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1005 Smith Way

1005 Smith Way, Folsom, CA 95630
Property in The Parkway
Sold Jun 16, 2020
$695,000
$546,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2051
Sold Jul 22, 2008
$510,000
$408,000 by Countrywide Bank Fsb
Mortgage Due Aug 01, 2038
1005 Smith Way in Folsom, CA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1005 Smith Way has 2,689 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,282 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. For those who need parking, there is a garage. The garage is 477 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 10, 2020 for $695,000. That's $258.46 per sqft. Prior to that sales transaction, the property was also sold in Jul 8, 2008 for $510,000. 1005 Smith Way was last assessed in 2023. The total value of the property was assessed at $730,567. Specifically, the land the property is located on was valued at $204,979. While improvements on the property were assessed at a total of $525,588. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,950. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 477
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,282
  • Total Building Area: 2,689
  • Gross Building Area: 2,689
  • Building Area: 2,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,689
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKWAY G2
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKWAY G2, LOT 54

Ownership

  • Current Owner : RENON NICOLAS P
  • Current Owner 2: ALEJO ALICIA
  • Previous Owner : TRIKI NAIM
  • Previous Owner 2: GONZALES TRIKI ELVIA
  • Owner Before Previous Owner: VILLALBA DAVID
  • Owner Before Previous Owner 2: VILLALBA MARIE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Folsom-Cordova Unified School District
  • Census Tract: 008509

Zoning

  • Zoning: SP-R-1/R-2

Geography

  • Parcel: 071-1740-022-0000
  • Lot: 54
  • Municipality: FOLSOM, CITY OF
  • Latitude: 38.6768
  • Longitude: -121.112

    Address

  • Full Address: 1005 Smith Way
  • Address - House Number: 1005
  • Address - Street Name: Smith
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Folsom
  • Carrier Code: R039
  • 4-Digit Zip Code: 7338
  • Zip Code: 95630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,950
  • Tax Rate Code Area: 04-021

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 900,725
  • High Value: 1,049,383
  • Low Value: 752,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $546,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $546,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,567
  • Assessed Land Value: $204,979
  • Assessed Improvements Value: $525,588

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11768647947
  • Current Sale Price: $695,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jul 22, 2008
  • Previous Sale Contract Date: Jul 08, 2008
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $556,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Jul 22, 2008
  • Previous Mortgage Loan Amount: $408,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About The Parkway



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Frequently Asked Questions

What neighborhood is 1005 Smith Way located in?
The 1005 Smith Way is a located in the neighborhood of The Parkway in The Parkway, Folsom.
What is the average sales price for listings in 1005 Smith Way?
The average sales price for units in 1005 Smith Way is $0 currently.

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