Seller's Agent in 2023
Paul Cingolani
Berkshire Hathaway
(415) 726-9630
2 in this area
11 Total Sales
238 Summit Dr Corte Madera, CA 94925
Estimated Value: $2,420,000 - $2,539,000
4
Beds
4
Baths
4,517
Sq Ft
$552/Sq Ft
Est. Value
Highlights
- Bay View
- 1.36 Acre Lot
- Enclosed Parking
- Neil Cummins Elementary School Rated A
- Private Lot
- 2 Car Detached Garage
About This Home
As of January 2023Rare opportunity to customize a unique, grand-view home located in fantastic hillside location. Architecturally significant main house and detached legal guest house were constructed with design, quality and proximity to maximize both privacy and the unimpeded view. The main house was damaged by fire then gutted and prepped to be reimagined and customized. This is a fixer, yet most systems and all bathrooms remain. Guest house fully in-tact. Lush tropical landscaping on nearly 1.3 acres. Two car garage with Tesla charging station.
Last Agent to Sell the Property
Berkshire Hathaway License #01219494 Listed on: 10/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,256
Year Built
- Built in 1968 | Under Construction
Lot Details
- 1.36 Acre Lot
- Private Lot
Parking
- 2 Car Detached Garage
- 1 Carport Space
- Enclosed Parking
- Electric Vehicle Home Charger
- Garage Door Opener
Property Views
- Bay
- Bridge
- Downtown
Home Design
- Split Level Home
- Fixer Upper
Interior Spaces
- 4,517 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Raised Hearth
- Metal Fireplace
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
Listing and Financial Details
- Assessor Parcel Number 021-161-02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2022
Closed on
Dec 27, 2022
Sold by
Mohammad Benvidi Revocable Trust
Bought by
238 Summit Drive Llc
Seller's Agent
Paul Cingolani
Berkshire Hathaway
Buyer's Agent
Schneur Scop
Compass
List Price
$2,495,000
Sold Price
$2,260,000
Premium/Discount to List
-$235,000
-9.42%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,712
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,000,000
Outstanding Balance
$968,510
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$1,666,296
Purchase Details
Listed on
Sep 7, 2021
Closed on
Oct 5, 2021
Sold by
Grammens Edward E
Bought by
Benvidi Mohammad and Mohammad Benvidi Revocable Tru
Seller's Agent
Robert Bradley
Inactive Office
Buyer's Agent
Robert Bradley
Inactive Office
List Price
$2,100,000
Sold Price
$2,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Purchase Details
Listed on
Sep 7, 2021
Closed on
Oct 1, 2021
Sold by
Still Water Investors Iii Llc
Bought by
Grammens Edward E
Seller's Agent
Robert Bradley
Inactive Office
Buyer's Agent
Robert Bradley
Inactive Office
List Price
$2,100,000
Sold Price
$2,100,000
Purchase Details
Closed on
Oct 24, 2018
Sold by
Grammens Edward E
Bought by
Stillwater Investors Iii Llc
Purchase Details
Closed on
Sep 30, 2010
Sold by
Grammens Edward
Bought by
Grammens Edward E
Purchase Details
Closed on
Mar 14, 2003
Sold by
Grammens Edward E
Bought by
Grammens Edward E
Purchase Details
Closed on
Dec 23, 1996
Sold by
Overstreet Robert K Tr and White George E Jr Tr Etal
Bought by
Grammens Edward E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,850
Interest Rate
7.53%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 238 Summit Drive Llc | $2,300,000 | Old Republic Title | |
| Benvidi Mohammad | $2,100,000 | Old Republic Title Company | |
| Gammens Edward E | -- | Old Republic Title Company | |
| Grammens Edward E | -- | Old Republic Title Company | |
| Stillwater Investors Iii Llc | -- | First American Title | |
| Grammens Edward E | -- | Accommodation | |
| Grammens Edward | -- | North American Title Co Inc | |
| Grammens Edward | -- | North American Title Co Inc | |
| Grammens Edward E | -- | -- | |
| Grammens Edward E | $752,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 238 Summit Drive Llc | $1,000,000 | |
| Previous Owner | Grammens Edward E | $1,200,000 | |
| Previous Owner | Grammens Edward E | $417,000 | |
| Previous Owner | Grammens Edward E | $733,000 | |
| Previous Owner | Grammens Edward E | $729,000 | |
| Previous Owner | Grammens Edward E | $571,000 | |
| Previous Owner | Grammens Edward E | $386,000 | |
| Previous Owner | Grammens Edward E | $286,000 | |
| Previous Owner | Grammens Edward E | $100,000 | |
| Previous Owner | Grammens Edward E | $606,500 | |
| Previous Owner | Grammens Edward E | $563,850 | |
| Closed | Grammens Edward E | $89,300 | |
| Closed | 238 Summit Drive Llc | $768,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2023 01/30/23 | Sold | $2,260,000 | -5.8% | $500 / Sq Ft |
| 12/07/2022 12/07/22 | Pending | -- | -- | -- |
| 10/25/2022 10/25/22 | Price Changed | $2,400,000 | -3.8% | $531 / Sq Ft |
| 10/04/2022 10/04/22 | For Sale | $2,495,000 | +18.8% | $552 / Sq Ft |
| 10/08/2021 10/08/21 | Sold | $2,100,000 | 0.0% | $465 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | $2,100,000 | -- | $465 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
Tax History Compared to Growth
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 | $31,256 | $2,912,920 | $1,456,560 | $1,456,360 |
| 2024 | $31,256 | $2,346,000 | $1,428,000 | $918,000 |
| 2023 | $28,828 | $2,142,000 | $1,377,000 | $765,000 |
| 2022 | $28,476 | $2,100,000 | $1,350,000 | $750,000 |
| 2021 | $10,128 | $481,657 | $232,550 | $249,107 |
| 2020 | $9,958 | $476,722 | $230,167 | $246,555 |
| 2019 | $17,365 | $1,192,542 | $225,655 | $966,887 |
| 2018 | $14,941 | $1,169,164 | $221,231 | $947,933 |
| 2017 | $13,993 | $1,069,244 | $216,894 | $852,350 |
| 2016 | $14,403 | $1,048,281 | $212,642 | $835,639 |
| 2015 | $14,254 | $1,032,539 | $209,449 | $823,090 |
| 2014 | $13,662 | $1,012,317 | $205,347 | $806,970 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Cingolani
-
Schneur Scop
S
Buyer's Agent in 2023
Schneur Scop
Compass
(415) 325-2559
1 in this area
14 Total Sales
-
Robert Bradley
R
Seller's Agent in 2021
Robert Bradley
Inactive Office
(415) 314-1314
1 in this area
3 Total Sales
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 322090036
APN: 021-161-02
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