NOT LISTED FOR SALE
32 Beds
-- Bath
12,424 Sq Ft
0.49 Acres

Last Sold December 26, 2017

Last sale price $7,400,000 $596 Per Sq Ft

24 Days on Market

Highlights

  • 0.49 Acre Lot
  • Community Pool
  • Central Heating
  • Mill Valley Middle School Rated A
  • Tile Flooring
  • Laundry Facilities

About This Home

As of December 2017

Pride of ownership buildings with 21 rental units, 11 2BR, 10 1BR, all 1Ba. Carport space and storage room comes with each apartment. Many of the units have been remodeled. Super location close to shops and restaurants, and a super easy place to commute from.

Last Agent to Sell the Property

David Schwartz

David Schwartz Real Estate Bro License #00570060 Listed on: 09/09/2017

Co-Listed By

Lauren Ramsey

Compass License #01796177

Last Buyer's Agent

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.49

Parking

  • 21 Carport Spaces

Home Design

  • 12,424 Sq Ft Home
  • Concrete Foundation
  • Tar and Gravel Roof

Flooring

  • Carpet
  • Tile

Additional Features

  • Leased Washer and Dryer
  • 0.49 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 043-021-24

Community Details

Overview

  • 4 Buildings
  • 21 Units

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gross Income $491,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Tiburon Blvd to South Knoll Rd
  • Lot Size Acres: 0.4946
  • CapRate: 4.60
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN, Tile
  • Price Per Square Foot: 595.62
  • Square Footage: 12424
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Carport
  • Carport Spaces: 21

Utilities

  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased

Association/Amenities

  • Association Features: Pool

Lot Info

  • Assessor Parcel Number: 043-021-24
  • Lot Size Sq Ft: 21545

Building Info

  • Year Built: 1962

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1675-2000
  • Two Bedroom Rent Range: 1660-2200
  • Number Of1 Bedrooms Occupied: 10
  • Number of 1 Bedroom Units: 10
  • Number Of2 Bedrooms Occupied: 11
  • NumberOfUnitsTotal: 21
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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
12/26/2017 12/26/17 Sold $7,400,000 0.0% $596 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $7,400,000 -- $596 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $118,607 $8,421,360 $3,403,872 $5,017,488
2024 $114,885 $8,256,400 $3,337,129 $4,919,271
2023 $113,535 $8,094,694 $3,271,703 $4,822,991
2022 $110,186 $7,936,166 $3,207,563 $4,728,603
2021 $108,664 $7,770,940 $3,144,680 $4,626,260
2020 $107,961 $7,691,408 $3,112,460 $4,578,948
2019 $103,472 $7,517,232 $3,051,432 $4,465,800
2018 $98,011 $7,370,000 $2,991,600 $4,378,400
2017 $66,734 $4,741,876 $1,893,390 $2,848,486
2016 $62,306 $4,649,063 $1,856,265 $2,792,798
2015 $61,911 $4,579,356 $1,828,382 $2,750,974
2014 $59,518 $4,489,828 $1,792,571 $2,697,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21721478

Bay Area Real Estate Information Services (BAREIS)

APN: 043-021-24