NOT LISTED FOR SALE

145 Kent Ave Kentfield, CA 94904

12 Beds
-- Bath
6,600 Sq Ft
0.29 Acres

Last Sold November 23, 2016

Last sale price $3,200,000 $485 Per Sq Ft

48 Days on Market

Highlights

  • View of Hills
  • Engineered Wood Flooring
  • Laundry Facilities
  • Anthony G. Bacich Elementary School Rated A

About This Home

As of November 2016

Villa Kentfield offers an investor the opportunity to own a 10 unit building in the affluent central Marin County community of Kentfield, CA. The property has below market rents with significant rental upside for the area due to long-term ownership. 6 of 10 units have been remodeled with new kitchens with dishwashers, granite counters, new appliances, remodeled bathrooms and new carpet or engineered wood floors. Great investment opportunity!

Last Agent to Sell the Property

Katherine Higgins

Berkshire Hathaway License #00942916 Listed on: 10/04/2016

Berkshire Hathaway

Last Buyer's Agent

Team Wright In Marin

Compass License #01495932

Compass

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29 Acre Lot

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 6,600 Sq Ft Home
  • Views of Hills
  • Fire and Smoke Detector

Flooring

  • Engineered Wood
  • Carpet

Parking

  • 10 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 10 Units
  • Laundry Facilities
  • Gross Income $242,400

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 074-092-16

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: US-101 to Sir Francis Drake Blvd. L on College. R on Stadium Way. R onto Kent Ave.
  • Lot Size Acres: 0.2869
  • CapRate: 4.68
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, LVYN, Simulated Wood
  • Price Per Square Foot: 484.85
  • Square Footage: 6600
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Tar/Gravel
  • View: Hills

Garage/Parking

  • Parking Features: Off Street
  • OpenParkingSpaces: 10

Utilities

  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Internet Available, PGEE, Cable Connected
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Association Features: Extra Storage

Lot Info

  • Assessor Parcel Number: 074-092-16
  • Lot Size Sq Ft: 12497

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1100-1650
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1250-1850
  • Number Of1 Bedrooms Occupied: 8
  • Number of 1 Bedroom Units: 8
  • Number Of2 Bedrooms Occupied: 2
  • NumberOfUnitsTotal: 10

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
11/23/2016 11/23/16 Sold $3,200,000 0.0% $485 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $3,200,000 -- $485 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $59,395 $3,713,149 $1,450,700 $2,262,449
2024 $56,323 $3,640,440 $1,422,262 $2,218,178
2023 $55,172 $3,569,138 $1,394,375 $2,174,763
2022 $54,517 $3,499,240 $1,367,037 $2,132,203
2021 $53,301 $3,430,718 $1,340,237 $2,090,481
2020 $52,364 $3,395,595 $1,326,500 $2,069,095
2019 $50,184 $3,329,118 $1,300,500 $2,028,618
2018 $49,162 $3,263,920 $1,275,000 $1,988,920
2017 $48,147 $3,200,000 $1,250,000 $1,950,000
2016 $18,175 $589,455 $132,210 $457,245
2015 $17,543 $580,662 $130,225 $450,437
2014 $16,359 $569,367 $127,674 $441,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21623391

Bay Area Real Estate Information Services (BAREIS)

APN: 074-092-16