NOT LISTED FOR SALE

254 Reed Blvd Mill Valley, CA 94941

Strawberry Neighborhood

Estimated Value: $2,790,000 - $3,300,207

5 Beds
4 Baths
3,189 Sq Ft
$949/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $1,862,500 $584 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $18,572/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Separate Family Room
  • Mill Valley Middle School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2019

Overlooking the North Bay, this tasteful contemporary home in Strawberry matches the beauty of its surroundings! New roof & landscaping/irrigation in front yard. Mahogany doorway & slate entry landing opens to expansive open-concept living & dining areas. Updated recessed lighting & chandeliers, plus custom interior & exterior paint. Top & bottom floor are separate units with private entrances. Projected rents are $9,500/mo which results in 5.22 Cap Rate. Lower level includes separate family room & breakfast/dining space. Kitchen remodeled to include quartz countertops, tile flooring, cabinetry, & stainless steel appliances. 3 bedrooms including master suite downstairs. Both downstairs bathrooms fully remodeled with custom tile cabinets and vanities. Upper level has its own kitchen & laundry and water heater. Upstairs has expansive living space with stunning 180º views across the bay to Tiburon Peninsula and Bay Bridge. Easy access to 101 for any commute!

Last Agent to Sell the Property

Brett Burns

Compass License #01942683 Listed on: 04/30/2019

Compass

Last Buyer's Agent

Tyler Stewart

Vanguard Properties License #01901386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,484

Year Built

  • Built in 1951

Lot Details

  • 10,498 Sq Ft Lot
  • Zoning described as R1-B2

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,189 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 043-224-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,484

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 3189
  • Year Built: 1951
  • Zoning Description: R1-B2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 3189
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Tamalpais Union High

Lot Info

  • Parcel Number: 043-224-05
  • Lot Acres: 0.2410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Tamalpais Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2020
Sold by
Waterfield Sarah G and Waterfield Michael R
Bought by
Waterfield Sarah G and Waterfield Michael R
Current Estimated Value
$3,027,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Outstanding Balance
$680,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,346,092

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 28, 2019
Sold by
Panahl Shames S and The Jafar Sharfat Panahl Livin
Bought by
Waterfield Sarah G and Waterfield Michael R
Seller's Agent
Brett Burns
Compass
Buyer's Agent
Tyler Stewart
Vanguard Properties
List Price
$1,999,999
Sold Price
$1,862,500
Premium/Discount to List
-$137,499
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$1,396,875
Outstanding Balance
$1,207,845
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,819,207

Purchase Details

Closed on
Dec 12, 2017
Sold by
Panahi Jafar Shariat
Bought by
Panahi Shames S and The Jafar Shariat Panahi Lving

Purchase Details

Closed on
Dec 1, 2014
Sold by
Panahi Jafar Shariat
Bought by
Panahi Jafar Shariat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Waterfield Sarah G -- Fidelity National Title Co
Waterfield Sarah G $1,862,500 First American Title Company
Panahi Shames S -- None Available
Panahi Jafar Shariat -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterfield Sarah G $765,600
Open Waterfield Sarah G $1,396,875
Previous Owner Panahi Shames S $575,000
Previous Owner Panahi Jafar Shariat $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $1,862,500 -6.9% $584 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,999,999 -- $627 / Sq Ft
Source: MLSListings

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 $26,484 $2,036,885 $1,224,865 $812,020
2024 $26,484 $1,996,953 $1,200,852 $796,101
2023 $26,069 $1,957,803 $1,177,310 $780,493
2022 $25,201 $1,919,417 $1,154,227 $765,190
2021 $24,802 $1,881,795 $1,131,603 $750,192
2020 $24,755 $1,862,500 $1,120,000 $742,500
2019 $11,374 $683,973 $149,283 $534,690
2018 $9,982 $670,564 $146,356 $524,208
2017 $9,680 $657,418 $143,487 $513,931
2016 $9,143 $644,530 $140,674 $503,856
2015 $8,957 $634,849 $138,561 $496,288
2014 $8,732 $622,415 $135,847 $486,568
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brett Burns

    Compass

    Section Image

  • T

    Buyer's Agent in 2019

    Tyler Stewart

    Vanguard Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81749389

MLSListings

APN: 043-224-05

California Marin County Mill Valley 94941 Strawberry

254 Reed Blvd, Mill Valley, CA

This home is located at 254 Reed Blvd, Mill Valley, CA 94941 since 30 April 2019 and is currently estimated at $3,027,052, approximately $949 per square foot. This property was built in 1951. 254 Reed Blvd is a home located in Marin County with nearby schools including Mill Valley Middle School, Tamalpais High School, and Ross Academy Montessori School.

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