tomo logo

$699,000

Beds
4
Baths
2.5
sq ft
2,025

1331 Fong St, Folsom, CA 95630

1331 Fong St

Folsom, CA 95630

  • 24 days on market
    • Price drop $26,000↓
New amazing price!! Welcome to The Preserve at Lake Natoma Shores, Folsom’s hidden gem with no HOA or Mello Roos! Nestled near the Folsom Historic District, this charming neighborhood is just steps from downtown shops, restaurants, and scenic trails, with Lake Natoma nearby for watersports and outdoor fun. This 4-bedroom, 2.5-bath home features a welcoming front porch with a ceiling fan, formal living and dining rooms, and a cathedral ceiling. The updated kitchen boasts a gas range, pantry, and island with breakfast bar, flowing into the cozy family room with a fireplace and large windows overlooking the private backyard and patio. The owner’s suite offers a walk-in closet, double vanities, and a luxury shower with dual heads. Additional highlights include plank flooring, carpeted bedrooms, a whole-house fan, updated bathrooms, an inside laundry room, and a storage shed. Homes in this sought-after neighborhood are rare—don’t miss out!

Details

Property type

Single Family Residence

Est. home value

$737,390

Lot size

6,212 sq ft

Price per sq ft

$346

Year built

1994

HOA

No

Price History

10/25/2024
BridgeMLS

BridgeMLS #41076131

Price change
$699,000
-3.59%
10/11/2024
BridgeMLS

BridgeMLS #41076131

Listed
$725,000
-1.23%
09/30/2024
BridgeMLS

BridgeMLS #41067088

Removed
$734,000

Schools & Community

Neighborhood: 

Historic Folsom

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$427,977
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$215,103
Cash to seller
$427,977

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

November 2016

Original loan amount

$260,000

Est. remaining balance

$215,103

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Juliane Gadd

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/04/2024 at 8:20 PM

Listing updated: 10/31/2024 at 1:30 AM

Listed by: Liz Wilson, Preferred Real Estate Phone #: (925) 330-0886

MLS: BridgeMLS #41076131

BridgeMLS logo

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