NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $1,548,988

-- Bed
6 Baths
2,520 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $1,100,000 $437 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,772/month

88 Days on Market

Highlights

  • View of Hills
  • Contemporary Architecture
  • Central Heating
  • Novato High School Rated A-
  • Fenced Yard
  • Garage

About This Home

As of January 2020

Quality side by side duplex in the Ignacio area of Southern Novato. This is the southern most area of Novato and offers a superior commute time. Both units are a 2BR/1.5BA townhouse design of approximately 1,260sf. Each apartment features a 2-car garage with private washer and dryer hookups, forced air heating and individual hot water heaters. There are decks off the dining area and the master bedroom offering views across the valley to the hills beyond. Apartments are separately metered for and tenants pay for their own PG&E. Unit #47 has been extensively remodeled with new kitchen and upgraded baths, carpets, paint, etc. his is a duplicate listing to MLS#21927259 in residential.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 10/21/2019

Golden Gate Sotheby's

Last Buyer's Agent

Falla Associates

Golden Gate Sotheby's Internat License #01255172

Golden Gate Sotheby's Internat

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,754

Year Built

  • Built in 1978

Lot Details

  • 8,323 Sq Ft Lot
  • Fenced Yard

Parking

  • Garage

Property Views

  • Hills
  • Valley

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Concrete Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Central Heating
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 2 Units
  • Gross Income $66,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 150-571-19

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,754

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Townhouses
  • Directions To Property: Ignacio Blvd, Right on Sunset, Right on Merritt, and Left on Shannon.
  • Lot Size Acres: 0.1911
  • Stories: 2
  • CapRate: 4.00
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, OVFR
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 436.51
  • Square Footage: 2520.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Cement
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: Hills, Valley

Garage/Parking

  • Parking Features: CAR7, Garage

Utilities

  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 150-571-19
  • Lot Size Sq Ft: 8323.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1978

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 23, 2020
Sold by
Scheller Kristen and The Scheller Family Trust
Bought by
Scheller Kristen and The Elke Scheller Survivors Tr
Seller's Agent
Michael Burke
Golden Gate Sotheby's
Buyer's Agent
Falla Associates
Golden Gate Sotheby's Internat
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,368,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,997
Avg. Annual Appreciation
3.80%
Original Mortgage
$880,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 15, 2020
Sold by
Scheller Kristen and The Elke Scheller Survivor S T
Bought by
Meyer Van
Seller's Agent
Michael Burke
Golden Gate Sotheby's
Buyer's Agent
Falla Associates
Golden Gate Sotheby's Internat
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1995
Sold by
Scheller Erwin A and Scheller Elke
Bought by
Scheller Erwin A and Scheller Elke
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
Scheller Kristen -- Fidelity National Title Co
Meyer Van $1,100,000 Fidelity National Title Co
Scheller Erwin A -- --
Scheller Erwin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Van $877,500
Closed Meyer Van $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $1,100,000 0.0% $437 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $1,100,000 -- $437 / 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 $15,754 $1,201,899 $732,732 $469,167
2024 $15,754 $1,178,336 $718,367 $459,969
2023 $15,465 $1,155,234 $704,283 $450,951
2022 $15,098 $1,132,585 $690,475 $442,110
2021 $15,082 $1,110,385 $676,941 $433,444
2020 $7,030 $402,521 $122,506 $280,015
2019 $6,548 $394,629 $120,104 $274,525
2018 $6,435 $386,892 $117,750 $269,142
2017 $6,307 $379,307 $115,441 $263,866
2016 $5,906 $371,871 $113,178 $258,693
2015 $5,797 $366,285 $111,478 $254,807
2014 $5,648 $359,110 $109,294 $249,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21927240

Bay Area Real Estate Information Services (BAREIS)

APN: 150-571-19