NOT LISTED FOR SALE

Estimated Value: $477,000 - $531,000

0.48 Acre
$1,073,056 Price per Acre
20,865 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $475,000

Est. 8% increase in value since last sale

Current estimated payment $3,204/month

280 Days on Market

About This Lot

As of April 2024

Gorgeous Folsom Lake view lot at Serrano Country Club. This level building site is the perfect location to build a custom dream home. This lot has been graded and engineered creating a great cost savings as well as ease in the home design and building process. This is a short golf cart ride away from the award winning golf course and country club featuring tennis, pool, fitness center, pro shop and dining with views that will take your breath away. Serrano boasts almost 1000 acres of open space which includes meandering walking/biking trails linking residential areas to restored wetlands, creeks, oak groves and greenbelts. This is located within the guarded gates providing the utmost in privacy and security. Serrano is a fantastic place to call home! LOT 44

Last Agent to Sell the Property

Lisa Paragary

Nick Sadek Sotheby's International Realty License #01196924 Listed on: 05/26/2023

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Lisa Paragary

Nick Sadek Sotheby's International Realty License #01196924 Listed on: 05/26/2023

Nick Sadek Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,669

Lot Details

  • 0.48 Acre Lot
  • Property fronts a private road
  • Few Trees
  • Possible uses of the property include Single Family
  • Zoning described as Planned Unit Development,Residential

HOA Fees

  • $187 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 123-750-009-000

Community Details

Overview

  • Association fees include ground maintenance, management, security
  • Serrano Subdivision
  • Mandatory home owners association

Building Details

  • Net Lease

Property Details

Property Type

Land

Est. Annual Taxes

$2,669

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Subdivision: Serrano
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs, See Remarks
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 475000.00
  • Lot Features: Curb(s), Gutter(s)
  • New Construction: No
  • Pool: No
  • Road Frontage: Private Road
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Lot Grade VariesLot Grade Varies
  • Additional Living Units: No

Utilities

  • Sewer: Sewer Available
  • Utilities: Public
  • Water Source: Public, Meter on Site, Meter Required

Condo/Co-op/Association

  • Association Fee: 187
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Management, Security
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning: RES
  • Crops: Other
  • Current Use: Vacant
  • Development Status: Lot Build To Suit
  • Zoning Description: Planned Unit Development,Residential
  • Irrigation: Public District
  • Lot Size Acres: 0.4790
  • Lot Size Sq Ft: 20865.00
  • Possible Use: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 123-750-009-000
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Mar 28, 2024
Sold by
Serrano Associates Llc
Bought by
Vepakomma Hemanth K and Akunuri Shilpa
Seller's Agent
Lisa Paragary
Nick Sadek Sotheby's International Realty
Buyer's Agent
Lisa Paragary
Nick Sadek Sotheby's International Realty
List Price
$405,000
Sold Price
$475,000
Premium/Discount to List
$70,000
17.28%
Views
122
Current Estimated Value
$513,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,994
Avg. Annual Appreciation
5.88%
Original Mortgage
$94,155
Outstanding Balance
$93,187
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$420,807
Source: Public Records

Range of Values:

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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
Vepakomma Hemanth K $475,000 Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vepakomma Hemanth K $94,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Off Market $475,000 -- --
04/15/2024 04/15/24 Sold $475,000 0.0% --
03/01/2024 03/01/24 Pending -- -- --
06/05/2023 06/05/23 Price Changed $475,000 +17.3% --
05/26/2023 05/26/23 For Sale $405,000 -- --
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 $2,669 $484,500 $484,500 --
2024 $2,669 $21,831 $21,831 --
2023 $2,878 $21,403 $21,403 $0
2022 $2,907 $20,770 $20,770 $0
2021 $2,933 $20,363 $20,363 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223047955

MetroList

APN: 123-750-009-000