40 Martin Dr
Novato, CA 94949
2 bd 1 ba 850 sqft Built 1942 Lot 427 sqft condos
Most recent sale
$510,000
Jan 26, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 26, 2023 | Sold | $510,000 | Bareis |
| Jan 30, 1998 | Sold | $130,000 | Public Record |
| Mar 18, 1994 | Sold | $127,000 | Public Record |
| Apr 1, 1988 | Sold | $93,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $322,524 | $208,080 | $530,604 | $7,243 |
| 2024 | $322,524 | $208,080 | $530,604 | $7,123 |
| 2023 | $129,678 | $69,827 | $199,505 | $3,456 |
| 2022 | $127,136 | $68,457 | $195,593 | $3,376 |
| 2021 | $124,643 | $67,115 | $191,758 | $3,368 |
| 2020 | $123,365 | $66,427 | $189,792 | $3,327 |
| 2019 | $120,947 | $65,125 | $186,072 | $3,190 |
| 2018 | $118,576 | $63,848 | $182,424 | $3,136 |
| 2017 | $116,251 | $62,597 | $178,848 | $3,075 |
| 2016 | $113,972 | $61,369 | $175,341 | $2,884 |
| 2015 | $112,260 | $60,448 | $172,708 | $2,831 |
| 2014 | $110,062 | $59,264 | $169,326 | $2,756 |
| 2013 | $109,565 | $58,996 | $168,561 | $2,730 |
| 2012 | $107,417 | $57,840 | $165,257 | $2,693 |
| 2010 | $105,311 | $56,706 | $162,017 | $2,608 |
| 2009 | $104,773 | $56,416 | $161,189 | $2,542 |
| 2008 | $102,719 | $55,310 | $158,029 | $2,354 |
| 2006 | $100,705 | $54,225 | $154,930 | $2,298 |
Property facts
Year built
1942
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
850 sqft
Lot size
427 sqft
ZIP code
94949
City
Novato
Street
Martin Dr
Coordinates
38.05681, -122.52845
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
$2,720
Gross rental yield
6.40%
Implied cap rate
4.16%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Martin Dr last sell?
40 Martin Dr most recently sold on Jan 26, 2023 for $510,000.
What is the current tax assessment for 40 Martin Dr?
The most recent total assessment for 40 Martin Dr (year 2025) is $530,604 with $7,243 in property tax.
How does 40 Martin Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $510,000.
When was 40 Martin Dr built?
40 Martin Dr was built in 1942.
How does 40 Martin Dr compare to others on Martin Dr?
We track 8 other properties on Martin Dr. Browse the list under "Other properties on Martin Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Martin Dr?
40 Martin Dr is a 2 bed, 1 bath, 850 sqft, 427 sqft lot condos.
Is 40 Martin Dr a flip candidate?
No — 40 Martin Dr does not appear in our flips dataset.
Is 40 Martin Dr a tax-appeal candidate?
No — 40 Martin 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
-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 Martin Dr