NOT LISTED FOR SALE

385 Elm Ave Larkspur, CA 94939

Estimated Value: $3,676,000 - $5,176,000

4 Beds
3 Baths
3,545 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $3,600,000 $1,016 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $28,012/month

30 Days on Market

Highlights

  • In Ground Pool
  • Bay View
  • French Architecture
  • Neil Cummins Elementary School Rated A
  • Built-In Refrigerator
  • Cathedral Ceiling

About This Home

As of July 2021

A once in a lifetime opportunity to own one of Larkspur's historic treasures. Originally built in 1936 and inspired by the architecture of the Loire Valley, the 'McLaren House' majestically sits on a sun-drenched lot with breathtaking views that span from Mt. Tam to the East Bay. 385 Elm Avenue has generous grounds, level lawns, gardens and a saline pool. This impressive 4bd/3ba Palm Hill residence has a dramatic living room with a vaulted ceiling and custom chandelier, a spacious kitchen with large island, and an adjacent family/dining 'Great Room'. The flexible floorplan, together with multiple places to entertain and play, the award-winning schools, great weather, hiking & biking trails plus a nearby path that provides a fun stroll to the historic downtown, make 385 Elm Avenue a rare offering. Life is good in Larkspur...

Last Agent to Sell the Property

Mcarthur Love

Compass License #01327745 Listed on: 05/10/2021

Compass

Last Buyer's Agent

Susan Hewitt C.j. Nakagawa

Golden Gate Sotheby's License #00996144

Golden Gate Sotheby's

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Garden
  • Historic Home

Property Views

  • Bay
  • Ridge
  • Mount Tamalpais
  • Park or Greenbelt

Home Design

  • French Architecture
  • Tile Roof

Interior Spaces

  • 3,545 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Auto Driveway Gate
  • Uncovered Parking

Pool

  • In Ground Pool
  • Saltwater Pool

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 021-223-47

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Interior Amenities: Formal Entry
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Magnolia to Alexander to left on Acacia to right on Elm to top...home is on left side of street.
  • Lot Size Acres: 0.3719
  • Stories: 3
  • Levels: Three Or More
  • ArchitecturalStyle: French, Vintage
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Gas Cook Top, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Family Combo
  • Living Room Features: Cathedral/Vaulted
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 1015.51
  • Square Footage: 3545
  • Bathrooms: 3.00
  • Fireplace Features: Living Room
  • Kitchen Features: Island, Kitchen/Family Combo, Stone Counter
  • Lower Level: Bedroom(s), Full Bath(s)
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Garden, Landscape Front
  • Roof: Tile
  • Pool: Yes
  • Pool Features: Built-In, Salt Water
  • View: Bay, Garden/Greenbelt, Mt Tamalpais, Ridge

Garage/Parking

  • Parking Features: Uncovered Parking Spaces 2+
  • Total Parking Spaces: 6
  • Carport Spaces: 2
  • Driveway/Sidewalks: Gated, Paved Driveway

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: All Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Middle/Junior School District: Larkspur-Corte Madera

Lot Info

  • Assessor Parcel Number: 021-223-47
  • Lot Size Sq Ft: 16200

Building Info

  • Year Built: 1937

MLS Schools

  • Senior High School District: Tamalpais Union
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 25, 2021
Sold by
Mcdonough Richard T and Mcdonough Sally B
Bought by
Coull Alasdair and Coull Justine
Seller's Agent
Mcarthur Love
Compass
Buyer's Agent
Susan Hewitt C.j. Nakagawa
Golden Gate Sotheby's
List Price
$3,600,000
Sold Price
$3,600,000
Current Estimated Value
$4,548,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,299
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,800,000
Outstanding Balance
$1,633,221
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,915,078

Purchase Details

Closed on
Aug 8, 2012
Sold by
Mcdonough Richard T and Mcdonough Sally B
Bought by
Mcdonough Richard T and Mcdonough Sally B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2012
Sold by
Mcleran Brian E and Mcleran Laura S
Bought by
Mcdonough Richard T and Mcdonough Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2007
Sold by
Mcleran Brian and Mcleran Laura
Bought by
Mcleran Brian E and Mcleran Laura S

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
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2006
Sold by
Mcleran Brian and Mcleran Laura S
Bought by
Mcleran Brian E and Mcleran Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,868,750
Interest Rate
8.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 16, 2000
Sold by
Mcleran Brian E and Mcleran Laura S
Bought by
Mcleran Brian E and Mcleran Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Coull Alasdair $3,600,000 Old Republic Title Company
Mcdonough Richard T -- Old Republic Title Company
Mcdonough Richard T $1,950,000 Old Republic Title Company
Mcleran Brian E -- First American Title Co
Mcleran Brian -- First American Title Co
Mcleran Brian E -- Accommodation
Mcleran Brian -- Old Republic Title Company
Mcleran Brian E -- First American Title Co
Mcleran Brian E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coull Alasdair $1,800,000
Previous Owner Mcdonough Richard T $950,000
Previous Owner Mcleran Brian $350,000
Previous Owner Mcleran Brian $1,868,750
Previous Owner Mcleran Brian E $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $3,600,000 0.0% $1,016 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $3,600,000 -- $1,016 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $46,489 $3,765,668 $2,228,520 $1,537,148
2024 $44,908 $3,691,859 $2,184,840 $1,507,019
2023 $44,033 $3,619,470 $2,142,000 $1,477,470
2022 $43,650 $3,548,500 $2,100,000 $1,448,500
2021 $31,087 $2,439,599 $1,308,263 $1,131,336
2020 $31,000 $2,414,594 $1,294,854 $1,119,740
2019 $29,712 $2,367,265 $1,269,473 $1,097,792
2018 $29,201 $2,320,858 $1,244,587 $1,076,271
2017 $28,670 $2,275,353 $1,220,184 $1,055,169
2016 $27,412 $2,230,748 $1,196,264 $1,034,484
2015 $25,503 $2,042,250 $1,178,301 $863,949
2014 $23,508 $1,928,716 $1,155,221 $773,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321032715

Bay Area Real Estate Information Services (BAREIS)

APN: 021-223-47