NOT LISTED FOR SALE

57 Summit Dr Corte Madera, CA 94925

Estimated Value: $1,185,000 - $2,203,297

3 Beds
3 Baths
1,952 Sq Ft
$786/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $1,169,000 $599 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,697/month

37 Days on Market

Highlights

  • Additional Residence on Property
  • Bay View
  • Traditional Architecture
  • Neil Cummins Elementary School Rated A
  • Maid or Guest Quarters
  • Engineered Wood Flooring

About This Home

As of June 2020

Renovated view residence in the coveted Christmas Tree Hill neighborhood of Corte Madera. This idyllic sunny retreat offers beautiful views of the San Francisco Bay. Floor to ceiling windows provide the main level with wonderful natural light and frame the picturesque views. The main level features an open concept living area with a large kitchen with granite countertops and bedroom and full bathroom. Attached inlaw unit with kitchen with separate entrance!

Last Agent to Sell the Property

Shana Rohde-Lynch

Compass License #01079806 Listed on: 05/04/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,787

Year Built

  • Built in 1920

Lot Details

  • 8,294 Sq Ft Lot
  • Landscaped
  • Garden

Property Views

  • Bay
  • Panoramic
  • Woods
  • Hills
  • Forest

Home Design

  • Traditional Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry in Basement

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Parking Deck

Additional Homes

  • Additional Residence on Property

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 025-023-41

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,787

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: 2 Houses on Lot
  • Subtype Description: Attached
  • Directions To Property: Tamalpais Ave, to Redwood, Rt on Edison,R on Summit
  • Lot Size Acres: 0.1904
  • Stories: 3
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, GSRG, REFA
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Dining Room Features: Formal Area, Dining/Living Combo
  • Flooring: LVYN, Simulated Wood, Tile
  • Price Per Square Foot: 598.87
  • Square Footage: 1952
  • Bathroom Features: Granite, Shower Stall(s), Tile, Tub w/Shower Over, RMDL
  • Bathrooms: 3.00
  • Fireplace Features: Family Room, Living Room
  • Kitchen Features: Breakfast Area, Island, RMDL
  • Room Type: Guest Quarters, Storage
  • Lower Level: BATH, Bedroom(s), Kitchen, Living Room
  • Main Level: BATH, Bedroom(s), Dining Room, Family Room, Kitchen, Street Entrance

Exterior Features

  • Construction Materials: Frame, Wood, Other
  • Foundation: Other
  • Lot Features: Garden, Landscape Front
  • Roof: Composition
  • Fencing: Other, Partial
  • Patio And Porch Features: DECK, PATI
  • Pool: No
  • Spa: No
  • View: Bay, Forest, Hills, Panoramic, Water, Woods

Garage/Parking

  • Parking Features: Deck
  • Carport Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public, Natural Gas Connected, PGEE
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Dryer Included, In Basement, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Location of Unit: Unit Below

Lot Info

  • Assessor Parcel Number: 025-023-41
  • Lot Size Sq Ft: 8294

Building Info

  • Year Built: 1920

Multi Family

  • Second Unit Bedrooms: 1
  • Second Unit Description: In law/ Not legal rental
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Walsh Matthew
Bought by
Walsh Matthew R and The Matthew R Walsh 2021 Revoc
Current Estimated Value
$1,534,824

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 18, 2020
Sold by
Babu Aravinth and Jayaprakasam Uma
Bought by
Walsh Matthew
Seller's Agent
Shana Rohde-Lynch
Compass
List Price
$1,169,000
Sold Price
$1,169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$935,200
Outstanding Balance
$832,636
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$783,998

Purchase Details

Closed on
Aug 9, 2012
Sold by
Babu Aravinth and Jayaprakasam Uma
Bought by
Babu Aravinth and Jayaprakasam Uma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Oldenbrook Bradley and Oldenbrook Paulina
Bought by
Babu Aravinth and Jayaprakasam Uma

Purchase Details

Closed on
Oct 5, 2009
Sold by
Oldenbrook Bradley and Oldenbrook Bradley B
Bought by
Oldenbrook Bradley and Oldenbrook Paulina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2009
Sold by
Oldenbrook Paulina
Bought by
Oldenbrook Bradley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.83%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 28, 2003
Sold by
Ottinger Isaac Lafayette
Bought by
Ottinger Isaac Lafayette
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
Walsh Matthew R -- None Available
Walsh Matthew $1,169,000 Old Republic Title Company
Babu Aravinth -- Accommodation
Babu Aravinth -- First American Title Company
Babu Aravinth $410,000 Old Republic Title Company
Oldenbrook Bradley -- Fidelity Natl Title Co Of Ca
Oldenbrook Bradley B -- Stewart Title Of California
Oldenbrook Bradley B $350,000 Stewart Title Of California
Ottinger Isaac Lafayette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Matthew $935,200
Previous Owner Babu Aravinth $417,000
Previous Owner Oldenbrook Bradley $65,000
Previous Owner Oldenbrook Bradley B $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $1,169,000 0.0% $599 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $1,169,000 -- $599 / 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 $16,787 $1,278,452 $792,881 $485,571
2024 $16,787 $1,253,389 $777,337 $476,052
2023 $16,228 $1,228,817 $762,098 $466,719
2022 $16,082 $1,204,724 $747,156 $457,568
2021 $15,889 $1,181,110 $732,511 $448,599
2020 $9,895 $646,261 $442,590 $203,671
2019 $9,478 $633,590 $433,912 $199,678
2018 $9,174 $621,171 $425,407 $195,764
2017 $9,113 $608,993 $417,067 $191,926
2016 $8,753 $597,055 $408,892 $188,163
2015 $8,446 $985,343 $402,753 $582,590
2014 $7,925 $561,721 $394,867 $166,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22009528

Bay Area Real Estate Information Services (BAREIS)

APN: 025-023-41