,444 / mo

24 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 2-minute walk to John Kemp Community Park
  • Gold Ridge Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of August 2018

Beautiful Elliott home, perfectly located with 4 beds, 3 baths, one bed & bath on 1st floor, lots of natural light, laminated hardwood floors downstairs, upgraded granite counter tops, park-like low maintenance backyard with stamped concrete and spacious side-yard. Located in the heart of Folsom, quiet neighborhood, walking distance to everything-elementary school, Palladio Mall, Folsom Lake College. Great schools, few steps away from a park, Broadstone Racquet Club, easy access to HWY. No HOA.

Last Agent to Sell the Property

Sreedevi Raavi

Real Estate Source Inc License #02036153 Listed on: 07/13/2018

Real Estate Source Inc

Last Buyer's Agent

Sreedevi Raavi

Real Estate Source Inc License #02036153 Listed on: 07/13/2018

Real Estate Source Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 5,950

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 5,950 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072-1620-057-0000

Home Details

Home Type

Single Family

Year Built

Built in 1999 | Remodeled

Lot Details

5,950 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1999
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Dishwasher,Disposal,Free Standing Refrigerator,Gas Cook Top,Gas Plumbed,Microwave,Self/Cont Clean Oven
  • Fireplace Features: Family Room,Gas Log,Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Stone
  • Bathroom Features: Double Sinks,Tub
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Family Combo,Dining/Living Combo
  • Kitchen Features: Granite Counter,Pantry Closet
  • Room Type: Baths Other
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 299.89
  • Square Footage: 1834

Exterior Features

  • Construction Materials: Frame,Stucco
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 569500.00
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector,Security System Owned,Security System Prewired,Smoke Detector
  • Sewer: Sewer Connected,Sewer in Street
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 3 Phase,220 Volts,220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central,Electric
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Area
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: Residential
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1366
  • Lot Size Sq Ft: 5950

Tax Info

  • Assessor Parcel Number: 072-1620-057-0000
  • 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

Listed on
Jul 13, 2018
Closed on
Aug 29, 2018
Sold by
Ghorakavi Eswara Dutt V and Chorakavi Rajani D
Bought by
Pabbaraju Sridhar and Rachala Kavitha
Seller's Agent
Sreedevi Raavi
Real Estate Source Inc
Buyer's Agent
Sreedevi Raavi
Real Estate Source Inc
List Price
$569,500
Sold Price
$550,000
Premium/Discount to List
-$19,500
-3.42%
Current Estimated Value
$736,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,997
Avg. Annual Appreciation
3.91%
Original Mortgage
$517,500
Outstanding Balance
$448,491
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$288,506

Purchase Details

Closed on
Jan 31, 2014
Sold by
Ghorakavi Eswara Dutt V and Ghorakavi Venkata E
Bought by
Ghorakavi Eswara Dutt V and Ghorakavi Rajani D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 19, 2005
Sold by
Wooden George and Wooden Jane
Bought by
Wooden Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2005
Sold by
Wooden Enterprises Inc
Bought by
Ghorakavi Venkata E and Ghorakavi Rajani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Wilson Christopher J
Bought by
Wooden George and Wooden Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1999
Sold by
Elliott Homes Inc
Bought by
Wilson Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,150
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pabbaraju Sridhar $550,000 Fidelity National Title
Ghorakavi Eswara Dutt V -- First American Title Company
Wooden Enterprises Inc -- Stewart Title Of Sacramento
Ghorakavi Venkata E $469,000 Stewart Title Of Sacramento
Wooden George $411,000 Stewart Title Of Sacramento
Wilson Christopher J $195,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pabbaraju Sridhar $517,500
Previous Owner Ghorakavi Eswara Dutt V $320,000
Previous Owner Ghorakavi Venkata E $375,200
Previous Owner Wooden George $250,000
Previous Owner Wilson Christopher J $175,150
Closed Wooden George $78,800
Closed Ghorakavi Venkata E $70,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $550,000 -3.4% $300 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $569,500 -- $311 / Sq Ft
Source: MetroList

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 $6,759 $613,531 $178,480 $435,051
2024 $6,759 $601,502 $174,981 $426,521
2023 $6,642 $589,708 $171,550 $418,158
2022 $6,547 $578,146 $168,187 $409,959
2021 $6,462 $566,811 $164,890 $401,921
2020 $6,998 $561,000 $163,200 $397,800
2019 $7,039 $550,000 $160,000 $390,000
2018 $6,586 $517,754 $143,512 $374,242
2017 $5,961 $483,883 $134,124 $349,759
2016 $5,892 $448,040 $124,189 $323,851
2015 $5,477 $418,730 $116,065 $302,665
2014 $5,120 $410,519 $113,789 $296,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18047529

MetroList

APN: 072-1620-057

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