NOT LISTED FOR SALE

Estimated Value: $1,141,000 - $1,535,000

4 Beds
3 Baths
2,084 Sq Ft
$639/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $965,000 $463 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,199/month

184 Days on Market

Highlights

  • Contemporary Architecture
  • Accessible Doors
  • Carpet
  • Terra Linda High School Rated A-
  • Guest Parking
  • Wall Furnace

About This Home

As of April 2021

A spacious completely remodeled duplex conveniently located near downtown San Rafael. Each unit is approximately 1,050 square feet. Both tenamts are month to month paying $2,000 per month; market rent is $2,500 for each unit. The parcel of land it sits on is approximately 6,952 square feet. The two units consist of two beds, one bath, with a shower over the tub in each unit. Rents are low with upside potential in rents. Walking distance to the public transportation, shopping and dining. Seller said bring offer. Motivated seller.

Last Agent to Sell the Property

Kameron Izadjou

Golden Gate Properties License #01041696 Listed on: 08/12/2020

Last Buyer's Agent

Glen Barras

Compass License #01136772

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,952

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 2,084 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Carport
  • Guest Parking

Utilities

  • Wall Furnace
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Accessible Doors
  • 6,952 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $48,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, grounds care, sewer, water
  • Assessor Parcel Number 014-012-13

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,952 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Central San Rafael to Irwin
  • Lot Size Acres: 0.1596
  • Stories: 2
  • CapRate: 3.00
  • Signs: No
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator
  • Accessibility Features: Accessible Doors
  • Flooring: Carpet
  • Price Per Square Foot: 463.05
  • Square Footage: 2084
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: CAR7, Carport, Guest Parking Available

Utilities

  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public
  • Heating: Electric, Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 014-012-13
  • Lot Size Sq Ft: 6952

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection, Grounds Care, Sewer, Water

Building Info

  • Year Built: 1973

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Mar 30, 2021
Sold by
Kaur Harjinder
Bought by
Singh Balkar
Seller's Agent
Kameron Izadjou
Golden Gate Properties
Buyer's Agent
Glen Barras
Compass
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,332,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,488
Avg. Annual Appreciation
6.78%
Original Mortgage
$772,000
Outstanding Balance
$694,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$637,726

Purchase Details

Listed on
Aug 12, 2020
Closed on
Mar 29, 2021
Sold by
Singh Didar and Kaur Lakhwinder
Bought by
Ozeran Hannah Ariella Smit and Lan Franco Daniel
Seller's Agent
Kameron Izadjou
Golden Gate Properties
Buyer's Agent
Glen Barras
Compass
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Outstanding Balance
$694,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$637,726

Purchase Details

Closed on
Jan 17, 2019
Sold by
Singh Didar and Kaur Lakhwinder
Bought by
Singh Didar and Kaur Lakhwinder

Purchase Details

Closed on
Apr 26, 2004
Sold by
Yeakey Carl D
Bought by
Singh Didar and Kaur Lakhwinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Singh Balkar -- Old Republic Title
Bidwal Gurdeep Singh -- Old Republic Title Company
Ozeran Hannah Ariella Smit $965,000 Old Republic Title
Singh Didar -- None Available
Singh Didar $630,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozeran Hannah Ariella Smit $772,000
Previous Owner Singh Didar $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $965,000 0.0% $463 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
08/12/2020 08/12/20 For Sale $965,000 -- $463 / 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 $16,274 $1,044,535 $649,452 $395,083
2024 $15,595 $1,024,058 $636,720 $387,338
2023 $15,247 $1,003,986 $624,240 $379,746
2022 $14,463 $984,300 $612,000 $372,300
2021 $14,218 $962,850 $608,556 $354,294
2020 $14,090 $952,985 $602,320 $350,665
2019 $12,075 $802,940 $471,568 $331,372
2018 $11,965 $787,197 $462,322 $324,875
2017 $11,549 $771,762 $453,257 $318,505
2016 $11,171 $756,630 $444,370 $312,260
2015 $10,455 $725,000 $480,000 $245,000
2014 $9,800 $693,000 $462,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22018747

Bay Area Real Estate Information Services (BAREIS)

APN: 014-012-13

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