NOT LISTED FOR SALE

Estimated Value: $2,121,570 - $3,062,000

3 Beds
3 Baths
3,117 Sq Ft
$874/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $3,000,000 $962 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,020/month

174 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Radiant Floor
  • 2.16 Acre Lot
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of May 2024

Stunning top-of-the-world views from this architect-designed home on the ridge. Breathtaking views of both the Olema Valley all the way to Mt Tam, the Point Reyes National Seashore's Drakes Bay, and the ocean. The property directly adjoins the park for easy access to trails and wilderness. The upper level is built for comfortable entertaining, with a spacious living room with a massive stone fireplace and floor-to-ceiling windows. The central dining space will accommodate a big table with space for all. A luxuriously tiled kitchen with granite counters and top-grade appliances is a delight for cooks and cook's helpers. The upper-level deck looks out over the enormous views and has space for dining, lounging, and a BBQ connected to the main gas lines - no more lugging tanks! The primary suite opens to a patio and grassy lawn area downstairs. The primary bath has a double sink vanity plus a massive walk-in shower lined with glass bricks for plenty of sunlight. Two more bedrooms fill out the rest of the lower level, along with a main bathroom, laundry room, and a small home gym or office space with direct outdoor access. Add in a wine storage room and plenty of closets. 25 Elizabeth Place is a relaxed, comfortable country home with luxe touches throughout.

Last Listed By

William Barrett

Vanguard Properties License #01917077 Listed on: 11/20/2023

Vanguard Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,001

Year Built

  • Built in 1998

Lot Details

  • 2.16 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Sprinkler System
  • Low Maintenance Yard

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Ridge
  • Mount Tamalpais
  • Hills
  • Forest
  • Valley
  • Park or Greenbelt

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,117 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Wine Rack

Flooring

  • Carpet
  • Radiant Floor
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • No Garage
  • Private Parking

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • No Cooling
  • Central Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include road
  • Inverness Ridge Association, Phone Number (415) 000-0000
  • Paradise Ranch Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 114-120-76

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,001

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Interior Amenities: Open Beam Ceiling
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Sir Francis Drake to Drake's View Drive to Elizabeth Place. Last house on the left.
  • Lot Size Acres: 2.1614
  • Stories: 2
  • Levels: Two
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dual Fuel, Electric Cook Top, Gas Cook Top, Gas Plumbed, Gas Water Heater, Hood Over Range, Tankless Water Heater
  • Number Of Fireplaces: 2
  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks, Radiant Heat, Shower Stall(s), Tile, Window
  • Master Bedroom Features: Closet, Ground Floor, Outside Access
  • Full Bathrooms: 3
  • Living Room Features: Cathedral/Vaulted, Deck Attached, Open Beam Ceiling, View
  • Flooring: Carpet, Concrete, Tile
  • Price Per Square Foot: 962.46
  • Square Footage: 3117.00
  • Bathroom Features: Radiant Heat, Tile, Tub w/Shower Over, Window
  • Bathrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom, Stone, Wood Burning
  • Kitchen Features: Breakfast Area, Granite Counter, Pantry Closet
  • Room Type: Dining Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Storage, Wine Storage Area
  • Lower Level: Bedroom(s), Full Bath(s)
  • Main Level: Dining Room, Kitchen, Living Room, Partial Bath(s), Street Entrance

Exterior Features

  • Construction Materials: Frame, Stucco
  • Foundation: Concrete, Slab
  • Lot Features: Auto Sprinkler F&R, Dead End, Low Maintenance, Secluded
  • Property Condition: Original
  • Roof: Composition, Shingle
  • Fencing: None
  • Patio And Porch Features: Front Porch, Uncovered Deck, Uncovered Patio
  • View: Forest, Hills, Mt Tamalpais, Ocean, Panoramic, Park, Ridge, Valley, Water, Woods

Garage/Parking

  • Parking Features: No Garage, Private, Uncovered Parking Space
  • Total Parking Spaces: 6.00
  • OpenParkingSpaces: 6.00
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System
  • Utilities: Cable Connected, Electric, Internet Available, Propane Tank Leased
  • Water Source: Public
  • Heating: Central, Fireplace(s), Hot Water, Propane, Radiant, Radiant Floor
  • Laundry Features: Cabinets, Dryer Included, Ground Floor, Inside Area, Sink, Washer Included

Association/Amenities

  • Association Features: None

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association Name: Inverness Ridge Association
  • Association Phone: (415) 000-0000

Fee Information

  • Association Fee Includes: Road

Schools

  • School District: Marin
  • Elementary School: Shoreline Unified
  • Middle School: Shoreline Unified
  • High School: Shoreline Unified
  • Middle/Junior School District: Shoreline Unified

Lot Info

  • Assessor Parcel Number: 114-120-76
  • Lot Size Sq Ft: 94151.00

Building Info

  • Year Built: 1998

MLS Schools

  • Senior High School District: Shoreline Unified
  • School District (County): Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
May 8, 2024
Sold by
Bond Living Trust and Bond Cornelius C
Bought by
Makler/Brock Trust and Makler
Seller's Agent
William Barrett
Vanguard Properties
Buyer's Agent
William Barrett
Vanguard Properties
List Price
$3,350,000
Sold Price
$3,000,000
Premium/Discount to List
-$350,000
-10.45%
Total Days on Market
174
Views
101
Current Estimated Value
$2,725,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274,607
Avg. Annual Appreciation
-7.43%
Original Mortgage
$2,100,000
Outstanding Balance
$2,087,103
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$700,872

Purchase Details

Closed on
Mar 21, 1996
Sold by
Bond Cornelius C
Bought by
Simon Margaret Bond and Bond Cornelius C

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
Makler/Brock Trust $3,000,000 First American Title
Simon Margaret Bond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makler/Brock Trust $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $3,000,000 -10.4% $962 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $3,350,000 -- $1,075 / 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
2024 $10,001 $754,223 $171,290 $582,933
2023 $9,816 $739,437 $167,932 $571,505
2022 $9,717 $724,940 $164,640 $560,300
2021 $8,564 $710,727 $161,412 $549,315
2020 $8,562 $703,440 $159,757 $543,683
2019 $8,117 $689,649 $156,625 $533,024
2018 $7,950 $676,128 $153,554 $522,574
2017 $7,752 $662,873 $150,544 $512,329
2016 $7,595 $649,876 $147,592 $502,284
2015 $7,585 $640,116 $145,375 $494,741
2014 $7,328 $627,579 $142,528 $485,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323926189

Bay Area Real Estate Information Services (BAREIS)

APN: 114-120-76