
Folsom, CA 95630
This Single-Family Residence presents a High-Potential Investment Opportunity, listed at $615,000—positioned slightly above the $601,530 Fair Market Value. While the property requires modernization, its Condition Rating of 4 provides a clear path for value-add renovations. Located in a prime Folsom neighborhood with No HOA Fees and access to Top-Rated Schools like Sandra J. Gallardo Elementary and Folsom High (9/10 ratings), this home offers significant long-term appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 294 Hinds Way Subject 3 bd · 2 ba · 1,327 sqft · $453 | $615,000* List Price | 3 | 2 | 1,327 | $453 | - |
A 1313 Kerslake Circle Sold 3 bd · 2 ba · 1,327 sqft · $482 · 0.0 mi | $640,000 | 3 | 2 | 1,327 | $482 | 0.0 mi |
B 325 Leckenby Way Sold 3 bd · 2 ba · 1,434 sqft · $474 · 0.0 mi | $680,000 | 3 | 2 | 1,434 | $474 | 0.0 mi |
C 1291 Hartley Way Sold 3 bd · 2 ba · 1,434 sqft · $429 · 0.4 mi | $615,000 | 3 | 2 | 1,434 | $429 | 0.4 mi |
D 1074 Rathbone Circle Sold 3 bd · 2 ba · 1,313 sqft · $442 · 0.6 mi | $580,000 | 3 | 2 | 1,313 | $442 | 0.6 mi |
E 342 Leckenby Way Sold 3 bd · 2 ba · 1,434 sqft · $437 · 0.1 mi | $626,500 | 3 | 2 | 1,434 | $437 | 0.1 mi |
F 551 Heiler Way Sold 4 bd · 2 ba · 1,607 sqft · $423 · 0.6 mi | $680,000 | 4 | 2 | 1,607 | $423 | 0.6 mi |
G 534 Kilsyth Court Sold 3 bd · 2 ba · 1,458 sqft · $432 · 0.7 mi | $630,000 | 3 | 2 | 1,458 | $432 | 0.7 mi |
H 551 Gage Court Sold 4 bd · 3 ba · 1,851 sqft · $397 · 0.7 mi | $735,000 | 4 | 3 | 1,851 | $397 | 0.7 mi |
I 1325 Tippens Way Pending 3 bd · 2 ba · 1,327 sqft · $489 · 0.3 mi | $649,000 List Price | 3 | 2 | 1,327 | $489 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (26 years old), the home is in original condition with dated oak cabinetry and basic tile in the bathrooms. The listing description explicitly states the property is ready for 'updating' and 'personal touches,' fitting the criteria for a home over 20 years old that is functional but requires modernization.
Elementary School: Sandra J. Gallardo Elementary School (9/10). High School: Folsom High School (9/10).
Situated in the highly desirable Broadstone subdivision, the property offers exceptional proximity to the Palladio shopping center, Folsom Sports Complex, and extensive trail systems, ensuring a high-convenience lifestyle.
The home is served by prestigious Folsom schools, including Sandra J. Gallardo Elementary and Folsom High School, both of which carry elite ratings of 9, providing significant long-term value and appeal to families.
The property is explicitly marketed as needing 'personal touches and updating,' indicating that buyers will likely need to invest additional capital immediately to modernize the interior finishes.
At 1,327 square feet, the home is relatively compact for a three-bedroom residence in this price bracket, which may feel restrictive for growing families or those requiring a home office.
Buy the Location and Make It Your Own! Location, location, location! This single-story home is all about the lifestyle and convenience of its excellent Folsom location. Enjoy an abundance of nearby shopping, restaurants, and entertainment, including the popular Palladio at Broadstone, with its variety of dining, shopping, and entertainment options. Explore nearby trails, catch an outdoor concert, visit John Kemp Community Park, or enjoy the Folsom Sports Complex. With easy access to Highway 50 and no HOA, you'll love the convenience of this location. Inside, the home features an open kitchen with an eating area, a cozy fireplace, two additional bedrooms, indoor laundry, and a primary bathroom with dual sinks. A sliding glass door offers direct access to the backyard. The home is ready for your personal touches and updating, making this a wonderful opportunity to invest in a great location and create a space that reflects your own style. Buy the location, bring your vision, and make it yours!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,327 | 2,072.901 |
| Lot Size | 6,068 | 7,191.083 |
| Price | $615.0K | $785.6K |
| Price per sq ft | $463 | $387 |
| Built year | 2000 | 1999 |
| HOA | $0 | $169 |
| Days on market | 19 | 44 |
Oct 5, 2026
$615,000
Initial Listing
May 26, 2005
$435,000
Public Record
Apr 12, 2000
$175,500
Public Record