NOT LISTED FOR SALE

Estimated Value: $2,543,000 - $3,087,414

4 Beds
6 Baths
2,520 Sq Ft
$1,081/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2024

Last sale price $2,300,000 $913 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,458 / mo

14 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • Tandem Garage
  • Tamalpais High School Rated A
  • Central Heating

About This Home

As of March 2024

Welcome to this exceptional duplex in charming Old Town Sausalito. This well-maintained building offers a unique opportunity for dual living or investment with two spacious 2-bed, 2-bath view units. Live in one and generate income from the other, or own a wonderful investment property. Views draw you in to the open living, and dining areas, with a balcony extending from the living room to the primary bedroom. The large deck allows for outdoor entertaining or cozy up by the wood-burning fireplace on cold Sausalito days. Enjoy 2-car parking and prime location with easy access to Sausalito's amenities and a quick commute to San Francisco. Experience the best of Sausalito life and investment potential in this remarkable view property.

Last Agent to Sell the Property

Allison Salzer

Compass License #01978463 Listed on: 02/27/2024

Compass

Last Buyer's Agent

Jean Spaulding

Inactive Office License #00688115

Inactive Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,410 Sq Ft Lot

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 4 Bedrooms
  • 2,520 Sq Ft Home
  • 2-Story Property
  • Bay Views
  • Laundry in unit

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Tandem Garage

Utilities

  • No Cooling
  • Central Heating
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 2 Units
  • Gross Income $115,200

Listing and Financial Details

  • Assessor Parcel Number 065-292-31

Property Details

Home Type

Multi-Family

Lot Details

7,410 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: From 2nd street heading north, turn Left on Sausalito, Left on Edwards
  • Lot Size Acres: 0.1701
  • Stories: 2
  • CapRate: 4.60
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator
  • Price Per Square Foot: 912.70
  • Square Footage: 2520.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Shape Regular
  • View: Bay, Water

Garage/Parking

  • Parking Features: Carport, Tandem Garage
  • Total Parking Spaces: 4.00
  • Carport Spaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas

Schools

  • Middle/Junior School District: Sausalito Marin City Schools

Lot Info

  • Assessor Parcel Number: 065-292-31
  • Lot Size Sq Ft: 7410.00

Multi Family

  • Two Bedroom Annual Occupancy: 50
  • Two Bedroom Rent Range: 4500- 5000
  • Number Of2 Bedrooms Occupied: 1
  • NumberOfUnitsTotal: 2

MLS Schools

  • School District (County): Marin

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 19, 2024
Sold by
Bought by
Seller's Agent
Allison Salzer
Compass
Buyer's Agent
Jean Spaulding
Inactive Office
List Price
$1,950,000
Sold Price
$2,300,000
Premium/Discount to List
$350,000
17.95%
Views
93
Current Estimated Value
$2,723,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,104
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
0.0675%

Purchase Details

Closed on
May 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$2,300,000 Old Republic Title
-- None Available
-- None Available
$1,025,000 California Land Title Of Mar
-- California Land Title Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $744,000
Source: Public Records

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
03/29/2024 03/29/24 Sold $2,300,000 +17.9% $913 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,950,000 -- $774 / 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
2026 $31,454 $2,392,920 $1,435,752 $957,168
2025 $31,454 $2,346,000 $1,407,600 $938,400
2024 $20,450 $1,484,446 $941,356 $543,090
2023 $20,018 $1,455,345 $922,902 $532,443
2022 $19,304 $1,426,809 $904,806 $522,003
2021 $19,137 $1,398,838 $887,068 $511,770
2020 $18,928 $1,384,497 $877,974 $506,523
2019 $18,426 $1,357,355 $860,762 $496,593
2018 $18,003 $1,330,746 $843,888 $486,858
2017 $17,486 $1,304,661 $827,346 $477,315
2016 $16,693 $1,279,086 $811,128 $467,958
2015 $16,693 $1,259,878 $798,947 $460,931
2014 $16,178 $1,235,207 $783,302 $451,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324012105

Bay Area Real Estate Information Services (BAREIS)

APN: 065-292-31

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