NOT LISTED FOR SALE

408 Summit Dr Corte Madera, CA 94925

Estimated Value: $1,655,000 - $1,807,375

2 Beds
2 Baths
2,031 Sq Ft
$855/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $1,375,000 $677 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,169/month

5 Days on Market

Highlights

  • Water Views
  • Wine Cellar
  • Home Office
  • Neil Cummins Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of August 2020

This serene Christmas Tree Hill house is an outdoor enthusiast's dream come true. Just a few steps away from the Blithedale Summit trailhead, accessing world-class hiking and biking trails to Mount Tam and beyond. With over 2000 sq ft of living space, this home has 2 beds and 2 baths, a study, laundry room, dark room, storage room, sauna, water views and wine cellar! Other features include custom dual tilt and open windows, reclaimed oak barn flooring, an enormous walk-in shower, numerous skylights, several decks, 3 parking spaces, and views as far as Mt. Diablo on a clear day. All just a short distance from the freeway, downtown Larkspur, top-rated schools, and some of Marin's premier shopping areas.

Last Agent to Sell the Property

Keith Offord

Ross Valley Real Estate License #02063934 Listed on: 07/15/2020

Co-Listed By

Lauren Hamblet

Coldwell Banker Realty License #01324847

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,948

Year Built

  • Built in 1962

Lot Details

  • 7,680

Parking

  • 2 Carport Spaces

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 2,031 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Storage Room
  • Water Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Heating System Uses Gas
  • Natural Gas Connected

Additional Features

  • Shed
  • 7,680 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 025-131-09

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,948

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From Hwy 101 take Tamalpais Dr. past Magnolia. R on Edison. R on Summit. There are several tight turns. Take them wide and slow.
  • Lot Size Acres: 0.1763
  • Stories: 2
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 7
  • Flooring: Tile, Wood
  • Price Per Square Foot: 677.01
  • Square Footage: 2031
  • Bathrooms: 2.00
  • Room Type: Office, Library, Other, Storage, Wine Cellar
  • Lower Level: BATH, Master Bedroom

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Roof: Tar/Gravel
  • OtherStructures: Shed(s)
  • Pool: No
  • Spa: No
  • View: Water

Garage/Parking

  • Carport Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: All Electric, Natural Gas Connected
  • Water Source: Water District
  • Heating: Gas
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 025-131-09
  • Lot Size Sq Ft: 7680

Building Info

  • Year Built: 1962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 10, 2020
Sold by
Immerman Bruce and Immerman 2012 Revocable Living
Bought by
Dudoit Sandrine
Seller's Agent
Keith Offord
Ross Valley Real Estate
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$1,736,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,344
Avg. Annual Appreciation
5.51%
Original Mortgage
$525,000
Outstanding Balance
$468,844
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,328,190

Purchase Details

Closed on
May 11, 2012
Sold by
Immerman Bruce B and Bruce B Immerman Revocable Tru
Bought by
Immerman Bruce and Immerman 2012 Revocable Living

Purchase Details

Closed on
Mar 9, 2001
Sold by
Immerman Bruce B
Bought by
Immerman Bruce B
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
Dudoit Sandrine $1,375,000 Fidelity National Title Co
Immerman Bruce -- None Available
Immerman Bruce B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudoit Sandrine $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $1,375,000 0.0% $677 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,375,000 -- $677 / 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 $18,948 $1,488,327 $920,057 $568,270
2024 $18,948 $1,459,150 $902,020 $557,130
2023 $18,348 $1,430,550 $884,340 $546,210
2022 $18,268 $1,402,500 $867,000 $535,500
2021 $17,962 $1,375,000 $850,000 $525,000
2020 $9,163 $599,090 $285,318 $313,772
2019 $8,759 $587,343 $279,723 $307,620
2018 $8,454 $575,828 $274,239 $301,589
2017 $8,401 $564,538 $268,862 $295,676
2016 $8,065 $553,472 $263,592 $289,880
2015 $7,883 $545,161 $259,633 $285,528
2014 $7,544 $534,483 $254,548 $279,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22016189

Bay Area Real Estate Information Services (BAREIS)

APN: 025-131-09