S
Seller's Agent in 2022
Steven Level
Berkshire Hathaway
401 Norman Dr Novato, CA 94949
Ignacio Neighborhood
Studio
--
Bath
2,400
Sq Ft
6,970
Sq Ft Lot
About This Home
Located in a high demand rental area in coveted Marin County, this apartment complex provides a great value-add opportunity for a new or experienced investor. Built in 1954, this unique complex is comprised of eight efficient studio units in a single-level building situated on a level lot of just under 7,000 square feet. With under market rents and the potential to implement RUBS utility billing to recapture utility expenses, this property has significant upside potential. The property sits adjacent to the Ignacio Center and Pacheco Plaza Shopping Malls in southern Novato and is located just 20 miles north of San Francisco. The building is also just south of Vintage Oaks Shopping Center, which features retail stores and restaurants including Target, Costco, Starbucks, In-N-Out Burger and HopMonk Tavern.
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2022 01/24/22 | Sold | $1,300,000 | -3.7% | $542 / Sq Ft | View Prior Sale |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- | |
| 11/18/2021 11/18/21 | For Sale | $1,350,000 | -- | $563 / Sq Ft |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $22,916 | $1,379,364 | $482,846 | $896,518 |
| 2024 | $22,433 | $1,352,390 | $473,382 | $879,008 |
| 2023 | $21,943 | $1,325,936 | $464,100 | $861,836 |
| 2022 | $9,957 | $282,895 | $114,496 | $168,399 |
| 2021 | $9,932 | $277,412 | $112,252 | $165,160 |
| 2020 | $9,870 | $274,602 | $111,101 | $163,501 |
| 2019 | $9,056 | $269,282 | $108,923 | $160,359 |
| 2018 | $8,839 | $264,066 | $106,788 | $157,278 |
| 2017 | $8,457 | $245,619 | $104,695 | $140,924 |
| 2016 | $8,055 | $241,260 | $102,643 | $138,617 |
| 2015 | $7,790 | $232,984 | $101,101 | $131,883 |
| 2014 | $7,341 | $223,178 | $99,122 | $124,056 |
Source: Public Records
Agents Affiliated with this Home
Map
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