NOT LISTED FOR SALE

1616 Center Rd Novato, CA 94947

Central Novato Neighborhood

Estimated Value: $1,061,000 - $1,084,000

-- Bed
3 Baths
2,136 Sq Ft
$504/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $651,000 $305 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,744/month

26 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • Side by Side Parking
  • Novato High School Rated A-
  • Attached Garage
  • Accessible Doors

About This Home

As of April 2015

Prime North Marin Investment for owner/user or 1st time investor! This super cute Rancher-style Duplex features side by side Twin apartments with 2 bedrooms, living room/dining combo, updated kitchens & baths, central heating, in-unit laundry, W/W carpets and individual private garden backyards. There is also separate parking garages with storage. Great Location only a few blocks from Downtown Novato Hub. EZ access to 101 Hwy or Public Transport.

Last Agent to Sell the Property

Matthew Hilzendrager

Corcoran Icon Properties License #01371943 Listed on: 03/13/2015

Corcoran Icon Properties

Last Buyer's Agent

Abby Tanem

Coldwell Banker Realty License #01301798

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,072

Year Built

  • Built in 1969

Lot Details

  • 7,653 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Uncovered Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Doors

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 140-360-62

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,072

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Architectural Style: Contemporary, Ranch
  • Accessibility Features: Accessible Doors, Accessible Full Bath, Accessible Kitchen, Parking
  • Levels: One
  • Stories: 1
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, Gas Water Heater, OVFR
  • Flooring: Carpet, LVYN
  • Laundry Features: In Each Unit, Washer/Dryer Owned, WSHD
  • Price Per Square Foot: 304.78
  • Square Footage: 2136.00
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Concrete Perimeter, Slab
  • Patio And Porch Features: PATO
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Attached, CAR3, Covered, Garage, Garage Door Opener, Interior Access, Other, Side-by-Side, Uncovered

Utilities

  • Heating: Central, Electric
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, City
  • Water Source: Public

Association/Amenities

  • Association Features: Other

Fee Information

  • Utilities Expenses: 845

Lot Info

  • Assessor Parcel Number: 140-360-62
  • Lot Features: Garden, Landscape Back, Landscape Front, Shape Regular
  • Lot Size Acres: 0.1757
  • Lot Size Sq Ft: 7653.00
  • Lot Size Units: Acres
  • Price Per Acre: 3705179.28
  • Special Zones: Flood Insurance Required

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 15.68
  • Separate Meters: Electricity

MLS Schools

  • School District: Novato Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2016
Sold by
Dutt Vikram and Dutt Juhi
Bought by
Dutt Revocable Living Trust and Dutt Juhi
Current Estimated Value
$1,076,627

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 8, 2015
Sold by
Castelnuovo David F and Desantis Hope C
Bought by
Dutt Vikram and Dutt Juhi
Seller's Agent
Matthew Hilzendrager
Corcoran Icon Properties
Buyer's Agent
Abby Tanem
Coldwell Banker Realty
List Price
$651,000
Sold Price
$651,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$455,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Aquilino Wayne and Hart Stacy Aquilino
Bought by
Castelnuovo David F and Desantis Hope C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Aquilino Gloria L
Bought by
Aquilino Wayne and Aquilino Stacy

Purchase Details

Closed on
Apr 30, 1996
Sold by
Bettini Mary J
Bought by
Bettini Mary J and Aquilino Gloria L
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
Dutt Revocable Living Trust -- None Available
Dutt Vikram $651,000 Fidelity National Title
Castelnuovo David F $517,000 Cornerstone Title Company
Aquilino Wayne -- None Available
Bettini Mary J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutt Vikram $752,500
Closed Dutt Vikram $455,700
Previous Owner Castelnuovo David F $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $651,000 0.0% $305 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $651,000 -- $305 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $11,072 $782,377 $468,705 $313,672
2024 $11,072 $767,040 $459,517 $307,523
2023 $10,829 $752,002 $450,508 $301,494
2022 $10,571 $737,257 $441,675 $295,582
2021 $10,559 $722,805 $433,017 $289,788
2020 $10,405 $715,396 $428,578 $286,818
2019 $10,041 $701,374 $420,178 $281,196
2018 $9,884 $687,624 $411,941 $275,683
2017 $9,698 $674,142 $403,864 $270,278
2016 $9,034 $660,927 $395,947 $264,980
2015 $7,787 $551,122 $319,800 $231,322
2014 -- $540,327 $313,536 $226,791
Source: Public Records

Agents Affiliated with this Home

  • Matthew Hilzendrager

    Seller's Agent in 2015

    Matthew Hilzendrager

    Corcoran Icon Properties

    (415) 819-3285

    28 Total Sales

    Matthew Hilzendrager
    Section Image
  • Abby Tanem

    Buyer's Agent in 2015

    Abby Tanem

    Coldwell Banker Realty

    (415) 461-3000

    5 in this area

    173 Total Sales

    Abby Tanem
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 21505344

San Francisco Association of REALTORS® MLS

APN: 140-360-62

California Marin County Novato 94947 Central Novato

1616 Center Rd, Novato, CA

This home is located at 1616 Center Rd, Novato, CA 94947 since 13 March 2015 and is currently estimated at $1,076,627, approximately $504 per square foot. This property was built in 1969. 1616 Center Rd is a home located in Marin County with nearby schools including Lu Sutton Elementary School, Novato High School, and Marin Christian Academy and Noah's Ark Preschool.

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.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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