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55 Wallace Way

55 Wallace Way, San Rafael, CA 94903
Property in Terra Linda
Sold Apr 21, 2000
$605,500
$100,000 by Washington Mutual Bank Fa
Mortgage Due Apr 07, 2033
55 Wallace Way has been categorized by the local assessors in San Rafael, CA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 55 Wallace Way has 2,270 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 8,610 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 437 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 55 Wallace Way sold most recently in Apr 12, 2000 for a total of $605,500. If you work out the math, that's approximately a cost of $266.74 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 $12,487 in taxes each year. The initial year of tax delinquency occurred in 2023. 55 Wallace Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $894,450. If we break it down further, the land itself was valued at $561,450. Improvements to the property, however, were assessed at a total of $333,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Contemporary
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,610
  • Total Building Area: 2,270
  • Gross Building Area: 2,270
  • Building Area: 2,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,270
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRA LINDA 17
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP C4 566

Ownership

  • Current Owner : LEVINE ROBERT B
  • Previous Owner : MERKLEY JOY R
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dixie Elementary School District
  • Census Tract: 104103

Geography

  • Parcel: 175-052-06
  • Lot: 41
  • Municipality: SAN RAFAEL
  • Latitude: 38.0011
  • Longitude: -122.557

    Address

  • Full Address: 55 Wallace Ct
  • Address - House Number: 55
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Novato
  • Carrier Code: C021
  • 4-Digit Zip Code: 4409
  • Zip Code: 94947

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,487
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 8-035

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 1,625,086
  • High Value: 1,996,878
  • Low Value: 1,253,293

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Apr 07, 2003
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 07, 2033
  • Second Open Lien Mortgage Lender: BANK OF MARIN
  • Second Open Lien Mortgage Recording Date: Aug 18, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 18, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $894,450
  • Assessed Land Value: $561,450
  • Assessed Improvements Value: $333,000

    Sales

  • Current Sale Contract Date: Apr 12, 2000
  • Current Sale Recording Date: Apr 21, 2000
  • Current Sale Transaction ID: 1037426227
  • Current Sale Price: $605,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2000-0020568

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Apr 21, 2000
  • First Mortgage Loan Amount: $454,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Terra Linda



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Frequently Asked Questions

What neighborhood is 55 Wallace Way located in?
The 55 Wallace Way is a located in the neighborhood of Terra Linda in Terra Linda, San Rafael.
What is the average sales price for listings in 55 Wallace Way?
The average sales price for units in 55 Wallace Way is $0 currently.

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