NOT LISTED FOR SALE

701 Ferrier Way Folsom, CA 95630

Estimated Value: $672,779 - $687,000

4 Beds
3 Baths
1,998 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $499,000 $250 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,341/month

8 Days on Market

Highlights

  • Spa
  • Sitting Area In Primary Bedroom
  • Patio
  • Natoma Station Elementary School Rated A

About This Home

As of March 2020

Have you been waiting for a home in Folsom that is large enough for your growing family but priced below $500K? This 2 story charmer in The Enclave has a coveted over-sized downstairs bedroom that could be a den, library, office or extra bedroom for someone who cannot take stairs. The open floor plan has plenty of storage making it perfect for a multi-generational family. Enjoy the small details like crown molding, updated fixtures and spacious rooms throughout the home. The attached garage and long driveway has room for up to 6 cars. Investors are ok here too. This affordable home has the details you've been looking for at a price you can afford. Spa is included! Plus shopping, trails and transportation are all close by. Enjoy the Folsom lifestyle with this home.

Last Agent to Sell the Property

Sheryl Smith

Smith Real Estate Services Inc License #01381095 Listed on: 02/24/2020

Last Buyer's Agent

Sangeeta Singh

Statewide Realty & Mortgage License #01848817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 2004

Lot Details

  • 3,598 Sq Ft Lot
  • Zoning described as R-1-M

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Patio

Community Details

  • Association fees include ground maintenance
  • The Management Trust, The Enclave Owners Assn Association, Phone Number (916) 985-3633
  • The Enclave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071-1800-046-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,139

Year Built

Built in 2004

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2004
  • Stories: 2
  • Subdivision: The Enclave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range,Gas Water Heater,Microwave
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Sunken Tub,Walk-In Closet,Window
  • Master Bedroom Features: Sitting Area
  • Bathroom Features: Tile,Tub w/Shower Over,Window
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Dining/Living Combo,Formal Area
  • Kitchen Features: Tile Counter,Pantry Closet
  • Room Type: Baths Other,Dining Room,Great Room,Living Room,Master Bathroom,Master Bedroom,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 249.75
  • Square Footage: 1998
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard,Wood
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 489000.00
  • Lot Features: Auto Sprinkler F&R,Corner,Landscape Front,Low Maintenance,Street Lights,Zero Lot Line
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Roof: Tile
  • Spa Features: Spa/Hot Tub Personal
  • Spa: Yes

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Security System Owned,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Dish Antenna,Internet Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central,MultiZone
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central,MultiZone,Natural Gas
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceGrounds
  • Association Name: The Management Trust, The Enclave Owners Assn
  • Association Phone: (916) 985-3633
  • Association: Yes

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-1-M
  • Irrigation: Public District
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3598

Green Features

  • Energy Efficient: Insulation,Thermostat

Multi Family

  • Number of Units: 120

Tax Info

  • Assessor Parcel Number: 071-1800-046-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Donga Parth Rameshbhai and Asodariya Anvi
Bought by
Donga Parth Rameshbhai and Asodariya Anvi
Current Estimated Value
$680,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$465,254
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,101

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 25, 2020
Sold by
Borgaard Greta L and Borgaard Michael D
Bought by
Asodariya Anvi and Donga Parth
Seller's Agent
Sheryl Smith
Smith Real Estate Services Inc
Buyer's Agent
Sangeeta Singh
Statewide Realty & Mortgage
List Price
$489,000
Sold Price
$499,000
Premium/Discount to List
$10,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Lott Stuart C and Lott Vana D
Bought by
Borgaard Michael D and Borgaard Greta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Ryland Homes Of California Inc
Bought by
Lott Stuart C and Lott Vana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.62%
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
Donga Parth Rameshbhai -- Placer Title Company
Donga Parth Rameshbhai -- Placer Title Company
Asodariya Anvi $499,000 Fidelity National Title
Borgaard Michael D $449,500 Fidelity National Title Co
Lott Stuart C $441,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donga Parth Rameshbhai $508,000
Closed Donga Parth Rameshbhai $508,000
Closed Donga Parth $444,176
Previous Owner Borgaard Michael D $330,000
Previous Owner Borgaard Michael D $359,600
Previous Owner Lott Stuart C $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $499,000 +2.0% $250 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $489,000 -- $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
2025 $6,139 $545,725 $185,917 $359,808
2024 $6,139 $535,025 $182,272 $352,753
2023 $6,006 $524,536 $178,699 $345,837
2022 $5,922 $514,252 $175,196 $339,056
2021 $5,847 $504,169 $171,761 $332,408
2020 $5,778 $499,000 $170,000 $329,000
2019 $6,247 $539,862 $252,216 $287,646
2018 $6,093 $529,277 $247,271 $282,006
2017 $5,694 $518,900 $242,423 $276,477
2016 $5,533 $473,438 $221,183 $252,255
2015 $5,095 $442,467 $206,714 $235,753
2014 $4,845 $433,791 $202,661 $231,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20009999

MetroList

APN: 071-1800-046