NOT LISTED FOR SALE

Estimated Value: $1,149,000 - $1,377,000

-- Bed
6 Baths
2,080 Sq Ft
$599/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $712,000 $342 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,795/month

77 Days on Market

Highlights

  • Contemporary Architecture
  • Engineered Wood Flooring
  • Fireplace
  • San Marin High School Rated A-
  • Fenced Yard
  • 5-minute walk to O'Hair Park

About This Home

As of October 2013

Quality side by side duplex in the desirable San Marin Drive area of Novato. 3BR/2BA and 2BR/2BA. One story, on a level site, with easy accessibility. Individual garages, in-unit laundry rooms, fireplaces, fenced yards, forced air heating and separate water heaters. Built 1970, recently upgraded w/dual pane windows, roof and remodeled kitchens. Ideal for owner occupant, extended family, shared ownership or continued use as income property.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 07/22/2013

Golden Gate Sotheby's

Last Buyer's Agent

Kathryn Sullivan

Inactive Office License #01263092

Inactive Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,149

Year Built

  • Built in 1970

Lot Details

  • 8,751 Sq Ft Lot
  • Fenced Yard

Parking

  • Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating
  • Individual Gas Meter

Community Details

  • 2 Units
  • Gross Income $45,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 124-211-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,149

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: San Marin Drive exit from 101, West to San Carlos (one block before Novato Blvd) left side of street
  • Lot Size Acres: 0.2009
  • Stories: 1
  • CapRate: 4.40
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Simulated Wood
  • Price Per Square Foot: 342.31
  • Square Footage: 2080
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: CAR7, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, WSHD
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 124-211-21
  • Lot Size Sq Ft: 8751

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1970

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2018
Sold by
Barrett Raymond and Barrett Linda
Bought by
Barrett Raymond M and Barrett Linda A
Current Estimated Value
$1,244,920

Purchase Details

Listed on
Jul 22, 2013
Closed on
Oct 2, 2013
Sold by
Avedano Paul R and Avedano Mari
Bought by
Barrett Raymond and Barrett Linda
Seller's Agent
Michael Burke
Golden Gate Sotheby's
Buyer's Agent
Kathryn Sullivan
Inactive Office
List Price
$712,000
Sold Price
$712,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$412,000
Outstanding Balance
$311,310
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$853,033

Purchase Details

Closed on
Aug 21, 2006
Sold by
Falzon Frank J and Falzon Donna M
Bought by
Avedano Paul R and Avedano Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Falzon Frank J and Falzon Donna M
Bought by
Falzon Frank J and Falzon Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 1998
Sold by
Lassart James and Lassart Patricia Delehante
Bought by
Falzon Frank J and Falzon Donna M
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
Barrett Raymond M -- None Available
Barrett Raymond $712,000 Old Republic Title Company
Avedano Paul R $815,000 Old Republic Title Company
Falzon Frank J -- Old Republic Title Company
Falzon Frank J -- Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Raymond $412,000
Previous Owner Avedano Paul R $529,750
Previous Owner Falzon Frank J $413,100
Previous Owner Falzon Frank J $294,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $712,000 0.0% $342 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $712,000 -- $342 / 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 $12,149 $872,775 $465,807 $406,968
2024 $12,149 $855,666 $456,676 $398,990
2023 $11,888 $838,892 $447,723 $391,169
2022 $11,604 $822,444 $438,945 $383,499
2021 $11,588 $806,325 $430,342 $375,983
2020 $11,416 $798,058 $425,930 $372,128
2019 $11,044 $782,416 $417,582 $364,834
2018 $10,872 $767,079 $409,396 $357,683
2017 $10,668 $752,042 $401,371 $350,671
2016 $9,933 $737,296 $393,501 $343,795
2015 $9,761 $726,225 $387,592 $338,633
2014 $9,562 $712,000 $380,000 $332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21316709

Bay Area Real Estate Information Services (BAREIS)

APN: 124-211-21