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1079 Erica Road

1079 Erica Road, Mill Valley, CA 94941
Property in Tam Valley
Sold Jun 25, 2021
$1,950,000
$1,267,500 by First Republic Bank
Mortgage Due Jul 01, 2051
Sold Apr 17, 2018
$1,360,000
1079 Erica Road has been categorized by the local assessors in Mill Valley, CA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1079 Erica Road has 1,475 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1079 Erica Road sold most recently in Jun 23, 2021 for a total of $1,950,000. If you work out the math, that's approximately a cost of $1,322.03 per sqft. Before that, the property was also sold for $1,360,000 in Apr 11, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $27,898 in taxes each year. 1079 Erica Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,044,578. If we break it down further, the land itself was valued at $1,352,520. Improvements to the property, however, were assessed at a total of $692,058. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Building Style: Contemporary
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,000
  • Total Building Area: 1,475
  • Gross Building Area: 1,475
  • Building Area: 1,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HILL 01
  • Land Acres: 0.528
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP 11 PG 61 LOT 22

Ownership

  • Current Owner : SVENDBERG AMY
  • Current Owner 2: CORLESS CASSIE
  • Previous Owner : BIRICH COOPER
  • Previous Owner 2: BORNEMAN LAURA
  • Owner Before Previous Owner: ADAMS KAREN M
  • Owner Before Previous Owner 2: THE KAREN M ADAMS REVOCABLE IN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tamalpais Union High School District
  • Census Tract: 128100

Geography

  • Subdivision Tract Number: 1
  • Parcel: 200-161-33
  • Lot: 22
  • Municipality: UNINCORPORATED
  • Latitude: 37.8838
  • Longitude: -122.545

    Address

  • Full Address: 1079 Erica Rd
  • Address - House Number: 1079
  • Address - Street Name: Erica
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Mill Valley
  • Carrier Code: C020
  • 4-Digit Zip Code: 3720
  • Zip Code: 94941

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,898
  • Tax Rate Code Area: 75-011

    Appraisal Valuation

  • Standard Deviation: 0.2683
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 61
  • Final Value: 2,100,308
  • High Value: 2,663,835
  • Low Value: 1,536,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,267,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $1,267,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,044,578
  • Assessed Land Value: $1,352,520
  • Assessed Improvements Value: $692,058

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11841097568
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0042194
  • Previous Sale Recording Date: Apr 17, 2018
  • Previous Sale Contract Date: Apr 11, 2018
  • Previous Sale Amount: $1,360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $1,267,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Tam Valley



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Frequently Asked Questions

What neighborhood is 1079 Erica Road located in?
The 1079 Erica Road is a located in the neighborhood of Tam Valley in Tam Valley, Mill Valley.
What is the average sales price for listings in 1079 Erica Road?
The average sales price for units in 1079 Erica Road is $0 currently.

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