NOT LISTED FOR SALE

Estimated Value: $1,418,000 - $2,717,079

5 Beds
4 Baths
2,174 Sq Ft
$924/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $1,126,000 $518 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $12,218/month

1 Day on Market

Highlights

  • Wood Burning Stove
  • Fenced Yard
  • Storage
  • Mill Valley Middle School Rated A
  • Fireplace
  • Carpet

About This Home

As of March 2020

Originally built in 1921 as a single family residence, this property is currently a duplex with a 3 BD/2 BA ground floor unit and a 2 BD/1 BA second floor unit. Each unit enjoys a sizeable fenced outdoor space of its own and a portion of a large basement storage area. The property is zoned RMP-40, Residential, Multiple Planned, which could possibly have the potential for greater development of an apartment or condominium building with more units. Interested parties should verify the feasibility of any development with the county. Utilize the building as an income opportunity with the current two units while planning any future development. Property is within walking distance to the freeway, shopping, schools, and recreation.

Last Agent to Sell the Property

Lotte & Sarah Toftdahl Kowalczyk

Compass License #01744042 Listed on: 02/16/2020

Compass

Last Buyer's Agent

Michael Burke

Golden Gate Sotheby's License #00454938

Golden Gate Sotheby's

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 8,050 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 2,174 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Storage
  • Carpet
  • Dishwasher

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $66,780

Listing and Financial Details

  • Assessor Parcel Number 033-086-16

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: 101, CA-131/Tiburon exit towards Mill Valley, R Tower, R on E Blithedale Ave
  • Lot Size Acres: 0.1848
  • CapRate: 5.00
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, Gas Water Heater, OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 517.94
  • Square Footage: 2174
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Cul-De-Sac
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: CAR7, Carport, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, PGEE
  • Water Source: Public
  • Heating: Fireplace(s), Gas, Wall Furnace, Wood Stove
  • Laundry Features: Other, WSHD

Association/Amenities

  • Association Features: Extra Storage

Lot Info

  • Assessor Parcel Number: 033-086-16
  • Lot Size Sq Ft: 8050

Building Info

  • Year Built: 1921

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2020
Closed on
Feb 27, 2020
Sold by
Kirkpatrick Lee G and Kirkpatrick Margo
Bought by
933 East Llc
Seller's Agent
Lotte & Sarah Toftdahl Kowalczyk
Compass
Buyer's Agent
Michael Burke
Golden Gate Sotheby's
List Price
$1,126,000
Sold Price
$1,126,000
Current Estimated Value
$2,009,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,270
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Kirkpatrick Lee Gwynne and Kirkpatrick Margo
Bought by
Kirkpatrick Lee G and Kirkpatrick Margo

Purchase Details

Closed on
Jan 31, 2000
Sold by
Canty Steve C and Canty Canty
Bought by
Kirkpatrick Lee Gwynne and Kirkpatrick Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5.75%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Blackman Inez D
Bought by
Canty Steve C and Canty Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 1997
Sold by
Mills Quilter T and Mills Sandra C
Bought by
Canty Steve C and Canty Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.25%
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
933 East Llc $1,126,000 Old Republic Title Company
Kirkpatrick Lee G -- None Available
Kirkpatrick Lee Gwynne $622,500 Old Republic Title Company
Canty Steve C $46,500 Old Republic Title Company
Canty Steve C $385,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirkpatrick Lee Gwynne $334,000
Previous Owner Canty Steve C $93,000
Previous Owner Canty Steve C $308,000
Closed Canty Steve C $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $1,126,000 0.0% $518 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $1,126,000 -- $518 / 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 $20,286 $1,227,052 $792,881 $434,171
2024 $19,667 $1,202,996 $777,337 $425,659
2023 $19,281 $1,179,412 $762,098 $417,314
2022 $18,726 $1,156,288 $747,156 $409,132
2021 $18,453 $1,133,623 $732,511 $401,112
2020 $15,724 $870,005 $491,858 $378,147
2019 $15,370 $852,950 $482,216 $370,734
2018 $14,478 $836,228 $472,762 $363,466
2017 $13,692 $819,835 $463,494 $356,341
2016 $12,909 $803,763 $454,408 $349,355
2015 $11,674 $791,691 $447,583 $344,108
2014 $11,276 $776,184 $438,816 $337,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22005086

Bay Area Real Estate Information Services (BAREIS)

APN: 033-086-16