NOT LISTED FOR SALE

50 Lower Terrace N Tiburon, CA 94920

Estimated Value: $2,989,000 - $3,738,853

5 Beds
4.5 Baths
2,576 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $2,250,000 $873 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $20,050/month

40 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • Main Floor Bedroom
  • Bel Aire Elementary School Rated A
  • Wood Flooring
  • Living Room with Attached Deck

About This Home

As of April 2019

Located on a private & quiet street in the coveted Reedlands neighborhood. 5BD/4.5BA (per tax records) features an open floorplan w/ a remodeled kitchen, dining area & a large living room w/vaulted ceilings that opens to a fabulous deck w/ views of the Bay! Family room on lower level leads to a patio/lawn area for a seamless indoor/outdoor flow. Short distance from downtown Tiburon shops, restaurants & ferries. Award winning schools.

Last Agent to Sell the Property

Sally Williamson

Compass License #00628777 Listed on: 03/01/2019

Compass

Last Buyer's Agent

Patricia Carapiet

Compass License #00895957

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,215

Year Built

  • Built in 1961

Lot Details

  • 0.48

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Attached Deck
  • Formal Dining Room

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • 0.48 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 034-305-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,215

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Tib Blvd to Reed Ranch Road, right East Terrace, left North Terrace, right on Lower North Terrace
  • Lot Size Acres: 0.4752
  • Stories: 2
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Hood Over Range, FREZ, GSRG, REFA
  • Bedrooms: 5
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Dining Room Features: Formal Area
  • Living Room Features: Deck Attached
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 873.45
  • Square Footage: 2576
  • Bathrooms: 5.00
  • Kitchen Features: RMDL
  • Lower Level: BATH, Bedroom(s), Family Room
  • Main Level: BATH, Bedroom(s), Dining Room, Kitchen, Living Room, Street Entrance

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Pool: No
  • Spa: No
  • View: Bay, City, Mountains, Water

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public, PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 034-305-05
  • Lot Size Sq Ft: 20700

Building Info

  • Year Built: 1961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 18, 2019
Sold by
Vargas Juan Camilo
Bought by
Matoba Marc and Matoba Marlowe
Seller's Agent
Sally Williamson
Compass
Buyer's Agent
Patricia Carapiet
Compass
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$3,306,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,056,213
Avg. Annual Appreciation
6.19%
Original Mortgage
$800,000
Outstanding Balance
$706,204
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,598,265

Purchase Details

Closed on
Jan 7, 2006
Sold by
Vargas Juan Camilo and Maleki Salbi Mandana
Bought by
Vargas Juan Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Vargas H L
Bought by
Vargas H L and Vargas Juan Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Matoba Marc $2,250,000 Old Republic Title Company
Vargas Juan Camilo -- None Available
Vargas H L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Matoba Revocable Trust $234,127
Open Matoba Marc $800,000
Previous Owner Vargas Juan Camilo $1,285,000
Previous Owner Vargas Juan Camilo $625,000
Previous Owner Vargas Camilo $100,000
Previous Owner Vargas Juan Camilo $800,000
Previous Owner Vargas Luis H $245,000
Previous Owner Vargas H L $485,000
Previous Owner Vargas H L $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $2,250,000 0.0% $873 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,250,000 -- $873 / 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 $29,215 $2,504,185 $1,478,037 $1,026,148
2024 $29,215 $2,455,089 $1,449,059 $1,006,030
2023 $28,788 $2,406,958 $1,420,651 $986,307
2022 $28,432 $2,359,771 $1,392,800 $966,971
2021 $28,012 $2,313,504 $1,365,492 $948,012
2020 $27,775 $2,289,798 $1,351,500 $938,298
2019 $9,787 $682,218 $227,142 $455,076
2018 $9,154 $668,843 $222,688 $446,155
2017 $8,887 $655,729 $218,322 $437,407
2016 $8,402 $642,873 $214,041 $428,832
2015 $8,261 $633,219 $210,827 $422,392
2014 $7,982 $620,817 $206,698 $414,119
Source: Public Records

Agents Affiliated with this Home

  • Sally Williamson

    Seller's Agent in 2019

    Sally Williamson

    Compass

    (415) 789-8686

    15 in this area

    31 Total Sales

    Sally Williamson
    Section Image
  • Patricia Carapiet

    Buyer's Agent in 2019

    Patricia Carapiet

    Compass

    (415) 990-9125

    2 in this area

    6 Total Sales

    Patricia Carapiet
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21904328

Bay Area Real Estate Information Services (BAREIS)

APN: 034-305-05

California Marin County Tiburon 94920

50 Lower Terrace N, Tiburon, CA

This home is located at 50 Lower Terrace N, Tiburon, CA 94920 since 01 March 2019 and is currently estimated at $3,306,213, approximately $1,283 per square foot. This property was built in 1961. 50 Lower Terrace N is a home located in Marin County with nearby schools including Bel Aire Elementary School, Reed Elementary School, and Del Mar Middle School.

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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