100 Thorndale Drive 116, San Rafael, CA 94903, San Rafael, 94903 - 1 bed, 1 bath

100 Thorndale Drive 116, San Rafael, CA 94903 home-pic-0

100 Thorndale Drive 116

San Rafael, CA 94903

ACTIVE
CONDITION: FAIR
1Beds
1Baths
674Sq Ft
671Lot Size

Property Price

LIST PRICE$59,000

SUMMARY

Analysis of 100 Thorndale Drive 116, San Rafael, CA 94903 is currently available with a list price of $59,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Rafael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property, built in 1985, is well-maintained and clean, with updated wood-effect flooring and fresh white paint. However, the kitchen features an older electric range and dated fluorescent lighting, and the bathroom has a fiberglass tub/shower combo and dated lighting fixtures. While functional and move-in ready, these elements show signs of being outdated, aligning with the 'Fair' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Dixie Elementary School (9/10).

  • Comprehensive Senior Living Package

    The property is part of Villa Marin, a CCRC offering on-site skilled nursing, assisted living, and a vibrant senior community, ensuring peace of mind and a supportive environment.

  • Extensive All-Inclusive Services

    Monthly HOA fees cover significant amenities including one meal per day, recreational activities, and weekly linen and housekeeping services, providing a truly maintenance-free lifestyle.

CONSRISKS & DEFICIENCIES

  • Age-Restricted Community

    The property is exclusively for individuals aged 60+, significantly narrowing the potential buyer pool and limiting market appeal.

  • Substantial Monthly HOA Fees

    The exceptionally high monthly HOA fee of $4,750, while inclusive of many services, represents a significant ongoing financial commitment.

  • Compact Studio Layout

    As a studio unit with 674 sqft, the living space is compact, which may not suit buyers desiring more expansive or separate living areas.

About 100 Thorndale Drive 116

Welcome to Villa Marin - a senior CCRC community for ages 60+. Comfort meets convenience in this charming apartment desirably situated on the ground floor. This cozy studio offers a serene living space with wood-effect flooring that adds a touch of warmth to your home. The open-plan kitchen is fully equipped with a refrigerator, stove and generous counter-top space. A large hallway closet, and a dressing area with additional built-in cabinetry offers ample storage options, keeping your space organized and clutter-free. One of the notable features of this unit is the private corner balcony, where you can relax and unwind. The North-West facing balcony boasts a verdant outlook over the hills and attractive communal landscaping. A well-appointed bathroom completes this efficient living space, providing all the essentials you need in a thoughtful design. A free laundry room is located close-by. Nestled within a vibrant senior community, this residence offers a lifestyle enriched by a sense of community. On-site Skilled Nursing and Assisted Living provide peace of mind for future care needs if/when you need it. Monthly HOA fees include one meal per day, recreational activities and weekly linen and housekeeping services.

Property Details

Public Facts

Property Type
Condominium
Year Built
1985
Lot Size
671 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$4750 / Month

Neighborhood Insights

San Rafael Unified Schools

Vallecito Elementary School

Grades K-5 • 0.2 mi

7/10

Dixie Elementary School

Grades K-5 • 2.3 mi

9/10

Mary E. Silveira Elementary School

Grades K-5 • 2.5 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
31%
Baths1.02.0
26%
Square foot674985
8%
Lot Size6711,080
10%
Price$59.0K$528.0K
10%
Price per sq ft$88$495
13%
Built year19851985
50%
HOA$4750$3.2K
74%
Days on market603185
95%

Pricing History

Listed for Sale

Jul 12, 2024

$59,000

Initial Listing

Sold

Jun 1, 2017

$230,000

Public Record

Sold

Aug 19, 2015

$160,000

Public Record

Sold

Jun 11, 2008

$205,000

Public Record

Sold

Oct 12, 2001

$240,000

Public Record

Sold

Aug 29, 2000

$215,000

Public Record

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