Seller's Agent in 2024
Ismael Benhamida
Compass
(408) 373-6195
42 Total Sales
507 Easterby St Sausalito, CA 94965
Sausalito Area
5
Beds
4
Baths
2,516
Sq Ft
5,001
Sq Ft Lot
Highlights
- Marina View
- Wood Flooring
- Walk-In Closet
- Tamalpais High School Rated A
- Granite Countertops
- Gentle Sloping Lot
About This Home
As of March 2024Major Price Reduction! Rarely available fourplex (1 of only 51) in highly prestigious & charming Sausalito. Walking distance to boutiques, restaurants, Golden Gate Bridge, world class hiking trails, & marina & yacht harbor. Lowest $/SqFt in core Sausalito. Scheduled 5.01% Cap Rate & 14.2 GRM. One 2-bed/1-bath w/ bay views and 3 vacant 1-bed/1-bath units. Floor to ceiling windows & hardwood floors. The large 5,000 SqFt lot is 200 ft deep! The massive backyard is unused & ADU consultants have determined that two 2-bed/1-bath ADUs can be added (ADU proposal available). Over $100k spent in past 2 years for 400 amp electrical w/ new panels, copper plumbing upgrades, a new roof, fumigation, paint, & epoxy flooring. Opportunity for new owner to renovate the units to achieve top rents. The rent growth, shortage of housing units, & ADU potential make 507 Easterby Street an exceptional investment for both the cash flow & appreciation minded investor.
Last Buyer's Agent
Dena Bliss
Ascend Real Estate License #02129735
Property Details
Home Type
- Multi-Family
Year Built
- 1913
Lot Details
- 5,001 Sq Ft Lot
- Gentle Sloping Lot
- Grass Covered Lot
- Back Yard
Property Views
- Marina
- Bay
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 2,516 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Parking
- No Garage
- On-Street Parking
Utilities
- Heating Available
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $126,900
Community Details
Overview
Building Details
- 1 Leased Unit
- Insurance Expense $2,150
- Maintenance Expense $2,000
- Utility Expense $7,821
- Trash Expense $1,560
- Operating Expense $35,538
- Gross Income $123,093
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2023
Closed on
Mar 18, 2024
Sold by
Bought by
Seller's Agent
Ismael Benhamida
Compass
Buyer's Agent
Dena Bliss
Ascend Real Estate
List Price
$1,898,000
Sold Price
$1,650,000
Premium/Discount to List
-$248,000
-13.07%
Views
436
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 24, 2023
Closed on
Feb 27, 2024
Sold by
Bought by
Seller's Agent
Ismael Benhamida
Compass
Buyer's Agent
Dena Bliss
Ascend Real Estate
List Price
$1,898,000
Sold Price
$1,650,000
Premium/Discount to List
-$248,000
-13.07%
Views
436
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Interest Rate
0.031%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,650,000 | First American Title | ||
| $1,905,000 | Old Republic Title Company |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $825,000 | ||
| Previous Owner | $799,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $1,650,000 | -5.6% | $656 / Sq Ft |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | Price Changed | $1,748,000 | -7.9% | $695 / Sq Ft |
| 07/24/2023 07/24/23 | For Sale | $1,898,000 | -- | $754 / Sq Ft |
Source: MLSListings
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 | $27,348 | $1,682,968 | $586,500 | $1,096,468 |
| 2024 | $29,932 | $2,021,488 | $716,310 | $1,305,178 |
| 2023 | $29,537 | $1,981,897 | $702,270 | $1,279,627 |
| 2022 | $28,511 | $1,943,068 | $688,500 | $1,254,568 |
| 2021 | $15,461 | $753,093 | $309,438 | $443,655 |
| 2020 | $15,121 | $745,389 | $306,266 | $439,123 |
| 2019 | $14,593 | $730,806 | $300,261 | $430,545 |
| 2018 | $13,494 | $716,510 | $294,375 | $422,135 |
| 2017 | $13,202 | $702,495 | $288,604 | $413,891 |
| 2016 | $12,719 | $688,753 | $282,945 | $405,808 |
| 2015 | $12,723 | $678,431 | $278,695 | $399,736 |
| 2014 | $12,280 | $665,175 | $273,237 | $391,938 |
Source: Public Records
Agents Affiliated with this Home
-
Ismael Benhamida
-
Hanna John Azar
Seller Co-Listing Agent in 2024
Hanna John Azar
Compass
(650) 314-7200
21 Total Sales
-
D
Buyer's Agent in 2024
Dena Bliss
Ascend Real Estate
Map
Source: MLSListings
MLS Number: ML81936023
APN: 064-142-17
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