Motivated Seller Moving Out Of The Country! Bring an Offer. Nestled in the serene Scottsdale Lake neighborhood, this charming end unit 2-bedroom, 1 1/2-bathroom condo offers a peaceful retreat with modern comforts. The open-concept living area features a cozy fireplace and large windows that invite natural light, creating a warm and inviting atmosphere. The updated kitchen boasts quartz countertops and stainless steel appliances, perfect for culinary enthusiasts. Both bedrooms are generously sized, with the primary suite offering an en-suite bathroom and ample walk-in closet space. Step outside to your private patio open to views of Scottsdale Pond, ideal for morning coffee or evening relaxation. The community amenities include a pool, tennis courts, basketball court, and clubhouse, providing plenty of options for recreation and socializing. Located just minutes from Highway 101, this condo is a commuter's dream offering easy access to San Francisco, the Napa-Sonoma wine country, and Marin's best shopping, dining, and outdoor recreation. This property also presents a rare opportunity with a possible assumable Veterans Administration (VA) loan, which could offer qualified buyers significant savings with a lower interest rate than current market options.
Closed
$605,000
52 Margarita Terrace, Novato, CA 94947
2beds
1,118sqft
Condominium
Built in 1979
-- sqft lot
$413,900 Zestimate®
$541/sqft
$3,116 Estimated rent
Home value
$413,900
$385,000 - $443,000
$3,116/mo
Zestimate® history
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$4,488/mo
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List your homeWhat's special
Cozy fireplacePrivate patioEn-suite bathroomLarge windowsPrimary suiteQuartz countertopsSerene scottsdale lake neighborhood
Zillow last checked:
Listing updated:
Listed by:
David A Tucker DRE #01894862 415-747-4328,
Holmes Burrell Real Estate 415-446-9444
Bought with:
Brendan M Laing, DRE #02140408
Holmes Burrell Real Estate
Source: BAREIS,MLS#: 325050081
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
Bedroom
- Level: Upper
Primary bathroom
- Features: Tub w/Shower Over
Bathroom
- Level: Main,Upper
Dining room
- Level: Main
Kitchen
- Features: Pantry Cabinet, Quartz Counter
- Level: Main
Living room
- Features: View
- Level: Main
Heating
- Central, Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked
- Laundry: Laundry Closet
Features
- Flooring: Carpet, Simulated Wood, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,118
- Total interior livable area: 1,118 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, Unassigned
- Carport spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: In Ground, Fenced
- Spa features: In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1,119 Square Feet
- Features: Landscape Misc, Low Maintenance
Details
- Parcel number: 15235026
- Special conditions: Offer As Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Internet Available, Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
- Services included: Common Areas, Insurance on Structure, Maintenance Structure, Maintenance Grounds, Pool, Roof, Sewer, Trash, Water
- HOA fee: $656 monthly
- HOA name: Scottsdale Lake HOA
- HOA phone: 415-321-8283
Location
- Region: Novato
Financial & listing details
- Price per square foot: $541/sqft
- Tax assessed value: $497,182
- Annual tax amount: $7,009
- Date on market: 5/30/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Sold | $605,000+0.8%$541/sqft |
Source:  BAREIS #325050081 Report a problem | ||
| 7/1/2025 | Contingent | $600,000$537/sqft |
Source: BAREIS #325050081 Report a problem | ||
| 6/25/2025 | Price change | $600,000-0.8%$537/sqft |
Source: BAREIS #325050081 Report a problem | ||
| 5/31/2025 | Listed for sale | $605,000+44%$541/sqft |
Source: BAREIS #325050081 Report a problem | ||
| 1/4/2016 | Sold | $420,000$376/sqft |
Source: Public Record Report a problem | ||
| 12/6/2015 | Pending sale | $420,000$376/sqft |
Source: Marin Realty Experts #21525566 Report a problem | ||
| 11/19/2015 | Price change | $420,000-2.3%$376/sqft |
Source: Marin Realty Experts #21525566 Report a problem | ||
| 10/20/2015 | Listed for sale | $430,000+28.4%$385/sqft |
Source: Marin Realty Experts #21525566 Report a problem | ||
| 11/24/2014 | Listing removed | $2,300$2/sqft |
Source: Marin Realty Experts Report a problem | ||
| 11/6/2014 | Listed for rent | $2,300$2/sqft |
Source: Marin Realty Experts Report a problem | ||
| 4/30/2003 | Sold | $335,000+97.1%$300/sqft |
Source: Public Record Report a problem | ||
| 8/19/1998 | Sold | $170,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,009 +1.7% | $497,182 +2% |
| 2024 | $6,893 +3.6% | $487,435 +2% |
| 2023 | $6,655 +2.4% | $477,879 +2% |
| 2022 | $6,501 -0.1% | $468,509 +2% |
| 2021 | $6,510 +0.5% | $459,324 +1% |
| 2020 | $6,477 +3.2% | $454,615 +2% |
| 2019 | $6,276 +1.5% | $445,704 +2% |
| 2018 | $6,183 +1.8% | $436,968 +2% |
| 2017 | $6,072 +14.8% | $428,400 +4.5% |
| 2016 | $5,290 +14.7% | $409,842 +17.1% |
| 2015 | $4,613 +19.6% | $350,000 +20.5% |
| 2014 | $3,858 | $290,472 +12% |
| 2013 | -- | $259,350 +5% |
| 2012 | -- | $247,000 -5% |
| 2011 | -- | $260,000 |
| 2010 | -- | $260,000 -12.8% |
| 2009 | -- | $298,150 -19.3% |
| 2008 | -- | $369,381 +2% |
| 2007 | -- | $362,138 +2% |
| 2006 | -- | $355,039 +2% |
| 2005 | -- | $348,078 +2% |
| 2004 | -- | $341,254 +85.5% |
| 2003 | -- | $184,010 +2% |
| 2002 | -- | $180,403 +2% |
| 2001 | -- | $176,867 |
Find assessor info on the county website
Neighborhood: 94947
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Nearby schools
GreatSchools rating
- 7/10Lynwood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10San Jose MiddleGrades: 6-8Distance: 1.1 mi
- 8/10Novato High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$413,900
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Estimated market value
$413,900
- California
- Marin County
- Novato
- 94947
- 52 Margarita Terrace
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