NOT LISTED FOR SALE

748 Morningside Dr Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $778,000 - $848,339

3 Beds
3 Baths
2,654 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $360,000 $136 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,901/month

217 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • 3 Car Attached Garage
  • Empire Oaks Elementary School Rated A
  • Walk-In Pantry
  • Double Pane Windows

About This Home

As of April 2012

Amazing Empire Ranch home! Fantastic curb appeal with castle turret. 3 bedrooms and 3 full baths. Gourmet kitchen with granite counters and island. Separate family and living rooms. 3 car tandem garage with backyard garage through access. Awesome deck off of master bedroom with great view. Private backyard with room for a pool and concrete patio. Massive master bedroom walk-in closet! Directly across the street from Beautiful Oaks greenbelt!

Last Agent to Sell the Property

Robert Lewis

eXp Realty of California Inc. License #01406275 Listed on: 09/02/2011

eXp Realty of California Inc.

Last Buyer's Agent

Venu Acharya

Acharya Realty, Inc. License #01873033

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions: 5880.6
  • Back Yard Fenced
  • Landscaped
  • Sprinklers on Timer
  • Zoning described as R-1-M

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,654 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Laundry on upper level
  • Property Views

Kitchen

  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Secondary Bathroom Double Sinks
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 072-1930-014-0000

Community Details

Overview

  • Association fees include ground maintenance
  • Built by Tim Lewis
  • Empire Ranch Village Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$43 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Single Family Residence
  • Year Built: 2002
  • Architectural Style: Contemporary
  • Subdivision: Empire Ranch Village
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Tile, Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks, Shower Stall(s), Tub, Walk-In Closet
  • Total Bathrooms: 3
  • Bathroom Features: Double Sinks, Tile, Tub w/Shower Over
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter, Island, Pantry Closet
  • Room Type: Baths Other, Master Bathroom
  • Price Per Square Foot: 135.64
  • Square Footage: 2654.00
  • Window Features: Dual Pane Full

Exterior Features

  • Builder Name: Tim Lewis
  • Construction Materials: Frame, Stucco, Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 359900.00
  • Lot Features: Auto Sprinkler F&R, Landscape Front, Shape Regular, See Remarks
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • Spa: No
  • View Description: Special

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached, Tandem Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Upper Floor
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Grounds
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-1-M
  • Lot Size Acres: 0.1350
  • Lot Dimensions: 5,880.6
  • Lot Size Sq Ft: 5881.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 072-1930-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Sold by
Komati Rama and Veerapaneni Ambica
Bought by
Komati Rama and Veerapaneni Ambica
Current Estimated Value
$827,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$354,296
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,789

Purchase Details

Closed on
Feb 14, 2013
Sold by
Komati Roma
Bought by
Komati Roma and Veerapaneni Ambica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2011
Closed on
Apr 5, 2012
Sold by
Veerapaneni Ambica
Bought by
Komati Rama
Seller's Agent
Robert Lewis
eXp Realty of California Inc.
Buyer's Agent
Venu Acharya
Acharya Realty, Inc.
List Price
$419,900
Sold Price
$360,000
Premium/Discount to List
-$59,900
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$324,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2011
Closed on
Mar 21, 2012
Sold by
Thomas Sarah T and The Sarah Thomas Revocable Tru
Bought by
Komati Rama
Seller's Agent
Robert Lewis
eXp Realty of California Inc.
Buyer's Agent
Venu Acharya
Acharya Realty, Inc.
List Price
$419,900
Sold Price
$360,000
Premium/Discount to List
-$59,900
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Hansen Sarah T
Bought by
Thomas Sarah and Hansen Sarah T

Purchase Details

Closed on
Mar 10, 2006
Sold by
Hansen Sarah T
Bought by
Hansen Sarah T and Thomas Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 9, 2002
Sold by
Tim Lewis Construction Inc
Bought by
Hansen Mark E and Hansen Sarah Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,267
Interest Rate
6.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Komati Rama -- North American Title Co Inc
Komati Roma -- Chicago Title Company
Komati Rama -- First American Title Company
Komati Rama $360,000 First American Title Company
Thomas Sarah -- None Available
Hansen Sarah T -- Chicago Title Co
Hansen Sarah T -- Chicago Title Co
Hansen Mark E $419,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komati Rama $450,000
Closed Komati Roma $321,000
Closed Komati Rama $324,000
Previous Owner Hansen Sarah T $34,800
Previous Owner Hansen Sarah T $550,000
Previous Owner Hansen Mark E $271,267
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $360,000 -14.3% $136 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
09/02/2011 09/02/11 For Sale $419,900 -- $158 / 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 $6,305 $452,166 $156,999 $295,167
2024 $6,305 $443,301 $153,921 $289,380
2023 $6,093 $434,609 $150,903 $283,706
2022 $6,035 $426,089 $147,945 $278,144
2021 $5,985 $417,736 $145,045 $272,691
2020 $5,962 $413,453 $143,558 $269,895
2019 $5,987 $405,347 $140,744 $264,603
2018 $5,876 $397,400 $137,985 $259,415
2017 $5,581 $389,609 $135,280 $254,329
2016 $5,764 $381,971 $132,628 $249,343
2015 $5,621 $376,234 $130,636 $245,598
2014 $5,412 $368,866 $128,078 $240,788
Source: Public Records

Agents Affiliated with this Home

  • Robert Lewis

    Seller's Agent in 2012

    Robert Lewis

    eXp Realty of California Inc.

    (916) 838-8745

    63 Total Sales

    Robert Lewis
    Section Image
  • Venu Acharya

    Buyer's Agent in 2012

    Venu Acharya

    Acharya Realty, Inc.

    (916) 719-6527

    2 in this area

    40 Total Sales

    Venu Acharya
    Section Image
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Map

Source: MetroList

MLS Number: 11064266

MetroList

APN: 072-1930-014

California Sacramento County Folsom 95630 Empire Ranch Village

748 Morningside Dr, Folsom, CA

Not Listed for Sale

Detached

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