NOT LISTED FOR SALE

10 Balclutha Dr Corte Madera, CA 94925

Estimated Value: $1,764,000 - $2,451,769

4 Beds
3 Baths
2,681 Sq Ft
$810/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $1,600,000 $597 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,331/month

126 Days on Market

Highlights

  • Additional Residence on Property
  • Bay View
  • 2 Fireplaces
  • Bel Aire Elementary School Rated A
  • Traditional Architecture
  • Landscaped

About This Home

As of July 2020

Rarely available and highly sought after Corte Madera duplex home. Main house is 3 bedrooms and 2 baths with a fireplace. Downstairs has a separate covered entrance and separately metered 1 bedroom, 1 bath with another fireplace. This unit could be used as extra space or rental income (eligible for a 1031 exchange)! This is one of the largest homes on the street and if desired has flexibility in function and the ability for future expansion. Come see the amazing Mount Tam views from the living room and bay views from the large outdoor deck. The upstairs features new dual pane windows and brand new flooring. The downstairs features a second full-size kitchen, spacious living and dining room, large bedroom, separate laundry and very private outdoor space. Award Winning Tiburon's Reed School District and just steps away from Ring Mountain Open Space, several shopping centers and easy access for commuting. Virtual Tour - https://bit.ly/2Kzu5E9 Video Walkthrough - https://bit.ly/3eJPtVe

Last Agent to Sell the Property

Dan Descalso

Descalso Real Estate License #01951335 Listed on: 03/03/2020

Co-Listed By

Robert Elam

Elam Property Management License #01871556

Last Buyer's Agent

Link Allen

Vanguard Properties License #01378539

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,258 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Mountain

Home Design

  • Traditional Architecture
  • Property Attached
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,681 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Homes

  • Additional Residence on Property

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 038-263-07

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: 2 Houses on Lot
  • Subtype Description: Attached
  • Directions To Property: Paradise Drive. Right on Westward Drive. Right on Balclutha Drive.
  • Lot Size Acres: 0.2355
  • Stories: 2
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Number Of Fireplaces: 2
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Price Per Square Foot: 596.79
  • Square Footage: 2681
  • Bathrooms: 3.00
  • Fireplace Features: Gas Piped, Wood Burning
  • Room Type: Other

Exterior Features

  • Construction Materials: Frame, Stucco, Wood, Wood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: Auto Sprinkler F&R, Landscape Front
  • Roof: Composition, Shingle
  • OtherStructures: ZON2
  • Patio And Porch Features: DECK
  • Pool: No
  • Spa: No
  • View: Bay, Mountains

Garage/Parking

  • Garage Spaces: 2
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: All Electric, All Public, Cable Available, Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 038-263-07
  • Lot Size Sq Ft: 10258

Building Info

  • Year Built: 1965

Multi Family

  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 7, 2020
Sold by
Thorinson Llc
Bought by
Cook Christopher and Cook Janaina M
Seller's Agent
Dan Descalso
Descalso Real Estate
Buyer's Agent
Link Allen
Vanguard Properties
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$2,172,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,192
Avg. Annual Appreciation
5.73%
Original Mortgage
$510,400
Outstanding Balance
$452,589
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,719,603

Purchase Details

Closed on
Feb 4, 2020
Sold by
Point Richmond Property Llc
Bought by
Thorinson Llc

Purchase Details

Closed on
Dec 26, 2018
Sold by
Arliene Donna and The Donna Arliene Revocable Tr
Bought by
Point Richmond Property Llc and Stewardship Fund Of San Francisco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2007
Sold by
Arliene Donna
Bought by
Arliene Donna and Donna Arliene Revocable Trust

Purchase Details

Closed on
Mar 21, 2007
Sold by
Arliene Donna
Bought by
Arliene Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cook Christopher $1,600,000 Fidelity National Title Co
Thorinson Llc -- None Available
Point Richmond Property Llc $1,000,000 Fidelity National Title Co
Arliene Donna -- None Available
Arliene Donna -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Christopher $510,400
Previous Owner Point Richmond Property Llc $700,000
Previous Owner Arliene Donna $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $1,600,000 0.0% $597 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $1,600,000 -- $597 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,806 $1,801,572 $1,082,420 $719,152
2024 $22,271 $1,732,920 $1,061,200 $671,720
2023 $21,145 $1,664,640 $1,040,400 $624,240
2022 $20,878 $1,632,000 $1,020,000 $612,000
2021 $20,574 $1,600,000 $1,000,000 $600,000
2020 $20,369 $1,581,000 $969,000 $612,000
2019 $19,801 $1,550,000 $950,000 $600,000
2018 $4,231 $157,449 $32,849 $124,600
2017 $4,374 $154,362 $32,205 $122,157
2016 $4,263 $151,336 $31,574 $119,762
2015 $4,244 $149,062 $31,099 $117,963
2014 $4,115 $146,143 $30,490 $115,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22004516

Bay Area Real Estate Information Services (BAREIS)

APN: 038-263-07