NOT LISTED FOR SALE

Estimated Value: $1,905,000 - $2,321,000

3 Beds
2 Baths
1,870 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $1,805,000 $965 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,971/month

10 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Living Room with Attached Deck
  • Mill Valley Middle School Rated A
  • Main Floor Bedroom
  • 2-minute walk to Old Mill Park

About This Home

As of October 2023

Nestled in the majestic redwoods of downtown Mill Valley across the street from historic Old Mill Park, 40 Molino Ave is a 3 bedroom, 2 bath home designed by famed builder Gus Costigan, well-known for the El Paseo complex in downtown MV. Immersed in the tranquility of a redwood forest and filled with Costigans wonderful signature elements such as large rough-hewn Dutch Doors fit for a castle, used brick, heavy redwood beams and ornamental deck railings, this home carries a soulful Mill Valley vibe. You enter via an extra wide staircase to the main level which features 1 bedroom, 1 bath, the kitchen, dining area with built in grill, living room with grand brick fireplace and access to a patio and front deck. Enjoy your morning coffee from the quaint European style front deck while taking in the gorgeous natural surroundings. The upper level includes 2 bedrooms with walk-in closets and a bathroom. While you could move right in, the home is ready for its next owners to bring some shine back to this gem. Come and enjoy the quintessential Mill Valley lifestyle in a rarely available location just a block from the library, Old Mill School, the Dipsea stairs and a short stroll to the restaurants, galleries, coffee shops and music venues of the downtown village.

Last Agent to Sell the Property

Tom Davis

Coldwell Banker Realty License #01214231 Listed on: 09/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Stefan Schermerhorn

Holmes Burrell Real Estate License #01880641

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,050 Sq Ft Lot
  • Low Maintenance Yard

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 3-Story Property
  • Brick Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Views of Woods

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 028-138-01

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Miller Ave to downtown, Left on Throckmorton, Left on Cascade, Left on Molino
  • Lot Size Acres: 0.1848
  • Stories: 3
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bedroom Features: Outside Access
  • Full Bathrooms: 2
  • Living Room Features: Deck Attached
  • Flooring: Vinyl, Wood
  • Price Per Square Foot: 965.24
  • Square Footage: 1870.00
  • Bathrooms: 2
  • Fireplace Features: Brick
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Low Maintenance
  • Roof: Composition, Shingle
  • View: Woods

Garage/Parking

  • Parking Features: Garage Facing Front
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Available, Natural Gas Connected, Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included

Lot Info

  • Assessor Parcel Number: 028-138-01
  • Lot Size Sq Ft: 8050.00

Building Info

  • Year Built: 1955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 29, 2023
Sold by
William W Lary 2021 Trust
Bought by
Mitchell Molly
Seller's Agent
Tom Davis
Coldwell Banker Realty
Buyer's Agent
Stefan Schermerhorn
Holmes Burrell Real Estate
List Price
$1,595,000
Sold Price
$1,805,000
Premium/Discount to List
$210,000
13.17%
Views
46
Current Estimated Value
$2,107,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,536
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,000,000
Outstanding Balance
$980,741
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$1,137,459

Purchase Details

Closed on
Oct 5, 2021
Sold by
Lary William W
Bought by
Lary William W and William W Lary 2021 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Mitchell Molly $1,805,000 First American Title
Lary William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Molly $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $1,805,000 +13.2% $965 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,595,000 -- $853 / 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 $24,324 $1,841,100 $1,198,500 $642,600
2024 $23,555 $1,805,000 $1,175,000 $630,000
2023 $4,784 $139,397 $49,474 $89,923
2022 $3,154 $136,664 $48,504 $88,160
2021 $2,740 $133,985 $47,553 $86,432
2020 $2,534 $132,607 $47,062 $85,545
2019 $2,294 $130,007 $46,139 $83,868
2018 $2,234 $127,457 $45,234 $82,223
2017 $2,161 $124,959 $44,348 $80,611
2016 $1,725 $122,509 $43,478 $79,031
2015 $1,662 $120,669 $42,825 $77,844
2014 $1,571 $118,305 $41,986 $76,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323906591

Bay Area Real Estate Information Services (BAREIS)

APN: 028-138-01