1173 Fergusen Way, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath
ACTIVE$785,000
1173 Fergusen Way, Folsom, CA 95630
4Beds
3Baths
2,347Sqft
6,050Lot
Price Vs. Estimate
The estimated value ($901,444.415) is $116,444.415 (14%) higher than the list price ($785,000). This property may be underpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Vista Del Lago High School (9/10).
Top Cons:
Recurring HOA Fees: The property is subject to a monthly association fee of $165, which adds to the overall cost of homeownership.
Compared to the nearby listings
Price:$785.0K vs avg $735.0K (+$50,000)59%
Size:2,347 sqft vs avg 2,128 sqft62%
Price/sqft:$334 vs avg $36431%
More Insights
Built in 2003 (22 years old).
Condition: The property, built in 2003, has undergone extensive recent renovations as indicated by 'Fresh paint, new carpet, and modern kitchen appliances,' 'Quartz countertops throughout,' and 'Stylish fixtures.' Images confirm new-looking flooring, fresh paint, and updated kitchen elements including stainless steel appliances and dark countertops (described as quartz). The overall condition is 'Immaculately maintained and move-in ready,' aligning with the 'Excellent' criteria for properties extensively renovated within the last 5 years, with virtually new components and no deferred maintenance.
Year Built
2003
Close
-
List price
$785K
Original List price
-
Price/Sqft
$334
HOA
$165
Days on market
-
Sold On
-
MLS number
225137546
Home ConditionExcellent
Features
Good View:
Patio
View-
About this home
This beautifully upgraded home in The Parkway features one of the community's most sought-after floor plans, including a rare downstairs bedroom and full bath. Highlights include: ✨ Fresh paint, new carpet, and modern kitchen appliances 💎 Quartz countertops throughout 🌐 Wired for gigabit ethernet + security system 💡 Stylish fixtures and an entertainer's patio with lighting 📍 Prime Folsom Location: Minutes from Folsom Lake Across from Empire Ranch Golf Course Surrounded by trails, parks, top-rated schools, dining, and shopping Immaculately maintained and move-in readyperfect for hosting and enjoying all that Folsom has to offer.
Nearby schools
7/10
Empire Oaks Elementary School
Public,•K-5•0.4mi
8/10
Oak Chan Elementary School
Public,•K-5•0.9mi
8/10
Folsom Hills Elementary School
Public,•K-5•0.9mi
8/10
Folsom Middle School
Public,•6-8•2.1mi
9/10
Vista Del Lago High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
07/08/04
Sold
$499,000
07/28/03
Sold
$352,500
Condition Rating
Excellent
The property, built in 2003, has undergone extensive recent renovations as indicated by 'Fresh paint, new carpet, and modern kitchen appliances,' 'Quartz countertops throughout,' and 'Stylish fixtures.' Images confirm new-looking flooring, fresh paint, and updated kitchen elements including stainless steel appliances and dark countertops (described as quartz). The overall condition is 'Immaculately maintained and move-in ready,' aligning with the 'Excellent' criteria for properties extensively renovated within the last 5 years, with virtually new components and no deferred maintenance.
Pros & Cons
Pros
Great Schools: High School: Vista Del Lago High School (9/10).
Prime Location & Amenities: The property boasts a prime Folsom location, minutes from Folsom Lake, across from Empire Ranch Golf Course, and surrounded by trails, parks, top-rated schools, dining, and shopping, offering a highly desirable lifestyle.
Move-in Ready with Modern Upgrades: Immaculately maintained and move-in ready, featuring fresh paint, new carpet, modern kitchen appliances, quartz countertops throughout, and stylish fixtures, minimizing immediate buyer expenses.
Desirable Floor Plan: Features one of the community's most sought-after floor plans, including a rare downstairs bedroom and full bath, providing excellent versatility for guests or multi-generational living.
Advanced Connectivity & Security: The home is wired for gigabit ethernet and a security system, catering to modern demands for high-speed internet and enhanced home safety.
Potential for Immediate Equity: The current listing price of $785,000 is significantly below the estimated property value of $901,444.415, suggesting potential for immediate equity gain for the buyer.
Cons
Recurring HOA Fees: The property is subject to a monthly association fee of $165, which adds to the overall cost of homeownership.
Lack of Explicit Energy Efficiency Upgrades: The description does not mention significant energy efficiency upgrades such as solar panels or EV charging, which are increasingly sought after by buyers and present in some comparable properties.
Average Lot Size: With a lot size of 6050 sqft, the outdoor space may be considered average and might not appeal to buyers seeking larger yards or extensive landscaping opportunities.