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2 Paper Mill Creek Ct

Novato, CA 94949

4 bd 3 ba 2,285 sqft Built 1974 Lot 1,764 sqft townhomes
Most recent sale
$1,325,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $1,325,000 MLS #322048492
May 31, 2022 Listed $1,250,000 MLS #322048492
Dec 6, 2001 Sold $475,000 Public Record
Aug 29, 1996 Sold $299,000 Public Record
Aug 20, 1996 Sold $299,000 Public Record
Sep 30, 1985 Sold $199,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $426,279 $291,684 $717,963 $9,868
2024 $426,279 $291,684 $717,963 $9,710
2023 $675,000 $650,000 $1,325,000 $9,500
2022 $396,722 $264,481 $661,203 $9,027
2021 $388,945 $259,296 $648,241 $9,012
2020 $384,958 $256,638 $641,596 $8,874
2019 $377,411 $251,607 $629,018 $8,525
2018 $370,012 $246,675 $616,687 $8,395
2017 $362,759 $241,839 $604,598 $8,243
2016 $355,648 $237,099 $592,747 $7,667
2015 $350,307 $233,538 $583,845 $7,542
2014 $343,447 $228,965 $572,412 $7,398
2013 $325,351 $216,900 $542,251 $6,987
2012 $309,859 $206,572 $516,431 $6,744
2010 $326,168 $217,445 $543,613 $7,003
2009 $326,943 $217,962 $544,905 $6,895
2008 $320,533 $213,689 $534,222 $6,530
2006 $314,249 $209,499 $523,748 $6,325

Property facts

Year built
1974
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
2,285 sqft
Lot size
1,764 sqft
ZIP code
94949
City
Novato
Street
Paper Mill Creek Ct
Coordinates
38.04866, -122.54298

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
$7,312
Gross rental yield
6.62%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 2 Paper Mill Creek Ct last sell?
2 Paper Mill Creek Ct most recently sold on Jul 7, 2022 for $1,325,000.
What is the current tax assessment for 2 Paper Mill Creek Ct?
The most recent total assessment for 2 Paper Mill Creek Ct (year 2025) is $717,963 with $9,868 in property tax.
How does 2 Paper Mill Creek Ct's assessment compare to its last sale price?
The current assessment is 45.8% below the last sale price of $1,325,000.
When was 2 Paper Mill Creek Ct built?
2 Paper Mill Creek Ct was built in 1974.
How does 2 Paper Mill Creek Ct compare to others on Paper Mill Creek Ct?
We track 8 other properties on Paper Mill Creek Ct. Browse the list under "Other properties on Paper Mill Creek Ct" to compare beds, baths, and sale history.
What are the property facts for 2 Paper Mill Creek Ct?
2 Paper Mill Creek Ct is a 4 bed, 3 bath, 2,285 sqft, 1,764 sqft lot townhomes.
Is 2 Paper Mill Creek Ct a flip candidate?
No — 2 Paper Mill Creek Ct does not appear in our flips dataset.
Is 2 Paper Mill Creek Ct a tax-appeal candidate?
No — 2 Paper Mill Creek Ct 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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