144 Edwards Avenue

Page 1

Comparable Properties Report Prepared on 12/17/2020 Old Town-Hurricane Gulch

144 Edwards Ave, Sausalito Beth Brody DRE# 00657511 RealtorÂŽ 415.987.2384 beth.brody@compass.com

Julie Upton DRE #: 02077214 917.863.9152 julie.upton@compass.com


Pricing Recommendation Prepared on 12/17/2020 Estimated Market Value

*

$1,425,000-$1,450,000

About Your Listing Price Attached please find the appraisal that I created for your property. I used the method of appraisal used by appraisers with the most current data since the beginning of the year, within a quarter mile radius and + or - 10% for square footage, unless there was insufficient data. If I haven’t been to your house recently, there may be improvements or other factors impacting market value that will not be accounted for in this report. However, this will give you an idea of value and If you need something more specific, a site visit would be required, which I’m more than happy to do for you. Wishing you all the best. Beth Brody * This represents an estimated sale price for this property. It is not the same as an opinion of value in appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal practice. The information contained herein is derived from the local MLS and does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. Changes in price, condition, sale, or withdrawal may be made without notice. All measurements and square footage are approximate. Equal Housing Opportunity. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This is not intended to solicit property already listed. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467.


Subject Property Prepared on 12/17/2020 Old Town-Hurricane Gulch

144 Edwards Avenue A warm welcome awaits a lucky new owner at this adorable cottage. Not on the market for 25 years, this special property offers uninterrupted, stunning views of the San Francisco Bay, Belvedere, & Angel Island. Sip your morning coffee on the bright, sunlit upper deck, while watching the ferry pass by. This property & its ideal location - both minutes from the main streets of bustling downtown Sausalito & San Francisco - is not to be missed.

Property Information

Transaction Information

Property Type: Single Family Beds: 2 Baths Full / Half: 1 Sq. Ft.: 1,046 Lot Size: 2,640 SF / 0.06 AC Year Built: 1953 Taxes: HOA Fees: -

Original Listing Price: $1,095,000 Last Asking Price: $1,095,000 Closing Price: $1,220,000 PPSF: $1,166 Listed Date: 09/21/2017 Contract Date: 09/26/2017 Sold Date: 10/24/2017 DOM: 5 Listing Brokerage: Compass

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Comparables Summary

Prepared on 12/17/2020

Sold BATHS FULL /

ORIGINAL

LAST ASKING

MONTHLY

ADDRESS

BED

HALF

SF

LOT

LISTING PRICE PRICE

CLOSING PRICE PPSF

LISTED

CONTRACT

SOLD

DOM

75 Crescent

2

2/0

1,024

5,475

$1,399,000

$1,299,000

$1,310,000

$1,279

CHARGES

2/4/19

3/25/19

4/30/19

48

1

1/0

955

4,199

$1,200,000

$1,200,000

$1,320,000

$1,382

5/23/17

6/1/17

6/16/17

9

14,144

$1,748,000

$1,748,000

$1,400,000

11/9/17

4/4/18

4/17/18

142

Ave 25 Glen Ct 220 Currey

0/0

Ln 115 3rd St

2

2/0

1,099

3,302

$1,395,000

$1,395,000

$1,410,000

$1,283

9/7/19

9/18/19

10/25/19

9

1 Lower

2

2/0

1,247

4,625

$1,749,000

$1,749,000

$1,665,670

$1,336

9/8/20

10/2/20

10/16/20

15

1,081

6,349

$1,498,200

$1,478,200

$1,421,134

$1,320

Crescent Ave AVERAGES

45

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Price & Days On Market Sold (5)

Trend Line

$1,700,000 5

$1,650,000

$1,600,000

$1,550,000

Price

$1,500,000

$1,450,000 4

$1,400,000

3

$1,350,000 2

1

$1,300,000

$1,250,000 25

50

75

100

125

Cumulative Days On Market

1

75 Crescent Ave Old TownHurricane Gulch, Sausalito

2 25 Glen Ct The Hill, Sausalito

3 220 Currey Ln Monte Mar Vista-Toyon Terraces, Sausalito

5 1 Lower Crescent Ave Old TownHurricane Gulch, Sausalito †Trend Line Based On Sold And Pending Listings Only All information provided is deemed reliable but is not guaranteed and should be independently veriďŹ ed.

