NOT LISTED FOR SALE

701 Wales Dr Folsom, CA 95630

Estimated Value: $573,000 - $659,000

4 Beds
3 Baths
1,703 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $462,500 $272 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,698/month

5 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Walk-In Closet
  • Theodore Judah Elementary School Rated A
  • Double Pane Windows
  • Bathtub with Shower

About This Home

As of October 2019

This turn-key Folsom home will truly impress! Mid-Century Modern vibes, beautiful vinyl hardwood floors, dual masters, 2 car attached garage with workbench, tool shed, crown molding, new dual pane windows and sliders, and modern updates throughout. The property features an attached guest suite with separate entrance and parking; perfect for overnight guests, a mother-in-law or income potential with short-term or long-term tenant. Current owner has been using as a successful vacation rental. Gated parking area has plenty of room for a boat and RV! Walk to Trader Joe's, Target, and local parks. Bike to Sutter Street, Old Town, the waterfront, and Folsom Lake!

Last Agent to Sell the Property

Stephanie Barden

GUIDE Real Estate License #02039915 Listed on: 09/19/2019

GUIDE Real Estate

Last Buyer's Agent

Jill Berni

Oak Tree Real Estate Services License #01043608

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 9,971 Sq Ft Lot
  • Front Yard Sprinklers
  • Zoning described as R-1-M

Parking

  • 2 Car Garage

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,703 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family or Dining Combination
  • Attic Fan
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Energy-Efficient Insulation
  • Shed
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 071-0153-004-0000

Home Details

Home Type

Single Family

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1980
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal,Gas Cook Top
  • Other Equipment: Attic Fan(s)
  • Flooring: Carpet,Vinyl,Wood
  • Master Bathroom Features: Shower Stall(s),Tile
  • Master Bedroom Features: Walk-In Closet
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Guest Quarters,Living Room,Master Bathroom,Master Bedroom,Master Bedrooms 2+
  • Price Per Square Foot: 271.58
  • Square Footage: 1703
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard,Wood
  • Foundation: Combination
  • Listing Price: 448000.00
  • Lot Features: Auto Sprinkler Front
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: In Garage,Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-1-M
  • Irrigation: None
  • Lot Size Acres: 0.2289
  • Lot Size Sq Ft: 9971

Green Features

  • Energy Efficient: Insulation

Tax Info

  • Assessor Parcel Number: 071-0153-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 10, 2019
Sold by
Souders Brian David and Souders Olivia Joy
Bought by
Ng David and Pi Ai
Seller's Agent
Stephanie Barden
GUIDE Real Estate
Buyer's Agent
Jill Berni
Oak Tree Real Estate Services
List Price
$448,000
Sold Price
$462,500
Premium/Discount to List
$14,500
3.24%
Current Estimated Value
$621,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,780
Avg. Annual Appreciation
4.84%
Original Mortgage
$346,800
Outstanding Balance
$303,189
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$318,091

Purchase Details

Closed on
Feb 25, 2017
Sold by
Souders Brian D and Souders Olivia J
Bought by
Souders Brian David and Souders Olivia Joy

Purchase Details

Closed on
Sep 19, 2016
Sold by
Souders Doyle and Souders Cynthia
Bought by
Souders Brian D and Souders Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 18, 2014
Sold by
Quantix Real Estate Group Llc
Bought by
Souders Brian David and Souders Olivia
Seller's Agent
Lucas Wiseman
Skyline Properties
Buyer's Agent
Jenica Williams
Keller Williams Realty EDH
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$284,905
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Islamic Society Of Folsom
Bought by
Quantix Real Estate Group Llc

Purchase Details

Closed on
Feb 11, 2003
Sold by
Siddique Mohamed Riaz and Siddique Vasiya Taj
Bought by
Islamic Society Of Folsom

Purchase Details

Closed on
Nov 10, 1995
Sold by
Islamic Society Of Folsom
Bought by
Siddique Mohamed Riaz and Siddique Vasiya Taj

Purchase Details

Closed on
Nov 2, 1994
Sold by
Calvary Assembly Of God
Bought by
Islamic Society Of Folsom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ng David $462,500 First American Title Company
Souders Brian David -- None Available
Souders Brian D -- Chicago Title Company
Souders Brian David $300,000 Orange Coast Title Company O
Quantix Real Estate Group Llc $175,000 First American Title Company
Islamic Society Of Folsom -- --
Siddique Mohamed Riaz $100,000 --
Islamic Society Of Folsom $120,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng David $346,800
Previous Owner Souders Brian D $292,000
Previous Owner Souders Brian David $284,905
Previous Owner Islamic Society Of Folsom $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2019 10/16/19 Sold $462,500 +3.2% $272 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $448,000 +49.4% $263 / Sq Ft
03/28/2014 03/28/14 Sold $299,900 0.0% $178 / Sq Ft View Prior Sale
02/25/2014 02/25/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $299,900 -- $178 / 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 $5,403 $505,806 $185,917 $319,889
2024 $5,403 $495,889 $182,272 $313,617
2023 $5,307 $486,167 $178,699 $307,468
2022 $5,230 $476,636 $175,196 $301,440
2021 $5,161 $467,291 $171,761 $295,530
2020 $5,097 $462,500 $170,000 $292,500
2019 $3,643 $329,562 $109,890 $219,672
2018 $3,553 $323,101 $107,736 $215,365
2017 $3,313 $316,767 $105,624 $211,143
2016 $3,462 $310,556 $103,553 $207,003
2015 $3,346 $305,892 $101,998 $203,894
2014 $1,861 $175,793 $85,385 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19066435

MetroList

APN: 071-0153-004