NOT LISTED FOR SALE

35 Valley Rd Mill Valley, CA 94941

Sycamore Park Neighborhood
4 Beds
4 Baths
2,476 Sq Ft
0.32 Acres

Last Sold January 05, 2024

Last sale price $1,265,000 $511 Per Sq Ft

122 Days on Market

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • 1-Story Property
  • Mill Valley Middle School Rated A
  • Tile Countertops

About This Home

As of January 2024

Single-Story Two-Building Fourplex On Oversized Lot. Attractive well-maintained property with lush landscape and assorted fruit trees. Spacious one-bedroom one-bathroom units each with own yard. Detached shared laundry building and four-car carport. Excellent location near multiple shopping outlets and gorgeous Tiburon. Quality long-term tenants who care about their home and want to stay. Easy freeway access with short commute to The City.

Last Agent to Sell the Property

John Wunderlich

Wunderlich Realty License #01739226 Listed on: 07/27/2023

Last Buyer's Agent

Hilary Davis

Bay Area Modern Real Estate License #01324327

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 0.32

Home Design

  • Quadruplex
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,476 Sq Ft Home
  • 1-Story Property

Kitchen

  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 0.32 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $100,800

Community Details

Overview

  • 2,476 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $2,000
  • Maintenance Expense $3,600
  • Utility Expense $2,000
  • Trash Expense $3,300
  • Operating Expense $33,300
  • Gross Income $98,784

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: Unknown
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2476
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile
  • Living Sq Ft: 2476
  • Stories: 1
  • Flooring: Carpet, Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Foam

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 30658

Lot Info

  • Lot Acres: 0.3199
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13934.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13934.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 13.38
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 2400
  • Expense Maintenance: 3600
  • Expenses Total: 33300
  • Expenses Utility: 2000
  • Expense Trash: 3300
  • Income Annual Gross: 98784.00
  • Income Annual Rental: 100800
  • Income Gross Scheduled: 100800
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Electric
  • Tenant Expenses: Utilities - Electric, Utilities - Water
  • Vacancy Factor: 2

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
01/05/2024 01/05/24 Sold $1,265,000 -6.2% $511 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $1,349,000 -10.0% $545 / Sq Ft
10/09/2023 10/09/23 Price Changed $1,499,000 -6.3% $605 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,599,000 -5.9% $646 / Sq Ft
08/24/2023 08/24/23 Price Changed $1,699,000 -5.6% $686 / Sq Ft
07/27/2023 07/27/23 For Sale $1,799,000 -- $727 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Wunderlich

    Seller's Agent in 2024

    John Wunderlich

    Wunderlich Realty

    (408) 201-4007

    1 in this area

    49 Total Sales

    John Wunderlich
    Section Image
  • Hilary Davis

    Buyer's Agent in 2024

    Hilary Davis

    Bay Area Modern Real Estate

    (415) 235-3133

    1 in this area

    23 Total Sales

    Hilary Davis
    Section Image

  • F

    Buyer's Agent in 2024

    Fred Fariman

See All Agents

Map

Source: MLSListings

MLS Number: ML81936343

MLSListings

APN: 033-086-08

California Marin County Mill Valley 94941 Sycamore Park

35 Valley Rd, Mill Valley, CA

Not Listed for Sale

MultiFamily

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