219 Needles Way, Folsom, CA 95630, Folsom, 95630 - 3 bed, 2 bath
219 Needles Way
Folsom, CA 95630
Property Price
SUMMARY
Analysis of 219 Needles Way, Folsom, CA 95630 reveals a Prime Investment Opportunity with a current list price of $850,000—significantly undercutting the $894,141 Fair Market Value by 4%. This valuation gap indicates a +$44,141 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Folsom Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Needles Way Subject | $850,000* List Price | 3 | 2 | 1,083 | $826 | - |
A 616 Mormon Street Sold | $880,000 | 3 | 2 | 1,050 | $838 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, with both the main house and the ADU featuring modern kitchens, updated bathrooms, and contemporary flooring and fixtures. Despite the 1951 original build date, the interior components appear virtually new, meeting current quality standards with no deferred maintenance, and the addition of owned solar further enhances its modern appeal.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1083.
- Great Schools
High School: Folsom High School (9/10).
- Dual-Unit Income Potential
The property features two separate dwellings on a single lot, including a fully renovated 2-bedroom ADU, providing a rare opportunity for significant rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1083, other record living area = 1850. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
- Vintage Infrastructure
The main residence was originally built in 1951, which may mean older underlying plumbing or electrical systems despite the modern cosmetic updates.
- Limited Yard Space
With two separate homes occupying a 7,200 square foot lot, the remaining private outdoor space is relatively compact for buyers seeking a large traditional backyard.
About 219 Needles Way
2 HOMES ON 1 LOT!!!!!! Welcome to 219 Needles Way, a rare opportunity in the heart of Folsom featuring a fully renovated accessory dwelling unit (ADU)perfect for multi-generational living, rental income, or a private guest retreat. The main house has features three bedrooms and two full bathrooms. The 767 square foot ADU has two bedrooms and two full bathrooms. Both have been tastefully updated with modern finishes. These homes are close to parks, shopping, dining, top-rated schools, and all the lifestyle amenities Folsom is known for. With its prime location and income-producing potential, this property stands out as an incredible value and a smart long-term investment. Owned solar in ADU.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Folsom Unified Schools
Theodore Judah Elementary School
Grades K-5 • 0.2 mi
Sutter Middle School
Grades 6-8 • 0.4 mi
Folsom High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,083 | 2,082 | 4% |
| Lot Size | 7,200 | 7,196 | 50% |
| Price | $850.0K | $760.0K | 67% |
| Price per sq ft | $785 | $375 | 99% |
| Built year | 1951 | 1999 | 6% |
| HOA | $0 | $45 | 49% |
| Days on market | 30 | 171 | 0% |
Pricing History
Listed for Sale
Feb 5, 2026
$850,000
Initial Listing
Sold
Sep 20, 2022
$475,000
Public Record
Sold
Apr 22, 2022
$400,000
Public Record