NOT LISTED FOR SALE
9 Beds
20 Baths
4,338 Sq Ft
6,761 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $1,805,000 $416 Per Sq Ft

26 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Landscaped
  • Novato High School Rated A-
  • Detached Garage
  • Central Heating

About This Home

As of December 2023

This quality fourplex is one of 16 similar properties located along a cul-de-sac street winding up a hillside in the beautiful Pacheco Valley. The Pacheco Valley Open Space Preserve surrounds this cluster of three and four-unit buildings. The Pacheco Villas apartments were built in 1978 as a common interest development. All apartments are oversized and feature fireplaces and a separate laundry room in each apartment. Unlike other buildings in the complex, this features one large three bedroom, two bath unit. Tenants share the use of a swimming pool with the other adjoining buildings. Three of the kitchens have been remodeled. New roof in 2020 and the retaining wall in 2011.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 11/02/2023

Golden Gate Sotheby's

Co-Listed By

Pamela Burke

Golden Gate Sotheby's License #02156257

Last Buyer's Agent

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 11/02/2023

Golden Gate Sotheby's

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 6,761 Sq Ft Lot
  • Landscaped

HOA Fees

  • $1,427 Monthly HOA Fees

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 4,338 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Parking

  • Detached Garage
  • 4 Carport Spaces

Utilities

  • No Cooling
  • Central Heating
  • Individual Gas Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 160-581-03

Community Details

Overview

  • Association fees include common areas, homeowners insurance, insurance, insurance on structure, ground maintenance, pool, road, trash
  • 4 Units
  • Pacheco Villa Association
  • Pacheco Villas Subdivision
  • Greenbelt

Recreation

  • Community Pool

Building Details

  • Gross Income $120,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$1,427 per month

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Northbound, the Nave Drive exit. The first after San Rafael. Straight at stop sign up Clay Ct to Grass Ct.
  • Lot Size Acres: 0.1552
  • Stories: 2
  • CapRate: 4.40
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
  • Price Per Square Foot: 416.09
  • Square Footage: 4338.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Back, Landscape Front
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, Detached
  • Carport Spaces: 4.00

Utilities

  • Cooling: Ceiling Fan(s), None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Association Features: Pool, Yard Space

Condo/Co-op/Association

  • Association Fee: 1427
  • Association Fee Frequency: Monthly
  • Association Name: Pacheco Villa
  • Association Phone: (111) 111-1111

Fee Information

  • Association Fee Includes: Common Areas, Homeowners Insurance, Insurance, Insurance on Structure, Maintenance Grounds, Pool, Road, Trash

Lot Info

  • Assessor Parcel Number: 160-581-03
  • Lot Size Sq Ft: 6761.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1978

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2450-2570
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 2500
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,805,000 +2.0% $416 / Sq Ft
11/02/2023 11/02/23 For Sale $1,770,000 -- $408 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323922681

Bay Area Real Estate Information Services (BAREIS)

APN: 160-581-03