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471 Serpa Way

471 Serpa Way, Folsom, CA 95630
Property in Broadstone
Sold Nov 20, 2020
$1,300,000
$1,031,200 by American Pacific Mortgage Corp
Mortgage Due Dec 01, 2050
Sold Aug 06, 2007
$280,000
$252,000 by Indymac Bank Fsb
Mortgage Due Aug 01, 2009
471 Serpa Way has been categorized by the local assessors in Folsom, CA as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 471 Serpa Way has 4,062 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,638 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 613 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 471 Serpa Way was last sold in Nov 17, 2020 for $1,300,000. According to our calculations, that's $320.04 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Aug 2, 2007. Current property owners are expected to pay $15,004 in taxes per year. The property on 471 Serpa Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,352,519. To break that down further, the land itself was valued at $486,907. While improvements to the property were assessed at a total of $865,612. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 613
  • Parking Space Count: 3
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,638
  • Total Building Area: 4,062
  • Gross Building Area: 4,062
  • Building Area: 4,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROADSTONE UNIT NO.3, VILLAGE 2-B
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROADSTONE UNIT NO.3, VILLAGE 2-B, LOT 124

Ownership

  • Current Owner : ZAKARIA BASHAR A
  • Current Owner 2: ZAKARIA ALIA A
  • Previous Owner : MEZENTSEVA IRINA
  • Owner Before Previous Owner: ELLIOTT HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Folsom-Cordova Unified School District
  • Census Tract: 008513

Zoning

  • Zoning: SP-R-1-ML

Geography

  • Parcel: 072-2740-027-0000
  • Lot: 124
  • Municipality: FOLSOM, CITY OF
  • Latitude: 38.653
  • Longitude: -121.112

    Address

  • Full Address: 471 Serpa Way
  • Address - House Number: 471
  • Address - Street Name: Serpa
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Folsom
  • Carrier Code: R043
  • 4-Digit Zip Code: 6316
  • Zip Code: 95630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,004
  • Tax Rate Code Area: 04-021

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,210,483
  • High Value: 1,411,755
  • Low Value: 1,009,210

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,191,200
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $1,031,200
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: GOLDEN 1 CU
  • Second Open Lien Mortgage Recording Date: May 10, 2023
  • Second Open Lien Mortgage Loan Amount: $160,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,352,519
  • Assessed Land Value: $486,907
  • Assessed Improvements Value: $865,612

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11802232700
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 06, 2007
  • Previous Sale Contract Date: Aug 02, 2007
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $1,031,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Aug 06, 2007
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Aug 01, 2009

About Broadstone



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Frequently Asked Questions

What neighborhood is 471 Serpa Way located in?
The 471 Serpa Way is a located in the neighborhood of Broadstone in Broadstone, Folsom.
What is the average sales price for listings in 471 Serpa Way?
The average sales price for units in 471 Serpa Way is $0 currently.

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