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58 Drakewood Lane

58 Drakewood Lane, Novato, CA 94947
Property in Midwest Novato
Sold Jul 27, 2021
$1,049,000
$786,750 by Premier Lending Inc
Mortgage Due Aug 01, 2051
58 Drakewood Lane in Novato, CA was first built in 1969 and is 55 years old. 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. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 58 Drakewood Lane has 2,455 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 20,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 462 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. The property was last sold in Jul 20, 2021 for $1,049,000. That's $427.29 per sqft. 58 Drakewood Lane was last assessed in 2023. The total value of the property was assessed at $1,069,980. Specifically, the land the property is located on was valued at $738,480. While improvements on the property were assessed at a total of $331,500. 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 $13,436. 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. 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Contemporary
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 2,455
  • Gross Building Area: 2,455
  • Building Area: 2,455
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,455
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KADEN PARK UNIT NO 3
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ RON
  • Current Owner 2: MARTINEZ THERESA J
  • Previous Owner : KLEMME KENNETH S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 104103

Geography

  • Parcel: 150-461-18
  • Municipality: NOVATO
  • Latitude: 38.0831
  • Longitude: -122.569

    Address

  • Full Address: 58 Drakewood Ln
  • Address - House Number: 58
  • Address - Street Name: Drakewood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Novato
  • Carrier Code: C028
  • 4-Digit Zip Code: 4649
  • Zip Code: 94947

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,436
  • Tax Rate Code Area: 10-017

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 63
  • Final Value: 1,306,774
  • High Value: 1,645,714
  • Low Value: 967,833

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $943,050
  • First Open Lien Mortgage Lender: PREMIER LENDING INC
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $786,750
  • 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, 2051
  • Second Open Lien Mortgage Lender: UNIVERSITY CU
  • Second Open Lien Mortgage Recording Date: Jul 27, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $156,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,069,980
  • Assessed Land Value: $738,480
  • Assessed Improvements Value: $331,500

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845551546
  • Current Sale Price: $1,049,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0048027

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER LENDING INC
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $786,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Midwest Novato



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Frequently Asked Questions

What neighborhood is 58 Drakewood Lane located in?
The 58 Drakewood Lane is a located in the neighborhood of Midwest Novato in Midwest Novato, Novato.
What is the average sales price for listings in 58 Drakewood Lane?
The average sales price for units in 58 Drakewood Lane is $0 currently.

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