NOT LISTED FOR SALE

Novato, CA 94949

Midwest Novato Neighborhood

Estimated Value: $1,049,000 - $1,446,990

-- Bed
6 Baths
2,177 Sq Ft
$563/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $974,000 $447 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,852/month

97 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Fenced Yard
  • Novato High School Rated A-
  • Wood Flooring
  • Central Heating

About This Home

As of January 2021

Spectacular duplex is waiting for new tenants.3 bedrooms/2 full baths and 2 bedrooms/1.5baths units are the rare find in Novato. Come and fall in love with gorgeous hardwood floors, dual pane windows, skylights, mirrored closet doors and bay windows on kitchens. Units share 2 car garage with 2 separate laundry rooms. Separate water heaters and central heat. Spacious backyards are fenced and very private. Roof is 9 years old. Great location, freshly painted interior, LED lights in 3 bedroom unit. Close to San Jose Middle school, College of Marin, shopping and 101.Guaranteed positive cash flow for investors. Luxury of living in one of the units and collecting high market rent from another for the first time home buyers. Endless possibilities. Also listed in Multi-Unit MLS # 22018592

Last Agent to Sell the Property

Alex Mongolov

AM Realty License #01994182 Listed on: 09/24/2020

Last Buyer's Agent

Spiro Stratigos

Corcoran Icon Properties License #01220864

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,095

Year Built

  • Built in 1966

Lot Details

  • 8,795 Sq Ft Lot
  • Fenced Yard

Parking

  • Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,177 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Mountain Views
  • Dishwasher
  • Washer and Dryer Hookup

Utilities

  • Central Heating

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 150-351-05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,095

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Ignacio to Sunset to Merritt Dr
  • Lot Size Acres: 0.2019
  • Stories: 1
  • CapRate: 4.60
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Flooring: Wood
  • Price Per Square Foot: 447.40
  • Square Footage: 2177
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • ExteriorFeatures: Fenced Yard
  • View: Mountains

Garage/Parking

  • Parking Features: CAR3, Garage

Utilities

  • Cooling: AIRC
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric
  • Laundry Features: In Common Area, Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 150-351-05
  • Lot Size Sq Ft: 8795

Building Info

  • Year Built: 1966

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Jan 5, 2021
Sold by
Leupold Bernd R
Bought by
Castro Jeffrey S and Castro Joanna G
Seller's Agent
Alex Mongolov
AM Realty
Buyer's Agent
Spiro Stratigos
Corcoran Icon Properties
List Price
$974,000
Sold Price
$974,000
Current Estimated Value
$1,225,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,498
Avg. Annual Appreciation
5.10%
Original Mortgage
$552,000
Outstanding Balance
$494,913
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$730,585
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
Castro Jeffrey S $974,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Jeffrey S $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $974,000 0.0% $447 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $974,000 -- $447 / 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 $14,095 $1,054,277 $729,551 $324,726
2024 $14,095 $1,033,608 $715,248 $318,360
2023 $13,596 $1,013,349 $701,229 $312,120
2022 $12,360 $993,480 $687,480 $306,000
2021 $4,694 $306,609 $90,179 $216,430
2020 $5,487 $303,465 $89,254 $214,211
2019 $5,369 $297,515 $87,504 $210,011
2018 $5,274 $291,683 $85,789 $205,894
2017 $5,167 $285,964 $84,107 $201,857
2016 $4,851 $280,358 $82,458 $197,900
2015 $4,756 $276,146 $81,219 $194,927
2014 $4,622 $270,738 $79,629 $191,109
Source: Public Records

Agents Affiliated with this Home

  • Alex Mongolov

    Seller's Agent in 2021

    Alex Mongolov

    AM Realty

    (707) 454-6430

    1 in this area

    53 Total Sales

    Alex Mongolov
    Section Image
  • Spiro Stratigos

    Buyer's Agent in 2021

    Spiro Stratigos

    Corcoran Icon Properties

    (415) 225-6412

    4 in this area

    68 Total Sales

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

MLS Number: 22018592

Bay Area Real Estate Information Services (BAREIS)

APN: 150-351-05

California Marin County Novato 94949

Midwest Novato

This home since 24 September 2020 and is currently estimated at $1,225,498, approximately $562 per square foot. This property was built in 1966. This home is a home located in Marin County with nearby schools including Lynwood Elementary School, Novato High School, and Marin Christian Academy and North Bay Christian 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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