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98 Forbes Avenue

98 Forbes Avenue, San Rafael, CA 94901
Property in Fairhills
Sold Aug 11, 2016
$1,150,000
$870,000 by Mufg Union Bank Na
Mortgage Due Apr 01, 2052
Sold Jul 01, 2003
$923,000
$630,000 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2033
98 Forbes Avenue 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 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 98 Forbes Avenue has 1,992 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 7,692 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 650 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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, 98 Forbes Avenue sold most recently in Aug 2, 2016 for a total of $1,150,000. If you work out the math, that's approximately a cost of $577.31 per sqft. Before that, the property was also sold for $923,000 in Jun 24, 2003. 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 $17,566 in taxes each year. 98 Forbes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,282,825. If we break it down further, the land itself was valued at $836,625. Improvements to the property, however, were assessed at a total of $446,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1948
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Building Style: Contemporary
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,692
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.177
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : LITTLE TERESA M
  • Previous Owner : HOWELL IAN
  • Previous Owner 2: HOWELL JULIA K
  • Owner Before Previous Owner: BABIKIAN JEFFREY S
  • Owner Before Previous Owner 2: BABIKIAN TAMI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Rafael City Elementary School District
  • Census Tract: 109001

Geography

  • Parcel: 011-152-09
  • Municipality: SAN RAFAEL
  • Latitude: 37.9783
  • Longitude: -122.537

    Address

  • Full Address: 98 Forbes Ave
  • Address - House Number: 98
  • Address - Street Name: Forbes
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Rafael
  • Carrier Code: C125
  • 4-Digit Zip Code: 1759
  • Zip Code: 94901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,566
  • Tax Rate Code Area: 8-000

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 1,546,734
  • High Value: 1,974,103
  • Low Value: 1,119,365

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $870,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Mar 28, 2022
  • First Open Lien Mortgage Loan Amount: $870,000
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,282,825
  • Assessed Land Value: $836,625
  • Assessed Improvements Value: $446,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2016
  • Current Sale Recording Date: Aug 11, 2016
  • Current Sale Transaction ID: 1924988327
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0035959
  • Previous Sale Recording Date: Jul 01, 2003
  • Previous Sale Contract Date: Jun 24, 2003
  • Previous Sale Amount: $923,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Aug 11, 2016
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jul 01, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $630,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Fairhills



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Frequently Asked Questions

What neighborhood is 98 Forbes Avenue located in?
The 98 Forbes Avenue is a located in the neighborhood of Fairhills in Fairhills, San Rafael.
What is the average sales price for listings in 98 Forbes Avenue?
The average sales price for units in 98 Forbes Avenue is $0 currently.

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