NOT LISTED FOR SALE

505 Wales Dr Folsom, CA 95630

Estimated Value: $491,000 - $574,757

3 Beds
2 Baths
1,366 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $350,000 $256 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,202/month

55 Days on Market

Highlights

  • Private Pool
  • No HOA
  • 2 Car Attached Garage
  • Theodore Judah Elementary School Rated A
  • Breakfast Area or Nook
  • Double Pane Windows

About This Home

As of August 2016

Remodeled and ready to entertain! Landscaped front and back, built in pool and horsepit for all those backyard BBQ's. Located close to old town Folsom and all the fun that happens in town! Original refinished hard wood floors, custom tile work, new cabinets, new exterior stucco, new roof, and more. This is a turn key remodel ready for a new family to come in and enjoy!

Last Agent to Sell the Property

Eric Nuttall

Skyline Properties License #01852478 Listed on: 06/08/2016

Co-Listed By

Magno Garay

Skyline Properties License #01792559

Last Buyer's Agent

Christina O'Brien

RE/MAX Gold License #01432703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,263

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 8,751 Sq Ft Lot
  • Zoning described as R-1-M

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry

Additional Features

  • Private Pool
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 071-0113-023-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,263

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1959
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Tile,Wood
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook
  • Room Type: Baths Other
  • Price Per Square Foot: 256.22
  • Square Footage: 1366
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 352500.00
  • Lot Features: Auto Sprinkler F&R,Shape Regular
  • Pool Features: Built-In,On Lot
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-1-M
  • Irrigation: Public District
  • Lot Size Acres: 0.2009
  • Lot Size Sq Ft: 8751

Tax Info

  • Assessor Parcel Number: 071-0113-023-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 17, 2016
Sold by
Equity Smart Investments Lp
Bought by
Brien Christina O
Seller's Agent
Eric Nuttall
Skyline Properties
Buyer's Agent
Christina O'Brien
RE/MAX Gold
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Current Estimated Value
$543,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,939
Avg. Annual Appreciation
4.92%
Original Mortgage
$200,000
Outstanding Balance
$159,267
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,672

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 6, 2016
Sold by
Sumerlin Real Estate Investments Inc
Bought by
Equity Smart Investments Lp
Seller's Agent
Christina Gill
Real Estate Source Inc
Buyer's Agent
Sarah Wright
Realty One Group Complete
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.10%
Original Mortgage
$220,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 17, 2016
Sold by
Cook Stephen W and Cook Roberta H
Bought by
Sumerlin Real Estate Investments Inc
Seller's Agent
Christina Gill
Real Estate Source Inc
Buyer's Agent
Sarah Wright
Realty One Group Complete
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2003
Sold by
Va
Bought by
Cook Stephen W and Cook Roberta H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Brien Christina O $350,000 North American Title Co Inc
Brien Christina O -- North American Title Co Inc
Equity Smart Investments Lp $275,000 Chicago Title Company
Sumerlin Real Estate Investments Inc $253,000 Chicago Title Company
Cook Stephen W -- Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brien Christina O $200,000
Previous Owner Equity Smart Investments Lp $220,000
Previous Owner Cook Stephen W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2016 08/24/16 Sold $350,000 -1.4% $256 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $355,000 +40.3% $260 / Sq Ft
03/30/2016 03/30/16 Sold $253,000 +1.2% $185 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $250,000 -- $183 / 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 $4,263 $406,198 $104,449 $301,749
2024 $4,263 $398,234 $102,401 $295,833
2023 $4,186 $390,427 $100,394 $290,033
2022 $4,123 $382,773 $98,426 $284,347
2021 $4,067 $375,269 $96,497 $278,772
2020 $4,016 $371,422 $95,508 $275,914
2019 $3,948 $364,140 $93,636 $270,504
2018 $3,848 $357,000 $91,800 $265,200
2017 $3,587 $350,000 $90,000 $260,000
2016 $1,335 $126,783 $49,466 $77,317
2015 $1,289 $124,879 $48,723 $76,156
2014 $1,222 $122,434 $47,769 $74,665
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christina Gill

    Real Estate Source Inc

    Section Image

  • E

    Seller's Agent in 2016

    Eric Nuttall

    Skyline Properties

    Section Image
  • Magno Garay

    Seller Co-Listing Agent in 2016

    Magno Garay

    Skyline Properties

    (916) 275-7144

    84 Total Sales

    Magno Garay
    Section Image

  • S

    Buyer's Agent in 2016

    Sarah Wright

    Realty One Group Complete

    Section Image

  • C

    Buyer's Agent in 2016

    Christina O'Brien

    RE/MAX Gold

See All Agents

Map

Source: MetroList

MLS Number: 16036516

MetroList

APN: 071-0113-023

California Sacramento County Folsom 95630

505 Wales Dr, Folsom, CA

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