NOT LISTED FOR SALE

Estimated Value: $2,580,000 - $3,044,000

4 Beds
2 Baths
2,239 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $2,525,000 $1,128 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,092/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Enclosed Parking
  • Mill Valley Middle School Rated A
  • Bonus Room
  • Side by Side Parking

About This Home

As of November 2024

Sitting on an expansive and sun drenched 15,000sf+ flat lot, this single-level home has been lovingly looked after by the same family for over 60 years, showcasing its enduring quality and character. Ideally situated in the desirable Mill Valley community of Alto, 118 Lomita provides a perfect blend of convenience and tranquility - with easy access to many local amenities including picturesque parks and trails. The property sits just down the block from Edna Maguire Elementary School, has direct access via a private gate to the Mill Valley-Sausalito bike and pedestrian path, and is a short stroll to Horse Hill. Whether looking to renovate, create a masterpiece across its large lot, or simply moving into a cherished neighborhood, 118 Lomita not only has tremendous upside but is a truly fantastic opportunity to embrace the idyllic Mill Valley lifestyle!

Last Agent to Sell the Property

Leah Johnson

City Real Estate License #01837940 Listed on: 10/18/2024

Last Buyer's Agent

Faber Real Estate Team

Compass License #01913767

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener
  • Uncovered Parking

Interior Spaces

  • 2 Full Bathrooms
  • 2,239 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage Room
  • Wood Flooring

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 030-155-05

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Levels: One
  • Stories: 1
  • Year Built: 1949
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling, Storage Area(s)
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom, Street Entrance
  • Price Per Square Foot: 1127.74
  • Room Type: Bonus Room, Dining Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Possible Guest, Storage
  • Square Footage: 2239.00

Exterior Features

  • Driveway Sidewalks: Gravel, Paved Driveway

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Enclosed, Garage Door Opener, Side-by-Side, Uncovered Parking Spaces 2+
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: None
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 030-155-05
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.3616
  • Lot Size Sq Ft: 15751.00
  • Lot Size Units: Acres
  • Price Per Acre: 6982853.98
  • Topography: Level

MLS Schools

  • School District County: Marin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 5, 2024
Sold by
Stecher Trust and Fischler Kirsten
Bought by
Salberg Jordan and Goldstein Alexandra
Seller's Agent
Leah Johnson
City Real Estate
Buyer's Agent
Faber Real Estate Team
Compass
List Price
$1,795,000
Sold Price
$2,525,000
Premium/Discount to List
$730,000
40.67%
Views
13
Current Estimated Value
$2,798,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,582
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,300,000
Outstanding Balance
$1,286,961
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$1,511,621

Purchase Details

Closed on
May 21, 2001
Sold by
Stetcher Inger T
Bought by
Stetcher Inger T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Salberg Jordan $2,525,000 Fidelity National Title
Salberg Jordan $2,525,000 Fidelity National Title
Stetcher Inger T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salberg Jordan $1,300,000
Closed Salberg Jordan $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $2,525,000 +40.7% $1,128 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,795,000 -- $802 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $32,618 $2,525,000 $1,650,000 $875,000
2024 $3,988 $112,968 $38,457 $74,511
2023 $3,914 $110,753 $37,703 $73,050
2022 $3,847 $108,582 $36,964 $71,618
2021 $3,806 $106,432 $36,227 $70,205
2020 $3,779 $105,341 $35,856 $69,485
2019 $3,620 $103,276 $35,153 $68,123
2018 $2,868 $101,251 $34,464 $66,787
2017 $2,600 $99,266 $33,788 $65,478
2016 $2,389 $97,320 $33,126 $64,194
2015 $1,789 $95,858 $32,628 $63,230
2014 $1,726 $93,980 $31,989 $61,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 324070895

San Francisco Association of REALTORS®

APN: 030-155-05

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