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338 Paloma Avenue, San Rafael, CA 94901, San Rafael, 94901 - 4 bed, 3 bath

338 Paloma Avenue, San Rafael, CA 94901 home-pic-0
ACTIVE$1,195,000$2,400/sqft
Est. Value: $1,320,082
10%
BelowEstimate
338 Paloma Avenue, San Rafael, CA 94901
4Beds
3Baths
2,400Sqft
5,776Lot

Price Vs. Estimate

The estimated value ($1,320,082.405) is $125,082.405 (10%) higher than the list price ($1,195,000). This property may be underpriced.

Key pros and cons

Top Pros:
Versatile Lower Level: The lower level offers remarkable flexibility with a private entrance, living space, kitchenette, and full bath, ideal for guest, in-law, or au pair quarters, or potential rental income.
Top Cons:
Age of Property: Built in 1927, the home, despite modern updates, may present ongoing maintenance considerations or require further system upgrades typical of older constructions.

Compared to the nearby listings

Price:$1.20M vs avg $1.39M ($-192,000)37%
Size:2,400 sqft vs avg 2,091 sqft65%
Price/sqft:$498 vs avg $73917%

More Insights

Built in 1927 (99 years old).
Condition: Despite being built in 1927, this property has undergone extensive and recent renovations, bringing it to current quality standards. The main kitchen features contemporary, high-gloss red cabinetry, modern stainless steel appliances, and updated lighting, all appearing virtually new. The main bathrooms are also thoroughly updated with modern vanities, fixtures, and tiling. Throughout the home, new light-toned flooring, recessed lighting, and fresh paint indicate a comprehensive overhaul. The lower-level kitchenette and bathroom are clean and functional, with the claw-foot tub being a well-maintained classic feature. Modern amenities like solar panels and air conditioning further enhance its excellent condition, showing no signs of deferred maintenance.
Year Built
1927
Close
-
List price
$1.2M
Original List price
-
Price/Sqft
$498
HOA
$0
Days on market
-
Sold On
-
MLS number
326001698
Home ConditionExcellent
Features
Patio
View-

About this home

Tucked at the end of a tree-lined cul-de-sac in San Rafael's Lincoln/San Rafael Hill neighborhood, this spacious 1927 home combines classic charm with modern versatility. The main level features three bedrooms and one-and-a-half baths, a generous kitchen with contemporary cabinetry, and an open dining/family area that connects effortlessly to the private yard space. Outside, enjoy the large yard with a patio, raised planting beds, and a roomy chicken coopperfect for hobby gardeners and relaxing evenings under the stars. The lower level offers remarkable flexibility with a spacious family or media room ideal for a teen hangout, TV area, or office. A fourth bedroom with a private entrance, its own living space, kitchenette, and full bath with claw-foot tub makes for excellent guest, in-law, or au pair quarters. Additional highlights include solar panels, air conditioning, a one-car garage with abundant storage, and extra parking for two more cars. Ideally located just blocks from vibrant downtown San Rafael, with its restaurants, coffee shops, breweries, wine bars, boutiques, and the seasonal Farmers Market. Nearby are Dominican University, schools, parks, SMART Train, and Highway 101only 13 miles to the Golden Gate Bridge. Don't miss out on this great opportunity!

M
McCarthy Moe Group
Listing Agent

Price History

Date
Event
Price
09/03/20
Sold
$1,100,000
03/22/05
Sold
$708,000
Condition Rating
Excellent
Despite being built in 1927, this property has undergone extensive and recent renovations, bringing it to current quality standards. The main kitchen features contemporary, high-gloss red cabinetry, modern stainless steel appliances, and updated lighting, all appearing virtually new. The main bathrooms are also thoroughly updated with modern vanities, fixtures, and tiling. Throughout the home, new light-toned flooring, recessed lighting, and fresh paint indicate a comprehensive overhaul. The lower-level kitchenette and bathroom are clean and functional, with the claw-foot tub being a well-maintained classic feature. Modern amenities like solar panels and air conditioning further enhance its excellent condition, showing no signs of deferred maintenance.
Pros & Cons

Pros

Versatile Lower Level: The lower level offers remarkable flexibility with a private entrance, living space, kitchenette, and full bath, ideal for guest, in-law, or au pair quarters, or potential rental income.
Prime Location & Accessibility: Ideally located just blocks from vibrant downtown San Rafael, offering easy access to restaurants, shops, entertainment, schools, parks, SMART Train, and Highway 101, with a short commute to the Golden Gate Bridge.
Eco-Friendly & Modern Comforts: Equipped with solar panels for energy efficiency and air conditioning, providing modern comfort and potential cost savings on utilities.
Desirable Outdoor Living Space: Features a large private yard with a patio, raised planting beds, and a chicken coop, perfect for hobby gardeners and outdoor relaxation.
Ample Parking & Storage: Includes a one-car garage with abundant storage, plus extra off-street parking for two additional cars, a valuable asset in an urban setting.

Cons

Age of Property: Built in 1927, the home, despite modern updates, may present ongoing maintenance considerations or require further system upgrades typical of older constructions.
Limited Garage Capacity: The property features a one-car garage, which, despite additional parking, might be insufficient for buyers with multiple vehicles or those desiring a larger enclosed parking or workshop area.
Niche Outdoor Feature: The presence of a roomy chicken coop, while appealing to some, is a specific amenity that may not resonate with all potential buyers and could be perceived as an unnecessary addition or maintenance item.
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