NOT LISTED FOR SALE

Estimated Value: $643,558 - $748,000

0.96 Acre
$730,354 Price per Acre
41,818 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $665,000

Est. 5% increase in value since last sale

Current estimated payment $4,542/month

1 Day on Market

Highlights

  • Panoramic View
  • Gated Community
  • Park
  • Silva Valley Elementary School Rated A-
  • 0.96 Acre Lot
  • Greenbelt

About This Lot

As of April 2024

This lot is one of the best Folsom Lakeview lots on the market in Serrano. It has 180 degree views that will take your break away. This 0.960 acre lot backs up to the walking trails and the open space areas. In addition this lot offer a great size building envelope for building the dream home that one may have in mind. Located in Serrano's master planned community which includes a championship golf course country club. Attended guard gates and security patrol are great feature for this subdivision. There are miles of trails, vast areas of open space and great local schools nearby. Don't miss out on this fabulous property.

Last Agent to Sell the Property

Manny Cazares

eXp Realty of California, Inc. License #00969767 Listed on: 03/15/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Manny Cazares

eXp Realty of California, Inc. License #00969767 Listed on: 03/15/2024

eXp Realty of California, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.96 Acre Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Possible uses of the property include Residential

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • City
  • Hills

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 123-190-021-000

Community Details

Overview

  • Association fees include management, security
  • Serrano Homeowners Association, Phone Number (916) 939-1728
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Park

Additional Features

  • Net Lease
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$200 per month

Listing Details

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

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Plot Map, Topographic Map, Natural Hazard Disclosure Available
  • Fencing: None
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 685000.00
  • Lot Features: Curb(s), Shape Regular, Greenbelt, Gutter(s), Paved
  • New Construction: No
  • Pool: No
  • Road Frontage: Private Road
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Downslope,Level,Lot Grade VariesDownslope,Level,Lot Grade Varies
  • View Description: Panoramic, City, Hills, Lake
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer, Sewer Available
  • Utilities: Cable Available, Underground Utilities, Internet Available, Water Available, Natural Gas Available, Phone Available
  • Water Source: Public, Meter on Site, Meter Paid

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Security, Other
  • Association Name: Serrano Homeowners Association
  • Association Phone: (916) 939-1728
  • Association: Yes
  • Community Features: Park, Greenbelt, Security Gate
  • 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: None
  • Current Use: Residential
  • Development Status: Final Map Approved, Improvements Complete, Topography Map Available
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.9600
  • Lot Size Sq Ft: 41818.00
  • Possible Use: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: ["Other"]

Tax Info

  • Assessor Parcel Number: 123-190-021-000
  • 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
Mar 15, 2024
Closed on
Mar 22, 2024
Sold by
Famil Heriberto and Famil Esther
Bought by
Manam Santhosh Reddy and Reddy Gurram Divya
Seller's Agent
Manny Cazares
eXp Realty of California, Inc.
Buyer's Agent
Manny Cazares
eXp Realty of California, Inc.
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%
Views
12
Current Estimated Value
$701,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,140
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Jan 15, 2021
Closed on
Oct 11, 2021
Sold by
Morgan Christopher and Morgan Jamie
Bought by
Muro Heriberto and Figueroa Esther
Seller's Agent
Sue Hall
Vista Sotheby's International Realty
Buyer's Agent
Patricia Seide
Coldwell Banker Realty
List Price
$579,000
Sold Price
$549,000
Premium/Discount to List
-$30,000
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Khan Mohamed H and Khan Naz
Bought by
Morgan Christopher and Morgan Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2002
Sold by
Serrano Associates Llc
Bought by
Khan Mohamed H and Khan Naz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manam Santhosh Reddy $665,000 Fidelity National Title
Muro Heriberto $549,000 Placer Title Company
Morgan Christopher $325,000 North American Title Co
Khan Mohamed H $275,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muro Heriberto $400,000
Previous Owner Morgan Christopher $260,000
Previous Owner Khan Mohamed H $233,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $665,000 -2.9% --
03/16/2024 03/16/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $685,000 +24.8% --
11/02/2021 11/02/21 Sold $549,000 -5.2% -- View Prior Sale
09/19/2021 09/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $579,000 -- --
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 $8,024 $678,300 $678,300 --
2024 $8,024 $571,179 $571,179 --
2023 $8,171 $559,980 $559,980 $0
2022 $8,124 $549,000 $549,000 $0
2021 $6,203 $360,854 $360,854 $0
2020 $6,188 $357,154 $357,154 $0
2019 $6,171 $350,151 $350,151 $0
2018 $6,101 $343,286 $343,286 $0
2017 $6,072 $336,555 $336,555 $0
2016 $6,059 $329,956 $329,956 $0
2015 $6,241 $338,019 $338,019 $0
2014 $6,241 $331,399 $331,399 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224024027

MetroList

APN: 123-190-021-000