NOT LISTED FOR SALE

Novato, CA 94945

Central Novato Neighborhood

Estimated Value: $985,000 - $1,175,000

-- Bed
3 Baths
1,795 Sq Ft
$601/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $760,000 $423 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,962/month

35 Days on Market

Highlights

  • Cottage
  • Accessible Parking
  • Accessible Kitchen
  • San Marin High School Rated A-

About This Home

As of December 2017

Bungalow with separate cottage. Main home has 2 beds 1 ba. Classic traditional design, built in 1922. Enchanting path to front entry. Living room and dining room. Sunny kit. with breakfast area . Detached garage. Deck off dining room, private yard . Unattached sunny cottage 1 bed, 1 bath. two yards. another garage at rear of property. Plenty of of off street parking. Property for investors or 1st time home buyers . walking distance to everything!

Last Agent to Sell the Property

George De Salvo

Compass License #00451249 Listed on: 10/27/2017

Compass

Last Buyer's Agent

Judy Hong

Coldwell Banker Realty License #01464732

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,746

Year Built

  • Built in 1922

Lot Details

  • 7,501

Home Design

  • 1,795 Sq Ft Home
  • Duplex
  • Cottage
  • Bungalow
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof

Accessible Home Design

  • Accessible Kitchen
  • Accessible Parking

Additional Features

  • Washer and Dryer Hookup
  • 7,501 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 141-261-32

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $55,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,746

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Delong to Redwood , turn right, turn left on Grant then turn right on to 4th st.
  • Lot Size Acres: 0.1722
  • CapRate: 13.75
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Bungalow, Cottage
  • Special Features: None
  • Stories: 0

Interior Features

  • Accessibility Features: Accessible Kitchen, Parking
  • Price Per Square Foot: 423.40
  • Square Footage: 1795
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Roof: Composition

Garage/Parking

  • Parking Features: CAR7

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 141-261-32
  • Lot Size Sq Ft: 7501

Building Info

  • Year Built: 1922

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 30, 2017
Sold by
Lim Sochea
Bought by
Leng Paolay
Seller's Agent
George De Salvo
Compass
Buyer's Agent
Judy Hong
Coldwell Banker Realty
List Price
$760,000
Sold Price
$760,000
Current Estimated Value
$1,092,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,838
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Jun 18, 2004
Sold by
Maendl Sylvia
Bought by
Chesus Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2000
Sold by
Machado Betty 1997 Family Trust and Binkley Cheryl
Bought by
Mullan Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
3.7%

Purchase Details

Closed on
Sep 9, 1997
Sold by
Machado Betty
Bought by
Machado Betty

Purchase Details

Closed on
Aug 21, 1996
Sold by
Machado John A
Bought by
Machado Betty
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
Leng Paolay -- Old Republic Title Co
Chesus Thomas E -- California Land Title Marin
Chesus Thomas E $570,000 California Land Title Marin
Mullan Daniel P $300,000 California Land Title
Machado Betty -- --
Machado Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leng Paolay $506,300
Previous Owner Chesus Thomas $260,000
Previous Owner Chesus Thomas E $445,000
Previous Owner Mullan Daniel P $130,000
Previous Owner Mullan Daniel P $101,000
Closed Mullan Daniel P $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $760,000 0.0% $423 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $760,000 -- $423 / 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 $11,746 $862,459 $432,367 $430,092
2024 $11,746 $845,549 $423,890 $421,659
2023 $11,492 $828,971 $415,579 $413,392
2022 $10,566 $812,719 $407,432 $405,287
2021 $5,278 $796,786 $399,444 $397,342
2020 $10,389 $788,623 $395,352 $393,271
2019 $10,072 $773,160 $387,600 $385,560
2018 $10,417 $758,000 $380,000 $378,000
2017 $8,579 $635,000 $468,000 $167,000
2016 $7,891 $615,000 $350,000 $265,000
2015 $6,968 $530,000 $375,000 $155,000
2014 $5,592 $408,100 $300,828 $107,272
Source: Public Records

Agents Affiliated with this Home

  • George De Salvo

    Seller's Agent in 2017

    George De Salvo

    Compass

    (415) 722-7851

    9 in this area

    68 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Judy Hong

    Coldwell Banker Realty

    (415) 497-4019

    16 Total Sales

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

MLS Number: 21725085

Bay Area Real Estate Information Services (BAREIS)

APN: 141-261-32

California Marin County Novato 94945

Central Novato

This home since 27 October 2017 and is currently estimated at $1,078,788, approximately $600 per square foot. This property was built in 1922. This home is a home located in Marin County with nearby schools including Lu Sutton Elementary School, Sinaloa Middle School, and San Marin High School.

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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