2 months on rocket

Sale Pending

1222 2nd St, Novato, CA, 94945

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,124 SqFt
$565/SqFt
Multi

Location

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1222 2nd St, Novato$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Garage, Off Street
Garage2 spaces
Year Built1960
HeatingWall Furnace
CoolingNone
MLS #324043351
Lot Size0.17 Acres
StatusSale Pending
(Contingent - No Show)

About 1222 2nd St

Welcome to 1222-1224 Second Street! This townhouse-style duplex is an exceptional investment opportunity near downtown shopping, dining, and transportation. Each mirror-image unit features 3 bedrooms, 1-bathroom, bright floor plans, hardwood flooring, a one-car garage, and spacious backyards. Ideal for investors or homeowners seeking rental income, the property offers significant potential. The current owners have submitted a permit application for two ADU units in the rear, each with two bedrooms and two bathrooms. The project is currently in plan check with the City of Novato. This application can be transferred to the new owner after closing. Both units feature landscaped yards, in-unit laundry, and dedicated off-street parking. Each unit is individually metered, and tenants manage their utility bills, ensuring straightforward management. Don't miss this opportunity at 1222-1224 Second Street. Invest in Novato's thriving real estate market and envision future possibilities. Schedule a viewing today and step into your next profitable venture!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 2,124 SqFt

Listing Office:

  • Office Name: West Cal Financial
  • Office Phone: (415) 250-7241, 0
  • Listing Agent: Angel Morales

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Garage, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Redwood Blvd to Olive Ave. to 2nd Street. The unit is at the very end of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $565/SqFt
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Housing Market Comparison

See how this home compares to others in Novato, CA.

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Novato, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$580

Avg. Days On Market

64

# of Sold Homes

36

1222 2nd St vs Novato

85 DAYS ON ROCKET

+21 Days

$1,200,000

+$138.7K More

$565/SqFt

-$16 Less

KEY TAKEAWAY

This property is $138.7K more than the Median Sold Price and $16/SqFt less than other homes in Novato, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BAREIS MLS
  • MLS Number: #324043351

Listing Office:

  • Office Name: West Cal Financial
  • Office Phone: (415) 250-7241, 0
  • Listing Agent: Angel Morales

IDXCopyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1097507
5
/10

  • Olive Elementary School

  • 629 Plum St

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-1097508
2
/10

  • Lu Sutton Elementary School

  • 1800 Center Rd

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-1097509
7
/10

  • Rancho Elementary School

  • 1430 Johnson St

  • 1.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,663. Residents of Novato, CA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Marin County›Novato›94945›1222 2nd St

This home is located at 1222 2nd St in Novato, CA and zip code 94945 in the Central Novato neighborhood. This 2,124 square foot home, which was built in 1960, sits on a 0.17 acre lot. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $1,200,000.

In August 2024 more than 10 listings in Novato, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 18 were sold below. The number of homes for sale in Novato, CA decreased by 4.1% between July 2024 and August 2024. The median list price of listings available in August 2024 was $1,061,250, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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