1056 Susan Way, Novato, CA 94947, Novato, 94947 - 3 bed, 3 bath
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1056 Susan Way
Novato, CA 94947
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,654Sq Ft
1,363Lot Size
Property Price
LIST PRICE$729,950
EST. MARKET VALUE
$760,124
3% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Prime Investment Opportunity, listed at $729,950—positioned well below the $760,125 Fair Market Value by 3%. This valuation gap offers $30,175 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, a private garage with workspace, and access to a community pool and spa, this home offers a seamless lifestyle. Its strategic location provides a 24-minute commute to San Francisco, making it an ideal choice for first-time buyers or commuter-focused professionals.
Estimated Market Value
$760,124+$30,174 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Susan Way Subject 3 bd · 3 ba · 1,654 sqft · $460 | $729,950* List Price | 3 | 3 | 1,654 | $460 | - |
A 1053 Margaret Court Sold 3 bd · 3 ba · 1,704 sqft · $400 · 0.0 mi | $681,343 | 3 | 3 | 1,704 | $400 | 0.0 mi |
B 9 Cama Lane Sold 3 bd · 3 ba · 1,550 sqft · $497 · 0.3 mi | $770,000 | 3 | 3 | 1,550 | $497 | 0.3 mi |
C 32 Mariposa Lane Sold 3 bd · 3 ba · 1,722 sqft · $487 · 0.3 mi | $839,000 | 3 | 3 | 1,722 | $487 | 0.3 mi |
D 1001 Margaret Court Sold 3 bd · 3 ba · 1,704 sqft · $408 · 0.1 mi | $695,000 | 3 | 3 | 1,704 | $408 | 0.1 mi |
E 9 Cricklewood Drive Sold 3 bd · 3 ba · 1,395 sqft · $534 · 0.5 mi | $745,500 | 3 | 3 | 1,395 | $534 | 0.5 mi |
F 27 Mariposa Lane Pending 3 bd · 3 ba · 1,550 sqft · $515 · 0.3 mi | $799,000 List Price | 3 | 3 | 1,550 | $515 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1980, the property has undergone significant recent renovations including a high-end, modern bathroom with contemporary tiling and fixtures, along with fresh paint and new floor coverings throughout, making it move-in ready and in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The home features fresh interior paint and new floor coverings throughout, allowing buyers to move in immediately without the need for initial renovations.
- Strategic Commuter Location
Ideally positioned with rapid access to Highways 101 and 37, providing a convenient 24-minute commute to San Francisco and easy access to Sonoma wine country.
- Enhanced Storage and Utility
The private garage includes a dedicated workspace and a storage loft, offering significant functional space rarely found in standard townhouse layouts.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $744 is substantial, which may impact a buyer's debt-to-income ratio and overall monthly affordability compared to other area options.
- Limited Private Outdoor Space
With a lot size of 1,363 square feet for a 1,654 square foot structure, the property offers minimal private yard space, requiring reliance on community park areas.
About 1056 Susan Way
Discover comfortable living in this spacious, light-filled two-story Townhome. Sunny Skylight brings natural light into the living space, while a cozy fireplace adds warmth and character. The thoughtful floor plan offers room to relax, entertain, and enjoy everyday living. Fresh paint & floor coverings make move-in a breeze! Enjoy the added appeal of Hillside Park's community pool and spaperfect for unwinding and making the most of sunny Marin days. With convenient access to Highways 101 and 37, you're well positioned to explore Marin County, head north to Sonoma, or travel south toward San Francisco. Private garage with workspace & storage loft - perfect for unwanted house guests, or just a lot of stuff. A wonderful opportunity to enjoy comfortable living, community amenities, and an uber-convenient Novato location - just 24 minutes to San Francisco!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1980
- Lot Size
- 1,363 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $744 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,654 | 1,766 |
| Lot Size | 1,363 | 1,633.909 |
| Price | $730.0K | $791.4K |
| Price per sq ft | $441 | $434 |
| Built year | 1980 | 1986 |
| HOA | $744 | $641 |
| Days on market | 10 | 75 |
Pricing History
Listed for Sale
Oct 14, 2026
$729,950
Initial Listing
Sold
Feb 26, 2021
$579,000
Public Record
Sold
Apr 10, 2015
$495,500
Public Record