NOT LISTED FOR SALE

Novato, CA 94945

Central Novato Neighborhood

Estimated Value: $980,000 - $1,264,000

4 Beds
3 Baths
2,124 Sq Ft
$514/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $702,000 $331 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,681/month

140 Days on Market

Highlights

  • A-Frame Home
  • Private Yard
  • Carpet
  • San Marin High School Rated A-
  • Direct Access Garage

About This Home

As of September 2016

This home since 09 May 2016 and is currently estimated at $1,092,373, approximately $514 per square foot. This property was built in 1959. This home is a home located in Marin County with nearby schools including Sinaloa Middle School, San Marin High School, and Marin Christian Academy and Noah's Ark Preschool.

Last Agent to Sell the Property

Regina Sun

Berkshire Hathaway License #01928397 Listed on: 05/09/2016

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,562 Sq Ft Lot
  • Private Yard

Home Design

  • Duplex
  • A-Frame Home
  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 2,124 Sq Ft Home
  • Carpet
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 2 Units
  • Gross Income $25,000

Listing and Financial Details

  • Assessor Parcel Number 141-233-02

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: From Redwood Blvd, turn west onto Olive, right onto 2nd and left onto Kaehler Street
  • Lot Size Acres: 0.1736
  • CapRate: 4.00
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: A-Frame
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 330.51
  • Square Footage: 2124
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, WSHD
  • Separate Meters: Gas

Lot Info

  • Assessor Parcel Number: 141-233-02
  • Lot Size Sq Ft: 7562

Building Info

  • Year Built: 1959

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 29, 2016
Sold by
Zechlin Thomas L and Zechlin Patricia M
Bought by
Martinez Ingrid Y
Seller's Agent
Regina Sun
Berkshire Hathaway
List Price
$702,000
Sold Price
$702,000
Current Estimated Value
$1,092,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,373
Avg. Annual Appreciation
4.87%
Original Mortgage
$678,570
Outstanding Balance
$542,364
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$550,009

Purchase Details

Closed on
Jul 3, 2015
Sold by
Zechlin Thomas L
Bought by
Zechlin Thomas L and Zechlin Patricia M

Purchase Details

Closed on
Apr 10, 2015
Sold by
Zechlin Thomas L
Bought by
Zechlin Thomas L

Purchase Details

Closed on
Jun 29, 1998
Sold by
Zechlin Leonard C
Bought by
Zechlin Leonard O

Purchase Details

Closed on
Sep 29, 1997
Sold by
Leonard Zechlin and Bernard Zechlin
Bought by
Zechlin Leonard O
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
Martinez Ingrid Y $702,000 Old Republic Title Co
Zechlin Thomas L -- None Available
Zechlin Thomas L -- None Available
Zechlin Leonard O -- Fidelity National Title
Zechlin Leonard O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ingrid Y $678,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $702,000 0.0% $331 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $702,000 -- $331 / 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 $11,625 $814,713 $493,238 $321,475
2024 $11,423 $798,742 $483,569 $315,173
2023 $11,707 $783,080 $474,087 $308,993
2022 $10,909 $767,727 $464,792 $302,935
2021 $10,897 $752,676 $455,680 $296,996
2020 $11,261 $744,962 $451,010 $293,952
2019 $10,877 $730,360 $442,170 $288,190
2018 $10,699 $716,040 $433,500 $282,540
2017 $10,490 $702,000 $425,000 $277,000
2016 $4,895 $281,674 $96,139 $185,535
2015 $4,799 $277,443 $94,695 $182,748
2014 -- $157,985 $92,840 $65,145
Source: Public Records

Agents Affiliated with this Home

  • Regina Sun

    Seller's Agent in 2016

    Regina Sun

    Berkshire Hathaway

    (415) 895-2995

    1 in this area

    10 Total Sales

    Regina Sun
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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21622764

Bay Area Real Estate Information Services (BAREIS)

APN: 141-233-02

California Marin County Novato 94945

Central Novato

Not Listed for Sale

MultiFamily

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