
Folsom, CA 95630
This Affordable Turnkey Condominium is listed at $267,400, aligning closely with its $264,300 Fair Market Value to provide a stable, accessible entry into a premium Folsom neighborhood. Boasting a Good Condition Rating, the interior features a Granite Kitchen, fresh paint, and a private one-car garage. Residents enjoy the gated Madrone Community lifestyle, including a pool and gym, while benefiting from 9/10 Rated Schools like Russell Ranch Elementary and Vista Del Lago High. This move-in-ready residence is a rare opportunity for eligible low-income residents or first-time buyers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Moon Circle 1214 Subject | $267,400* List Price | 1 | 1 | 804 | $329 | - |
A 1400 Moon Circle 1415 Active | $270,000 List Price | 1 | 1 | 804 | $336 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is within the 10-20 year age range for a 'good' rating and appears well-maintained. The interior is move-in ready with recent cosmetic updates including fresh paint and newer carpeting in the bedroom. The kitchen is well-appointed with granite countertops and modern appliances, and the bathroom features updated surfaces. Major systems appear functional, and the overall quality of the unit and community amenities suggests minimal deferred maintenance.
Elementary School: Russell Ranch Elementary School (9/10). High School: Vista Del Lago High School (9/10).
Located in the gated Madrone community, residents benefit from high-end amenities including a pool, clubhouse, gym, and fully paid WiFi, offering a resort-style living experience.
The condo is well-maintained with modern granite countertops, fresh paint, newer bedroom carpeting, and the added convenience of a finished one-car garage.
As part of the City of Folsom's Affordable Housing program, purchase is strictly limited to low-to-moderate income buyers who meet specific qualification criteria.
The property is subject to a Resale Restriction Agreement, which limits future appreciation and profit potential compared to traditional market-rate real estate.
This property is designed for low-income buyers and is part of the City of Folsom's Affordable Housing program. This affordable housing option is ideal for buyers with low to moderate incomes looking to own in a desirable location with easy access to all the amenities you need. Special Terms / Conditions apply. Discover this beautifully maintained lower-level 1-bedroom, 1-bathroom condo located in Madrone, one of Folsom's most sought-after communities. Nestled within a residential neighborhood and gated to ensure both peace of mind and privacy. The home features spacious living areas, including a well-appointed kitchen with granite countertops and ample storage. Recently painted with newer carpet in the bedroom. A one-car finished garage w/opener adds convenience and security. Close to the refreshing community pool, clubhouse, gym and guest parking. Fully paid internet WiFi. This unit is subject to sale in accordance w/the policies of the Affordable Housing & the Buyers Occupancy & Resale Restriction Agreement.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 12% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 804 | 1,364 | 12% |
| Lot Size | - | - | 50% |
| Price | $267.4K | $455.0K | 18% |
| Price per sq ft | $333 | $332 | 53% |
| Built year | 2007 | 2007 | 50% |
| HOA | $455 | $379 | 82% |
| Days on market | 62 | 176 | 6% |
Feb 19, 2026
$267,400
Initial Listing
Jun 13, 2008
$135,000
Public Record