NOT LISTED FOR SALE

787 Heritage Place Folsom, CA 95630

Empire Ranch Village Neighborhood

Estimated Value: $480,643 - $574,000

0.57 Acre
$935,642 Price per Acre
24,799 Sq Ft Lot

Last Sold October 02, 2024

Last sale price $485,000

Est. 10% increase in value since last sale

Current estimated payment $3,206/month

33 Days on Market

Highlights

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

About This Lot

As of October 2024

One of the last lots available in the exclusive gated Hilcrest subdivision in Folsom. With over a half acre, there is ample room to build the home of your dreams, Nestled at the back of the community, this lot gives you the privacy you want while being minutes from all the amenities Folsom has to offer.

Last Agent to Sell the Property

Barbara Jones

Century 21 Select Real Estate License #01308936 Listed on: 08/01/2024

Century 21 Select Real Estate

Co-Listed By

Carolynne Jemes

Century 21 Select Real Estate License #01317344

Last Buyer's Agent

Kimberly Shepherd

Summit Realty License #02037338

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Few Trees
  • Finished Lot(s)
  • Possible uses of the property include Residential
  • Property is zoned SP92-3

HOA Fees

  • $110 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 072-2180-001-0000

Community Details

Overview

  • Mandatory home owners association

Recreation

  • Community Playground
  • Park

Additional Features

  • Net Lease
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$110 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 500000.00
  • Lot Features: Security Gate, Sidewalk(s), Gutter(s)
  • New Construction: No
  • Pool: No
  • Road Frontage: None
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Lot Grade Varies,Lot Grade Varies
  • Additional Living Units: No
  • Soil: Unknown

Utilities

  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Water Connected, Natural Gas Connected
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other
  • Association: Yes
  • Community Features: Park, Playground, Security Gate
  • 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: SP92-3
  • Crops: None
  • Current Use: Residential
  • Development Status: Finished Lot(s), See Remarks
  • Zoning Description: Residential
  • Irrigation: Public District
  • Lot Size Acres: 0.5693
  • Lot Size Sq Ft: 24799.00
  • Possible Use: Residential
  • Perc Test/Septic Design: Other
  • 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: 072-2180-001-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 26, 2024
Sold by
Gopalan Rajeev and Gopalan Rajeev Smrithi
Bought by
Ceron Victor M and Ceron Hourvash Dina
Seller's Agent
Barbara Jones
Century 21 Select Real Estate
Buyer's Agent
Kimberly Shepherd
Summit Realty
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
16
Current Estimated Value
$532,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,661
Avg. Annual Appreciation
7.48%
Original Mortgage
$363,750
Outstanding Balance
$360,280
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$172,381

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 21, 2022
Sold by
Georgieva Staninski and Georgieva Teodora
Bought by
Gopalan Rajeev and Gopalan Rajeev Smrithi
Seller's Agent
Geri Mudrova
Estate Air Properties, Inc
Buyer's Agent
Barbara Jones
Century 21 Select Real Estate
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$279,200
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2021
Sold by
Koraf Corporation Inc
Bought by
Staninski Ivailo and Stoykova Teodora Georgieva

Purchase Details

Closed on
Jun 17, 2004
Sold by
Elliott Homes Inc
Bought by
Koraf Corp
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
Ceron Victor M $485,000 Placer Title
Gopalan Rajeev $349,000 Orange Coast Title
Staninski Ivailo $302,500 Fidelity National Title Co
Koraf Corp $185,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceron Victor M $363,750
Previous Owner Gopalan Rajeev $279,200
Closed Staninski Ivailo $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $485,000 -3.0% --
09/03/2024 09/03/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $500,000 +43.3% --
01/27/2022 01/27/22 Sold $349,000 0.0% -- View Prior Sale
12/31/2021 12/31/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $349,000 -- --
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 $3,956 $485,000 $485,000 --
2024 $3,956 $363,099 $363,099 --
2023 $3,886 $355,980 $355,980 $0
2022 $3,386 $308,550 $308,550 $0
2021 $2,684 $242,993 $242,993 $0
2020 $2,650 $240,502 $240,502 $0
2019 $4,676 $235,787 $235,787 $0
2018 $4,611 $231,164 $231,164 $0
2017 $4,440 $226,632 $226,632 $0
2016 $3,296 $110,000 $110,000 $0
2015 $3,273 $110,000 $110,000 $0
2014 $3,235 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Jones

    Seller's Agent in 2024

    Barbara Jones

    Century 21 Select Real Estate

    (916) 985-5522

    2 in this area

    12 Total Sales

    Barbara Jones
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Carolynne Jemes

    Century 21 Select Real Estate

    Section Image
  • Kimberly Shepherd

    Buyer's Agent in 2024

    Kimberly Shepherd

    Summit Realty

    (209) 345-1716

    2 in this area

    78 Total Sales

    Kimberly Shepherd
    Section Image
  • Anthony Shepherd

    Buyer Co-Listing Agent in 2024

    Anthony Shepherd

    Summit Realty

    (916) 410-4455

    2 in this area

    76 Total Sales

    Anthony Shepherd
    Section Image
  • Geri Mudrova

    Seller's Agent in 2022

    Geri Mudrova

    Estate Air Properties, Inc

    (916) 990-8731

    1 in this area

    26 Total Sales

    Geri Mudrova
    Section Image
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Map

Source: MetroList

MLS Number: 224084769

MetroList

APN: 072-2180-001

California Sacramento County Folsom 95630 Empire Ranch Village

787 Heritage Place, Folsom, CA

Not Listed for Sale

Lots

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