NOT LISTED FOR SALE

520 Spring St Sausalito, CA 94965

Estimated Value: $1,369,000 - $1,794,000

2 Beds
1 Bath
1,016 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,400,000 $1,378 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,887/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Courtyard
  • Tamalpais High School Rated A
  • Front Porch
  • Living Room

About This Home

As of December 2021

Renovated Craftsman Cottage in Prime Sausalito Location. Next to Restaurants and close to downtown. This lovely 2 bed 1 bath home features spacious kitchen w/ granite countertops & center island, living room & bedroom w/ coffered ceilings, and built-in cabinets in office. Kitchen opens to private garden area perfect for entertaining.

Last Agent to Sell the Property

Eric Schmitt

Coldwell Banker Realty License #02011743 Listed on: 11/15/2021

Coldwell Banker Realty

Last Buyer's Agent

casey belway

Compass License #01487008

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,028

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 3,001 Sq Ft Lot
  • Low Maintenance Yard

Parking

  • No Garage

Home Design

  • Craftsman Architecture
  • Cottage

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Laundry in Kitchen

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Courtyard
  • Front Porch

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 064-135-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,028

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Turn off Bridgeway onto Spring St
  • Lot Size Acres: 0.0689
  • Stories: 1
  • ArchitecturalStyle: Cottage, Craftsman
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Wood
  • Price Per Square Foot: 1377.95
  • Square Footage: 1016.00
  • Bathrooms: 1
  • Kitchen Features: Island
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Low Maintenance
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Uncovered Courtyard
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Kitchen

Schools

  • School District: Marin
  • Elementary School: Larkspur-Corte Madera

Lot Info

  • Assessor Parcel Number: 064-135-05
  • Lot Size Sq Ft: 3001.00

Building Info

  • Year Built: 1914

MLS Schools

  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 20, 2021
Sold by
Schmitt Henry and Schmitt Michelle
Bought by
Bhopti Vispi and Bhopti Meghan Thompson
Seller's Agent
Eric Schmitt
Coldwell Banker Realty
Buyer's Agent
casey belway
Compass
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Current Estimated Value
$1,526,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,476
Avg. Annual Appreciation
2.37%
Original Mortgage
$937,000
Outstanding Balance
$863,878
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$662,598

Purchase Details

Closed on
Mar 14, 2015
Sold by
Phelps William Hensel and Phelps Amanda Peck
Bought by
Henry & Michelle Schmitt Family Trust and Schmitt Michelle

Purchase Details

Listed on
Sep 27, 2013
Closed on
Oct 16, 2013
Sold by
Mellor Jane A
Bought by
Phelps William Hensel and Phelps Amanda Peck
Seller's Agent
Claire Myers
Corcoran Icon Properties
Buyer's Agent
Whitney Potter
Own Marin
List Price
$805,000
Sold Price
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2011
Sold by
Murguia Adam and Murguia Bethanie
Bought by
Mellor Jane A

Purchase Details

Closed on
Aug 18, 2005
Sold by
Mattis Carol
Bought by
Murguia Adam and Murguia Bethanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2004
Sold by
Tina Marie Kleinjan Revocable Trust and Kleinjan Tina Marie
Bought by
Mattis Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Sweeney John Donnelly and John Donnelly Sweeney Revocabl
Bought by
Kleinjan Tina Marie and The Tina Marie Kleinjan Revoca

Purchase Details

Closed on
Jan 8, 2002
Sold by
Kleinjan Tina Marie and Sweency John D
Bought by
Tina Marie Kleinjan Revocable Trust and John D Sweency Revocable Trust

Purchase Details

Closed on
Dec 13, 2000
Sold by
Balestrieri John J and Balestrieri Aundrea R
Bought by
Kleinjan Tina Marie and Sweeney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.5%

Purchase Details

Closed on
Jul 30, 1997
Sold by
Jonathan Wu and Millson Wu Margaret
Bought by
Wu Jonathan S and Millson Wu Margaret
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
Bhopti Vispi $1,400,000 First American Title Company
Henry & Michelle Schmitt Family Trust $980,000 Fidelity National Title Co
Phelps William Hensel $805,000 Old Republic Title Company
Mellor Jane A $610,000 Fidelity National Title Co
Murguia Adam $755,000 --
Mattis Carol $680,000 Old Republic Title Company
Kleinjan Tina Marie $500,000 --
Tina Marie Kleinjan Revocable Trust -- --
Kleinjan Tina Marie $1,000,000 Old Republic Title Company
Wu Jonathan S -- --
Wu Jonathan S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhopti Vispi $937,000
Previous Owner Schmitt Henry $784,000
Previous Owner Phelps William Hensel $300,000
Previous Owner Coleman Jerry P $500,000
Previous Owner Murguia Adam $543,550
Previous Owner Murguia Adam $540,000
Previous Owner Mattis Carol $544,000
Previous Owner Kleinjan Tina Marie $50,000
Previous Owner Kleinjan Tina Marie $800,000
Closed Mattis Carol $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,400,000 -6.4% $1,378 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,495,000 +85.7% $1,471 / Sq Ft
10/21/2013 10/21/13 Sold $805,000 0.0% $792 / Sq Ft
10/12/2013 10/12/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $805,000 -- $792 / 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 $19,028 $1,485,680 $848,960 $636,720
2024 $19,028 $1,456,560 $832,320 $624,240
2023 $18,680 $1,428,000 $816,000 $612,000
2022 $17,994 $1,400,000 $800,000 $600,000
2021 $14,648 $1,088,093 $649,525 $438,568
2020 $14,364 $1,076,941 $642,868 $434,073
2019 $13,995 $1,055,832 $630,267 $425,565
2018 $13,407 $1,035,134 $617,912 $417,222
2017 $13,127 $1,014,838 $605,796 $409,042
2016 $12,547 $994,944 $593,921 $401,023
2015 $10,751 $821,083 $509,990 $311,093
2014 -- $805,000 $500,000 $305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321100133

Bay Area Real Estate Information Services (BAREIS)

APN: 064-135-05