$1,300,000
SOLD AUG 15, 2025

15 Montecito Ave Corte Madera, CA 94925

4 Beds
3 Baths
1,880 Sq Ft
6,743 Sq Ft Lot

Recently Sold

$691 Per Sq Ft

4% Below List Price

52 Days on Market

Highlights

  • Private Lot
  • 8 Car Attached Garage
  • Hot Water Heating System
  • Neil Cummins Elementary School Rated A
  • Central Heating
  • 2-minute walk to Menke Park

About This Home

As of August 2025

Exceptional duplex opportunity in a prime West Corte Madera location just across from the scenic pedestrian path connecting to downtown Larkspur and the Twin Cities loop. 15 Montecito Drive features two spacious, side-by-side units, each offering 2 bedrooms, 1 bathroom, and a highly functional floor plan. Each unit boasts an attached 4-car garage (side-by-side and tandem), providing ample parking, storage, or flex-use potential. Additional highlights include a laundry room for each unit and a versatile utility room ideal for a home office, gym, or creative workspace. With convenient access to restaurants, parks, top-rated schools, and shopping, this property blends comfort, versatility, and location. A fantastic opportunity for owner-occupants or investors looking to build equity in one of Marin's most walkable and desirable neighborhoods.

Last Agent to Sell the Property

Faber Real Estate Team

Compass License #01913767 Listed on: 06/22/2025

Compass

Last Buyer's Agent

Jodi Spagna

Compass License #02078882

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,927

Year Built

  • Built in 1962

Lot Details

  • 6,743 Sq Ft Lot
  • Private Lot
  • Secluded Lot

Parking

  • 8 Car Attached Garage
  • 4 Open Parking Spaces
  • Tandem Garage

Home Design

  • 1,880 Sq Ft Home
  • Duplex
  • Side-by-Side

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Central Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 025-015-05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,927

Year Built

Built in 1962

Lot Details

0

Parking

8

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Directions To Property: Google Maps
  • Lot Size Acres: 0.1548
  • CapRate: 3.80
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 1880.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Private, Secluded

Garage/Parking

  • Parking Features: Attached, Covered, Garage, Side-by-Side, Tandem Garage
  • Total Parking Spaces: 12.00
  • Covered Parking Spaces: 8.00
  • Garage Spaces: 8.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer, Sewer Connected, Sewer in Street
  • Water Source: Meter Available, Meter on Site, Public
  • Heating: Central, Gas, Hot Water, Natural Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 025-015-05
  • Lot Size Sq Ft: 6743.00

Rental Info

  • TenantPays: Cable TV, Electricity, Trash Collection

Building Info

  • Year Built: 1962

Multi Family

  • 1 Bedroom Rent Range: Buyer to verify
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: Buyer to verify
  • Three Bedroom Rent Range: Buyer to verify
  • Four Bedroom Rent Range: Buyer to verify
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2025
Closed on
Aug 11, 2025
Sold by
Leclair Nojiri Family Trust and Leclair Darrel
Bought by
Spagna Jodi
Seller's Agent
Faber Real Estate Team
Compass
Buyer's Agent
Jodi Spagna
Compass
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.65%
Original Mortgage
$800,000
Outstanding Balance
$799,300
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$610,036

Purchase Details

Closed on
Dec 16, 2022
Sold by
Leclair Darrell and Leclair Naoko
Bought by
Leclair Nojiri Family Trust

Purchase Details

Closed on
Nov 19, 2019
Sold by
Leclair Darrell R
Bought by
Orchid Rentals Llc

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 15, 2015
Sold by
Nojiri Naoko
Bought by
Leclair Darrel R
Seller's Agent
Toni Abruzzo-Ramirez
Golden Gate Sotheby's
Buyer's Agent
Darrel LeClair
Agent Analytics, Inc.
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 3, 2013
Sold by
Lenherr Carol A and Lenherr Lori Ann
Bought by
Probert Colin C and Probert Jennifer G
Seller's Agent
Jane Richmond
Compass
Buyer's Agent
Toni Abruzzo-Ramirez
Golden Gate Sotheby's
List Price
$968,000
Sold Price
$968,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,300,000 First American Title
Deed -- --
Grant Deed -- --
Grant Deed -- None Available
Grant Deed -- Old Republic Title Company
Grant Deed $1,025,000 Old Republic Title Company
Grant Deed $968,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Sold $1,300,000 -3.6% $691 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $1,349,000 +3.8% $718 / Sq Ft
07/31/2025 07/31/25 Off Market $1,300,000 -- --
06/22/2025 06/22/25 For Sale $1,349,000 +31.6% $718 / Sq Ft
09/21/2015 09/21/15 Sold $1,025,000 0.0% $545 / Sq Ft View Prior Sale
09/20/2015 09/20/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $1,025,000 +5.9% $545 / Sq Ft
10/18/2013 10/18/13 Sold $968,000 0.0% $403 / Sq Ft View Prior Sale
09/27/2013 09/27/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $968,000 -- $403 / 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 $16,927 $1,210,996 $739,856 $471,140
2024 $16,927 $1,187,252 $725,350 $461,902
2023 $16,180 $1,163,979 $711,131 $452,848
2022 $16,036 $1,141,156 $697,187 $443,969
2021 $15,775 $1,118,782 $683,518 $435,264
2020 $15,748 $1,107,315 $676,512 $430,803
2019 $15,151 $1,085,607 $663,250 $422,357
2018 $14,842 $1,064,329 $650,250 $414,079
2017 $14,798 $1,043,460 $637,500 $405,960
2016 $14,221 $1,023,000 $625,000 $398,000
2015 $13,967 $987,340 $611,988 $375,352
2014 $13,368 $968,000 $600,000 $368,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325057785

Bay Area Real Estate Information Services (BAREIS)

APN: 025-015-05