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5 Maria Loreto Court

5 Maria Loreto Court, Novato, CA 94949
Property in Southwest Novato
Sold Oct 14, 2019
$655,000
$400,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2049
Sold Jul 29, 2008
$599,500
$417,000 by Us Bank Na
Mortgage Due Aug 01, 2038
Local assessors in Novato, CA have categorized 5 Maria Loreto Court as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 1,725 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5 Maria Loreto Court has a total of 1,653 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a heated pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 25, 2019 for $655,000. That's $396.25 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2008 for $599,500. 5 Maria Loreto Court was last assessed in 2023. The total value of the property was assessed at $688,516. Specifically, the land the property is located on was valued at $278,560. While improvements on the property were assessed at a total of $409,956. 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 $9,005. 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: 1974
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Pool Type: Heated pool

    Dimensions

  • Lot Size Square Feet: 1,725
  • Total Building Area: 1,653
  • Gross Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,653
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE MARIN 01
  • Land Acres: 0.04
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: L3 /B15P92 M VILLAGE MARIN #1

Ownership

  • Current Owner : SCHWARTZ JENNIFER
  • Current Owner 2: JENNIFER SCHWARTZ TRUST
  • Previous Owner : PECK JUDY M
  • Owner Before Previous Owner: TEMPLE SHERRY K
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 104200

Geography

  • Subdivision Tract Number: 1
  • Parcel: 160-491-03
  • Lot: 3
  • Municipality: NOVATO
  • Latitude: 38.0467
  • Longitude: -122.539

    Address

  • Full Address: 5 Maria Loretto Ct
  • Address - House Number: 5
  • Address - Street Name: Maria Loretto
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Novato
  • Carrier Code: C049
  • 4-Digit Zip Code: 6629
  • Zip Code: 94949

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,005
  • Tax Rate Code Area: 10-017

    Appraisal Valuation

  • Standard Deviation: 0.2769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 911,027
  • High Value: 1,163,321
  • Low Value: 658,732

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 343
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,516
  • Assessed Land Value: $278,560
  • Assessed Improvements Value: $409,956

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 14, 2019
  • Current Sale Transaction ID: 11662455014
  • Current Sale Price: $655,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0038255
  • Previous Sale Recording Date: Jul 29, 2008
  • Previous Sale Contract Date: Jul 28, 2008
  • Previous Sale Amount: $599,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jul 29, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Southwest Novato



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Frequently Asked Questions

What neighborhood is 5 Maria Loreto Court located in?
The 5 Maria Loreto Court is a located in the neighborhood of Southwest Novato in Southwest Novato, Novato.
What is the average sales price for listings in 5 Maria Loreto Court?
The average sales price for units in 5 Maria Loreto Court is $0 currently.

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