NOT LISTED FOR SALE
6 Beds
-- Bath
-- Sq Ft
8,777 Sq Ft Lot

Last Sold May 20, 2021

Last sale price $2,001,000

256 Days on Market

Highlights

  • Engineered Wood Flooring
  • Fenced Yard
  • 1 Car Garage
  • Mill Valley Middle School Rated A
  • Landscaped

About This Home

As of May 2021

**Price Improvement** On the market for the first time in over 60 years, Millwood offers the opportunity to acquire a well-situated multifamily property in the heart of Mill Valley. The five-unit property consists of two joined buildings, with two large units in the southern building and three units in the northern building. Plumbing in the southern building has been upgraded to copper with modernized electrical service. Units 25 and 21B were once conjoined and were separated without a permit at some point in the past.

Last Agent to Sell the Property

Joby Tapia

Compass Commercial License #01307460 Listed on: 07/20/2020

Compass Commercial

Last Buyer's Agent

Joby Tapia

Compass Commercial License #01307460 Listed on: 07/20/2020

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 8,777 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 028-026-04

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Accessibility Features: None
  • Levels: Two
  • Other Equipment: Low-Flow Shower(s), Low-Flow Toilet(s)
  • Year Built: 1909
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Unfinished
  • Flooring: Carpet, Simulated Wood, Tile, Wood
  • Laundry Features: Other

Exterior Features

  • Construction Materials: Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage

Utilities

  • Cooling: None
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Connected
  • Water Source: Public

Fee Information

  • Utilities Expenses: 7163

Lot Info

  • Assessor Parcel Number: 028-026-04
  • Lot Features: Landscape Front, Shape Irregular, Other
  • Lot Size Acres: 0.2015
  • Lot Size Sq Ft: 8777.00
  • Lot Size Units: Acres
  • Price Per Acre: 9930521.09
  • Special Zones: Unknown
  • Zoning: RM 3.5

Rental Info

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

Building Info

  • Number of Units Total: 5

Multi Family

  • Gross Rent Multiplier: 17.57
  • 1 Bedroom Rent Range: 1625-2300
  • Two Bedroom Rent Range: 2900
  • Number Of1 Bedrooms Occupied: 4
  • Number Of2 Bedrooms Occupied: 1
  • Separate Meters: Electricity

MLS Schools

  • 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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Average Value
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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
05/20/2021 05/20/21 Sold $2,001,000 -11.1% --
04/02/2021 04/02/21 Pending -- -- --
07/20/2020 07/20/20 For Sale $2,250,000 -- --
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 $33,126 $2,369,790 $1,190,662 $1,179,128
2024 $32,194 $2,323,363 $1,167,320 $1,156,043
2023 $30,627 $2,201,775 $1,144,440 $1,057,335
2022 $28,061 $2,040,988 $1,122,000 $918,988
2021 $7,957 $145,992 $61,720 $84,272
2020 $7,605 $144,472 $61,066 $83,406
2019 $7,660 $141,672 $59,869 $81,803
2018 $7,013 $138,925 $58,695 $80,230
2017 $6,757 $136,234 $57,545 $78,689
2016 $6,622 $133,595 $56,417 $77,178
2015 $6,169 $131,611 $55,569 $76,042
2014 $5,613 $129,065 $54,481 $74,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 22016703

San Francisco Association of REALTORS®

APN: 028-026-04