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232 San Felipe Way

Novato, CA 94945

4 bd 2 ba 1,804 sqft Built 1963 Lot 9,100 sqft single_family
Most recent sale
$1,050,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $1,050,000 MLS #40995021
Aug 8, 2022 Price changed $1,100,000 MLS #40995021
Jul 19, 2022 Price changed $1,149,000 MLS #40995021
Jun 19, 2022 Listed $1,199,000 MLS #40995021

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,180 $624,240 $1,092,420 $13,919
2024 $468,180 $624,240 $1,092,420 $13,707
2023 $450,000 $600,000 $1,050,000 $13,428
2022 $280,437 $285,437 $565,874 $7,825
2021 $108,703 $30,845 $139,548 $3,044
2020 $107,589 $30,528 $138,117 $3,011
2019 $105,480 $29,930 $135,410 $2,780
2018 $103,412 $29,343 $132,755 $2,727
2016 $99,397 $28,204 $127,601 $2,518
2015 $97,904 $27,780 $125,684 $2,469
2014 $95,986 $27,236 $123,222 $2,397
2013 $95,553 $27,113 $122,666 $2,369
2012 $93,680 $26,582 $120,262 $2,332
2010 $91,157 $25,866 $117,023 $2,256
2009 $91,374 $25,927 $117,301 $2,180
2008 $89,583 $25,419 $115,002 $1,995
2006 $87,826 $24,921 $112,747 $1,861

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,804 sqft
Lot size
9,100 sqft
ZIP code
94945
City
Novato
Street
San Felipe Way
Coordinates
38.12078, -122.60616

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
$5,773
Gross rental yield
6.60%
Implied cap rate
4.29%
Trend-extrapolated value

Frequently asked questions

When did 232 San Felipe Way last sell?
232 San Felipe Way most recently sold on Aug 25, 2022 for $1,050,000.
What is the current tax assessment for 232 San Felipe Way?
The most recent total assessment for 232 San Felipe Way (year 2025) is $1,092,420 with $13,919 in property tax.
How does 232 San Felipe Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,050,000.
When was 232 San Felipe Way built?
232 San Felipe Way was built in 1963.
How does 232 San Felipe Way compare to others on San Felipe Way?
We track 8 other properties on San Felipe Way. Browse the list under "Other properties on San Felipe Way" to compare beds, baths, and sale history.
What are the property facts for 232 San Felipe Way?
232 San Felipe Way is a 4 bed, 2 bath, 1,804 sqft, 9,100 sqft lot single_family.
Is 232 San Felipe Way a flip candidate?
No — 232 San Felipe Way does not appear in our flips dataset.
Is 232 San Felipe Way a tax-appeal candidate?
No — 232 San Felipe Way 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$1.18M
2026 Q4
$1.17M
ZIP 94945 — Median Price History + Forecast

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