$1,575,000

317 Olema Rd Fairfax, CA 94930

Estimated payment $10,139/month

Total Views 2,279
6 Beds
6 Baths
3,200 Sq Ft
$492 Price per Sq Ft

Highlights

  • Forest View
  • Secluded Lot
  • Fenced Yard
  • Manor Elementary School Rated A-
  • Wood Flooring
  • Fireplace

About This Home

Great opportunity to own two sweet homes on a large lot in the flats just west of town. Both are 3 bedroom/2 baths and have been updated with wood floors, dual pane windows, newer kitchen cabinets and stone countertops. Ideal living situation, occupy one or both or rent the other. Easy off street parking with a long crescent shaped driveway that serves both homes. Open great room design with dining and living areas plus wood burning fireplaces surrounded by three walls of picture windows bringing the wooded views and nature's privacy into the homes. Concrete patios back up to the undeveloped hillside, low maintenance and privacy. This unique situation provides a number of living, rental or numerous options in today's housing market for those looking to get great value for the dollar. Both homes are fully separate metered with gas, electric and water. Newer dual pane windows except the picture windows in the living rooms, fresh interior paint throughout. Occupied unit 319 was not repainted and offers wood vinyl flooring.

Listing Agent

Bill Johnson

Coldwell Banker Realty License #00688853

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,184

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Property is zoned R1

Parking

  • 4 Car Attached Garage
  • 8 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Side-by-Side
  • Split Level Home
  • Concrete Foundation
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Entry
  • Storage
  • Forest Views

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • 220 Volts
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 174-051-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,184

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Interior Amenities: Formal Entry, Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Directions To Property: West on SF Drake through town, L-Olema Rd to 317
  • Lot Size Acres: 0.2525
  • CapRate: 4.80
  • Levels: Multi/Split, One
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Insulated Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood, See Remarks
  • Square Footage: 3200.00
  • NumberOfBuildings: 2

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Concrete Perimeter, Raised
  • Lot Features: Private, Secluded
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle
  • ExteriorFeatures: Fenced Yard, Yard Space
  • Patio And Porch Features: Enclosed Patio, Uncovered Patio
  • View: Forest

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Off Street, Side-by-Side
  • Total Parking Spaces: 12.00
  • Garage Spaces: 4.00
  • OpenParkingSpaces: 8.00

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electric, Natural Gas Connected
  • Water Source: Meter on Site, Public, Water District
  • Heating: Central, Fireplace(s), Gas
  • Laundry Features: In Each Unit, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas, Water

Schools

  • School District: Marin
  • Middle/Junior School District: Tamalpais Union

Lot Info

  • Assessor Parcel Number: 174-051-15
  • Lot Size Sq Ft: 10999.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection, Water

Building Info

  • Year Built: 1960

Multi Family

  • Three Bedroom Rent Range: 3900-4300
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

MLS Schools

  • Senior High School District: Ross Valley
  • School District (County): Marin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,184 $1,093,167 $657,267 $435,900
2023 $15,991 $1,071,735 $644,381 $427,354
2022 $15,759 $1,050,727 $631,750 $418,977
2021 $15,368 $1,030,127 $619,364 $410,763
2020 $15,145 $1,019,567 $613,015 $406,552
2019 $14,683 $999,583 $600,999 $398,584
2018 $14,198 $979,991 $589,220 $390,771
2017 $13,882 $960,783 $577,671 $383,112
2016 $13,211 $941,951 $566,348 $375,603
2015 $13,108 $927,807 $557,844 $369,963
2014 $12,580 $909,639 $546,921 $362,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $1,575,000 0.0% $492 / Sq Ft
03/26/2025 03/26/25 For Sale $1,575,000 -- $492 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $800,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $930,000 New Conventional
Closed $100,000 Commercial
Closed $930,000 New Conventional
Closed $525,000 New Conventional
Closed $137,200 Stand Alone Second
Closed $594,750 Stand Alone Refi Refinance Of Original Loan
Closed $600,000 Purchase Money Mortgage
Previous Owner $75,000 Stand Alone First
Previous Owner $100,000 Credit Line Revolving
Closed $100,000 No Value Available
Source: Public Records

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325028341

Bay Area Real Estate Information Services (BAREIS)

APN: 174-051-15