NOT LISTED FOR SALE

7 Banchero Way Fairfax, CA 94930

Estimated Value: $753,000 - $1,002,000

3 Beds
2.5 Baths
1,240 Sq Ft
$520/mo HOA Fee

Last Sold December 14, 2021

Last sale price $830,000 $669 Per Sq Ft

Current estimated payment $5,998/month

7 Days on Market

Highlights

  • Ground Level Unit
  • 2 Car Detached Garage
  • Guest Parking
  • Manor Elementary School Rated A-
  • Living Room
  • Central Heating

About This Home

As of December 2021

Excellent location in the coveted flats of Fairfax. Award winning schools. Spacious light filled townhome on quiet cul-de-sac offering an ideal 3 bedrooms | 2.5 bathroom layout with an open floor plan and seamless indoor/outdoor living. Enjoy the freshly updated kitchen with stainless steel appliances and brand-new counter tops, glass slider to private patio with beautiful Japanese Maple and abundant fruit bearing Meyer Lemon tree, floating staircase to the upper floor with fresh carpet, primary en-suite bedroom with amazing serene views of the mountains and sliding door to balcony, 2 bedrooms/office and full bath, independent 2 car garage with vault ceiling and ample storage. Enjoy this peaceful community surrounded by open space with access to world class trail systems for hiking and biking & the vibrant downtown with its excellent restaurants, classic movie theater and shopping!

Last Agent to Sell the Property

Lotte & Sarah Toftdahl Kowalczyk

Compass License #01744042 Listed on: 11/12/2021

Compass

Last Buyer's Agent

Jodi Spagna

Compass License #02078882

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 4,321

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Guest Parking

Home Design

  • Side-by-Side

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 174-141-17

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, management
  • Village West HOA, Phone Number (925) 405-4900

Recreation

  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: North on Sir Francis Drake. Left on Alhambra Cir.
  • Lot Size Acres: 0.0992
  • Stories: 2
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Price Per Square Foot: 669.35
  • Square Footage: 1240
  • Bathrooms: 3.00
  • Main Level: Dining Room, Garage, Kitchen, Living Room

Exterior Features

  • Lot Features: Flag Lot
  • Pool: No

Garage/Parking

  • Parking Features: Detached, Guest Parking Available, Private, Side-by-Side
  • Total Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: All Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 520
  • Association Fee Frequency: Monthly
  • Association Name: Village West HOA
  • Association Phone: (925) 405-4900
  • Senior Community: No
  • Location of Unit: Ground Floor

Association/Amenities

  • Association Features: Trails, None

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Management

Lot Info

  • Assessor Parcel Number: 174-141-17
  • Lot Size Sq Ft: 4321

Building Info

  • Year Built: 1972

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 3, 2021
Sold by
Desai Dharmesh and Desai Jui Dharmesh
Bought by
Hauserman John M and Ayotte Margaret M
Seller's Agent
Lotte & Sarah Toftdahl Kowalczyk
Compass
Buyer's Agent
Jodi Spagna
Compass
List Price
$768,000
Sold Price
$830,000
Premium/Discount to List
$62,000
8.07%
Current Estimated Value
$830,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826
Avg. Annual Appreciation
0.02%

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 12, 2018
Sold by
Faramarzi Kody
Bought by
Desai Dharmesh and Desai Jui Dharmesh
Seller's Agent
Joaquin Garcia
Outpost Real Estate
Buyer's Agent
Caroline Nelson
Compass
List Price
$642,000
Sold Price
$642,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$513,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2014
Sold by
Faramarzi Kody
Bought by
Faramarzi Kody

Purchase Details

Closed on
Oct 12, 2005
Sold by
Mazda Shahnaz
Bought by
Faramarzi Kody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.26%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 1994
Sold by
Faramarzi Kody and Faramarzi Shirin
Bought by
Faramarzi Kody and Mazda Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hauserman John M $830,000 First American Title Company
Desai Dharmesh $64,200 Fidelity National Title Co
Faramarzi Kody -- None Available
Faramarzi Kody -- First American Title Co
Faramarzi Kody -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Dharmesh $513,600
Previous Owner Faramarzi Kody $359,650
Previous Owner Faramarzi Kody $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $830,000 +8.1% $669 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $768,000 +19.6% $619 / Sq Ft
10/18/2018 10/18/18 Sold $642,000 0.0% $518 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $642,000 -- $518 / 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 $13,955 $880,796 $344,890 $535,906
2024 $13,464 $863,532 $338,130 $525,402
2023 $13,289 $846,600 $331,500 $515,100
2022 $13,131 $830,000 $325,000 $505,000
2021 $10,958 $661,619 $334,932 $326,687
2020 $10,805 $654,840 $331,500 $323,340
2019 $10,502 $642,000 $325,000 $317,000
2018 $3,431 $96,091 $22,168 $73,923
2017 $3,323 $94,207 $21,733 $72,474
2016 $3,171 $92,360 $21,307 $71,053
2015 $3,093 $90,973 $20,987 $69,986
2014 $2,883 $89,191 $20,576 $68,615
Source: Public Records

Agents Affiliated with this Home

  • Jodi Spagna

    Buyer's Agent in 2021

    Jodi Spagna

    Compass

    (415) 461-7200

    1 in this area

    22 Total Sales

    Jodi Spagna
    Section Image

  • J

    Seller's Agent in 2018

    Joaquin Garcia

    Outpost Real Estate

    Section Image
  • Caroline Nelson

    Buyer's Agent in 2018

    Caroline Nelson

    Compass

    (415) 672-0849

    3 in this area

    58 Total Sales

    Caroline Nelson
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321106988

Bay Area Real Estate Information Services (BAREIS)

APN: 174-141-17

California Marin County Fairfax 94930

7 Banchero Way, Fairfax, CA

Not Listed for Sale

Condos

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