7 Madrid Ct
Novato, CA 94949
3 bd 3 ba 1,349 sqft Built 1987 Lot 1,024 sqft townhomes
Most recent sale
$740,000
Feb 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 24, 2022 | Sold | $740,000 | MLS #322001638 |
| Jan 11, 2022 | Listed | $667,000 | MLS #322001638 |
| May 7, 1993 | Sold | $203,000 | Public Record |
| Dec 16, 1988 | Sold | $220,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $388,929 | $392,644 | $781,573 | $10,302 |
| 2024 | $388,929 | $392,644 | $781,573 | $10,140 |
| 2023 | $373,830 | $377,400 | $751,230 | $9,924 |
| 2022 | $223,504 | $114,348 | $337,852 | $5,211 |
| 2021 | $219,122 | $112,106 | $331,228 | $5,202 |
| 2020 | $216,875 | $110,957 | $327,832 | $5,130 |
| 2019 | $212,623 | $108,781 | $321,404 | $4,921 |
| 2018 | $208,453 | $106,648 | $315,101 | $4,844 |
| 2017 | $204,367 | $104,557 | $308,924 | $4,754 |
| 2016 | $200,360 | $102,508 | $302,868 | $4,439 |
| 2015 | $197,352 | $100,968 | $298,320 | $4,363 |
| 2014 | $193,486 | $98,991 | $292,477 | $4,269 |
| 2013 | $192,612 | $98,543 | $291,155 | $4,237 |
| 2012 | $188,836 | $96,611 | $285,447 | $4,188 |
| 2010 | $183,750 | $94,010 | $277,760 | $4,064 |
| 2009 | $184,188 | $94,234 | $278,422 | $3,980 |
| 2008 | $180,577 | $92,386 | $272,963 | $3,726 |
| 2006 | $177,038 | $90,575 | $267,613 | $3,576 |
Property facts
Year built
1987
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,349 sqft
Lot size
1,024 sqft
ZIP code
94949
City
Novato
Street
Madrid Ct
Coordinates
38.06051, -122.53531
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,317
Gross rental yield
7.00%
Implied cap rate
4.55%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Madrid Ct last sell?
7 Madrid Ct most recently sold on Feb 24, 2022 for $740,000.
What is the current tax assessment for 7 Madrid Ct?
The most recent total assessment for 7 Madrid Ct (year 2025) is $781,573 with $10,302 in property tax.
How does 7 Madrid Ct's assessment compare to its last sale price?
The current assessment is 5.6% above the last sale price of $740,000.
When was 7 Madrid Ct built?
7 Madrid Ct was built in 1987.
How does 7 Madrid Ct compare to others on Madrid Ct?
We track 4 other properties on Madrid Ct. Browse the list under "Other properties on Madrid Ct" to compare beds, baths, and sale history.
What are the property facts for 7 Madrid Ct?
7 Madrid Ct is a 3 bed, 3 bath, 1,349 sqft, 1,024 sqft lot townhomes.
Is 7 Madrid Ct a flip candidate?
No — 7 Madrid Ct does not appear in our flips dataset.
Is 7 Madrid Ct a tax-appeal candidate?
No — 7 Madrid Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.7%
Implied 1-yr
-18.7%
2026 Q2
$651.8K
2026 Q3
$608.1K
ZIP 94949 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madrid Ct