NOT LISTED FOR SALE

87 Forbes Ave San Rafael, CA 94901

Lincoln-San Rafael Hill Neighborhood

Estimated Value: $2,662,000 - $3,178,258

3 Beds
2 Baths
3,966 Sq Ft
$737/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $2,600,000 $656 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,355/month

77 Days on Market

Highlights

  • Custom Home
  • Main Floor Primary Bedroom
  • Living Room
  • Sun Valley Elementary School Rated A-
  • 1 Fireplace
  • Landscaped

About This Home

As of June 2021

This home is located at 87 Forbes Ave, San Rafael, CA 94901 since 29 March 2021 and is currently estimated at $2,923,815, approximately $737 per square foot. This property was built in 1929. 87 Forbes Ave is a home located in Marin County with nearby schools including Sun Valley Elementary School, James B. Davidson Middle School, and San Rafael High School.

Last Agent to Sell the Property

Helen Luttemo

Coldwell Banker Realty License #01386035 Listed on: 03/29/2021

Coldwell Banker Realty

Last Buyer's Agent

Rachel Cleaveland

Vanguard Properties License #02054004

Vanguard Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,707

Year Built

  • Built in 1929

Lot Details

  • 10,062 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Custom Home

Interior Spaces

  • 3,966 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 011-151-38

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,707

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Custom, Detached
  • Directions To Property: H St to Forbes Ave
  • Lot Size Acres: 0.2310
  • Stories: 2
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Price Per Square Foot: 655.57
  • Square Footage: 3966.00
  • Bathrooms: 2
  • Fireplace Features: Other
  • Main Level: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Lot Features: Landscape Front

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 6.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public
  • Heating: See Remarks
  • Laundry Features: In Basement

Lot Info

  • Assessor Parcel Number: 011-151-38
  • Lot Size Sq Ft: 10062.00

Building Info

  • Year Built: 1929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jun 14, 2021
Sold by
Hoimes Susan C
Bought by
Rivera Luis and Rivera Jocelyn J
Seller's Agent
Helen Luttemo
Coldwell Banker Realty
Buyer's Agent
Rachel Cleaveland
Vanguard Properties
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
$2,923,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,815
Avg. Annual Appreciation
2.73%
Original Mortgage
$450,000
Outstanding Balance
$407,609
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$2,516,206

Purchase Details

Closed on
Jun 17, 2003
Sold by
Hoimes Telly C
Bought by
Hoimes Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Rivera Luis $2,600,000 Fidelity National Title Co
Hoimes Susan C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Luis $450,000
Open Rivera Luis $1,500,000
Previous Owner Hoimes Susan C $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $2,600,000 0.0% $656 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $2,600,000 -- $656 / 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 $35,707 $2,829,687 $1,726,459 $1,103,228
2024 $35,707 $2,774,214 $1,692,614 $1,081,600
2023 $35,178 $2,715,838 $1,659,438 $1,056,400
2022 $33,120 $2,662,900 $1,626,900 $1,036,000
2021 $12,903 $927,945 $325,016 $602,929
2020 $12,777 $918,437 $321,686 $596,751
2019 $12,130 $900,428 $315,378 $585,050
2018 $12,010 $882,775 $309,195 $573,580
2017 $11,551 $865,471 $303,134 $562,337
2016 $11,167 $848,503 $297,191 $551,312
2015 $10,671 $835,762 $292,729 $543,033
2014 $10,233 $819,391 $286,995 $532,396
Source: Public Records

Agents Affiliated with this Home

  • Helen Luttemo

    Seller's Agent in 2021

    Helen Luttemo

    Coldwell Banker Realty

    (415) 244-4414

    1 in this area

    35 Total Sales

    Helen Luttemo
    Section Image
  • Rachel Cleaveland

    Buyer's Agent in 2021

    Rachel Cleaveland

    Vanguard Properties

    (415) 758-6800

    1 in this area

    14 Total Sales

    Rachel Cleaveland
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321065925

Bay Area Real Estate Information Services (BAREIS)

APN: 011-151-38

California Marin County San Rafael 94901 Lincoln-San Rafael Hill

87 Forbes Ave, San Rafael, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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