159 Novato Street

San Rafael, CA 94901

$1,500,000
Last Sold Price
8
Beds
5
Baths
3,831 Sq. Ft.
$392 / Sq. Ft.
3,831
Sq. Ft.
$392
per Sq. Ft.

Description

There is a reason the apartment buildings in this community do not come available often, and when they do, they don't last long. 159 Novato Street offers an ideal investment opportunity in centrally located San Rafael. The units are low maintenance and easy to manage, with HOA dues at just $1350/month. This gated, four-unit compound offers pools, laundry facilities and covered parking. All four units are tenant occupied. Unit #1: 3BR/2BA w/patio; Unit#2: 1BR/1BA w/deck; Unit #3: 1BR/1BA w/deck; Unit...There is a reason the apartment buildings in this community do not come available often, and when they do, they don't last long. 159 Novato Street offers an ideal investment opportunity in centrally located San Rafael. The units are low maintenance and easy to manage, with HOA dues at just $1350/month. This gated, four-unit compound offers pools, laundry facilities and covered parking. All four units are tenant occupied. Unit #1: 3BR/2BA w/patio; Unit#2: 1BR/1BA w/deck; Unit #3: 1BR/1BA w/deck; Unit #4: 2BR/1BA w/deck.
  1. Listed by Matthew Clawson • DRE #01985630 • Coldwell Banker

Property Details for 159 Novato Street

City
SAN RAFAEL
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
4

Location

Listing Courtesy of Coldwell Banker, Matthew Clawson, DRE #01985630

Sold By Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399

Add your commute
LISTING UPDATED: 05/02/2024 03:00 AM

Property Details for 159 Novato Street

StatusSold
MLS #41052086
Days on Compass48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1962
Lot Size0.04 AC / 1,915 SF
CountyMarin County

Location

Listing Courtesy of Coldwell Banker, Matthew Clawson, DRE #01985630

Sold By Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399

Add your commute

Building Information for 159 Novato Street

Stories-Residences4Year Built1962Building Size-Lot Size0.04 AC / 1,915 SF

Payment Calculator

$9,884 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 159 Novato Street

Features
Feature Details
  • Flooring: Carpet
  • Laundry: Common Room
Utility Details
  • Cooling: Other
  • Heating: Baseboard, Fireplace(s)
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Community Pool
Property Details
  • Additional Equipment: None
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: Other
  • Lot Sq Ft Apx: 1915
  • Lot Size Square Feet: 1915.0
  • Roof: Tar and Gravel
  • Sq Ft Apx: 3831
  • Yard Description: Deck(s), Patio, Swimming Pool
  • Year Built: 1962
  • Acres: 0.04
Location Details
  • Directions to Property: Canal St. to Novato
  • FIPS Code: 06041
  • Parcel Number: 008-190-09
  • Printed Neighborhood Rpt: No
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: 4-7 Cars
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 159-1
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Parking Spaces 1: 1
  • Rent 1: $3,470
Unit 2 Details
  • Unit #/Address - 2: 159-2
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Rent 2: $2,992
Unit 3 Details
  • Unit #/Address - 3: 159-3
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Rent 3: $2,512
Unit 4 Details
  • Unit #/Address - 4: 159-4
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Rent 4: $2,992
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, In Ground Pool
Additional Information
Additional Information
  • Fireplace: No

Property History for 159 Novato Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 159 Novato Street

Taxable ValueLand$562,899Additions$602,455Total$1,165,354
Tax Record2023$20,376 ($1,698 / month)
Home Facts
Total Finished SqFt3,831 SqFtAbove Grade Finished SqFt3,831 SqFtLot Size1,915 SqFtStyleDuplexYear Built1962Year Renovated1964CountyMARINAPN008-190-09

Schools near 159 Novato Street

This home is within San Rafael City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
San Pedro Elementary School
PublicK to 5

James B. Davidson Middle School
Public6 to 8

Terra Linda High School
Public9 to 12

San Rafael High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker, Matthew Clawson, DRE #01985630

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.