NOT LISTED FOR SALE

Estimated Value: $2,040,000 - $2,766,000

3 Beds
2.5 Baths
1,765 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $2,650,000 $1,501 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $16,464/month

Highlights

  • 0.46 Acre Lot
  • Mountain View
  • Main Floor Bedroom
  • Neil Cummins Elementary School Rated A
  • Chalet
  • Marble Countertops

About This Home

As of December 2022

Location, luxury & lifestyle combine to create a truly magnificent home. The retreat style property is the ideal setting to escape and rejuvenate. Tucked behind a private gate, 51 Olive feels like a tranquil retreat but only a few blocks from downtown Larkspur. Recently renovated in partnership with the renowned design firm studio D, 51 Olive is an extraordinary property. With new European oak flooring throughout and a stunning designer kitchen, this home is tastefully chic and luxurious. This 3 bedroom, 2.5 bath home enjoys the unique combination of being among the beautiful trees yet drenched in natural light. With a level turf lawn, Hunter irrigation system, a massive newer deck, built-in bar and a gas line hook-up, 51 Olive is the perfect home to relax, entertain and take advantage of Larkspur's spectacular weather. 51 Olive is situated in one of the most desirable locations in Marin. Just minutes from downtown Larkspur and all of its fabulous shops, restaurants, top-rated schools, outstanding parks and the Mt. Tam Racquet Club. Enjoy easy access to multi-use paths, world-class hiking and biking trails, Corte Madera Town Center, easy access to highway 101 and the Larkspur SMART train station.

Last Agent to Sell the Property

James Nead

Coldwell Banker Realty License #01988110 Listed on: 12/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Margot Edde

Christie's International Real License #01954280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,891

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Artificial Turf
  • Low Maintenance Yard

Home Design

  • Chalet
  • Rustic Architecture
  • Side-by-Side
  • Cabin

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Skylights
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Storage Room
  • Mountain Views
  • Marble Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 021-054-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,891

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Interior Amenities: Skylight(s)
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Madrone Ave to Olive Ave
  • Lot Size Acres: 0.4615
  • Stories: 2
  • ArchitecturalStyle: Cabin, Chalet, Rustic
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks
  • Master Bedroom Features: Balcony, Closet, Walk-In Closet
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Formal Room
  • Living Room Features: Deck Attached, Open Beam Ceiling, View
  • Price Per Square Foot: 1501.42
  • Square Footage: 1765.00
  • Bathrooms: 3
  • Fireplace Features: Living Room
  • Kitchen Features: Marble Counter
  • Room Type: Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Storage
  • Main Level: Bedroom(s), Dining Room, Kitchen, Living Room, Partial Bath(s)

Exterior Features

  • Lot Features: Grass Artificial, Landscape Misc, Low Maintenance
  • Property Condition: Updated/Remodeled
  • View: Mountains

Garage/Parking

  • Parking Features: Covered, Detached, Side-by-Side
  • Total Parking Spaces: 4.00
  • Carport Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

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

Schools

  • School District: Marin
  • Elementary School: Larkspur-Corte Madera
  • Middle School: Larkspur-Corte Madera
  • High School: Tamalpais Union
  • Middle/Junior School District: Larkspur-Corte Madera

Lot Info

  • Assessor Parcel Number: 021-054-18
  • Lot Size Sq Ft: 20103.00

Building Info

  • Year Built: 1966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Dec 14, 2022
Sold by
Guest Lindsey
Bought by
Hutton Robert
Seller's Agent
James Nead
Coldwell Banker Realty
Buyer's Agent
Margot Edde
Christie's International Real
List Price
$2,500,000
Sold Price
$2,650,000
Premium/Discount to List
$150,000
6%
Current Estimated Value
$2,522,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,088
Avg. Annual Appreciation
0.03%
Original Mortgage
$350,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 16, 2021
Sold by
Scales Peter and Scales Kristin
Bought by
Guest Lindsey
Seller's Agent
Whitney Potter
Own Marin
Buyer's Agent
James Nead
Coldwell Banker Realty
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$937,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2019
Sold by
Scales Peter and Scales Kristin
Bought by
Scales Peter and Scales Kristin

Purchase Details

Closed on
Jul 22, 2015
Sold by
Ganine Valeri F and Ganina Juliya
Bought by
Scales Peter and Scales Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2001
Sold by
Keyhan Fereidoun and Keyhan Venus
Bought by
Ganine Valeri F and Ganina Juliya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7%

Purchase Details

Closed on
Feb 16, 2000
Sold by
Dawson John C
Bought by
Keyhan Fereidoun and Keyhan Venus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
8.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 2000
Sold by
Dawson Elanna Wyn Ellis
Bought by
Dawson John Collins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
8.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 9, 1997
Sold by
Dawson John C
Bought by
Dawson John Collins

Purchase Details

Closed on
Jul 17, 1996
Sold by
Dawson John C
Bought by
Elwell Jeffery S and Elwell Margarette Y
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
Hutton Robert $2,650,000 Old Republic Title
Guest Lindsey $2,300,000 First American Title Company
Scales Peter -- None Available
Scales Peter $1,265,000 Old Republic Title Company
Ganine Valeri F $620,000 First American Title Co
Keyhan Fereidoun -- First American Title Co
Dawson John Collins -- First American Title Co
Dawson John Collins -- --
Elwell Jeffery S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guest Lindsey $350,000
Previous Owner Guest Lindsey $937,500
Previous Owner Scales Peter $2,500,000
Previous Owner Scales Peter $1,000,000
Previous Owner Ganine Valeri F $316,000
Previous Owner Ganine Valeri F $320,000
Previous Owner Ganine Valeri F $320,000
Previous Owner Keyhan Fereidoun $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $2,650,000 +6.0% $1,501 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $2,500,000 +8.7% $1,416 / Sq Ft
11/19/2021 11/19/21 Sold $2,300,000 0.0% $1,303 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $2,300,000 -- $1,303 / 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 $33,891 $2,757,060 $1,638,630 $1,118,430
2024 $33,891 $2,703,000 $1,606,500 $1,096,500
2023 $33,217 $2,650,000 $1,575,000 $1,075,000
2022 $29,522 $2,300,000 $1,375,000 $925,000
2021 $19,219 $1,396,800 $1,102,925 $293,875
2020 $18,936 $1,367,637 $1,091,620 $276,017
2019 $18,183 $1,340,826 $1,070,220 $270,606
2018 $17,684 $1,314,545 $1,049,243 $265,302
2017 $17,336 $1,288,770 $1,028,670 $260,100
2016 $16,571 $1,263,500 $1,008,500 $255,000
2015 $11,756 $841,267 $557,906 $283,361
2014 $11,202 $824,792 $546,981 $277,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322104989

Bay Area Real Estate Information Services (BAREIS)

APN: 021-054-18