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32 Margarita Ter

Novato, CA 94947

2 bd 2 ba 1,183 sqft Built 1979 Lot 502 sqft condos
Most recent sale
$539,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $539,000 MLS #ML81904642
Aug 22, 2022 Listed $559,000 MLS #ML81904642
Jun 10, 2016 Sold $425,000 MLS #21610535
May 10, 2016 Listed $400,000 MLS #21610535
May 5, 2000 Sold $227,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $246,574 $312,120 $558,694 $7,711
2024 $246,574 $312,120 $558,694 $7,586
2023 $237,000 $300,000 $537,000 $7,414
2022 $278,875 $195,212 $474,087 $6,656
2021 $273,407 $191,385 $464,792 $6,650
2020 $270,605 $189,423 $460,028 $6,551
2019 $265,300 $185,710 $451,010 $6,343
2018 $260,100 $182,070 $442,170 $6,249
2017 $255,000 $178,500 $433,500 $6,136
2016 $191,565 $103,150 $294,715 $4,309
2015 $188,688 $101,601 $290,289 $4,235
2014 $184,992 $99,611 $284,603 $4,143
2013 $175,243 $94,362 $269,605 $3,961
2012 $166,899 $89,869 $256,768 $3,831
2010 $175,684 $94,599 $270,283 $3,944
2009 $176,102 $94,824 $270,926 $3,865
2008 $172,649 $92,965 $265,614 $3,614
2006 $169,264 $91,142 $260,406 $3,472

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,183 sqft
Lot size
502 sqft
ZIP code
94947
City
Novato
Street
Margarita Ter
Coordinates
38.08768, -122.55648

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,786
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value

Frequently asked questions

When did 32 Margarita Ter last sell?
32 Margarita Ter most recently sold on Oct 19, 2022 for $539,000.
What is the current tax assessment for 32 Margarita Ter?
The most recent total assessment for 32 Margarita Ter (year 2025) is $558,694 with $7,711 in property tax.
How does 32 Margarita Ter's assessment compare to its last sale price?
The current assessment is 3.7% above the last sale price of $539,000.
When was 32 Margarita Ter built?
32 Margarita Ter was built in 1979.
How does 32 Margarita Ter compare to others on Margarita Ter?
We track 8 other properties on Margarita Ter. Browse the list under "Other properties on Margarita Ter" to compare beds, baths, and sale history.
What are the property facts for 32 Margarita Ter?
32 Margarita Ter is a 2 bed, 2 bath, 1,183 sqft, 502 sqft lot condos.
Is 32 Margarita Ter a flip candidate?
No — 32 Margarita Ter does not appear in our flips dataset.
Is 32 Margarita Ter a tax-appeal candidate?
No — 32 Margarita Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.8%
Implied 1-yr
+15.0%
2026 Q3
$1.23M
2026 Q4
$1.27M
ZIP 94947 — Median Price History + Forecast

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