NOT LISTED FOR SALE

251 Summit Dr Corte Madera, CA 94925

Estimated Value: $1,355,000 - $1,602,888

2 Beds
2 Baths
1,381 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $985,000 $713 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,158/month

121 Days on Market

Highlights

  • Additional Residence on Property
  • Bay View
  • Cathedral Ceiling
  • Neil Cummins Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2019

Wonderful Xmas tree hill home boasting floor to ceiling windows, views of SF bay & 2 bridges. Flooded with natural light, hardwood floors & bonus room off the kitchen. Huge basement/storage below. 2 car driveway. Wonderful decks for entertaining. Don't miss the legal detached 2nd accessary dwelling unit. Rent projected to be $2K per month income. Town of CM has open permit in place & unit near completion. Award winning schools!

Last Agent to Sell the Property

Peter Pickrel

Coldwell Banker Realty License #01156183 Listed on: 10/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Justina Colunga

The Agency License #01886864

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,622

Year Built

  • Built in 1929

Lot Details

  • 3,751

Property Views

  • Bay
  • Panoramic
  • Bridge
  • City Lights
  • Woods
  • Hills
  • Forest

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Storage
  • Laundry closet
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • Gravel Driveway

Utilities

  • Central Heating
  • Pellet Stove burns compressed wood to generate heat

Additional Features

  • 3,751 Sq Ft Lot
  • Additional Residence on Property

Community Details

  • Christmas Tree Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-163-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,622

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential
  • Property Sub Type: 2 Houses on Lot
  • Subtype Description: Detached
  • Directions To Property: Tamalpais to Redwood to Edison, Right on Summit.
  • Lot Size Acres: 0.0861
  • Stories: 2
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Formal Area
  • Living Room Features: Deck Attached, Cathedral/Vaulted
  • Number Of Rooms: 4
  • Flooring: Wood
  • Price Per Square Foot: 713.25
  • Square Footage: 1381
  • Bathroom Features: Tile, Tub w/Shower Over
  • Bathrooms: 2.00
  • Fireplace Features: Living Room, Pellet Stove
  • Kitchen Features: Breakfast Room
  • Room Type: Bonus Room
  • Lower Level: BATH, Bedroom(s)

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • OtherStructures: ZON2
  • Patio And Porch Features: DECK
  • Pool: No
  • Spa: No
  • View: Bay, Bridges, City Lights, Forest, Hills, Panoramic, Water, Woods

Garage/Parking

  • OpenParkingSpaces: 2
  • Driveway/Sidewalks: Gravel

Utilities

  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public, PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Laundry Closet

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 021-163-01
  • Lot Size Sq Ft: 3751

Building Info

  • Year Built: 1929

Multi Family

  • Second Unit Bedrooms: 1
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Feb 5, 2019
Sold by
Elliott Joseph
Bought by
Callahan Joseph P
Seller's Agent
Peter Pickrel
Coldwell Banker Realty
Buyer's Agent
Justina Colunga
The Agency
List Price
$985,000
Sold Price
$985,000
Current Estimated Value
$1,471,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,972
Avg. Annual Appreciation
6.14%
Original Mortgage
$837,250
Outstanding Balance
$739,040
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$721,203

Purchase Details

Closed on
May 26, 2015
Sold by
Cadiou Sharon
Bought by
Elliott Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2011
Sold by
Cadiou Sharon
Bought by
Cadiou Sharon

Purchase Details

Closed on
Jun 19, 1997
Sold by
Gordon Johnson
Bought by
Cadiou Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Callahan Joseph P $985,000 North American Title Co Inc
Elliott Joseph $750,000 Old Republic Title Company
Cadiou Sharon -- None Available
Cadiou Sharon $131,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Joseph P $837,250
Previous Owner Elliott Joseph $350,000
Previous Owner Elliott Joseph $600,000
Previous Owner Cadiou Sharon $195,000
Previous Owner Cadiou Sharon $184,000
Previous Owner Cadiou Sharon $185,000
Previous Owner Cadiou Sharon $250,000
Previous Owner Cadiou Sharon $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $985,000 0.0% $713 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $985,000 -- $713 / 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 $16,622 $1,186,443 $641,412 $545,031
2024 $16,622 $1,163,182 $628,837 $534,345
2023 $15,879 $1,140,378 $616,509 $523,869
2022 $15,737 $1,118,021 $604,422 $513,599
2021 $15,480 $1,096,101 $592,572 $503,529
2020 $15,056 $1,064,700 $586,500 $478,200
2019 $13,809 $978,957 $591,481 $387,476
2018 $10,998 $791,138 $579,886 $211,252
2017 $10,906 $775,626 $568,516 $207,110
2016 $10,463 $760,422 $557,372 $203,050
2015 $4,702 $260,257 $104,778 $155,479
2014 $3,720 $255,160 $102,726 $152,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21825850

Bay Area Real Estate Information Services (BAREIS)

APN: 021-163-01