516 Malobar Dr
Novato, CA 94945
4 bd 3 ba 2,254 sqft Built 1976 Lot 11,025 sqft single_family
Most recent sale
$1,185,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $1,185,000 | MLS #322041582 |
| May 9, 2022 | Listed | $1,295,000 | MLS #322041582 |
| Jan 13, 1994 | Sold | $285,000 | Public Record |
| Aug 18, 1982 | Sold | $170,000 | Public Record |
| Sep 1, 1977 | Sold | $96,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $580,492 | $689,780 | $1,270,272 | $16,542 |
| 2024 | $580,492 | $689,780 | $1,270,272 | $16,277 |
| 2023 | $545,700 | $663,000 | $1,208,700 | $15,808 |
| 2022 | $296,283 | $160,153 | $456,436 | $6,649 |
| 2021 | $290,474 | $157,013 | $447,487 | $6,633 |
| 2020 | $287,497 | $155,404 | $442,901 | $6,536 |
| 2019 | $281,860 | $152,357 | $434,217 | $6,218 |
| 2018 | $276,334 | $149,370 | $425,704 | $6,120 |
| 2017 | $270,917 | $146,442 | $417,359 | $6,006 |
| 2016 | $265,606 | $143,571 | $409,177 | $5,597 |
| 2015 | $261,617 | $141,415 | $403,032 | $5,502 |
| 2014 | $256,493 | $138,645 | $395,138 | $5,390 |
| 2013 | $255,335 | $138,019 | $393,354 | $5,353 |
| 2012 | $250,329 | $135,313 | $385,642 | $5,293 |
| 2010 | $243,587 | $131,669 | $375,256 | $5,135 |
| 2009 | $244,166 | $131,982 | $376,148 | $5,038 |
| 2008 | $239,380 | $129,395 | $368,775 | $4,744 |
| 2006 | $234,687 | $126,858 | $361,545 | $4,564 |
Property facts
Year built
1976
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,254 sqft
Lot size
11,025 sqft
ZIP code
94945
City
Novato
Street
Malobar Dr
Coordinates
38.12357, -122.52988
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,213
Gross rental yield
7.30%
Implied cap rate
4.75%
Trend-extrapolated value
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Frequently asked questions
When did 516 Malobar Dr last sell?
516 Malobar Dr most recently sold on Jun 16, 2022 for $1,185,000.
What is the current tax assessment for 516 Malobar Dr?
The most recent total assessment for 516 Malobar Dr (year 2025) is $1,270,272 with $16,542 in property tax.
How does 516 Malobar Dr's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $1,185,000.
When was 516 Malobar Dr built?
516 Malobar Dr was built in 1976.
How does 516 Malobar Dr compare to others on Malobar Dr?
We track 4 other properties on Malobar Dr. Browse the list under "Other properties on Malobar Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Malobar Dr?
516 Malobar Dr is a 4 bed, 3 bath, 2,254 sqft, 11,025 sqft lot single_family.
Is 516 Malobar Dr a flip candidate?
No — 516 Malobar Dr does not appear in our flips dataset.
Is 516 Malobar Dr a tax-appeal candidate?
No — 516 Malobar Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$1.18M
2026 Q4
$1.17M
ZIP 94945 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Malobar Dr