NOT LISTED FOR SALE

118 Spencer Ave Sausalito, CA 94965

Estimated Value: $3,880,000 - $4,592,000

4 Beds
3 Baths
3,290 Sq Ft
$1,283/Sq Ft Est. Value

About This Home

This home is located at 118 Spencer Ave, Sausalito, CA 94965 and is currently estimated at $4,220,036, approximately $1,282 per square foot. 118 Spencer Ave is a home located in Marin County with nearby schools including Dr. Martin Luther King, Jr. Academy - Nevada Campus, Tamalpais High School, and The New Village School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Lovato John P and Lovato Kimberley M
Bought by
Lovato John and Lovato Kimberley
Current Estimated Value
$4,220,036

Purchase Details

Closed on
Jun 6, 2016
Sold by
Lovato John P and Lovato Kimberly M
Bought by
Lovato John P and Lovato Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,101,289
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,118,747

Purchase Details

Closed on
May 13, 2016
Sold by
Broom David William
Bought by
John P Lovato Family Trust and Lovato Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,101,289
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,118,747

Purchase Details

Closed on
Jan 18, 2012
Sold by
Broom David William and Broom Emily Ruth
Bought by
Broom David William and Broom Emily Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Broom David William and Broom Emily Ruth
Bought by
Broom David William and Broom Emily Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Broom David and Broom Emily
Bought by
Broom David William and Broom Emily Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lovato John -- None Available
Lovato John P -- Stewart Title
Lovato John P -- Stewart Title
John P Lovato Family Trust $3,198,000 Stewart Title Of California
Broom David William -- Old Republic Title Company
Broom David William -- Old Republic Title Company
Broom David William -- First American Title Co
Broom David William -- First American Title Co
Broom David William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovato John P $1,500,000
Previous Owner Broom David William $445,000
Previous Owner Broom David William $492,000
Source: Public Records

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 $47,574 $3,885,272 $2,249,163 $1,636,109
2024 $45,496 $3,809,094 $2,205,064 $1,604,030
2023 $44,566 $3,734,425 $2,161,839 $1,572,586
2022 $42,913 $3,661,202 $2,119,450 $1,541,752
2021 $42,565 $3,589,422 $2,077,897 $1,511,525
2020 $41,790 $3,552,630 $2,056,598 $1,496,032
2019 $40,612 $3,482,983 $2,016,280 $1,466,703
2018 $39,888 $3,394,714 $1,976,760 $1,417,954
2017 $38,094 $3,249,720 $1,938,000 $1,311,720
2016 $13,742 $1,110,910 $563,794 $547,116
2015 $13,534 $1,094,227 $555,327 $538,900
2014 $13,138 $1,072,797 $544,451 $528,346
Source: Public Records

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