$1,370,000
SOLD OCT 11, 2024
8 Beds
10 Baths
3,208 Sq Ft
3,206 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

21% Below List Price

24 Days on Market

Highlights

  • Private Pool
  • Landscaped
  • Laundry Facilities
  • Mill Valley Middle School Rated A

About This Home

As of October 2024

Incredible residential multi unit property available. Villa Tiburon is comprised of several Townhouse multi units that are part of an HOA. An onsite property manager and leasing agent make for a passive and relatively easy ownership experience. The HOA covers building management, leasing, insurance, water, sewer, trash, exterior building maintenance, landscape and a pool. All units are currently leased and tenants are all month to month. Each building features a 1 bedroom, two 2 bedroom and one 3 bedroom unit. Each apartment comes with a dedicated, covered parking spot and storage unit. Located in the Strawberry neighborhood of Mill Valley, the convenient location is adjacent to many amenities and public transportation.

Last Agent to Sell the Property

Eric Mcfarland

The Agency License #01897874

The Agency

Last Buyer's Agent

Michael Johnston

Berkshire Hathaway Drysdale Pr License #01370461

Berkshire Hathaway Drysdale Pr

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 3,206 Sq Ft Lot
  • Landscaped

HOA Fees

  • $1,975 Monthly HOA Fees

Home Design

  • 3,208 Sq Ft Home
  • Quadruplex

Parking

  • 4 Parking Spaces
  • Carport

Additional Features

  • Private Pool
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 043-330-04

Community Details

Overview

  • Association fees include common areas, insurance, maintenance exterior, ground maintenance, management, pool, roof, sewer, trash, water
  • 4 Units
  • Powar Management Association, Phone Number (510) 896-2694

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gross Income $112,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,975 per month

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Redwood Highway Frontage Road - R on Reed Blvd.
  • Lot Size Acres: 0.0736
  • CapRate: 4.10
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 3208.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Landscape Front
  • Property Condition: Varies By Unit
  • ExteriorFeatures: Swimming Pool

Garage/Parking

  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: In Common Area

Association/Amenities

  • Unit: 4
  • Association Features: Pool

Condo/Co-op/Association

  • Association Fee: 1975
  • Association Fee Frequency: Monthly
  • Association Name: Powar Management
  • Association Phone: (510) 896-2694

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Exterior, Maintenance Grounds, Management, Pool, Roof, Sewer, Trash, Water

Lot Info

  • Assessor Parcel Number: 043-330-04
  • Lot Size Sq Ft: 3206.00

Building Info

  • Year Built: 1965

Multi Family

  • 1 Bedroom Rent Range: $2000
  • Two Bedroom Rent Range: $2500-2600
  • Three Bedroom Rent Range: $2300
  • Number of 1 Bedroom Units: 1
  • Number of 2 Bedroom Units: 2
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

Map

Range of Values:

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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 Change Sq Ft Price
10/11/2024 10/11/24 Sold $1,370,000 +1.5% $427 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $1,350,000 -21.7% $421 / Sq Ft
09/10/2024 09/10/24 For Sale $1,725,000 -- $538 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324071068

Bay Area Real Estate Information Services (BAREIS)