NOT LISTED FOR SALE

531 Madrone Ave Pescadero, CA 94060

Estimated Value: $886,000 - $959,374

3 Beds
2 Baths
1,050 Sq Ft
$890/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $670,000 $638 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,799/month

10 Days on Market

Highlights

  • Cabana
  • Forest View
  • Tile Flooring
  • Wood Burning Stove
  • 1 Fireplace
  • Walk-in Shower

About This Home

As of July 2019

A charming home, build within acres of second generation redwoods, a short hike to Butano Canyon waterfalls and 10 minutes from lovely Butano State Park with its many hiking trails. The home is on 1/2 acre+, on a large level pad, 3 bedrooms, 2 remodeled bathrooms, open floor plan living area, it is about 15 minutes away from the charming town of Pescadero and coastal beaches. this is a wonderful setting to relax and recharge and not too far from Silicon Valley. Optional membership in the Butano Canyoun Country club with lovely pool and community events, just steps away from this home.

Last Agent to Sell the Property

Elfie Ravens

Coldwell Banker Realty License #00331689 Listed on: 06/14/2019

Coldwell Banker Realty

Last Buyer's Agent

Frank Vento

Intero Real Estate Services License #01321362

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,150

Year Built

  • Built in 1971

Lot Details

  • 0.63 Acre Lot
  • Zoning described as R10025

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Tile Flooring
  • Forest Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Pool

  • Cabana

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Propane
  • Septic Tank

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 089-051-130

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,150

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 48
  • Listing Class: Residential
  • Structure Sq Ft: 1050
  • Year Built: 1971
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Stove
  • Dining Room: Dining Area in Living Room
  • Kitchen: Oven Range - Built-In, Gas
  • Living Sq Ft: 1050
  • Stories: 1
  • Flooring: Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Community Facility
  • Roof: Shake
  • View: Forest / Woods
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Schools

  • School District: La Honda-Pescadero Unified

Lot Info

  • Parcel Number: 089-051-130
  • Lot Acres: 0.6290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27400.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

MLS Schools

  • High School District Text: La Honda-Pescadero Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 25, 2019
Sold by
Cruz Vicenta and Cruz Gema
Bought by
Neuhart Sherean and Bezerra Vanessa
Seller's Agent
Elfie Ravens
Coldwell Banker Realty
Buyer's Agent
Frank Vento
Intero Real Estate Services
List Price
$688,000
Sold Price
$670,000
Premium/Discount to List
-$18,000
-2.62%
Current Estimated Value
$935,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,163
Avg. Annual Appreciation
4.98%
Original Mortgage
$611,111
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2018
Closed on
Sep 13, 2018
Sold by
Mcdonell Steven and The Estate Of Mark Reed Mcdone
Bought by
Cruz Vicente and Cruz Gema
Seller's Agent
Mollie Whipp
Coldwell Banker Realty
Buyer's Agent
Elfie Ravens
Coldwell Banker Realty
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1997
Sold by
Castle Delight D
Bought by
Mcdonell Mark Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.23%

Purchase Details

Closed on
Jan 9, 1997
Sold by
Va
Bought by
Castle Delight D

Purchase Details

Closed on
Dec 15, 1995
Sold by
Castle Robert L and Castle Delight D
Bought by
Castle Delight D
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
Neuhart Sherean $670,000 Lawyers Title Company
Cruz Vicente $625,000 Old Republic Title Co
Mcdonell Mark Reed $232,000 Old Republic Title Ins Compa
Castle Delight D $232,000 Old Republic Title Ins Compa
Castle Delight D -- Old Republic Title Ins Compa
Castle Delight D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neuhart Sherean $608,000
Closed Neuhart Sherean $611,111
Previous Owner Cruz Vicente $500,000
Previous Owner Mcdonell Mark Reed $100,000
Previous Owner Mcdonell Mark Reed $180,000
Previous Owner Mcdonell Mark Reed $25,000
Previous Owner Mcdonell Mark Reed $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $670,000 -2.6% $638 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $688,000 +10.1% $655 / Sq Ft
09/20/2018 09/20/18 Sold $625,000 -3.7% $595 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $649,000 -- $618 / Sq Ft
Source: MLSListings

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 $8,150 $1,157,059 $916,459 $240,600
2023 $8,150 $704,288 $473,030 $231,258
2022 $7,507 $690,479 $463,755 $226,724
2021 $7,383 $676,941 $454,662 $222,279
2020 $7,286 $670,000 $450,000 $220,000
2019 $6,897 $625,000 $400,000 $225,000
2018 $6,424 $586,500 $433,500 $153,000
2017 $6,275 $575,000 $425,000 $150,000
2016 $3,533 $312,919 $168,600 $144,319
2015 $3,427 $308,220 $166,068 $142,152
2014 $3,368 $302,183 $162,815 $139,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81756651

MLSListings

APN: 089-051-130