NOT LISTED FOR SALE

525 Bridgeway Sausalito, CA 94965

Estimated Value: $3,419,000 - $4,863,000

3 Beds
3.5 Baths
-- Sq Ft
$400/mo HOA Fee

Last Sold May 22, 2020

Last sale price $4,500,000

Est. 8% decrease in value since last sale

Current estimated payment $27,026/month

Highlights

  • Views of San Francisco
  • Fireplace in Primary Bedroom
  • Modern Architecture
  • Tamalpais High School Rated A
  • Main Floor Bedroom
  • 2-minute walk to Yee Tock Chee Park

About This Home

As of May 2020

For Comp Purposes Only...525 Bridgeway is the ultimate modern Sausalito residence designed by esteemed architecture firm Michael Rex & Assoc. & featured on the 2012 AIA tour! The stand-alone building is tucked off Bridgeway for optimal privacy but still benefits from proximity to A+ shops & dining. Views for days from all levels, 20+foot ceilings, walls of glass, 4 outdoor living areas, smart-home tech, & 2-car pkg make this one of the most special homes in all the Bay!

Last Agent to Sell the Property

Payton Stiewe

Engel & Völkers San Francisco License #01342081 Listed on: 05/22/2020

Engel & Völkers San Francisco

Co-Listed By

Arrian Binnings

Christie's Int'l Real Estate License #01811368

Last Buyer's Agent

Katherine Tomassi

Sotheby's International Realty License #01975281

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,903

Lot Details

  • 2,134

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Marina
  • Bay
  • San Francisco
  • Views of the Bay Bridge
  • Panoramic
  • Downtown
  • Mountain
  • Mount Diablo
  • Garden
  • Park or Greenbelt

Home Design

  • Modern Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Secondary Bathroom Jetted Tub
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Radiant Heating System

Community Details

  • 3 Units
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 065

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,903

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Luxury, Mid-Rise (4-8)
  • Architectural Style: Modern/High Tech
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 2
  • Fireplace Features: Gas Piped, Living Room, Primary Bedroom
  • Bedrooms: 3
  • Master Bathroom Features: Tub
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Dining Room Features: Formal Area
  • Living Room Features: View, Cathedral/Vaulted
  • Appliances: Dishwasher, Disposal, Hood Over Range, FREZ, GSRG, REFA
  • Bathroom Features: Jetted Tub, Shower Stall(s), Tile, Tub, Tub w/Shower Over, RMDL
  • Kitchen Features: Island, RMDL
  • Laundry Features: Laundry Closet, WDIN
  • Lower Level: Dining Room, Kitchen, Living Room
  • Main Level: Bedroom(s), Full Bath(s)
  • Room Type: Laundry, Office, Storage
  • Spa Features: SPAA

Exterior Features

  • Construction Materials: Wood Siding
  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Foundation: Concrete Perimeter
  • View: Bay, Bay Bridge, City Lights, Downtown, Garden/Greenbelt, Mountains, Marina, Mt Diablo, Park, Panoramic, San Francisco, Water

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Enclosed, Garage Door Opener, Side-by-Side, GARG
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Radiant

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly

Lot Info

  • Assessor Parcel Number: 065

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Piestrup Joshua Ives
Bought by
Joshua Ives Piestrup Trust and Piestrup
Current Estimated Value
$4,144,033

Purchase Details

Listed on
May 22, 2020
Closed on
May 12, 2020
Sold by
50 Alder Avenue Llc
Bought by
Piestrup Joshua Ives
Seller's Agent
Payton Stiewe
Engel & Völkers San Francisco
Buyer's Agent
Katherine Tomassi
Sotheby's International Realty
List Price
$4,500,000
Sold Price
$4,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$2,778,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Kaplan David
Bought by
50 Alder Avenue Llc

Purchase Details

Closed on
Aug 13, 2013
Sold by
Kaplan Robyn
Bought by
Kaplan David

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bridgeway Project Llc
Bought by
Kaplan David

Purchase Details

Closed on
Nov 17, 2010
Sold by
Kaplan David
Bought by
Bridgeway Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 1, 2003
Sold by
Monchek Michele
Bought by
Kaplan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,950
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2002
Sold by
Snellbacher David P
Bought by
Kaplan David R and Monchek Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
5.25%
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
Joshua Ives Piestrup Trust -- None Listed On Document
Piestrup Joshua Ives $4,500,000 Fidelity National Title Co
50 Alder Avenue Llc $4,998,000 Old Republic Title Company
Kaplan David -- Old Republic Title Company
Kaplan David -- American Title Company
Bridgeway Project Llc -- Fidelity National Title Co
Kaplan David -- None Available
Kaplan David R $1,725,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piestrup Joshua Ives $2,750,000
Previous Owner Piestrup Joshua Ives $2,778,750
Previous Owner Kaplan Dave $100,000
Previous Owner Kaplan David $1,700,000
Previous Owner Kaplan Dave $100,000
Previous Owner Kaplan David $1,499,950
Previous Owner Kaplan David R $1,207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $4,500,000 0.0% --
05/22/2020 05/22/20 Sold $4,500,000 0.0% --
05/22/2020 05/22/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $4,500,000 0.0% --
05/14/2020 05/14/20 Pending -- -- --
05/07/2019 05/07/19 For Sale $4,500,000 -- --
Source: San Francisco Association of REALTORS® MLS

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 $56,903 $4,921,335 $2,952,801 $1,968,534
2024 $56,903 $4,824,855 $2,894,913 $1,929,942
2023 $55,380 $4,730,265 $2,838,159 $1,892,106
2022 $53,339 $4,637,520 $2,782,512 $1,855,008
2021 $52,941 $4,546,620 $2,727,972 $1,818,648
2020 $64,009 $5,599,866 $3,362,610 $2,237,256
2019 $62,387 $5,490,104 $3,296,700 $2,193,404
2018 $62,013 $5,382,490 $3,232,080 $2,150,410
2017 $60,416 $5,276,975 $3,168,720 $2,108,255
2016 $57,686 $5,173,507 $3,106,590 $2,066,917
2015 $57,891 $5,095,820 $3,059,940 $2,035,880
2014 $56,051 $4,996,000 $3,000,000 $1,996,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 498870

San Francisco Association of REALTORS® MLS

APN: 065-171-39