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26 Somerset Place

26 Somerset Place, Novato, CA 94945
Property in Central Novato
Sold Nov 16, 2018
$624,000
$133,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2048
Sold Nov 20, 2002
$330,000
$264,000 by First Nationwide Mtg Corp
Mortgage Due Dec 01, 2032
26 Somerset Place has been categorized by the local assessors in Novato, CA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1991. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 26 Somerset Place has 864 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 1,856 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 220 sqft. According to our sources, there is one available parking space. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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. The property was last sold in Nov 13, 2018 for $624,000. That's $722.22 per sqft. Prior to that sales transaction, the property was also sold in Nov 4, 2002 for $330,000. 26 Somerset Place was last assessed in 2023. The total value of the property was assessed at $669,046. Specifically, the land the property is located on was valued at $268,047. While improvements on the property were assessed at a total of $400,999. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,396. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Building Style: Colonial
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,856
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET PLACE
  • Land Acres: 0.043
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: /B19P1 M SOMERSET PLACE

Ownership

  • Current Owner : GERRANS ARTHUR W
  • Current Owner 2: GERRANS CAROLYN G
  • Previous Owner : CAVANAUGH SUSAN
  • Owner Before Previous Owner: MOSS SHARYN R
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 126200

Geography

  • Parcel: 141-330-22
  • Municipality: NOVATO
  • Latitude: 38.1185
  • Longitude: -122.58

    Address

  • Full Address: 26 Somerset Ln
  • Address - House Number: 26
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Mill Valley
  • Carrier Code: C039
  • 4-Digit Zip Code: 1510
  • Zip Code: 94941

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,396
  • Tax Rate Code Area: 10-017

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 62
  • Final Value: 657,060
  • High Value: 781,296
  • Low Value: 532,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2018
  • First Open Lien Mortgage Loan Amount: $133,000
  • 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: Dec 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,046
  • Assessed Land Value: $268,047
  • Assessed Improvements Value: $400,999

    Sales

  • Current Sale Contract Date: Nov 13, 2018
  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Transaction ID: 11532800698
  • Current Sale Price: $624,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-0039656
  • Previous Sale Recording Date: Nov 20, 2002
  • Previous Sale Contract Date: Nov 04, 2002
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 16, 2018
  • First Mortgage Loan Amount: $133,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONWIDE MTG CORP
  • Previous Mortgage Transaction Date: Nov 20, 2002
  • Previous Mortgage Loan Amount: $264,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Central Novato



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Frequently Asked Questions

What neighborhood is 26 Somerset Place located in?
The 26 Somerset Place is a located in the neighborhood of Central Novato in Central Novato, Novato.
What is the average sales price for listings in 26 Somerset Place?
The average sales price for units in 26 Somerset Place is $0 currently.

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