NOT LISTED FOR SALE

Estimated Value: $1,498,000 - $1,837,000

1.38 Acres
$1,236,035 Price per Acre
60,113 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $1,800,000

Est. 5% decrease in value since last sale

Current estimated payment $10,745/month

909 Days on Market

Highlights

  • 1.38 Acre Lot
  • No HOA
  • High Speed Internet
  • Hidden Valley Elementary School Rated A
  • Pasture
  • 2-minute walk to Sorich Ranch Park

About This Lot

As of November 2023

The Karuna Community consists of six new home sites, arranged in two clusters of three homes each, on 1.38 acres tucked away in the Sorich Ranch Valley on the east side of San Anselmo, CA. Buy a lot and build your dream home in this fully approved new home sub-division project. Then start thinking about the home you want to live in, what it will look like, and how it will function. Design and build your own new 1,900 square foot 3BR 2.5BA home. Customize your own home to make it just like you want it to be. Close of escrow conditioned upon completion of site improvements and recording final sub-division map.

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #01888948 Listed on: 01/19/2021

Property Details

Property Type

  • Land

Lot Details

  • 1.38 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Possible uses of the property include Single Family
  • Property is zoned RMP 1.33

Farming

  • Pasture

Utilities

  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 177-220-10

Community Details

Overview

  • No Home Owners Association
  • Karuna Subdivision

Recreation

  • Seasonal Stream

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Subdivision: Karuna Subdivision
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: See Remarks, Soils Letter
  • Fencing: None
  • Horse Property: No
  • Listing Price: 650000.00
  • Lot Features: Stream Seasonal
  • Road Surface Type: Paved
  • Topography: Lot Sloped,Trees
  • Additional Living Units: No
  • Soil: See Remarks

Utilities

  • Sewer: Shared Septic
  • Utilities: Internet Available, Cable Available
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning: RMP 1.33
  • Crops: None
  • Current Use: Open Pasture
  • Development Status: Tentative Map Filed, Corners Marked
  • Zoning Description: Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 1.3800
  • Lot Size Sq Ft: 60113.00
  • Possible Use: Single Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 177-220-10
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Sep 15, 2023
Sold by
Karuna Land Llc
Bought by
Sorich Commons Partners Llc
Seller's Agent
Jonathan Minerick
HomeCoin.com
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Current Estimated Value
$1,705,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,272
Avg. Annual Appreciation
-2.47%
Original Mortgage
$50,000
Outstanding Balance
$48,939
Interest Rate
7.19%
Estimated Equity
$1,656,789

Purchase Details

Closed on
Oct 17, 2006
Sold by
Draper Jerome C and Mcneil Draper Mary Ellen Anne
Bought by
Karuna Land Llc
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
Sorich Commons Partners Llc $1,800,000 Old Republic Title
Karuna Land Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorich Commons Partners Llc $50,000
Previous Owner Sorich Commons Partners Llc $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $1,800,000 +176.9% --
07/17/2023 07/17/23 Pending -- -- --
09/29/2022 09/29/22 Price Changed $650,000 -67.4% --
09/17/2022 09/17/22 For Sale $1,995,000 -11.3% --
06/01/2022 06/01/22 Pending -- -- --
08/11/2021 08/11/21 For Sale -- -- --
08/01/2021 08/01/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $2,250,000 -- --
Source: MetroList

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 $22,025 $1,836,000 $1,836,000 --
2024 $21,245 $1,800,000 $1,800,000 --
2023 $7,861 $566,514 $566,514 $0
2022 $7,786 $555,407 $555,407 --
2021 $7,624 $544,516 $544,516 $0
2020 $7,551 $538,934 $538,934 $0
2019 $7,335 $528,366 $528,366 $0
2018 $6,996 $518,007 $518,007 $0
2017 $6,874 $507,851 $507,851 $0
2016 $6,560 $497,896 $497,896 $0
2015 $6,550 $490,419 $490,419 $0
2014 $6,305 $480,814 $480,814 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 20078226

MetroList

APN: 177-220-10