NOT LISTED FOR SALE

481 Montecito Ave Corte Madera, CA 94925

Estimated Value: $2,409,000 - $2,715,000

3 Beds
3 Baths
2,183 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $2,200,000 $1,008 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,994/month

60 Days on Market

Highlights

  • 0.57 Acre Lot
  • Deck
  • Traditional Architecture
  • Neil Cummins Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • Cathedral Ceiling

About This Home

As of July 2023

Custom built in 2018, this shingled beauty consists of a 2-bedroon, 2-bath home on over a half an acre of land with a legal 1-bedroom, 1-bath ADU with full kitchen and laundry. The main home is 1,655 sq ft w/529 sq ft ADU totaling 2,183. Tile floors throughout all main living spaces. Vaulted ceilings with lots of natural light. Beautiful, open kitchen w/ high-end appliances & a large pantry. Open concept kitchen/LR/DR. Primary suite with walk in closet, serene bath & private patio. The guest bedroom connects to its own bath and could double as an office with built-in cabinets. Plenty of space allows for another primary bedroom to be added as a second story. Two-car garage with a rotating car pad for easy exit down the driveway. A wonderful, spacious deck separate the 2 homes for ease of entertaining.

Last Agent to Sell the Property

Missy Zech Stacy Achuck

Compass License #01921671 Listed on: 04/24/2023

Compass

Last Buyer's Agent

Bill Smith Ann Aylwin

Compass License #01229913

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • 0.57 Acre Lot
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,183 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Free-Standing Gas Oven
  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025-191-04

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Open Beam Ceiling
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Tamalpais to Montecito Ave. Please park on street. No sign at the property.
  • Lot Size Acres: 0.5657
  • Stories: 1
  • Levels: One
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Disposal, Free Standing Electric Range, Free Standing Gas Oven, Free Standing Refrigerator, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks, Shower Stall(s), Soaking Tub
  • Master Bedroom Features: Walk-In Closet
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Cathedral/Vaulted
  • Flooring: Tile
  • Price Per Square Foot: 1007.79
  • Square Footage: 2183.00
  • Bathrooms: 3
  • Fireplace Features: Family Room, Gas Starter
  • Kitchen Features: Breakfast Area, Island, Kitchen/Family Combo, Pantry Closet, Stone Counter
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Lot Features: Landscape Front
  • Property Condition: Updated/Remodeled
  • Patio And Porch Features: Uncovered Deck

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central, Wall Unit(s)
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Schools

  • Middle/Junior School District: Tamalpais Union

Lot Info

  • Assessor Parcel Number: 025-191-04
  • Lot Size Sq Ft: 24642.00

Building Info

  • Year Built: 2018

Multi Family

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

MLS Schools

  • Senior High School District: Larkspur-Corte Madera
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 26, 2023
Sold by
Archer Derek M and Archer Roxann M
Bought by
Robin R Rice Surviving Trustors Trust and Rice
Seller's Agent
Missy Zech Stacy Achuck
Compass
Buyer's Agent
Bill Smith Ann Aylwin
Compass
List Price
$2,390,000
Sold Price
$2,200,000
Premium/Discount to List
-$190,000
-7.95%
Views
146
Current Estimated Value
$2,616,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,367
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Shapiro Matthew A
Bought by
Archer Derek M and Archer Roxann M

Purchase Details

Closed on
Oct 10, 1998
Sold by
Irrevoc Shapiro and Irrevoc Mitchell D
Bought by
Shapiro Matthew A
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
Robin R Rice Surviving Trustors Trust $2,200,000 Fidelity National Title Compan
Archer Derek M $195,000 Old Republic Title Company
Shapiro Matthew A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $2,200,000 -7.9% $1,008 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $2,390,000 -- $1,095 / 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 $29,371 $2,244,000 $1,326,000 $918,000
2024 $28,017 $2,200,000 $1,300,000 $900,000
2023 $17,877 $1,332,571 $311,210 $1,021,361
2022 $16,760 $1,220,603 $305,109 $915,494
2021 $15,418 $1,197,103 $299,127 $897,976
2020 $15,396 $1,185,062 $296,062 $889,000
2019 $14,548 $1,140,258 $290,258 $850,000
2018 $13,301 $1,036,038 $286,038 $750,000
2017 $9,099 $676,900 $281,900 $395,000
2016 $5,110 $342,844 $252,844 $90,000
2015 $4,401 $292,798 $215,798 $77,000
2014 $3,174 $195,885 $195,885 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323023601

Bay Area Real Estate Information Services (BAREIS)

APN: 025-191-04