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261 Marin Valley Dr

Novato, CA 94949

2 bd 2 ba 1,040 sqft Built 1978 Lot 701 sqft condos
Most recent sale
$525,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $525,000 MLS #322037769
May 6, 2022 Price changed $525,000 MLS #322037769
Apr 27, 2022 Listed $489,500 MLS #322037769
Apr 7, 2016 Sold $380,000 MLS #21603615
Feb 25, 2016 Listed $379,900 MLS #21603615
Oct 10, 2003 Sold $295,000 Public Record
Apr 1, 1990 Sold $126,000 Public Record
Apr 1, 1981 Sold $94,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $344,890 $212,240 $557,130 $5,475
2024 $344,890 $212,240 $557,130 $5,492
2023 $331,500 $204,000 $535,500 $7,288
2022 $273,297 $150,592 $423,889 $6,061
2021 $267,939 $147,640 $415,579 $6,056
2020 $265,192 $146,126 $411,318 $5,968
2019 $259,994 $143,262 $403,256 $5,782
2018 $254,898 $140,454 $395,352 $5,695
2017 $249,900 $137,700 $387,600 $5,592
2016 $220,000 $100,000 $320,000 $4,555
2015 $230,200 $69,800 $300,000 $4,236
2014 $172,085 $52,147 $224,232 $3,375
2013 $153,648 $46,560 $200,208 $3,094
2012 $153,648 $46,560 $200,208 $3,097
2010 $158,400 $48,000 $206,400 $3,130
2009 $186,034 $138,007 $324,041 $4,351
2008 $182,387 $135,302 $317,689 $4,079
2006 $178,812 $132,650 $311,462 $3,931

Property facts

Year built
1978
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
701 sqft
ZIP code
94949
City
Novato
Street
Marin Valley Dr
Coordinates
38.04869, -122.53010

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,328
Gross rental yield
7.61%
Implied cap rate
4.94%
Trend-extrapolated value

Frequently asked questions

When did 261 Marin Valley Dr last sell?
261 Marin Valley Dr most recently sold on Jun 2, 2022 for $525,000.
What is the current tax assessment for 261 Marin Valley Dr?
The most recent total assessment for 261 Marin Valley Dr (year 2025) is $557,130 with $5,475 in property tax.
How does 261 Marin Valley Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $525,000.
When was 261 Marin Valley Dr built?
261 Marin Valley Dr was built in 1978.
How does 261 Marin Valley Dr compare to others on Marin Valley Dr?
We track 8 other properties on Marin Valley Dr. Browse the list under "Other properties on Marin Valley Dr" to compare beds, baths, and sale history.
What are the property facts for 261 Marin Valley Dr?
261 Marin Valley Dr is a 2 bed, 2 bath, 1,040 sqft, 701 sqft lot condos.
Is 261 Marin Valley Dr a flip candidate?
No — 261 Marin Valley Dr does not appear in our flips dataset.
Is 261 Marin Valley Dr a tax-appeal candidate?
No — 261 Marin Valley Dr 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
-4.7%
Implied 1-yr
-18.7%
2026 Q2
$651.8K
2026 Q3
$608.1K
ZIP 94949 — Median Price History + Forecast

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