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 spacious 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 countertops, 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 convenience 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.
Closed
Tax assessed value
$999,000
1645 Merritt Drive, Novato, CA 94949
5beds
2,189sqft
Duplex
Built in 1965
-- sqft lot
$1,092,500 Zestimate®
$456/sqft
$3,806 Estimated rent
Home value
$1,092,500
$1.01M - $1.19M
$3,806/mo
Zestimate® history
Owner options
List your home for rent
$3,806/mo
Rent Zestimate®
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$3,806/mo
Rent Zestimate®
Refinance and save
$6,294/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,294/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Faber Real Estate Team DRE #01913767,
Compass 415-380-6100
Bought with:
Brian Byers, DRE #01386695
Compass
Source: BAREIS,MLS#: 324041200
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Heating
- Central, Gas
Cooling
- None
Appliances
- Laundry: Washer/Dryer Hookups, Other
Features
- Unit 1 - Beds: 0, Baths: 0, Square Footage: 2206 | Unit 2 - Beds: 2, Baths: 2, Square Footage: 1206 | Unit 3 - Beds: 3, Baths: 0, Square Footage: 2206 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 2206
Interior area
- Total structure area: 2,189
- Total interior livable area: 2,189 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Side By Side
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
Lot
- Size: 7,801 sqft
- Features: None
Details
- Parcel number: 15035201
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Novato
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $999,000+5.3%$456/sqft |
Source:  BAREIS #324041200 Report a problem | ||
| 6/12/2024 | Pending sale | $949,000$434/sqft |
Source: BAREIS #324041200 Report a problem | ||
| 5/29/2024 | Listed for sale | $949,000+20.9%$434/sqft |
Source: BAREIS #324041200 Report a problem | ||
| 5/3/2024 | Sold | $785,000+12.3%$359/sqft |
Source: BAREIS #324030243 Report a problem | ||
| 4/26/2024 | Pending sale | $699,000$319/sqft |
Source: BAREIS #324030243 Report a problem | ||
| 4/26/2024 | Listed for sale | $699,000+108.7%$319/sqft |
Source: BAREIS #324030243 Report a problem | ||
| 1/29/1999 | Sold | $335,000$153/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,718 +31% | $999,000 +94% |
| 2024 | $10,475 +29.9% | $514,854 +2% |
| 2023 | $8,064 +2.5% | $504,760 +2% |
| 2022 | $7,869 +0.2% | $494,865 +2% |
| 2021 | $7,854 -10.7% | $485,163 +1% |
| 2020 | $8,797 +4.4% | $480,188 +2% |
| 2019 | $8,424 +15.6% | $470,774 +2% |
| 2018 | $7,286 +2% | $461,545 +2% |
| 2017 | $7,144 +7% | $452,497 +2% |
| 2016 | $6,678 +1.9% | $443,626 +1.5% |
| 2015 | $6,556 +2.4% | $436,963 +2% |
| 2014 | $6,399 | $428,404 +0.5% |
| 2013 | -- | $426,471 +2% |
| 2012 | -- | $418,109 +2% |
| 2011 | -- | $409,912 +0.8% |
| 2010 | -- | $406,850 -0.2% |
| 2009 | -- | $407,818 +2% |
| 2008 | -- | $399,821 +2% |
| 2007 | -- | $391,983 +2% |
| 2006 | -- | $384,298 +2% |
| 2005 | -- | $376,764 +2% |
| 2004 | -- | $369,377 +1.9% |
| 2003 | -- | $362,610 +2% |
| 2002 | -- | $355,501 +2% |
| 2001 | -- | $348,533 |
Find assessor info on the county website
Neighborhood: 94949
Nearby schools
GreatSchools rating
- 7/10Lynwood Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10San Jose MiddleGrades: 6-8Distance: 0.1 mi
- 8/10Novato High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,092,500
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
$1,092,500
- California
- Marin County
- Novato
- 94949
- 1645 Merritt Drive
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