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116 Somerset Dr

Novato, CA 94945

4 bd 3 ba 2,697 sqft Built 1990 Lot 12,097 sqft single_family
Most recent sale
$1,400,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $1,400,000 MLS #322031218
Apr 23, 2022 Listed $1,425,000 MLS #322031218
Apr 27, 2001 Sold $650,000 Public Record
Sep 26, 1990 Sold $369,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $970,998 $514,682 $1,485,680 $18,948
2024 $970,998 $514,682 $1,485,680 $18,103
2023 $933,300 $494,700 $1,428,000 $17,781
2022 $367,700 $558,606 $926,306 $11,660
2021 $360,490 $547,653 $908,143 $11,957
2020 $356,795 $542,038 $898,833 $11,764
2019 $349,800 $531,412 $881,212 $11,372
2018 $342,943 $520,994 $863,937 $11,207
2017 $336,219 $510,781 $847,000 $11,006
2016 $329,629 $500,768 $830,397 $10,214
2015 $309,658 $464,488 $774,146 $9,571
2014 $276,481 $414,722 $691,203 $8,662
2013 $251,347 $377,020 $628,367 $7,960
2012 $237,120 $355,680 $592,800 $7,619
2010 $249,600 $374,400 $624,000 $7,921
2009 $303,027 $460,355 $763,382 $9,326
2008 $297,086 $451,329 $748,415 $8,868
2006 $291,262 $442,481 $733,743 $8,626

Property facts

Year built
1990
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,697 sqft
Lot size
12,097 sqft
ZIP code
94945
City
Novato
Street
Somerset Dr
Coordinates
38.12017, -122.58019

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,630
Gross rental yield
7.40%
Implied cap rate
4.81%
Trend-extrapolated value

Frequently asked questions

When did 116 Somerset Dr last sell?
116 Somerset Dr most recently sold on May 16, 2022 for $1,400,000.
What is the current tax assessment for 116 Somerset Dr?
The most recent total assessment for 116 Somerset Dr (year 2025) is $1,485,680 with $18,948 in property tax.
How does 116 Somerset Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,400,000.
When was 116 Somerset Dr built?
116 Somerset Dr was built in 1990.
How does 116 Somerset Dr compare to others on Somerset Dr?
We track 2 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 116 Somerset Dr?
116 Somerset Dr is a 4 bed, 3 bath, 2,697 sqft, 12,097 sqft lot single_family.
Is 116 Somerset Dr a flip candidate?
No — 116 Somerset Dr does not appear in our flips dataset.
Is 116 Somerset Dr a tax-appeal candidate?
No — 116 Somerset 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$1.18M
2026 Q4
$1.17M
ZIP 94945 — Median Price History + Forecast

Explore nearby

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