NOT LISTED FOR SALE

40 Margarita Terrace Novato, CA 94947

Midwest Novato Neighborhood

Estimated Value: $507,828 - $574,000

2 Beds
2 Baths
1,118 Sq Ft
$475/Sq Ft Est. Value

About This Home

This home is located at 40 Margarita Terrace, Novato, CA 94947 and is currently estimated at $530,707, approximately $474 per square foot. 40 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2009
Sold by
Bignardi Patrick J and Bignardi Evelyn
Bought by
Maher Sean Thomas and Kennelly Margaret M
Current Estimated Value
$530,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Outstanding Balance
$66,128
Interest Rate
4.83%
Mortgage Type
FHA
Estimated Equity
$467,965

Purchase Details

Closed on
Jan 3, 2007
Sold by
Landamerica Onestop Inc
Bought by
Bignardi Patrick J and Bignardi Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 2006
Sold by
Hill Tracy
Bought by
Landamerica Onestop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2005
Sold by
Kurtz Hedda
Bought by
Hill Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 1998
Sold by
Ferris Catherine S and Ferris Catherine S
Bought by
Kurtz Hedda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Trahan Timothy
Bought by
Trahan Catherine S and Ferris Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Ferris Leslie H
Bought by
Ferris Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.12%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Ferris Catherine S
Bought by
Ferris Catherine S and Ferris Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.12%

Purchase Details

Closed on
Mar 10, 1994
Sold by
Reynolds Christopher C and Reynolds Florence S
Bought by
Ferris Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.12%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Maher Sean Thomas $246,000 Stewart Title Of California
Bignardi Patrick J $410,000 Cal Land Title
Landamerica Onestop Inc $395,000 None Available
Hill Tracy $450,000 Fidelity National Title Co
Kurtz Hedda $169,000 Old Republic Title Company
Trahan Catherine S -- --
Trahan Catherine S $32,500 --
Ferris Douglas W -- --
Ferris Catherine S -- --
Ferris Catherine S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maher Sean Thomas $101,750
Previous Owner Bignardi Patrick J $328,000
Previous Owner Landamerica Onestop Inc $82,000
Previous Owner Hill Tracy $325,000
Previous Owner Kurtz Hedda $130,000
Previous Owner Kurtz Hedda $133,000
Previous Owner Ferris Catherine S $110,000
Source: Public Records

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 $4,911 $317,519 $156,178 $161,341
2024 $4,911 $311,295 $153,117 $158,178
2023 $4,785 $305,192 $150,115 $155,077
2022 $4,676 $299,209 $147,172 $152,037
2021 $4,669 $293,344 $144,287 $149,057
2020 $4,606 $290,339 $142,809 $147,530
2019 $4,428 $284,646 $140,009 $144,637
2018 $4,359 $279,066 $137,264 $141,802
2017 $4,278 $273,595 $134,573 $139,022
2016 $3,997 $268,232 $131,935 $136,297
2015 $3,928 $264,206 $129,955 $134,251
2014 $3,840 $259,032 $127,410 $131,622
Source: Public Records

Map

California Marin County Novato 94947 Midwest Novato

40 Margarita Terrace, Novato, CA

This home is located at 40 Margarita Terrace, Novato, CA 94947 and is currently estimated at $530,707, approximately $474 per square foot. 40 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.

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.

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