NOT LISTED FOR SALE

Estimated Value: $1,592,000 - $2,100,000

5 Beds
4.5 Baths
5,000 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $1,300,000 $260 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,181/month

19 Days on Market

Highlights

  • Private Pool
  • Mediterranean Architecture
  • Wet Bar
  • Russell Ranch Elementary School Rated A
  • 4 Fireplaces
  • Views

About This Home

As of July 2016

Situated on a corner lot in prestigious Hillcrest at Empire Ranch, every detail has been planned to perfection in this custom built 5 bedroom, 4.5 bath, approx 5,000 sq ft Mediterranean style residence. An uncompromising level of elegance is evident throughout this home from the impressive courtyard entry, to the outstanding kitchen, master suite, office, formal living and dining rooms, family room, theater room and 2nd level terrace all looking out on beautiful views of Folsom and Sacramento

Last Agent to Sell the Property

Lisa Strong

Lyon RE Folsom License #01320629 Listed on: 05/12/2016

Last Buyer's Agent

Ed Favinger

NextHome Haven Properties License #00812744

NextHome Haven Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,752

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Back Yard Fenced

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • 4 Fireplaces
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Private Pool
  • Shed

Community Details

  • Association fees include ground maintenance

Listing and Financial Details

  • Assessor Parcel Number 072-2140-028-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,752

Year Built

Built in 2008

Lot Details

0

HOA Fees

$101 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Levels: MultiSplit
  • Stories: 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range,Built-In Refrigerator,Compactor,Dishwasher,Disposal,Free Standing Electric Oven,Gas Plumbed,Ice Maker,Microwave,Self/Cont Clean Oven
  • Interior Amenities: Wet Bar
  • Other Equipment: Audio/Video Prewired,Central Vacuum,Dumb Waiter,Home Theater Equipment,Intercom,MultiPhone Lines,Networked
  • Fireplace Features: Family Room,Gas Log,Gas Piped,Master Bedroom
  • Fireplaces: 4
  • Flooring: Carpet,Stone,Tile,Wood
  • Master Bathroom Features: Bidet,Jetted Tub,Multiple Shower Heads,Stone,Window
  • Master Bedroom Features: Balcony,Walk-In Closet 2+
  • Bathroom Features: Double Sinks,Outside Access,Tile,Tub
  • Bathrooms: 5.00
  • Dining Room Features: Breakfast Nook,Dining Bar,Formal Area
  • Kitchen Features: Butlers Pantry,Granite Counter,Dumb Waiter,Pantry Closet
  • Room Type: Baths Other,Den,Home Theater,Master Bathroom,Master Bedroom,Wine Storage Area,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 260.00
  • Square Footage: 5000
  • Window Features: Dual Pane Full,Low E Glass Full

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Stone,Stucco,Wood
  • Property Faces: East
  • Disclosures/Documents: CC&Rs
  • Exterior Features: BBQ Built-In,Fireplace,Kitchen,Uncovered Courtyard
  • Fencing: Back Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 1289000.00
  • Lot Features: Auto Sprinkler F&R,Corner,Gated Community,Landscape Back,Landscape Front,Shape Regular,Street Lights
  • Patio And Porch Features: Covered Deck,Covered Patio
  • Pool Features: Built-In,Fenced,On Lot,Pool/Spa Combo,Sport,Heated
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Tile
  • View Description: Special

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached,Garage Door Opener,Garage Facing Side,Workshop in Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Fire Suppression System,Unguarded Gate,Panic Alarm,Smoke Detector
  • Sewer: In & Connected,Sewer Connected,Sewer in Street
  • Utilities: All Public,Cable Available,Dish Antenna,Internet Available
  • Cooling: Ceiling Fan(s),Central,MultiUnits,MultiZone
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central,MultiUnits,MultiZone,Natural Gas
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room,Sink
  • Water Source: Meter on Site,Meter Required,Private

Condo/Co-op/Association

  • Association Fee: 303
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: MaintenanceGrounds
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R
  • Irrigation: Irrigation Connected,Meter on Site,Meter Required,Public District
  • Lot Size Acres: 0.2820
  • Lot Size Sq Ft: 12284

Tax Info

  • Assessor Parcel Number: 072-2140-028-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Tadkapalli Madhav R and Tadkapalli Naveena R
Bought by
Tadkapalli Madhav Reddy
Current Estimated Value
$1,801,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2017
Sold by
Art Consulting Llc
Bought by
Tadkapalli Madhav R and Tadkapalli Naveena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 1, 2016
Sold by
Hedges John D and Hedges Chere D
Bought by
Art Consulting Llc
Seller's Agent
Lisa Strong
Lyon RE Folsom
Buyer's Agent
Ed Favinger
NextHome Haven Properties
List Price
$1,289,000
Sold Price
$1,300,000
Premium/Discount to List
$11,000
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$600,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jun 28, 2012
Sold by
Catuna David and Catuna Reghina
Bought by
Hedges John D and Hedges Chere D
Seller's Agent
Bob Burton
eXp Realty of California Auburn
Buyer's Agent
David Chappell
Connect Realty.com Inc.
List Price
$959,000
Sold Price
$895,000
Premium/Discount to List
-$64,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$716,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 23, 2004
Sold by
Elliott Homes Inc
Bought by
Catuna David and Catuna Reghina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,400
Interest Rate
5.62%
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
Tadkapalli Madhav Reddy -- Calatlantic Title
Tadkapalli Madhav R -- North American Title Company
Art Consulting Llc $1,300,000 Old Republic Title Company
Hedges John D $895,000 Old Republic Title Company
Catuna David $202,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tadkapalli Madhav Reddy $930,000
Closed Tadkapalli Madhav Reddy $945,000
Closed Tadkapalli Madhav R $700,000
Previous Owner Art Consulting Llc $600,000
Previous Owner Hedges John D $716,000
Previous Owner Catuna David $726,000
Previous Owner Catuna David $141,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $1,300,000 +0.9% $260 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,289,000 +44.0% $258 / Sq Ft
06/29/2012 06/29/12 Sold $895,000 -6.7% $179 / Sq Ft
05/20/2012 05/20/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $959,000 -- $192 / 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 $17,752 $1,479,175 $443,752 $1,035,423
2024 $17,752 $1,450,172 $435,051 $1,015,121
2023 $17,297 $1,421,738 $426,521 $995,217
2022 $17,086 $1,393,861 $418,158 $975,703
2021 $16,899 $1,366,531 $409,959 $956,572
2020 $16,759 $1,352,520 $405,756 $946,764
2019 $16,650 $1,326,000 $397,800 $928,200
2018 $16,286 $1,300,000 $390,000 $910,000
2017 $15,667 $1,300,000 $390,000 $910,000
2016 $13,302 $1,014,643 $185,681 $828,962
2015 $12,924 $999,403 $182,892 $816,511
2014 $12,371 $979,827 $179,310 $800,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16029345

MetroList

APN: 072-2140-028