NOT LISTED FOR SALE

480 Montecito Ave Corte Madera, CA 94925

Estimated Value: $2,800,000 - $3,126,000

4 Beds
2.5 Baths
2,318 Sq Ft
$1,297/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $2,150,000 $928 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $17,904/month

21 Days on Market

Highlights

  • Home Theater
  • 0.62 Acre Lot
  • Wood Flooring
  • Neil Cummins Elementary School Rated A
  • View of Hills
  • Great Room

About This Home

As of October 2019

This spacious one story home has everything today's buyers want -- four bedrooms and 2.5 bathrooms in an open floor plan that connects to a lovely private patio through sliding glass doors. It's perfect for entertaining and just having fun! Large windows insure great light, and gleaming, newly refinished hardwood floors brighten it throughout. All four bedrooms are in one wing. A separate family room with contemporary barn doors keeps sound in. Updated chef's kitchen has an eat-in area, and beyond that, a sound-proof music room, an outdoor hobby and storage shed, raised vegetable beds, gorgeous landscaping, all on a roomy nearly 2/3 acre lot with lots of level outdoor space.

Last Agent to Sell the Property

Robert Ravasio

Coldwell Banker Realty License #01495983 Listed on: 09/03/2019

Coldwell Banker Realty

Co-Listed By

Pat & Bob Ravasio

Coldwell Banker Realty License #01394550

Last Buyer's Agent

Jerry Piro

Inactive Office License #00521674

Inactive Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.62 Acre Lot
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 3 Open Parking Spaces

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Concrete Foundation
  • Frame Construction
  • Composition Roof
  • Redwood Siding

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room
  • Family or Dining Combination
  • Home Theater
  • Workshop
  • Storage Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 025-192-27

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.62 Acres

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: 101 North to Tamalpais Dr exit, left on Montecito.
  • Lot Size Acres: 0.6237
  • Stories: 1
  • ArchitecturalStyle: Ranch
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Bedrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Family Combo
  • Living Room Features: Great Room
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 927.52
  • Square Footage: 2318
  • Bathrooms: 3.00
  • Room Type: Media Room, Storage, Workshop
  • Main Level: BATH, Bedroom(s), Family Room, Kitchen, Living Room, Master Bedroom, Street Entrance

Exterior Features

  • Construction Materials: Frame, Redwood Siding, Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Full, Wood
  • OtherStructures: Storage, Workshop
  • Pool: No
  • Spa: No
  • View: Garden/Greenbelt, Hills

Garage/Parking

  • Parking Features: UNCV
  • OpenParkingSpaces: 3
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Electric, All Public, Cable Available, Dish Antenna, DSL Available, Natural Gas Connected, PGEE, Cable Connected
  • Water Source: Public, Water District
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 025-192-27
  • Lot Size Sq Ft: 27168

Building Info

  • Year Built: 1948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Miles Kirk M and Miles Rachel L
Bought by
Miles Kirk and Miles Rachel
Current Estimated Value
$3,007,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,677,495
Outstanding Balance
$1,522,067
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,485,410

Purchase Details

Closed on
Jan 22, 2020
Sold by
Miles Kirk and Miles Rachel L
Bought by
Miles Kirk and Miles Rachel

Purchase Details

Listed on
Sep 3, 2019
Closed on
Aug 2, 2019
Sold by
Campagne William David and Campagne Susan E
Bought by
Miles Kirk and Miles Rachel L
Seller's Agent
Robert Ravasio
Coldwell Banker Realty
Buyer's Agent
Jerry Piro
Inactive Office
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,720,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Campagne David and Campagne Susan E
Bought by
Campagne William David and Campagne Susan E

Purchase Details

Closed on
May 8, 1995
Sold by
Thomas Richard M and Thomas Joan M
Bought by
Campagne David and Campagne Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
8.47%
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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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
Miles Kirk -- Mortgage Connect Lp
Miles Kirk M -- Mortgage Connect Lp
Miles Kirk -- None Available
Miles Kirk $2,150,000 Old Republic Title Company
Campagne William David -- None Available
Campagne David $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Kirk M $1,677,495
Previous Owner Miles Kirk $1,720,000
Previous Owner Campagne David $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $2,150,000 0.0% $928 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $2,150,000 -- $928 / 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 $29,484 $2,349,117 $1,421,719 $927,398
2024 $28,303 $2,303,064 $1,393,847 $909,217
2023 $27,533 $2,257,913 $1,366,521 $891,392
2022 $27,324 $2,213,642 $1,339,728 $873,914
2021 $26,878 $2,170,253 $1,313,468 $856,785
2020 $26,877 $2,148,000 $1,300,000 $848,000
2019 $11,379 $820,573 $331,240 $489,333
2018 $11,071 $804,485 $324,746 $479,739
2017 $10,976 $788,712 $318,379 $470,333
2016 $10,528 $773,251 $312,138 $461,113
2015 $10,361 $761,637 $307,450 $454,187
2014 $9,910 $746,720 $301,428 $445,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21922934

Bay Area Real Estate Information Services (BAREIS)

APN: 025-192-27

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