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500 Indian Way

500 Indian Way, Novato, CA 94949
Property in Midwest Novato
Sold Jul 01, 2019
$549,000
$521,550 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
500 Indian Way 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 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 500 Indian Way has 1,264 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 1,186 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. 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 252 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 B. The exterior walls of the home are made of wood siding. 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. 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, 500 Indian Way sold most recently in Jun 25, 2019 for a total of $549,000. If you work out the math, that's approximately a cost of $434.34 per sqft. 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 $5,272 in taxes each year. 500 Indian Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $392,688. If we break it down further, the land itself was valued at $199,299. Improvements to the property, however, were assessed at a total of $193,389. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1974
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,186
  • Total Building Area: 1,264
  • Gross Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: IGNACIO CRK
  • Land Acres: 0.027
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 39

Ownership

  • Current Owner : FLANDERS CHARLES
  • Current Owner 2: KSANDA COLLEEN A
  • Previous Owner : WALDEN ANN MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Parcel: 150-561-19
  • Lot: 39
  • Municipality: NOVATO
  • Latitude: 38.0748
  • Longitude: -122.573

    Address

  • Full Address: 500 Indian Way
  • Address - House Number: 500
  • Address - Street Name: Indian
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Novato
  • Carrier Code: C040
  • 4-Digit Zip Code: 4937
  • Zip Code: 94949

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,272
  • Tax Rate Code Area: 10-029

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 65
  • Final Value: 700,030
  • High Value: 873,597
  • Low Value: 526,463

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $671,550
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2019
  • First Open Lien Mortgage Loan Amount: $521,550
  • 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: Aug 01, 2049
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: May 03, 2021
  • Second Open Lien Mortgage Loan Amount: $150,000
  • 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: May 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,688
  • Assessed Land Value: $199,299
  • Assessed Improvements Value: $193,389

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11622349076
  • Current Sale Price: $549,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0022880

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $521,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Midwest Novato



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Frequently Asked Questions

What neighborhood is 500 Indian Way located in?
The 500 Indian Way is a located in the neighborhood of Midwest Novato in Midwest Novato, Novato.
What is the average sales price for listings in 500 Indian Way?
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