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32 Jefferson Avenue, San Rafael, CA 94903, San Rafael, 94903 - 2 bed, 1 bath

32 Jefferson Avenue, San Rafael, CA 94903 home-pic-0
ACTIVE$649,000$828/sqft
Est. Value: $552,876
-14%
AboveEstimate
32 Jefferson Avenue, San Rafael, CA 94903
2Beds
1Bath
828Sqft
7,601.22Lot

Price Vs. Estimate

The estimated value ($552,876.17) is $96,123.83 (14%) lower than the list price ($649,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7601, living area = 828.
Top Cons:
Dated Condition / Requires Updates: Built in 1949, the property description notes 'potential for updates' in the kitchen, indicating that significant modernization and investment may be required to meet contemporary standards.

Compared to the nearby listings

Price:$649.0K vs avg $1.32M ($-676,000)6%
Size:828 sqft vs avg 1,816 sqft2%
Price/sqft:$784 vs avg $76559%

More Insights

Built in 1949 (77 years old).
Condition: Built in 1949, this property is explicitly marketed as a 'value-add opportunity' with 'potential for updates' in the kitchen. The images confirm a severely dated kitchen with older wooden cabinets, speckled countertops, and an older black range. The bathroom is particularly outdated, featuring small brown mosaic tiles on the vanity and shower walls, indicative of a renovation 30-50 years ago. While the structure appears sound and the property is livable, the kitchen and bathroom require substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' condition criteria.
Year Built
1949
Close
-
List price
$649K
Original List price
-
Price/Sqft
$784
HOA
$0
Days on market
-
Sold On
-
MLS number
326001306
Home ConditionPoor
Features
View-

About this home

Single-level 2BD/1BA contemporary home on a roomy 7,600 sq ft lot (per public tax records) in San Rafael's popular Santa Venetia neighborhood, offering a strong value-add opportunity. Well-located near parks, schools, shopping, and North San Rafael amenities, this home features a functional floor plan and a spacious rear yard ideal for outdoor use and future improvements. The west-facing residence offers a comfortable LR w/fireplace that serves as the central living area, connecting efficiently to the dining area and centrally located kitchen with functional cabinetry and counter space and potential for updates; the adjacent dining area opens via slider to a large rear deck and yard for great indoor-outdoor flow. A private bedroom wing features two bedrooms and a centrally located full BA; one bedroom opens to the rear deck with backyard views, while the other is positioned toward the front of the home. Additional features include a garage with laundry area and storage or flexible-use space. The expansive rear yard includes a deck and patio with room for entertaining, gardening, pets, and future landscaping. Established Santa Venetia location near Lagoon Park, SV Marsh open space, China Camp State Park, Hwy 101, Civic Ctr, and Northgate shopping. Excellent opportunity to build sweat equity in a desirable Marin County setting.

A
Andrew de Vries
Listing Agent

Price History

Date
Event
Price
05/21/98
Sold
$320,000
Condition Rating
Poor
Built in 1949, this property is explicitly marketed as a 'value-add opportunity' with 'potential for updates' in the kitchen. The images confirm a severely dated kitchen with older wooden cabinets, speckled countertops, and an older black range. The bathroom is particularly outdated, featuring small brown mosaic tiles on the vanity and shower walls, indicative of a renovation 30-50 years ago. While the structure appears sound and the property is livable, the kitchen and bathroom require substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7601, living area = 828.
Prime Location: Situated in San Rafael's popular Santa Venetia neighborhood, offering excellent proximity to parks, schools, shopping, North San Rafael amenities, and major transportation routes like Hwy 101.
Significant Value-Add Potential: Explicitly highlighted as a 'strong value-add opportunity' and 'excellent opportunity to build sweat equity,' appealing to buyers looking to customize and increase property value through updates.
Expansive Outdoor Living Space: Features a roomy 7,600 sq ft lot with a spacious rear yard, large deck, and patio, ideal for entertaining, gardening, pets, and future landscaping.
Functional Single-Level Floor Plan: Offers a practical and accessible single-level layout with a comfortable living room, fireplace, and good indoor-outdoor flow via a slider to the rear deck.
Practical Amenities: Includes a garage with a dedicated laundry area and flexible storage space, adding convenience and utility to the home.

Cons

Dated Condition / Requires Updates: Built in 1949, the property description notes 'potential for updates' in the kitchen, indicating that significant modernization and investment may be required to meet contemporary standards.
Compact Interior Square Footage: With only 828 sq ft of interior living space for a 2-bedroom home, the property is relatively small, which might limit appeal for buyers seeking more expansive living areas.
Limited Bathroom Count: The home features only one bathroom for two bedrooms, which could be a functional drawback for families or when accommodating guests.
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