NOT LISTED FOR SALE

Estimated Value: $910,000 - $1,425,000

0.49 Acre
$2,398,357 Price per Acre
21,558 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $500,000 $23 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $7,091/month

283 Days on Market

Highlights

  • Bay View
  • 0.49 Acre Lot
  • Property is Fully Fenced
  • Neil Cummins Elementary School Rated A

About This Lot

As of November 2016

This 21,558 sq ft lot is centrally located in Corte Madera. Minutes from HWY 101. It offers fabulous views and is near great hiking trails. All utility hook-ups are present. Water meter, Gas meter, Electric meter. There is an old cottage on the property which has been un-inhabited for over 30 years.

Last Agent to Sell the Property

Jacques Yenni

Jacques Yenni, Broker License #01399123 Listed on: 02/01/2016

Last Buyer's Agent

Jacques Yenni

Jacques Yenni, Broker License #01399123 Listed on: 02/01/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.49 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Zoning described as 2nd Unit Possible,Residential

Property Views

  • Bay
  • Bridge
  • City Lights
  • Hills

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 021-163-28

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Lot
  • Directions To Property: Tamalpais to Redwood, Redwood to Edison, Edison to Summit.
  • Lot Size Acres: 0.4949
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sale Lease Rent: Sale
  • Special Features: None

Exterior Features

  • Lot Features: Fire Hydrant(s)
  • Fencing: Chain Link, Full
  • View: Bay, Bridges, City Lights, Hills, Water, VWLC

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 021-163-28
  • Lot Size Sq Ft: 21558
  • Price Per Acre: 1010305.11
  • CurrentUse: NONE
  • NumberOfLots: 1
  • Zoning Description: 2nd Unit Possible,Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Merriam Daniel and Merriam Yulia
Bought by
Merriam Danie and Merriam Yulia
Current Estimated Value
$1,186,947

Purchase Details

Listed on
Feb 1, 2016
Closed on
Oct 25, 2016
Sold by
Marcillac Gaston
Bought by
Merriam Daniel and Merriam Yulia
Seller's Agent
Jacques Yenni
Jacques Yenni, Broker
Buyer's Agent
Jacques Yenni
Jacques Yenni, Broker
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$375,000
Outstanding Balance
$301,060
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$885,887

Purchase Details

Closed on
Jul 19, 1999
Sold by
Marcillac Gaston M
Bought by
Marcillac Gaston

Purchase Details

Closed on
Oct 13, 1995
Sold by
Marcillac Maurice E and Marcillac Lydia P
Bought by
Marcillac Gaston M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merriam Danie -- None Available
Merriam Daniel -- Old Republic Title Co
Marcillac Gaston -- --
Marcillac Gaston M $28,663 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriam Daniel $375,000
Previous Owner Marcillac Gaston M $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $500,000 0.0% $23 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $500,000 -- $23 / 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 $10,475 $698,392 $464,224 $234,168
2024 $10,475 $684,701 $455,124 $229,577
2023 $10,032 $671,276 $446,200 $225,076
2022 $9,924 $658,115 $437,452 $220,663
2021 $9,748 $645,213 $428,876 $216,337
2020 $8,326 $530,600 $424,480 $106,120
2019 $8,084 $520,200 $416,160 $104,040
2018 $7,781 $510,000 $408,000 $102,000
2017 $7,740 $500,000 $495,000 $5,000
2016 $4,707 $253,905 $206,292 $47,613
2015 $4,505 $250,091 $203,193 $46,898
2014 $4,319 $245,192 $199,213 $45,979
Source: Public Records

Agents Affiliated with this Home

See All Agents

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21601772

Bay Area Real Estate Information Services (BAREIS)

APN: 021-163-28