NOT LISTED FOR SALE

74 Corte Madera Ave Corte Madera, CA 94925

Estimated Value: $2,436,357

3 Beds
2 Baths
2,372 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $1,650,000 $696 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,453/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Bedroom
  • The community has rules related to allowing live work
  • Neil Cummins Elementary School Rated A
  • Private Yard
  • 1-minute walk to Menke Park

About This Home

As of August 2016

Property is zoned commercial and is a mixed-use investment. The property consists of a two-story 3 bedroom 2 bath residence AND 2 well located street retail storefronts. Retail Income from the well established tenants are $40,808 annually. Laundry (1,000 SF) located in the basement. Plenty of parking is available on the street.

Last Agent to Sell the Property

Nunzio Alioto

Keller Williams Realty License #01912982 Listed on: 07/06/2016

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,958

Year Built

  • Built in 1954

Lot Details

  • 2,372 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Property is zoned Commercial

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 2,372 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Home Office
  • Storage Room
  • Walk-Out Basement
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Separate Water Meter

Community Details

  • The community has rules related to allowing live work

Listing and Financial Details

  • Assessor Parcel Number 025-015-11-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,958

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Cross Street: Redwood Ave
  • Neighborhood: OOFA
  • LP / Sq Ft: 695.62
  • Price Per Sq Ft: 695.62
  • SP/ Sq Ft: 695.62
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer
  • Searchable Rooms: Basement, Bedroom Entry Level, Dining Area, Office, Storage Room, Walkout Basement
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 29x16
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2372
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Rock/Gravel
  • Exclusive Use Yard: Yes

Garage/Parking

  • Non Garage Parking: Driveway
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: OUT OF AREA

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: Commercial
  • Additional Property Use: Res/Business Use OK
  • Assessor Parcel Number: 025-015-11-00
  • Estimated Lot Sq Ft: 2372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 22, 2016
Sold by
Molnzadeh Farshad and Bashar Firouzen Alipour
Bought by
Meara Robert E O and Meara Jolenne O
Seller's Agent
Nunzio Alioto
Keller Williams Realty
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$2,436,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,357
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Jan 14, 2006
Sold by
Hosseinyoun Fakhry
Bought by
Fakhry Hosseinyoun 2006 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.08%
Mortgage Type
Commercial
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
Meara Robert E O $1,650,000 Old Republic Title Company
Fakhry Hosseinyoun 2006 Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hosseinyoun Fakhry $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,650,000 0.0% $696 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $1,650,000 -- $696 / Sq Ft
Source: San Diego 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 $23,958 $1,914,924 $1,044,504 $870,420
2024 $23,958 $1,877,386 $1,024,029 $853,357
2023 $23,764 $1,840,575 $1,003,950 $836,625
2022 $23,077 $1,804,489 $984,267 $820,222
2021 $22,695 $1,769,113 $964,971 $804,142
2020 $22,679 $1,750,980 $955,080 $795,900
2019 $22,269 $1,716,660 $936,360 $780,300
2018 $21,947 $1,683,000 $918,000 $765,000
2017 $21,188 $1,650,000 $900,000 $750,000
2016 $13,100 $975,000 $450,000 $525,000
2015 $7,604 $463,912 $165,877 $298,035
2014 $7,245 $454,827 $162,628 $292,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160036936

San Diego MLS

APN: 025-015-11