NOT LISTED FOR SALE
9 Beds
10 Baths
4,444 Sq Ft
1.25 Acres

Last Sold June 07, 2024

Last sale price $1,200,000 $270 Per Sq Ft

202 Days on Market

Highlights

  • Secluded Lot
  • 4 Car Detached Garage
  • Heating System Uses Propane
  • Archie Williams High School Rated A
  • Garden

About This Home

As of June 2024

Four Cottages and a Tri-plex on over an acre of land along Salmon Creek in the beautiful San Geronimo Valley. Significantly improved price on this major money maker or family compound. Just down the street from the SG Community Center and school. Fully occupied with friendly tenants. Just a 10 minute ride to Fairfax or head West to Olema and the Coast. GRM under 8.8!! and Cap around 7.25%! New roof installed on un-rented 4 car garage. Lots of options there. Can't find these numbers in Marin Co. on any investment property.

Last Listed By

Wes Mayne

Coldwell Banker Realty License #00870083 Listed on: 11/10/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1.25 Acre Lot
  • Secluded Lot
  • Irregular Lot
  • Garden

Parking

  • 4 Car Detached Garage

Home Design

  • 4,444 Sq Ft Home
  • Side-by-Side

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Septic System

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 169-071-32

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, House(s)
  • Directions To Property: Head west from Fairfax 10 minutes
  • Lot Size Acres: 1.2468
  • CapRate: 7.25
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 4444.00
  • NumberOfBuildings: 5

Exterior Features

  • Lot Features: Garden, Secluded, Shape Irregular
  • Property Condition: Varies By Unit

Garage/Parking

  • Parking Features: Detached, Side-by-Side
  • Total Parking Spaces: 10.00
  • Garage Spaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Septic System
  • Water Source: Public
  • Heating: Electric, Propane
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 169-071-32
  • Lot Size Sq Ft: 54311.00

Building Info

  • Year Built: 1925

Multi Family

  • 1 Bedroom Rent Range: 1500-1950
  • Two Bedroom Rent Range: 2400-2700
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 5
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 7

Range of Values:

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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 Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,200,000 0.0% $270 / Sq Ft
04/30/2024 04/30/24 Off Market $1,200,000 -- --
04/04/2024 04/04/24 Price Changed $1,495,000 -5.1% $336 / Sq Ft
02/23/2024 02/23/24 Price Changed $1,575,000 -4.5% $354 / Sq Ft
01/27/2024 01/27/24 Price Changed $1,650,000 -5.7% $371 / Sq Ft
12/29/2023 12/29/23 Price Changed $1,750,000 -5.4% $394 / Sq Ft
11/10/2023 11/10/23 For Sale $1,850,000 +48.0% $416 / Sq Ft
02/17/2015 02/17/15 Sold $1,250,000 0.0% $203 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
09/30/2014 09/30/14 For Sale $1,250,000 -- $203 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323924383

Bay Area Real Estate Information Services (BAREIS)

APN: 169-071-32