NOT LISTED FOR SALE

Estimated Value: $2,037,000 - $2,354,000

0.5 Acre
$4,392,992 Price per Acre
21,780 Sq Ft Lot

Last Sold March 27, 2013

Last sale price $216,000

Est. 917% increase in value since last sale

Current estimated payment $13,288/month

670 Days on Market

About This Lot

As of March 2013

One of the most desirable lots available in the entire custom gated community of Hillcrest. This half acre lot with views is located at the end of a quiet cul-de-sac. A perfect place to build your dream home in one of the most prestigious areas of Folsom. You are close to restaurants, shopping, employment, within a few miles of Intel and near the best schools in the entire state of California. Trails, tennis courts, playgrounds & more await you in this exceptional neighborhood.

Last Agent to Sell the Property

Mark Solich

Windermere Signature Properties El Dorado Hills/Folsom License #01110953 Listed on: 05/06/2011

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Jeret Arnaz

Keller Williams Realty Folsom License #01426801

Keller Williams Realty Folsom

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,127

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions: 21780
  • Possible uses of the property include Single Family

HOA Fees

  • $74 Monthly HOA Fees

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072-2290-029-0000

Property Details

Property Type

Land

Est. Annual Taxes

$18,127

Lot Details

0

HOA Fees

$74 per month

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,See Remarks
  • Horse Property: No
  • Listing Price: 199000.00
  • Lot Features: Cul-De-Sac,Curb(s),Shape Regular,Sidewalk(s),Street Light(s)
  • Road Surface Type: Paved
  • Additional Living Units: No

Condo/Co-op/Association

  • Association Fee: 74
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: RES
  • Crops: None
  • Current Use: Subdivision
  • Development Status: Lot Build To Suit
  • Zoning Description: Residential
  • Irrigation: Public
  • Lot Size Acres: 0.5000
  • Lot Dimensions: 21,780 SQFT
  • Lot Size Sq Ft: 21780
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 072-2290-029-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Nambiar Sabarish and Nambiar Indu J
Bought by
Nambiar Indu J and Nambiar Sabarish K
Current Estimated Value
$2,196,496

Purchase Details

Listed on
May 6, 2011
Closed on
Mar 25, 2013
Sold by
Golden State Lumber Inc
Bought by
Nambiar Sabarish and Nambiar Indu J
Seller's Agent
Mark Solich
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Jeret Arnaz
Keller Williams Realty Folsom
List Price
$229,000
Sold Price
$216,000
Premium/Discount to List
-$13,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.74%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bellwether Properties Inc
Bought by
Golden State Lumber Inc

Purchase Details

Closed on
Jun 23, 2009
Sold by
Donaldson Thomas and The Thomas Donaldson Revocable
Bought by
Bellwether Properties Inc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Donaldson Thomas
Bought by
Donaldson Thomas and The Thomas Donaldson Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Devers Gary and Devers Marcia
Bought by
Donaldson Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2004
Sold by
Elliott Homes Inc
Bought by
Devers Gary and Devers Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Nambiar Indu J -- None Available
Nambiar Sabarish $216,000 Fidelity National Title Co
Golden State Lumber Inc -- None Available
Bellwether Properties Inc $205,000 Old Republic Title Company
Donaldson Thomas -- --
Donaldson Thomas $285,000 Old Republic Title Company
Devers Gary $229,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nambiar Sabarish K $941,000
Closed Nambiar Sabarish K $947,000
Closed Nambiar Sabarish K $960,000
Closed Nambiar Sabarish $991,000
Closed Nambiar Sabarish $1,000,000
Previous Owner Donaldson Thomas $3,500,000
Previous Owner Donaldson Thomas $256,500
Previous Owner Devers Gary $217,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $216,000 -5.7% --
03/06/2013 03/06/13 Pending -- -- --
05/06/2011 05/06/11 For Sale $229,000 -- --
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 $18,127 $1,645,713 $265,982 $1,379,731
2024 $18,127 $1,613,445 $260,767 $1,352,678
2023 $17,814 $1,581,809 $255,654 $1,326,155
2022 $17,576 $1,550,794 $250,642 $1,300,152
2021 $17,350 $1,520,387 $245,728 $1,274,659
2020 $17,115 $1,419,600 $312,000 $1,107,600
2019 $16,634 $1,475,293 $238,441 $1,236,852
2018 $17,447 $1,446,366 $233,766 $1,212,600
2017 $16,081 $1,391,183 $229,183 $1,162,000
2016 $4,501 $267,690 $224,690 $43,000
2015 $3,904 $221,315 $221,315 $0
2014 $3,767 $216,980 $216,980 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11033996

MetroList

APN: 072-2290-029