$1,600,000
SOLD MAY 13, 2026

16 Wallace Way San Rafael, CA 94903

Terra Linda Neighborhood
4 Beds
3 Baths
2,425 Sq Ft
7,754 Sq Ft Lot Lot

Sale Details

Date Sold: May 13, 2026

$660 Per Sq Ft

12 on Market

Highlights

  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Low Maintenance Yard
  • Vallecito Elementary School Rated A-
  • Recessed Lighting
  • Central Heating

About This Home

As of May 2026

Welcome to 16 Wallace Way, a spacious single level home located minutes from shops, schools and restaurants in the flats of Terra Linda. This 4 bedroom and 3 bath home has been lovingly maintained and beautifully updated. The renovated kitchen features stainless steel appliances, recessed lighting and a breakfast nook. The floorplan is ideal with 3 bedrooms including the primary suite on one side of the home and a second primary suite in the rear. Beyond the bright living room, there is large dining room with fireplace and french doors that lead to a family room or media room. The backyard features a covered patio, perfect for dining outside and a turf lawn. The home also has a large garage with workshop area as well as solar panels on the roof. This home checks all the boxes and is less than 30 minutes to San Francisco.

Last Agent to Sell the Property

Eric Schmitt

Coldwell Banker Realty License #02011743 Listed on: 04/13/2026

Coldwell Banker Realty

Last Buyer's Agent

Chase Fontaine

Coldwell Banker Realty License #01972601

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 7,754 Sq Ft Lot
  • Low Maintenance Yard

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Dining Room with Fireplace
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Central Heating

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

7,754 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Lot Size Acres: 0.178
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: ACLBA01
  • Directions: Nova Albion to Esmeyer. Turn on Devon and then on Wallace Way.
  • Power Production Type: None
  • Special Features: None

Interior Features

  • Basement: None
  • Fireplace Features: Dining Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Lot Features: Low Maintenance

Garage/Parking

  • Parking Features: Attached
  • Garage Spaces: 2
  • OpenParkingSpaces: 2

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Hookups Only, In Garage

Lot Info

  • Lot Size Sq Ft: 7754
  • Land Lease: No

Building Info

  • Year Built: 1962

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2026
Closed on
May 8, 2026
Sold by
Meyers Michelle and Meyers Louis P
Bought by
Lutz Laura
Seller's Agent
Eric Schmitt
Coldwell Banker Realty
Buyer's Agent
Chase Fontaine
Coldwell Banker Realty
List Price
$1,600,000
Sold Price
$1,600,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.36%
Original Mortgage
$1,280,000
Outstanding Balance
$1,280,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$212,717

Purchase Details

Closed on
Apr 25, 2019
Sold by
Meyers Michelle A and Meyers Louis P
Bought by
Meyers Michelle A and Meyers Louis P

Purchase Details

Closed on
Apr 9, 2004
Sold by
Meyers Michelle and Meyers Louis Paul
Bought by
Meyers Louis Paul and Meyers Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,110
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Sandell Natalie and Oceania Immordino 2000 Revocab
Bought by
Hague Michelle and Meyers Louis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Vanbebber Theodore J and Vanbebber Sharon D
Bought by
Vanbebber Theodore J and Vanbebber Sharon D

Purchase Details

Closed on
Oct 12, 2000
Sold by
Oceania Immordino
Bought by
Immordino Oceania and Oceania Immordino 2000 Revocab

Purchase Details

Closed on
Oct 10, 2000
Sold by
Werdel Thomas H and Werdel Thomas Harold
Bought by
Werdel Thomas H and Thomas H Werdel Jr Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Type Sale Price Title Company
Grant Deed $1,600,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $705,000 First Amer Title Co Of Marin
Interfamily Deed Transfer -- California Land Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
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 Loan Amount Loan Type
Open $1,280,000 New Conventional
Previous Owner $566,110 New Conventional
Previous Owner $564,000 Purchase Money Mortgage
Closed $70,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 Sold $1,600,000 0.0% $660 / Sq Ft
04/25/2026 04/25/26 Pending -- -- --
04/13/2026 04/13/26 For Sale $1,600,000 -- $660 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $15,128 $1,051,337 $646,878 $404,459
2024 $14,337 $1,030,728 $634,197 $396,531
2023 $14,305 $1,010,517 $621,762 $388,755
2022 $13,725 $990,706 $609,572 $381,134
2021 $13,092 $971,288 $597,624 $373,664
2020 $13,075 $961,334 $591,500 $369,834
2019 $12,551 $942,485 $579,902 $362,583
2018 $12,396 $924,005 $568,531 $355,474
2017 $11,686 $905,888 $557,384 $348,504
2016 $11,430 $888,126 $546,455 $341,671
2015 $11,141 $874,785 $538,246 $336,539
2014 $9,800 $799,440 $481,751 $317,689
Source: Public Records

Agents Affiliated with this Home

  • Eric Schmitt

    Seller's Agent in 2026

    Eric Schmitt

    Coldwell Banker Realty

    (415) 897-3000

    1 in this area

    74 Total Sales

    Eric Schmitt
    Section Image

  • C

    Buyer's Agent in 2026

    Chase Fontaine

    Coldwell Banker Realty

    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326031103

Bay Area Real Estate Information Services (BAREIS)

APN: 175-054-03

California Marin County San Rafael 94903 Terra Linda

16 Wallace Way, San Rafael, CA

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 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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