NOT LISTED FOR SALE

764 Heritage Place Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $492,000 - $567,000

0.57 Acres
$934,028 Price per Acre
24,733 Sq Ft Lot

Last Sold November 12, 2024

Last sale price $520,000

Est. 2% increase in value since last sale

Current estimated payment $3,188/month

11 Days on Market

Highlights

  • Gated Community
  • 0.57 Acre Lot
  • Park
  • Russell Ranch Elementary School Rated A
  • Tennis Courts
  • Security Gate

About This Lot

As of November 2024

Build your dream custom home on this fabulous lot which is located in the exclusive gated community of Hillcrest. This 0.567 acre lot offer a private setting with green belt on the back and the right side of the property. Beautiful local views are also captured from this property. This neighborhood offers tennis court, a park and is in close proximity Folsom Lake College, award winning schools, Folsom Lake, golf course, hospitals and stores and restaurants. This is a premium lot that must take a look at.

Last Agent to Sell the Property

Manny Cazares

eXp Realty of California, Inc. License #00969767 Listed on: 10/04/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Shankar Pathi

Real Estate Source Inc License #02069715

Real Estate Source Inc

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Grass Covered Lot
  • Finished Lot(s)
  • Possible uses of the property include Single Family
  • Zoning described as Residential,Single-Family

HOA Fees

  • $110 Monthly HOA Fees

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 072-2180-015-0000

Community Details

Overview

  • Association fees include management, security
  • Hillcrest Homeowners Association
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Additional Features

  • Net Lease
  • Gated Community

Property Details

Property Type

Land

Lot Details

0.57 Acres

HOA Fees

$110 per month

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 525000.00
  • Lot Features: Curb(s), Security Gate, Shape Regular, Greenbelt, Gutter(s), Paved
  • New Construction: No
  • Pool: No
  • Road Frontage: Private Road
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Gently Sloped,Lot Grade Varies,Gently Sloped,Lot Grade Varies
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Underground Utilities, Internet Available, Water Available, Natural Gas Available, Phone Available
  • Water Source: Public, Meter on Site, Meter Paid

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Security
  • Association Name: Hillcrest Homeowners association
  • Association: Yes
  • Community Features: Park, Playground, Security Gate, Tennis
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: RES
  • Crops: None
  • Current Use: Residential, Single Family
  • Development Status: Final Map Approved, Finished Lot(s), Improvements Complete
  • Zoning Description: Residential,Single-Family
  • Irrigation: Public District
  • Lot Size Acres: 0.5678
  • Lot Size Sq Ft: 24733.00
  • Possible Use: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 072-2180-015-0000
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 4, 2024
Sold by
Sikaria Family 2008 Revocable Trust and Sikaria Lokesh
Bought by
Kumar Kasam Ravi
Seller's Agent
Manny Cazares
eXp Realty of California, Inc.
Buyer's Agent
Shankar Pathi
Real Estate Source Inc
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
5
Current Estimated Value
$530,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,341
Avg. Annual Appreciation
1.46%
Original Mortgage
$364,000
Outstanding Balance
$361,155
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$169,186

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 21, 2018
Sold by
Elayer David T and Elayer Michelle Minnick
Bought by
Sikaria Lokesh and Sikaria Chanda
Seller's Agent
Daniel Wakabayashi
Windermere Signature Properties Downtown
Buyer's Agent
Manny Cazares
eXp Realty of California, Inc.
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Sep 11, 2003
Sold by
Elliott Homes Inc
Bought by
Elayer David T and Elayer Michelle Minnick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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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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
Kumar Kasam Ravi $520,000 Fidelity National Title Compan
Kumar Kasam Ravi -- Fidelity National Title Compan
Kumar Kasam Ravi -- Fidelity National Title Compan
Sikaria Lokesh $290,000 Placer Title Company
Elayer David T $170,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Kasam Ravi $364,000
Closed Kumar Kasam Ravi $0
Previous Owner Elayer David T $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2024 11/12/24 Sold $520,000 -1.0% --
10/15/2024 10/15/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $525,000 +81.0% --
09/27/2018 09/27/18 Sold $290,000 -3.3% -- View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $300,000 -- --
Source: MetroList

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 $3,456 $520,000 $520,000 --
2024 $3,456 $317,155 $317,155 --
2023 $3,395 $310,937 $310,937 $0
2022 $3,345 $304,841 $304,841 $0
2021 $3,301 $298,864 $298,864 $0
2020 $3,260 $295,800 $295,800 $0
2019 $5,275 $290,000 $290,000 $0
2018 $4,405 $212,422 $212,422 $0
2017 $4,248 $208,257 $208,257 $0
2016 $4,346 $204,174 $204,174 $0
2015 $4,269 $201,108 $201,108 $0
2014 $4,158 $197,169 $197,169 $0
Source: Public Records

Agents Affiliated with this Home

  • Manny Cazares

    Seller's Agent in 2024

    Manny Cazares

    eXp Realty of California, Inc.

    (916) 804-1400

    9 in this area

    89 Total Sales

    Manny Cazares
    Section Image
  • Shankar Pathi

    Buyer's Agent in 2024

    Shankar Pathi

    Real Estate Source Inc

    (916) 390-2169

    2 in this area

    58 Total Sales

    Shankar Pathi
    Section Image

  • D

    Seller's Agent in 2018

    Daniel Wakabayashi

    Lyon Real Estate

    (916) 425-9738

    170 Total Sales

    Daniel Wakabayashi
    Section Image
  • Terri Wakabayashi

    Seller Co-Listing Agent in 2018

    Terri Wakabayashi

    Lyon Real Estate

    (916) 835-5702

    155 Total Sales

    Terri Wakabayashi
    Section Image
  • Dawn Baltar

    Buyer Co-Listing Agent in 2018

    Dawn Baltar

    eXp Realty of California, Inc.

    (916) 879-0428

    8 in this area

    169 Total Sales

    Dawn Baltar
    Section Image
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Map

Source: MetroList

MLS Number: 224111798

MetroList

APN: 072-2180-015

California Sacramento County Folsom 95630 Empire Ranch Village

764 Heritage Place, Folsom, CA

Not Listed for Sale

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