NOT LISTED FOR SALE

509 Nevada St Sausalito, CA 94965

Estimated Value: $1,444,000 - $1,818,324

3 Beds
3 Baths
860 Sq Ft
$1,874/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $1,400,000 $1,628 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,069/month

3 Days on Market

Highlights

  • Built-In Refrigerator
  • View of Hills
  • Traditional Architecture
  • Tamalpais High School Rated A
  • Private Lot
  • 5-minute walk to Marinship Park

About This Home

As of April 2022

Experience great living or take pride of ownership in this investment property in Sausalito, the European City of the San Francico Bay Area. A Rare Duplex in Nevada Street, just off Bridgeway. Two separate, independent and detached houses with their own front and backyards. Four designated parking spaces with a comfortable setback from Nevada. Close to trails, shopping, tennis courts, beaches, kayaking. Call the agents for financials, including the cap rate and tenant estoppel certificates. Great investment in a rising market.

Last Agent to Sell the Property

Heydar Tony Pourian, PhD

W Real Estate License #02036030 Listed on: 03/29/2022

W Real Estate

Co-Listed By

mike monsef

W Real Estate License #01780760

Last Buyer's Agent

Heydar Tony Pourian, PhD

W Real Estate License #02036030 Listed on: 03/29/2022

W Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 5,423 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Private Lot

Home Design

  • Traditional Architecture
  • Side-by-Side
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 3 Bedrooms
  • 860 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Views of Hills
  • Laundry in unit

Kitchen

  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • Uncovered Parking

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 064-343-24

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

5,423 Sq Ft Lot

Listing Details

  • Interior Amenities: Formal Entry
  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Directions To Property: Bridgeway to Nevada
  • Lot Size Acres: 0.1245
  • Stories: 2
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Water Heater, Varies By Unit
  • Price Per Square Foot: 1627.91
  • Square Footage: 860.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete
  • Lot Features: Landscape Back, Landscape Front, Private
  • Property Condition: Original
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard
  • View: Hills

Garage/Parking

  • Parking Features: Detached, Side-by-Side, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, City, Electric, Natural Gas Connected
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 064-343-24
  • Lot Size Sq Ft: 5423.00

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1960

Multi Family

  • 1 Bedroom Rent Range: 2500-3000
  • Two Bedroom Rent Range: 3000-4000
  • Three Bedroom Rent Range: 4000-6000
  • Four Bedroom Rent Range: 5000-8000
  • Number of 1 Bedroom Units: 1
  • NumberOfUnitsTotal: 2

MLS Schools

  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 12, 2022
Sold by
Draxl Living Trust
Bought by
Karen Kissler Family Trust
Seller's Agent
Heydar Tony Pourian, PhD
W Real Estate
Buyer's Agent
Heydar Tony Pourian, PhD
W Real Estate
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,611,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,331
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Draxl Helmut B and Draxl Mary C
Bought by
Draxl Helmut B and Draxl Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2003
Sold by
Draxl Helmut B and Draxl Mary C
Bought by
Draxl Helmut B and Draxl Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Draxl Helmut B and Draxl Mary Coon
Bought by
Draxl Helmut B and Draxl Mary C
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
Karen Kissler Family Trust $1,400,000 Fidelity National Title
Draxl Helmut B -- Stewart Title Of California
Draxl Helmut B -- Stewart Title Of California
Draxl Helmut B -- California Land Title Marin
Draxl Helmut B -- --
Draxl Helmut B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draxl Helmut B $533,850
Previous Owner Draxl Helmut B $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $1,400,000 0.0% $1,628 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,400,000 -- $1,628 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $21,215 $1,485,680 $848,960 $636,720
2024 $20,464 $1,456,560 $832,320 $624,240
2023 $19,722 $1,428,000 $816,000 $612,000
2022 $11,462 $706,255 $309,443 $396,812
2021 $11,305 $692,408 $303,376 $389,032
2020 $11,061 $685,310 $300,266 $385,044
2019 $10,815 $671,876 $294,380 $377,496
2018 $10,270 $658,704 $288,609 $370,095
2017 $10,224 $645,791 $282,951 $362,840
2016 $9,642 $633,131 $277,404 $355,727
2015 $9,646 $623,620 $273,237 $350,383
2014 $9,351 $611,406 $267,885 $343,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322036970

Bay Area Real Estate Information Services (BAREIS)

APN: 064-343-24

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