NOT LISTED FOR SALE

58 Margarita Terrace Novato, CA 94947

Midwest Novato Neighborhood

Estimated Value: $558,000 - $666,000

2 Beds
2 Baths
1,183 Sq Ft
$560/mo HOA Fee

Last Sold June 14, 2021

Last sale price $549,000 $464 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,477/month

36 Days on Market

Highlights

  • View of Hills
  • Clubhouse
  • Engineered Wood Flooring
  • Novato High School Rated A-
  • Contemporary Architecture
  • Ground Level Unit

About This Home

As of June 2021

Beautifully updated single level 2 bed, 2 full baths condo. Full-size washer and dryer in the unit, community pool, tennis courts, and Scottsdale Lake is close by. Beautiful views! New carpets, fresh paint, new countertops in the kitchen, new fireplace mantle, both baths very recently refreshed, new tiled floors, new blinds etc. Truly gorgeous inside. There are only two steps up to reach the property.

Last Agent to Sell the Property

David O'Brien

Compass License #01832087 Listed on: 04/29/2021

Compass

Co-Listed By

Deirdre O'Brien

Compass License #01990538

Last Buyer's Agent

Michael Wayne Jackson

Luxe Places International Real License #01513285

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,653

Year Built

  • Built in 1979

Lot Details

  • 0.27

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • Central Heating
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Additional Features

  • Balcony
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 152-350-32

Community Details

Overview

  • Association fees include common areas, insurance on structure, maintenance exterior, ground maintenance, management, pool, roof
  • Scottsdale Lake Association, Phone Number (415) 321-8283

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,653

Year Built

Built in 1979

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: 101 to Rowland west, left Redwood Blvd, right on Margarita Ter all the way up.
  • Stories: 1
  • Levels: One
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Simulated Wood, Tile
  • Price Per Square Foot: 464.07
  • Square Footage: 1183
  • Bathrooms: 2.00
  • Fireplace Features: Living Room
  • Kitchen Features: Stone Counter
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Court
  • ExteriorFeatures: Balcony
  • Pool: Yes
  • Pool Features: Common Facility
  • View: Garden/Greenbelt, Hills

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 1

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, Natural Gas Connected
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 560
  • Association Fee Frequency: Monthly
  • Association Name: Scottsdale Lake
  • Association Phone: (415) 321-8283
  • Senior Community: No
  • Location of Unit: Ground Floor

Association/Amenities

  • Association Features: Clubhouse, Pool, Tennis Courts

Fee Information

  • Association Fee Includes: Common Areas, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Pool, Roof

Schools

  • School District: Marin

Lot Info

  • Assessor Parcel Number: 152-350-32

Building Info

  • Year Built: 1979

MLS Schools

  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 3, 2021
Sold by
Miller Lucy Steinkamp
Bought by
Loesch Richard Arthur and Loesch Richard Arthur
Seller's Agent
David O'Brien
Compass
Buyer's Agent
Michael Wayne Jackson
Luxe Places International Real
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$602,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,895
Avg. Annual Appreciation
2.25%
Original Mortgage
$439,200
Outstanding Balance
$399,369
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$203,526

Purchase Details

Closed on
Nov 28, 2000
Sold by
Pena Dolores Jane
Bought by
Miller Lucy Steinkamp
Source: Public Records

Range of Values:

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Average Value
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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
Loesch Richard Arthur $549,000 Fidelity National Title Co
Miller Lucy Steinkamp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loesch Richard Arthur $439,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $549,000 0.0% $464 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $549,000 -- $464 / 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 $7,653 $594,248 $242,462 $351,786
2024 $7,653 $582,598 $237,708 $344,890
2023 $7,725 $571,179 $233,049 $338,130
2022 $7,547 $559,980 $228,480 $331,500
2021 $4,252 $255,538 $78,506 $177,032
2020 $4,197 $252,920 $77,702 $175,218
2019 $4,017 $247,960 $76,178 $171,782
2018 $3,953 $243,099 $74,685 $168,414
2017 $3,880 $238,334 $73,221 $165,113
2016 $3,629 $233,661 $71,785 $161,876
2015 $3,566 $230,152 $70,707 $159,445
2014 $3,483 $225,644 $69,322 $156,322
Source: Public Records

Agents Affiliated with this Home

  • David O'Brien

    Seller's Agent in 2021

    David O'Brien

    Compass

    (415) 805-2900

    8 in this area

    126 Total Sales

    David O'Brien
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Deirdre O'Brien

    Compass

    (415) 948-3197

    10 in this area

    128 Total Sales

    Deirdre O'Brien
    Section Image
  • Michael Wayne Jackson

    Buyer's Agent in 2021

    Michael Wayne Jackson

    Luxe Places International Real

    (415) 483-6009

    4 in this area

    59 Total Sales

    Michael Wayne Jackson
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321031277

Bay Area Real Estate Information Services (BAREIS)

APN: 152-350-32

California Marin County Novato 94947 Midwest Novato

58 Margarita Terrace, Novato, CA

This home is located at 58 Margarita Terrace, Novato, CA 94947 since 29 April 2021 and is currently estimated at $602,895, approximately $509 per square foot. This property was built in 1979. 58 Margarita Terrace is a home located in Marin County with nearby schools including Lynwood Elementary School, Novato High School, and Marin Christian Academy and Noah's Ark Preschool.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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