NOT LISTED FOR SALE

173 Summit Dr Corte Madera, CA 94925

Estimated Value: $2,158,000 - $2,332,000

5 Beds
2 Baths
2,135 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $2,175,000 $1,019 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,244/month

4 Days on Market

Highlights

  • Water Views
  • Built-In Refrigerator
  • Traditional Architecture
  • Neil Cummins Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2022

New York loft inspired chic!! Soaring ceilings with rustic finish, metal windows, wide plank flooring, designer lighting all blend seamlessly for a very cool factor in the overall design, light and scale of this beautiful Corte Madera residence. Open living space with primary suite on the main level & 3 additional bedrooms on the lower level. Huge great room opens directly to the level lawn, multiple level decks/terraces and outdoor entertaining spaces. Seamless indoor/outdoor living. Upper terrace with built in bar is ideal for hosting al fresco dinners and larger gatherings. 5th bedroom/guest unit is also ideal as a home office or gym. Plenty of parking with high ceiling one car detached garage & +- 3 off street spaces adjacent to the residence. Unrivaled 180 degree water/bay views. Panoramic top of the world vistas! Very private & quiet. Just steps to trails for endless hiking & biking. Fabulous commute location. Only 1.5 minutes from shops/restaurants to the residence.

Last Agent to Sell the Property

Tracy McLaughlin

The Agency License #01209397 Listed on: 08/17/2022

The Agency

Last Buyer's Agent

Rose De Angelo

Compass License #01483899

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 5,005 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Garden

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces

Property Views

  • Water
  • Panoramic
  • Bridge
  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,135 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • Storage Room

Kitchen

  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Butcher Block Countertops
  • Tile Countertops
  • Concrete Kitchen Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 025-133-02

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Interior Amenities: Formal Entry, Open Beam Ceiling, Skylight(s), Storage Area(s)
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Redwood Avenue. Right on Edison. Right on Summit.
  • Lot Size Acres: 0.1149
  • Stories: 2
  • Levels: Two
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 5
  • Master Bathroom Features: Tile, Tub w/Shower Over, Window
  • Master Bedroom Features: Walk-In Closet
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Family Combo
  • Flooring: Tile, Wood
  • Price Per Square Foot: 1018.74
  • Square Footage: 2135.00
  • Bathroom Features: Tile, Tub w/Shower Over, Window
  • Bathrooms: 2
  • Family Room Features: Deck Attached, Great Room, Open Beam Ceiling, Skylight(s), View
  • Fireplace Features: Family Room, Wood Burning
  • Kitchen Features: Butcher Block Counters, Kitchen/Family Combo, Slab Counter, Tile Counter, Wood Counter
  • Room Type: Great Room, Kitchen, Primary Bathroom, Primary Bedroom, Office, Possible Guest, Storage, Other
  • Lower Level: Bedroom(s), Full Bath(s)
  • Main Level: Family Room, Full Bath(s), Kitchen, Primary Bedroom

Exterior Features

  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscape Front, Landscape Misc
  • Roof: Composition
  • View: Bridges, Hills, Mountains, Panoramic, Water

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 4.00
  • Garage Spaces: 1.00
  • OpenParkingSpaces: 3.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Ground Floor, Washer Included

Schools

  • Middle/Junior School District: Larkspur-Corte Madera

Lot Info

  • Assessor Parcel Number: 025-133-02
  • Lot Size Sq Ft: 5005.00

Building Info

  • Year Built: 1975

MLS Schools

  • Senior High School District: Tamalpais Union
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 7, 2022
Sold by
Isley and Colleen
Bought by
Ramsey Travis Lloyd and Ramsey Olga Shramova
Seller's Agent
Tracy McLaughlin
The Agency
Buyer's Agent
Rose De Angelo
Compass
List Price
$1,995,000
Sold Price
$2,175,000
Premium/Discount to List
$180,000
9.02%
Views
12
Current Estimated Value
$2,267,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,947
Avg. Annual Appreciation
1.28%
Original Mortgage
$1,740,000
Outstanding Balance
$1,646,295
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$621,652

Purchase Details

Closed on
Jul 29, 2013
Sold by
Fink Timothy P and Jonas Karen G
Bought by
Isley Nathan and Isley Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2007
Sold by
Lafore Robert W
Bought by
Fink Timothy P and Jonas Karen G

Purchase Details

Closed on
Sep 9, 2004
Sold by
Cooke Joan L
Bought by
Cooke Joan L

Purchase Details

Closed on
Jun 2, 2000
Sold by
Lafore Robert W
Bought by
Lafore Robert W and Robert W Lafore Jr Trust
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
Ramsey Travis Lloyd $2,175,000 --
Isley Nathan $1,149,000 Stewart Title Of Ca Inc
Fink Timothy P $1,200,000 California Land Title Marin
Cooke Joan L -- --
Lafore Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Travis Lloyd $1,740,000
Previous Owner Isley Nathan $804,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $2,175,000 +9.0% $1,019 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $1,995,000 -- $934 / 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 $27,910 $2,316,889 $1,352,520 $964,369
2024 $27,910 $2,271,460 $1,326,000 $945,460
2023 $26,611 $2,178,500 $1,300,000 $878,500
2022 $17,332 $1,327,232 $865,184 $462,048
2021 $17,039 $1,301,219 $848,227 $452,992
2020 $17,016 $1,287,879 $839,531 $448,348
2019 $16,344 $1,262,636 $823,076 $439,560
2018 $16,031 $1,237,886 $806,942 $430,944
2017 $15,858 $1,213,619 $791,123 $422,496
2016 $15,197 $1,189,823 $775,611 $414,212
2015 $15,058 $1,171,957 $763,965 $407,992
2014 $14,394 $1,149,000 $749,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322076479

Bay Area Real Estate Information Services (BAREIS)

APN: 025-133-02