NOT LISTED FOR SALE

500 Olima St Sausalito, CA 94965

Estimated Value: $2,024,000 - $2,530,000

4 Beds
2.5 Baths
1,879 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $2,500,000 $1,330 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,043/month

7 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Views of Mount Tamalpais
  • Corner Lot
  • Tamalpais High School Rated A
  • Wood Flooring
  • 2-minute walk to Martin Luther King Jr Park

About This Home

As of July 2024

This newly transformed single-level residence, walking distance to local restaurants and shops, is the epitome of coastal living. This bright and airy home with vaulted ceilings and light wood floors, combined with a large flat yard on a corner lot, feels spacious and open, while maintaining mid-century charm. Meticulous renovations throughout make for modern, chic functionality. The remodeled kitchen boasts high-end appliances, quartz waterfall countertops, and leads into the dining area and sprawling backyard. The second family room, which could be utilized as a fourth bedroom, has direct access to the deck offering spectacular Mt.Tam views. The large primary suite is flooded with sunlight & tranquil views of the outdoors. Plus, a walk-in closet and second bonus closet ensure plenty of storage. The ensuite bathroom has gorgeous dual vanities, an oversized shower, radiant heat & custom lighting. Two additional guest bedrooms overlook the yard & share a full bathroom with a soaking tub and shower. The home features a spacious laundry room, Nest controls, & an EV-ready two-car garage, plus additional driveway and storage space. Combining charm and expansive outdoor space with a bright modern interior, this home is a special property in the highly-coveted Sausalito neighborhood.

Last Agent to Sell the Property

Miles Daly

Compass License #02005107 Listed on: 06/17/2024

Compass

Last Buyer's Agent

Erin Thompson

Compass License #01777525

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 7,501 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Low Maintenance Yard

Parking

  • 2 Car Detached Garage
  • Uncovered Parking

Home Design

  • Midcentury Modern Architecture
  • Composition Roof

Interior Spaces

  • 1,879 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Views of Mount Tamalpais

Kitchen

  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • No Cooling
  • Central Heating
  • 220 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 064-061-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Open Beam Ceiling, Wet Bar
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Coloma - Olima
  • Lot Size Acres: 0.1722
  • Stories: 1
  • Levels: One
  • ArchitecturalStyle: Mid-Century
  • Special Features: None

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Free Standing Refrigerator, Gas Plumbed, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Family Combo
  • Flooring: Tile, Wood
  • Square Footage: 1879.00
  • Bathroom Features: Shower Stall(s), Tub w/Shower Over
  • Bathrooms: 3
  • Family Room Features: Skylight(s)
  • Fireplace Features: Living Room, Wood Burning
  • Kitchen Features: Island, Kitchen/Family Combo, Quartz Counter
  • Room Type: Dining Room, Laundry, Living Room, Primary Bathroom
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom, Partial Bath(s)
  • PrimaryBedroomFeatures: Ground Floor, Walk-In Closet, Walk-In Closet 2+

Exterior Features

  • Lot Features: Corner, Curb(s), Landscape Front, Low Maintenance
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Fencing: Partial, Wood
  • View: Mt Tamalpais

Garage/Parking

  • Parking Features: Covered, Detached, Uncovered Parking Space
  • Total Parking Spaces: 6.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Electric: 220 Volts, 220 Volts in Laundry
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Natural Gas Connected, Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included

Lot Info

  • Assessor Parcel Number: 064-061-07
  • Lot Size Sq Ft: 7501.00

Building Info

  • Year Built: 1960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 5, 2024
Sold by
Mellett Robert and Brady Nessa
Bought by
Sarah C Hellman Revocable Trust and Hellman
Seller's Agent
Miles Daly
Compass
Buyer's Agent
Erin Thompson
Compass
List Price
$2,349,000
Sold Price
$2,500,000
Premium/Discount to List
$151,000
6.43%
Views
25
Current Estimated Value
$2,347,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,153
Avg. Annual Appreciation
-5.36%

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 13, 2024
Sold by
Nathan Chee Yee And Theodora Fong Yee Re
Bought by
Mellett Robert and Brady Nessa
Seller's Agent
Leland Spelman
Coldwell Banker Realty
Buyer's Agent
Miles Daly
Compass
List Price
$1,499,000
Sold Price
$1,425,000
Premium/Discount to List
-$74,000
-4.94%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
449.25%

Purchase Details

Closed on
Jan 8, 2019
Sold by
Fong Yee Theodora and The Nathan Chee Yee And Theodo
Bought by
Yee Theodora Fong and The Survivors Marital Trust

Purchase Details

Closed on
Mar 27, 1998
Sold by
Chee Yee Nathan and Chee Theodora F
Bought by
Yee Nathan Chee and Yee Theodora Fong
Source: Public Records

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
Sarah C Hellman Revocable Trust $2,500,000 Fidelity National Title Compan
Mellett Robert $1,425,000 Fidelity National Title Compan
Yee Theodora Fong -- None Available
Yee Nathan Chee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $2,500,000 +6.4% $1,330 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $2,349,000 +64.8% $1,250 / Sq Ft
03/18/2024 03/18/24 Sold $1,425,000 -1.7% $786 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/03/2024 03/03/24 Price Changed $1,450,000 -3.0% $800 / Sq Ft
03/03/2024 03/03/24 Price Changed $1,495,000 -0.3% $825 / Sq Ft
02/13/2024 02/13/24 For Sale $1,499,000 -- $827 / 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 $4,182 $2,500,000 $1,500,000 $1,000,000
2024 $4,182 $136,054 $43,264 $92,790
2023 $4,196 $133,387 $42,416 $90,971
2022 $4,070 $130,755 $41,572 $89,183
2021 $3,989 $128,192 $40,757 $87,435
2020 $3,890 $126,877 $40,339 $86,538
2019 $3,734 $124,390 $39,548 $84,842
2018 $3,164 $121,951 $38,773 $83,178
2017 $3,090 $119,561 $38,013 $81,548
2016 $2,972 $117,216 $37,267 $79,949
2015 $2,948 $115,456 $36,708 $78,748
2014 $2,819 $113,194 $35,989 $77,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324047250

Bay Area Real Estate Information Services (BAREIS)

APN: 064-061-07