$399,000
SOLD AUG 22, 2022

8 Oak Grove Dr Unit 201 Novato, CA 94949

Ignacio Neighborhood
2 Beds
1 Bath
1,050 Sq Ft
$489/mo HOA Fee

Recently Sold

$380 Per Sq Ft

25% Below List Price

80 Days on Market

Highlights

  • Clubhouse
  • Deck
  • 1 Car Detached Garage
  • Novato High School Rated A-
  • End Unit
  • Bathroom on Main Level

About This Home

As of August 2022

Welcome to Villa Entrada, a sought-after 55+ community built in 2004. This recently upgraded condo offers spaciousness with almost 1100 sq ft, all on ONE level, with elevator access and sunny balcony. Upgrades include--new appliances; new counter tops, including a sweet farm sink; newly refaced cabinets and soft-closing drawers; new flooring in kitchen and bathroom; new carpet; new vanity in bath. Two bedrooms and one full bath (with stall shower and glass door); inside laundry; air conditioning; covered carport parking and more... Per recorded deed restriction, buyer's gross annual income cannot exceed: $139,450 for 1-person household; $159,350/yr for 2-person household. Property MUST BE owner-occupied and future RESALE amount is restricted.

Last Agent to Sell the Property

Sandy Mahoney

The Madison Company License #01355214 Listed on: 05/31/2022

Last Buyer's Agent

Pamela Asselmeier

Pamela Asselmeier, Broker License #01937944

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 2004 | Remodeled

HOA Fees

  • $489 Monthly HOA Fees

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Separate Shower

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Accessible Elevator Installed
  • Deck
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160-901-19

Community Details

Overview

  • Association fees include common areas, elevator, insurance on structure, ground maintenance, management, roof, trash, water
  • Villa Entrada HOA

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,973

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: Ignacio to Entrada to Oak Grove
  • Lot Size Acres: 0.0241
  • Stories: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Range, Microwave
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Accessibility Features: Accessible Elevator Installed
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 380.00
  • Square Footage: 1050.00
  • Bathroom Features: Shower Stall(s)
  • Bathrooms: 1
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen

Exterior Features

  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Patio And Porch Features: Uncovered Deck

Garage/Parking

  • Parking Features: Assigned, Covered, Detached
  • Total Parking Spaces: 1.00
  • Carport Spaces: 1.00

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Washer/Dryer Stacked Included

Association/Amenities

  • Unit: 201
  • Association Features: Clubhouse

Condo/Co-op/Association

  • Association Fee: 489
  • Association Fee Frequency: Monthly
  • Association Name: Villa Entrada HOA
  • Association Phone: (000) 000-0000
  • Location of Unit: End Unit, Unit Below

Fee Information

  • Association Fee Includes: Common Areas, Elevator, Insurance on Structure, Maintenance Grounds, Management, Roof, Trash, Water

Lot Info

  • Assessor Parcel Number: 160-901-19
  • Lot Size Sq Ft: 1050.00

Building Info

  • Year Built: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 16, 2022
Sold by
Anna L Cavallin Survivors Trust
Bought by
Searcy Cynthia R
Seller's Agent
Sandy Mahoney
The Madison Company
Buyer's Agent
Pamela Asselmeier
Pamela Asselmeier, Broker
List Price
$530,000
Sold Price
$399,000
Premium/Discount to List
-$131,000
-24.72%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$236,000
Outstanding Balance
$225,873
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$228,542

Purchase Details

Closed on
Jul 26, 2010
Sold by
Cavallin Anna L
Bought by
Cavallin Anna L

Purchase Details

Closed on
May 15, 2009
Sold by
Cavallin Alfred and Cavallin Anna L
Bought by
Cavallin Alfred and Cavallin Anna L

Purchase Details

Closed on
Sep 7, 2007
Sold by
Cartwright Joan
Bought by
Cavallin Alfred and Cavallin Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2005
Sold by
Novato Community Partners Llc
Bought by
Cartwright Joan
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 $399,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $390,000 California Land Title Of Mar
Grant Deed $278,000 California Land Title Marin
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,600 New Conventional
Open $236,000 New Conventional
Previous Owner $135,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $439,000 +10.0% $418 / Sq Ft
08/22/2022 08/22/22 Sold $399,000 0.0% $380 / Sq Ft
07/07/2022 07/07/22 Price Changed $399,000 -7.2% $380 / Sq Ft
06/30/2022 06/30/22 Price Changed $430,000 -6.5% $410 / Sq Ft
06/11/2022 06/11/22 Price Changed $460,000 -13.2% $438 / Sq Ft
05/31/2022 05/31/22 For Sale $530,000 -- $505 / 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 $5,973 $415,119 $192,474 $222,645
2024 $5,973 $406,980 $188,700 $218,280
2023 $5,829 $399,000 $185,000 $214,000
2022 $6,474 $482,698 $185,653 $297,045
2021 $6,389 $473,237 $182,014 $291,223
2020 $6,289 $468,385 $180,148 $288,237
2019 $5,988 $450,000 $180,000 $270,000
2018 $5,995 $450,000 $180,000 $270,000
2017 $5,636 $420,000 $150,000 $270,000
2016 $5,458 $432,724 $166,432 $266,292
2015 $5,317 $422,095 $168,800 $253,295
2014 $3,737 $280,000 $112,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322051101

Bay Area Real Estate Information Services (BAREIS)

APN: 160-901-19