NOT LISTED FOR SALE

Estimated Value: $2,040,000 - $2,626,000

5 Beds
5 Baths
4,232 Sq Ft
$530/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,991,500 $471 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,806/month

23 Days on Market

Highlights

  • Custom Home
  • Gated Community
  • Wood Flooring
  • San Marin High School Rated A-
  • View of Hills
  • 3 Fireplaces

About This Home

As of June 2021

Situated in the exclusive gated community of Lockton Lane, this ultra-private property offers commanding views. Sited on 1.7 acres, this expansive 4200+/- sq. ft, 5 bedroom plus office, 3 full and 2 half bath home is designed with multiple work and entertaining spaces. The home's open concept floor plan features an eat-in kitchen with stainless appliances, an island with wine refrigerator, & breakfast bar with seating, opening to the large family room with slider to the entertaining deck. Work from home in the main level office/optional guest bedroom. Upstairs you will find the large primary suite with sweeping views. All three guest bedrooms are spacious, including one with custom built-ins. The au pair/in-law space with family room, kitchenette, bedroom and full bath is located downstairs and has a separate entrance. Also has A/C, extra storage space, garden beds, circular driveway with extra parking and a 3 car garage. Easy access to highways, wine country, and downtown Novato.

Last Agent to Sell the Property

Julie Widergren

Coldwell Banker Realty License #01402872 Listed on: 04/22/2021

Coldwell Banker Realty

Last Buyer's Agent

Bill Bullock

Golden Gate Sotheby's License #00837358

Golden Gate Sotheby's

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1.72 Acre Lot

Parking

  • 3 Car Attached Garage
  • Uncovered Parking

Home Design

  • Custom Home
  • Craftsman Architecture

Interior Spaces

  • 4,232 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Brick Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage Room
  • Laundry in unit
  • Wood Flooring
  • Views of Hills

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Septic System

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 143-461-02

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Custom
  • Directions To Property: Atherton Ave to School road, right on Crest, right on Lockton
  • Lot Size Acres: 1.7200
  • Stories: 3
  • Levels: Three Or More
  • ArchitecturalStyle: Craftsman
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 3
  • Bedrooms: 5
  • Half Bathrooms: 2
  • Full Bathrooms: 3
  • Flooring: Wood
  • Price Per Square Foot: 470.58
  • Square Footage: 4232
  • Bathrooms: 5.00
  • Fireplace Features: Brick, Gas Starter
  • Room Type: Bonus Room, Dining Room, Great Room, In Law Apartment, Office, Storage
  • Main Level: Kitchen, Partial Bath(s), Street Entrance

Exterior Features

  • Lot Features: Gated Community
  • Pool: No
  • View: Hills

Garage/Parking

  • Parking Features: Attached, Uncovered Parking Spaces 2+
  • Total Parking Spaces: 6
  • Garage Spaces: 3

Utilities

  • Cooling: Central
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Inside Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 143-461-02
  • Lot Size Sq Ft: 74923

Building Info

  • Year Built: 1985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 10, 2021
Sold by
Sommer Jonathan E and Sommer Kristin A
Bought by
Khatchadourian Raffi
Seller's Agent
Julie Widergren
Coldwell Banker Realty
Buyer's Agent
Bill Bullock
Golden Gate Sotheby's
List Price
$1,991,500
Sold Price
$1,991,500
Current Estimated Value
$2,245,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,504
Avg. Annual Appreciation
2.59%
Original Mortgage
$811,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2021
Sold by
Khatchadourian Raffi
Bought by
Raffi Khatchadourian 2021 Trust and Khatchadourian

Purchase Details

Closed on
Jun 25, 2012
Sold by
Coley George S and Coley Melba J
Bought by
Sommer Jonathan E and Sommer Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Coley George S and Coley Melba J
Bought by
Coley George S and Coley Melba J

Purchase Details

Closed on
Jan 15, 2003
Sold by
Coley George S and Coley Melba J
Bought by
Coley George S and Coley Melba J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Coley George S and Coley Melba J
Bought by
Coley George S and Coley Melba J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khatchadourian Raffi $1,991,500 First American Title
Raffi Khatchadourian 2021 Trust -- None Listed On Document
Sommer Jonathan E $1,200,000 Stewart Title Of California
Coley George S -- Lawyers Title Oc
Coley George S -- Fidelity National Title Co
Coley George S -- Fidelity National Title Co
Coley George S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khatchadourian Raffi $811,500
Previous Owner Sommer Jonathan E $960,000
Previous Owner Coley George S $530,000
Closed Coley George S $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $1,991,500 0.0% $471 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,991,500 -- $471 / 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 $25,779 $2,169,164 $1,082,420 $1,086,744
2024 $25,422 $2,126,639 $1,061,200 $1,065,439
2023 $24,940 $2,084,956 $1,040,400 $1,044,556
2022 $24,122 $2,031,330 $1,020,000 $1,011,330
2021 $16,712 $1,365,143 $483,488 $881,655
2020 $16,539 $1,351,152 $478,533 $872,619
2019 $15,853 $1,324,667 $469,153 $855,514
2018 $15,618 $1,298,699 $459,956 $838,743
2017 $15,325 $1,273,235 $450,937 $822,298
2016 $14,165 $1,248,275 $442,097 $806,178
2015 $13,945 $1,229,531 $435,459 $794,072
2014 $13,723 $1,205,447 $426,929 $778,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321027685

Bay Area Real Estate Information Services (BAREIS)

APN: 143-461-02