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900 Reichert Avenue

900 Reichert Avenue, Novato, CA 94945
Property in Central Novato
900 Reichert Avenue in Novato, CA was first built in 2009 and is 15 years old. This has been categorized as a commercial property type. 900 Reichert Avenue has 38,789 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 38,183 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 900 Reichert Avenue was last sold in Apr 19, 2012 for $21,750,000. According to our calculations, that's $560.73 per sqft. Current property owners are expected to pay $326,078 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 900 Reichert Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,481,579. To break that down further, the land itself was valued at $18,482,347. While improvements to the property were assessed at a total of $6,999,232. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Business/Commerical Units Count: 204
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,183
  • Total Building Area: 38,789
  • Gross Building Area: 38,789
  • Building Area: 38,789
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 38,789
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MILL WORKS
  • Land Acres: 0.877
  • Standard Land Use Code: Commercial (general)
  • County Land Use Code: Vehicles general

Ownership

  • Current Owner : WFM ASSOCIATES LLC
  • Current Owner 2: H&G WONG MARIN LLC
  • Previous Owner : DOWNTOWN NOVATO INVESTORS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 102203

Geography

  • Parcel: 153-401-01
  • Municipality: NOVATO
  • Latitude: 38.106
  • Longitude: -122.566

    Address

  • Full Address: 900 Reichert Ave
  • Address - House Number: 900
  • Address - Street Name: Reichert
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Novato
  • Carrier Code: C008
  • 4-Digit Zip Code: 3245
  • Zip Code: 94945

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $326,078
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 10-220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 03, 2019
  • First Open Lien Mortgage Loan Amount: $14,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 03, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,481,579
  • Assessed Land Value: $18,482,347
  • Assessed Improvements Value: $6,999,232

    Sales

  • Current Sale Contract Date: Apr 19, 2012
  • Current Sale Recording Date: Apr 19, 2012
  • Current Sale Transaction ID: 1035566683
  • Current Sale Price: $21,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0024490

    Last Sale Mortgage

  • First Mortgage Lender: LIFE INSURANCE COMPANY OF THE
  • First Mortgage Transaction Date: Apr 19, 2012
  • First Mortgage Loan Amount: $13,500,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Central Novato



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Frequently Asked Questions

What neighborhood is 900 Reichert Avenue located in?
The 900 Reichert Avenue is a located in the neighborhood of Central Novato in Central Novato, Novato.
What is the average sales price for listings in 900 Reichert Avenue?
The average sales price for units in 900 Reichert Avenue is $0 currently.

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