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261 San Marin Drive

261 San Marin Drive, Novato, CA 94945
Property in Northwest Novato
Sold Jun 08, 2016
$888,000
$710,400 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2046
261 San Marin Drive in Novato, CA was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 261 San Marin Drive has 2,330 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,100 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 506 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 261 San Marin Drive was last sold in May 25, 2016 for $888,000. According to our calculations, that's $381.12 per sqft. Current property owners are expected to pay $13,322 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 261 San Marin Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,010,374. To break that down further, the land itself was valued at $512,014. While improvements to the property were assessed at a total of $498,360. 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. 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!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: 1974
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Contemporary
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,100
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOOTHILLS NOVATO 01
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHENG JOHNNY W
  • Current Owner 2: CHENG WENDY
  • Previous Owner : JACKSON RENEE AIDA
  • Previous Owner 2: THE RICARDO L MONTES SURVIVORS
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 102100

Geography

  • Parcel: 124-281-51
  • Lot: 57
  • Municipality: NOVATO
  • Latitude: 38.1229
  • Longitude: -122.598

    Address

  • Full Address: 261 San Marin Dr
  • Address - House Number: 261
  • Address - Street Name: San Marin
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Novato
  • Carrier Code: C082
  • 4-Digit Zip Code: 1250
  • Zip Code: 94945

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,322
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 10-021

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 1,340,575
  • High Value: 1,644,848
  • Low Value: 1,036,301

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,110,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2016
  • First Open Lien Mortgage Loan Amount: $710,400
  • 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: Jul 01, 2046
  • Second Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Second Open Lien Mortgage Recording Date: Jun 07, 2021
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,010,374
  • Assessed Land Value: $512,014
  • Assessed Improvements Value: $498,360

    Sales

  • Current Sale Contract Date: May 25, 2016
  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Transaction ID: 1621073290
  • Current Sale Price: $888,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0025315

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 08, 2016
  • First Mortgage Loan Amount: $710,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Northwest Novato



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Frequently Asked Questions

What neighborhood is 261 San Marin Drive located in?
The 261 San Marin Drive is a located in the neighborhood of Northwest Novato in Northwest Novato, Novato.
What is the average sales price for listings in 261 San Marin Drive?
The average sales price for units in 261 San Marin Drive is $0 currently.

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