NOT LISTED FOR SALE
12 Beds
-- Bath
4,960 Sq Ft
10,062 Sq Ft Lot

Last Sold September 26, 2014

Last sale price $2,125,000 $428 Per Sq Ft

123 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Central Heating
  • Mill Valley Middle School Rated A
  • Landscaped
  • 3-minute walk to Hauke Park

About This Home

As of September 2014

Six generously sized 2 bedroom/1 bath units, some with Mt. Tamalpais views. This is the first time 55 Roque Moraes has come to market since 1974. This is a rare opportunity to purchase a well maintained, ideally located property in a high barrier to entry market. Due to the location, unit mix and amenities of the property it appeals to a wide demographic and has a strong history of occupancy.

Last Agent to Sell the Property

Matthew Brown

Meridian Commercial License #00865640 Listed on: 04/10/2014

Last Buyer's Agent

Matthew Brown

Meridian Commercial License #00865640 Listed on: 04/10/2014

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,062 Sq Ft Lot
  • Landscaped

Parking

  • Covered Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 4,960 Sq Ft Home
  • Wood Flooring
  • Leased Washer and Dryer

Utilities

  • Central Heating
  • Individual Gas Meter

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $158,400

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 030-201-15

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: East Blithedale to Roque Moraes.
  • Lot Size Acres: 0.2310
  • CapRate: 4.69
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Price Per Square Foot: 428.43
  • Square Footage: 4960
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Front
  • Roof: Tar/Gravel
  • View: Mountains, Park

Garage/Parking

  • Parking Features: Covered

Utilities

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

Association/Amenities

  • Association Features: Extra Storage

Lot Info

  • Assessor Parcel Number: 030-201-15
  • Lot Size Sq Ft: 10062

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1500-1650
  • Number Of2 Bedrooms Occupied: 6
  • NumberOfUnitsTotal: 6

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
09/26/2014 09/26/14 Sold $2,125,000 0.0% $428 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $2,125,000 -- $428 / 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 $42,914 $2,900,000 $1,300,000 $1,600,000
2024 $72,351 $5,577,222 $2,677,200 $2,900,022
2023 $71,120 $5,467,925 $2,624,712 $2,843,213
2022 $68,456 $5,360,776 $2,573,256 $2,787,520
2021 $66,935 $5,255,727 $2,522,808 $2,732,919
2020 $66,656 $5,201,903 $2,496,960 $2,704,943
2019 $64,026 $5,099,952 $2,448,000 $2,651,952
2018 $33,635 $2,291,235 $1,320,325 $970,910
2017 $32,688 $2,246,357 $1,294,437 $951,920
2016 $31,892 $2,202,369 $1,269,062 $933,307
2015 $29,071 $2,125,000 $1,250,000 $875,000
2014 $7,658 $269,040 $74,499 $194,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21413414

Bay Area Real Estate Information Services (BAREIS)