1 Shelley Drive

Mill Valley, CA 94941

$2,895,000
Price
Beds
4,144 Sq. Ft.
$699 / Sq. Ft.
4,144
Sq. Ft.
$699
per Sq. Ft.

Property Details for 1 Shelley Drive

StatusActive
MLS #21922975
Year Built1951
DOM42
Compass TypeMulti Family
MLS Type5+ Units
Lot Size0.16 AC / 6,930 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyMarin County

Listing Agent

Contact Agent(s)

Property Details for 1 Shelley Drive

Area
Mill Valley
Type
3 Story, Apartments
Num of Guest Spaces
0
View(s)
Valley

Description

Situated on a hillside with lovely valley views, One Shelley Drive is a well maintained six unit apartment building with upside in rents. Additional large storage space with half bath on ground level. All units are tenant occupied and have individual PG&E meters. Shared coin operated coin laundry on site. Parking includes five covered car ports plus three outside spaces. Bring your investor clients for a rare Southern Marin investment opportunity.

Location

Listing Courtesy of Compass SF, Shannon Cronan, DRE #01949759; Compass, Beth Gassel, DRE #01973213

Listing Agents

  1. Shannon Cronan

    Listing Agent

    Compass

    DRE #01949759

  2. Beth Gassel

    Alternative Listing Agent

    Compass

    DRE #01973213

Building Information for 1 Shelley Drive

Stories-Residences6Year Built1951Building Size-Lot Size0.16 AC / 6,930 SF

Payment Calculator

$10,413 per month

30 year fixed, 3.51% Interest

Principal and Interest

$10,413

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 1 Shelley Drive

Features
    Interior Features
  • Floors: Hardwood, W/W Carpet
    Garage and Parking
  • Num of Carport Spaces: 5
  • Num of Garages: 0
  • Num of Open/Uncovered: 3
  • Num of RV/Boat: 0
  • On Site Parking: Carports, Uncovered
    Utilities
  • Heat/Cool: Ceiling Fan(s), Natural Gas, No Air Conditioning, Separate, W/Heat-Gas, Wood Burning
  • Sewer/Septic: Sewer Public
  • Utilities: Cable Available
Property Details
    Property Details
  • APN: 030-182-12
  • Square Footage: 4144.0
  • Lot Square Footage: 6930.0
  • Picture Count: 1
  • Picture Modified Date Time: 09-03-2019
  • Common Int Dev: No
  • Exterior: Stucco
  • New Construct/Resale: Resale
  • Planned Unit Development: No
  • County: Marin
  • Roof: Composition, Shingle
  • Square Footage Source: Realist Public Rec
  • Year Built: 1951
  • Year Built Source: Realist Public Rec
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Copyright © 2019 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2019 Rapattoni Corporation. All rights reserved.
Lot / Property Details
    Location Information
  • City: Mill Valley
  • ZIP: 94941
  • Street Number: 1.0
  • Street Name: Shelley
  • Street Suffix: Drive
    Lot Information
  • Lot Description: City, Corner
  • Lot Measurement: Acres
  • Lot Size Source: (Realist Public Rec)
  • Water Source: Water-Public
Multi Family Information
    Bedroom Details
  • Num of 1 Bedrooms: 2
  • Num of 2 Bedrooms: 4
  • Num of 3 Bedrooms: 0
  • Num of 4 Bedrooms: 0
  • Num of 1 Bdrms Occupied: 2
  • Num of 2 Bdrms Occupied: 4
  • Num of 3 Bdrms Occupied: 0
  • Num of 4 Bdrms Occupied: 0
    Building Details
  • Num of Commercial Units: 0
  • Num of Furnished Units: 0
  • Num of Buildings: 1
  • Num of Studios: 0
  • Num of Studios Occupied: 0
  • Num of Underground: 0
  • Comm Units Rent Range: 0
  • Foundation/Construction: CC Slab
  • Laundry Appliance: Coin Operated
  • Separate Meters: Electricity, Gas
    Income / Expense Details
  • Actual/Projected: Projected
  • GRM: 14.69
  • Gross Scheduled Inc: $197,040
  • Monthly Expenses: $4,910
  • Monthly Income: $16,420
  • Operating Exp Inc: Electricity, Garbage, Gas, Insurance, Maintenance, Water
  • Cap Rate: 4.2
    Rent Information
  • Studio Ann Occupancy: 0.0
  • Studio Rent Range: 0
Listing Info
    Market Details
  • Listing Agent First Name: Shannon
  • Listing Agent Last Name: Cronan
  • Listing Agent Number: 876818328
  • Selling Agent Number: 0.0
  • Listing Office Name: Compass SF
  • ListingOffice Number: 743789.0
  • Selling Office Number: 0.0
  • Search Contractual Date: 09-03-2019
  • Entry Date: 09-03-2019
  • Available Date: 09-03-2019
    Rental Info
  • Lease Type: Net

Property History for 1 Shelley Drive

DateEvent & SourcePriceAppreciation
Oct 15, 2019Price Change

BAREIS #21922975

$2,895,000
Sep 3, 2019Listed (Active)

BAREIS #21922975

$3,195,000
Aug 21, 2012Sold

BAREIS #21212152

$1,635,000
DateEvent & SourcePrice
10/15/2019
Price Change

BAREIS #21922975

$2,895,000
09/03/2019
Listed (Active)

BAREIS #21922975

$3,195,000
08/21/2012
Sold

BAREIS #21212152

$1,635,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Shelley Drive

Taxable ValueLand$795,453Additions$971,427Total$1,766,880
Tax Record2018$26,904
Home Facts
Finished Sq.Ft.4,144 SqFtLot Size6,930 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951Year Renovated1975CountyMARINAPN03018212

Schools near 1 Shelley Drive

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Ring Mountain Day SchoolPrivateK-80.3 mi
NR
Edna Maguire Elementary SchoolPublicK-50.4 mi
9
Mill Valley Middle SchoolPublic6-80.6 mi
9
Park Elementary SchoolPublicPK-50.9 mi
9

Ring Mountain Day School

K-8, 0.3 mi, Private

NR

Edna Maguire Elementary School

K-5, 0.4 mi, Public

9

Mill Valley Middle School

6-8, 0.6 mi, Public

9

Park Elementary School

PK-5, 0.9 mi, Public

9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1 Shelley Drive is a multi-family home for sale in Mill Valley, CA 94941. This property was listed for sale on September 3, 2019 by Compass at $2,895,000. It has been on the market for a total of 42 days and was last sold on August 21, 2012. Nearby schools include Tamalpais Valley Elementary School, Park Elementary School and Edna Maguire Elementary School. 1 Shelley Drive is a 0-bed, 0-bath, 4,144 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass SF, Shannon Cronan, DRE #01949759; Compass, Beth Gassel, DRE #01973213
Based on information from the San Francisco Association of Realtors as of 09/03/2019 07:00 AM, the MLSListings MLS as of 09/03/2019 07:00 AM, or the BAREIS MLS as of 09/03/2019 07:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/15/2019 10:54 PM