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5 Lambert Way

5 Lambert Way, Novato, CA 94945
Property in Northwest Novato
Sold Jan 22, 2002
$410,000
$417,764 by Chevy Chase Bank Fsb
Mortgage Due May 01, 2045
5 Lambert Way in Novato, CA was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1966. 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 Lambert Way has 1,610 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 7,705 square feet.

Learn more about the property and building on this page. 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. The roof of the home is made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 220 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a central heating system. 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, 5 Lambert Way was last sold in Jan 16, 2002 for $410,000. According to our calculations, that's $254.66 per sqft. Current property owners are expected to pay $7,924 in taxes per year. The property on 5 Lambert Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $588,532. To break that down further, the land itself was valued at $404,231. While improvements to the property were assessed at a total of $184,301. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1955
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,705
  • Total Building Area: 1,610
  • Gross Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FERRIS GARDENS 02
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP 8 PG 33 LOT 223

Ownership

  • Current Owner : FALCONE BASIL J
  • Current Owner 2: FALCONE CHRISTINE M
  • Previous Owner : BANDALIN CRAIG S

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 102202

Geography

  • Subdivision Tract Number: 2
  • Parcel: 141-022-09
  • Lot: 223
  • Municipality: NOVATO
  • Latitude: 38.1186
  • Longitude: -122.588

    Address

  • Full Address: 5 Lambert Way
  • Address - House Number: 5
  • Address - Street Name: Lambert
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Novato
  • Carrier Code: C017
  • 4-Digit Zip Code: 1723
  • Zip Code: 94945

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,924
  • Tax Rate Code Area: 10-017

    Appraisal Valuation

  • Standard Deviation: 0.2758
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 60
  • Final Value: 1,020,196
  • High Value: 1,301,589
  • Low Value: 738,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,764
  • First Open Lien Mortgage Lender: CHEVY CHASE BANK FSB
  • First Open Lien Mortgage Recording Date: May 09, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $417,764
  • First Open Lien Mortgage Term: 479
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,532
  • Assessed Land Value: $404,231
  • Assessed Improvements Value: $184,301

    Sales

  • Current Sale Contract Date: Jan 16, 2002
  • Current Sale Recording Date: Jan 22, 2002
  • Current Sale Transaction ID: 1037380073
  • Current Sale Price: $410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2002-0004950

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SVGS BANK FSB
  • First Mortgage Transaction Date: Jan 22, 2002
  • First Mortgage Loan Amount: $410,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Feb 15, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest Novato



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Frequently Asked Questions

What neighborhood is 5 Lambert Way located in?
The 5 Lambert Way is a located in the neighborhood of Northwest Novato in Northwest Novato, Novato.
What is the average sales price for listings in 5 Lambert Way?
The average sales price for units in 5 Lambert Way is $0 currently.

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