NOT LISTED FOR SALE

1587 S Novato Blvd Unit 303 Novato, CA 94947

Central Novato Neighborhood

Estimated Value: $573,833 - $598,000

2 Beds
2 Baths
1,175 Sq Ft
$556/mo HOA Fee

Last Sold April 22, 2024

Last sale price $565,000 $481 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,184/month

43 Days on Market

Highlights

  • Unit is on the top floor
  • Spa
  • Clubhouse
  • Novato High School Rated A-
  • View of Hills
  • Contemporary Architecture

About This Home

As of April 2024

Urban Oasis in downtown Novato! This top floor condo was recently painted, newer carpeting installed and boasts a newer dishwasher and microwave for your enjoyment. There is elevator access to this single level condo within the building. Two designated parking spaces, storage units, community pool and spa are available for your new easy living lifestyle. HOA dues include water, trash, recycling and composting. Close to downtown Novato restaurants, coffee shops and grocery stores.

Last Agent to Sell the Property

Kathleen Freitag

Coldwell Banker Realty License #01088070 Listed on: 02/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Mike Stone

Mike Stone Real Estate License #01139380

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 1999

Lot Details

  • 1,237

HOA Fees

  • $556 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Guest Parking
  • Assigned Parking

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony

Utilities

  • No Cooling
  • Central Heating
  • Cable TV Available

Additional Features

  • Landscaped
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 140-461-09

Community Details

Overview

  • Association fees include common areas, elevator, insurance on structure, maintenance exterior, ground maintenance, management, pool, roof, trash, water
  • Edgewater Condominiums Association, Phone Number (707) 285-0612
  • Edgewater Condominiums Subdivision
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,401

Year Built

Built in 1999

Lot Details

0

HOA Fees

$556 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: West on Diablo Blvd-left on S. Novato Blvd-right into parking lot. 2nd building on the left.
  • Lot Size Acres: 0.0284
  • Stories: 1
  • Levels: One
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cook Top, Free Standing Refrigerator, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Price Per Square Foot: 480.85
  • Square Footage: 1175.00
  • Bathrooms: 2
  • Fireplace Features: Living Room
  • Main Level: Bedroom(s), Dining Room, Kitchen, Living Room, Primary Bedroom
  • Spa Features: Spa/Hot Tub Built-In

Exterior Features

  • Lot Features: Landscape Back, Landscape Front
  • ExteriorFeatures: Balcony
  • Pool Features: Common Facility
  • View: Garden/Greenbelt, Hills

Garage/Parking

  • Parking Features: Assigned, Attached, Covered, Guest Parking Available, Interior Access
  • Total Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Inside Area, Laundry Closet, Washer Included

Association/Amenities

  • Unit: 303
  • Association Features: Clubhouse, Greenbelt, Pool, Spa/Hot Tub

Condo/Co-op/Association

  • Association Fee: 556
  • Association Fee Frequency: Monthly
  • Association Name: Edgewater Condominiums
  • Association Phone: (707) 285-0612
  • Location of Unit: Top Floor

Fee Information

  • Association Fee Includes: Common Areas, Elevator, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Pool, Roof, Trash, Water

Lot Info

  • Assessor Parcel Number: 140-461-09
  • Lot Size Sq Ft: 1237.00

Building Info

  • Year Built: 1999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 9, 2024
Sold by
Vertlieb Ian L
Bought by
Gawne Michael and Gawne Socorro
Seller's Agent
Kathleen Freitag
Coldwell Banker Realty
Buyer's Agent
Mike Stone
Mike Stone Real Estate
List Price
$600,000
Sold Price
$565,000
Premium/Discount to List
-$35,000
-5.83%
Views
91
Current Estimated Value
$583,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,208
Avg. Annual Appreciation
2.95%
Original Mortgage
$452,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Vertlieb Darlene J
Bought by
Vertlieb Ian L

Purchase Details

Closed on
Oct 12, 1999
Sold by
Country Club Estates Llc
Bought by
Vertlieb Ian L and Vertlieb Darlene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,400
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Gawne Michael $565,000 Old Republic Title
Gawne Michael $565,000 Old Republic Title
Gawne Socorro -- Old Republic Title
Vertlieb Ian L -- None Available
Vertlieb Ian L $239,500 California Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gawne Michael $452,000
Closed Gawne Socorro $452,000
Previous Owner Vertlieb Ian L $174,000
Previous Owner Vertlieb Ian L $191,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $565,000 -1.7% $481 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $575,000 -4.2% $489 / Sq Ft
02/27/2024 02/27/24 For Sale $600,000 -- $511 / 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 $5,401 $576,300 $290,700 $285,600
2024 $5,401 $360,715 $150,675 $210,040
2023 $5,265 $353,644 $147,721 $205,923
2022 $5,143 $346,711 $144,825 $201,886
2021 $5,134 $339,914 $141,986 $197,928
2020 $5,062 $336,431 $140,531 $195,900
2019 $4,871 $329,835 $137,776 $192,059
2018 $4,795 $323,369 $135,075 $188,294
2017 $4,705 $317,030 $132,427 $184,603
2016 $4,390 $310,815 $129,831 $180,984
2015 $4,314 $306,147 $127,881 $178,266
2014 $4,220 $300,150 $125,376 $174,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324012670

Bay Area Real Estate Information Services (BAREIS)

APN: 140-461-09