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32 Roosevelt Avenue, San Rafael, CA 94903, San Rafael, 94903 - 3 bed, 2 bath

32 Roosevelt Avenue, San Rafael, CA 94903 home-pic-0
ACTIVE UNDER CONTRACT$1,295,000$1,565/sqft
Est. Value: $1,141,528
-11%
AboveEstimate
32 Roosevelt Avenue, San Rafael, CA 94903
3Beds
2Baths
1,565Sqft
8,002Lot

Price Vs. Estimate

The estimated value ($1,141,527.545) is $153,472.455 (11%) lower than the list price ($1,295,000). 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 = 8002, living area = 1565.
Top Cons:
Dated Interior Condition: The home is in 'semi-original condition,' indicating that significant cosmetic updates and modernization will be required to meet contemporary tastes and standards.

Compared to the nearby listings

Price:$1.29M vs avg $1.32M ($-30,000)45%
Size:1,565 sqft vs avg 1,816 sqft32%
Price/sqft:$827 vs avg $76569%

More Insights

Built in 1975 (51 years old).
Condition: Built in 1975 and described as being in 'semi-original condition,' the property's kitchen features dated yellow laminate countertops, older white appliances, and patterned linoleum flooring. The bathroom also shows significant age with an outdated vanity, lighting, and tile work. While the home appears well-maintained and functional, it requires substantial cosmetic updates and likely some system modernizations to meet current standards, aligning with the 'Fair' category's criteria for an aged home with functional but outdated components.
Year Built
1975
Close
-
List price
$1.29M
Original List price
-
Price/Sqft
$827
HOA
$0
Days on market
-
Sold On
-
MLS number
325055376
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

Charming Santa Venetia Gem Near Civic Center and Lagoon Park. 
Nestled in one of Santa Venetia's most sought-after pockets, this inviting 3-bedroom, 2-bath single-level home offers 1,565 sq ft of comfortable living on a generous, flat 8,000 sq ft lot. Enjoy an unbeatable location just a short stroll from the iconic Frank Lloyd Wright-designed Civic Center, Lagoon Park, Children's Island, Marin Fairgrounds, farmers market, art and music festivals, and indoor/outdoor concert venues. Lovingly maintained in semi-original condition by the same family, the home is ideal for buyers seeking a blank canvas for cosmetic updates or a creative re-imagination. The generous lot provides ample space for landscaping, outdoor living, a separate guest house/ADU, or possible expansion (buyer to verify). With its sunny, level fully fenced yard and no flood zone designation, this property presents a rare blend of lifestyle, location, and long-term value. A peaceful and established neighborhood, great walkability, and a sense of community make this a standout opportunity in Marin County. Don't miss this well-located home with untapped potential in a truly special setting.

J
Jennifer Dunbar
Listing Agent
Condition Rating
Fair
Built in 1975 and described as being in 'semi-original condition,' the property's kitchen features dated yellow laminate countertops, older white appliances, and patterned linoleum flooring. The bathroom also shows significant age with an outdated vanity, lighting, and tile work. While the home appears well-maintained and functional, it requires substantial cosmetic updates and likely some system modernizations to meet current standards, aligning with the 'Fair' category's criteria for an aged home with functional but outdated components.
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 = 8002, living area = 1565.
Exceptional Location & Amenities: Situated in a highly desirable Santa Venetia pocket, offering unparalleled walkability to the Civic Center, Lagoon Park, various festivals, and a strong community atmosphere.
Expansive & Developable Lot: Features a generous, flat 8,000 sq ft lot, providing ample space for significant landscaping, outdoor living enhancements, or potential for an Accessory Dwelling Unit (ADU) or expansion.
Single-Level Accessibility: The comfortable 3-bedroom, 2-bath single-level layout is highly sought after for its ease of access and functional living.
Flood Zone Security: Benefits from a 'no flood zone designation,' offering crucial peace of mind and protecting the property's long-term value.
High Potential for Customization & Value Appreciation: Described as a 'blank canvas' in 'semi-original condition,' it offers significant untapped potential for cosmetic updates, creative re-imagination, and long-term value growth.

Cons

Dated Interior Condition: The home is in 'semi-original condition,' indicating that significant cosmetic updates and modernization will be required to meet contemporary tastes and standards.
Immediate Renovation Investment Required: Buyers should anticipate a substantial investment for updates and renovations, as the property is presented as a 'blank canvas' needing re-imagination.
Potential for Older Systems: As a 1975 build in 'semi-original condition,' key systems (e.g., plumbing, electrical, HVAC) may be original or outdated, potentially requiring future upgrades or replacements.
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