NOT LISTED FOR SALE

87 Summit Dr Corte Madera, CA 94925

Estimated Value: $1,845,000 - $2,872,886

3 Beds
2 Baths
2,008 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,350,000 $672 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,904/month

35 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • Wood Flooring
  • Neil Cummins Elementary School Rated A
  • Private Lot
  • Living Room with Attached Deck

About This Home

As of May 2019

This charming home is sitting on a knoll on almost 1/3 acre of land with 3 bedrooms,2 baths with stylish living room,FRPL,hardwood floors, lovely waterviews.Kitchen with with Viking stove and Subzero Fridge.Large Dining room There is a Den/office on the same floor. Step outside onto a large level lawn, which offers a great place to entertain.5 fruit trees Orange and Grapefruit trees in full bloom!

Last Agent to Sell the Property

Margritha Fliegauf

Compass License #00480436 Listed on: 04/18/2019

Compass

Last Buyer's Agent

Camara Scremin

Compass License #01270273

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,159

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Irregular Lot
  • Garden

Property Views

  • Bay
  • City Lights
  • Woods
  • Canyon
  • Hills
  • Forest
  • Valley

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Raised Hearth
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Den

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Parking Deck

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025-023-64

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,159

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From Corte Madera-Tamalpais straight at 3 corners to Redwood,R Edison,R on Summit
  • Lot Size Acres: 0.3084
  • Stories: 2
  • ArchitecturalStyle: Contemporary, REDW
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Hood Over Range, GSRG, REFA
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Dining Room Features: Formal Room, Space in Kitchen
  • Living Room Features: Deck Attached, Open Beam Ceiling
  • Number Of Rooms: 7
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 672.31
  • Square Footage: 2008
  • Bathrooms: 2.00
  • Fireplace Features: Living Room, Raised Hearth, Other
  • Kitchen Features: PANT
  • Room Type: Den
  • Lower Level: BATH, Bedroom(s), Master Bedroom
  • Main Level: BATH, Kitchen, Living Room, Street Entrance

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Wood, Wood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: Garden, Landscape Back, Landscape Front, Landscape Misc, Private, Secluded, Shape Irregular
  • Fencing: Fenced, Other
  • Patio And Porch Features: PATI
  • Pool: No
  • Spa: No
  • View: Bay, Canyon, City Lights, Forest, Hills, Valley, Water, Woods

Garage/Parking

  • Parking Features: Deck, Detached
  • Carport Spaces: 1
  • OpenParkingSpaces: 1

Utilities

  • Security Features: Carbon Mon Detector, Security Gate, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public, Cable Available, DSL Available, Natural Gas Connected, PGEE, Cable Connected
  • Water Source: Public
  • Heating: Fireplace(s), Gas, Natural Gas
  • Laundry Features: Laundry Closet, Dryer Included, Electric, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 025-023-64
  • Lot Size Sq Ft: 13433

Building Info

  • Year Built: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 24, 2019
Sold by
Babin Jennifer M and Babin Francois A
Bought by
Arnaud Becker Chantal and Arnaud Ponchon
Seller's Agent
Margritha Fliegauf
Compass
Buyer's Agent
Camara Scremin
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$2,202,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,070
Avg. Annual Appreciation
7.58%
Original Mortgage
$850,000
Outstanding Balance
$741,348
Interest Rate
3.5%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$1,382,239

Purchase Details

Closed on
Mar 4, 2014
Sold by
Guenza Robert M and Guenza Mary L
Bought by
Babin Jennifer M and Babin Francois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,900
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving
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
Arnaud Becker Chantal $135,000 Fidelity National Title Co
Babin Jennifer M $770,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnaud Becker Chantal $850,000
Previous Owner Babin Jennifer M $675,000
Previous Owner Babin Jennifer M $76,900
Previous Owner Babin Jennifer M $616,000
Previous Owner Guenza Robert M $613,868
Previous Owner Guenza Robert M $61,560
Previous Owner Guenza Robert M $601,150
Previous Owner Guenza Robert M $599,950
Previous Owner Guenza Robert M $520,000
Previous Owner Guenza Robert M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,350,000 0.0% $672 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,350,000 -- $672 / 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 $22,159 $1,773,657 $948,175 $825,482
2024 $22,159 $1,738,884 $929,585 $809,299
2023 $21,502 $1,704,793 $911,361 $793,432
2022 $20,724 $1,621,371 $893,494 $727,877
2021 $18,999 $1,467,033 $875,976 $591,057
2020 $18,896 $1,444,500 $867,000 $577,500
2019 $11,660 $845,603 $659,340 $186,263
2018 $11,352 $829,028 $646,416 $182,612
2017 $11,253 $812,776 $633,744 $179,032
2016 $10,793 $796,840 $621,318 $175,522
2015 $10,627 $784,874 $611,988 $172,886
2014 $3,310 $154,712 $32,891 $121,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21908902

Bay Area Real Estate Information Services (BAREIS)

APN: 025-023-64