NOT LISTED FOR SALE

423 Serpa Way Folsom, CA 95630

Broadstone Neighborhood

Estimated Value: $1,623,334 - $1,803,000

0.28 Acre
$6,249,852 Price per Acre
12,036 Sq Ft Lot

Last Sold September 10, 2018

Last sale price $335,000

Est. 415% increase in value since last sale

Current estimated payment $10,595/month

51 Days on Market

About This Lot

As of September 2018

Amazing opportunity! Property in desirable Terrazzo Estates with the view on the city. Conveniently positioned near award-winning schools and Shoping centers. No HOA

Last Agent to Sell the Property

Lilia Kushch

Fathom Realty Group, Inc. License #02031025 Listed on: 07/03/2018

Fathom Realty Group, Inc.

Last Buyer's Agent

Patricia Agheli

Newpoint Realty License #01091664

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,110

Lot Details

  • 0.28 Acre Lot
  • Possible uses of the property include Single Family
  • Property is zoned SP95-1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072-2750-019-0000

Property Details

Property Type

Land

Est. Annual Taxes

$15,110

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,See Remarks
  • Horse Property: No
  • Listing Price: 365000.00
  • Lot Features: Shape Regular,Sidewalk(s)
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: SP95-1
  • Crops: None
  • Current Use: Subdivision,Vacant
  • Development Status: Lot Build To Suit
  • Zoning Description: Residential
  • Irrigation: Public
  • Lot Size Acres: 0.2763
  • Lot Size Sq Ft: 12036
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 072-2750-019-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Murthy Nandish and Murthy Saleela
Bought by
2023 Murthy Family Trust
Current Estimated Value
$1,726,834

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 10, 2018
Sold by
Serpa Way Llc
Bought by
Murthy Nandish and Murthy Saleela
Seller's Agent
Lilia Kushch
Fathom Realty Group, Inc.
Buyer's Agent
Patricia Agheli
Newpoint Realty
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.09%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Kushch Maxym
Bought by
Serpa Way 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
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2018
Sold by
Elliott Homes Inc
Bought by
Kushch Maxym

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
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
2023 Murthy Family Trust -- --
Murthy Nandish $335,000 Chicago Title Company
Kushch Maxym -- Chicago Title Company
Serpa Way Llc -- None Available
Kushch Maxym $260,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murthy Nandish $862,000
Previous Owner Murthy Nandish $850,000
Previous Owner Murthy Nandish $850,000
Previous Owner Kushch Maxym $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $335,000 -8.2% --
08/23/2018 08/23/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $365,000 +9.0% --
08/17/2018 08/17/18 Off Market $335,000 -- --
08/13/2018 08/13/18 Price Changed $365,000 -8.5% --
07/03/2018 07/03/18 For Sale $399,000 -- --
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 $15,110 $1,374,380 $373,696 $1,000,684
2024 $15,110 $1,347,432 $366,369 $981,063
2023 $14,865 $1,321,013 $359,186 $961,827
2022 $14,742 $1,295,112 $352,144 $942,968
2021 $14,553 $1,269,719 $345,240 $924,479
2020 $11,380 $901,700 $341,700 $560,000
2019 $5,220 $335,000 $335,000 $0
2018 $1,999 $43,858 $43,858 $0
2017 $1,953 $42,999 $42,999 $0
2016 $1,959 $42,156 $42,156 $0
2015 $1,929 $41,523 $41,523 $0
2014 $1,891 $40,710 $40,710 $0
Source: Public Records

Agents Affiliated with this Home

  • Lilia Kushch

    Seller's Agent in 2018

    Lilia Kushch

    Fathom Realty Group, Inc.

    (916) 613-2122

    7 Total Sales

    Lilia Kushch
    Section Image

  • P

    Buyer's Agent in 2018

    Patricia Agheli

    Newpoint Realty

    (916) 878-8563

    8 Total Sales

    Patricia Agheli
    Section Image
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Map

Source: MetroList

MLS Number: 18044838

MetroList

APN: 072-2750-019

California Sacramento County Folsom 95630 Broadstone

423 Serpa Way, Folsom, CA

This home is located at 423 Serpa Way, Folsom, CA 95630 since 03 July 2018 and is currently estimated at $1,726,834. 423 Serpa Way is a home located in Sacramento County with nearby schools including Russell Ranch Elementary School, Folsom Middle School, and Vista Del Lago 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.

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