NOT LISTED FOR SALE

21 Palm Ave Corte Madera, CA 94925

Estimated Value: $1,737,000 - $2,011,000

4 Beds
3 Baths
1,578 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $1,600,000 $1,014 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,560/month

43 Days on Market

Highlights

  • Craftsman Architecture
  • Fenced Yard
  • Landscaped
  • Neil Cummins Elementary School Rated A
  • 2 Car Attached Garage
  • 4-minute walk to Menke Park

About This Home

As of December 2022

2 charming homes on one 5,000 SQFT. lot in prime Corte Madera! Backs up to the Corte Madera/Larkspur bike path with easy access to both towns. 23 Palm is a craftsman that was updated within the last couple of years, 2 bedrooms 1 bath and a wonderful private back yard and nicely landscaped front yard. Welcoming front porch and brown shingle facade. 21 Palm is two bedrooms 1 bath, nice sized private yard. A few tweaks and this cozy home is ready to go. Attached garage a plus. Live in one and rent out the other.

Last Agent to Sell the Property

LeiAnn Werner

Golden Gate Sotheby's License #00994572 Listed on: 10/05/2022

Golden Gate Sotheby's

Last Buyer's Agent

Nadine & Camara Team

Compass License #01332210

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Contemporary Architecture

Interior Spaces

  • 4 Bedrooms
  • 1,578 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 024-092-06

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Directions To Property: Tamalpais right on Redwood near new Burmatown location. Continue to Palm. House is on the left.
  • Lot Size Acres: 0.1148
  • Stories: 1
  • CapRate: 3.74
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary, Craftsman
  • Special Features: None

Interior Features

  • Price Per Square Foot: 1013.94
  • Square Footage: 1578.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Cul-De-Sac, Landscape Front
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Attached, Garage, Off Street, Uncovered
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Varies By Unit, Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 024-092-06
  • Lot Size Sq Ft: 5000.00

Building Info

  • Year Built: 1910

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 23, 2022
Sold by
Petty Lee and Petty Diane
Bought by
Petty Family 2020 Trust
Seller's Agent
LeiAnn Werner
Golden Gate Sotheby's
Buyer's Agent
Nadine & Camara Team
Compass
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Views
53
Current Estimated Value
$1,858,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,103
Avg. Annual Appreciation
4.03%
Original Mortgage
$1,200,000
Outstanding Balance
$1,162,789
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$649,164

Purchase Details

Closed on
Jul 1, 2004
Sold by
Babcock James V
Bought by
Babcock Properties Ltd

Purchase Details

Closed on
Apr 19, 1999
Sold by
Babcock Cheryl
Bought by
Babcock James

Purchase Details

Closed on
Apr 15, 1999
Sold by
Babcock James V
Bought by
Babcock Properties Ltd

Purchase Details

Closed on
May 28, 1996
Sold by
Babcock C Forrester and Babcock Cheryl
Bought by
Babcock James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Petty Family 2020 Trust -- --
Petty Lee $1,600,000 Old Republic Title
Babcock Properties Ltd -- Fidelity National Title
Babcock James -- Fidelity National Title Co
Babcock James -- Fidelity National Title Co
Babcock James -- Old Republic Title Company
Babcock Properties Ltd $2,500 --
Babcock James -- Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Lee $1,200,000
Previous Owner Babcock James $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $1,600,000 +0.3% $1,014 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $1,595,000 -- $1,011 / 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 $22,939 $1,664,640 $1,014,390 $650,250
2024 $21,808 $1,632,000 $994,500 $637,500
2023 $20,972 $1,600,000 $975,000 $625,000
2022 $10,023 $608,265 $434,475 $173,790
2021 $9,854 $596,341 $425,958 $170,383
2020 $9,814 $590,230 $421,593 $168,637
2019 $9,457 $578,659 $413,328 $165,331
2018 $9,154 $567,315 $405,225 $162,090
2017 $9,201 $556,193 $397,281 $158,912
2016 $8,867 $545,290 $389,493 $155,797
2015 $8,813 $537,100 $383,643 $153,457
2014 $8,447 $526,579 $376,128 $150,451
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322090590

Bay Area Real Estate Information Services (BAREIS)

APN: 024-092-06