900 Moon Circle 937, Folsom, CA 95630, Folsom, 95630 - 2 bed, 2 bath
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Folsom, CA 95630
This Updated Affordable Housing Condo is a Strong Value Opportunity, listed at $316,300—positioned well below the $343,407 Fair Market Value by 7%. This valuation gap offers $27,107 in Instant Equity for eligible buyers. Maintaining a Good Condition Rating, the home features modern vinyl flooring, custom paint, and a rare 10x25 private garage. Located in the gated Madrone community, residents access resort-style amenities steps from 9/10 rated Russell Ranch Elementary. This is an ideal acquisition for Owner-Occupants or first-time buyers meeting Folsom’s income requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Moon Circle 937 Subject | $316,300* List Price | 2 | 2 | 1,031 | $333 | - |
A 300 Moon Circle 331 Sold | $405,000 | 2 | 2 | 1,128 | $359 | 0.1 mi |
B 1200 Moon Circle 1222 Pending | $395,000 List Price | 1 | 1 | 1,070 | $369 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10 to 20-year age bracket for a 'good' condition rating. The home is move-in ready and features several updates, most notably the modern vinyl plank flooring throughout and custom interior paint. The kitchen and bathrooms maintain their original 2007 cabinetry and fixtures, which appear well-maintained with minimal wear. The kitchen includes functional GE appliances and granite countertops. Overall, the property shows pride of ownership and requires no immediate renovation, with major systems appearing functional and within their expected lifespan.
Elementary School: Russell Ranch Elementary School (9/10). High School: Vista Del Lago High School (9/10).
Situated next to top-rated Russell Ranch Elementary, the gated Madrone community offers resort-style living with a clubhouse, pool, gym, and included high-speed internet.
The unit includes a rare 10x25 single-car garage and an additional large balcony storage closet, providing significantly more utility than typical condominium layouts.
As part of the City of Folsom's Affordable Housing program, purchase is restricted to buyers meeting specific income requirements, which limits the potential resale market.
The $455 monthly association fee represents a significant recurring expense that may impact the overall affordability for budget-conscious buyers.
A special opportunity, this updated two-bedroom, two-bathroom condo is part of the City of Folsom's Affordable Housing program and interested buyers who meet income requirements can easily apply! Lovingly maintained by the original owner, this light filled home features beautiful vinyl flooring throughout, a perfect layout and custom paint colors. The fully appointed kitchen with plenty of storage and GE appliances opens to living and dining spaces that are filled with personality and natural light. You will love the peaceful balcony for your favorite beverages and the large storage closet for your outdoor supplies and more. Shelving has been installed in the in-unit laundry space and the washer and dryer are included in the purchase. Each bedroom is spacious and equipped with ceiling fans; the primary suite features an en-suite and walk in closet! You will especially appreciate the single car 10 x 25 garage that can be tough to find in condo communities and provides even more convenient storage. Madrone is a well-managed community located near all the parks, trails, shopping and fabulous schools one expects in Folsom. The amenities are fantastic and with a resort style clubhouse and pool, gym, gated entry, landscape maintenance and Xfinity High Speed Internet. Russell Ranch Elementary is right next door for an easy walk to school. You will love living here!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 3.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,031 | 1,364 | 18% |
| Lot Size | - | - | 50% |
| Price | $316.3K | $455.0K | 24% |
| Price per sq ft | $307 | $331 | 29% |
| Built year | 2007 | 2007 | 50% |
| HOA | $455 | $379 | 82% |
| Days on market | 42 | 176 | 6% |
Mar 11, 2026
$316,300
Initial Listing
Aug 20, 2007
$156,000
Public Record