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31 Princess Street

31 Princess Street, Sausalito, CA 94965
Property in The Hill
Sold May 02, 2003
$1,250,000
$875,000 by Alliance Bancorp
Mortgage Due May 01, 2033
Sold Feb 29, 1996
$566,500
$452,800 by Westamerica Bank
Mortgage Due Mar 01, 2026
31 Princess Street has been categorized by the local assessors in Sausalito, CA as a residential type of property. The building on the property was first built in 1888 and is 136 years old. However, we must point out that the home was most recently renovated and altered in 1955. In addition, 31 Princess Street has 2,809 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 3,073 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 31 Princess Street sold most recently in Apr 25, 2003 for a total of $1,250,000. If you work out the math, that's approximately a cost of $445.00 per sqft. Before that, the property was also sold for $566,500 in Feb 23, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,973 in taxes each year. 31 Princess Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,739,347. If we break it down further, the land itself was valued at $1,113,584. Improvements to the property, however, were assessed at a total of $625,763. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,073
  • Total Building Area: 2,809
  • Gross Building Area: 2,809
  • Building Area: 2,809
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,809
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEYED FOR JAMES W SPERRY ES
  • Land Acres: 0.071
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: MAP 1 PG 84 LOT 13

Ownership

  • Current Owner : PATTERSON JAY
  • Current Owner 2: PATTERSON MARLIES
  • Previous Owner : HOWELL IAN
  • Previous Owner 2: HOWELL JULIA K
  • Owner Before Previous Owner: TONER RICHARD M
  • Owner Before Previous Owner 2: TONER BARBARA A
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tamalpais Union High School District
  • Census Tract: 130203

Geography

  • Parcel: 065-131-13
  • Lot: 13
  • Municipality: SAUSALITO
  • Latitude: 37.8549
  • Longitude: -122.48

    Address

  • Full Address: 31 Princess St
  • Address - House Number: 31
  • Address - Street Name: Princess
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sausalito
  • Zip Code: 94965

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,973
  • Tax Rate Code Area: 9-000

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 1,682,916
  • High Value: 2,427,286
  • Low Value: 938,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: ALLIANCE BANCORP
  • First Open Lien Mortgage Recording Date: May 02, 2003
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 01, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,739,347
  • Assessed Land Value: $1,113,584
  • Assessed Improvements Value: $625,763

    Sales

  • Current Sale Contract Date: Apr 25, 2003
  • Current Sale Recording Date: May 02, 2003
  • Current Sale Transaction ID: 1024041585
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003-0050393
  • Previous Sale Recording Date: Feb 29, 1996
  • Previous Sale Contract Date: Feb 23, 1996
  • Previous Sale Amount: $566,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE BANCORP
  • First Mortgage Transaction Date: May 02, 2003
  • First Mortgage Loan Amount: $875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WESTAMERICA BANK
  • Previous Mortgage Transaction Date: Feb 29, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $452,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2026

About The Hill



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Frequently Asked Questions

What neighborhood is 31 Princess Street located in?
The 31 Princess Street is a located in the neighborhood of The Hill in The Hill, Sausalito.
What is the average sales price for listings in 31 Princess Street?
The average sales price for units in 31 Princess Street is $0 currently.

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