4 115 3rd St Old TownHurricane Gulch, Sausalito


Price & Size Sold (5)

Trend Line

$1,700,000 5

$1,650,000

$1,600,000

$1,550,000

Price

$1,500,000

$1,450,000

$1,400,000

4

3

$1,350,000

$1,300,000

2 1

$1,250,000 2.5k

5k

7.5k

10k

12.5k

Size (Sq Ft)

1

75 Crescent Ave Old TownHurricane Gulch, Sausalito

2 25 Glen Ct The Hill, Sausalito

3 220 Currey Ln Monte Mar Vista-Toyon Terraces, Sausalito

5 1 Lower Crescent Ave Old TownHurricane Gulch, Sausalito †Trend Line Based On Sold And Pending Listings Only All information provided is deemed reliable but is not guaranteed and should be independently veriďŹ ed.

4 115 3rd St Old TownHurricane Gulch, Sausalito


144 Edwards Ave Sold A.

75 Crescent Ave

B.

25 Glen Ct

C.

220 Currey Ln

D.

115 3rd St

E.

1 Lower Crescent Ave

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Subject Property

Comparable Property A

Comparable Property B

Comparable Property C

144 Edwards Ave

75 Crescent Ave

25 Glen Ct

220 Currey Ln

Sausalito, CA

Sausalito, CA

Sausalito, CA

MLS: 21901094

MLS: 21711464

Status Beds Baths Full / Half Sq. Ft. Price per Square Foot Original Listing Price Last Asking Price Closing Price HOA Fees Condo/Coop Fees Taxes Listed Date Contract Date Sold Date DOM Lot Size Property Type Year Built Total Adj Total Adj Value

Adj

MLS: 464855 Adj

Adj

Sold 2 Bed 1/0 1,046 SF $1,166 $1,095,000 $1,220,000 $1,220,000

Sold 2 Bed 2/0 1,024 SF $1,279 $1,399,000 $1,299,000 $1,310,000

Sold 1 Bed 1/0 955 SF $1,382 $1,200,000 $1,200,000 $1,320,000

Sold

9/21/17 9/26/17 10/24/17 5 0.06 AC / 2,640 SF Single-Family Homes 1953

2/4/19 3/25/19 4/30/19 48

5/23/17 6/1/17 6/16/17 9

11/9/17 4/4/18 4/17/18 142

0.13 AC / 5,475 SF

0.10 AC / 4,199 SF

0.32 AC

Single-Family Homes

Single-Family Homes

Lots & Acreage

1961 $0 $1,310,000

1925 $0 $1,320,000

$0 $1,400,000

$1,220,000

0/0

$1,748,000 $1,748,000 $1,400,000

* This represents an estimated sale price for this property. It is not the same as an opinion of value in appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal practice. The information contained herein is derived from the local MLS and does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. Changes in price, condition, sale, or withdrawal may be made without notice. All measurements and square footage are approximate. Equal Housing


Opportunity. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This is not intended to solicit property already listed. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467.

Subject Property

Comparable Property D

Comparable Property E

144 Edwards Ave

115 3rd St

1 Lower Crescent Ave

Sausalito, CA

Sausalito, CA

MLS: 21919445 Status Beds Baths Full / Half Sq. Ft. Price per Square Foot Original Listing Price Last Asking Price Closing Price HOA Fees Condo/Coop Fees Taxes Listed Date Contract Date Sold Date DOM Lot Size Property Type Year Built Total Adj Total Adj Value

