NOT LISTED FOR SALE

508 Sausalito Blvd Sausalito, CA 94965

Estimated Value: $1,669,000 - $2,286,523

4 Beds
5 Baths
2,334 Sq Ft
$839/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $1,500,000 $643 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,068/month

11 Days on Market

Highlights

  • Views of San Francisco
  • 3 Car Attached Garage
  • Laundry Facilities
  • Tamalpais High School Rated A
  • Central Heating

About This Home

As of May 2024

Don't miss out on this exceptional investment chance - a unique duplex nestled amidst upscale properties, boasting a rare 3-car garage and offering breathtaking views of the San Francisco skyline, bay, and adjacent hills. This tri-level structure has a cozy 1-bedroom unit on its top floor (currently leased month-to-month) and a much larger 2-story unit beneath, featuring 3 bedrooms, 2 bathrooms, a living room and family room. Each level opens onto nicely renovated decks, providing the perfect backdrop for outdoor relaxation and entertainment. Situated in Sausalito, this property promises an unparalleled lifestyle, combining natural beauty, recreational pursuits, and top-tier dining, all within arm's reach of San Francisco. Priced with value in mind, this investment invites you to realize its full potential by infusing your personal touch and upgrades.

Last Agent to Sell the Property

Craig Burnett

Corcoran Icon Properties License #01155053 Listed on: 04/17/2024

Corcoran Icon Properties

Last Buyer's Agent

Shanis Nelson

Sotheby's International Realty License #01230548

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,186 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Bay
  • San Francisco
  • Hills

Home Design

  • Duplex
  • Concrete Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 4 Bedrooms
  • 2,334 Sq Ft Home
  • 3-Story Property
  • Free-Standing Electric Range

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 065-222-22

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Spencer Avenue to 508 & 510 Sausalito Blvd
  • Lot Size Acres: 0.1420
  • Stories: 3
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Price Per Square Foot: 642.67
  • Square Footage: 2334.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete, Concrete Perimeter
  • Lot Features: None
  • Roof: Tar/Gravel
  • View: Bay, Hills, San Francisco

Garage/Parking

  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.00
  • Garage Spaces: 3.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Common Area, Other

Lot Info

  • Assessor Parcel Number: 065-222-22
  • Lot Size Sq Ft: 6186.00

Multi Family

  • 1 Bedroom Rent Range: $2,500 - $3000
  • Three Bedroom Rent Range: $4,000- $5000
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Apr 30, 2024
Sold by
Horn 2013 Trust and Plambeck 2014 Trust
Bought by
Lo Family Trust and Lo
Seller's Agent
Craig Burnett
Corcoran Icon Properties
Buyer's Agent
Shanis Nelson
Sotheby's International Realty
List Price
$1,295,000
Sold Price
$1,500,000
Premium/Discount to List
$205,000
15.83%
Views
47
Current Estimated Value
$1,958,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,131
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Holub David S
Bought by
Holub David S

Purchase Details

Closed on
Dec 15, 2014
Sold by
Cassidy Plambeck Theresa
Bought by
Cassidy Plambeck Theresa and Plambeck Ronald O

Purchase Details

Closed on
Oct 28, 2014
Sold by
Horn Carl and Horn Martha Joan
Bought by
Horn Carl J and Horn Martha Joan

Purchase Details

Closed on
Jul 20, 2014
Sold by
Cassidy Theresa
Bought by
Cassidy Plambeck Theresa and Horn Carl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lo Family Trust $1,500,000 Fidelity National Title Compan
Holub David S -- Marin Land Title Consulting
Cassidy Plambeck Theresa -- None Available
Horn Carl J -- None Available
Cassidy Plambeck Theresa $360,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $1,500,000 +15.8% $643 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $1,295,000 -- $555 / 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 $21,711 $1,530,000 $918,000 $612,000
2024 $8,354 $388,595 $155,438 $233,157
2023 $8,006 $380,976 $152,390 $228,586
2022 $7,750 $373,484 $149,393 $224,091
2021 $7,629 $366,161 $146,464 $219,697
2020 $7,435 $362,407 $144,962 $217,445
2019 $7,317 $355,302 $142,120 $213,182
2018 $6,836 $348,336 $139,334 $209,002
2017 $6,682 $341,507 $136,602 $204,905
2016 $6,412 $334,812 $133,924 $200,888
2015 $6,348 $329,782 $131,912 $197,870
2014 $6,186 $323,324 $129,329 $193,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324027818

Bay Area Real Estate Information Services (BAREIS)

APN: 065-222-22