$2,450,000
SOLD OCT 8, 2024
5 Beds
4.5 Baths
4,978 Sq Ft
2.92 Acres

Recently Sold

$492 Per Sq Ft

11% Below List Price

169 Days on Market

Highlights

  • Panoramic View
  • Custom Home
  • 2.92 Acre Lot
  • San Marin High School Rated A-
  • Built-In Refrigerator
  • Fireplace in Primary Bedroom

About This Home

As of October 2024

Experience the epitome of luxury living in this gated, custom estate nestled in a serene cul-de-sac on almost 3 acres in the coveted Indian Oaks, Novato. Discover tranquility and elegance in every corner of this stunning property. A grand two-story entry welcomes you to the impressive main floor offering generously sized rooms including formal living and dining rooms, gorgeous chef's kitchen with expansive island, butler's pantry and high-end appliances including Viking gas range and Sub-Zero refrigerator plus stately family room with fireplace and wet bar. The living room and family room provide outside access through French doors to the beautiful patio area and level yard offering serene views of Mt. Burdell and the surrounding hills. Potential pool site. A guest suite, office and powder room are also offered on the main level. Upstairs you will find the sumptuous primary suite featuring an elegant fireplace and seating area, two walk-in closets and two luxurious primary baths. Two additional bedrooms, one which is en-suite, comprise the upper level. 3 Car garage with additional parking for 6+ cars! The stellar location offers breathtaking, sweeping views. Welcome to your own private oasis!

Last Agent to Sell the Property

Falla Associates

Golden Gate Sotheby's Internat License #01255172 Listed on: 03/20/2024

Golden Gate Sotheby's Internat

Last Buyer's Agent

Falla Associates

Golden Gate Sotheby's Internat License #01255172 Listed on: 03/20/2024

Golden Gate Sotheby's Internat

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,747

Year Built

  • Built in 2000

Lot Details

  • 2.92 Acre Lot
  • Fenced
  • Landscaped
  • Flag Lot
  • Low Maintenance Yard

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Auto Driveway Gate
  • Guest Parking

Property Views

  • Panoramic
  • Mountain
  • Hills
  • Valley

Home Design

  • Custom Home
  • Traditional Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,978 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Concrete Kitchen Countertops
  • Wine Rack

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Closets
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System
  • Front Gate

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Indian Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-311-44

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,747

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Custom, Detached
  • Directions To Property: South Novato Blvd, left of McClay Road, Left on Miwok Drive
  • Lot Size Acres: 2.9200
  • Stories: 2
  • Levels: Two
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Double Oven, Gas Cook Top, Gas Plumbed, Gas Water Heater, Hood Over Range, Ice Maker, Microwave, Plumbed For Ice Maker
  • Number Of Fireplaces: 3
  • Bedrooms: 5
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Dining Room Features: Formal Area
  • Living Room Features: View
  • Flooring: Carpet, Tile
  • Square Footage: 4978.00
  • Bathroom Features: Marble, Shower Stall(s), Tub w/Shower Over
  • Bathrooms: 5
  • Family Room Features: Great Room, View
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Kitchen Features: Breakfast Area, Butlers Pantry, Granite Counter, Island, Kitchen/Family Combo, Pantry Cabinet, Slab Counter
  • Room Type: Dining Room, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Possible Guest, Wine Storage Area
  • Main Level: Bedroom(s), Dining Room, Family Room, Kitchen, Living Room, Partial Bath(s)
  • PrimaryBedroomFeatures: Closet, Sitting Area, Walk-In Closet, Walk-In Closet 2+

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: Cul-De-Sac, Flag Lot, Landscape Front, Low Maintenance
  • Roof: Tile
  • ExteriorFeatures: Entry Gate
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Uncovered Patio
  • View: Hills, Mountains, Panoramic, Valley

Garage/Parking

  • Parking Features: Attached, Covered, Garage Door Opener, Garage Facing Side, Guest Parking Available, Interior Access
  • Total Parking Spaces: 9.00
  • Garage Spaces: 3.00
  • OpenParkingSpaces: 6.00
  • Driveway/Sidewalks: Gated

Utilities

  • Cooling: Central
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Suppression System, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public, Water District
  • Heating: Central, Gas, Natural Gas
  • Laundry Features: Cabinets, Dryer Included, Inside Room, Washer Included

Schools

  • School District: Marin
  • Middle/Junior School District: Novato Unified

Lot Info

  • Assessor Parcel Number: 140-311-44
  • Lot Size Sq Ft: 127195.00

Building Info

  • Year Built: 2000

MLS Schools

  • Senior High School District: Novato Unified
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Aug 29, 2024
Sold by
Franecke Louis S
Bought by
Szeto Maria Mei
Seller's Agent
Falla Associates
Golden Gate Sotheby's Internat
Buyer's Agent
Falla Associates
Golden Gate Sotheby's Internat
List Price
$2,750,000
Sold Price
$2,450,000
Premium/Discount to List
-$300,000
-10.91%
Views
229
Current Estimated Value
$2,607,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,107
Avg. Annual Appreciation
7.32%
Original Mortgage
$1,715,000
Outstanding Balance
$1,697,343
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$909,764

Purchase Details

Closed on
Mar 31, 2020
Sold by
Franecke Louis S
Bought by
Franecke Louis S

Purchase Details

Closed on
Jul 7, 2017
Sold by
Melkonian Rita and Melkonian Rita F
Bought by
Franecke Louis S

Purchase Details

Closed on
Jul 30, 2003
Sold by
Franecke Louis J and Melkonian Rita
Bought by
Franecke Louis S and Melkonian Rita F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2002
Sold by
Franecke Louis S and Franecke Louis
Bought by
Franecke Louis S and Melkonian Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 10, 2001
Sold by
Mesma Construction Inc
Bought by
Franecke Louis
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,450,000 Old Republic Title
Grant Deed -- Fidelity National Title
Deed -- Wfg Lender Services
Interfamily Deed Transfer -- Cal Land Title
Interfamily Deed Transfer -- California Land Title Co
Trustee Deed $444,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Open $1,715,000 New Conventional
Previous Owner $1,143,000 New Conventional
Previous Owner $1,137,000 Adjustable Rate Mortgage/ARM
Previous Owner $970,000 Unknown
Previous Owner $975,000 Unknown
Previous Owner $975,000 Unknown
Previous Owner $975,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $2,450,000 -5.0% $492 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $2,578,000 -6.3% $518 / Sq Ft
07/01/2024 07/01/24 For Sale $2,750,000 +12.2% $552 / Sq Ft
06/30/2024 06/30/24 Off Market $2,450,000 -- --
03/20/2024 03/20/24 For Sale $2,750,000 -- $552 / 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 $26,747 $2,450,000 $980,000 $1,470,000
2024 $26,747 $2,172,358 $716,878 $1,455,480
2023 $26,234 $2,129,773 $702,825 $1,426,948
2022 $25,619 $2,088,014 $689,044 $1,398,970
2021 $25,595 $2,047,078 $675,536 $1,371,542
2020 $24,665 $2,026,093 $668,611 $1,357,482
2019 $24,344 $1,986,374 $655,503 $1,330,871
2018 $24,494 $1,947,434 $642,653 $1,304,781
2017 $23,582 $1,909,258 $630,055 $1,279,203
2016 $21,835 $1,871,833 $617,705 $1,254,128
2015 $21,493 $1,843,724 $608,429 $1,235,295
2014 $21,171 $1,807,619 $596,514 $1,211,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324018810

Bay Area Real Estate Information Services (BAREIS)

APN: 140-311-44