116 Pheasant Lane, Folsom, CA 95630, Folsom, 95630 - 2 bed, 2 bath

116 Pheasant Lane, Folsom, CA 95630 home-pic-0
ACTIVE$550,900
116 Pheasant Lane, Folsom, CA 95630
2Beds
2Baths
1,804Sqft
3,311Lot

Price Vs. Estimate

The estimated value ($570,182.655) is $19,282.655 (3%) higher than the list price ($550,900). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
Top Cons:
High HOA Fees: The monthly association fee of $465 is substantial and adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$550.9K vs avg $735.0K ($-184,100)19%
Size:1,804 sqft vs avg 2,126.5 sqft29%
Price/sqft:$305 vs avg $36423%

More Insights

Built in 1989 (36 years old).
Condition: Built in 1989, this property is 35 years old, but it has undergone significant updates, particularly in the kitchen, which features modern white cabinetry, quartz countertops, stainless steel JennAir appliances, and a custom tile backsplash. The main living areas boast gorgeous wood flooring and updated light fixtures, contributing to a move-in ready condition. While the bathrooms are clean and functional with features like dual sinks and a jetted tub, their style appears well-maintained rather than newly renovated. The overall condition, especially the updated kitchen and flooring, aligns with a property extensively renovated within the last 5-15 years, making it 'Good' despite the age of the original structure and potential for older major systems.
Year Built
1989
Close
-
List price
$551K
Original List price
-
Price/Sqft
$305
HOA
$465
Days on market
-
Sold On
-
MLS number
225138886
Home ConditionGood
Features
Patio
View-

About this home

Immaculate and Inviting! This beautifully maintained 2-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and convenience across 1,804 sq ft. A private gated courtyard welcomes you into the home, providing a charming and secure entry. Inside, the open great room seamlessly combines the living, dining, and kitchen areas, creating an ideal space for everyday living and entertaining. Gorgeous wood flooring, vaulted ceilings, and abundant natural light enhance the home's spacious feel. The inviting living area features a cozy gas-start fireplace that serves as a beautiful focal point. The kitchen is a chef's delight with white cabinetry, quartz countertops, stainless steel appliances including a JennAir cooktop, custom tile backsplash, and roll-out shelves for easy organization. The primary suite offers mirrored closet doors, direct backyard access, and an en-suite bath with dual sinks, a jetted tub, and a separate shower. The guest bedroom is perfect for visitors, a home office, or hobby space. Both bathrooms feature solar tubes for added natural light. Enjoy a low-maintenance backyard ideal for relaxing or entertaining, along with beautifully maintained community grounds featuring two sparkling pools and inviting outdoor spaces.

Nearby schools

4/10
Ottomon Way Elementary School
Public,K-51.1mi
6/10
Twin Lakes Elementary School
Public,K-61.3mi
7/10
Carl H. Sundahl Elementary School
Public,K-61.5mi
10/10
Oakhills Elementary School
Public,PK-33.4mi
9/10
Ridgeview Elementary School
Public,4-63.4mi
7/10
Harry Dewey Fundamental Elementary School
Public,K-66.2mi
7/10
Sutter Middle School
Public,6-81.1mi
6/10
Louis Pasteur Fundamental Middle School
Public,6-81.9mi
5/10
Andrew Carnegie Middle School
Public,6-82.5mi
10/10
Willma Cavitt Junior High School
Public,7-84.0mi
5/10
Casa Roble Fundamental High School
Public,9-121.7mi
9/10
Folsom High School
Public,9-123.0mi
8/10
Bella Vista High School
Public,9-123.5mi
10/10
Granite Bay High School
Public,9-123.7mi

Price History

Date
Event
Price
12/30/11
Sold
$194,000
Condition Rating
Good

Built in 1989, this property is 35 years old, but it has undergone significant updates, particularly in the kitchen, which features modern white cabinetry, quartz countertops, stainless steel JennAir appliances, and a custom tile backsplash. The main living areas boast gorgeous wood flooring and updated light fixtures, contributing to a move-in ready condition. While the bathrooms are clean and functional with features like dual sinks and a jetted tub, their style appears well-maintained rather than newly renovated. The overall condition, especially the updated kitchen and flooring, aligns with a property extensively renovated within the last 5-15 years, making it 'Good' despite the age of the original structure and potential for older major systems.
Pros & Cons

Pros

Great Schools: Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
Updated Kitchen: The kitchen features modern upgrades including white cabinetry, quartz countertops, stainless steel JennAir appliances, custom tile backsplash, and roll-out shelves, making it a highly functional and attractive space.
Community Amenities: Access to beautifully maintained community grounds with two sparkling pools and inviting outdoor spaces enhances lifestyle and recreational opportunities.
Aesthetic & Well-Maintained Interior: The home is described as 'immaculate and inviting' with gorgeous wood flooring, vaulted ceilings, abundant natural light, and a cozy gas-start fireplace, contributing to a move-in ready appeal.
Luxurious Primary Suite: The primary suite offers desirable features such as mirrored closet doors, direct backyard access, and an en-suite bath with dual sinks, a jetted tub, and a separate shower.
Recent Price Reduction: A recent price adjustment from $579,900 to $550,900 indicates increased value and potential for buyers.

Cons

High HOA Fees: The monthly association fee of $465 is substantial and adds a significant recurring cost to homeownership.
Property Age & Potential System Updates: Built in 1989, the 35-year-old property may have original major systems (e.g., HVAC, roof, water heater) that could require future replacement or significant maintenance, not explicitly mentioned as updated.
Small Lot Size: With a lot size of 3,311 sq ft, the property offers limited private outdoor space, which may not appeal to buyers seeking a larger yard.

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