$975,000
SOLD JAN 13, 2025

1583 Merritt Dr Novato, CA 94949

Midwest Novato Neighborhood
4 Beds
4 Baths
2,544 Sq Ft
9,401 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

15% Below List Price

73 Days on Market

Highlights

  • Additional Residence on Property
  • Contemporary Architecture
  • Separate Entry Quarters
  • Novato High School Rated A-
  • Living Room
  • Bathroom on Main Level

About This Home

As of January 2025

Quality side-by-side duplex nestled in the Sunset Hills Subdivsion located in Igancio - South Novato close to HWY 101, schools, shops and restaurants, but worlds apart. Both units are a 2BR/1.5BA townhouse design of approximately 1,272sf, featuring a 1-car garage, a separate laundry room, forced air heating, and individual water heaters. There are sizeable fenced-in backyard areas for each apartment. Units are separately metered, and tenants pay for their PG&E. Duplicate listing to MLS 32409997 2-4 unit. Great for owner occupant. Ready to move in. Many recent upgrades.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 10/15/2024

Golden Gate Sotheby's

Co-Listed By

Pamela Burke

Golden Gate Sotheby's License #02156257

Last Buyer's Agent

George De Salvo

Compass License #00451249

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,315

Year Built

  • Built in 1979

Lot Details

  • 9,401 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Property Attached
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Additional Homes

  • Additional Residence on Property
  • Separate Entry Quarters

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units
  • Sunset Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 150-571-05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,315

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: 2 Houses on Lot
  • Subtype Description: Attached, Full
  • Directions To Property: Hwy 101 then west on Ignacio Blvd. Turn Right on Sunset Pkwy and another immediately right onto Merritt Dr. The property is just before the street's cul-de-sac on the right-hand side of the street.
  • Lot Size Acres: 0.2158
  • Stories: 2
  • Levels: Two
  • ArchitecturalStyle: Contemporary
  • Second Unit Private Entry: Yes
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 10
  • Square Footage: 2544.00
  • Bathrooms: 4
  • Main Level: Dining Room, Garage, Kitchen, Living Room, Partial Bath(s), Street Entrance

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Curb(s)/Gutter(s), Landscape Back, Landscape Front
  • Roof: Composition
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Parking Features: Garage Door Opener, Garage Facing Front
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Public
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Inside Area

Lot Info

  • Assessor Parcel Number: 150-571-05
  • Lot Size Sq Ft: 9401.00

Building Info

  • Year Built: 1979

Multi Family

  • Number Of Units: 2
  • Second Unit Estimated Sq Ft: 1272
  • Second Unit Bedrooms: 2
  • Second Unit Description: 2BR/1.5BA townhouse
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 1
  • Second Unit Rents For: 2950
  • Second Unit Type: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 8, 2025
Sold by
Erwin A Scheller Decedents Trust and Scheller Kristen
Bought by
Mariani Michael G and Mariani Michael J
Seller's Agent
Michael Burke
Golden Gate Sotheby's
Buyer's Agent
George De Salvo
Compass
List Price
$1,150,000
Sold Price
$975,000
Premium/Discount to List
-$175,000
-15.22%
Views
38
Current Estimated Value
$1,009,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,343
Avg. Annual Appreciation
3.91%
Original Mortgage
$375,000
Outstanding Balance
$373,058
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$622,728

Purchase Details

Closed on
Feb 11, 2020
Sold by
Scheller Kristen and Scheller Family Trust
Bought by
Scheller Kristen and Elke Scheller Decedents Trust

Purchase Details

Closed on
Sep 23, 2003
Sold by
Scheller Erwin S
Bought by
Scheller Erwin A and Scheller Elke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Scheller Erwin A and Scheller Elke
Bought by
Scheller Erwin A and Scheller Elke

Purchase Details

Closed on
Sep 20, 1995
Sold by
Scheller Erwin A and Scheller Elke
Bought by
Scheller Erwin A and Scheller Elke
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $975,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $247,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $975,000 -7.1% $383 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $1,050,000 -8.7% $413 / Sq Ft
10/15/2024 10/15/24 For Sale $1,150,000 -- $452 / 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 $7,315 $433,226 $117,134 $316,092
2024 $7,315 $424,734 $114,838 $309,896
2023 $7,135 $416,408 $112,587 $303,821
2022 $6,960 $408,242 $110,379 $297,863
2021 $6,943 $400,238 $108,215 $292,023
2020 $6,855 $396,136 $107,106 $289,030
2019 $6,493 $388,369 $105,006 $283,363
2018 $6,381 $380,755 $102,947 $277,808
2017 $6,254 $373,290 $100,929 $272,361
2016 $5,857 $365,972 $98,950 $267,022
2015 $5,749 $360,474 $97,464 $263,010
2014 $5,601 $353,415 $95,555 $257,860
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Burke

    Golden Gate Sotheby's

  • P

    Seller Co-Listing Agent in 2025

    Pamela Burke

    Golden Gate Sotheby's

  • G

    Buyer's Agent in 2025

    George De Salvo

    Compass

See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324082344

Bay Area Real Estate Information Services (BAREIS)

APN: 150-571-05

California Marin County Novato 94949 Midwest Novato

1583 Merritt Dr, Novato, CA

This home is located at 1583 Merritt Dr, Novato, CA 94949 and is currently priced at $975,000, approximately $383 per square foot. This property was built in 1979. 1583 Merritt Dr is a home located in Marin County with nearby schools including Lynwood Elementary School, Novato High School, and Marin Christian Academy and North Bay Christian High School.

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.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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