
San Rafael, CA 94903
This High-Potential Investment Opportunity is listed at a List Price of $615,000, which is positioned above the $541,298 Fair Market Value. While the property requires updates due to its Fair Condition Rating, it offers a functional one-story flat layout with a private patio and distant hill views. Located within walking distance to Miller Creek Middle School and Mary E. Silveira Elementary, the property provides significant long-term appeal. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 N Roundtree Boulevard Subject | $615,000* List Price | 2 | 2 | 918 | $590 | - |
A 245 Roundtree Way Active | $549,000 List Price | 2 | 2 | 949 | $579 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 and sold 'as is,' the property is over 50 years old and likely features dated kitchen and bathroom facilities. The visible window AC unit suggests a lack of modern central HVAC systems, and the 'as is' condition typically indicates a need for cosmetic updates and minor repairs consistent with the Fair category.
Elementary School: Dixie Elementary School (9/10).
As a one-story flat, this property offers excellent accessibility and ease of movement, making it highly desirable for buyers seeking to avoid stairs or multi-level living.
The home is exceptionally well-located for families, situated within walking distance to Miller Creek Middle School (0.14 miles) and Mary E. Silveira Elementary (0.51 miles).
The property is being sold in 'as-is' condition, which may necessitate immediate additional capital for repairs, modernizations, or cosmetic upgrades.
The monthly HOA fee of $675 is relatively high for the unit size, impacting the overall monthly affordability and carrying costs for potential buyers.
This is a one story flat.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 918 | 1,102.389 |
| Lot Size | 1,407 | 1,735.056 |
| Price | $615.0K | $584.2K |
| Price per sq ft | $670 | $469 |
| Built year | 1970 | 1977 |
| HOA | $675 | $798 |
| Days on market | 40 | 54 |
Jul 31, 2026
$615,000
Initial Listing
Aug 14, 2012
$280,000
Public Record
May 13, 1994
$134,500
Public Record