NOT LISTED FOR SALE

273 Summit Dr Corte Madera, CA 94925

Estimated Value: $2,566,000 - $3,096,000

4 Beds
3 Baths
3,055 Sq Ft
$904/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $2,240,000 $733 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,950/month

90 Days on Market

Highlights

  • Bay View
  • 0.39 Acre Lot
  • Main Floor Bedroom
  • Neil Cummins Elementary School Rated A
  • Contemporary Architecture
  • Game Room

About This Home

As of December 2020

Contemporary Corte Madera...this exclusive offering provides streamlined living in a surround of jaw-dropping panoramic views. The open floor plan invites easy outdoor access via the dramatic floor to ceiling Fleetwood doors. A high end modern kitchen is a chef's delight, with quartz counter tops and appliances by Gagganeau, Miele, and JennAir. The private master bedroom wing along with one more bedroom and deluxe bath complete this floor. Downstairs, there are two more bedrooms, one remodeled bath, laundry and playroom. Bonus features include, 3 parking spots (one in garage plus 2 more side by side off street spots...rare.), gym space, and workshop. Wind your way up the hill and be greeted not only by this stunning property but also incredible views of the bay, together with access to some of the best hiking trails in Marin.

Last Agent to Sell the Property

Michael Fanelli

Inactive Office License #01222197 Listed on: 08/27/2020

Inactive Office

Co-Listed By

Nick Svenson

Compass License #01918616

Last Buyer's Agent

Michelle Bell

Coldwell Banker Realty License #01399824

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.39

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Property Views

  • Bay
  • Panoramic
  • Bridge

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,055 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Workshop
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Additional Features

  • 0.39 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 021-163-27

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Tamalpais to Redwood, Rt on Edison, Rt on Summit
  • Lot Size Acres: 0.3916
  • Stories: 2
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 3
  • Price Per Square Foot: 733.22
  • Square Footage: 3055
  • Bathrooms: 3.00
  • Kitchen Features: RMDL
  • Room Type: Game Room, Workshop
  • Lower Level: BATH, Bedroom(s)
  • Main Level: BATH, Bedroom(s), Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Street Entrance

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • OpenParkingSpaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public, PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Inside Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 021-163-27
  • Lot Size Sq Ft: 17058

Building Info

  • Year Built: 1993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 15, 2020
Sold by
Walcroft Kim and Walcroft Daryl
Bought by
Owen David I and Owen Susan Kadiff
Seller's Agent
Michael Fanelli
Inactive Office
Buyer's Agent
Michelle Bell
Coldwell Banker Realty
List Price
$2,240,000
Sold Price
$2,240,000
Current Estimated Value
$2,761,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,918
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,344,000
Outstanding Balance
$1,196,561
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,565,357

Purchase Details

Closed on
Nov 2, 2018
Sold by
Walcroft Daryl T and Walcroft Kim Y Gillian
Bought by
Walcroft Kim and Walcroft Daryl

Purchase Details

Closed on
Oct 21, 2004
Sold by
Cadiou Sharon
Bought by
Walcroft Daryl T and Walcroft Kim Y Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1994
Sold by
Cadiou Sharon
Bought by
Cadiou Sharon and Johnson Gordon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Owen David I $2,240,000 Old Republic Title Company
Walcroft Kim -- None Available
Walcroft Daryl T $950,000 --
Cadiou Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen David I $1,344,000
Previous Owner Walcroft Daryl T $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $2,240,000 0.0% $733 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $2,240,000 -- $733 / 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 $29,235 $2,424,620 $1,434,206 $990,414
2024 $29,235 $2,377,088 $1,406,090 $970,998
2023 $28,449 $2,330,496 $1,378,530 $951,966
2022 $28,235 $2,284,800 $1,351,500 $933,300
2021 $27,777 $2,240,000 $1,325,000 $915,000
2020 $17,363 $1,311,837 $828,399 $483,438
2019 $16,608 $1,286,124 $812,162 $473,962
2018 $16,295 $1,260,915 $796,243 $464,672
2017 $16,117 $1,236,201 $780,637 $455,564
2016 $15,445 $1,211,971 $765,336 $446,635
2015 $15,307 $1,193,772 $753,844 $439,928
2014 $14,017 $1,115,197 $739,082 $376,115
Source: Public Records

Agents Affiliated with this Home

  • Michael Fanelli

    Seller's Agent in 2020

    Michael Fanelli

    Inactive Office

    (415) 205-9117

    17 Total Sales

    Michael Fanelli
    Section Image
  • Nick Svenson

    Seller Co-Listing Agent in 2020

    Nick Svenson

    Compass

    (415) 505-7674

    7 in this area

    98 Total Sales

    Nick Svenson
    Section Image
  • Michelle Bell

    Buyer's Agent in 2020

    Michelle Bell

    Coldwell Banker Realty

    (415) 381-6639

    11 Total Sales

    Michelle Bell
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22020387

Bay Area Real Estate Information Services (BAREIS)

APN: 021-163-27

California Marin County Corte Madera 94925

273 Summit Dr, Corte Madera, CA

Not Listed for Sale

Detached

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