NOT LISTED FOR SALE

2 Penny Ln Novato, CA 94947

Central Novato Neighborhood

Estimated Value: $1,437,000 - $1,581,303

5 Beds
3 Baths
3,027 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $1,549,000 $512 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,727/month

43 Days on Market

Highlights

  • Solar Power System
  • Soaking Tub in Primary Bathroom
  • Main Floor Bedroom
  • Novato High School Rated A-
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of March 2024

Welcome to your dream home just minutes away from downtown Novato! Nestled on a private lane, this meticulously maintained 5bed/3bath custom sanctuary offers 3027 sq.ft of pure comfort & luxury living. Step into the sprawling yard adorned with landscape lighting, Tuscan fountain, garden beds, custom shed & potting bench equipped with running water. Entertain guests on the flagstone patio or unwind on the deck's built-in benches, perfect for dining al fresco in Novato's year-round warm weather climate. Inside you'll discover an inviting open kitchen concept boasting KitchenAid appliances including a warming drawer & island with wine fridge. The main floor highlights two living spaces with fireplaces & dining room with a view to the side yard. A convenient bedroom & full bathroom is ideal for guests or as a home office. The 2-car garage features a workbench, built-in shelving and a utility sink. On the upper level, retreat to the spacious primary suite offering a large walk-in closet. Enjoy a luxurious bathroom with dual sinks, tub, & separate stall shower. This optimal floor plan includes 3 additional bedrooms, hall bath with dual sinks & bright laundry room. Built in 2004 by Diego Brothers and ideally situated near excellent restaurants & schools, Hill Recreation Area & more!

Last Agent to Sell the Property

Megan Pomponio

Compass License #01884035 Listed on: 02/07/2024

Compass

Last Buyer's Agent

Mary Kassis

RE/MAX Marketplace License #01972788

RE/MAX Marketplace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,151

Year Built

  • Built in 2004

Lot Details

  • 0.27 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Interior Spaces

  • 3,027 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 140-181-83

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,151

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: S.Novato Blvd, Left Center Rd., Left Penny Lane
  • Lot Size Acres: 0.2726
  • Levels: Two
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cook Top, Warming Drawer, Wine Refrigerator
  • Bedrooms: 5
  • Master Bathroom Features: Double Sinks, Shower Stall(s), Soaking Tub
  • Master Bedroom Features: Walk-In Closet
  • Full Bathrooms: 3
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 511.73
  • Square Footage: 3027.00
  • Bathrooms: 3
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Living Room, Street Entrance

Exterior Features

  • Lot Features: Dead End
  • Fencing: Fenced, Full

Garage/Parking

  • Parking Features: Attached, Garage Facing Front
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central
  • Security Features: Carbon Mon Detector, Fire Alarm, Security System Prewired
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Solar
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Stacked Only, Upper Floor, Washer Included

Lot Info

  • Assessor Parcel Number: 140-181-83
  • Lot Size Sq Ft: 11874.00

Building Info

  • Year Built: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 21, 2024
Sold by
Wilcer 2021 Revocable Trust and Wilcer Bruce L
Bought by
Renold Alexander Joseph and Dandavate Isha Renold
Seller's Agent
Megan Pomponio
Compass
Buyer's Agent
Mary Kassis
RE/MAX Marketplace
List Price
$1,649,000
Sold Price
$1,549,000
Premium/Discount to List
-$100,000
-6.06%
Views
107
Current Estimated Value
$1,538,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,674
Avg. Annual Appreciation
-0.80%
Original Mortgage
$1,050,000
Outstanding Balance
$1,033,609
Interest Rate
5.95%
Mortgage Type
New Conventional
Estimated Equity
$497,902

Purchase Details

Closed on
Nov 12, 2021
Sold by
Wilcer Bruce L
Bought by
Wilcer Bruce L and The Wilcer 2021 Revocable Trus

Purchase Details

Closed on
Mar 11, 2021
Sold by
Wilcer Amy L
Bought by
Wilcer Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2021
Sold by
Wilcer Bruce L and Wilcer Amy L
Bought by
Wilcer Bruce L and Wilcer Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving
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
Renold Alexander Joseph $1,549,000 First American Title
Wilcer Bruce L -- None Available
Wilcer Bruce L -- Servicelink
Wilcer Bruce L -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renold Alexander Joseph $1,050,000
Previous Owner Wilcer Bruce L $230,000
Previous Owner Wilcer Bruce L $561,000
Previous Owner Wilcer Bruce L $619,907
Previous Owner Wilcer Bruce L $626,446
Previous Owner Wilcer Bruce L $602,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $1,549,000 0.0% $512 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/02/2024 03/02/24 Price Changed $1,549,000 -6.1% $512 / Sq Ft
02/07/2024 02/07/24 For Sale $1,649,000 -- $545 / 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 $16,151 $1,579,980 $867,000 $712,980
2024 $16,151 $1,274,397 $546,584 $727,813
2023 $15,825 $1,249,412 $535,868 $713,544
2022 $15,455 $1,224,921 $525,364 $699,557
2021 $15,439 $1,200,906 $515,064 $685,842
2020 $15,185 $1,188,596 $509,784 $678,812
2019 $14,685 $1,165,298 $499,792 $665,506
2018 $14,475 $1,142,458 $489,996 $652,462
2017 $14,218 $1,120,066 $480,392 $639,674
2016 $13,181 $1,098,112 $470,976 $627,136
2015 $11,869 $980,569 $419,230 $561,339
2014 $10,731 $875,509 $374,313 $501,196
Source: Public Records

Agents Affiliated with this Home

  • Megan Pomponio

    Seller's Agent in 2024

    Megan Pomponio

    Compass

    (415) 827-9229

    8 in this area

    75 Total Sales

    Megan Pomponio
    Section Image
  • Mary Kassis

    Buyer's Agent in 2024

    Mary Kassis

    RE/MAX Marketplace

    (707) 477-0821

    1 in this area

    41 Total Sales

    Mary Kassis
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324007439

Bay Area Real Estate Information Services (BAREIS)

APN: 140-181-83

California Marin County Novato 94947 Central Novato

2 Penny Ln, Novato, CA

This home is located at 2 Penny Ln, Novato, CA 94947 since 07 February 2024 and is currently estimated at $1,538,326, approximately $508 per square foot. This property was built in 2004. 2 Penny Ln is a home located in Marin County with nearby schools including Lu Sutton 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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