$1,400,000
SOLD NOV 9, 2022
4 Beds
6 Baths
3,354 Sq Ft
4,800 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

6 Days on Market

Highlights

  • Central Heating
  • Washer and Dryer
  • 5-minute walk to Gerstle Park
  • Terra Linda High School Rated A-

About This Home

As of November 2022

Highly sought after duplex in the Gerstle Park neighborhood of San Rafael! Identical side by side units with a very desirable 2 story townhouse style layout. Each unit is 2 bedrooms, 1.5 bathrooms, and a massive 1,677 square feet. 3,354 total square feet. Each downstairs consists of a half bathroom, open kitchen layout, dining area, and a stepped-up living room. Perfect for entertaining. Sliding glass doors connect the living room to the private deck in the backyard. Each upstairs has two oversized bedrooms, each with multiple closets, a full bathroom, linen closet, and a separate laundry room with closets. An additional deck is accessed off the front bedroom with a sliding glass door, allowing a great view overlooking the tree lined street that Gerstle Park is known for. Dual pane windows throughout and a 6 year old roof make this a sound investment, while walking distance to downtown makes this a fantastic home.

Last Agent to Sell the Property

Dan Descalso

Descalso Real Estate License #01951335 Listed on: 10/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,594

Year Built

  • Built in 1964

Lot Details

  • 4,800 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Bitumen Roof

Interior Spaces

  • 3,354 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $68,400

Listing and Financial Details

  • Assessor Parcel Number 012-231-09

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,594

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: 3rd Street to C Street
  • Lot Size Acres: 0.1102
  • Stories: 2
  • CapRate: 3.06
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Price Per Square Foot: 417.41
  • Square Footage: 3354.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: None
  • Roof: Bitumen, Composition

Garage/Parking

  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00
  • Carport Spaces: 2.00

Utilities

  • Cooling: Ductless, Room Air, Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: In Each Unit, Varies By Unit, Washer/Dryer Owned

Lot Info

  • Assessor Parcel Number: 012-231-09
  • Lot Size Sq Ft: 4800.00

Building Info

  • Year Built: 1964

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2700-3000
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 7, 2022
Sold by
Descalso Paul and Descalso Theresa
Bought by
Mascarinas Rhea Lynn and Chantarotwong Nels
Seller's Agent
Dan Descalso
Descalso Real Estate
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
19
Current Estimated Value
$1,372,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,900
Avg. Annual Appreciation
2.14%
Original Mortgage
$1,000,000
Outstanding Balance
$968,506
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$514,830

Purchase Details

Closed on
Sep 11, 2020
Sold by
Descalso Daniel
Bought by
Descalso Paul and Descalso Theresa

Purchase Details

Closed on
Jul 13, 2010
Sold by
Parkhurst Jonathan A
Bought by
Descalso Paul and Descalso Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Shine William
Bought by
Parkhurst Jonathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 1996
Sold by
Lindskog Robert A and Lindskog Eva S
Bought by
Lindskog Robert A and Lindskog Eva M
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 Type Sale Price Title Company
Grant Deed $1,400,000 First American Title
Grant Deed $395,822 First American Title Company
Grant Deed $700,000 First American Title Company
Grant Deed $860,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $487,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $840,000 Negative Amortization
Previous Owner $37,000 Stand Alone Second
Previous Owner $172,000 Stand Alone Second
Previous Owner $688,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $1,400,000 +0.1% $417 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,399,000 -- $417 / 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 $20,594 $1,456,560 $806,310 $650,250
2024 $20,594 $1,428,000 $790,500 $637,500
2023 $20,197 $1,400,000 $775,000 $625,000
2022 $15,708 $1,080,429 $654,126 $426,303
2021 $15,467 $1,059,246 $641,301 $417,945
2020 $12,647 $820,000 $527,143 $292,857
2019 $12,081 $803,928 $516,811 $287,117
2018 $11,972 $788,172 $506,682 $281,490
2017 $11,554 $772,722 $496,750 $275,972
2016 $11,176 $757,574 $487,012 $270,562
2015 $10,685 $746,200 $479,700 $266,500
2014 $10,216 $731,584 $470,304 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322090118

Bay Area Real Estate Information Services (BAREIS)

APN: 012-231-09