NOT LISTED FOR SALE

1614 Merritt Dr Novato, CA 94949

Midwest Novato Neighborhood

Estimated Value: $940,000 - $1,490,882

4 Beds
6 Baths
2,544 Sq Ft
$474/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,003,500 $394 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,773/month

213 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Novato High School Rated A-
  • Fenced Yard
  • Landscaped

About This Home

As of March 2021

Quality side by side duplex in the Ignacio area of Southern Novato. Built in 1979, both units are a 2BR/1.5BA townhouse design of approximately 1,272sf. Each apartment features a 1-car garage, laundry room with washer and dryer hookups, forced air heating and individual hot water heaters. A sliding glass door from the dining area leads to a private fenced yard. Apartments are separately metered for and tenants pay for their own PG&E.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 08/18/2020

Golden Gate Sotheby's

Last Buyer's Agent

Bill Johnson

Coldwell Banker Realty License #00688853

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,436

Year Built

  • Built in 1979

Lot Details

  • 8,076 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Concrete Roof

Interior Spaces

  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Central Heating
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 2 Units
  • Gross Income $62,300

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 150-571-25

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,436

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments, Townhouses
  • Directions To Property: From US 101, west on Ignacio Blvd to Sunset Pkwy, then right on Merritt Dr.
  • Lot Size Acres: 0.1854
  • Stories: 2
  • CapRate: 4.20
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum, Wood
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Back, Landscape Front
  • Roof: Cement
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Attached, Garage, Interior Access
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 150-571-25
  • Lot Size Sq Ft: 8076.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1979

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2390-2800
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Mar 12, 2021
Sold by
Kaehler Roger and Kaehler Living Trust
Bought by
Swanson Brian and Trubee Mackenzie G
Seller's Agent
Michael Burke
Golden Gate Sotheby's
Buyer's Agent
Bill Johnson
Coldwell Banker Realty
List Price
$1,003,500
Sold Price
$1,003,500
Current Estimated Value
$1,205,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,221
Avg. Annual Appreciation
4.99%
Original Mortgage
$802,800
Outstanding Balance
$722,916
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$522,032

Purchase Details

Closed on
Jan 1, 2017
Sold by
Hill Sunset
Bought by
Kaehler Roger L and Scheller Paul S

Purchase Details

Closed on
Dec 18, 2007
Sold by
Kaehler Roger L and Kaehler Agnes E
Bought by
Hills Sunset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Kaehler Roger L and Kaehler Agnes
Bought by
Hills Sunset

Purchase Details

Closed on
Dec 3, 2003
Sold by
Kaehler Roger L and Kaehler Agnes E
Bought by
Kaehler Roger L and Kaehler Agnes
Source: Public Records

Range of Values:

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Average Value
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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
Swanson Brian $1,003,500 Old Republic Title Company
Kaehler Roger L -- Old Republic Title Company
Kaehler Roger L -- None Available
Hills Sunset -- Fidelity National Title Co
Kaehler Roger L -- Fidelity National Title Co
Hills Sunset -- --
Kaehler Roger L -- --
Kaehler Roger L -- --
Kaehler Roger L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Brian $802,800
Previous Owner Kaehler Roger L $533,850
Previous Owner Kaehler Roger L $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $1,003,500 0.0% $394 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
08/18/2020 08/18/20 For Sale $1,003,500 -- $394 / 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 $14,436 $1,086,208 $707,361 $378,847
2024 $14,436 $1,064,914 $693,494 $371,420
2023 $14,133 $1,044,041 $679,901 $364,140
2022 $13,798 $1,023,570 $666,570 $357,000
2021 $5,777 $298,943 $91,982 $206,961
2020 $5,709 $295,878 $91,039 $204,839
2019 $5,361 $290,077 $89,254 $200,823
2018 $5,263 $284,390 $87,504 $196,886
2017 $5,155 $278,814 $85,789 $193,025
2016 $4,843 $273,348 $84,107 $189,241
2015 $4,749 $269,244 $82,844 $186,400
2014 $4,615 $263,970 $81,221 $182,749
Source: Public Records

Agents Affiliated with this Home

  • Michael Burke

    Seller's Agent in 2021

    Michael Burke

    Golden Gate Sotheby's

    (415) 424-9835

    4 in this area

    47 Total Sales

    Michael Burke
    Section Image
  • Bill Johnson

    Buyer's Agent in 2021

    Bill Johnson

    Coldwell Banker Realty

    (415) 302-5690

    4 in this area

    90 Total Sales

    Bill Johnson
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22019527

Bay Area Real Estate Information Services (BAREIS)

APN: 150-571-25

California Marin County Novato 94949 Midwest Novato

1614 Merritt Dr, Novato, CA

This home is located at 1614 Merritt Dr, Novato, CA 94949 since 18 August 2020 and is currently estimated at $1,205,721, approximately $473 per square foot. This property was built in 1979. 1614 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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