1548 Center Road Unit 23, Novato, CA 94947, Novato, 94947 - 2 bed, 2 bath
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1548 Center Road Unit 23
Novato, CA 94947
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
948Sq Ft
440Lot Size
Property Price
LIST PRICE$429,000
EST. MARKET VALUE
$463,842
7% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $429,000—positioned well below the $463,843 Fair Market Value by 7%. This valuation gap offers $34,843 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes brand-new engineered wood flooring and a private, HOA-maintained patio. Located within walking distance of Rancho Elementary and Novato High School, this property offers a low-maintenance lifestyle, making it an ideal choice for first-time buyers or owner-occupants seeking a move-in-ready residence in Marin County.
Estimated Market Value
$463,842+$34,842 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 |
|---|---|---|---|---|---|---|
★ 1548 Center Road Unit 23 Subject 2 bd · 2 ba · 948 sqft · $489 | $429,000* List Price | 2 | 2 | 948 | $489 | - |
A 864 Tamalpais Avenue #A Sold 2 bd · 1 ba · 832 sqft · $487 · 0.5 mi | $405,000 | 2 | 1 | 832 | $487 | 0.5 mi |
B 1542 Center Road #96 Pending 2 bd · 2 ba · 948 sqft · $448 · 0.1 mi | $425,000 List Price | 2 | 2 | 948 | $448 | 0.1 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.
Despite the 1975 build date, the property is in mint, turnkey condition following a recent (<5y) refresh. Key updates include brand-new engineered wood flooring, fresh paint throughout, and a brand-new modern vanity in the powder room, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property is move-in ready with recent aesthetic upgrades, including new engineered wood flooring, fresh interior paint, and a modernized powder room vanity.
- Private Outdoor Space
A private, fully fenced front patio provides a secluded outdoor retreat with the benefit of HOA-maintained landscaping for a low-maintenance lifestyle.
- Proximity to Schools
Ideally situated within walking distance of both Rancho Elementary and Novato High School, making it a convenient choice for families.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $541 is a significant recurring expense that may impact buyer affordability and overall monthly carrying costs.
- Limited Square Footage
With under 1,000 square feet of living space, the two-bedroom layout may feel compact for buyers seeking more generous room proportions or storage.
About 1548 Center Road Unit 23
Welcome home to this beautifully refreshed, move-in-ready condo in the heart of Novato! Offering 2 bedrooms and 1.5 bathrooms, this turnkey home welcomes you with its private, fully fenced front patio. Enjoy the serene shade of a mature tree and a lush green lawn just past your gate - all maintained by the HOA - so you get maximum greenery with zero maintenance. Step inside to an inviting open living area featuring brand-new engineered wood flooring on the main floor and fresh paint throughout. The powder room has been elevated with a brand-new modern vanity, and both bathrooms feature clean tiled floors. Experience the ultimate in truly low-maintenance, relaxing Marin County lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- 440 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $541 / Month
Neighborhood Insights
Novato Unified Schools
Rancho Elementary School
Grades K-5 • 0.4 mi
5/10
Novato High School
Grades 9-12 • 0.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 2.0 | 1.9 |
| Square foot | 948 | 1,118 |
| Lot Size | 440 | 1,209.857 |
| Price | $429.0K | $517.8K |
| Price per sq ft | $453 | $458 |
| Built year | 1975 | 1980 |
| HOA | $541 | $535 |
| Days on market | 15 | 61 |
Pricing History
Listed for Sale
Oct 9, 2026
$429,000
Initial Listing
Sold
Oct 1, 2018
$410,000
Public Record
Sold
Oct 24, 2014
$257,000
Public Record