NOT LISTED FOR SALE

32 Margarita Terrace Novato, CA 94947

Midwest Novato Neighborhood

Estimated Value: $529,000 - $673,000

2 Beds
2 Baths
1,183 Sq Ft
$560/mo HOA Fee

Last Sold October 19, 2022

Last sale price $539,000 $456 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,288/month

31 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Novato High School Rated A-
  • Sauna
  • Forced Air Heating System

About This Home

As of October 2022

Tranquility meets convenience in this bright and fresh Central Novato condo. Lush foliage greets you from the oversized windows as you enter the sun-drenched living and dining room. Enjoy the evening breeze on your private patio. The floor plan flows effortlessly from the living area to the two bedrooms, end your day relaxing in the oversized primary suite with a custom walk-in closet. The condo was recently updated and is more than move-in ready! The community boasts many amenities; tennis courts, pool, basketball court, and clubhouse. Not to mention the incredible location, close to Marin trails for hiking and walking, and just minutes to 101. Conveniently located a stone's throw away from Target, Costco, Sports Basement, and more in the Vintage Oaks Shopping Center. One covered parking space included.

Last Agent to Sell the Property

Tannith Patterson

KW Advisors License #01950365 Listed on: 08/21/2022

KW Advisors

Last Buyer's Agent

Charlynn Baumsteiger

Coldwell Banker Realty License #01945066

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,586

Year Built

  • 1979

Lot Details

  • 501

HOA Fees

  • $560 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Overview

  • Association fees include water
  • 110 Units
  • Scottsdale Lake Homeowners Association

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,586

Year Built

1979

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Zoning: R10
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 43
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 110
  • Structure Sq Ft: 1183
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1183
  • Stories: 1
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Pool: Community Facility

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Scottsdale Lake
  • HOA Fees: 560
  • HOA Amenities: Club House, Community Pool, Game Court (Outdoor), Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water
  • HOA Exist: Yes
  • H O A Name Text: Scottsdale Lake Homeowners Association

Schools

  • School District: Novato Unified
  • Elementary School: Lynwood Elementary
  • High School: Novato High
  • High School: 30587
  • Elementary School: 30592

Lot Info

  • Lot Acres: 0.0115
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 502.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 502.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Oct 4, 2022
Sold by
Grobbelaar Abel J
Bought by
Arredondo Ana Laura Ramire
Seller's Agent
Tannith Patterson
KW Advisors
Buyer's Agent
Charlynn Baumsteiger
Coldwell Banker Realty
List Price
$559,000
Sold Price
$539,000
Premium/Discount to List
-$20,000
-3.58%
Views
29
Current Estimated Value
$581,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,220
Avg. Annual Appreciation
1.67%
Original Mortgage
$495,880
Outstanding Balance
$477,868
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$87,894

Purchase Details

Closed on
Jun 6, 2016
Sold by
Albedi Enid
Bought by
Grobbelaar Abel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2000
Sold by
Morris James K and Morris Thomas T Thomas
Bought by
Albedi Enid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.25%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Morris Marilyn W
Bought by
Morris Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arredondo Ana Laura Ramire $539,000 --
Grobbelaar Abel J $425,000 Old Republic Title Company
Albedi Enid $227,000 Fidelity National Title Co
Morris Thomas T -- Old Republic Title Company
Morris James K -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arredondo Ana Laura Ramire $495,880
Previous Owner Grobbelaar Abel J $357,700
Previous Owner Grobbelaar Abel J $382,500
Previous Owner Albedi Enid $114,489
Previous Owner Albedi Enid $138,000
Previous Owner Morris James K $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $539,000 -3.6% $456 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $559,000 -- $473 / Sq Ft
Source: MLSListings

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 $7,586 $558,694 $312,120 $246,574
2024 $7,586 $547,740 $306,000 $241,740
2023 $7,415 $537,000 $300,000 $237,000
2022 $6,656 $474,087 $195,212 $278,875
2021 $6,650 $464,792 $191,385 $273,407
2020 $6,551 $460,028 $189,423 $270,605
2019 $6,343 $451,010 $185,710 $265,300
2018 $6,249 $442,170 $182,070 $260,100
2017 $6,136 $433,500 $178,500 $255,000
2016 $4,309 $294,715 $103,150 $191,565
2015 $4,235 $290,289 $101,601 $188,688
2014 $4,143 $284,603 $99,611 $184,992
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tannith Patterson

    KW Advisors

    Section Image
  • Charlynn Baumsteiger

    Buyer's Agent in 2022

    Charlynn Baumsteiger

    Coldwell Banker Realty

    (415) 302-8996

    3 in this area

    25 Total Sales

    Charlynn Baumsteiger
    Section Image
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Map

Source: MLSListings

MLS Number: ML81904642

MLSListings

APN: 152-350-17

California Marin County Novato 94947 Midwest Novato

32 Margarita Terrace, Novato, CA

This home is located at 32 Margarita Terrace, Novato, CA 94947 since 21 August 2022 and is currently estimated at $581,220, approximately $491 per square foot. This property was built in 1979. 32 Margarita Terrace is a home located in Marin County with nearby schools including Lynwood Elementary School, Novato High School, and Marin Christian Academy and Noah's Ark Preschool.

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