
San Rafael, CA 94903
This Strategic Value-Add Condominium is listed at $399,000, currently positioned above the $255,537 Fair Market Value due to its Exceptional Financing Opportunity. The property features a rare assumable loan in the mid-2% range, providing a significant financial hedge in a high-rate environment. Maintaining a Functional Condition Rating, the interior offers a pool-view balcony and proximity to top-tier schools including Dixie Elementary (9/10) and Terra Linda High (6/10). This 1974 asset is a high-utility choice for Owner-Occupants or Investors seeking a commuter-friendly sanctuary with locked-in low-interest debt.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Marin Center Drive 70 Subject | $271,080 | 2 | 2 | 1,112 | $230 | - |
A 100 Thorndale Drive 149 Sold | $240,000 | 2 | 2 | 1,030 | $233 | 0.6 mi |
B 100 Thorndale Drive 410 Sold | $282,822 | 2 | 2 | 1,120 | $253 | 0.6 mi |
C 100 Thorndale Drive 113 Sold | $345,000 | 2 | 2 | 1,216 | $284 | 0.6 mi |
D 100 Thorndale Drive 210 Sold | $345,000 List Price | 2 | 2 | 1,096 | 0.6 mi | |
E 100 Thorndale Drive Unit 151 Sold | $200,000 List Price | 2 | 2 | 1,015 | 0.6 mi | |
F 100 Thorndale Drive #353 Active | $250,000 List Price | 1 | 2 | 1,008 | $248 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is in functional condition but shows clear signs of age. The kitchen has been partially updated with modern stainless steel appliances and the living area features newer laminate flooring. However, the bedrooms and stairs have worn carpeting, the bathrooms feature dated vanities, and the overall interior style reflects older quality standards. It is move-in ready for an investor or budget-conscious buyer but requires cosmetic modernization to meet current 'good' or 'excellent' standards.
Elementary School: Dixie Elementary School (9/10).
The property features an assumable loan with an interest rate in the mid-2% range, offering a rare and significant financial advantage in the current high-interest-rate market.
Ideally situated within a mile of public transportation and offering easy freeway access, the home provides a convenient 20-minute commute to San Francisco and proximity to Northgate Mall.
The monthly association fee of $710 is relatively high, which may impact the overall affordability for buyers and reduce the net yield for potential investors.
With a 1974 construction date and an interior featuring primarily carpet, the property likely requires cosmetic updates and modernization to meet contemporary buyer expectations.
This home looks over the community pool from the balcony window. All appliances convey. Some wood and mainly carpet throughout. Ready for a new owner and or investor. The location of this condo is great. Within a mile of public transportation, skip over the freeway to northgate Mall, and 20 minutes from San Francisco depending on traffic. Assumable loan in the mid 2s.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,112 | 1,025 | 57% |
| Lot Size | 3,498 | 1,084.5 | 76% |
| Price | $271.1K | $420.0K | 35% |
| Price per sq ft | $244 | $466 | 35% |
| Built year | 1974 | 1985 | 30% |
| HOA | $710 | $2.0K | 28% |
| Days on market | 79 | 220 | 15% |
Feb 2, 2026
$399,000
Initial Listing
Nov 10, 2005
$460,000
Public Record
Aug 3, 2001
$270,000
Public Record
May 12, 1999
$166,501
Public Record