NOT LISTED FOR SALE

Estimated Value: $1,036,000 - $1,132,000

4 Beds
2.5 Baths
2,130 Sq Ft
$511/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $1,077,000 $506 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,714/month

31 Days on Market

Highlights

  • Solar Power System
  • Midcentury Modern Architecture
  • Main Floor Primary Bedroom
  • San Marin High School Rated A-
  • Wood Flooring
  • Living Room with Attached Deck

About This Home

As of December 2024

Welcome to 1212-1214 2nd Street, located in the flats of Novato. This beautifully updated multi-family property consists of two distinct units, offering an exceptional investment opportunity ideally for an owner-occupant looking to offset costs with rental income from one of the units. Situated in a prime location, it is within walking distance to Trader Joe's shopping ctr and historic downtown Novato, where you'll find shopping, dining, and easy access to transportation. Left side residence, #1214 is accessible with ramp to entry, single-level ground floor unit features 2 bedrooms, 1.5 bathrooms, updated kitchen/baths, newly refinished hardwood flooring, fresh interior paint, tankless water heater, private and spacious backyard with room to garden and a Tuff Shed. Unit #1212, single level on 2nd level (above garages,) includes 2 bedrooms, 1 bathroom, updated kitchen/bath, hardwood floors, and a private yard. EACH unit boasts an oversized one-car garage w/storage, a laundry room with a washer/dryer, separate meters and a mini-split system for heating & air conditioning, dual-pane windows, water filtration system, solar leased solar panels on the roof for low utility bills. Whether you're a homeowner or investor seeking rental income, this fine duplex offers a rare opportunity!

Last Agent to Sell the Property

Kristen Palmer

Compass License #01400854 Listed on: 10/21/2024

Compass

Co-Listed By

John Brannan

Compass License #00855398

Last Buyer's Agent

Miles Daly

Compass License #02005107

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,441

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 7,601 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Concrete Foundation
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,130 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Living Room with Attached Deck
  • Formal Dining Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Low Flow Toliet
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Solar Power System
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number 141-234-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,441

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Attached
  • Directions To Property: Redwood to Olive to right on 2nd St
  • Lot Size Acres: 0.1745
  • ArchitecturalStyle: Mid-Century
  • Second Unit Private Entry: Yes
  • Reso Window Features: Dual Pane Full
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Tankless Water Heater
  • Bedrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Formal Area
  • Living Room Features: Deck Attached
  • Accessibility Features: Accessible Approach with Ramp
  • Flooring: Tile, Wood, Other
  • Square Footage: 2130.00
  • Bathroom Features: Low-Flow Toilet(s), Tub w/Shower Over, Window
  • Bathrooms: 3
  • Kitchen Features: Tile Counter
  • Main Level: Bedroom(s), Full Bath(s), Garage, Kitchen, Primary Bedroom, Street Entrance
  • PrimaryBedroomFeatures: Walk-In Closet

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete Perimeter, Raised
  • Lot Features: Shape Regular
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Full
  • Patio And Porch Features: Uncovered Deck

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Ceiling Fan(s), Central, Whole House Fan, Other
  • Sewer: Public Sewer
  • Utilities: Public, Solar
  • Water Source: Public
  • Heating: Central, Other
  • Laundry Features: Dryer Included, In Garage, Washer Included

Schools

  • School District: Marin
  • Middle/Junior School District: Novato Unified

Lot Info

  • Assessor Parcel Number: 141-234-03
  • Lot Size Sq Ft: 7601.00

Building Info

  • Year Built: 1960

Multi Family

  • Second Unit Estimated Sq Ft: 900
  • Second Unit Bedrooms: 2
  • Second Unit Description: other unit in duplex
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 0
  • Second Unit Rents For: 2000
  • Second Unit Type: Attached

MLS Schools

  • Senior High School District: Novato Unified
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Nov 26, 2024
Sold by
Marifran Mazza 2008 Revocable Intervivos and Mazza Marifran
Bought by
Arefi Ehsan and Toscano Gaia
Seller's Agent
Kristen Palmer
Compass
Buyer's Agent
Miles Daly
Compass
List Price
$1,050,000
Sold Price
$1,077,000
Premium/Discount to List
$27,000
2.57%
Views
10
Current Estimated Value
$1,088,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,335
Avg. Annual Appreciation
1.57%
Original Mortgage
$861,600
Outstanding Balance
$856,101
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$232,234

Purchase Details

Closed on
Mar 8, 2017
Sold by
Mazza Marifran
Bought by
Mazza Marrifran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,123
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2016
Sold by
Mazza Marifran
Bought by
Mazza Marifran

Purchase Details

Closed on
Jul 3, 2012
Sold by
Mazza Marifran and Mazza Marifan
Bought by
Mazza Marifran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,449
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2011
Sold by
Us Bank National Association
Bought by
Mazza Marifan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,361
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2010
Sold by
Cervantes Maria and Cervantes Francisco
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 24, 2006
Sold by
Debaere Jean G and De Baere Elvire
Bought by
Cervantes Francisco and Cervantes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,300
Interest Rate
6.38%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 7, 2003
Sold by
Va
Bought by
Curry Richard and Angulo Sally
Source: Public Records

Range of Values:

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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
Arefi Ehsan $1,077,000 Old Republic Title
Arefi Ehsan $1,077,000 Old Republic Title
Mazza Marrifran -- None Available
Mazza Marifaran -- None Available
Mazza Marifran -- None Available
Mazza Marifran -- First American Title Ins Co
Mazza Marifan $365,000 Fidelity National Title Co
U S Bank National Association $396,625 Accommodation
Cervantes Francisco $721,500 Fidelity National Title Ca
Curry Richard -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arefi Ehsan $861,600
Closed Arefi Ehsan $861,600
Previous Owner Mazza Marifran $510,000
Previous Owner Mazza Marifaran $463,123
Previous Owner Mazaa Marifran $471,300
Previous Owner Mazza Marifran $471,650
Previous Owner Mazza Marifran $476,449
Previous Owner Mazza Marifan $482,361
Previous Owner Cervantes Francisco $144,300
Previous Owner Cervantes Francisco $577,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $1,077,000 0.0% $506 / Sq Ft
12/06/2024 12/06/24 Sold $1,077,000 +2.6% $506 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/21/2024 11/21/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $1,050,000 0.0% $493 / Sq Ft
10/21/2024 10/21/24 For Sale $1,050,000 -- $493 / 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 $8,441 $1,077,000 $600,000 $477,000
2024 $8,441 $531,701 $313,997 $217,704
2023 $8,243 $521,279 $307,842 $213,437
2022 $8,043 $511,059 $301,807 $209,252
2021 $8,029 $501,040 $295,890 $205,150
2020 $7,397 $495,904 $292,857 $203,047
2019 $7,083 $486,185 $287,117 $199,068
2018 $7,464 $476,656 $281,490 $195,166
2017 $7,319 $467,312 $275,972 $191,340
2016 $6,840 $458,151 $270,562 $187,589
2015 $6,715 $451,273 $266,500 $184,773
2014 $6,556 $442,433 $261,280 $181,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324084175

Bay Area Real Estate Information Services (BAREIS)

APN: 141-234-03