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Prairie Oaks Neighborhood
Mechelle’s Top Folsom Home Picks Category
Folsom Top Home Pick
REO Homes For Sale in Folsom
My mission this past week was to take a look at the Folsom foreclosed homes and find my Top Pick. Today there are 32 single family homes in for sale in Folsom, that are bank owned. Currently there are 29 bank owned that are pending. In the past month 18 homes have closed escrow that were bank owned. The average days on market for the sold homes, were 96, and only two of the sold homes sold for original list price. The Folsom REO’s sold for an average of 95.42% of list price. It looks like even the banks are not understanding where the Folsom home prices are and are not pricing the homes where the buyers will buy them.

Folsom Foreclosed Homes For Sale
While none of the bank owned homes, in my opinion screamed a deal, I did see one that had personality, seemed well maintained and if it fit your needs, would be worth a look. This home is an older home, built in 1975. The kitchen has been remodeled and has newer (and nicer) cabinets, granite counters, stainless higher end appliances. Wood floors throughout the home. Larger master bedroom, with two sliders. The home has 3 bedrooms, 2 baths and a 2 car garage. Room for RV parking. The backyard is huge (lot size is 10,280) and has a pool, with diving board. This home has lots of custom woodwork. The home is 1194 square feet. It does have a wood-shake roof and you would want to have someone take a look at it, to see what kind of shape it is in. It is priced at $224,900. My Folsom top pick home for sale is 113 Sierra Woods Circle. Click here to see more about it.
To see this home or others, contact me!
Finding the Best Folsom Foreclosure
Folsom Top Home Pick For Sale
There are 34 Folsom foreclosures for sale in the mls as of today. I am going to take a look at them and pick the best one for my next Folsom Top Home Pick.
Be sure and check back to see what I find!
Folsom Top Pick Home For Sale – REDUCED
Folsom Foreclosure Reduced More!A couple of weeks ago I had blogged about my Top Home Pick, being 365 Hansen Circle, in the Prairie Oaks neighborhood. It has just been reduced to $275,000. That puts the home
at $160.82/sqft. Comps for the same size age home are (on average) $184.65 for active, $179.82 for active short contingent, $186.20 for pending and $177.05 for solds in the past 6 weeks.
This home has 3 bedrooms, 2.5 baths. Tile counters and pantry in the kitchen. Formal living room. This Folsom home backs to open space, is within walking distance of Sandra J. Gallardo Elementary, Folsom High School, and Intel.
With the frequent price reductions on this home, it seems to me the bank wants to get this home sold!
The Folsom mls # is 10055936, click here for more info and pictures. If you or someone you know, would be interested in seeing this home, contact me.
Wow, Just Found My Top Pick!
Latest Folsom Home For Sale To Be Top Pick
I keep my eyes open on all of the Folsom houses for sale, and this one was reduced, and because of the reduction, I have it as my Folsom Top Pick Home For Sale. It has been on the market as a short sale, that did not go through. Then it was foreclosed on. It first was listed 44 days ago, as a bank owned property, at $322,000. It was just reduced to $300,000.
This home is 1710 square feet, 3 bedrooms, 2.5 baths. There is a living room, dining room combination. Separate family room, with breakfast nook. Nice size kitchen, with plenty of cabinets (white tile counters), and a larger pantry. Inside laundry. The carpets need cleaning and the inset where the tv could go needs to be repaired. The home is in the Prairie Oaks neighborhood, within walking distance of Sandra J. Gallardo Elementary School and Folsom High School. Intel and the new Cal ISO, just a couple of minutes away. The backyard overlooks a greenbelt, so you would not have any neighbors behind you. As I always advise, if you purchase this or any other home, have the home inspected.
My top home pick is 365 Hansen Circle, Folsom. Priced at $300,000 it is now $175.44/sqft. Sold comps for the same size, age home in Folsom are running $185.06 average.
The Folsom mls # is 10055936, click here for more info and pictures. If you or someone you know, would be interested in seeing this home, contact me.
Folsom Top Pick Home for Sale
Top Pick for Homes for Sale in Folsom $300,000 to $350,000
Today there are 56 homes for sale in Folsom priced between $300,000 and $350,000. Of those 43 are regular sales and 13 are short sales. Average price per square foot is $184.09 My first top pick managed to go pending yesterday, so its a good thing I had a second choice!
222 Orange Blossom Circle is my pick! This Folsom home has 2223 square feet, 4 bedrooms and 3 baths. It is a tri-level. Backyard includes a pool. It is a foreclosed home. While overall it appears to be in good condition, no holes in walls, doors and hardware still in the home, as always, I would advise home/pool inspection if you were to buy the home. It does have (probably) original mauve kitchen tile that most people would want to replace. Within walking distance of the elementary school. This home is priced at $343,900, $154.70 sqft. It has been on the market 117 days.
Same size and age Folsom homes that have sold at an average $160.53 sqft. This home is one of the biggest in this price range, not counting ones on busy streets, backing to power lines etc.
The Folsom mls # is 10028242, click here to see more about 222 Orange Blossom Circle. If you would like to see this, or any other home, please contact me!
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