This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $615,000
Street View
Tax assessed value
$615,000
12 Velasco Ct, Novato, CA 94949
2beds
1baths
1,080sqft
Condo
Built in 1974
-- sqft lot
$635,000 Zestimate®
$569/sqft
$3,576 Estimated rent
Home value
$635,000
$572,000 - $705,000
$3,576/mo
Zestimate® history
Owner options
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$3,576/mo
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$4,508/mo
Est. payment
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$4,508/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1.5
Heating
- Other
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,080 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
Lot
- Size: 1,481 Square Feet
Details
- Parcel number: 16049119
Construction
Type & style
- Home type: Condo
- Architectural style: Colonial
Materials
- wood frame
Condition
- Year built: 1974
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $500 monthly
Location
- Region: Novato
Financial & listing details
- Price per square foot: $569/sqft
- Tax assessed value: $615,000
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $615,000-3.1%$569/sqft |
Source: Public Record Report a problem | ||
| 12/3/2025 | Pending sale | $635,000$588/sqft |
Source: MetroList Services of CA #325092712 Report a problem | ||
| 11/7/2025 | Listed for sale | $635,000+75.9%$588/sqft |
Source: MetroList Services of CA #325092712 Report a problem | ||
| 1/26/2010 | Sold | $361,000-5%$334/sqft |
Source: Public Record Report a problem | ||
| 11/12/2009 | Price change | $380,000-9.5%$352/sqft |
Source: foreclosure.com Report a problem | ||
| 11/6/2009 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 11/3/2009 | Sold | $420,000+78%$389/sqft |
Source: Public Record Report a problem | ||
| 4/7/1998 | Sold | $236,000$219/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $615,000 +32% |
| 2025 | $6,380 +1.8% | $465,952 +2% |
| 2024 | $6,267 +2.5% | $456,819 +2% |
| 2023 | $6,112 +2.5% | $447,863 +2% |
| 2022 | $5,963 +0.2% | $439,083 +2% |
| 2021 | $5,954 +1.6% | $430,477 +1% |
| 2020 | $5,863 +2.7% | $426,066 +2% |
| 2019 | $5,707 -2.7% | $417,712 +2% |
| 2018 | $5,867 +1.9% | $409,525 +2% |
| 2017 | $5,757 +12.1% | $401,496 +2% |
| 2016 | $5,136 -2.7% | $393,626 +1.5% |
| 2015 | $5,276 +10% | $387,716 +11.9% |
| 2014 | $4,796 | $346,330 +12% |
| 2013 | -- | $309,224 +5% |
| 2012 | -- | $294,500 -18.4% |
| 2011 | -- | $361,000 -3.7% |
| 2010 | -- | $375,000 +28.2% |
| 2009 | -- | $292,620 +2% |
| 2008 | -- | $286,883 +2% |
| 2007 | -- | $281,260 +2% |
| 2006 | -- | $275,746 +2% |
| 2005 | -- | $270,340 +2% |
| 2004 | -- | $265,038 +1.9% |
| 2003 | -- | $260,182 +2% |
| 2002 | -- | $255,082 +2% |
| 2001 | -- | $250,081 |
Find assessor info on the county website
Neighborhood: Pacheo Valle
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Loma Verde Elementary SchoolGrades: K-5Distance: 1.3 mi
- 5/10San Jose MiddleGrades: 6-8Distance: 2.6 mi
- 8/10Novato High SchoolGrades: 9-12Distance: 3.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$635,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$635,000
- California
- Marin County
- Novato
- 94949
- Pacheo Valle
- 12 Velasco Ct
