NOT LISTED FOR SALE

15 Montecito Ave Corte Madera, CA 94925

Estimated Value: $1,311,000 - $2,009,000

4 Beds
3 Baths
1,880 Sq Ft
$804/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2025

Last sale price $1,300,000 $691 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,510 / mo

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

Ben Faber

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

Compass

Last Buyer's Agent

Jodi Spagna

Compass License #02078882

Compass

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1962

Lot Details

6,743 Sq Ft Lot

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
  • NumberOfUnitsTotal: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2025
Closed on
Aug 11, 2025
Sold by
Bought by
Seller's Agent
Ben Faber
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
Current Estimated Value
$1,510,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,962
Avg. Annual Appreciation
20.97%
Original Mortgage
$800,000
Outstanding Balance
$797,178
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$713,784

Purchase Details

Closed on
Dec 16, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 First American Title
-- --
-- --
-- None Available
-- Old Republic Title Company
$1,025,000 Old Republic Title Company
$968,000 Old Republic Title Company
-- Old Republic Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- $718 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,886 $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

  • Ben Faber

    Seller's Agent in 2025

    Ben Faber

    Compass

    (415) 686-4980

    18 in this area

    249 Total Sales

    Ben Faber
    Section Image
  • Jodi Spagna

    Buyer's Agent in 2025

    Jodi Spagna

    Compass

    (415) 461-7200

    3 in this area

    26 Total Sales

    Jodi Spagna
    Section Image
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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

California Marin County Corte Madera 94925

15 Montecito Ave, Corte Madera, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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