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516 Brookline Avenue

516 Brookline Avenue, Mill Valley, CA 94941
Property in Tam Valley
Sold Apr 30, 1997
$425,000
$558,000 by Mortgage Services Iii Llc
Mortgage Due Sep 01, 2042
516 Brookline Avenue 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 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 516 Brookline Avenue has 1,701 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 10,000 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 399 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 516 Brookline Avenue sold most recently in Apr 15, 1997 for a total of $425,000. If you work out the math, that's approximately a cost of $249.85 per sqft. 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 $13,454 in taxes each year. 516 Brookline Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $725,601. If we break it down further, the land itself was valued at $447,257. Improvements to the property, however, were assessed at a total of $278,344. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1952
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 119
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,701
  • Gross Building Area: 1,701
  • Building Area: 1,701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,701
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LITTLE CITY FRAMES
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L13* B2 /B5P6 M LITTLE CITY FARMS

Ownership

  • Current Owner : PELO JEFFREY MATTHEW
  • Current Owner 2: PELO LISA GAYE
  • Previous Owner : HORNER KRISTIN F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 049-062-04
  • Lot: 13
  • Municipality: UNINCORPORATED
  • Latitude: 37.8832
  • Longitude: -122.543

    Address

  • Full Address: 516 Brookline Ave
  • Address - House Number: 516
  • Address - Street Name: Brookline
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Mill Valley
  • Carrier Code: C024
  • 4-Digit Zip Code: 3704
  • Zip Code: 94941

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,454
  • Tax Rate Code Area: 75-009

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 1,959,352
  • High Value: 2,452,055
  • Low Value: 1,466,648

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $708,000
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: Aug 28, 2012
  • First Open Lien Mortgage Loan Amount: $558,000
  • 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: Sep 01, 2042
  • Second Open Lien Mortgage Lender: BANK OF MARIN
  • Second Open Lien Mortgage Recording Date: Nov 20, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $725,601
  • Assessed Land Value: $447,257
  • Assessed Improvements Value: $278,344

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 1997
  • Current Sale Recording Date: Apr 30, 1997
  • Current Sale Transaction ID: 1036951542
  • Current Sale Price: $425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-022432

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SVG BANK
  • First Mortgage Transaction Date: Apr 30, 1997
  • First Mortgage Loan Amount: $318,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Tam Valley



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Frequently Asked Questions

What neighborhood is 516 Brookline Avenue located in?
The 516 Brookline Avenue is a located in the neighborhood of Tam Valley in Tam Valley, Mill Valley.
What is the average sales price for listings in 516 Brookline Avenue?
The average sales price for units in 516 Brookline Avenue is $0 currently.

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