MLS: 22021355 Adj

Adj

Sold 2 Bed 1/0 1,046 SF $1,166 $1,095,000 $1,220,000 $1,220,000

Sold 2 Bed 2/0 1,099 SF $1,283 $1,395,000 $1,395,000 $1,410,000

Sold 2 Bed 2/0 1,247 SF $1,336 $1,749,000 $1,749,000 $1,665,670

9/21/17 9/26/17 10/24/17 5 0.06 AC / 2,640 SF Single-Family Homes 1953

9/7/19 9/18/19 10/25/19 9

9/8/20 10/2/20 10/16/20 15

0.08 AC / 3,302 SF

0.11 AC / 4,625 SF

Single-Family Homes

Single-Family Homes

1955 $0 $1,410,000

1938 $0 $1,665,670

$1,220,000

* This represents an estimated sale price for this property. It is not the same as an opinion of value in appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal practice. The information contained herein is derived from the local MLS and does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. Changes in price, condition, sale, or withdrawal may be made without notice. All measurements and square footage are approximate. Equal Housing


Opportunity. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This is not intended to solicit property already listed. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467.

Old Town-Hurricane Gulch

75 Crescent Ave Property Status Sold Transaction Information

Property Information Property Type: SingleFamily Homes Property Subtype: Single-Family Homes Beds: 2 Baths Full / Half: 2 / 0 Sq. Ft: 1024 Lot Size: 5,475 SF / 0.13 AC Year Built: 1961

Comparable Property Details Prepared on 12/17/2020

Original Listing Price: $1,399,000 Last Asking Price: $1,299,000 Closing Price: $1,310,000 PPSF: $1,279 Listed Date: 2/4/2019 Contract Date: 3/25/2019 Sold Date: 4/30/2019 DOM: 48 Listing Brokerage: Compass

Spectacular 2BD/2BA contemporary A-frame in gorgeous Sausalito with chic modern vibes. 1,024 sq.ft of light-ďŹ lled, open space with walls of windows, vaulted ceilings and architectural details.Stunning, iconic SF Bay views. Windowed chef's kitchen with stainless steel appliances. Two nest-like bedrooms and two full bathrooms. Multiple outdoor decks and a fenced area. Parking for two. Close to Sausalito attractions and ferry service to the city.

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


|

75 Crescent Ave

Comparable Property Details Prepared on 12/17/2020

Old Town-Hurricane Gulch

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


The Hill

25 Glen Ct Property Status Sold Transaction Information

Property Information Property Type: SingleFamily Homes Property Subtype: Single-Family Homes Beds: 1 Baths Full / Half: 1 / 0 Sq. Ft: 955 Lot Size: 4,199 SF / 0.10 AC Year Built: 1925

Comparable Property Details Prepared on 12/17/2020

Original Listing Price: $1,200,000 Last Asking Price: $1,200,000 Closing Price: $1,320,000 PPSF: $1,382 Listed Date: 5/23/2017 Contract Date: 6/1/2017 Sold Date: 6/16/2017 DOM: 9 Listing Brokerage: Golden Gate Sotheby's

Truly charming Sausalito Jewel in best weather Banana Belt. 1bd/1ba plus an office. Spacious living room has hardwood floors,stone fireplace and gorgeous bay views. Remodeled kitchen with granite countertops and lots of storage. Large bedroom with French doors leads to deck and level back yard. Office has built in cabinets and hardwood floors. Two car attached garage with storage and laundry. Close to Caledonia St., bay trails, transportation.

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


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25 Glen Ct

Comparable Property Details Prepared on 12/17/2020

The Hill

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Monte Mar Vista-Toyon Terraces

220 Currey Ln Property Status Sold Transaction Information

Property Information Property Type: Lots & Acreage Property Subtype: Lots & Acreage Baths Full / Half: 0 / 0 Lot Size: 0.32 AC

Comparable Property Details Prepared on 12/17/2020

Original Listing Price: $1,748,000 Last Asking Price: $1,748,000 Closing Price: $1,400,000 Listed Date: 11/9/2017 Contract Date: 4/4/2018 Sold Date: 4/17/2018 DOM: 142 Listing Brokerage: Jazz Real Estate Ltd

Mid Century Modern home in highly desirable Toyon Terraces neighborhood of Sausalito. Astounding views of Richardson Bay, Tiburon and Belvedere. Open oor plan, updated kitchen, two bedroom one bath with lots of glass. Large lot with room for orchards and gardens. Also included are coveted approved plans granted by the City of Sausalito for a new +- 4000 sf 5 bedroom, 3-1/2 bath modern home with pool. Construction could begin this spring.

