Closed
$1,100,000
502 Riley St, Folsom, CA 95630
--beds
0baths
3,416sqft
Other
Built in 1959
-- sqft lot
$1,090,100 Zestimate®
$322/sqft
$2,188 Estimated rent
Home value
$1,090,100
$1.01M - $1.19M
$2,188/mo
Zestimate® history
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What's special
Exceptional commercial opportunity in Historic Folsom. Located at 502 Riley Street, this property is situated along a major thoroughfare with traffic count above 20,000 according to a 2017 study. Offering a generous 3400 square feet of Gross Living Area, this property offers a myriad of use possibilities including a freestanding preschool or daycare. Currently zoned R-4 for preschool use up to 40 children, this zoning is grandfathered'' in to ensure seamless operations. Accessibility is very convenient with two driveways, ingress on Mormon and egress on Riley. Ample parking on site with 9 designated spaces marked for visitors and up to 5 alley spaces marked for staff members. Beyond its practicality, the property's curb appeal is enhanced by low-maintenance vinyl siding, preserving its classic charm while minimizing upkeep demands. Moreover, the vast shaded playgroup area offers a safe and enjoyable space for children to explore and play. Don't miss this extraordinary opportunity to own this exceptional property and secure a piece of historic Folsom.
Zillow last checked: 8 hours ago
Listing updated: April 10, 2024 at 11:53am
Listed by:
Paul Boudier DRE #01179722 916-919-5775,
Keller Williams Realty
Bought with:
Lakota Verberne, DRE #02048203
eXp Realty of California Inc.
Source: MetroList Services of CA,MLS#: 223080451Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total interior livable area: 3,416 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.32 Acres
Details
- Parcel number: 07001550120000
- Zoning description: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Wood
Condition
- Year built: 1959
Community & neighborhood
Location
- Region: Folsom
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $1,100,000-4.3%$322/sqft |
Source: MetroList Services of CA #223080451 | ||
| 1/12/2024 | Pending sale | $1,150,000$337/sqft |
Source: MetroList Services of CA #223080451 | ||
| 12/6/2023 | Listed for sale | $1,150,000$337/sqft |
Source: MetroList Services of CA #223080451 | ||
| 10/19/2023 | Pending sale | $1,150,000$337/sqft |
Source: MetroList Services of CA #223080451 | ||
| 8/21/2023 | Listed for sale | $1,150,000$337/sqft |
Source: MetroList Services of CA #223080451 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,122,000 +304.3% |
| 2024 | $3,024 +1.8% | $277,508 +2% |
| 2023 | $2,970 +1.5% | $272,068 +2% |
Find assessor info on the county website
Neighborhood: Historic Folsom
Nearby schools
GreatSchools rating
- 7/10Theodore Judah Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Sutter Middle SchoolGrades: 6-8Distance: 0.2 mi
- 10/10Folsom High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,090,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,090,100


