NOT LISTED FOR SALE

Novato, CA 94945

San Marin Neighborhood
8 Beds
20 Baths
5,072 Sq Ft
0.38 Acres

Last Sold January 17, 2019

Last sale price $1,775,000 $350 Per Sq Ft

35 Days on Market

Highlights

  • Wood Burning Stove
  • Contemporary Architecture
  • Attached Garage
  • San Marin High School Rated A-
  • Fireplace
  • Baseboard Heating

About This Home

As of January 2019

4 units, Pride of ownership, San Marin area of Novato. This property represents one of the nicest fourplexes I have seen come on the market. All four apartments are very large 1250+sf 2BR/2BA floor plans, featuring individual garages, washer dryer hookups, FP and a large private deck. All apartments are side by side on one level - no one above or below you. Very good condition - low maintenance design. Sep meters for PG&E. Below market rents.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 12/03/2018

Golden Gate Sotheby's

Last Buyer's Agent

Dubie Breen

Golden Gate Sotheby's License #01079071

Golden Gate Sotheby's

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.38 Acre Lot

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 8 Bedrooms
  • 5,072 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Baseboard Heating
  • 220 Volts

Community Details

  • 4 Units
  • Gross Income $100,800

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 124-271-34

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: San Marin exit off 101, west to San Andreas Drive. One half block south.
  • Lot Size Acres: 0.3776
  • Stories: 1
  • CapRate: 3.90
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 349.96
  • Square Footage: 5072.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, CAR7, Garage

Utilities

  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard, Fireplace(s), Wood Stove
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Common Area Meter, Electricity

Association/Amenities

  • Association Features: None

Lot Info

  • Assessor Parcel Number: 124-271-34
  • Lot Size Sq Ft: 16448.00

Rental Info

  • TenantPays: Cable TV, Electricity, Trash Collection

Building Info

  • Year Built: 1974

Multi Family

  • NumberOfUnitsTotal: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $1,775,000 0.0% $350 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $1,775,000 -- $350 / 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 $26,399 $1,941,043 $1,093,630 $847,413
2024 $25,950 $1,903,021 $1,072,190 $830,831
2023 $25,430 $1,865,744 $1,051,170 $814,574
2022 $24,817 $1,829,195 $1,030,560 $798,635
2021 $24,792 $1,793,372 $1,010,360 $783,012
2020 $24,411 $1,775,000 $1,000,000 $775,000
2019 $11,695 $688,860 $171,368 $517,492
2018 $11,482 $675,385 $168,008 $507,377
2017 $11,245 $662,176 $164,714 $497,462
2016 $10,539 $649,225 $161,485 $487,740
2015 $10,324 $639,497 $159,059 $480,438
2014 $10,043 $627,003 $155,944 $471,059
Source: Public Records

Agents Affiliated with this Home

  • Michael Burke

    Seller's Agent in 2019

    Michael Burke

    Golden Gate Sotheby's

    (415) 424-9835

    45 Total Sales

    Michael Burke
    Section Image
  • Dubie Breen

    Buyer's Agent in 2019

    Dubie Breen

    Golden Gate Sotheby's

    (415) 464-9300

    85 Total Sales

    Dubie Breen
    Section Image
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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21830239

Bay Area Real Estate Information Services (BAREIS)

APN: 124-271-34

California Marin County Novato 94945

San Marin

Not Listed for Sale

MultiFamily

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