NOT LISTED FOR SALE
10 Beds
-- Bath
4,144 Sq Ft
6,930 Sq Ft Lot

Last Sold June 23, 2020

Last sale price $2,395,000 $578 Per Sq Ft

106 Days on Market

Highlights

  • Valley View
  • Wood Flooring
  • Ceiling Fan
  • Mill Valley Middle School Rated A
  • Corner Lot
  • Coin Laundry

About This Home

As of June 2020

Situated on a hillside with lovely valley views, One Shelley Drive is a well maintained six unit apartment building. Additional large storage space with half bath on ground level. All units are tenant occupied and have individual PG&E meters. Shared coin operated coin laundry on site. Parking includes five covered car ports plus three outside spaces. Bring your investor clients for a rare Southern Marin investment opportunity.

Last Agent to Sell the Property

Shannon Cronan

Compass License #01949759 Listed on: 03/04/2020

Compass

Co-Listed By

Beth Gassel

Compass License #01973213

Last Buyer's Agent

Gregory Tribulato

Corcoran Icon Properties License #DRE #01763336

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,930 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,144 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Valley Views

Flooring

  • Wood
  • Carpet

Parking

  • 3 Open Parking Spaces
  • 5 Carport Spaces

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 6 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 030-182-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Three
  • Year Built: 1951
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Wood
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 577.94
  • Square Footage: 4144.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Slab
  • Roof: Composition, Shingle
  • View: Valley

Garage/Parking

  • Carport Spaces: 5.00
  • Open Parking Spaces: 3.00
  • Parking Features: Carport, Uncovered

Utilities

  • Cooling: Ceiling Fan(s), Separate, None
  • Heating: Natural Gas, Separate, Wood Stove
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Utilities Expenses: 6132

Lot Info

  • Assessor Parcel Number: 030-182-12
  • Lot Features: Corner, CITY
  • Lot Size Acres: 0.1591
  • Lot Size Sq Ft: 6930.00
  • Lot Size Units: Acres
  • Price Per Acre: 15053425.52

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Rent Multiplier: 15.34
  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1,745-$1,806
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $2,257-$2,428
  • Number Of1 Bedrooms Occupied: 2
  • Number Of2 Bedrooms Occupied: 4
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District: Tamalpais Unified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2020 06/23/20 Sold $2,395,000 0.0% $578 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $2,395,000 +46.5% $578 / Sq Ft
08/15/2012 08/15/12 Sold $1,635,000 0.0% $358 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $1,635,000 -- $358 / 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 $39,762 $2,541,427 $1,103,648 $1,437,779
2024 $38,511 $2,491,661 $1,082,016 $1,409,645
2023 $38,543 $2,442,852 $1,060,800 $1,382,052
2022 $35,711 $2,468,117 $891,434 $1,576,683
2021 $37,844 $2,419,786 $873,961 $1,545,825
2020 $29,828 $1,840,641 $827,580 $1,013,061
2019 $27,609 $1,804,610 $811,359 $993,251
2018 $26,905 $1,769,280 $795,453 $973,827
2017 $25,475 $1,734,637 $779,857 $954,780
2016 $27,070 $1,700,679 $764,569 $936,110
2015 $24,912 $1,675,177 $753,088 $922,089
2014 $23,204 $1,642,411 $738,336 $904,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 22005030

San Francisco Association of REALTORS®

APN: 030-182-12