NOT LISTED FOR SALE

Estimated Value: $1,574,000 - $1,894,000

3 Beds
2 Baths
1,500 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $1,600,000 $1,067 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,587/month

103 Days on Market

Highlights

  • Views of Mount Tamalpais
  • Wood Flooring
  • Separate Outdoor Workshop
  • Sun Valley Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Car Detached Garage

About This Home

As of August 2022

Big price reduction! Extremely rare fixer/development opportunity with massive upside potential located on one of San Rafael's most coveted streets in the historic Forbes neighborhood. Owned by the same family for nearly 60 years this home is set among other fantastic properties on a sunny, level and spacious parcel of approximately 12,470 square feet, offering the perfect scenario to create your forever home. Prime location with nearly endless possibilities in this blissfully quiet and peaceful setting. The home falls within the Sun Valley School District and there's a peek of Mt Tam too. It's just a quick stroll to Marin Academy, and vibrant downtown San Rafael to enjoy great restaurants, night life, farmer's market and terrific community events. This is a very rare offering as beloved properties in this part of Forbes hardly ever hit the market. Location, Location, Location! Here's your chance.

Last Agent to Sell the Property

Craig Burnett

Corcoran Icon Properties License #01155053 Listed on: 04/22/2022

Corcoran Icon Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,646

Year Built

  • Built in 1916

Lot Details

  • 0.29

Parking

  • 1 Car Detached Garage
  • 4 Open Parking Spaces
  • Guest Parking

Property Views

  • Mount Tamalpais
  • Hills

Home Design

  • Fixer Upper

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Circulating Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Features

  • 0.29 Acre Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 011-152-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,646

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: H Street, Turn Right on Forbes Ave, First Left on Quarry. Second driveway on the left.
  • Lot Size Acres: 0.2863
  • Stories: 2
  • Levels: Two
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, Hood Over Range
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Linoleum, Wood
  • Price Per Square Foot: 1066.67
  • Square Footage: 1500.00
  • Bathrooms: 2
  • Fireplace Features: Circulating, Gas Log, Living Room
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Cul-De-Sac
  • Property Condition: Fixer
  • Fencing: Partial
  • OtherStructures: Shed(s), Workshop
  • View: Hills, Mt Tamalpais

Garage/Parking

  • Parking Features: Detached, Guest Parking Available, Uncovered Parking Space
  • Total Parking Spaces: 4.00
  • Garage Spaces: 1.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Fireplace Insert, Fireplace(s)
  • Laundry Features: Inside Area

Lot Info

  • Assessor Parcel Number: 011-152-02
  • Lot Size Sq Ft: 12471.00

Building Info

  • Year Built: 1916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Shaheen George and Shaheen Holly
Bought by
George And Holly Shaheen Living Trust and Shaheen
Current Estimated Value
$1,669,769

Purchase Details

Listed on
Apr 22, 2022
Closed on
Aug 3, 2022
Sold by
Revocabl William M and Revocabl Salina
Bought by
Shaheen George and Shaheen Holly
Seller's Agent
Craig Burnett
Corcoran Icon Properties
List Price
$1,599,000
Sold Price
$1,600,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$900,000
Interest Rate
5.81%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 26, 2021
Sold by
Martin Sherlock William
Bought by
William M And Salina L Sherlock Revocable Tru and Sherloc Salina

Purchase Details

Closed on
Sep 11, 2006
Sold by
Sherlock William M and Sherlock Salina L
Bought by
Sherlock William M and Sherlock Salina L
Source: Public Records

Range of Values:

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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
George And Holly Shaheen Living Trust -- None Listed On Document
Shaheen George $1,600,000 Fidelity National Title
William M And Salina L Sherlock Revocable Tru -- --
Sherlock William M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaheen George $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $1,600,000 +0.1% $1,067 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $1,599,000 0.0% $1,066 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $1,599,000 -10.9% $1,066 / Sq Ft
04/22/2022 04/22/22 For Sale $1,795,000 -- $1,197 / 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 $21,646 $1,664,640 $1,040,400 $624,240
2024 $21,646 $1,632,000 $1,020,000 $612,000
2023 $21,333 $1,600,000 $1,000,000 $600,000
2022 $14,162 $1,100,000 $600,000 $500,000
2021 $2,374 $96,245 $54,350 $41,895
2020 $2,217 $95,259 $53,793 $41,466
2019 $2,189 $93,391 $52,738 $40,653
2018 $2,176 $91,560 $51,704 $39,856
2017 $2,128 $89,765 $50,691 $39,074
2016 $2,039 $88,005 $49,697 $38,308
2015 $1,957 $86,684 $48,951 $37,733
2014 $1,848 $84,972 $47,984 $36,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322036289

Bay Area Real Estate Information Services (BAREIS)

APN: 011-152-02