NOT LISTED FOR SALE

Estimated Value: $2,870,000 - $4,132,000

4 Beds
4 Baths
3,430 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $2,700,000 $787 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $22,219/month

7 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • 2 Fireplaces
  • The Cove School Rated A
  • Main Floor Bedroom
  • Living Room

About This Home

As of March 2020

Surrounded by rolling hills and open space, 22 Drakes Cove Court features stunning views of the Mt. Tam and is within an easy stroll to the lively Marin Country Mart, the Larkspur Ferry Terminal and beautiful hiking and biking trails. With the upmost attention to detail, this high-quality, new construction home features beautiful maple floors, soaring ceilings, a coveted open floor plan, main-level Master Suite, A/C and phenomenal natural light.

Last Agent to Sell the Property

Whitney Potter

Own Marin License #01468633 Listed on: 02/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,459

Year Built

  • Built in 2014

Lot Details

  • 9,169 Sq Ft Lot

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Bay
  • Bridge

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Drakes Cove Homeowners Association, Phone Number (408) 225-3001

Listing and Financial Details

  • Assessor Parcel Number 018-250-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,459

Year Built

Built in 2014

Lot Details

0

HOA Fees

$254 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Sir Francis Drake to Drakes Cove Road, Left Drakes Cove Court
  • Lot Size Acres: 0.2105
  • Stories: 2
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 2
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Number Of Rooms: 8
  • Price Per Square Foot: 787.17
  • Square Footage: 3430
  • Bathrooms: 4.00
  • Fireplace Features: Gas Piped
  • Lower Level: BATH, Bedroom(s), Family Room
  • Main Level: BATH, Bedroom(s), Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Street Entrance

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Pool: No
  • Spa: No
  • View: Bay, Bridges

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 4

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Utilities: All Public, PGEE
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 254
  • Association Fee Frequency: Monthly
  • Association Name: Drakes Cove Homeowners Association
  • Association Phone: (408) 225-3001
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Assessor Parcel Number: 018-250-14
  • Lot Size Sq Ft: 9169

Building Info

  • Year Built: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Century Urban Llc
Bought by
Cu Multifamily Llc
Current Estimated Value
$3,568,164

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 18, 2020
Sold by
Glarmarco Julius H and The Iyyad Abueida Irrevocable
Bought by
Century Urban Llc
Seller's Agent
Whitney Potter
Own Marin
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$2,025,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 15, 2018
Sold by
Abueida Iyyad
Bought by
Giarmarco Juluis H and Iyaad Abueida Revocable Trust
Seller's Agent
Whitney Potter
Own Marin
Buyer's Agent
Whitney Potter
Own Marin
List Price
$2,550,000
Sold Price
$2,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jan 19, 2017
Sold by
Wadhwa Rishi Kumar and Wadhwa Elizabeth Lindley
Bought by
Abueida Lyyad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2015
Sold by
Drakes S Cove Ventures Llc
Bought by
Wadhwa Rishi Kumar and Wadhwa Elizabeth Lindley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2012
Sold by
Quality Properties Asset Management Comp
Bought by
Drakes Cove Ventures Llc

Purchase Details

Closed on
Oct 31, 2011
Sold by
Larkspur Capital Partners Llc
Bought by
Quality Properties Asset Management Comp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cu Multifamily Llc -- None Available
Century Urban Llc $2,700,000 Fidelity National Title Co
Giarmarco Juluis H -- None Available
Abueida Lyyad $255,000 Fidelity National Title Co
Wadhwa Rishi Kumar -- None Available
Wadhwa Rishi Kumar $2,300,000 Old Republic Title Company
Drakes Cove Ventures Llc $5,500,000 Old Republic Title Company
Quality Properties Asset Management Comp $5,415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Century Urban Llc $2,025,000
Previous Owner Abueida Lyyad $1,893,750
Previous Owner Wadhwa Rishi Kumar $1,495,000
Previous Owner Larkspur Capital Partners Llc $11,000,000
Previous Owner Larkspur Capital Partners Llc $8,000,000
Previous Owner Larkspur Capital Partners Llc $13,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $2,700,000 0.0% $787 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $2,700,000 +5.9% $787 / Sq Ft
06/29/2018 06/29/18 Sold $2,550,000 0.0% $743 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $2,550,000 -- $743 / 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 $37,459 $2,950,613 $1,547,486 $1,403,127
2024 $37,459 $2,892,767 $1,517,148 $1,375,619
2023 $37,079 $2,836,056 $1,487,405 $1,348,651
2022 $34,865 $2,780,450 $1,458,242 $1,322,208
2021 $34,254 $2,725,950 $1,429,659 $1,296,291
2020 $32,826 $2,601,000 $1,275,000 $1,326,000
2019 $31,767 $2,550,000 $1,250,000 $1,300,000
2018 $31,718 $2,429,398 $1,267,512 $1,161,886
2017 $29,221 $2,381,765 $1,242,660 $1,139,105
2016 $28,282 $2,335,075 $1,218,300 $1,116,775
2015 $18,517 $1,543,016 $465,459 $1,077,557
2014 $5,221 $426,929 $426,929 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22006775

Bay Area Real Estate Information Services (BAREIS)

APN: 018-250-14