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503 Palma Way, Mill Valley, CA 94941

$1,974,200

Last sold 07/12/2024 for $1.72M

3
bed
2
bath
1,844
Sqft ($935/Sqft)

House not for sale

About 503 Palma Way

Property type House

Neighborhood

Year built 1967

HOA fee $0/month

Lot size 0.28 Acre

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Located on a private cul de sac in Tam Valley, this Mediterranean style single level home exudes charm and warmth. Entering through the front door, a covered breezeway with an attached 2 car garage leads to an inviting and spacious courtyard complete with an in ground jetted hot tub. This courtyard is the heart of the home and provides amazing indoor/outdoor flow from the living room perfect for entertaining and relaxation. The main living space has a gas fireplace and beautiful vaulted ceilings and skylights providing a great sense of space. Abundant natural light streams through the many windows and glass doors throughout the open floor plan. You are then invited to the dining room and gourmet kitchen sure to please any chef. From the kitchen a hallway leads to the primary suite, two additional bedrooms and a full bath. Extensive improvements and upgrades were recently completed to include new flooring, landscaping and full interior/exterior painting. The back porch and great sized flat yard are peaceful and serene with gorgeous views. This home truly has it all while being conveniently located to 101, trails, amenities and beaches.

Listed by

Listing Agent - Moeller + Donalds Team

Listing Office - Coldwell Banker Realty

Source: BAREIS

MLS#324047158 • last updated 2 years ago

Movoto checked BAREIS for data 12 minutes ago

Overview
Cooling/AC	None
Heating	Central, Gas, Natural Gas
Levels/Style	1, One, Mediterranean, Mid-Century, Ranch, Spanish
SqFt	1844
SubType	Detached, Single Family Residence
Type	Residential
Year Built	1967
MLS #	324047158
Status	Closed
On Market Date	2024-06-15
Lot Size (Acres)	0.2837
Lot Size (SqFt)	12358
Condition	Updated/Remodeled

Interior
# Full Baths	2
Total # of Bathrooms	2
Primary Bathroom	Shower Stall(s), Tile
Primary Bedroom	Outside Access, Walk-In Closet
Bathrooms	Shower Stall(s), Tile, Tub W/Shower Over
Total # of Bedrooms	3
Living Room	Cathedral/Vaulted, Deck Attached, Skylight(s)
Kitchen	Breakfast Area, Granite Counter, Island, Island W/Sink, Pantry Cabinet, Pantry Closet, Quartz Counter
Basement	Partial
Dining Room	Formal Room, Space In Kitchen
Other Rooms	Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Wine Storage Area
Laundry	Dryer Included, Laundry Closet, Washer Included
Flooring	Carpet, Simulated Wood, Tile, Wood
Appliances	Built-In Electric Range, Dishwasher, Disposal, Double Oven, Free Standing Refrigerator, Gas Cook Top, Hood Over Range, Ice Maker, Wine Refrigerator
Fireplace Desc	Gas Log, Insert
Interior Features	Open Beam Ceiling

Exterior
Roof	Composition, Shingle
Foundation	Concrete Perimeter
Construction	Frame, Stucco, Wood
# Garage Spaces	2
# Parking Spaces	4
Parking	Attached, Detached, Garage Door Opener, Garage Facing Front, Side-by-Side, Uncovered Parking Spaces 2+
Other Structures	Shed(s)
Drive/ Sidewalk	Paved Driveway
Fencing	Masonry, Partial, Wood
Lot Desc	Cul-De-Sac, Landscape Back, Landscape Front, Private, Stream Seasonal
Patio/ Porch	Uncovered Deck, Uncovered Patio

Amenities / Utilities
Utilities	Internet Available, Public
Electricity	220 Volts
Sewer/ Septic	Public Sewer
Green Features: Energy Efficient	Water Heater
Water Source	Public, See Remarks
Pool	No
Miscellaneous	Uncovered Courtyard
Security Features	Carbon Mon Detector, Security System Owned, Smoke Detector
Spa	Spa/Hot Tub Built-In, Yes

Location
View(s)	Hills
Area	Mill Valley
County	Marin
Elementary School District	Mill Valley
Middle School District	Mill Valley
APN	049-046-11

Multifamily Details

$1.97M

Range: $1.77M-$2.17M

Last 30 days

Rental est.: $12,090/month

• Gross rent multiplier: 11.9

Lower your payment with the loan terms that fit you.

Year Property taxes Tax assessment
2024
$21,715 -0.7%

$1,536,581 +2.0%
2023
$21,865 +5.6%

$1,506,459 +2.0%
2022
$20,700 -0.3%

$1,476,922
2021
$20,756 +1.5%

$1,476,922 +3.06%
2020
$20,446 +3.4%

$1,433,124
2019
$19,772 -1.8%

$1,433,124 +2.0%
2018
$20,142 -1.1%

$1,405,028 +2.0%
2017
$20,369 +8.2%

$1,377,489 +2.0%
2016
$18,817 +70.6%

$1,350,480
2015
$11,033

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503 Palma Way
$1.72M
Tamalpais Valley
$1.57M -11% y/y
94941
$1.72M -3% y/y
Mill Valley
$1.72M -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
507 Palma Way, Mill Valley, CA 94941	$2,009,100	5/2	2,672	0.01
544 Browning St, Mill Valley, CA 94941	$3,499,000	4/4	2,907	0.02
502 Palma Way, Mill Valley, CA 94941	$2,474,300	4/2	2,068	0.03
506 Palma Way, Mill Valley, CA 94941	$1,208,100	2/1	895	0.03
542 Browning St, Mill Valley, CA 94941	$1,865,100	4/—	1,865	0.03
560 Shoreline Hwy, Mill Valley, CA 94941	$1,196,700	2/1	852	0.03
510 Palma Way, Mill Valley, CA 94941	$1,877,500	3/—	1,731	0.03
514 Palma Way, Mill Valley, CA 94941	$1,730,500	3/2	1,753	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.