NOT LISTED FOR SALE

7 Madrid Ct Novato, CA 94949

Ignacio Neighborhood

Estimated Value: $644,000 - $750,834

3 Beds
3 Baths
1,349 Sq Ft
$523/mo HOA Fee

Last Sold February 24, 2022

Last sale price $740,000 $549 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,035/month

11 Days on Market

Highlights

  • View of Hills
  • Deck
  • Engineered Wood Flooring
  • Novato High School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of February 2022

Gorgeous 3 bedroom / 3 bath townhome with prime end unit location. Beautifully updated kitchen with brand new Quartz counters and all new stainless steel appliances. Gleaming new floors, new carpet and freshly painted interior. Huge back deck that's great for BBQ's, relaxing or entertaining. Terrific Southern Novato commute location with easy access to great restaurants, Pacheco Plaza Shopping Center, Sonoma County wine country and so much more. Lovely community pool and small complex of only 30 units. Distant views of the hills and 2-car garage as well. This one is a winner.

Last Agent to Sell the Property

Craig Burnett

Corcoran Icon Properties License #01155053 Listed on: 01/10/2022

Corcoran Icon Properties

Co-Listed By

Stephanie Conner

Corcoran Icon Properties License #01924955

Last Buyer's Agent

Mark Machado

Eleven Real Estate License #01449763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,141

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • Low Maintenance Yard

HOA Fees

  • $523 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,349 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Views of Hills

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Energy-Efficient Appliances
  • Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160-820-01

Community Details

Overview

  • Association fees include common areas, insurance, maintenance exterior, ground maintenance, pool, recreation facility, roof
  • 30 Units
  • Ladera Vista Association, Phone Number (855) 877-2472
  • Ladera Vista Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,141

Year Built

Built in 1987

Lot Details

0

HOA Fees

$523 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Semi-Attached
  • Directions To Property: Alameda Del Prado to Posada Del Sol, Right on Madrid
  • Lot Size Acres: 0.0235
  • Stories: 2
  • Levels: Two
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Tub w/Shower Over
  • Full Bathrooms: 3
  • Dining Room Features: Formal Area
  • Living Room Features: Cathedral/Vaulted
  • Flooring: Carpet, Laminate, Simulated Wood, Tile
  • Price Per Square Foot: 548.55
  • Square Footage: 1349.00
  • Bathrooms: 3
  • Fireplace Features: Living Room
  • Kitchen Features: Quartz Counter
  • Room Type: Living Room, Master Bathroom, Master Bedroom
  • Lower Level: Bedroom(s), Full Bath(s), Garage
  • Main Level: Bedroom(s), Full Bath(s), Living Room, Master Bedroom

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation: Concrete
  • Lot Features: Court, Cul-De-Sac, Low Maintenance
  • Roof: Composition
  • Patio And Porch Features: Uncovered Deck
  • Pool Features: Common Facility
  • View: Hills

Garage/Parking

  • Parking Features: Attached, Garage Facing Front
  • Total Parking Spaces: 2.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included

Association/Amenities

  • Association Features: Pool

Condo/Co-op/Association

  • Association Fee: 523
  • Association Fee Frequency: Monthly
  • Association Name: Ladera Vista
  • Association Phone: (855) 877-2472
  • Location of Unit: End Unit

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Exterior, Maintenance Grounds, Pool, Recreation Facility, Roof

Lot Info

  • Assessor Parcel Number: 160-820-01
  • Lot Size Sq Ft: 1024.00

Green Features

  • Energy Efficient: Appliances

Building Info

  • Year Built: 1987

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Jennette Ann-Marie and Jennette Anne-Marie
Bought by
Ann-Marie Living Trust and Jennette
Current Estimated Value
$700,709

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 8, 2022
Sold by
Jared Willis
Bought by
Jennette Ann-Marie
Seller's Agent
Craig Burnett
Corcoran Icon Properties
Buyer's Agent
Mark Machado
Eleven Real Estate
List Price
$667,000
Sold Price
$740,000
Premium/Discount to List
$73,000
10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
Original Mortgage
$616,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2015
Sold by
Pitto Rachelle M
Bought by
Pitto Rachelle M

Purchase Details

Closed on
Oct 24, 2011
Sold by
Pitto Kenneth J and Pitto Rachelle Marie
Bought by
Pitto Kenneth J and Pitto Rachelle Marie

Purchase Details

Closed on
Jul 11, 2011
Sold by
Pitto Kenneth J and Pitto Carole M
Bought by
Pitto Kenneth J and Pitto Rachelle Marie

Purchase Details

Closed on
Feb 5, 2003
Sold by
Pitto Kenneth J and Pitto Carole M
Bought by
Pitto Kenneth J and Pitto Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.24%

Purchase Details

Closed on
Jan 27, 1997
Sold by
Ryan Daniel Jon
Bought by
Ryan Rachelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.74%

Purchase Details

Closed on
Jan 24, 1997
Sold by
Pitto Kenneth J and Pitto Carole M
Bought by
Pitto Kenneth J and Pitto Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.74%
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
Ann-Marie Living Trust -- None Listed On Document
Jennette Ann-Marie -- Fidelity National Title
Jennette Ann-Marie $740,000 Fidelity National Title
Pitto Rachelle M -- None Available
Pitto Kenneth J -- None Available
Pitto Kenneth J -- None Available
Pitto Kenneth J -- Multiple
Ryan Rachelle -- Pacific Coast Title Company
Pitto Kenneth J -- --
Pitto Kenneth J -- Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennette Ann-Marie $616,000
Previous Owner Pitto Kenneth J $154,000
Previous Owner Pitto Kenneth J $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $740,000 +10.9% $549 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $667,000 -- $494 / 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 $10,141 $781,573 $392,644 $388,929
2024 $10,141 $766,254 $384,948 $381,306
2023 $9,924 $751,230 $377,400 $373,830
2022 $5,212 $337,852 $114,348 $223,504
2021 $5,202 $331,228 $112,106 $219,122
2020 $5,130 $327,832 $110,957 $216,875
2019 $4,921 $321,404 $108,781 $212,623
2018 $4,844 $315,101 $106,648 $208,453
2017 $4,754 $308,924 $104,557 $204,367
2016 $4,439 $302,868 $102,508 $200,360
2015 $4,363 $298,320 $100,968 $197,352
2014 -- $292,477 $98,991 $193,486
Source: Public Records

Agents Affiliated with this Home

  • Craig Burnett

    Seller's Agent in 2022

    Craig Burnett

    Corcoran Icon Properties

    (415) 847-8616

    3 in this area

    49 Total Sales

    Craig Burnett
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Stephanie Conner

    Corcoran Icon Properties

    (415) 246-2732

    1 in this area

    10 Total Sales

    Stephanie Conner
    Section Image
  • Mark Machado

    Buyer's Agent in 2022

    Mark Machado

    Eleven Real Estate

    (415) 298-7027

    2 in this area

    73 Total Sales

    Mark Machado
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322001638

Bay Area Real Estate Information Services (BAREIS)

APN: 160-820-01

California Marin County Novato 94949 Ignacio

7 Madrid Ct, Novato, CA

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