$1,072,500
SOLD MAR 7, 2025

860 Olima St Sausalito, CA 94965

2 Beds
2.5 Baths
1,449 Sq Ft
$895/mo HOA Fee

Recently Sold

$740 Per Sq Ft

28% Below List Price

215 Days on Market

Highlights

  • Bay View
  • Enclosed Parking
  • Central Heating
  • Tamalpais High School Rated A
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of March 2025

What a sensational place to live with breathtaking views of The Bay! This incredible light and bright floor plan allows for fabulous entertaining with a wood-burning fireplace or for complete relaxation. This calming property has an open floor plan with living room, dining room, kitchen and half bathroom on the first floor , complete with an amazing deck to soak in the gorgeous vistas. There is a Balcony off the kitchen too. The upstairs features an office nook, primary suite with spacious bathroom, additional full bathroom, bedroom and washer and dryer. There is an attached spacious two car garage. Enjoy this well maintained HOA. This amazing gem is close to the dog park, delicious restaurants, shopping, and much more! Welcome to 860 Olima Street, where you won't want to leave! This beauty is simply turn-key!

Last Agent to Sell the Property

Toni Shroyer

Coldwell Banker Realty License #01876201 Listed on: 07/25/2024

Coldwell Banker Realty

Last Buyer's Agent

Kevin Wakelin

Compass License #01935159

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,876

Year Built

  • Built in 1987

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Enclosed Parking
  • Front Facing Garage

Property Views

  • Bay
  • Bridge
  • Hills
  • Park or Greenbelt

Home Design

  • Side-by-Side

Interior Spaces

  • 1,449 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Central Heating

Community Details

  • Association fees include common areas, homeowners insurance, insurance, maintenance exterior, ground maintenance, management, roof, sewer
  • 23 Units
  • Terraces Of Sausalito HOA, Phone Number (415) 383-8400

Listing and Financial Details

  • Assessor Parcel Number 063-180-09

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,876

Year Built

Built in 1987

Lot Details

0

HOA Fees

$895 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: Bridgeway to Ebbtide, R-Ross L-Stanford Way, L-on Olima. Park on Olima not in front of the unit.
  • Lot Size Acres: 0.0344
  • Stories: 3
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Square Footage: 1449.00
  • Bathrooms: 3
  • Fireplace Features: Living Room
  • Main Level: Dining Room, Kitchen, Living Room

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Bay, Bridges, Hills, Park, Water

Garage/Parking

  • Parking Features: Attached, Enclosed, Garage Facing Front, Side-by-Side
  • Total Parking Spaces: 2.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Washer Included

Association/Amenities

  • Association Features: None

Condo/Co-op/Association

  • Association Fee: 895
  • Association Fee Frequency: Monthly
  • Association Name: Terraces of Sausalito HOA
  • Association Phone: (415) 383-8400
  • Location of Unit: Other

Fee Information

  • Association Fee Includes: Common Areas, Homeowners Insurance, Insurance, Maintenance Exterior, Maintenance Grounds, Management, Roof, Sewer

Lot Info

  • Assessor Parcel Number: 063-180-09
  • Lot Size Sq Ft: 1498.00

Building Info

  • Year Built: 1987

Multi Family

  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Feb 27, 2025
Sold by
Wakelin Kevin M
Bought by
Kevin M Wakelin Living Trust and Wakelin
Seller's Agent
Toni Shroyer
Coldwell Banker Realty
Buyer's Agent
Kevin Wakelin
Compass
List Price
$1,495,000
Sold Price
$1,072,500
Premium/Discount to List
-$422,500
-28.26%
Views
238
Current Estimated Value
$1,109,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,563
Avg. Annual Appreciation
6.81%
Original Mortgage
$965,250
Outstanding Balance
$961,216
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$149,376

Purchase Details

Closed on
May 18, 2012
Sold by
Hayden Marlys J
Bought by
Hayden Marlys J

Purchase Details

Closed on
Feb 3, 2012
Sold by
Hayden Marlys J
Bought by
Hayden Marlys J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,700
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Hayden Marlys J
Bought by
Hayden Marlys J
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Old Republic Title
Grant Deed $1,072,500 Old Republic Title
Interfamily Deed Transfer -- Servicelink
Interfamily Deed Transfer -- Servicelink
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $965,250 New Conventional
Previous Owner $85,700 New Conventional
Previous Owner $162,500 Unknown
Previous Owner $170,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $1,072,500 -17.2% $740 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
01/20/2025 01/20/25 Price Changed $1,295,000 -7.2% $894 / Sq Ft
10/04/2024 10/04/24 Price Changed $1,395,000 -6.7% $963 / Sq Ft
07/25/2024 07/25/24 For Sale $1,495,000 -- $1,032 / 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 $12,876 $1,009,188 $416,160 $593,028
2024 $12,876 $989,400 $408,000 $581,400
2023 $7,527 $516,023 $187,645 $328,378
2022 $7,270 $505,906 $183,966 $321,940
2021 $7,205 $495,987 $180,359 $315,628
2020 $7,061 $490,901 $178,509 $312,392
2019 $6,763 $481,276 $175,009 $306,267
2018 $6,589 $471,840 $171,578 $300,262
2017 $6,448 $462,590 $168,214 $294,376
2016 $6,158 $453,520 $164,916 $288,604
2015 $6,163 $446,708 $162,439 $284,269
2014 $5,958 $437,959 $159,258 $278,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324058690

Bay Area Real Estate Information Services (BAREIS)

APN: 063-180-09