NOT LISTED FOR SALE

407 Mormon St Folsom, CA 95630

Folsom Central Neighborhood

Estimated Value: $558,000 - $643,009

3 Beds
2 Baths
1,500 Sq Ft
$398/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $429,000 $286 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,729/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Theodore Judah Elementary School Rated A

About This Home

As of April 2017

RARE Old Town Folsom Duplex. Front unit is 1/1. Rear unit is 2/1 with attached 2 car garage; alley access; RV parking. All tenants enjoy large yard with many citrus trees. Rear unit is vacant but rents up to $1350. New carpet/fresh paint/new fridge (included). Very clean unit/move in ready. Outside access laundry for both units. Walk to Sutter St. & Light Rail. Middle & Elementary school down the street. Perfect location! At this price & location this will sell fast. Make offer today.

Last Agent to Sell the Property

Steve Miklos

Bentley Mortgage and Real Estate Services License #01000712 Listed on: 02/06/2017

Last Buyer's Agent

Cynthia Thompson

Todd's Valley Realty License #01309793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions: 50

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 070-0165-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,242

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Microwave
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 429000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1607
  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 070-0165-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 16, 2017
Sold by
Petker Darryl L
Bought by
Robinson Ahren L and Robinson Bonnie L
Seller's Agent
Steve Miklos
Bentley Mortgage and Real Estate Services
Buyer's Agent
Cynthia Thompson
Todd's Valley Realty
List Price
$429,000
Sold Price
$429,000
Current Estimated Value
$596,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,010
Avg. Annual Appreciation
4.06%
Original Mortgage
$343,200
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1997
Sold by
Ashbaugh James R and Ashbaugh Del Marie
Bought by
Petker Darryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,150
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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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
Robinson Ahren L $429,000 Placer Title Company
Petker Darryl L $106,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Ahren L $331,000
Closed Robinson Ahren L $343,200
Previous Owner Petker Darryl L $97,900
Previous Owner Ashbaugh James R $103,000
Previous Owner Petker Darryl L $101,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2017 04/04/17 Sold $429,000 0.0% $286 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $429,000 -- $286 / Sq Ft
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 $5,242 $497,885 $208,902 $288,983
2024 $5,242 $488,123 $204,806 $283,317
2023 $5,148 $478,553 $200,791 $277,762
2022 $5,071 $469,170 $196,854 $272,316
2021 $5,003 $459,972 $192,995 $266,977
2020 $4,940 $455,257 $191,017 $264,240
2019 $4,856 $446,331 $187,272 $259,059
2018 $4,734 $437,580 $183,600 $253,980
2017 $1,563 $149,436 $70,157 $79,279
2016 $1,633 $146,507 $68,782 $77,725
2015 $1,578 $144,307 $67,749 $76,558
2014 $1,498 $141,481 $66,422 $75,059
Source: Public Records

Agents Affiliated with this Home

  • Steve Miklos

    Seller's Agent in 2017

    Steve Miklos

    Bentley Mortgage and Real Estate Services

    (916) 715-7012

    1 in this area

    27 Total Sales

    Section Image
  • Cynthia Thompson

    Buyer's Agent in 2017

    Cynthia Thompson

    Todd's Valley Realty

    (530) 320-2920

    7 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 17006375

MetroList

APN: 070-0165-005

California Sacramento County Folsom 95630 Folsom Central

407 Mormon St, Folsom, CA

This home is located at 407 Mormon St, Folsom, CA 95630 since 06 February 2017 and is currently estimated at $597,502, approximately $398 per square foot. This property was built in 1965. 407 Mormon St is a home located in Sacramento County with nearby schools including Theodore Judah Elementary School, Sutter Middle School, and Folsom High School.

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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