NOT LISTED FOR SALE

50 Edgemont Way Inverness, CA 94937

Estimated Value: $3,174,000 - $3,831,260

3 Beds
3 Baths
3,450 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $3,800,000 $1,101 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $22,908/month

14 Days on Market

Highlights

  • Guest House
  • Sitting Area In Primary Bedroom
  • Private Lot
  • Bay View
  • Wood Burning Stove
  • 4-minute walk to Martinelli Park / Point Reyes Shipwrecks

About This Home

As of December 2021

Rare opportunity to own one of the premier properties in Old Inverness. Nestled on one of the largest lots on the bluff, with sun-drenched gardens, meandering pathways, and surprising privacy, this wood-shingled craftsman home has been lovingly updated over the years, carefully maintaining its Inverness charm. The views of Tomales Bay and beyond are simply breathtaking. The stunning main suite, with 14' beam ceilings, walls of windows, French doors, and two decks, is a one-of-a-kind space for enjoying some of the best views in Inverness. The handsome library/office is impressively detailed and looks out on the garden. There is also a charming guest cottage, as well as a detached 2-car garage and workshop.

Last Listed By

Joseph Soule

Inactive Office License #01037442 Listed on: 11/10/2021

Inactive Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,854

Year Built

  • 1897

Lot Details

  • 0.58 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Private Lot
  • Garden

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Workshop in Garage
  • Front Facing Garage

Property Views

  • Bay
  • Panoramic
  • Mountain
  • Hills

Home Design

  • Split Level Home

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Sunken Shower or Bathtub
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Front Porch

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Propane
  • Propane
  • Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 112-255-06

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,854

Year Built

1897

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Sir Francis Drake Blvd to Inverness Way North. Right on Hawthornden Way, which turns into Edgemont Way. Property is on the right.
  • Lot Size Acres: 0.5841
  • Stories: 2
  • Levels: Multi/Split
  • Year Built Details: Unknown
  • Special Features: None
  • Year Built (Public Record): 1897

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks, Shower Stall(s), Skylight/Solar Tube, Tile
  • Master Bedroom Features: Balcony, Outside Access, Sitting Area
  • Full Bathrooms: 3
  • Dining Room Features: Formal Room
  • Living Room Features: Deck Attached, View
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 1101.45
  • Square Footage: 3450.00
  • Bathroom Features: Outside Access, Sunken Tub, Tub w/Shower Over
  • Bathrooms: 3
  • Fireplace Features: Living Room, Wood Stove
  • Lower Level: Bedroom(s), Full Bath(s)
  • Main Level: Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Garden, Landscape Front, Landscape Misc, Private
  • Fencing: Fenced, Full
  • OtherStructures: Guest House
  • Patio And Porch Features: Front Porch, Uncovered Deck
  • View: Bay, Hills, Mountains, Panoramic, Water

Garage/Parking

  • Parking Features: Enclosed, Garage Facing Front, Workshop in Garage
  • Total Parking Spaces: 3.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Septic System
  • Utilities: Cable Available, Internet Available, Propane Tank Leased
  • Water Source: Water District
  • Heating: Central, Propane, Wood Stove
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Schools

  • School District: Marin
  • Elementary School: Shoreline Unified
  • Middle School: Shoreline Unified
  • High School: Shoreline Unified
  • Middle/Junior School District: Shoreline Unified

Lot Info

  • Assessor Parcel Number: 112-255-06
  • Lot Size Sq Ft: 25443.00

MLS Schools

  • Senior High School District: Shoreline Unified
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 16, 2021
Sold by
Howard Martha and Kroninger Trust
Bought by
Kavanaugh Robert and Kavanaugh Laura
Seller's Agent
Joseph Soule
Inactive Office
Buyer's Agent
Rick Trono
Compass
List Price
$3,250,000
Sold Price
$3,800,000
Premium/Discount to List
$550,000
16.92%
Total Days on Market
14
Current Estimated Value
$3,456,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$343,935
Avg. Annual Appreciation
-0.53%
Original Mortgage
$2,470,000
Outstanding Balance
$2,308,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,423,545

Purchase Details

Closed on
Oct 14, 2015
Sold by
Howard Martha
Bought by
Howard Martha

Purchase Details

Closed on
Jan 11, 1996
Sold by
Kroninger Robert H
Bought by
Kroninger Robert H

Range of Values:

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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
Kavanaugh Robert $3,800,000 Cal Land Title Company
Howard Martha -- None Available
Kroninger Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavanaugh Robert $2,470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $3,800,000 +16.9% $1,101 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $3,250,000 -- $942 / 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
2024 $43,854 $3,953,520 $2,601,000 $1,352,520
2023 $42,716 $3,876,000 $2,550,000 $1,326,000
2022 $42,261 $3,800,000 $2,500,000 $1,300,000
2021 $7,188 $593,343 $191,401 $401,942
2020 $7,185 $587,245 $189,432 $397,813
2019 $6,922 $575,732 $185,718 $390,014
2018 $6,783 $564,444 $182,077 $382,367
2017 $6,617 $553,378 $178,507 $374,871
2016 $6,405 $542,528 $175,007 $367,521
2015 $6,321 $534,380 $172,379 $362,001
2014 $6,079 $523,913 $169,002 $354,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321105008

Bay Area Real Estate Information Services (BAREIS)

APN: 112-255-06