NOT LISTED FOR SALE

Estimated Value: $2,447,690 - $2,566,000

4 Beds
4 Baths
3,000 Sq Ft
$834/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $2,560,000 $853 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $16,430/month

22 Days on Market

Highlights

  • Bay View
  • Radiant Floor
  • 2 Fireplaces
  • Tamalpais High School Rated A
  • Main Floor Bedroom
  • Balcony

About This Home

As of September 2024

Welcome to this exceptional duplex in charming Old Town Sausalito. This meticulously maintained building offers a unique opportunity for dual living or investment, featuring two spacious 2-bed, 2-bath units with stunning views. Whether you choose to reside in one unit while generating income from the other, or capitalize on a prime investment property, both units promise unparalleled views of Angel Island and the expansive Richardson Bay. Architectural details abound, from soaring concrete walls that seamlessly meet open-beamed ceilings, to floor-to-ceiling bookshelves anchored by a cozy wood-burning fireplace. Skylights flood the living spaces with natural light, while the inviting balconies beckon you outdoors to take in the breathtaking views. Each unit boasts the convenience of a 2-car garage, accessible via a common lobby, and in-unit laundry facilities. The prime location offers easy access to Sausalito's vibrant amenities, public transportation, and a quick commute to San Francisco via the iconic Golden Gate Bridge. Experience the best of Sausalito living and investment potential in this remarkable view property. Don't miss the chance to own a piece of paradise in one of the picturesque neighborhoods the Bay Area has to offer!

Last Listed By

Allison Salzer

Compass License #01978463 Listed on: 08/27/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,502

Year Built

  • Built in 1979

Lot Details

  • 6,922

Parking

  • 1 Open Parking Space
  • 4 Car Garage

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Radiant Floor
  • Bay Views
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Well

Additional Features

  • Balcony
  • 6,922 Sq Ft Lot

Community Details

Listing and Financial Details

  • Assessor Parcel Number 065-292-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,502

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Attached
  • Directions To Property: 101 to Alexander Ave Alexender turns to South- to Second. Left on Sausalito Ave Left on Alexander.
  • Lot Size Acres: 0.1589
  • Stories: 3
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 2
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Square Footage: 3000.00
  • Bathrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Lower Level: Bedroom(s)
  • Main Level: Bedroom(s)

Exterior Features

  • Lot Features: Other
  • ExteriorFeatures: Balcony
  • View: Bay, Water

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 5.00
  • Garage Spaces: 4.00
  • OpenParkingSpaces: 1.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public, Well
  • Heating: Radiant Floor
  • Laundry Features: Washer Included, Washer/Dryer Stacked Included

Schools

  • School District: Marin
  • Middle/Junior School District: Sausalito Marin City Schools

Lot Info

  • Assessor Parcel Number: 065-292-18
  • Lot Size Sq Ft: 6922.00

Building Info

  • Year Built: 1979

Multi Family

  • Number Of Units: 2

MLS Schools

  • Senior High School District: Tamalpais Union
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Sep 26, 2024
Sold by
Robert Teasdale and Robert Lynda Niemeler-Teasd
Bought by
Souls Lauren Leigh
Seller's Agent
Allison Salzer
Compass
Buyer's Agent
Allison Crawford
Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,560,000
Premium/Discount to List
$65,000
2.61%
Total Days on Market
22
Views
1354
Current Estimated Value
$2,503,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,827
Avg. Annual Appreciation
-4.00%
Original Mortgage
$1,792,000
Outstanding Balance
$1,782,129
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$721,044

Purchase Details

Closed on
Jul 18, 2023
Sold by
Teasdale Robert D and Teasdale Lynda
Bought by
Robert Teasdale And Lynda Niemeier-Teasdale F and Teasdale

Purchase Details

Closed on
Dec 17, 2007
Sold by
Niemeier Lynda
Bought by
Niemeier Teasdale Lynda and Teasdale Robert D

Purchase Details

Closed on
May 18, 2007
Sold by
Niemeier Lynda
Bought by
Teasdale Robert D and Niemeier Teasdale Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2007
Sold by
Teasdale Robert D
Bought by
Niemeier Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Vahey Magdalena
Bought by
Vahey Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.78%

Purchase Details

Closed on
Apr 4, 2001
Sold by
Vahey Magdalena
Bought by
Vahey Magdalena and Vahey Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.57%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Magdalena Vahey
Bought by
Vahey Magdalena and Vahey Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 1995
Sold by
Vahey Magdalena
Bought by
Vahey Magdalena

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Souls Lauren Leigh $2,560,000 Old Republic Title
Robert Teasdale And Lynda Niemeier-Teasdale F -- None Listed On Document
Niemeier Teasdale Lynda -- None Available
Teasdale Robert D -- None Available
Niemeier Lynda -- California Land Title Marin
Niemeier Lynda $1,725,000 California Land Title Marin
Vahey Magdalena -- First American Title Company
Vahey Magdalena -- First American Title Company
Vahey Magdalena -- --
Vahey Magdalena -- Old Republic Title Company
Vahey Magdalena -- California Land Title Co
Vahey Magda -- California Land Title Co
Vahey Magdalena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souls Lauren Leigh $1,792,000
Previous Owner Niemeier Lynda $1,380,000
Previous Owner Vahey Magdalena $380,000
Previous Owner Vahey Magdalena $340,000
Previous Owner Vahey Magda $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $2,560,000 0.0% $853 / Sq Ft
09/30/2024 09/30/24 Sold $2,560,000 +2.6% $853 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/18/2024 09/18/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $2,495,000 0.0% $832 / Sq Ft
08/27/2024 08/27/24 For Sale $2,495,000 -- $832 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,502 $2,265,648 $1,132,824 $1,132,824
2023 $28,915 $2,221,230 $1,110,615 $1,110,615
2022 $27,772 $2,177,690 $1,088,845 $1,088,845
2021 $27,477 $2,134,998 $1,067,499 $1,067,499
2020 $27,006 $2,113,106 $1,056,553 $1,056,553
2019 $26,229 $2,071,690 $1,035,845 $1,035,845
2018 $25,567 $2,031,084 $1,015,542 $1,015,542
2017 $25,036 $1,991,270 $995,635 $995,635
2016 $24,024 $1,952,234 $976,117 $976,117
2015 $24,080 $1,922,926 $961,463 $961,463
2014 $15,862 $1,207,500 $603,750 $603,750
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324068464

Bay Area Real Estate Information Services (BAREIS)

APN: 065-292-18