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507 Fairway Drive

507 Fairway Drive, Novato, CA 94949
Property in Southwest Novato
Sold Oct 15, 2020
$1,460,000
$1,460,000 by Pacific Freedom Fund Llc
Mortgage Due Oct 15, 2050
Local assessors in Novato, CA have categorized 507 Fairway Drive as a residential type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 17,210 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 507 Fairway Drive has a total of 2,653 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 507 Fairway Drive was last sold in Oct 8, 2020 for $1,460,000. According to our calculations, that's $550.32 per sqft. Current property owners are expected to pay $18,428 in taxes per year. The property on 507 Fairway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,793,984. To break that down further, the land itself was valued at $754,290. While improvements to the property were assessed at a total of $1,039,694. 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.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,210
  • Total Building Area: 2,653
  • Gross Building Area: 2,653
  • Building Area: 2,653
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,653
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.395
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOGGERI MICHAEL
  • Current Owner 2: BOGGERI LINDA B
  • Previous Owner : COX ROBIN
  • Previous Owner 2: SMITH ROGER A
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Novato Unified School District
  • Census Tract: 104200

Geography

  • Parcel: 160-353-35
  • Municipality: NOVATO
  • Latitude: 38.0612
  • Longitude: -122.573

    Address

  • Full Address: 507 Fairway Dr
  • Address - House Number: 507
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Novato
  • Carrier Code: C042
  • 4-Digit Zip Code: 5836
  • Zip Code: 94949

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,428
  • Tax Rate Code Area: 10-029

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,770,665
  • High Value: 2,239,935
  • Low Value: 1,301,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,460,000
  • First Open Lien Mortgage Lender: PACIFIC FREEDOM FUND LLC
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Loan Amount: $1,460,000
  • 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: Oct 15, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,793,984
  • Assessed Land Value: $754,290
  • Assessed Improvements Value: $1,039,694

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11793229605
  • Current Sale Price: $1,460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0049964

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC FREEDOM FUND LLC
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $1,460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Southwest Novato



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 507 Fairway Drive located in?
The 507 Fairway Drive is a located in the neighborhood of Southwest Novato in Southwest Novato, Novato.
What is the average sales price for listings in 507 Fairway Drive?
The average sales price for units in 507 Fairway Drive is $0 currently.

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