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27 Lawrence Drive

27 Lawrence Drive, Novato, CA 94945
Property in Northeast Novato
Refi May 27, 2020
Transfer
$383,000 by Network Capital Funding Corp
Mortgage Due May 01, 2035
27 Lawrence Drive 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 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1969. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 27 Lawrence Drive has 1,635 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 7,500 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 483 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 27 Lawrence Drive was last assessed in 2023. The total value of the property was assessed at $299,804. Specifically, the land the property is located on was valued at $122,598. While improvements on the property were assessed at a total of $177,206. 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 $4,384. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1965
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,635
  • Gross Building Area: 1,635
  • Building Area: 1,635
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,635
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GNOSS ESTATES 02
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L59 /B12P112 M GNOSS ESTATES #2

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 101200

Geography

  • Subdivision Tract Number: 2
  • Parcel: 153-242-11
  • Lot: 59
  • Municipality: NOVATO
  • Latitude: 38.1074
  • Longitude: -122.558

    Address

  • Full Address: 27 Lawrence Dr
  • Address - House Number: 27
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Novato
  • Carrier Code: C095
  • 4-Digit Zip Code: 3302
  • Zip Code: 94945

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,384
  • Tax Rate Code Area: 10-017

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 373,335
  • High Value: 538,464
  • Low Value: 208,205

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $747,000
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORP
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $383,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Sep 21, 2021
  • Second Open Lien Mortgage Loan Amount: $364,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,804
  • Assessed Land Value: $122,598
  • Assessed Improvements Value: $177,206

    Exemptions

  • Homeowner Exemption: Yes

About Northeast Novato



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Frequently Asked Questions

What neighborhood is 27 Lawrence Drive located in?
The 27 Lawrence Drive is a located in the neighborhood of Northeast Novato in Northeast Novato, Novato.
What is the average sales price for listings in 27 Lawrence Drive?
The average sales price for units in 27 Lawrence Drive is $0 currently.

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