NOT LISTED FOR SALE

494 Serpa Way Folsom, CA 95630

Broadstone Neighborhood

Estimated Value: $436,720 - $457,000

0.42 Acre
$1,063,351 Price per Acre
18,483 Sq Ft Lot

Last Sold April 27, 2016

Last sale price $248,000

Est. 82% increase in value since last sale

Current estimated payment $2,742/month

222 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Views
  • Russell Ranch Elementary School Rated A

About This Lot

As of April 2016

Great Opportunity at a Great Price! Very desirable location in Terrazzo Estates with gorgeous views of surrounding Folsom and Sacramento Valleys. Build your dream home and enjoy the daily breathtaking sunsets. No obstructed views due to walking/biking trails located across from the lot. Close to excellent shopping, restaurants, schools and freeways.

Last Agent to Sell the Property

Navio Bains

Windermere Signature Properties Natomas License #01262729 Listed on: 08/14/2015

Windermere Signature Properties Natomas

Co-Listed By

Danny Tejeda

Windermere Signature Properties Natomas License #01958603

Last Buyer's Agent

Cathleen Watson

RE/MAX Gold Cameron Park License #01459139

RE/MAX Gold Cameron Park

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,641

Lot Details

  • 0.42 Acre Lot
  • Possible uses of the property include Single Family
  • Property is zoned R1M

Utilities

  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Terrazzo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072-2740-022-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,641

Lot Details

0

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,Mineral Rights None,See Remarks
  • Horse Property: No
  • Listing Price: 270000.00
  • Lot Features: Curb(s),Paved,Sidewalk(s)
  • Road Surface Type: Paved
  • View Description: Special
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R1M
  • Crops: None
  • Current Use: Subdivision,Vacant
  • Development Status: Improvements Complete
  • Zoning Description: Residential
  • Irrigation: Public
  • Lot Size Acres: 0.4243
  • Lot Size Sq Ft: 18483
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 072-2740-022-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Apr 22, 2016
Sold by
Patel Ashishkumar H
Bought by
Patel Chetna
Seller's Agent
Navio Bains
Windermere Signature Properties Natomas
Buyer's Agent
Cathleen Watson
RE/MAX Gold Cameron Park
List Price
$290,000
Sold Price
$248,000
Premium/Discount to List
-$42,000
-14.48%
Current Estimated Value
$451,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,180
Avg. Annual Appreciation
7.45%
Original Mortgage
$198,400
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 14, 2015
Closed on
Apr 20, 2016
Sold by
Rana Haseeb A and Rana Farkhana
Bought by
Patel Chetna
Seller's Agent
Navio Bains
Windermere Signature Properties Natomas
Buyer's Agent
Cathleen Watson
RE/MAX Gold Cameron Park
List Price
$290,000
Sold Price
$248,000
Premium/Discount to List
-$42,000
-14.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2014
Sold by
Internal Revenue Service
Bought by
The Rana Family Trust

Purchase Details

Closed on
Nov 17, 2008
Sold by
Elliott Homes Inc
Bought by
Khalil Wahidullah
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
Patel Chetna -- Placer Title Company
Patel Chetna $248,000 Placer Title Company
The Rana Family Trust $167,000 None Available
Khalil Wahidullah $160,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chetna $200,000
Closed Patel Chetna $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $248,000 -14.5% --
03/23/2016 03/23/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $290,000 -- --
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 $3,641 $293,578 $293,578 --
2024 $3,641 $287,822 $287,822 --
2023 $3,585 $282,179 $282,179 $0
2022 $3,566 $276,647 $276,647 $0
2021 $3,526 $271,223 $271,223 $0
2020 $4,401 $268,442 $268,442 $0
2019 $4,426 $263,179 $263,179 $0
2018 $4,354 $258,019 $258,019 $0
2017 $4,149 $252,960 $252,960 $0
2016 $3,379 $169,546 $169,546 $0
2015 $3,301 $167,000 $167,000 $0
2014 $1,460 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Navio Bains

    Seller's Agent in 2016

    Navio Bains

    Windermere Signature Properties Natomas

    (916) 214-1094

    33 Total Sales

    Navio Bains
    Section Image
  • Danny Tejeda

    Seller Co-Listing Agent in 2016

    Danny Tejeda

    Windermere Signature Properties Natomas

    (916) 895-8829

    152 Total Sales

    Danny Tejeda
    Section Image
  • Cathleen Watson

    Buyer's Agent in 2016

    Cathleen Watson

    RE/MAX

    (916) 541-4662

    36 Total Sales

    Cathleen Watson
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 15054022

MetroList

APN: 072-2740-022

California Sacramento County Folsom 95630 Broadstone

494 Serpa Way, Folsom, CA

This home is located at 494 Serpa Way, Folsom, CA 95630 since 14 August 2015 and is currently estimated at $451,180. 494 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.

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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