NOT LISTED FOR SALE

115 Prospect Ave Sausalito, CA 94965

Estimated Value: $2,804,000 - $3,799,000

3 Beds
7 Baths
2,945 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $3,325,000 $1,129 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $21,273/month

15 Days on Market

Highlights

  • Views of San Francisco
  • Midcentury Modern Architecture
  • Wood Flooring
  • Tamalpais High School Rated A
  • Vaulted Ceiling
  • 2 Car Direct Access Garage

About This Home

As of April 2022

Live the dream! San Francisco & the Bay are your backdrop for this legacy view home! Currently set up as a duplex, with 2 spacious vu units! 117 Prospect feels like a SFR with rare level entrance from 2 car attached garage to spacious 2BR/2BA + den, 1550 s.f. home. Recently updated throughout with new electrical service, roof, appliances, hardwood floors, insulation and more! Never before on the market. 115 Prospect Ave is approx. 1050 s.f. of living space with 1BR/1BA, large great room, W/B/F/P, wrap around view deck and deeded, covered parking for 2 cars. There is a bonus room on the lowest level with 1/2 bath, several large storage closets and separate storage room. This is the trophy investment property you've been searching for, or the live/work solution with great commute location, or the perfect pied de ter & income property with potential for condo conversion, adding an ADU (rec room on lower level). Perfectly located, just moments to the GGNRA, public transportation and 101!

Last Agent to Sell the Property

Sherrie Faber

First California Realty, Inc License #01272361 Listed on: 04/05/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 7,148 Sq Ft Lot
  • Garden

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Guest Parking

Property Views

  • Bay
  • San Francisco
  • Views of the Bay Bridge
  • Downtown
  • Park or Greenbelt

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Bitumen Roof

Interior Spaces

  • 3 Bedrooms
  • 2,945 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Formal Entry
  • Storage

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Lowered Light Switches
  • Wheelchair Access
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Insulation

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High-Efficiency Water Heater

Community Details

  • 2 Units
  • Gross Income $144,000

Listing and Financial Details

  • Assessor Parcel Number 065-221-84

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Formal Entry, Skylight(s), Storage Area(s), Vaulted Ceiling(s)
  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: 101 to Spencer Ave - Right Booker, Left Cloud View Right at Prospect Ave - Follow to Cable Roadway - slight left, then immediate right into shared driveway.
  • Lot Size Acres: 0.1641
  • Stories: 3
  • CapRate: 3.00
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary, Mid-Century
  • Special Features: None

Interior Features

  • Appliances: Electric Cook Top, ENERGY STAR Qualified Appliances, Free Standing Electric Oven
  • Accessibility Features: Lowered Switch(s), Parking, Varies By Unit, Wheelchair Access
  • Flooring: Linoleum, Wood
  • Price Per Square Foot: 1129.03
  • Square Footage: 2945.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Garden
  • Property Condition: Updated/Remodeled
  • Roof: Bitumen
  • View: Bay, Bay Bridge, City, City Lights, Downtown, Garden/Greenbelt, San Francisco

Garage/Parking

  • Parking Features: Attached, Covered, Detached, Garage, Guest Parking Available, Interior Access
  • Total Parking Spaces: 6.00
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Of Guest Spaces: 3
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Fireplace(s), Natural Gas, Separate
  • Laundry Features: In Each Unit, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas

Schools

  • Middle/Junior School District: Tamalpais Union

Lot Info

  • Assessor Parcel Number: 065-221-84
  • Lot Size Sq Ft: 7148.00

Green Features

  • Energy Efficient: Appliances, Insulation, Water Heater

Building Info

  • Year Built: 1958

Multi Family

  • Number of 1 Bedroom Units: 1
  • NumberOfUnitsTotal: 2

MLS Schools

  • Senior High School District: Sausalito Marin City Schools
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 27, 2022
Sold by
Barbara Diana Fields Trust and Eric J Lischeske Trust
Bought by
Greg And Stephanie Loos Living Trust and Loos
Seller's Agent
Sherrie Faber
First California Realty, Inc
List Price
$2,895,000
Sold Price
$3,325,000
Premium/Discount to List
$430,000
14.85%
Current Estimated Value
$3,372,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,124
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Aug 9, 2012
Sold by
Lischeske Carl L
Bought by
Lischeske Carl R

Purchase Details

Closed on
Jan 2, 2007
Sold by
Lischeske Carl R
Bought by
Lischeske Carl R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Greg And Stephanie Loos Living Trust $3,325,000 Old Republic Title
Lischeske Carl R -- First American Title
Lischeske Carl R -- None Available
Lischeske Carl R -- None Available
Lischeske Carl R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $3,325,000 +14.9% $1,129 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $2,895,000 -- $983 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $42,635 $4,003,490 $1,697,920 $2,305,570
2024 $42,635 $3,459,330 $1,664,640 $1,794,690
2023 $41,845 $3,391,500 $1,632,000 $1,759,500
2022 $6,399 $260,442 $82,861 $177,581
2021 $6,589 $255,334 $81,235 $174,099
2020 $5,972 $252,716 $80,402 $172,314
2019 $5,551 $247,763 $78,826 $168,937
2018 $5,320 $242,905 $77,280 $165,625
2017 $5,122 $238,143 $75,765 $162,378
2016 $5,043 $233,474 $74,280 $159,194
2015 $4,896 $229,967 $73,164 $156,803
2014 $4,745 $225,463 $71,731 $153,732
Source: Public Records

Agents Affiliated with this Home

  • Sherrie Faber

    Seller's Agent in 2022

    Sherrie Faber

    First California Realty, Inc

    (415) 339-9200

    45 in this area

    63 Total Sales

    Sherrie Faber
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322029789

Bay Area Real Estate Information Services (BAREIS)

APN: 065-221-84

California Marin County Sausalito 94965

115 Prospect Ave, Sausalito, CA

Not Listed for Sale

MultiFamily

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