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$949,000   Price Analysis
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1645 Merritt Dr
Novato, CA 94949
5 bed None bath 2,206 SqFt ($430/SqFt)
7,802SqFt lot. Built 1965
Listed 2024-05-29, Taxes $7,868
Ⓧ USDA Ineligible
due to price & location

near Novato

Welcome to 1645 Merritt Dr

Novato, CA 94949! This exceptional residential income duplex offers a rare investment opportunity in a prime location. The property features two distinct units: a vast 3-bedroom, 2-bathroom unit and a comfortable 2-bedroom, 1.5-bathroom unit. The larger unit boasts an open floor plan, a modern kitchen with granite cuntertops and stainless steel appliances. The primary suite offers a private retreat with an en-suite bathroom.

Both units enjoy access to a beautifully landscaped front yard with ample space for relaxation and entertainment. Each unit has its own laundry facilities and dedicated parking, ensuring co nvenience for tenants. Located in a desirable Novato neighborhood, this duplex provides easy access to parks, shopping and dining. Near San Jose Middle School, College of Marin Indian Valley Campus, Marin Country Club, Pacheco Plaza, Hamilton Marketplace and HWY 101 and 37. Don't miss out on this versatile property at 1645 Merritt Dr - perfect for both investors and homeowners looking to generate rental income. Your dream investment awaits.


Presented by Ben Faber at
Compass.
Listing Agent Photo

Property MLS #324041200 from Bareis

Bedrooms: 5

Laundry Features: Washer/Dryer Hookups

Heating Features: Central, Gas

Garage Spaces: 2
Open Parking Spaces: 2
Parking Features: Attached, Garage, Side-by-Side
Parking Total: 2

Lot Size Acres: 0.1791
Lot Size Square Feet: 7801

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Full Bathrooms in the 1 Bedroom Units: 1
Full Bathrooms in the 2 Bedroom Units: 2
Half Bathrooms in the 1 Bedroom Units: 1
Unit-1 Description: 2 BD, 1.5 BA, 1 car parking space in shared garage, and laundry hookups in garage.

Source Listing Status: Active
County: Marin
Cross Street: Sunset Pkwy
Directions: Google Maps
Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Rapattoni Corporation. All rights reserved. U.S. Patent 6, 910, 045
Source Property Type: Residential Income
Area: Novato
Source Neighborhood: Novato
Postal Code Plus 4: 4947
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$265,620 + $229,245
$494,865
$7,868
2021$260,412 + $224,751
$485,163
$7,854
2020$257,742 + $222,446
$480,188
$8,796
2019$252,689 + $218,085
$470,774
$8,424
2018$247,735 + $213,810
$461,545
$7,286
2017$242,879 + $209,618
$452,497
$7,144
2016$238,117 + $205,509
$443,626
$6,677
2015$234,541 + $202,422
$436,963
$6,555
2014$229,947 + $198,457
$428,404
$6,399
2013$228,909 + $197,562
$426,471
$6,342
2012$224,421 + $193,688
$418,109
$6,260
2010$220,021 + $189,891
$409,912
$6,060
2009$218,897 + $188,921
$407,818
$5,960
2009$218,378 + $188,472
$406,850
$5,960
2008$214,605 + $185,216
$399,821
$5,609
2006$210,398 + $181,585
$391,983
$5,347

Listed 2024-05-29
$949,000
Bareis
Sold 2024-05-03
$785,000
Bareis
Listed 2024-04-26
$699,000
Bareis
Sold 1999-01-29
$335,000
Public Record
Sold 1986-05-02
$163,000
Public Record

Total Square Feet Living: 2206
Year Built: 1965
Property Age: 59

Sewer: Public Sewer
Water Source: Public

Lynwood Elementary School is a public elementary school located approximately 0.8 miles away.
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Novato High School is a public high school located approximately 1 miles away.
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San Jose Intermediate is a public middle school located approximately 0.1 miles away.
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Good Shepherd Lutheran is a private elementary and middle school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.