NOT LISTED FOR SALE

Estimated Value: $450,000 - $466,000

2 Beds
2 Baths
1,136 Sq Ft
$402/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $470,000 $414 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,236/month

3 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Russell Ranch Elementary School Rated A
  • Gated Community
  • Property is near a clubhouse

About This Home

As of April 2022

Picture perfect upgraded GROUND FLOOR condo in a great Folsom location! Meticulously cared for by the owner this light, bright, and clean unit enjoys a feeling of privacy with limited neighbors. You'll appreciate the desirable attached garage to welcome you home with direct access inside. Newer Cali Bamboo flooring throughout - a sustainable and durable flooring product with low VOC. Plantation shutters, granite counters, fireplace, high ceilings and large covered patio are just a few of this home's amenities. This gated community of Madrone at Empire Ranch enjoys recreational facilities, a resort like pool and spa, and is very well maintained. Make this an affordable place to call home and enjoy all of the amenities Folsom has to offer!

Last Agent to Sell the Property

Nehal Shah

Real Estate Source Inc License #02081672 Listed on: 03/15/2022

Real Estate Source Inc

Last Buyer's Agent

Nicole Alexander

Prime Real Estate License #01355539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,716

Year Built

  • Built in 2007

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family or Dining Combination
  • Bamboo Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • 220 Volts
  • Property is located within a water district

Additional Features

  • Private Pool
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 072-2830-005-0022

Community Details

Overview

  • Association fees include ground maintenance, trash
  • Madrone Association
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,716

Year Built

Built in 2007

Lot Details

0

HOA Fees

$272 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 2007
  • Levels: One
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Flooring: Bamboo
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter,Kitchen/Family Combo
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Dining Room,Family Room,Master Bedroom,Full Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 413.73
  • Square Footage: 1136.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 442500.00
  • Lot Features: Close to Clubhouse, Gated Community
  • Pool Features: Common Facility
  • Pool: Yes
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Attached, Covered, Garage Door Opener

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Central
  • Electric: 3 Phase, 220 Volts
  • Heating: Central
  • Laundry Features: Electric
  • Water Source: Water District

Condo/Co-op/Association

  • Association Features: Pool, Clubhouse, Recreation Facilities, Exercise Room, Spa/Hot Tub
  • Association Fee: 272
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceGrounds, Trash
  • Association Name: Madrone
  • Association: Yes
  • Pets Allowed: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RES
  • Irrigation: Public District

Tax Info

  • Assessor Parcel Number: 072-2830-005-0022
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 5, 2022
Sold by
Kathirasetty and Divya
Bought by
Jeanette M Parry Living Trust
Seller's Agent
Nehal Shah
Real Estate Source Inc
Buyer's Agent
Nicole Alexander
Prime Real Estate
List Price
$442,500
Sold Price
$470,000
Premium/Discount to List
$27,500
6.21%
Current Estimated Value
$456,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,345
Avg. Annual Appreciation
-0.85%
Original Mortgage
$220,000
Outstanding Balance
$207,160
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$249,495

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 5, 2019
Sold by
Boswell James Jack and Boswell Patricia Lee
Bought by
Kathirasetty Aswin and Tangella Divya
Seller's Agent
Angela Dameri
BERKSHIRE HATHAWAY Home Services NorCal Real Estate
Buyer's Agent
Venu Acharya
Acharya Realty, Inc.
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
May 18, 2019
Sold by
Ketscher Nina Marie
Bought by
Boswel James Jack Boswell and Boswel Patricia Lee

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 18, 2015
Sold by
Boswell James Jack and Boswell Patrciai Lee
Bought by
Boswell James Jack and Boswel Patricia Lee
Seller's Agent
Cindy Bottenhagen
Lyon RE Folsom
Buyer's Agent
Angela Dameri
BERKSHIRE HATHAWAY Home Services NorCal Real Estate
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Listed on
May 6, 2015
Closed on
May 21, 2015
Sold by
Ballow Tanya L and Ballow Tanya L
Bought by
Boswell Jack James and Boswell Patricia Lee
Seller's Agent
Cindy Bottenhagen
Lyon RE Folsom
Buyer's Agent
Angela Dameri
BERKSHIRE HATHAWAY Home Services NorCal Real Estate
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 9, 2007
Sold by
Madrone Attached Homes Lp
Bought by
Ballow Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,320
Interest Rate
6.35%
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
Jeanette M Parry Living Trust $470,000 Placer Title
Kathirasetty Aswin $325,000 Fidelity National Title Co
Boswel James Jack Boswell -- None Available
Boswell James Jack -- None Available
Boswell Jack James $245,000 Chicago Title Company
Ballow Tanya L $288,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeanette M Parry Living Trust $220,000
Closed Jeanette M Parry Living Trust $220,000
Previous Owner Capitol Regency Llc $75,000,000
Previous Owner Ballow Tanya L $230,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $470,000 +6.2% $414 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $442,500 +36.2% $390 / Sq Ft
08/09/2019 08/09/19 Sold $325,000 -5.8% $286 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $345,000 +40.8% $304 / Sq Ft
05/26/2015 05/26/15 Sold $245,000 +4.3% $216 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $235,000 -- $207 / 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 $5,716 $498,767 $132,651 $366,116
2024 $5,716 $488,988 $130,050 $358,938
2023 $5,588 $479,400 $127,500 $351,900
2022 $4,032 $334,933 $144,279 $190,654
2021 $3,987 $328,366 $141,450 $186,916
2020 $3,951 $325,000 $140,000 $185,000
2019 $3,313 $263,958 $64,642 $199,316
2018 $3,241 $258,783 $63,375 $195,408
2017 $3,049 $253,710 $62,133 $191,577
2016 $3,090 $248,736 $60,915 $187,821
2015 $2,999 $314,644 $142,076 $172,568
2014 $3,588 $308,481 $139,293 $169,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222030466

MetroList

APN: 072-2830-005-0022