Seller's Agent in 2022
Cassandra Niklewski
eXp Realty of Northern California, Inc.
(916) 844-6360
8 in this area
168 Total Sales
402 Serpa Way Folsom, CA 95630
Broadstone NeighborhoodEstimated Value: $1,699,000 - $2,088,000
3
Beds
4.5
Baths
5,443
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Home Theater
- Panoramic View
- Built-In Refrigerator
- Russell Ranch Elementary School Rated A
- Custom Home
- 0.41 Acre Lot
About This Home
As of March 2022Welcome home to coveted Terrazzo Estates in Folsom. This luxury property offers flexible living with 3 residences. The top, primary residence, is a single story, 3 bedroom with 2.5 bathrooms, top of the line appliances, wood flooring, fireplace, views from 2 balconies, indoor outdoor living and room for a lap pool, play structure or relaxing space. This home could be used for multi-generational living with 2 complete 1 bedroom Additional Dwelling Units with full kitchens and laundry. A commercial elevator offers ease of access to the single story main residence and one of the Additional Dwelling Units. Explore Folsom's historic district, lake, river access, golf, excellent schools, and dining to see why Folsom was recently named the #1 rated town in California in which to raise your family.
Last Agent to Sell the Property
eXp Realty of Northern California, Inc. License #01486948 Listed on: 01/11/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2010
Lot Details
- 0.41 Acre Lot
- South Facing Home
- Wood Fence
- Back Yard Fenced
- Zoning described as SP95-1
Parking
- 6 Car Attached Garage
- Extra Deep Garage
Property Views
- Panoramic
- Downtown
Home Design
- Custom Home
- Modern Architecture
- Split Level Home
- Raised Foundation
- Slab Foundation
- Tile Roof
- Stucco
- Stone
Interior Spaces
- 5,443 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Cathedral Ceiling
- Whole House Fan
- Ceiling Fan
- Electric Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family or Dining Combination
- Home Theater
- Home Office
- Carbon Monoxide Detectors
Kitchen
- Built-In Electric Oven
- Self-Cleaning Oven
- Gas Cooktop
- Range Hood
- Warming Drawer
- Microwave
- Built-In Refrigerator
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
Laundry
- Laundry Room
- 220 Volts In Laundry
Outdoor Features
- Uncovered Courtyard
- Patio
Utilities
- Central Heating and Cooling System
- Three-Phase Power
- Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Solar owned by seller
Community Details
- No Home Owners Association
- Built by Grymaylo Construction
- Broadstone Subdivision
Listing and Financial Details
- Assessor Parcel Number 072-2760-013-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2022
Closed on
Feb 14, 2022
Sold by
Kwock Yee Richard and Kwock Rima S
Bought by
Mcwhorter Jami A and Kuckenbaker Russell
Seller's Agent
Cassandra Niklewski
eXp Realty of Northern California, Inc.
Buyer's Agent
Margaret Melville
The Melville Group
List Price
$1,850,000
Sold Price
$1,900,000
Premium/Discount to List
$50,000
2.7%
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
$10,910
Avg. Annual Appreciation
0.14%
Original Mortgage
$1,155,000
Outstanding Balance
$1,062,935
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$847,975
Purchase Details
Closed on
May 28, 2008
Sold by
Yee Richard Kwock
Bought by
Yee Richard Kwock and Yee Rima S
Purchase Details
Closed on
Nov 16, 2006
Sold by
The Dakotas Llc
Bought by
Yee Richard Kwock
Purchase Details
Closed on
Aug 18, 2006
Sold by
Elliott Homes Inc
Bought by
The Dakotas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.7%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcwhorter Jami A | $1,900,000 | Placer Title | |
| Yee Richard Kwock | -- | None Available | |
| Yee Richard Kwock | $166,000 | Alliance Title | |
| Yee Richard Kwock | -- | Alliance Title | |
| The Dakotas Llc | $260,000 | Stewart Title Of Sacramento |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcwhorter Jami A | $1,155,000 | |
| Previous Owner | The Dakotas Llc | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/04/2022 03/04/22 | Sold | $1,900,000 | +2.7% | $349 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $1,850,000 | -- | $340 / 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 | $22,043 | $2,116,294 | $604,888 | $1,511,406 |
| 2024 | $22,043 | $1,976,760 | $593,028 | $1,383,732 |
| 2023 | $21,662 | $1,938,000 | $581,400 | $1,356,600 |
| 2022 | $14,644 | $1,293,169 | $328,247 | $964,922 |
| 2021 | $14,455 | $1,267,813 | $321,811 | $946,002 |
| 2020 | $15,194 | $1,254,814 | $318,512 | $936,302 |
| 2019 | $15,038 | $1,230,211 | $312,267 | $917,944 |
| 2018 | $14,701 | $1,206,091 | $306,145 | $899,946 |
| 2017 | $13,797 | $1,182,443 | $300,143 | $882,300 |
| 2016 | $14,334 | $1,159,258 | $294,258 | $865,000 |
| 2015 | $13,245 | $1,083,240 | $210,630 | $872,610 |
| 2014 | $12,632 | $1,062,000 | $206,500 | $855,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cassandra Niklewski
-
Margaret Melville
Buyer's Agent in 2022
Margaret Melville
The Melville Group
(916) 203-3765
2 in this area
57 Total Sales
Map
Source: MetroList
MLS Number: 222002176
APN: 072-2760-013
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