Tomlinson Drive, Folsom, CA -  The best price per square foot home for Folsom is this 5 bedroom, 4.5 bathroom, 4831 square foot  house.  It was built in 1991 on approximately .28 acres in the neighborhood of American River Canyon North.  It features high ceilings, huge rooms, hardwood floors, an upstairs master bedroom with a double sided fireplace (from bedroom to bathroom) and it's own balcony.  The kitchen has granite counters.  It is bank owned and currently listed for $675,900 or $139.91.  (There are a couple fixer upper homes for less but for the purpose of my best deal category I leave out fixers as they are of a subjective nature and the cost to fix them is too hard to calculate.)  To give you perspective on the price of this home, our Lyon Real Estate Trendgpraphix statistics for the month of August show for all property types (short sales, bank owned, and non bank owned) 60 homes sold  for an average of $198 per square foot and a list price to sale price average of 97%.  Of those 60 sales, 8 were bank owned and sold at an average per square foot price of $171 with 96% list to sale price.  This home sold 11/26/2008.

To see our Trendgraphix statistics by county for the counties in our Sacramento Region visit my website at www.DeeDeeRiley.com and click on the Market Trends tab on the left of the page.

To see all bank owned homes for Folsom click on the tab at the top of my web page. There is  also a great article on things to consider when buying a bank owned property under my Buyer's Information tab.