
Folsom, CA 95630
This Value-Add Folsom Asset is a High-Potential Investment Opportunity listed at $749,000—positioned well below the $770,165 Fair Market Value by 2%. This valuation gap provides $21,165 in Instant Equity for buyers ready to modernize this spacious 5-bedroom residence. Maintaining a Condition Rating of 4, the property offers significant upside through interior updates, complemented by a recently updated pool and a corner lot with RV potential. Zoned for the prestigious Folsom High School (9/10), this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Timson Drive Subject | $749,000* List Price | 5 | 3 | 2,438 | $316 | - |
A 121 Chesterfield Way Sold | $875,000 | 5 | 3 | 2,628 | $333 | 0.1 mi |
B 110 Northolt Court Sold | $820,000 | 4 | 3 | 2,129 | $385 | 1.0 mi |
C 433 Ellis Circle Pending | $750,000 List Price | 4 | 2 | 2,047 | $366 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is explicitly listed 'as-is' with 'major upside potential,' indicating aged systems and a need for modernization. While the kitchen shows a previous renovation (likely 10-15 years old) with granite countertops and stainless appliances, the overall description targets investors and contractors, suggesting the home requires repairs and updates to its original 30+ year old infrastructure.
High School: Folsom High School (9/10).
The property features a recently updated pool and a spacious corner lot with potential for private RV parking, offering immediate functional value and appeal for Folsom's climate.
The 2,438 sqft floor plan is highly functional, featuring a desirable downstairs bedroom and a unique upstairs flex space with a private fireplace, ideal for multi-generational living or a home office.
Sold in 'as-is' condition and priced specifically for its current state, the property likely requires a substantial capital investment to modernize and address deferred maintenance.
A recent $80,000 price reduction suggests the property faced initial difficulty at its original price point, which may impact buyer perception regarding the extent of repairs needed.
As-is opportunity in sought-after Folsom with major upside potential! This spacious 5-bedroom home (4 bedroom plus office) offers a flexible layout, great bones, and the chance to create something truly special. The standout feature is the recently updated pool, providing a beautiful backyard setting ready to be enjoyed just in time for summer. Whether relaxing poolside or entertaining, this space is already dialed in and adds immediate value. Home is on a corner lot with private RV space potential. Inside, the home offers generous square footage and a functional floor plan, including a downstairs bedroom and an additional room upstairs with private fireplace perfect for a home office or flex space. Property is being sold as-is and is priced to reflect current condition. Inspections have been completed and are available for review, allowing buyers to move forward with clarity and confidence. Ideal for investors, contractors, or buyers looking to build equity and customize a home to their own taste. With strong upside potential in an established neighborhood, this is a rare chance to invest in location and value. Don't miss this opportunity to bring your vision and make it your own.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 85% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,438 | 2,068 | 66% |
| Lot Size | 7,841 | 7,181 | 60% |
| Price | $749.0K | $760.0K | 47% |
| Price per sq ft | $307 | $375 | 12% |
| Built year | 1989 | 1999 | 25% |
| HOA | $0 | $49 | 49% |
| Days on market | 60 | 177 | 1% |
Apr 24, 2026
$749,000
$829,000
-10% Price Drop
Initial Listing
Apr 7, 2026
$829,000
Initial Listing
Jul 31, 2014
$460,000
Public Record
Mar 1, 2007
$490,000
Public Record
Aug 30, 2001
$310,000
Public Record