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


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220 Currey Ln

Comparable Property Details Prepared on 12/17/2020

Monte Mar Vista-Toyon Terraces

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Old Town-Hurricane Gulch

115 3rd St Property Status Sold Transaction Information

Property Information Property Type: SingleFamily Homes Property Subtype: Single-Family Homes Beds: 2 Baths Full / Half: 2 / 0 Sq. Ft: 1099 Lot Size: 3,302 SF / 0.08 AC Year Built: 1955

Comparable Property Details Prepared on 12/17/2020

Original Listing Price: $1,395,000 Last Asking Price: $1,395,000 Closing Price: $1,410,000 PPSF: $1,283 Listed Date: 9/7/2019 Contract Date: 9/18/2019 Sold Date: 10/25/2019 DOM: 9 Listing Brokerage: Golden Gate Sotheby's

~ Modern Escape in the Heart of Old Town, Sausalito ~ Style and convenience converge to create the ultimate urban/suburban retreat. This chic, turnkey, post and beam home is perfectly located one block from the water, on a quiet street, in the flats of Sausalito. Extremely efficient design. Newly updated with timeless, tasteful finishes. Bright, open-floor plan that seamlessly flows to a lush garden oasis, ideal for entertaining or relaxation. Open kitchen features solid walnut center island and seating bar. Enjoy a short stroll to the bustle of downtown or ferry. Amazingly easy commute to SF. Simple & sophisticated living - move right in and not skip a beat!

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


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115 3rd St

Comparable Property Details Prepared on 12/17/2020

Old Town-Hurricane Gulch

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


Old Town-Hurricane Gulch

1 Lower Crescent Ave Property Status Sold Transaction Information

Property Information Property Type: SingleFamily Homes Property Subtype: Single-Family Homes Beds: 2 Baths Full / Half: 2 / 0 Sq. Ft: 1247 Lot Size: 4,625 SF / 0.11 AC Year Built: 1938

Comparable Property Details Prepared on 12/17/2020

Original Listing Price: $1,749,000 Last Asking Price: $1,749,000 Closing Price: $1,665,670 PPSF: $1,336 Listed Date: 9/8/2020 Contract Date: 10/2/2020 Sold Date: 10/16/2020 DOM: 15 Listing Brokerage: Compass, Compass, Compass

Super Charming & Romantic home on prime corner lot close to town w/great views of Alcatraz, Bay & Bay Bridge. Enchanting stone steps, white picket gate & mature oaks welcome you to this single-level jewel box! Liv.Rm charms w/oak flrs, peaked wood-beamed ceiling, f/p & lrg deck. Open concept living level has newer addition Kitchen w/lrg island, high ceilings, gas range, work desk & Dining Area. Bay views from entire living level! Off kitchen is a private brick patio. Master Bd enjoys peaked ceilings, 2 closets & French-door access to brick patio. Large bath has sep. shower stall and tub. Sunny 2nd Bedroom is en suite w/ newly remodeled bath. Extraordinary oversized garage (500+sqft) is a concrete bunker w/high wood ceilings, metal roof & lots of room for cars, office or workshop. Possible expansion by enclosing LivRm deck. Potential to add an ADU in sub-area. Great location very close to town, Golden Gate Market, restaurants, ferry, public transportation & shops in downtown Sausalito.

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.


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1 Lower Crescent Ave

Comparable Property Details Prepared on 12/17/2020

Old Town-Hurricane Gulch

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriďŹ ed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.



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