NOT LISTED FOR SALE
7 Beds
17 Baths
4,429 Sq Ft
9,374 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $2,900,000 $655 Per Sq Ft

89 Days on Market

Highlights

  • View of Hills
  • Marble Flooring
  • Fenced Yard
  • Mill Valley Middle School Rated A
  • English Architecture
  • Skylights

About This Home

As of September 2022

This well-maintained property offers a detached vintage home, 2 English-style townhomes, and 2 studios, with application submitted to create a legal ADU for one studio and the potential of an additional unit by the new owner. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a fine home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/ 1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus the separate lower-level studios with their own baths, laundry, and parking. The location of this in-town property is ideal, with Mill Valley's top-rated schools, downtown shopping, Rec Center, bike path, public transportation, and Highway 101 nearby. A trophy investment in a high-rent marketplace allows the investor the opportunity to increase future cash flow, while adding potential income with the creation of two legal ADU units for short- or long-term rentals.

Last Agent to Sell the Property

MJ Roney

Inactive Office License #01701867 Listed on: 05/23/2022

Last Buyer's Agent

Marin Home Team

Compass License #01387083

Compass

Home Details

Home Type

  • Single Family

Lot Details

  • 9,374 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Guest Parking
  • Off-Street Parking

Home Design

  • English Architecture
  • Bungalow
  • Updated or Remodeled

Interior Spaces

  • 7 Bedrooms
  • 4,429 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Formal Entry
  • Storage
  • Laundry closet
  • Views of Hills

Kitchen

  • Free-Standing Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Marble

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 051-096-02

Home Details

Home Type

Single Family

Lot Details

0

Parking

1

Listing Details

  • Interior Amenities: Formal Entry, Skylight(s), Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: House(s), Townhouses
  • Directions To Property: Shoreline to Almonte - House is on the southeast corner at Wisteria Lane. Townhomes (167 & 169 Lavender Lane) are accessed off Wisteria Lane and are located directly behind the house. Park on Almonte Blvd. Request disclosures at Disclosures.io
  • Lot Size Acres: 0.2152
  • Stories: 3
  • CapRate: 4.00
  • Signs: No
  • Year Built Details: Against Co. Policy
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Bungalow, English
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Insulated Water Heater, Microwave
  • Flooring: Carpet, Marble, Simulated Wood, Varies By Unit, Wood
  • Price Per Square Foot: 654.78
  • Square Footage: 4429.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Private
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: Hills

Garage/Parking

  • Parking Features: Garage, Guest Parking Available, Off Street
  • Total Parking Spaces: 8.00
  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Number Of Guest Spaces: 2

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Fire Alarm, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Connected, City, Electric, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: In Each Unit, Laundry Closet
  • Separate Meters: Varies By Unit

Schools

  • Middle/Junior School District: Mill Valley

Lot Info

  • Assessor Parcel Number: 051-096-02
  • Lot Size Sq Ft: 9374.00

Multi Family

  • Two Bedroom Rent Range: 4500-5000
  • Three Bedroom Rent Range: 6000-7500
  • Number Of2 Bedrooms Occupied: 2
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 3

MLS Schools

  • Senior High School District: Mill Valley
  • School District (County): Marin

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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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
09/06/2022 09/06/22 Sold $2,900,000 -3.3% $655 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $2,999,000 -14.3% $677 / Sq Ft
05/23/2022 05/23/22 For Sale $3,500,000 -- $790 / 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 $40,256 $3,017,160 $1,706,256 $1,310,904
2024 $38,921 $2,958,000 $1,672,800 $1,285,200
2023 $37,831 $2,900,000 $1,640,000 $1,260,000
2022 $16,068 $963,405 $164,507 $798,898
2021 $15,828 $944,516 $161,282 $783,234
2020 $15,885 $934,834 $159,628 $775,206
2019 $15,511 $916,506 $156,498 $760,008
2018 $14,542 $898,538 $153,430 $745,108
2017 $14,336 $880,922 $150,422 $730,500
2016 $13,284 $814,675 $147,461 $667,214
2015 $13,248 $802,437 $145,246 $657,191
2014 $11,622 $786,722 $142,402 $644,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322045982

Bay Area Real Estate Information Services (BAREIS)

APN: 051-096-02