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$600,000

52 Margarita Ter Novato, CA 94947

2 beds
1 full, 1 partial
1,118 sqft
0.03 acres
$537 / sqft
Condo

Property details

About 52 Margarita Ter

Motivated Seller Moving Out Of The Country! Bring an Offer. Nestled in the serene Scottsdale Lake neighborhood, this charming end unit 2-bedroom, 1 1/2-bathroom condo offers a peaceful retreat with modern comforts. The open-concept living area features a cozy fireplace and large windows that invite natural light, creating a warm and inviting atmosphere. The updated kitchen boasts quartz countertops and stainless steel appliances, perfect for culinary enthusiasts. Both bedrooms are generously sized, with the primary suite offering an en-suite bathroom and ample walk-in closet space. Step outside to your private patio open to views of Scottsdale Pond, ideal for morning coffee or evening relaxation. The community amenities include a pool, tennis courts, basketball court, and clubhouse, providing plenty of options for recreation and socializing. Located just minutes from Highway 101, this condo is a commuter's dream offering easy access to San Francisco, the Napa-Sonoma wine country, and Marin's best shopping, dining, and outdoor recreation. This property also presents a rare opportunity with a possible assumable Veterans Administration (VA) loan, which could offer qualified buyers significant savings with a lower interest rate than current market options.

Highlights

Home typeCondominium
HeatingCentral, Natural Gas
StatusAccepting Backup Offers
(Contingent - Show)
CoolingCeiling Fan(s)
Size1,118 sqft
Lot size0.0257 Acres
Year built1979
ParkingCovered, Unassigned
MLS #325050081
FireplaceWood Burning
ViewWater
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave
  • Flooring Type: Carpet, Simulated Wood, Tile
  • Fireplace: Wood Burning
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Private Pool: Yes
  • Parking: Covered, Unassigned
  • View: Water
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $600,000
  • Price/SqFt: $536
  • HOA Amount: $656 Monthly
  • Annual Tax Amount: $6,892
  • Tax Year: 2024
  • Directions: West on Rowland BLVD, left on Redwood BLVD, Right on Margarita Terrace
  • Year Built: 1979
  • Stories: 2
  • Living Area: 1,118 SqFt
  • Lot Size: 0.0257 Acres
  • MLS Number: 325050081
  • MLS Name: BAREIS MLS
  • Office Name: Holmes Burrell Real Estate
  • Office Email: arun@holmesburrell.com
  • Listing Agent: David A Tucker

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 04, 2016
Home Sold
$420,000
Apr 30, 2003
Home Sold
$335,000
Aug 19, 1998
Home Sold
$170,000
May 15, 1992
Home Sold
$167,272

Tax history

YearAssessmentProperty Tax
2024$487,435$6,892
2023$477,879$6,654
2022$468,509$6,501
2021$459,324$6,509
2020$454,615$6,476
2019$445,704$6,183
2018$436,968$6,071
2017$428,400$6,071

History based on county public records data.

Nearby schools

5

Lynwood Elementary School

Public District KG-5

0.3 mi

1320 Lynwood Dr

7

Rancho Elementary School

Public District KG-5

0.9 mi

1430 Johnson St

5

Olive Elementary School

Public District KG-5

1.5 mi

629 Plum St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,858. Residents of Novato, CA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
40%
35k-100k
30%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
13%
Single, with Kids
19%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • DodgeDodge

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 52 Margarita Ter

The listing price of 52 Margarita Ter property is $600,000.

The property 52 Margarita Ter is a condo located in Novato, California, 94947.

Accepting Backup Offers: 52 Margarita Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 52 Margarita Ter are: Lynwood Elementary School (GreatSchools Rating 5/10), Rancho Elementary School (GreatSchools Rating 7/10), Olive Elementary School (GreatSchools Rating 5/10), San Jose Intermediate (GreatSchools Rating 5/10), Sinaloa Middle School (GreatSchools Rating 6/10), Hamilton Meadow Park School (GreatSchools Rating 5/10), Novato High School (GreatSchools Rating 7/10), Nova Education Center (GreatSchools Rating 5/10), Marin Oaks High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $6,892 (source: MLS/based on county public records data).

The last sale was on January 4, 2016 for $420,000 (source: MLS/tax record).

The property at 52 Margarita Ter has 2 bedrooms and 1 full and 1 half bathrooms.

The property 52 Margarita Ter is 1,118 SqFt (source: MLS/tax record).

The year of construction for 52 Margarita Ter is 1979.

This home is located at 52 Margarita Ter in Novato, CA and zip code 94947 in the Scottsdale Lake neighborhood. This 1,118 square foot home, which was built in 1979, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $600,000.

Over 16 listings were sold over their listed price in June 2025 in Novato, CA. In the same period over 22 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Novato, CA between May and June 2025 increased by 3.6%. In June 2025 median list price was $1,150,000 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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