NOT LISTED FOR SALE

640 Mission Ave San Rafael, CA 94901

Downtown San Rafael Neighborhood

Estimated Value: $1,046,497

-- Bed
4 Baths
1,782 Sq Ft
$587/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $800,000 $449 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,929/month

36 Days on Market

Highlights

  • Fireplace
  • Central Heating
  • Carpet
  • Terra Linda High School Rated A-

About This Home

As of September 2019

Zoned residential/commercial or both. 2 Unit: Immediate Cashflow: Upstairs Owner-Occupied, will rent back. With kitchen re-install downstairs eligible for County-backed affordable housing program at $3550/mo.; 6+ CAP

Last Agent to Sell the Property

James Walsh

RE/MAX Gold License #01083354 Listed on: 07/31/2019

RE/MAX Gold

Last Buyer's Agent

Steve Marsh

Compass License #01944755

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,601

Year Built

  • Built in 1924

Lot Details

  • 4,500

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 1,782 Sq Ft Home
  • Fireplace
  • Carpet
  • Washer and Dryer Hookup

Additional Features

  • 4,500 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 014-011-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,601

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: From 101 S, exit Central San Rafael, right on Mission, building on right.
  • Lot Size Acres: 0.1033
  • CapRate: 6.00
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Victorian
  • Special Features: None

Interior Features

  • Appliances: OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 448.93
  • Square Footage: 1782
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: CAR3, Off Street

Utilities

  • Cooling: Room Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Fireplace(s)
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 014-011-13
  • Lot Size Sq Ft: 4500
  • Price Per Acre: 7744433.69

Building Info

  • Year Built: 1924

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2020
Sold by
Mertens Abraham and Mertens Ivory
Bought by
Mertens Abraham and Madison Ivory
Current Estimated Value
$1,046,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 4, 2019
Sold by
Faas Brigitte
Bought by
Mertens Abraham and Madison Ivory
Seller's Agent
James Walsh
RE/MAX Gold
Buyer's Agent
Steve Marsh
Compass
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 1995
Sold by
Dahlin David L and Dahlin Karen
Bought by
Faas Brigitte Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 1995
Sold by
Vanderheym Jeffrey Neil
Bought by
Faas Brigitte Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
9.2%
Mortgage Type
Commercial
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
Mertens Abraham -- Old Republic Title Company
Mertens Abraham $800,000 Old Republic Title Company
Faas Brigitte Sylvia $295,000 California Land Title Co
Faas Brigitte Sylvia -- California Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madi Abraham $485,000
Closed Madi Abraham $450,000
Closed Meretens Abraham $449,000
Closed Mertens Abraham $648,000
Closed Mertens Abraham $375,000
Closed Mertens Abraham $600,000
Previous Owner Faas Brigitte $130,000
Previous Owner Faas Brigitte $35,000
Previous Owner Faas Brigitte $444,400
Previous Owner Faas Brigitte $114,896
Previous Owner Faas Brigitte $175,000
Previous Owner Faas Brigitte Sylvia $330,000
Previous Owner Faas Brigitte Sylvia $30,000
Previous Owner Faas Brigitte Sylvia $250,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $800,000 0.0% $449 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $800,000 -- $449 / 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 $13,601 $874,903 $486,665 $388,238
2024 $13,601 $857,751 $477,124 $380,627
2023 $13,194 $840,935 $467,770 $373,165
2022 $12,540 $824,447 $458,599 $365,848
2021 $12,362 $808,287 $449,610 $358,677
2020 $12,243 $800,000 $445,000 $355,000
2019 $7,841 $444,163 $203,261 $240,902
2018 $7,770 $435,455 $199,276 $236,179
2017 $7,524 $426,917 $195,369 $231,548
2016 $7,269 $418,548 $191,539 $227,009
2015 $6,954 $412,262 $188,662 $223,600
2014 $6,589 $404,187 $184,967 $219,220
Source: Public Records

Agents Affiliated with this Home

  • James Walsh

    Seller's Agent in 2019

    James Walsh

    RE/MAX Gold

    (415) 492-0100

    36 Total Sales

    James Walsh
    Section Image

  • S

    Buyer's Agent in 2019

    Steve Marsh

    Compass

    (415) 828-9981

    22 Total Sales

    Steve Marsh
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21919776

Bay Area Real Estate Information Services (BAREIS)

APN: 014-011-13

California Marin County San Rafael 94901 Downtown San Rafael

640 Mission Ave, San Rafael, CA

This home is located at 640 Mission Ave, San Rafael, CA 94901 since 31 July 2019 and is currently estimated at $1,046,497, approximately $587 per square foot. This property was built in 1924. 640 Mission Ave is a home located in Marin County with nearby schools including Coleman Elementary School, James B. Davidson Middle School, and San Rafael High School.

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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