NOT LISTED FOR SALE
28 Beds
-- Bath
10,624 Sq Ft
13,125 Sq Ft Lot

Last Sold April 20, 2016

Last sale price $5,075,000 $478 Per Sq Ft

181 Days on Market

Highlights

  • 0.3 Acre Lot
  • View of Hills
  • Baseboard Heating
  • Sun Valley Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Gerstle Park

About This Home

As of April 2016

Turnkey building located in highly coveted Gerstle Park neighborhood. Remodeled units, new landscaping, roof re-coated recently. Units feature crown molding throughout, double-pane windows, hardwood floors, mirrored wardrobe doors and some include granite counters, stainless steel appliances and tile floors. Property has tenant storage and off-street parking. Excellent Condition. Marketing Package on Request. Rarely available Premium Location.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 10/20/2015

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.3

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 10,624 Sq Ft Home
  • Views of Hills
  • Leased Washer and Dryer

Flooring

  • Wood
  • Tile

Parking

  • 15 Open Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Additional Features

  • 13,125 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 14 Units
  • Laundry Facilities
  • Gross Income $357,000

Listing and Financial Details

  • Assessor Parcel Number 012-172-15

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.3 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Central San Rafael to 3rd Street to Bayview
  • Lot Size Acres: 0.3013
  • CapRate: 4.62
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood
  • Price Per Square Foot: 477.69
  • Square Footage: 10624
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel
  • View: Hills, PRTL

Garage/Parking

  • Parking Features: Carport, Covered, Off Street, Uncovered
  • Carport Spaces: 4
  • OpenParkingSpaces: 15

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased, Washer/Dryer Owned
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 012-172-15
  • Lot Size Sq Ft: 13125

Building Info

  • Year Built: 1971

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1900-2225
  • Number Of2 Bedrooms Occupied: 14
  • NumberOfUnitsTotal: 14
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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
04/20/2016 04/20/16 Sold $5,075,000 0.0% $478 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $5,075,000 -- $478 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $86,452 $5,597,822 $1,025,278 $4,572,544
2024 $84,286 $5,488,189 $1,005,178 $4,483,011
2023 $82,166 $5,380,704 $985,471 $4,395,233
2022 $78,033 $5,275,317 $966,150 $4,309,167
2021 $76,923 $5,172,024 $947,212 $4,224,812
2020 $53,878 $3,190,830 $1,731,872 $1,458,958
2019 $51,804 $3,113,680 $1,697,920 $1,415,760
2018 $51,267 $3,037,760 $1,664,640 $1,373,120
2017 $49,532 $2,963,600 $1,632,000 $1,331,600
2016 $38,654 $2,096,405 $1,248,757 $847,648
2015 $36,997 $2,065,000 $1,230,000 $835,000
2014 $28,551 $1,422,324 $642,894 $779,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21525470

Bay Area Real Estate Information Services (BAREIS)

APN: 012-172-15

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