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242 San Felipe Way

Novato, CA 94945

4 bd 2 ba 1,809 sqft Built 1963 Lot 10,498 sqft single_family
Most recent sale
$1,150,000
Nov 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2022 Sold $1,150,000 Bareis
Sep 28, 2022 Listed $1,199,000 Bareis

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $302,289 $321,157 $623,446 $8,209
2024 $302,289 $321,157 $623,446 $8,070
2023 $400,000 $750,000 $1,150,000 $14,460
2022 $118,931 $31,442 $150,373 $2,806
2021 $116,599 $30,826 $147,425 $2,791
2020 $115,404 $30,510 $145,914 $2,757
2019 $113,142 $29,912 $143,054 $2,526
2018 $110,924 $29,325 $140,249 $2,474
2017 $108,749 $28,750 $137,499 $2,417
2016 $106,617 $28,187 $134,804 $2,346
2015 $105,015 $27,763 $132,778 $2,295
2014 $102,958 $27,220 $130,178 $2,647
2013 $102,494 $27,097 $129,591 $2,194
2012 $100,484 $26,566 $127,050 $2,157
2010 $98,514 $26,045 $124,559 $2,078
2009 $98,011 $25,912 $123,923 $2,253
2008 $96,089 $25,404 $121,493 $2,065
2006 $94,206 $24,906 $119,112 $1,930

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,809 sqft
Lot size
10,498 sqft
ZIP code
94945
City
Novato
Street
San Felipe Way
Coordinates
38.12043, -122.60704

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
$5,789
Gross rental yield
6.04%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 242 San Felipe Way last sell?
242 San Felipe Way most recently sold on Nov 8, 2022 for $1,150,000.
What is the current tax assessment for 242 San Felipe Way?
The most recent total assessment for 242 San Felipe Way (year 2025) is $623,446 with $8,209 in property tax.
How does 242 San Felipe Way's assessment compare to its last sale price?
The current assessment is 45.8% below the last sale price of $1,150,000.
When was 242 San Felipe Way built?
242 San Felipe Way was built in 1963.
How does 242 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 242 San Felipe Way?
242 San Felipe Way is a 4 bed, 2 bath, 1,809 sqft, 10,498 sqft lot single_family.
Is 242 San Felipe Way a flip candidate?
No — 242 San Felipe Way does not appear in our flips dataset.
Is 242 San Felipe Way a tax-appeal candidate?
No — 242 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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