Corte Madera 94925 · APN 038-274-01 · Corte Madera
Since — within ½ mile: 3 homes completed, 1 permitted.
4 projects with a record in this window, grouped by us from permits and State housing reports. Units are as proposed on each project's latest record and counted at its current stage.
No permit activity recorded within ½ mile.
$2,009,000
Benchmark range: $1,708,000 – $2,310,000
Public-records benchmark estimate combining Zillow Home Value Index (Data provided by Zillow), Census ACS 5-year estimates, parcel land-use/lot characteristics, and issued building permits. Not an official appraisal.
We don't have building permits for Corte Madera, so we can't show what has been permitted nearby.
Permit counts, by the date issued (or applied, if not yet issued). Lot splits are planning cases, which we don't have.
We read public zoning and hazard maps against state law (ADUs: Gov. Code 66314; SB 9: Gov. Code 65852.21 and 66411.7). Local rules, title, tenancy history and site conditions can change the answer. Check with Corte Madera's planning department before relying on it.
Sources: County of Marin GIS (MarinMap), Zoning (11 cities and unincorporated Marin) (retrieved Oct 30, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the State Responsibility Area (effective 2024-04-01) (retrieved Oct 26, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the Local Responsibility Area (map dated 2025-03-24) (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — flood hazard zones (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — FIRM panels (retrieved Oct 26, 2026) · California Geological Survey, Alquist-Priolo Earthquake Fault Zones (retrieved Oct 26, 2026) · Zoning classes: our classification of R-1 as single-family residential, from the code's name only
Chronological history of building permit applications and issuances, snapshot-dated status changes, State housing entitlements, surrounding development within ½ mile, and area home-value trends.
In "Entitled" for 8.1 yr (since Sep 18, 2018), with no new permit record in 8.1 yr. · 1 unit
In "Entitled" for 5.9 yr (since Nov 25, 2020), with no new permit record in 5.9 yr. · 1 unit
Permit issued and active for 5.3 yr (first record Jul 7, 2021), with no completion or new permit record in 5.3 yr. · 1 unit
Permit issued and active for 5 yr (first record Oct 18, 2021), with no completion or new permit record in 5 yr. · 1 unit
Permit issued and active for 4.9 yr (first record Nov 22, 2021), with no completion or new permit record in 4.9 yr. · 1 unit
Permit issued and active for 3.8 yr (first record Dec 28, 2022), with no completion or new permit record in 3.8 yr. · 1 unit
Latest published Zillow Home Value Index (ZHVI) update
Changed from $1,694,369 in September 2025 to $1,871,927 in September 2026.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94925 (not a parcel appraisal)
Annual ZIP 94925 home-value index checkpoint
Changed from $1,752,400 in September 2024 to $1,694,369 in September 2025.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94925 (not a parcel appraisal)
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Annual ZIP 94925 home-value index checkpoint
Changed from $1,718,012 in September 2023 to $1,752,400 in September 2024.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94925 (not a parcel appraisal)
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Annual ZIP 94925 home-value index checkpoint
Changed from $1,788,112 in September 2022 to $1,718,012 in September 2023.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94925 (not a parcel appraisal)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
1 unit
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Cross-referenced intelligence from our historical development graph—connecting parcels, permits, entity-resolved builders, empirical review-time distributions, and neighborhood renovation trends.
Explore full Corte Madera development graph →Active in "Entitled" for 8.1 yr (first record Sep 18, 2018) with no new permit activity recorded in 8.1 yr.
Active in "Issued" for 2.7 yr (first record Feb 7, 2024) with no new permit activity recorded in 2.7 yr.
Active in "Issued" for 4.9 yr (first record Nov 22, 2021) with no new permit activity recorded in 4.9 yr.
Active in "Entitled" for 3.5 yr (first record May 8, 2023) with no new permit activity recorded in 3.5 yr.
Active in "Issued" for 5 yr (first record Oct 18, 2021) with no new permit activity recorded in 5 yr.
