NOT LISTED FOR SALE

Estimated Value: $1,012,000 - $1,516,670

4 Beds
3 Baths
1,600 Sq Ft
$759/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $1,100,000 $688 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,813/month

43 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Fenced Yard
  • Terra Linda High School Rated A-
  • Corner Lot
  • 1 Car Direct Access Garage

About This Home

As of November 2023

First time on the market! Looking for an investment property with the possibility of adding an ADU? This centrally located, charming duplex is located close to San Rafael High School, Whole Foods and transportation. Each unit has two bedrooms, One bathroom, living room with fireplace and wood floors throughout most of the units. Freshly painted interior and exterior. Interior backstairs lead to the one car garage and shared laundry area. Front yard is gated and has a mature garden area. Large, level backyard with covered patio, mature trees and outdoor brick BBQ. Upper unit has stairs that lead from the kitchen to the backyard. Plenty of street parking. Per City of San Rafael, the property has probable ADU expansion possibility. Buyer to confirm.

Last Agent to Sell the Property

Terri Dawson

Coldwell Banker Realty License #01152254 Listed on: 09/14/2023

Coldwell Banker Realty

Co-Listed By

Scott Cherry

Coldwell Banker Realty License #00483672

Last Buyer's Agent

Kristofer Chun

LPT Realty License #01870237

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,427

Lot Details

  • 5,475 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Garden

Parking

  • 1 Car Direct Access Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mountain Views
  • Free-Standing Electric Oven
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Parquet

Outdoor Features

  • Outdoor Grill

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • 220 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 014-065-01

Community Details

Overview

  • 2 Units
  • Happy Valley Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,427

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Mission Ave. - Left on Park St. Home is located on the corner of Park and Belle Avenue.
  • Lot Size Acres: 0.1257
  • Stories: 2
  • CapRate: 6.00
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Oven, Free Standing Refrigerator
  • Flooring: Parquet, Wood
  • Price Per Square Foot: 687.50
  • Square Footage: 1600.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Lot Features: Central BBQ, Corner, Garden, Landscape Back, Landscape Front
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard
  • View: Mountains, Varies By Unit

Garage/Parking

  • Parking Features: Garage, Interior Access, Street, Uncovered
  • Total Parking Spaces: 2.00
  • Garage Spaces: 1.00

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Natural Gas Connected
  • Water Source: Public
  • Heating: Central, Fireplace(s), Gas
  • Laundry Features: In Common Area, Washer/Dryer Hookups
  • Separate Meters: Electricity

Schools

  • School District: Marin
  • Elementary School: San Rafael City Schools
  • Middle School: San Rafael City Schools
  • High School: San Rafael City Schools
  • Middle/Junior School District: San Rafael City Schools

Lot Info

  • Assessor Parcel Number: 014-065-01
  • Lot Size Sq Ft: 5475.00

Multi Family

  • Two Bedroom Rent Range: 3000
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

MLS Schools

  • Senior High School District: San Rafael City Schools
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 1, 2023
Sold by
Richard And Mary Obrien Revocable Living
Bought by
Lin-Cesena David and Infante Roxana Lisvet
Seller's Agent
Terri Dawson
Coldwell Banker Realty
Buyer's Agent
Kristofer Chun
LPT Realty
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Total Days on Market
43
Views
51
Current Estimated Value
$1,214,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,168
Avg. Annual Appreciation
6.53%
Original Mortgage
$880,000
Outstanding Balance
$867,889
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$346,279

Purchase Details

Closed on
Jun 30, 2003
Sold by
Obrien Mary C
Bought by
Obrien Mary C

Purchase Details

Closed on
Mar 20, 1997
Sold by
Giuseppina Ferrario
Bought by
Ferrario Giuseppina E and Obrien Mary C
Source: Public Records

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Range of Values:

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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
Lin-Cesena David $1,100,000 First American Title
Obrien Mary C -- --
Obrien Mary C -- --
Ferrario Giuseppina E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin-Cesena David $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $1,100,000 -7.9% $688 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,195,000 -- $747 / 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
2024 $16,427 $1,100,000 $660,000 $440,000
2023 $4,236 $117,823 $44,773 $73,050
2022 $4,121 $115,513 $43,895 $71,618
2021 $4,095 $113,248 $43,034 $70,214
2020 $4,013 $112,057 $42,576 $69,481
2019 $3,930 $109,860 $41,741 $68,119
2018 $3,894 $107,707 $40,923 $66,784
2017 $3,812 $105,596 $40,121 $65,475
2016 $3,671 $103,525 $39,334 $64,191
2015 $3,519 $101,970 $38,743 $63,227
2014 $3,317 $99,974 $37,985 $61,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323909857

Bay Area Real Estate Information Services (BAREIS)

APN: 014-065-01