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.
Closed
Tax assessed value
$1,725,000
503 Palma Way, Mill Valley, CA 94941
3beds
1,844sqft
Single Family Residence
Built in 1967
0.28 Acres Lot
$2,039,800 Zestimate®
$935/sqft
$6,667 Estimated rent
Home value
$2,039,800
$1.88M - $2.24M
$6,667/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Moeller + Donalds Team DRE #01908387 415-326-6341,
Coldwell Banker Realty 415-388-5060,
Joshua Deitch DRE #01902477 415-572-5433,
Coldwell Banker Realty
Bought with:
Aviva L Kamler
Sotheby's International Realty
Source: BAREIS,MLS#: 324047158
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Outside Access, Walk-In Closet(s)
Bedroom
- Level: Main
Primary bathroom
- Features: Shower Stall(s), Tile
Bathroom
- Features: Shower Stall(s), Tile, Tub w/Shower Over
- Level: Main
Dining room
- Features: Formal Room
- Level: Main
Kitchen
- Features: Breakfast Area, Granite Counters, Kitchen Island, Island w/Sink, Pantry Cabinet, Pantry Closet, Quartz Counter, Space in Kitchen
- Level: Main
Living room
- Features: Cathedral/Vaulted, Deck Attached, Skylight(s)
- Level: Main
Heating
- Central, Gas, Natural Gas
Cooling
- None
Appliances
- Included: Built-In Electric Range, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Gas Cooktop, Range Hood, Ice Maker, Wine Refrigerator, Dryer, Washer
- Laundry: Laundry Closet
Features
- Open Beam Ceiling
- Flooring: Carpet, Simulated Wood, Tile, Wood
- Windows: Skylight(s)
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Gas Log, Insert
Interior area
- Total structure area: 1,844
- Total interior livable area: 1,844 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached, Garage Door Opener, Garage Faces Front, Side By Side, Uncovered Parking Spaces 2+, Paved
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Uncovered Courtyard
- Spa features: In Ground
- Fencing: Masonry,Partial,Wood
- Has view: Yes
- View description: Hills
- Waterfront features: Stream Seasonal
Lot
- Size: 0.28 Acres
- Features: Cul-De-Sac, Landscaped, Landscape Front, Private
Details
- Additional structures: Shed(s)
- Parcel number: 04904611
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Mid-Century,Ranch,Spanish
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Wood
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Year built: 1967
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public, See Remarks
- Utilities for property: Internet Available, Public
Green energy
- Energy efficient items: Water Heater
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
Location
- Region: Mill Valley
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $1,725,000-1.4%$935/sqft |
Source:  BAREIS #324047158 Report a problem | ||
| 7/13/2024 | Pending sale | $1,750,000$949/sqft |
Source: BAREIS #324047158 Report a problem | ||
| 7/2/2024 | Contingent | $1,750,000$949/sqft |
Source: BAREIS #324047158 Report a problem | ||
| 6/15/2024 | Listed for sale | $1,750,000+31.7%$949/sqft |
Source: BAREIS #324047158 Report a problem | ||
| 7/20/2015 | Sold | $1,329,000+10.8%$721/sqft |
Source: BAREIS #21513083 Report a problem | ||
| 6/2/2015 | Listed for sale | $1,199,000+23.2%$650/sqft |
Source: Decker Bullock Sotheby's International Realty #21513083 Report a problem | ||
| 10/26/2012 | Sold | $973,000+166.6%$528/sqft |
Source: Public Record Report a problem | ||
| 5/24/1996 | Sold | $365,000$198/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,484 +8.7% | $1,725,000 +12.3% |
| 2024 | $23,440 +7.2% | $1,536,581 +2% |
| 2023 | $21,865 +5.6% | $1,506,459 +2% |
| 2022 | $20,700 -0.3% | $1,476,922 +2% |
| 2021 | $20,756 +1.5% | $1,447,965 +1% |
| 2020 | $20,446 +3.4% | $1,433,124 +2% |
| 2019 | $19,772 -1.8% | $1,405,028 +2% |
| 2018 | $20,142 -1.1% | $1,377,489 +2% |
| 2017 | $20,369 +8.2% | $1,350,480 +2% |
| 2016 | $18,817 +70.6% | $1,324,000 +95.4% |
| 2015 | $11,033 +3.8% | $677,543 +2% |
| 2014 | $10,625 | $664,271 +0.5% |
| 2013 | -- | $661,271 +37% |
| 2012 | -- | $482,730 +2% |
| 2011 | -- | $473,266 +0.8% |
| 2010 | -- | $469,729 -0.2% |
| 2009 | -- | $470,846 +2% |
| 2008 | -- | $461,615 +2% |
| 2007 | -- | $452,567 +2% |
| 2006 | -- | $443,694 +2% |
| 2005 | -- | $434,996 +2% |
| 2004 | -- | $426,469 +1.9% |
| 2003 | -- | $418,655 +2% |
| 2002 | -- | $410,446 +2% |
| 2001 | -- | $402,401 |
Find assessor info on the county website
Neighborhood: Tamalpais Valley
Nearby schools
GreatSchools rating
- 10/10Tamalpais Valley Elementary SchoolGrades: K-5Distance: 0.9 mi
- 9/10Mill Valley Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Tamalpais High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Mill Valley
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,039,800
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Estimated market value
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