NOT LISTED FOR SALE

4140 Redwood Hwy San Rafael, CA 94903

Smith Ranch Neighborhood

Estimated Value: $3,169,505

5 Beds
-- Bath
12,076 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $3,500,000 $290 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $22,240/month

379 Days on Market

Highlights

  • 0.42 Acre Lot
  • Window Unit Cooling System
  • Central Heating
  • Mary E. Silveira Elementary School Rated A-

About This Home

As of March 2022

This unique mixed-use property is located on the southeast corner of Redwood Highway and Professional Center Parkway in northern San Rafael. Providing a great unit mix of five (5) commercial spaces and six (6) residential units, the subject property generates strong income from its diverse tenant base. Located in a high visibility area on the frontage road parallel to highway 101, the building provides easy access to shopping, public transportation, and other city amenities.

Last Agent to Sell the Property

Paul Cingolani

Berkshire Hathaway License #01219494 Listed on: 12/07/2020

Berkshire Hathaway

Co-Listed By

Robert Bradley

Inactive Office License #01504569

Last Buyer's Agent

Michael Klestoff

West & Praszker, REALTORS® License #00626543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $59,650

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot

Home Design

  • 12,076 Sq Ft Home
  • Mixed Use
  • Slab Foundation

Parking

  • 25 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 11 Units
  • Gross Income $304,800

Listing and Financial Details

  • Assessor Parcel Number 155-074-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$59,650

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Directions To Property: Highway 101 to Freitas Parkway to Redwood Highway
  • Lot Size Acres: 0.4178
  • CapRate: 5.50
  • Actual or Scheduled: Actual
  • Number Commercial Units: 5
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 289.83
  • Square Footage: 12076.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • OpenParkingSpaces: 25.00

Utilities

  • Cooling: Individual, Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Individual
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 155-074-01
  • Lot Size Sq Ft: 18199.00

Building Info

  • Year Built: 1964

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1700
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1750
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 11
  • Number Studios Occupied: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Mar 25, 2022
Sold by
Afanasiev John and Afanasiev Ludmila
Bought by
Afon Ca Llc
Seller's Agent
Paul Cingolani
Berkshire Hathaway
Buyer's Agent
Michael Klestoff
West & Praszker, REALTORS®
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Current Estimated Value
$3,169,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$330,495
Avg. Annual Appreciation
-2.03%
Original Mortgage
$1,100,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 17, 2022
Sold by
Cpw Holdings Llc
Bought by
Afanasiev John and Afanasiev Ludmila
Seller's Agent
Paul Cingolani
Berkshire Hathaway
Buyer's Agent
Michael Klestoff
West & Praszker, REALTORS®
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 20, 2022
Sold by
Casey Walters
Bought by
Cpw Holdings Llc
Seller's Agent
Paul Cingolani
Berkshire Hathaway
Buyer's Agent
Michael Klestoff
West & Praszker, REALTORS®
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Walters George T and The Walters Family 1992 Trust
Bought by
Walters George T and Trust B Of The Walters Family
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
Afon Ca Llc -- First American Title
Afanasiev John $3,500,000 First American Title
Walters George T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Afanasiev John $1,100,000
Previous Owner Walters George T $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $3,500,000 -6.7% $290 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $3,750,000 -- $311 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $59,650 $3,711,652 $1,351,968 $2,359,684
2024 $59,650 $3,638,902 $1,325,469 $2,313,433
2023 $60,789 $3,567,552 $1,299,480 $2,268,072
2022 $38,072 $1,839,660 $367,932 $1,471,728
2021 $36,825 $1,803,590 $360,718 $1,442,872
2020 $33,494 $1,785,097 $357,019 $1,428,078
2019 $38,335 $1,750,097 $350,019 $1,400,078
2018 $37,631 $1,715,785 $343,157 $1,372,628
2017 $48,961 $1,682,148 $336,429 $1,345,719
2016 $37,729 $1,649,168 $329,833 $1,319,335
2015 $30,627 $1,624,396 $324,879 $1,299,517
2014 $26,964 $1,592,581 $318,516 $1,274,065
Source: Public Records

Agents Affiliated with this Home

  • Paul Cingolani

    Seller's Agent in 2022

    Paul Cingolani

    Berkshire Hathaway

    (415) 726-9630

    1 in this area

    11 Total Sales

    Paul Cingolani
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Robert Bradley

    Inactive Office

    (415) 314-1314

    1 in this area

    3 Total Sales

    Robert Bradley
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Klestoff

    West & Praszker, REALTORS®

    (415) 699-3266

    1 in this area

    57 Total Sales

    Michael Klestoff
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22029238

Bay Area Real Estate Information Services (BAREIS)

APN: 155-074-01

California Marin County San Rafael 94903 Smith Ranch

4140 Redwood Hwy, San Rafael, CA

This home is located at 4140 Redwood Hwy, San Rafael, CA 94903 since 07 December 2020 and is currently estimated at $3,169,505, approximately $262 per square foot. This property was built in 1964. 4140 Redwood Hwy is a home located in Marin County with nearby schools including Mary E. Silveira Elementary School, Miller Creek Middle School, and Terra Linda High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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