NOT LISTED FOR SALE

1 Creekside Way Mill Valley, CA 94941

Estimated Value: $1,059,000 - $1,340,000

72 Beds
3 Baths
38,519 Sq Ft
$30/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $18,000,000 $467 Per Sq Ft

Current estimated payment $7,288/month

148 Days on Market

Highlights

  • Engineered Wood Flooring
  • Garden View
  • Fireplace
  • Mill Valley Middle School Rated A
  • 46 Car Garage
  • Central Heating

About This Home

As of April 2019

**NOTE** Sale includes APNs 034-340-01 through 034-340-24 and -26, -28 and -30 (27 total APNs). Project was built with separate APNs but not converted to condominiums. No formation of HOA or filing with the State. Has been operated as apartments since built.

Last Agent to Sell the Property

Joby Tapia

Compass Commercial License #01307460 Listed on: 11/05/2018

Compass Commercial

Last Buyer's Agent

Dirck Brinckerhoff

HL Commercial Real Estate License #00657732

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 1,481

Parking

  • 46 Car Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Slab Foundation
  • Bitumen Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 38,519 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Garden Views
  • Fire Suppression System
  • Laundry in unit

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Utilities

  • Central Heating
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • 24 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 034-340-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

46

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Three, Two
  • Year Built: 1989
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, LVYN, Simulated Wood, Tile, Wood
  • Laundry Features: In Each Unit
  • Price Per Square Foot: 467.30
  • Square Footage: 38519.00

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation: Concrete Perimeter, Slab
  • Roof: Bitumen
  • View: Garden/Greenbelt

Garage/Parking

  • Garage Spaces: 46.00
  • Parking Features: Attached, Detached, Garage, Street, Uncovered
  • Number Of Guest Spaces: 10

Utilities

  • Heating: Central, Fireplace(s)
  • Security Features: Fire Suppression System
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Connected, PGEE
  • Water Source: Public

Fee Information

  • Utilities Expenses: 9065

Lot Info

  • Assessor Parcel Number: 034-340-12
  • Lot Size Units: Acres
  • Special Zones: Seismic Zone 4

Rental Info

  • Lease Term: YRLS,MTOM
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 24

Multi Family

  • Gross Rent Multiplier: 17.79
  • Three Bedroom Annual Occupancy: 98
  • Three Bedroom Rent Range: $3,355 - $4,695
  • Number Of3 Bedrooms Occupied: 24
  • Number of 3 Bedroom Units: 24
  • Separate Meters: Electricity, Gas, Water

MLS Schools

  • School District: Mill Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Dm Jacobson & Sons Inc and Woodside Holdings Lp
Bought by
Creekside Homes Xi Llc
Current Estimated Value
$1,167,569

Purchase Details

Listed on
Nov 5, 2018
Closed on
Apr 24, 2019
Sold by
Central Valley Homs Inc
Bought by
D M Jacobson & Sons Inc
Seller's Agent
Joby Tapia
Compass Commercial
Buyer's Agent
Dirck Brinckerhoff
HL Commercial Real Estate
List Price
$18,000,000
Sold Price
$18,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.56%

Purchase Details

Closed on
Nov 10, 2006
Sold by
Watson Rona L and Meleanek Rona L
Bought by
Arano Amelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Creekside Homes Xi Llc -- None Listed On Document
D M Jacobson & Sons Inc $18,000,000 Stewart Title Of Ca Inc
Arano Amelia $665,000 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $18,000,000 0.0% $467 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
11/05/2018 11/05/18 For Sale $18,000,000 -- $467 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,250 $892,400 $446,200 $446,200
2024 $13,789 $874,904 $437,452 $437,452
2023 $13,541 $857,752 $428,876 $428,876
2022 $13,115 $840,936 $420,468 $420,468
2021 $12,897 $824,448 $412,224 $412,224
2020 $12,967 $816,000 $408,000 $408,000
2019 $12,928 $823,098 $350,490 $472,608
2018 $12,435 $806,960 $343,618 $463,342
2017 $11,994 $791,137 $336,880 $454,257
2016 $11,136 $754,000 $324,000 $430,000
2015 $9,739 $675,000 $300,000 $375,000
2014 $8,668 $724,868 $318,942 $405,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 21828753

San Francisco Association of REALTORS®

APN: 034-340-12