NOT LISTED FOR SALE

Estimated Value: $4,853,678

1 Bed
10 Baths
10,488 Sq Ft
$463/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $2,350,000 $224 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $28,809/month

242 Days on Market

Highlights

  • Downtown View
  • Zoned Heating and Cooling
  • 3-minute walk to Albert Park
  • Terra Linda High School Rated A-
  • Laundry Facilities

About This Home

As of April 2024

This home is located at 802 B St, San Rafael, CA 94901 since 10 July 2023 and is currently priced at $4,853,678, approximately $462 per square foot. This property was built in 1986. 802 B St is a home located in Marin County with nearby schools including Coleman Elementary School, James B. Davidson Middle School, and San Rafael High School.

Last Agent to Sell the Property

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 07/10/2023

Last Buyer's Agent

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 07/10/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 4,835

Parking

  • 6 Car Garage
  • Leased Parking

Home Design

  • Mixed Use

Interior Spaces

  • 1 Bedroom
  • 10,488 Sq Ft Home
  • 2-Story Property
  • Downtown Views

Additional Features

  • 4,835 Sq Ft Lot
  • Zoned Heating and Cooling

Community Details

  • 7 Units
  • Laundry Facilities
  • Gross Income $298,644

Listing and Financial Details

  • Assessor Parcel Number 011-262-23

Property Details

Home Type

Multi-Family

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Directions To Property: corner of B Street and 2nd Street
  • Lot Size Acres: 0.1110
  • Stories: 2
  • CapRate: 6.91
  • Actual or Scheduled: Actual
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Price Per Square Foot: 224.07
  • Square Footage: 10488.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Shape Regular
  • Property Condition: Updated/Remodeled
  • View: Downtown

Garage/Parking

  • Parking Features: Leased
  • Total Parking Spaces: 9.00
  • Garage Spaces: 6.00

Utilities

  • Cooling: Central, MultiZone, Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area

Lot Info

  • Assessor Parcel Number: 011-262-23
  • Lot Size Sq Ft: 4835.00

Building Info

  • Year Built: 1986

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 2350-1800
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number of Studio Units: 4
  • NumberOfUnitsTotal: 7
  • Number Studios Occupied: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Apr 4, 2024
Sold by
Jemic Enterprises Llc and Nestegg Inc
Bought by
Beyond The Fence Llc
Seller's Agent
Erich Reichenbach
Marcus & Millichap Real Estate
Buyer's Agent
Erich Reichenbach
Marcus & Millichap Real Estate
List Price
$800,000
Sold Price
$2,350,000
Premium/Discount to List
$1,550,000
193.75%
Views
155
Current Estimated Value
$4,853,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,503,678

Purchase Details

Closed on
Dec 13, 2017
Sold by
Nest Egg Llc
Bought by
Nest Egg Llc

Purchase Details

Closed on
Jul 9, 2012
Sold by
Nest Egg Llc
Bought by
Nest Egg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,288,400
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2005
Sold by
Express Properties Llc
Bought by
Nest Egg Llc and Jemic Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
Hurwin Ron S and Segal Steven C
Bought by
Express Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,062,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 1999
Sold by
Hurwin Duffy
Bought by
Hurwin Ron S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.84%
Mortgage Type
Commercial
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
Beyond The Fence Llc $2,350,000 None Listed On Document
Nest Egg Llc -- Fidelity National Title Co
Nest Egg Llc -- Old Republic Title Company
Nest Egg Llc $2,780,000 Fidelity National Title Co
Express Properties Llc -- California Land Title Co
Hurwin Ron S -- California Land Title
Hurwin Ron S -- California Land Title
Hurwin Ron S -- California Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nest Egg Llc $1,288,400
Previous Owner Nest Egg Llc $1,390,000
Previous Owner Express Properties Llc $2,062,500
Previous Owner Hurwin Ron S $250,000
Previous Owner Hurwin Ron S $1,125,000
Closed Nest Egg Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $2,350,000 +193.8% $224 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $800,000 -66.0% $76 / Sq Ft
02/29/2024 02/29/24 Off Market $2,350,000 -- --
01/23/2024 01/23/24 Price Changed $800,000 -74.8% $76 / Sq Ft
01/05/2024 01/05/24 For Sale $3,175,000 +35.1% $303 / Sq Ft
12/31/2023 12/31/23 Off Market $2,350,000 -- --
10/19/2023 10/19/23 Price Changed $3,175,000 -7.5% $303 / Sq Ft
08/24/2023 08/24/23 Price Changed $3,432,000 -12.0% $327 / Sq Ft
07/10/2023 07/10/23 For Sale $3,900,000 -- $372 / 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 $41,446 $2,396,952 $663,000 $1,733,952
2024 $55,540 $3,726,682 $736,818 $2,989,864
2023 $54,251 $3,653,679 $722,375 $2,931,304
2022 $51,467 $3,582,094 $708,213 $2,873,881
2021 $50,745 $3,511,927 $694,331 $2,817,596
2020 $50,474 $3,475,954 $687,214 $2,788,740
2019 $48,481 $3,407,871 $673,744 $2,734,127
2018 $48,093 $3,341,124 $660,539 $2,680,585
2017 $46,355 $3,275,683 $647,592 $2,628,091
2016 $44,880 $3,211,520 $634,898 $2,576,622
2015 $36,621 $2,597,400 $650,000 $1,947,400
2014 $34,316 $2,502,400 $600,000 $1,902,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323047204

Bay Area Real Estate Information Services (BAREIS)

APN: 011-262-23