Seller's Agent in 2022
Michael Burke
Golden Gate Sotheby's
(415) 424-9835
7 in this area
37 Total Sales
1020 3rd St Novato, CA 94945
Central Novato Neighborhood
3
Beds
4
Baths
3,650
Sq Ft
7,501
Sq Ft Lot
About This Home
As of February 2022Quality five-unit building in an ideal downtown Novato location. One 2BR/1.5 BA townhouse unit and four 1BR/1BA flats. Upper apartments feature a private deck. On-site coin operated laundry and extra tenant storage rooms. Ample off-street uncovered parking. The apartments were built in 1963 and are two story, wood-frame, and stucco construction with a flat roof behind a decorative mansard roof. Overall, the property seems to be in very good condition. The main electrical panel was replaced in 2018. The building's water heater was replaced also in 2018. At least two of the tenants have been in occupancy for over 20 years and are paying below market rents. These two units will need to be upgraded and remodeled but offer a value-add opportunity by bringing these ultimately up to market rents.
Last Agent to Sell the Property
Golden Gate Sotheby's License #00454938 Listed on: 01/03/2022
Last Buyer's Agent
Non-Member 999999
Non-member Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,501 Sq Ft Lot
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Concrete Foundation
- Shingle Roof
- Tar and Gravel Roof
Interior Spaces
- 3 Bedrooms
- 3,650 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Off-Street Parking
Utilities
- No Cooling
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Community Details
- 5 Units
- Gross Income $102,800
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 141-262-16
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $1,650,000 | 0.0% | $452 / Sq Ft |
| 01/12/2022 01/12/22 | Pending | -- | -- | -- |
| 01/03/2022 01/03/22 | For Sale | $1,650,000 | -- | $452 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,701 | $1,750,857 | $636,720 | $1,114,137 |
| 2024 | $24,258 | $1,716,579 | $624,240 | $1,092,339 |
| 2023 | $23,760 | $1,682,960 | $612,000 | $1,070,960 |
| 2022 | $17,185 | $1,116,273 | $446,675 | $669,598 |
| 2021 | $17,168 | $1,094,425 | $437,917 | $656,508 |
| 2020 | $16,936 | $1,083,229 | $433,429 | $649,800 |
| 2019 | $16,294 | $1,062,036 | $424,933 | $637,103 |
| 2018 | $16,016 | $1,041,260 | $416,605 | $624,655 |
| 2017 | $15,696 | $1,020,890 | $408,439 | $612,451 |
| 2016 | $14,658 | $1,000,916 | $400,432 | $600,484 |
| 2015 | $14,380 | $985,918 | $394,420 | $591,498 |
| 2014 | $14,007 | $966,645 | $386,694 | $579,951 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Burke
-
N
Buyer's Agent in 2022
Non-Member 999999
Non-member Office
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 321115284
APN: 141-262-16
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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