NOT LISTED FOR SALE

653 Madrone Ave Pescadero, CA 94060

Estimated Value: $561,138 - $780,000

1 Bed
1 Bath
630 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $425,000 $675 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,960/month

41 Days on Market

Highlights

  • Dining Room
  • Wood Burning Fireplace
  • 1-Story Property
  • Concrete Flooring

About This Home

As of October 2022

Mid-century cutie seeking loving owner! This fixer is affectionately known as "Slug's Rest" and is located in the Butano Canyon neighborhood in Pescadero, just a few minutes drive to the ocean. Bring your tool belt and get creative with this studio cottage. The Butano Canyon is gated, offers optional pool membership, and is a wonderfully tight-knit community to relax and recharge from the Bay Area grind--only an hour away from SF and Silicon Valley. Fiber internet options are available. Come live the dream in Pescadero!

Last Agent to Sell the Property

Mollie Whipp

Coldwell Banker Realty License #01925212 Listed on: 08/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Shanti Minkstein

Element Real Estate Group License #02122033

Element Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,957

Year Built

  • 1959

Lot Details

  • 0.82 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Concrete Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane
  • Separate Meters
  • Propane
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,957

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 630
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 630
  • Stories: 1
  • Flooring: Concrete
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Propane
  • Sewer/Septic System: Existing Septic

Schools

  • School District: La Honda-Pescadero Unified

Lot Info

  • Lot Acres: 0.8178
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 35625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 35625.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 5, 2022
Sold by
Guedon 2003 Trust
Bought by
Torres Gabriel
Seller's Agent
Mollie Whipp
Coldwell Banker Realty
Buyer's Agent
Shanti Minkstein
Element Real Estate Group
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
89
Current Estimated Value
$652,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,285
Avg. Annual Appreciation
16.16%
Original Mortgage
$340,000
Outstanding Balance
$327,140
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$325,145

Purchase Details

Closed on
Sep 16, 2003
Sold by
Guedon N Graham and Guedon Mary Scholz
Bought by
Guedon N Graham and Guedon Mary S
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
Torres Gabriel $425,000 Doma Title
Guedon N Graham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Gabriel $340,000
Closed Torres Gabriel $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $425,000 -14.8% $675 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $499,000 -- $792 / 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 $4,957 $442,170 $400,554 $41,616
2023 $4,957 $425,000 $385,000 $40,000
2022 $2,815 $246,428 $123,214 $123,214
2021 $2,770 $241,598 $120,799 $120,799
2020 $2,735 $239,122 $119,561 $119,561
2019 $2,673 $234,434 $117,217 $117,217
2018 $2,601 $229,838 $114,919 $114,919
2017 $2,542 $225,332 $112,666 $112,666
2016 $2,531 $220,914 $110,457 $110,457
2015 $2,456 $217,596 $108,798 $108,798
2014 $2,414 $213,334 $106,667 $106,667
Source: Public Records

Agents Affiliated with this Home

  • Mollie Whipp

    Seller's Agent in 2022

    Mollie Whipp

    Coldwell Banker Realty

    (415) 741-4012

    47 Total Sales

    Mollie Whipp
    Section Image

  • S

    Buyer's Agent in 2022

    Shanti Minkstein

    Element Real Estate Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81902893

MLSListings

APN: 089-051-060

California San Mateo County Pescadero 94021

653 Madrone Ave, Pescadero, CA

This home is located at 653 Madrone Ave, Pescadero, CA 94060 since 05 August 2022 and is currently estimated at $652,285, approximately $1,035 per square foot. This property was built in 1959. 653 Madrone Ave is a home located in San Mateo County.

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