NOT LISTED FOR SALE

477 Serpa Way Folsom, CA 95630

Broadstone Neighborhood

Estimated Value: $2,457,000 - $2,644,000

5 Beds
7 Baths
6,718 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $2,400,000 $357 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,708/month

13 Days on Market

Highlights

  • Home Theater
  • City Lights View
  • Fireplace in Primary Bedroom
  • Russell Ranch Elementary School Rated A
  • Built-In Refrigerator
  • Contemporary Architecture

About This Home

As of April 2022

Gorgeous Folsom custom hillside home in prestigious Terrazzo Estates. City views from every level. Floorplan is perfect for indoor/outdoor entertaining. Master bedroom includes its own private balcony. Large in-law/guest unit with its own kitchen and washer/dryer hookups. Additional features include Home theatre room, large kitchen and family room. Attention to detail is shown throughout the home. 5 Bedroom; 4 Full and 3 Half Baths!

Last Agent to Sell the Property

Anish Nand

Direct Realty and Mortgage License #02048204 Listed on: 02/04/2022

Last Buyer's Agent

Barbara Shu

Tuscany Real Estate Services, Inc. License #01391312

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.29 Acre Lot
  • Sprinklers on Timer
  • Back Yard Fenced and Front Yard
  • Zoning described as SP95-1

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Raised Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,718 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Home Theater Equipment
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Dining Room
  • Home Theater
  • City Lights Views
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Doors
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 072-2740-026-0000

Community Details

Overview

  • No Home Owners Association
  • Broadstone 3 Village 2B Terrazzo Estates Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Planned Unit Develop,Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 3
  • Year Built: 2009
  • Accessibility Features: AccessibleDoors
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Subdivision: Broadstone 3 Village 2B Terrazzo Estates
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Gas Cook Top, Built-In Refrigerator, Hood Over Range, Ice Maker, Dishwasher, Microwave, Wine Refrigerator
  • Other Equipment: Home Theater Equipment, Central Vacuum
  • Fireplace Features: Living Room, Master Bedroom, Family Room, Gas Piped
  • Fireplaces: 3
  • Flooring: Tile, Wood
  • Master Bathroom Features: Shower Stall(s),Double Sinks,Granite,Tile,Walk-In Closet
  • Master Bedroom Features: Balcony,Walk-In Closet,Sitting Area
  • Total Bathrooms: 7
  • Bathroom Features: Double Sinks,Granite,Jack & Jill,Tub w/Shower Over
  • Dining Room Features: Formal Room,Dining/Family Combo,Space in Kitchen
  • Family Room Features: View
  • Kitchen Features: Breakfast Area,Breakfast Room,Pantry Closet,Granite Counter,Island,Island w/Sink,Kitchen/Family Combo
  • Living Room Features: View
  • Room Type: Master Bathroom, Master Bedroom, Dining Room, Family Room, Home Theater, In Law Apartment, Kitchen, Laundry, Living Room
  • Lower Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Partial Bath(s),Kitchen
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Partial Bath(s),Kitchen
  • Price Per Square Foot: 357.25
  • Square Footage: 6718.00

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Disclosures/Documents: CC&Rs, Natural Hazard Disclosure Available, Preliminary Title Report
  • Exterior Features: Balcony
  • Fencing: Back Yard, Front Yard
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2500000.00
  • Lot Features: Auto Sprinkler F&R, Low Maintenance
  • Pool: No
  • Road Surface Type: Asphalt
  • Roof: Tile
  • Spa: No
  • Topography: Lot Grade Varies,Lot Sloped
  • View Description: City, City Lights
  • Land Use: Residential

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm
  • Sewer: Public Sewer
  • Utilities: Cable Available, Dish Antenna, Public, Electric, Underground Utilities, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central, MultiUnits, MultiZone
  • Electric: 220 Volts in Laundry
  • Heating: Central, Fireplace(s)
  • Laundry Features: Cabinets, Sink, Electric, Gas Hook-Up, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: SP95-1
  • Irrigation: Public District
  • Lot Size Acres: 0.2931
  • Lot Size Sq Ft: 12767.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 072-2740-026-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 1, 2022
Sold by
Verma Ram J and Verma Surinder J
Bought by
Soe Kyaw Kyaw and Kyaw Tin Min
Seller's Agent
Anish Nand
Direct Realty and Mortgage
Buyer's Agent
Barbara Shu
Tuscany Real Estate Services, Inc.
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$2,564,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,941
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,500,000
Outstanding Balance
$1,398,484
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,166,457

Purchase Details

Listed on
Mar 26, 2014
Closed on
Aug 21, 2014
Sold by
Kim Mike T and Kim Michelle
Bought by
Verma Ram and Verma Surinder J
Seller's Agent
stacy duarte
RE/MAX Gold Natomas
Buyer's Agent
Mela Fratarcangeli
Onyx Real Estate
List Price
$1,288,000
Sold Price
$1,130,000
Premium/Discount to List
-$158,000
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$565,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2007
Sold by
Elliott Homes Inc
Bought by
Kim Mike T and Kim Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,160
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Soe Kyaw Kyaw $2,400,000 Fidelity National Title
Verma Ram $1,130,000 Chicago Title Company
Kim Mike T $244,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soe Kyaw Kyaw $1,500,000
Previous Owner Verma Ram $565,000
Previous Owner Kim Mike T $195,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2022 04/11/22 Sold $2,400,000 -4.0% $357 / Sq Ft
02/21/2022 02/21/22 Off Market $2,500,000 -- --
02/17/2022 02/17/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $2,500,000 +121.2% $372 / Sq Ft
09/05/2014 09/05/14 Sold $1,130,000 -12.3% $167 / Sq Ft View Prior Sale
07/31/2014 07/31/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $1,288,000 -- $191 / 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 $27,711 $2,546,899 $530,604 $2,016,295
2024 $27,711 $2,496,960 $520,200 $1,976,760
2023 $27,229 $2,448,000 $510,000 $1,938,000
2022 $14,497 $1,279,753 $383,924 $895,829
2021 $14,310 $1,254,661 $376,397 $878,264
2020 $15,051 $1,241,797 $372,538 $869,259
2019 $14,897 $1,217,449 $365,234 $852,215
2018 $14,563 $1,193,578 $358,073 $835,505
2017 $13,669 $1,170,175 $351,052 $819,123
2016 $14,199 $1,147,231 $344,169 $803,062
2015 $13,757 $1,130,000 $339,000 $791,000
2014 $12,402 $1,040,274 $178,332 $861,942
Source: Public Records

Agents Affiliated with this Home

  • Anish Nand

    Seller's Agent in 2022

    Anish Nand

    Direct Realty and Mortgage

    (916) 850-5853

    1 in this area

    12 Total Sales

    Anish Nand
    Section Image

  • B

    Buyer's Agent in 2022

    Barbara Shu

    Tuscany Real Estate Services, Inc.

    (510) 750-8691

    1 in this area

    51 Total Sales

    Barbara Shu
    Section Image
  • stacy duarte

    Seller's Agent in 2014

    stacy duarte

    RE/MAX

    (916) 718-1686

    13 Total Sales

    stacy duarte
    Section Image
  • Mela Fratarcangeli

    Buyer's Agent in 2014

    Mela Fratarcangeli

    Onyx Real Estate

    (916) 990-8971

    5 in this area

    184 Total Sales

    Mela Fratarcangeli
    Section Image
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Map

Source: MetroList

MLS Number: 222012120

MetroList

APN: 072-2740-026

California Sacramento County Folsom 95630 Broadstone

477 Serpa Way, Folsom, CA

Not Listed for Sale

Detached

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