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73 Sotelo Way

73 Sotelo Way, Novato, CA 94945
Property in Northwest Novato
Sold Mar 16, 2007
$764,000
$589,000 by Lower Llc
Mortgage Due Sep 01, 2051
Sold Jan 05, 1999
Transfer
$131,500 by Nationsbanc Mtg
Mortgage Due Jan 01, 2029
73 Sotelo Way has been categorized by the local assessors in Novato, CA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1976. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 73 Sotelo Way has 1,928 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 10,742 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 480 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. The inside of the home is being cooled with central air conditioning at the moment. 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, 73 Sotelo Way sold most recently in Feb 27, 2007 for a total of $764,000. If you work out the math, that's approximately a cost of $396.27 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 $12,336 in taxes each year. 73 Sotelo Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $983,779. If we break it down further, the land itself was valued at $592,328. Improvements to the property, however, were assessed at a total of $391,451. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1966
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Building Style: Contemporary
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,742
  • Total Building Area: 1,928
  • Gross Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN MARIN 07
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YOUNG ALICE
  • Previous Owner : DAY ALLEN
  • Previous Owner 2: DAY VILMA
  • Owner Before Previous Owner: BARTHOLO LILIAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 102100

Geography

  • Parcel: 124-373-03
  • Lot: 866
  • Municipality: NOVATO
  • Latitude: 38.1265
  • Longitude: -122.589

    Address

  • Full Address: 73 Sotelo Way
  • Address - House Number: 73
  • Address - Street Name: Sotelo
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Novato
  • Carrier Code: C086
  • 4-Digit Zip Code: 1312
  • Zip Code: 94945

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,336
  • Tax Rate Code Area: 10-021

    Appraisal Valuation

  • Standard Deviation: 0.2601
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 63
  • Final Value: 1,266,408
  • High Value: 1,595,839
  • Low Value: 936,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $589,000
  • First Open Lien Mortgage Lender: LOWER LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $589,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $983,779
  • Assessed Land Value: $592,328
  • Assessed Improvements Value: $391,451

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2007
  • Current Sale Recording Date: Mar 16, 2007
  • Current Sale Transaction ID: 1041551968
  • Current Sale Price: $764,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2007-0016495
  • Previous Sale Recording Date: Jan 05, 1999
  • Previous Sale Contract Date: Dec 11, 1998
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 16, 2007
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSBANC MTG
  • Previous Mortgage Transaction Date: Jan 05, 1999
  • Previous Mortgage Loan Amount: $131,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2029

About Northwest Novato



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Frequently Asked Questions

What neighborhood is 73 Sotelo Way located in?
The 73 Sotelo Way is a located in the neighborhood of Northwest Novato in Northwest Novato, Novato.
What is the average sales price for listings in 73 Sotelo Way?
The average sales price for units in 73 Sotelo Way is $0 currently.

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