Active in "Entitled" for 5.9 yr (first record Nov 25, 2020) with no new permit activity recorded in 5.9 yr.
HUD Small Area Fair Market Rent · ZIP 94925
HUD FY 2026 · 40th-percentile gross rentCensus ACS 5-year median gross rent (all bedroom counts combined):
Area home-value benchmarks (not an appraisal)
ZIP & neighborhood mediansUnder California Proposition 13, the seller's historical assessed value does not carry over to a buyer. On sale, the parcel is reassessed at the purchase price: 1.00% base rate ($20,100/yr) + local voter-approved bond debt ($3,015/yr) + fixed direct levies/Mello-Roos ($450/yr).
Mapped hazard zone insurance context on this parcel:
−$107,497/yr
Cash needed: $442,200
NOI: $14,467/yr
P&I: $10,164/mo
For $0/mo net cash flow
At $4,450/mo rent
| Scenario | Assumptions | Year 1 Rent | Year 1 Cash Flow | Cash-on-Cash | Break-Even Rent | Year 5 Cash Flow |
|---|---|---|---|---|---|---|
| Conservative | −8% starting rent, +3% vacancy, +3% combined maintenance/CapEx, 1.5%/yr rent growth | $4,094/mo | −$9,469/mo | -25.7% | $17,312/mo | −$9,477/mo |
| Base (your inputs) | Your entered assumptions, 3.0%/yr rent growth | $4,450/mo | −$8,958/mo | -24.3% | $16,024/mo | −$8,713/mo |
| Optimistic (cap-limited) | +6% starting rent, 3% vacancy, 4.5%/yr rent growth (capped by AB 1482 ceiling of 8.6%/yr) | $4,717/mo | −$8,665/mo | -23.5% | $15,652/mo | −$8,132/mo |
Rental regulatory context (informational only — not legal advice):
California AB 1482 (Tenant Protection Act, Civ. Code § 1947.12) caps annual rent increases at 5% + local CPI (max 10%) on covered properties.
Finaled / completed1 unitsJun 4, 2019 – Aug 19, 2021
Entitled1 unitsSep 18, 2018 – Sep 18, 2018
We group related permits and State housing reports into projects. That grouping is our inference, not an official record.
No building permits are recorded for this parcel since 2016.
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel (APN) · Retrieved Oct 30, 2026 · Received and issued dates come from the County of Marin. The county publishes no final or expired status, so an issued permit stays 'Issued' after the work is done.
| Report year | Project / record | Type | Entitled | Permitted | Completed | Deed-restricted |
|---|---|---|---|---|---|---|
| 2021 | Detached ADU(BL-2018-0617) | ADU · Owner | — | — | 1 (Aug 19, 2021) | — |
| 2019 | —(BL-2018-0617) | ADU · Renter | — | 1 (Jun 4, 2019) | — | — |
| 2018 | —(PL-2018-0016) | ADU · Renter | 1 (Sep 18, 2018) | — | — | — |
Source: California HCD, Housing Element Annual Progress Report — Table A2 · Geography: project (parcel) · Retrieved Oct 26, 2026 · From Corte Madera's Housing Element Annual Progress Reports. A project can appear in several report years as it moves from entitlement to permit to completion.
Source: County of Marin GIS (MarinMap), Zoning (11 cities and unincorporated Marin) · Geography: zoning district polygon at parcel point · Retrieved Oct 30, 2026
0.34 acres
Assessor's classification for assessment purposes. This is not zoning.
159 PRINCE ROYAL DR; 159 PRINCE ROYAL DR A
Source: County of Marin GIS (MarinMap), Parcels · Geography: parcel · Retrieved Oct 30, 2026
Search by parcel number 038-274-01. Assessed value is not market value.
Search by parcel number 038-274-01 (Marin County Tax Collector)
Permits issued in unincorporated Marin in the past 48 months. Each city keeps its own records.
The official flood hazard map for this location. Our reading of it is under What could be built here.
This site does not show owner names.