NOT LISTED FOR SALE

479 Montecito Ave Corte Madera, CA 94925

Estimated Value: $3,575,000 - $4,016,000

4 Beds
3 Baths
2,520 Sq Ft
$1,496/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $3,727,000 $1,479 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $23,647/month

4 Days on Market

Highlights

  • 0.5 Acre Lot
  • 1 Fireplace
  • Bathroom on Main Level
  • Neil Cummins Elementary School Rated A
  • Living Room
  • Landscaped

About This Home

As of June 2022

This ultra-hip contemporary residence is perfectly sited on a sun-kissed .5009-acre lot. This single-level dwelling blends industrial and farmhouse vernaculars, featuring a resort-like yard with fabulous detached ADU and office. Completely reimagined, this single level home features modern amenities, warm finishes, timeless quality with breathtaking views. The main house features 3BD, and 2BA, with a modern kitchen combining exquisite high-end finishes, LaCantina doors, high ceilings, and an open floor plan offering exceptional indoor-outdoor flow. Each room opens to multiple outdoor living spaces, showcasing the beautiful scenery. The ADU is entirely designed as an open concept living space. Every square inch is curated for style and functionality. The detached office is an ideal workspace offering views, and convenience. Located just steps-from-the bike path, downtown Corte Madera, Larkspur, hiking trails, and multiple shopping destinations creating a rarely available opportunity.

Last Agent to Sell the Property

Carey Hagglund Condy Team

Compass License #01323032 Listed on: 05/23/2022

Compass

Last Buyer's Agent

Marks Realty Group

Compass License #01447489

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.5 Acre Lot
  • Landscaped

Parking

  • 2 Car Garage

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 025-191-25

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From Highway 101 take Tamalpais Drive exit, Tamalpais turns into Redwood Avenue. From Redwood Avenue turn left on Montecito Drive.
  • Lot Size Acres: 0.5009
  • Stories: 1
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Price Per Square Foot: 1478.97
  • Square Footage: 2520.00
  • Bathrooms: 3
  • Fireplace Features: Other
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Landscape Front

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 2.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, In Kitchen, Washer Included, Washer/Dryer Stacked Included

Lot Info

  • Assessor Parcel Number: 025-191-25
  • Lot Size Sq Ft: 21819.00

Building Info

  • Year Built: 1949

Multi Family

  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 13, 2022
Sold by
Elliott W Grimshaw Living Trust and Grimshaw Elliott W
Bought by
Iftimie Alex and Antal Melissa Carol
Seller's Agent
Carey Hagglund Condy Team
Compass
Buyer's Agent
Marks Realty Group
Compass
List Price
$2,995,000
Sold Price
$3,727,000
Premium/Discount to List
$732,000
24.44%
Current Estimated Value
$3,770,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,618
Avg. Annual Appreciation
0.33%
Original Mortgage
$2,795,250
Outstanding Balance
$2,595,265
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,175,353

Purchase Details

Closed on
May 17, 2018
Sold by
Grimshaw Elliott W
Bought by
Grimshaw Elliott W and Elliott W Grimshaw Living Trus

Purchase Details

Closed on
Oct 5, 2007
Sold by
Moran Theresa M
Bought by
Grimshaw Elliott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2005
Sold by
Johnson Jimmie J and Johnson Jimmy J
Bought by
Johnson Jimmie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2004
Sold by
Johnson Jimmy J and Johnson Jimmie J
Bought by
Johnson Jimmy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving
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
Iftimie Alex $3,727,000 First American Title
Grimshaw Elliott W -- None Available
Grimshaw Elliott W $775,000 First American Title Company
Johnson Jimmie J -- California Land Title Marin
Johnson Jimmy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iftimie Alex $2,795,250
Previous Owner Grimshaw Elliott W $77,500
Previous Owner Grimshaw Elliott W $620,000
Previous Owner Johnson Jimmie J $125,000
Previous Owner Johnson Jimmy J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $3,727,000 +24.4% $1,479 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $2,995,000 -- $1,188 / 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 $46,687 $3,955,092 $2,387,700 $1,567,392
2024 $46,687 $3,877,570 $2,340,900 $1,536,670
2023 $45,398 $3,801,540 $2,295,000 $1,506,540
2022 $20,886 $1,570,355 $764,056 $806,299
2021 $20,550 $1,539,573 $749,080 $790,493
2020 $20,534 $1,523,793 $741,401 $782,392
2019 $19,715 $1,493,923 $726,870 $767,053
2018 $19,400 $1,464,634 $712,621 $752,013
2017 $18,452 $1,372,096 $699,043 $673,053
2016 $16,979 $1,279,900 $685,730 $594,170
2015 $15,145 $1,111,988 $655,733 $456,255
2014 $12,493 $915,897 $614,075 $301,822
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carey Hagglund Condy Team

    Compass

    Section Image
  • Marks Realty Group

    Buyer's Agent in 2022

    Marks Realty Group

    Compass

    (415) 307-0505

    15 in this area

    265 Total Sales

    Marks Realty Group
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322048336

Bay Area Real Estate Information Services (BAREIS)

APN: 025-191-25

California Marin County Corte Madera 94925

479 Montecito Ave, Corte Madera, CA

Not Listed for Sale

Detached

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