NOT LISTED FOR SALE

700 Addison Ln Folsom, CA 95630

Estimated Value: $549,000 - $662,000

3 Beds
2.5 Baths
1,845 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $505,000 $274 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,950/month

22 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Central Heating
  • Natoma Station Elementary School Rated A

About This Home

As of October 2020

Fantastic Folsom home in a quiet Addison Place neighborhood. This move-in ready home features a bright and airy open floor plan, with 3 good sized bedrooms and 2.5 baths. The spacious eat-in kitchen includes Granite counters, timeless wood cabinets, SS appliances and slider access to the quaint and very private back patio, perfect for entertaining family & friends! The adjoining family room includes a cozy gas fireplace for relaxing on cool winter nights. Easy to maintain modern tile flooring in the entire main living area, with lush carpet in all bedrooms. Are you working from home? No Problem! This turn-key gem also features a built-in home office in the loft upstairs tucked away in a quiet area, perfect for Distance learning or a Remote office. This amazing home offers tons of storage, with large closets and upstairs laundry, complete with a newer Washer & Dryer included! Situated just minutes from Intel, Folsom trails and great shopping/dining. Welcome home to 700 Addison Lane!

Last Agent to Sell the Property

Ellie Ruiz Hitchcock

Allison James Estates & Homes License #01779679 Listed on: 09/17/2020

Allison James Estates & Homes

Last Buyer's Agent

Matt McGill

Real Broker License #01061567

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,149

Year Built

  • Built in 2015

Lot Details

  • 2,996 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R-M PD

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,845 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Energy-Efficient Insulation
  • Central Heating

Community Details

  • Association fees include ground maintenance
  • Addison Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071-1990-017-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,149

Year Built

Built in 2015

Lot Details

0

HOA Fees

$106 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 2015
  • Architectural Style: Contemporary
  • Stories: 2
  • Subdivision: Addison Place
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range,Dishwasher,Disposal,Free Standing Refrigerator,Gas Cook Top,Microwave,Tankless Water Heater
  • Fireplace Features: Family Room,Gas Log,Gas Piped
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Sunken Tub,Walk-In Closet
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Dining Bar,Dining/Family Combo,Space in Kitchen
  • Kitchen Features: Granite Counter,Kitchen/Family Combo,Pantry Closet
  • Room Type: Baths Other,Great Room,Master Bathroom,Office Area
  • Price Per Square Foot: 273.71
  • Square Footage: 1845
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Fencing: Back Yard
  • Foundation: Slab
  • Listing Price: 510000.00
  • Lot Features: Auto Sprinkler Front,Corner,Landscape Back,Landscape Front
  • Patio And Porch Features: Back Porch,Front Porch,Uncovered Patio
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener,Garage Facing Front
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Cable Available,Internet Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Gas Hook-Up,Upper Floor,Washer/Dryer Included
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Fee: 106
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceGrounds
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-M PD
  • Irrigation: Public District
  • Lot Size Acres: 0.0688
  • Lot Size Sq Ft: 2996

Green Features

  • Energy Efficient: Insulation

Tax Info

  • Assessor Parcel Number: 071-1990-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 28, 2020
Sold by
Shrestha Raj Krishna and Shrestha Maria
Bought by
Kulkarni Ameya Dileep and Kulkarni Renuka Vinayak
Seller's Agent
Ellie Ruiz Hitchcock
Allison James Estates & Homes
Buyer's Agent
Matt McGill
Real Broker
List Price
$510,000
Sold Price
$505,000
Premium/Discount to List
-$5,000
-0.98%
Current Estimated Value
$625,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,317
Avg. Annual Appreciation
4.49%
Original Mortgage
$479,750
Outstanding Balance
$427,882
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,435

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 3, 2018
Sold by
Fallis Kathleen
Bought by
Shrestha Raj Krishna and Shrestha Maria
Seller's Agent
William Scott
Fathom Realty Group, Inc.
Buyer's Agent
Nicole Lawrence
RE/MAX Gold
List Price
$439,900
Sold Price
$460,000
Premium/Discount to List
$20,100
4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$345,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Addison Place 38 Llc
Bought by
Fallis Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,476
Interest Rate
3.62%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kulkarni Ameya Dileep $505,000 Stewart Title Of Sacramento
Shrestha Raj Krishna $460,000 Fidelity National Title Comp
Fallis Kathleen $389,000 Stewart Sac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulkarni Ameya Dileep $479,750
Previous Owner Shrestha Raj Krishna $336,802
Previous Owner Shrestha Raj Krishna $345,000
Previous Owner Fallis Kathleen $354,476
Previous Owner Addison Place 38 Llc $1,500,000
Previous Owner Addison Place 38 Llc $1,691,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $505,000 -1.0% $274 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $510,000 0.0% $276 / Sq Ft
09/30/2020 09/30/20 For Sale $510,000 -1.9% $276 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $520,000 +13.0% $282 / Sq Ft
04/09/2018 04/09/18 Sold $460,000 +4.6% $249 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $439,900 -- $238 / 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 $6,149 $546,627 $184,013 $362,614
2024 $6,149 $535,909 $180,405 $355,504
2023 $6,015 $525,402 $176,868 $348,534
2022 $5,931 $515,100 $173,400 $341,700
2021 $5,856 $505,000 $170,000 $335,000
2020 $5,553 $478,584 $166,464 $312,120
2019 $5,466 $469,200 $163,200 $306,000
2018 $4,646 $404,715 $135,252 $269,463
2017 $4,344 $396,780 $132,600 $264,180
2016 $1,763 $135,215 $34,215 $101,000
2015 $532 $33,702 $33,702 $0
2014 $511 $33,042 $33,042 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20054936

MetroList

APN: 071-1990-017