NOT LISTED FOR SALE

507 Pineo Ave Mill Valley, CA 94941

Tamalpais Valley Neighborhood

Estimated Value: $1,439,000 - $1,763,000

4 Beds
3 Baths
1,726 Sq Ft
$937/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,375,000 $797 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,365/month

49 Days on Market

Highlights

  • Private Lot
  • Cottage
  • 1 Car Detached Garage
  • Mill Valley Middle School Rated A
  • Enclosed Parking
  • Front Porch

About This Home

As of September 2024

A great opportunity to own a charming starter home in a desirable Mill Valley neighborhood. The property consists of a main house with three bedrooms and two baths and a detached one bedroom, one bath second unit. The home is an ideal property for those seeking upside potential. The one-story main house sits on a large level lot and includes a front porch, a one-car garage, a large storage/workspace area under the house, and front and back yards. In the flats of Tam Valley, the location offers easy access to hiking and biking trails, all the amenities of nearby Tam Junction shops and restaurants, award-winning schools and easy access to the freeway and San Francisco.

Last Agent to Sell the Property

Jim King

Compass License #00902578 Listed on: 07/16/2024

Compass

Last Buyer's Agent

Chris Schaub

Coldwell Banker Realty License #02064681

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 8,799 Sq Ft Lot
  • Fenced
  • Private Lot

Parking

  • 1 Car Detached Garage
  • Enclosed Parking
  • Front Facing Garage

Home Design

  • Cottage
  • Shingle Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Front Porch

Utilities

  • Central Heating
  • Wall Furnace
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 049-101-39

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Shoreline Hwy., Left on Maple St., Right on Pineo Ave.
  • Lot Size Acres: 0.2020
  • Stories: 1
  • ArchitecturalStyle: Cottage
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Free Standing Refrigerator, Gas Cook Top
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Square Footage: 1726.00
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3
  • Room Type: Dining Room, Living Room, Primary Bathroom, Primary Bedroom
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Construction Materials: Shingle Siding
  • Lot Features: Private
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Detached, Enclosed, Garage Facing Front
  • Total Parking Spaces: 5.00
  • Garage Spaces: 1.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, Public
  • Water Source: Water District
  • Heating: Central, Wall Furnace
  • Laundry Features: Dryer Included, Washer Included, Washer/Dryer Stacked Included

Schools

  • Middle/Junior School District: Mill Valley

Lot Info

  • Assessor Parcel Number: 049-101-39
  • Lot Size Sq Ft: 8799.00

Building Info

  • Year Built: 1910

Multi Family

  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

MLS Schools

  • Senior High School District: Tamalpais Union
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 19, 2024
Sold by
House Properties 77 Lp
Bought by
Barnthouse Max Davis and Khan Sakiba
Seller's Agent
Jim King
Compass
Buyer's Agent
Chris Schaub
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,375,000
Premium/Discount to List
-$120,000
-8.03%
Views
46
Current Estimated Value
$1,616,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,881
Avg. Annual Appreciation
13.50%
Original Mortgage
$1,168,750
Outstanding Balance
$1,153,715
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$463,166

Purchase Details

Closed on
Nov 20, 2012
Sold by
House Properties 77 Lp
Bought by
House Properties 77 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2012
Sold by
Salcuni Peter T
Bought by
House Properties 77 Lp

Purchase Details

Closed on
Oct 11, 2006
Sold by
Hinrichs Jess and Johnson Hinrichs Janice
Bought by
Salcuni Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
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
Barnthouse Max Davis $1,375,000 Old Republic Title
House Properties 77 Lp -- Old Republic Title Company
House Properties 77 Lp $515,000 First American Title Company
Salcuni Peter T $840,000 California Land Title Marin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnthouse Max Davis $1,168,750
Previous Owner House Properties 77 Lp $402,500
Previous Owner Salcuni Peter T $125,500
Previous Owner Salcuni Peter T $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,375,000 -1.4% $797 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $1,395,000 -6.7% $808 / Sq Ft
07/16/2024 07/16/24 For Sale $1,495,000 -- $866 / 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 $23,023 $1,375,000 $825,000 $550,000
2024 $17,464 $634,155 $449,450 $184,705
2023 $16,322 $621,722 $440,638 $181,084
2022 $15,922 $609,533 $431,999 $177,534
2021 $15,676 $597,585 $423,531 $174,054
2020 $15,381 $591,461 $419,191 $172,270
2019 $14,683 $579,869 $410,975 $168,894
2018 $13,661 $568,502 $402,919 $165,583
2017 $14,282 $557,358 $395,021 $162,337
2016 $11,059 $546,429 $387,275 $159,154
2015 $10,573 $538,226 $381,461 $156,765
2014 $10,615 $527,683 $373,989 $153,694
Source: Public Records

Agents Affiliated with this Home

  • Jim King

    Seller's Agent in 2024

    Jim King

    Compass

    (415) 994-5464

    3 in this area

    19 Total Sales

    Jim King
    Section Image

  • C

    Buyer's Agent in 2024

    Chris Schaub

    Coldwell Banker Realty

    (415) 827-5809

    1 in this area

    41 Total Sales

    Chris Schaub
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324055894

Bay Area Real Estate Information Services (BAREIS)

APN: 049-101-39

California Marin County Mill Valley 94941 Tamalpais Valley

507 Pineo Ave, Mill Valley, CA

Not Listed for Sale

Detached

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