NOT LISTED FOR SALE

485 Montecito Ave Corte Madera, CA 94925

Estimated Value: $2,458,000 - $2,739,000

4 Beds
2 Baths
1,788 Sq Ft
$1,452/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $2,555,555 $1,429 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,327/month

7 Days on Market

Highlights

  • Midcentury Modern Architecture
  • View of Hills
  • Main Floor Bedroom
  • Neil Cummins Elementary School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of April 2022

Located on Montecito Avenue, a hidden gem w/ sweeping views of tree groves, easy access to Corte Madera Town Square & downtown Larkspur, & multiple upgrades throughout, this home has the long awaited wow factor! The flow between the front deck, living room, dining room, kitchen, & backyard exemplifies the indoor/outdoor lifestyle. The kitchen features quartz counters, Heath tile backsplash, & stainless steel appliances. French doors open directly onto the Cle tile patio & into the stunning backyard. Follow the hardwood floors down the hallway to find 3 bedrooms & a bathroom. One bedroom is outfitted as a home office w/ a custom desk. The bathroom has a laundry chute to the laundry room. The lower level has a large 4th bedroom w/ built-in desk. This flexible space could be used as a primary suite, guest space, or family room. The bedroom opens into the remodeled laundry room & bathroom. Complete w/ AC & Air Scrubber, new sewer line, tankless water heater, & more!

Last Agent to Sell the Property

Kristin Rolph

Inactive Office License #01996344 Listed on: 03/02/2022

Inactive Office

Last Buyer's Agent

Faber Real Estate Team

Compass License #01913767

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces

Property Views

  • Hills
  • Forest

Home Design

  • Midcentury Modern Architecture
  • Side-by-Side
  • Tar and Gravel Roof

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 025-191-07

Home Details

Home Type

Single Family

Year Built

Built in 1953 | 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: Turn onto Montecito from Tamalpais Drive (go through the Menke Park parking lot). There is a cul-de-sac at the top of Montecito to turn around. Please avoid using the driveway or neighbor's driveways to turn around.
  • Lot Size Acres: 0.2882
  • Stories: 2
  • Levels: Two
  • ArchitecturalStyle: Mid-Century
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Built-In Gas Oven, Built-In Gas Range, Dishwasher, Free Standing Refrigerator, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Living Room Features: Open Beam Ceiling, View
  • Flooring: Tile, Wood
  • Price Per Square Foot: 1429.28
  • Square Footage: 1788.00
  • Bathrooms: 2
  • Fireplace Features: Living Room
  • Kitchen Features: Quartz Counter
  • Lower Level: Bedroom(s), Full Bath(s), Garage
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End
  • Property Condition: Updated/Remodeled
  • Roof: Tar/Gravel
  • View: Forest, Hills

Garage/Parking

  • Parking Features: Attached, Interior Access, Side-by-Side
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Ground Floor, Washer Included

Lot Info

  • Assessor Parcel Number: 025-191-07
  • Lot Size Sq Ft: 12554.00

Building Info

  • Year Built: 1953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 1, 2022
Sold by
Rolph Kristin and Rolph Nicholas
Bought by
Morin Garett Jonathan and Cloutier Kathleen Marie
Seller's Agent
Kristin Rolph
Inactive Office
Buyer's Agent
Faber Real Estate Team
Compass
List Price
$1,749,000
Sold Price
$2,555,555
Premium/Discount to List
$806,555
46.12%
Current Estimated Value
$2,595,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,075
Avg. Annual Appreciation
0.42%
Original Mortgage
$2,294,745
Outstanding Balance
$2,104,478
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$491,152

Purchase Details

Closed on
Sep 27, 2019
Sold by
Rolph Nicholas Michael and Rolph Kristin
Bought by
Rolph Nicholas Michael and Rolph Kristin

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 18, 2019
Sold by
Olson David H and Tammekivi Raisa
Bought by
Rolph Nicholas and Rolph Kristin
Seller's Agent
Shana Rohde-Lynch
Compass
List Price
$1,220,000
Sold Price
$1,220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$976,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2017
Sold by
Tammekivi Raisa and Olson David H
Bought by
Connell Anne C

Purchase Details

Closed on
Mar 26, 2001
Sold by
Connell William B
Bought by
Connell Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
7.06%
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
Morin Garett Jonathan $2,556,000 Fidelity National Title
Rolph Nicholas Michael -- None Available
Rolph Nicholas $1,220,000 Old Republic Title Company
Connell Anne C -- None Available
Connell Anne C -- California Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morin Garett Jonathan $2,294,745
Previous Owner Rolph Nicholas $976,000
Previous Owner Connell Anne C $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $2,555,555 +46.1% $1,429 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $1,749,000 +43.4% $978 / Sq Ft
03/26/2019 03/26/19 Sold $1,220,000 0.0% $682 / Sq Ft View Prior Sale
03/14/2019 03/14/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $1,220,000 -- $682 / 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 $32,254 $2,711,954 $1,591,800 $1,120,154
2024 $32,254 $2,658,799 $1,560,600 $1,098,199
2023 $31,413 $2,606,666 $1,530,000 $1,076,666
2022 $17,056 $1,303,800 $867,215 $436,585
2021 $16,768 $1,278,237 $850,212 $428,025
2020 $16,489 $1,242,870 $841,500 $401,370
2019 $11,213 $798,791 $513,146 $285,645
2018 $6,044 $365,281 $123,817 $241,464
2017 $6,030 $358,118 $121,389 $236,729
2016 $5,797 $351,098 $119,009 $232,089
2015 $5,601 $345,826 $117,222 $228,604
2014 $5,365 $339,052 $114,926 $224,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322015527

Bay Area Real Estate Information Services (BAREIS)

APN: 025-191-07