$403,000
SOLD OCT 1, 2024
2 Beds
2 Baths
1,018 Sq Ft
2007 Built

Recently Sold

$396 Per Sq Ft

2% Below List Price

24 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Clubhouse
  • Russell Ranch Elementary School Rated A
  • Gated Community
  • Property is near a clubhouse

About This Home

As of October 2024

Your dream home in Folsom is waiting. This 2-bedroom, 2-bathroom condo on the third floor boasts over a thousand square feet of modern living space. Inside you will find brand new carpets, fresh paint, granite countertops, updated appliances, full-size washer and dryer, two spacious bedrooms, two full size bathrooms, a study nook off the dining room, a charming balcony off the family room and a separate one-car garage below the unit. Madrone At Empire Ranch offers resort-like living with a combination of comfort and convenience. Within this sought after condominium community, you will find a stunning pool, state-of-the-art gym, picnic areas, and a beautiful clubhouse. Madrone At Empire Ranch is one of Folsom's most desirable communities and offers a prominent lifestyle at an affordable price. The complex is close to the Palladio, popular restaurants and endless shopping choices. Don't miss this opportunity to elevate your way of life.

Last Agent to Sell the Property

Shannon Cutts

Newpoint Realty License #02046045 Listed on: 07/27/2024

Last Buyer's Agent

Tofor Lewis

Folsom Lake Realty License #02055883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 2007

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking

Home Design

  • Modern Architecture
  • Property Attached
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,018 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Family or Dining Combination

Kitchen

  • Walk-In Pantry
  • Free-Standing Gas Range
  • <<microwave>>
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Upper Level
  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 072-2830-005-0015

Community Details

Overview

  • Association fees include management, common areas, pool, recreation facility, roof, trash, insurance on structure, maintenance exterior, ground maintenance
  • Madrone Association
  • Mandatory home owners association
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Net Lease
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,949

Year Built

Built in 2007

Lot Details

0

HOA Fees

$307 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: No
  • Year Built: 2007
  • Architectural Style: Modern/High Tech
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Ice Maker, Disposal, Microwave
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Master Bathroom Features: Tub w/Shower Over
  • Master Bedroom Features: Walk-In Closet
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Pantry Closet, Granite Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen
  • Price Per Square Foot: 395.87
  • Square Footage: 1018.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Balcony
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 409949.00
  • Lot Features: Close to Clubhouse, Gated Community
  • New Construction: No
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Attached, Enclosed, Garage Door Opener
  • Driveway/Sidewalks: Gated, Paved Sidewalk, Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: None
  • Utilities: Cable Available, Public, Internet Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Dryer Included, Gas Hook-Up, Washer Included, Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Barbeque, Pool, Clubhouse, Exercise Room, Spa/Hot Tub
  • Association Fee: 307
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Common Areas, Pool, Recreation Facility, Roof, Trash, Insurance on Structure, Maintenance Exterior, Maintenance Grounds
  • Association Name: Madrone
  • Association: Yes
  • Pets Allowed: Yes, Cats OK, Dogs OK
  • Senior Community: No
  • Location of Unit: Top Floor, Upper Level
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R4PD
  • Irrigation: Public District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 072-2830-005-0015
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Sep 25, 2024
Sold by
Webster Alison
Bought by
Townsend Kirk
Seller's Agent
Shannon Cutts
Newpoint Realty
Buyer's Agent
Tofor Lewis
Folsom Lake Realty
List Price
$409,949
Sold Price
$403,000
Premium/Discount to List
-$6,949
-1.7%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$80,600
Outstanding Balance
$57,774
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$357,305

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jul 30, 2020
Sold by
Sullivan Brandon
Bought by
Webster Alison
Seller's Agent
Carol Moore
Keller Williams Realty
Buyer's Agent
Shannon Cutts
Newpoint Realty
List Price
$308,000
Sold Price
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$246,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 16, 2018
Sold by
Roper Sarah and Rich Sarah
Bought by
Sullivan Brandon
Seller's Agent
Carol Moore
Keller Williams Realty
Buyer's Agent
Katie Eaton
Coldwell Banker Realty
List Price
$299,950
Sold Price
$309,000
Premium/Discount to List
$9,050
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.15%
Original Mortgage
$237,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2016
Closed on
Jun 23, 2016
Sold by
Pebler Amber and Mccray Amber
Bought by
Rich Sarah
Seller's Agent
Kristen Weckworth
RE/MAX Gold El Dorado Hills
Buyer's Agent
Carrie Moore
Century 21 Sparow-Shoreline
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$232,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
James Glenn R
Bought by
Mccray Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,575
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2011
Sold by
James Glenn R
Bought by
James Glenn R

Purchase Details

Closed on
Apr 29, 2008
Sold by
James Glenn R and James Dawn E
Bought by
James Glenn R and James Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,992
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2008
Sold by
Madrone Attached Homes Lp
Bought by
James Glenn R and James Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,992
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $403,000 Fidelity National Title Compan
Grant Deed $308,000 Placer Title Company
Grant Deed $309,000 Chicago Title Company
Grant Deed $245,000 Old Republic Title Company
Interfamily Deed Transfer -- Fidelity National Title Comp
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $230,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,600 FHA
Open $306,280 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $279,300 New Conventional
Previous Owner $18,000 Credit Line Revolving
Previous Owner $246,400 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $237,000 New Conventional
Previous Owner $232,750 New Conventional
Previous Owner $91,575 FHA
Previous Owner $183,992 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $399,900 -2.2% $393 / Sq Ft
06/20/2025 06/20/25 For Sale $409,000 +1.5% $402 / Sq Ft
10/29/2024 10/29/24 Off Market $403,000 -- --
10/01/2024 10/01/24 Sold $403,000 -1.7% $396 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $409,949 +33.1% $403 / Sq Ft
08/05/2020 08/05/20 Sold $308,000 0.0% $303 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $308,000 0.0% $303 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $308,000 -0.3% $303 / Sq Ft
05/20/2020 05/20/20 Price Changed $309,000 -1.1% $304 / Sq Ft
05/15/2020 05/15/20 Price Changed $312,500 -0.8% $307 / Sq Ft
05/07/2020 05/07/20 Price Changed $315,000 -0.8% $309 / Sq Ft
04/18/2020 04/18/20 For Sale $317,500 +2.8% $312 / Sq Ft
06/26/2018 06/26/18 Sold $309,000 +3.0% $304 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $299,950 +22.4% $295 / Sq Ft
06/24/2016 06/24/16 Sold $245,000 -1.6% $241 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $249,000 -- $245 / 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
2024 $3,949 $326,851 $132,651 $194,200
2023 $3,852 $320,443 $130,050 $190,393
2022 $3,804 $314,160 $127,500 $186,660
2021 $3,762 $308,000 $125,000 $183,000
2020 $3,912 $321,483 $135,252 $186,231
2019 $3,880 $315,180 $132,600 $182,580
2018 $3,121 $254,898 $104,040 $150,858
2017 $2,936 $249,900 $102,000 $147,900
2016 $2,776 $213,552 $67,476 $146,076
2015 $2,642 $205,339 $64,881 $140,458
2014 $2,527 $201,313 $63,609 $137,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224083079

MetroList

APN: 072-2830-005-0015