NOT LISTED FOR SALE

71 Summit Dr Corte Madera, CA 94925

Estimated Value: $1,714,000 - $2,091,819

3 Beds
2 Baths
2,202 Sq Ft
$856/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $1,695,000 $770 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,105/month

50 Days on Market

Highlights

  • Bay View
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Neil Cummins Elementary School Rated A
  • Living Room
  • Laundry closet

About This Home

As of September 2022

Poet John Keats wrote "A thing of beauty is a joy for ever: Its loveliness increases." Perhaps he was writing from 71 Summit Drive, while looking out at the azure bay waters, the lush green hills with dollhouse-size homes, the skies topaz by day and diamond-dotted by night. This three-bedroom, two-bath mid-century modern has show-stopping panoramic views. It also features an updated kitchen, expansive living room with Heath-tiled fireplace, and downstairs family room. The front deck welcomes visitors, and is great for gourmet dinners and a friendly ping pong match. The side deck is all about relaxing and gazing at the horizon. The flat yard below has a Redwood grove and mini lemon orchard. Lemonade in the shade, anyone? Take the Golden Stairs to Old Corte Madera Square, with its cafes and shops, or head to downtown Larkspur, the Town Center or Village mall. Award-winning schools nearby. 71 Summit Drive - a place so beautiful, it may make you want to write poetry!

Last Agent to Sell the Property

Jane Kaplan

Holmes Burrell Real Estate License #01451424 Listed on: 07/03/2022

Last Buyer's Agent

Whitney Potter

Own Marin License #01468633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,024

Year Built

  • Built in 1960

Lot Details

  • 7,126 Sq Ft Lot

Parking

  • Parking Deck

Property Views

  • Bay
  • Bridge
  • City Lights
  • Hills

Interior Spaces

  • 2,202 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 025-023-57

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,024

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: 101 to Tamalpais/Edison/Redwood/Summit.
  • Lot Size Acres: 0.1636
  • Stories: 2
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Price Per Square Foot: 769.75
  • Square Footage: 2202.00
  • Bathrooms: 2
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Lot Features: Landscape Misc
  • View: Bay, Bridges, City, City Lights, Hills, Water

Garage/Parking

  • Parking Features: Deck

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included

Lot Info

  • Assessor Parcel Number: 025-023-57
  • Lot Size Sq Ft: 7126.00

Building Info

  • Year Built: 1960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Sep 6, 2022
Sold by
Landers Christine E
Bought by
Clugston Matthew D and Miotto Michele
Seller's Agent
Jane Kaplan
Holmes Burrell Real Estate
Buyer's Agent
Whitney Potter
Own Marin
List Price
$1,745,000
Sold Price
$1,695,000
Premium/Discount to List
-$50,000
-2.87%
Views
14
Current Estimated Value
$1,884,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,705
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,356,000
Outstanding Balance
$1,296,519
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$659,398

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 22, 2019
Sold by
Lakstigala Anne
Bought by
Landers Christine E
Seller's Agent
Fletcher Irwin
Perch Real Estate
Buyer's Agent
Jane Kaplan
Holmes Burrell Real Estate
List Price
$1,498,500
Sold Price
$1,498,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$448,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2012
Sold by
Chenault Richard L
Bought by
Lakstigala Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2012
Sold by
Chenault Richard L
Bought by
Chenault Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clugston Matthew D $1,695,000 Old Republic Title
Landers Christine E $1,498,500 First American Title Company
Lakstigala Anne $850,000 Old Republic Title Company
Chenault Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clugston Matthew D $1,356,000
Previous Owner Landers Christine E $448,500
Previous Owner Lakstigala Anne $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $1,695,000 0.0% $770 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $1,695,000 -2.9% $770 / Sq Ft
07/03/2022 07/03/22 For Sale $1,745,000 +16.4% $792 / Sq Ft
10/29/2019 10/29/19 Sold $1,498,500 0.0% $681 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,498,500 -- $681 / 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 $22,024 $1,763,478 $1,092,420 $671,058
2024 $22,024 $1,728,900 $1,071,000 $657,900
2023 $21,369 $1,695,000 $1,050,000 $645,000
2022 $19,854 $1,542,233 $953,268 $588,965
2021 $19,524 $1,512,003 $934,583 $577,420
2020 $19,507 $1,496,500 $925,000 $571,500
2019 $12,676 $936,097 $634,736 $301,361
2018 $12,367 $917,747 $622,293 $295,454
2017 $12,252 $899,753 $610,092 $289,661
2016 $11,748 $882,114 $598,132 $283,982
2015 $11,588 $868,868 $589,150 $279,718
2014 $11,082 $851,849 $577,610 $274,239
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322063054

Bay Area Real Estate Information Services (BAREIS)

APN: 025-023-57