860 School Street, Folsom, CA 95630, Folsom, 95630 - 3 bed, 2 bath

860 School Street, Folsom, CA 95630 home-pic-0
ACTIVE$580,000$1,492/sqft
Est. Value: $623,722
7%
BelowEstimate
860 School Street, Folsom, CA 95630
3Beds
2Baths
1,492Sqft
7,715Lot

Price Vs. Estimate

The estimated value ($623,721.735) is $43,721.735 (7%) higher than the list price ($580,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 7715, living area = 1492.
Top Cons:
Age of Construction: Built in 1957, the property is an older home, which may imply potential for aging infrastructure such as plumbing, electrical, or HVAC systems that are not explicitly mentioned as updated beyond the kitchen.

Compared to the nearby listings

Price:$580.0K vs avg $735.0K ($-155,000)23%
Size:1,492 sqft vs avg 2,113 sqft17%
Price/sqft:$389 vs avg $36963%

More Insights

Built in 1957 (69 years old).
Condition: This 1957 home has undergone significant and tasteful updates, making it move-in ready. The kitchen features updated cabinets, granite countertops, and a subway tile backsplash, though the appliances are white and not high-end stainless steel. Both bathrooms are modern with new vanities, fixtures, and lighting. New LVP/laminate flooring is present throughout the main living areas, and bedrooms have clean, well-maintained carpet. While the property's age (1957) suggests potential for older underlying systems (HVAC, plumbing, electrical) not explicitly detailed as updated, the visible renovations are extensive and appear recent, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovation.
Year Built
1957
Close
-
List price
$580K
Original List price
-
Price/Sqft
$389
HOA
$0
Days on market
-
Sold On
-
MLS number
226005911
Home ConditionGood
Features
View-

About this home

Spacious and tastefully updated Old Folsom charmer! Welcome to 860 School Street, a 1957 classic that's move-in ready and close to everything! This home has a spacious and functional floor plan with a large living area, three bedrooms, and two full bathrooms. The kitchen has been updated and features granite counters with ample storage space. Situated on a large and flat lot with a breezeway to the functional two-car garage, and with the potential to store your toys, there is so much this property has to offer. Location matters so much, and this home is in the perfect spot, close to restaurants, entertainment, Trader Joe's, Lake Natoma, ARBT, and more. A rare opportunity; don't miss out on this one!

C
Chaz Halbert
Listing Agent

Nearby schools

6/10
Theodore Judah Elementary School
Public,K-50.1mi
7/10
Sutter Middle School
Public,6-80.5mi
9/10
Folsom High School
Public,9-122.0mi

Price History

Date
Event
Price
01/20/99
Sold
$145,000
10/22/21
Sold
$519,500
Condition Rating
Good

This 1957 home has undergone significant and tasteful updates, making it move-in ready. The kitchen features updated cabinets, granite countertops, and a subway tile backsplash, though the appliances are white and not high-end stainless steel. Both bathrooms are modern with new vanities, fixtures, and lighting. New LVP/laminate flooring is present throughout the main living areas, and bedrooms have clean, well-maintained carpet. While the property's age (1957) suggests potential for older underlying systems (HVAC, plumbing, electrical) not explicitly detailed as updated, the visible renovations are extensive and appear recent, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovation.
Pros & Cons

Pros

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 = 7715, living area = 1492.
Great Schools: High School: Folsom High School (9/10).
Prime Location & Accessibility: The property boasts an excellent location in Old Folsom, offering convenient access to restaurants, entertainment, Trader Joe's, Lake Natoma, and the American River Bike Trail (ARBT), enhancing lifestyle and desirability.
Updated & Move-in Ready Condition: Described as 'tastefully updated' and 'move-in ready,' the home features an updated kitchen with granite counters and ample storage, reducing immediate renovation needs for buyers.
Spacious & Functional Floor Plan: The home offers a spacious and functional floor plan, including a large living area, three bedrooms, and two full bathrooms, providing comfortable living space.
Generous & Usable Lot: Situated on a large and flat lot, the property provides ample outdoor space, complemented by a functional two-car garage with a breezeway and potential for storing recreational vehicles or other toys.
Excellent School Proximity: The property is exceptionally close to highly-rated schools, including Theodore Judah Elementary (0.14 miles) and Sutter Middle School (0.45 miles), making it highly attractive for families.

Cons

Age of Construction: Built in 1957, the property is an older home, which may imply potential for aging infrastructure such as plumbing, electrical, or HVAC systems that are not explicitly mentioned as updated beyond the kitchen.
Limited Specific System Updates: While the kitchen is updated, the description does not detail updates to critical systems like HVAC, plumbing, or electrical, which could be a concern for a 1957-built home and may require future investment or maintenance.
Potential for Further Modernization: Described as a 'charmer' and 'classic,' some areas of the home, beyond the updated kitchen, might retain original aesthetics or finishes that may not align with all buyers' preferences for contemporary design.
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