NOT LISTED FOR SALE

40 Locust Ave Unit 5 Larkspur, CA 94939

Estimated Value: $874,000 - $1,323,000

3 Beds
1.5 Baths
1,216 Sq Ft
2,100 Sq Ft Lot

Last Sold January 17, 2024

Last sale price $1,225,000 $1,007 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,065/month

61 Days on Market

Highlights

  • Private Lot
  • Living Room with Attached Deck
  • Granite Countertops
  • Neil Cummins Elementary School Rated A
  • Ground Level Unit
  • Breakfast Area or Nook

About This Home

As of January 2024

Welcome to this fully renovated 3 bed / 1.5 bath condo, nestled in the heart of downtown Larkspur. Boasting a prime location just a block away from the historic downtown area, residents will find themselves immersed in a vibrant community brimming with delectable restaurants, charming boutique shops, and top tier coffee shops. Step inside to discover a thoughtfully designed interior, showcasing new flooring throughout, an updated kitchen featuring sleek stainless-steel appliances, a wood-burning fireplace, and additional amenities. The spacious bedrooms provide ample room for relaxation, while the fully renovated bathrooms offer a touch of luxury. Enjoy the best of indoor-outdoor living with a private outdoor space, perfect for unwinding after a busy day or hosting intimate gatherings with friends and family. For nature enthusiasts, the proximity to hiking and biking trails presents an ideal opportunity to explore the natural beauty that surrounds the community. Additionally, families will appreciate the convenience of being situated near highly rated K-12 schools. Don't miss the chance to make this downtown Larkspur condo your new home!

Last Agent to Sell the Property

Lotte & Sarah Toftdahl Kowalczyk

Compass License #01744042 Listed on: 11/10/2023

Compass

Last Buyer's Agent

Alex Sobieski

Redfin License #01993164

Redfin

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Wood Fence
  • Back Yard Fenced
  • Low Maintenance Yard

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Storage
  • Laminate Flooring

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Bathroom on Main Level
  • Bathtub and Shower Combination in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Closet In Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Gravel Driveway
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Rear Porch

Location

  • Ground Level Unit

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common areas, insurance on structure, maintenance exterior, ground maintenance, management, roof, sewer, trash, water
  • 6 Units
  • 40 Locust Avenue HOA, Phone Number (415) 609-6840

Listing and Financial Details

  • Assessor Parcel Number 020-180-05

Property Details

Home Type

Condominium

Year Built

Built in 1974 | Remodeled

Lot Details

2,100 Sq Ft Lot

HOA Fees

$450 per month

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Directions To Property: West on Tamalais Drive, right onto Corte Madera Ave, Corte Madera Ave turns into Magnolia Ave, left onto King St, right onto Locust Ave, property is on your right.
  • Lot Size Acres: 0.0482
  • Stories: 2
  • Levels: Two
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Tub, Tub w/Shower Over
  • Master Bedroom Features: Closet
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Deck Attached
  • Flooring: Laminate
  • Price Per Square Foot: 1007.40
  • Square Footage: 1216.00
  • Bathroom Features: Closet
  • Bathrooms: 2
  • Fireplace Features: Brick, Dining Room, Family Room, Wood Burning
  • Kitchen Features: Breakfast Area, Granite Counter
  • Lower Level: Dining Room, Family Room, Kitchen, Living Room, Partial Bath(s), Street Entrance
  • Main Level: Dining Room, Family Room, Kitchen, Living Room, Partial Bath(s), Street Entrance

Exterior Features

  • Lot Features: Landscape Misc, Low Maintenance, Private
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Balcony
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Back Porch

Garage/Parking

  • Parking Features: Assigned, Covered, Detached, Guest Parking Available
  • Total Parking Spaces: 2.00
  • Carport Spaces: 1.00
  • OpenParkingSpaces: 1.00
  • Driveway/Sidewalks: Gravel, Paved Driveway

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public
  • Water Source: Public
  • Heating: Baseboard, Electric, Fireplace(s)
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included

Association/Amenities

  • Unit: 5
  • Association Features: None

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: 40 Locust Avenue HOA
  • Association Phone: (415) 609-6840
  • Location of Unit: Ground Floor

Fee Information

  • Association Fee Includes: Common Areas, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Roof, Sewer, Trash, Water

Lot Info

  • Assessor Parcel Number: 020-180-05
  • Lot Size Sq Ft: 2100.00

Building Info

  • Year Built: 1974

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 12, 2024
Sold by
Patricia A Souza Revocable Trust
Bought by
Payne Kitty B
Seller's Agent
Lotte & Sarah Toftdahl Kowalczyk
Compass
Buyer's Agent
Alex Sobieski
Redfin
List Price
$1,275,000
Sold Price
$1,225,000
Premium/Discount to List
-$50,000
-3.92%
Views
93
Current Estimated Value
$1,156,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,171
Avg. Annual Appreciation
-2.59%
Original Mortgage
$1,102,500
Outstanding Balance
$1,083,497
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$73,332

Purchase Details

Closed on
Jun 21, 2012
Sold by
Shenkel Lisa M
Bought by
Souza Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Shenkel Lisa M and Souza Patricia A
Bought by
Shenkel Lisa M and Souza Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 26, 2005
Sold by
Shenkel Lisa M
Bought by
Shenkel Lisa M

Purchase Details

Closed on
Oct 14, 2004
Sold by
Shenkel Lisa M
Bought by
Shenkel Lisa M and Souza Patricia A

Purchase Details

Closed on
Feb 12, 2004
Sold by
Cook Shirley G
Bought by
Shenkel Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
2.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2000
Sold by
Cook Shirley G
Bought by
Cook Shirley G
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
Payne Kitty B $1,225,000 First American Title
Souza Patricia A $196,000 Fidelity National Title Co
Shenkel Lisa M -- Accommodation
Shenkel Lisa M -- Old Republic Title Company
Shenkel Lisa M -- --
Shenkel Lisa M -- --
Shenkel Lisa M $512,000 Fidelity National Title Co
Cook Shirley G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Kitty B $1,102,500
Previous Owner Souza Patricia A $392,000
Previous Owner Shenkel Lisa M $411,000
Previous Owner Shenkel Lisa M $384,000
Closed Shenkel Lisa M $25,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $1,225,000 -3.9% $1,007 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $1,275,000 +4.1% $1,049 / Sq Ft
12/18/2023 12/18/23 Off Market $1,225,000 -- --
12/06/2023 12/06/23 Price Changed $1,275,000 -5.6% $1,049 / Sq Ft
11/10/2023 11/10/23 For Sale $1,350,000 -- $1,110 / 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 $17,715 $1,249,500 $612,000 $637,500
2024 $10,146 $588,257 $217,303 $370,954
2023 $9,407 $532,605 $213,042 $319,563
2022 $9,224 $522,165 $208,866 $313,299
2021 $8,990 $511,928 $204,771 $307,157
2020 $8,868 $506,681 $202,672 $304,009
2019 $8,500 $496,750 $198,700 $298,050
2018 $8,033 $487,012 $194,805 $292,207
2017 $7,845 $477,463 $190,985 $286,478
2016 $7,493 $468,103 $187,241 $280,862
2015 $7,253 $461,073 $184,429 $276,644
2014 $6,907 $452,042 $180,817 $271,225
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lotte & Sarah Toftdahl Kowalczyk

    Compass

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323924003

Bay Area Real Estate Information Services (BAREIS)

APN: 020-180-05

California Marin County Larkspur 94939

40 Locust Ave Unit 5, Larkspur, CA

Not Listed for Sale

Condos

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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