Seller's Agent in 2025
Rick Trono
Compass
(415) 515-1117
1 in this area
46 Total Sales
1317 Leafwood Dr Novato, CA 94947
Midwest Novato Neighborhood
4
Beds
3
Baths
7,700
Sq Ft
7,850
Sq Ft Lot
Highlights
- Midcentury Modern Architecture
- Engineered Wood Flooring
- Balcony
- Novato High School Rated A-
- Park or Greenbelt View
- Garden
About This Home
As of April 2025Discover an exceptional investment opportunity in Marin County with this 12-unit multifamily apartment complex located in central Novato, CA this property is comprised of 2 two-story buildings. Property Highlights: Unit Mix - 8 spacious 2-bedroom, 1-bath units - 4 comfortable 1-bedroom, 1-bath units. Amenities & Features: On-site laundry room for tenant convenience. Covered carport parking. Individually metered utilities for gas and electric. Prime Location: Located just minutes from Vintage Oaks Shopping Center, tenants enjoy access to popular retailers like Costco, Target, and Starbucks, along with dining favorites such as In-N-Out Burger, Panera Bread and Hopmonk Tavern. The property is ideally positioned 20 miles north of San Francisco and under 25 miles from Sonoma, offering convenience for commuters and weekend adventurers alike. Steady Income & Upside Potential: This apartment complex has a history of high occupancy with minimal tenant turnover, reflecting strong demand in the area. The property offers peace of mind to investors. Chase Bank assumable loan and seller will carry a second.
Last Buyer's Agent
Steven Level
Berkshire Hathaway License #01184232
Property Details
Home Type
- Multi-Family
Lot Details
- 7,850 Sq Ft Lot
- Garden
Home Design
- Midcentury Modern Architecture
- Slab Foundation
- Bitumen Roof
- Wood Siding
- Stucco
Interior Spaces
- 4 Bedrooms
- 7,700 Sq Ft Home
- 2-Story Property
- Park or Greenbelt Views
- Washer and Dryer
Kitchen
- Free-Standing Gas Oven
- Dishwasher
Flooring
- Engineered Wood
- Laminate
- Tile
- Vinyl
Parking
- 8 Parking Spaces
- 6 Covered Spaces
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Window Unit Cooling System
- Wall Furnace
- Master Meter
- Natural Gas Connected
- Property is located within a water district
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV
- Assessor Parcel Number 152-111-17
Community Details
Overview
- 2 Buildings
- 12 Units
Amenities
- Laundry Facilities
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 1, 2025
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
Rick Trono
Compass
Buyer's Agent
Steven Level
Berkshire Hathaway
List Price
$2,195,000
Sold Price
$1,832,500
Premium/Discount to List
-$362,500
-16.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0685%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 28, 2013
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
$845,000
Interest Rate
0.0337%
Mortgage Type
Negative Amortization
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,832,500 | Fidelity National Title Compan | ||
| -- | None Available |
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 |
|---|---|---|---|
| Closed | $200,000 | ||
| Closed | $1,250,000 | ||
| Closed | $860,000 | ||
| Closed | $845,000 | ||
| Closed | $835,000 |
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 |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $1,832,500 | -16.5% | $238 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | For Sale | $2,195,000 | -- | $285 / 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 | $16,372 | $674,538 | $302,319 | $372,219 |
| 2024 | $12,631 | $661,312 | $296,391 | $364,921 |
| 2023 | $12,297 | $648,347 | $290,581 | $357,766 |
| 2022 | $11,977 | $635,637 | $284,884 | $350,753 |
| 2021 | $5,996 | $623,174 | $279,298 | $343,876 |
| 2020 | $11,856 | $616,785 | $276,435 | $340,350 |
| 2019 | $11,606 | $604,692 | $271,015 | $333,677 |
| 2018 | $11,374 | $592,836 | $265,701 | $327,135 |
| 2017 | $11,119 | $581,214 | $260,492 | $320,722 |
| 2016 | $10,474 | $569,819 | $255,385 | $314,434 |
| 2015 | $10,245 | $561,261 | $251,550 | $309,711 |
| 2014 | $9,856 | $541,269 | $246,623 | $294,646 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Trono
-
Charles Turner
C
Seller Co-Listing Agent in 2025
Charles Turner
Glenn Realty Co.
(415) 567-1000
1 in this area
1 Total Sale
-
S
Buyer's Agent in 2025
Steven Level
Berkshire Hathaway
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324092309
APN: 152-111-17
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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