NOT LISTED FOR SALE

481 Montecito Ave Corte Madera, CA 94925

Estimated Value: $2,297,000 - $2,873,000

0.57 Acre
$4,607,203 Price per Acre
24,655 Sq Ft Lot

Last Sold September 28, 2012

Last sale price $195,000 $8 Per Sq Ft

Est. 1,237% increase in value since last sale

Current estimated payment $15,998/month

15 Days on Market

Highlights

  • 0.57 Acre Lot
  • View of Hills
  • Property is near public transit
  • Neil Cummins Elementary School Rated A

About This Lot

As of September 2012

Two blocks to Old Town Gazebo and shops, over half acre, recently cleared and ready for design of your own home. Print out parcel map and drive by, fairly easy to figure out the lot dimensions. Title company prelim indicates a home could be accessed from above due to easement. See natural grade in middle of lot that could also be a mid-property driveway, or build an upslope off Montecito. Gentle slope with two small level pads.

Last Agent to Sell the Property

Ted Strodder

Golden Gate Sotheby's License #01057081 Listed on: 08/31/2012

Golden Gate Sotheby's

Last Buyer's Agent

Kathleen Murphy

Berkshire Hathaway License #00952533

Berkshire Hathaway

Property Details

Property Type

  • Land

Lot Details

  • 0.57

Additional Features

  • Views of Hills
  • 0.57 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 025-191-04

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Lot
  • Directions To Property: Tamalpais, left on Montecito (towards gazebo), near end. Look for my sign.
  • Lot Size Acres: 0.5660
  • Road Frontage Type: City Street
  • Sale Lease Rent: Sale
  • Special Features: None

Exterior Features

  • Lot Features: Public Trans Nearby
  • Fencing: None
  • View: Hills

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 025-191-04
  • Lot Size Sq Ft: 24655.00
  • Price Per Acre: 344522.97
  • CurrentUse: Residential
  • DevelopmentStatus: Raw Land
  • NumberOfLots: 1
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Sep 20, 2012
Sold by
Shapiro Matthew A
Bought by
Archer Derek M and Archer Roxann M
Seller's Agent
Ted Strodder
Golden Gate Sotheby's
Buyer's Agent
Kathleen Murphy
Berkshire Hathaway
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$2,607,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,412,677
Avg. Annual Appreciation
21.62%

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
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
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
09/28/2012 09/28/12 Sold $195,000 0.0% $8 / Sq Ft
09/15/2012 09/15/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $195,000 -- $8 / 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 $28,017 $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

  • Ted Strodder

    Seller's Agent in 2012

    Ted Strodder

    Golden Gate Sotheby's

    (415) 461-7200

    2 in this area

    59 Total Sales

    Ted Strodder
    Section Image

  • K

    Buyer's Agent in 2012

    Kathleen Murphy

    Berkshire Hathaway

    (510) 366-3445

    34 Total Sales

    Kathleen Murphy
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21220647

Bay Area Real Estate Information Services (BAREIS)

APN: 025-191-04

California Marin County Corte Madera 94925

481 Montecito Ave, Corte Madera, CA

Not Listed for Sale

Lots

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