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255 Margarita Drive

255 Margarita Drive, San Rafael, CA 94901
Property in Country Club
Sold May 20, 2015
$3,450,000
$2,345,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2051
255 Margarita Drive has been categorized by the local assessors in San Rafael, CA as a residential type of property. The building on the property was first built in 1937 and is 87 years old. However, we must point out that the home was most recently renovated and altered in 1989. The home has a total of 6 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. In addition, 255 Margarita Drive has 5,632 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 69,690 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,651 sqft. According to our sources, there are a total of 6 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 255 Margarita Drive was last sold in May 18, 2015 for $3,450,000. According to our calculations, that's $612.57 per sqft. Current property owners are expected to pay $54,034 in taxes per year. The property on 255 Margarita Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,522,457. To break that down further, the land itself was valued at $1,848,240. While improvements to the property were assessed at a total of $2,674,217. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Quality: A
  • Building Style: Contemporary
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 500
  • Garage Type: Garage
  • Garage Square Area: 1,651
  • Parking Space Count: 6
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 69,690
  • Total Building Area: 5,632
  • Gross Building Area: 5,632
  • Building Area: 5,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 5,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.6
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THOMPSON FAMILY LIVING TRUST
  • Previous Owner : WALTON ANNA B
  • Previous Owner 2: EGELHOFF ROBERT J
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Rafael City Elementary School District
  • Census Tract: 110100

Geography

  • Parcel: 016-011-29
  • Municipality: SAN RAFAEL
  • Latitude: 37.9795
  • Longitude: -122.497

    Address

  • Full Address: 255 Margarita Dr
  • Address - House Number: 255
  • Address - Street Name: Margarita
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Rafael
  • Carrier Code: C060
  • 4-Digit Zip Code: 2329
  • Zip Code: 94901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,034
  • Tax Rate Code Area: 89-017

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 64
  • Final Value: 5,117,609
  • High Value: 6,390,304
  • Low Value: 3,844,915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,345,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $2,345,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,522,457
  • Assessed Land Value: $1,848,240
  • Assessed Improvements Value: $2,674,217

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2015
  • Current Sale Recording Date: May 20, 2015
  • Current Sale Transaction ID: 1219753392
  • Current Sale Price: $3,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015-0023860

    Last Sale Mortgage

  • First Mortgage Lender: ALTAPACIFIC BANK
  • First Mortgage Transaction Date: May 20, 2015
  • First Mortgage Loan Amount: $2,415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Country Club



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Frequently Asked Questions

What neighborhood is 255 Margarita Drive located in?
The 255 Margarita Drive is a located in the neighborhood of Country Club in Country Club, San Rafael.
What is the average sales price for listings in 255 Margarita Drive?
The average sales price for units in 255 Margarita Drive is $0 currently.

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