NOT LISTED FOR SALE

438 Wellesley Ave Mill Valley, CA 94941

Almonte Neighborhood

Estimated Value: $2,855,000 - $4,075,654

5 Beds
5.5 Baths
4,280 Sq Ft
$854/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $4,052,000 $947 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $24,700/month

44 Days on Market

Highlights

  • 0.54 Acre Lot
  • Fireplace in Primary Bedroom
  • 3 Car Attached Garage
  • Mill Valley Middle School Rated A
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of November 2022

Picture yourself living on one of the best lots in Marin Half Acres Homes! This two story home plus a detached studio cottage is truly made for both entertaining and everyday living, with plenty of space and fabulous views. Enjoy a fantastic floor plan, high ceilings, four fireplaces, three-car attached garage, and a big backyard. The first floor includes 3 bedrooms and 2.5 bathrooms, second floor includes the primary suite, above the garage is a bonus room with an en-suite bathroom (think home office, gym, game room, theater, etc.), and there is a detached studio cottage. Near Tam Junction with local neighborhood favorites (Good Earth Natural Foods, Equator Coffees, Red Whale Coffee, Hook Fish Co, Pizza Hacker, The Junction Beer Garden and Bottle Shop, Proof Lab), Golden Gate Transit, Golden Gate National Recreation Area Tennessee Valley, Tamalpais High School, and Mount Tamalpais School.

Last Listed By

Faber Real Estate Team

Compass License #01913767 Listed on: 09/20/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,171

Year Built

  • Built in 1954

Lot Details

  • 0.54 Acre Lot

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Uncovered Parking

Home Design

  • Side-by-Side

Interior Spaces

  • 4,280 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 050-062-13

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,171

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Shoreline Hwy 1, Pine Hill Rd, Median Way, Wellesley Ave.
  • Lot Size Acres: 0.5372
  • Stories: 2
  • Levels: One
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 4
  • Bedrooms: 5
  • Half Bathrooms: 1
  • Full Bathrooms: 5
  • Price Per Square Foot: 946.73
  • Square Footage: 4280.00
  • Bathrooms: 6
  • Fireplace Features: Family Room, Gas Piped, Living Room, Primary Bedroom, Wood Burning
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Living Room, Partial Bath(s)

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage Facing Front, Garage Facing Side, Side-by-Side, Uncovered Parking Spaces 2+
  • Total Parking Spaces: 12.00
  • Garage Spaces: 3.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: Dryer Included, Hookups Only, In Garage, Washer Included

Lot Info

  • Assessor Parcel Number: 050-062-13
  • Lot Size Sq Ft: 23400.00

Building Info

  • Year Built: 1954

Multi Family

  • Second Unit Bedrooms: 0
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 11, 2022
Sold by
West Michael D
Bought by
Meredith Alexis and Meredith James
Seller's Agent
Faber Real Estate Team
Compass
Buyer's Agent
Jason Holmes
Holmes Burrell Real Estate
List Price
$3,850,000
Sold Price
$4,052,000
Premium/Discount to List
$202,000
5.25%
Total Days on Market
44
Views
14
Current Estimated Value
$3,653,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$398,586
Avg. Annual Appreciation
-2.34%
Original Mortgage
$2,452,346
Outstanding Balance
$2,355,235
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,468,096

Purchase Details

Closed on
Oct 8, 2013
Sold by
Lowenstein Michael Gordon and Lowenstein Sara Court
Bought by
West Michael D and Chapman Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,676,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2002
Sold by
Duerner Valerie Jean and Duerner Wendy Marie
Bought by
Duerner Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Duerner Catherine D
Bought by
Lowenstein Michael Gordon and Lowenstein Sara Court

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 3, 2002
Sold by
Duerner Rickey E and Duerner David C
Bought by
Duerner David C and Duerner Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Duerner David C
Bought by
Duerner David C

Purchase Details

Closed on
May 11, 1998
Sold by
Duerner David C
Bought by
Duerner David C and Duerner Catherine D

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
Meredith Alexis $4,052,000 Fidelity National Title
West Michael D $2,095,000 Stewart Title Of Ca Inc
Duerner Catherine D -- First American Title Co
Lowenstein Michael Gordon $841,000 First American Title Co
Duerner Catherine D -- First American Title Co
Duerner Catherine D -- First American Title Co
Duerner Catherine D -- First American Title Co
Duerner David C -- --
Duerner David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Alexis $2,452,346
Previous Owner West Michael D $1,617,026
Previous Owner West Micheal D $250,000
Previous Owner West Michael D $1,676,000
Previous Owner West Michael D $1,676,000
Previous Owner Lowenstein Michael Gordon $260,900
Previous Owner Lowenstein Michael G $298,400
Previous Owner Lowenstein Michael Gordon $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $4,052,000 +5.2% $947 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $3,850,000 -- $900 / 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 $52,171 $4,127,940 $2,748,900 $1,379,040
2023 $52,296 $4,047,000 $2,695,000 $1,352,000
2022 $33,692 $2,441,131 $1,732,680 $708,451
2021 $33,001 $2,393,285 $1,698,720 $694,565
2020 $32,689 $2,368,749 $1,681,305 $687,444
2019 $31,633 $2,322,320 $1,648,350 $673,970
2018 $30,802 $2,276,799 $1,616,040 $660,759
2017 $29,913 $2,232,166 $1,584,360 $647,806
2016 $27,599 $2,188,399 $1,553,295 $635,104
2015 $27,137 $2,135,838 $1,529,970 $605,868
2014 $26,196 $2,094,000 $1,500,000 $594,000
Source: Public Records

Agents Affiliated with this Home

  • Faber Real Estate Team

    Seller's Agent in 2022

    Faber Real Estate Team

    Compass

    (415) 686-4980

    4 in this area

    250 Total Sales

    Faber Real Estate Team
    Section Image
  • Jason Holmes

    Buyer's Agent in 2022

    Jason Holmes

    Holmes Burrell Real Estate

    (415) 686-0589

    4 in this area

    158 Total Sales

    Jason Holmes
    Section Image
See All Agents

Map

Similar Home in Mill Valley, CA

  • 419 Marin Ave, Mill Valley, CA 94941

    $3,995,000

    • 6 Beds
    • 6 Baths
    • 4,257 Sq Ft
    • 419 Marin Ave
    • Mill Valley, CA

    This exquisitely renovated California Modern Residence + carriage house is a love letter to light & clean lines. This home offers more than its effortless elegance w/ extensive recent system renovations. Perched a stone's throw to the happening flats of Tam Valley on a serene sunny knoll this retreat enjoys views from the tip of Mt Tam to Tiburon. Impressive 17,179 sf grounds w/ expansive

    Rose De Angelo Compass

    Section Image
See All Homes in Mill Valley

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322085663

Bay Area Real Estate Information Services (BAREIS)

APN: 050-062-13

California Marin County Mill Valley 94941 Almonte

438 Wellesley Ave, Mill Valley, CA

Homes for Sale in Mill Valley, CA

This home is located at 438 Wellesley Ave, Mill Valley, CA 94941 since 20 September 2022 and is currently estimated at $3,653,414, approximately $853 per square foot. This property was built in 1954. 438 Wellesley Ave is a home located in Marin County with nearby schools including Mill Valley Middle School, Tamalpais High School, and Marin Horizon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.