503 Palma Way, Mill Valley, CA 94941 Property Records

Marin County property record for 503 Palma Way, Mill Valley, CA 94941

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,796 sqft · built 1967
Lot Size	0.284 acres (12,360 sqft)
Owner	2 Individual Names on File
Last Sale	$1,725,000 (Aug 2024)
Tax Bill	$25,483 (2025)
Deeds & Mortgages	Oct 2017 Mortgage Jun 2022 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`049-046-11`

Property Details

APN / Parcel Number

Primary APN	`049-046-11`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	1,796 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1967
Effective Year Built	Effective 1985
Architectural Style	Contemporary
Lot Area	12,360 sqft (0.284 acres)
Garage Area	441 sqft
Parking Spaces	2 Parking Spaces
Deck Area	738 sqft
Patio Area	933 sqft

Utilities, Heating & Cooling

Heating System	Central

Location & Zoning

Street Address	503 PALMA WAY
City	MILL VALLEY
State	CA
Zip	94941-3736
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	MAP E6 606
Legal Subdivision	TAMALPAIS VLY 04
Legal Block	1
Legal Lot Number	59,60
Jurisdiction	MARIN CA
Township / Civil Division	SOUTHEAST MARIN
Census Block Group	2
Census Block	2011
Census Tract	128100

Owner

503 Palma Way is owned and occupied by two individuals who bought it in August 2024.

Source: Marin County records, as of July 13, 2026

Owner of Record	2 Individual Names on File
Mailing Address	503 PALMA WAY, MILL VALLEY, CA 94941-3736
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Community Property

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 18, 2017	Deed of Trust, Mortgage · Conventional Mortgage MUFG UNION BANK NA
Jun 1, 2022	Deed of Trust, Mortgage · Line of Credit SPRING EQ LLC
Nov 19, 2018	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 1, 2024 · Amount on File
Deed Sale	Aug 1, 2024 · Amount on File
Prior Sale	Jul 20, 2015 · Amount on File
Deed Document Number	202421680
Prior Transfer Date	Nov 16, 2018
Prior Transfer Doc	0000039741
Record Updated	Oct 29, 2026

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARIN CA
Property Address	503 PALMA WAY, MILL VALLEY, CA 94941-3736
Transaction Type	Mortgage
Record Updated	Jul 21, 2022
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000041268
Date	Oct 18, 2017
Instrument	2017-0041268

Lender

Name	MUFG UNION BANK NA
Type	Bank
Address	SAN DIEGO, CA 92121

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	481 Months
Due	Nov 1, 2057

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARIN CA
Property Address	503 PALMA WAY, MILL VALLEY, CA 94941-3736
Transaction Type	Mortgage
Record Updated	Jul 21, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 PALMA WAY, MILL VALLEY, CA 94941-3736

Mortgage

Document Number	0000021744
Date	Jun 1, 2022
Instrument	2022-0021744

Lender

Name	SPRING EQ LLC
Type	Mortgage Company
Address	PHILADELPHIA, PA 19104

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	359 Months
Due	May 25, 2052

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

November 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARIN CA
Recording Date	Nov 19, 2018
Property Address	503 PALMA WAY, MILL VALLEY, CA 94941-3736
Document Number	0000039741
Instrument Date	Nov 16, 2018
Instrument	39741
Transaction Type	Transfer
Record Updated	Dec 3, 2018

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	503 PALMA WAY MILL VALLEY CA 949413736, MILL VALLEY, CA 94941-3736

Tax Assessment & Valuation

The 2025 property tax bill for 503 Palma Way was $25,483.

Source: Marin County assessment roll, as of July 13, 2026

Property Jurisdictions

Type	Name
State	California
County	Marin County
Elementary School District	Mill Valley Elementary School District (KG - 08)
Secondary School District	Tamalpais Union High School District (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$1,759,500 (+2%) Land $1,020,000 Building $739,500
2025	$25,483.00	$1,725,000 Land $1,000,000 Building $725,000
2023	$21,864.00 (+5.63%) Homeowner's exemption	$1,506,459 Land $967,138 Building $539,321
2022	$20,699.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 503 Palma Way in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective October 18, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	6 in force
Nearby Flood Claims	6 (1982–2019)
Claims Outside the SFHA	3 of 6
Most Recent Claim	Feb 2019 · Severe Winter Storms, Flooding, Landslides, And Mudslides
Claims by Event	Coastal Storms, Floods, Slides & Tornadoes, Mar 1983 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 503 Palma Way is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 88% of California
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MARIN MUNICIPAL WATER DISTRICT serves 188,116 people · EPA ID CA2110002
Water Source	Surface water
Last State Inspection	Aug 2023
Lead	Under 1 ppb (2019–2021) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 589 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Unwired Fixed Wireless	300 / 25
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: Verizon.

Cell Coverage

4G LTE (outdoors only), no 5G reported

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