1 Shelley Drive

Mill Valley, CA 94941

$2,395,000
Last Sold Price
Beds
4,144 Sq. Ft.
$578 / Sq. Ft.
4,144
Sq. Ft.
$578
per Sq. Ft.

Description

Situated on a hillside with lovely valley views, One Shelley Drive is a well maintained six unit apartment building. 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.Situated on a hillside with lovely valley views, One Shelley Drive is a well maintained six unit apartment building. 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.

Listing Agents

  1. Shannon Cronan

    Shannon Cronan

    Listing Agent

    Compass

    DRE #01949759

  2. Beth Gassel

    Beth Gassel

    Alternative Listing Agent

    Compass

    DRE #01973213

Property Details for 1 Shelley Drive

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

Location

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

Sold By Corcoran Global Living, Gregory Tribulato, DRE #01763336

Add your commute
LISTING UPDATED: 06/25/2020 08:33 AM

Property Details for 1 Shelley Drive

StatusSold
MLS #22005030
Days on Compass9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1951
Lot Size0.16 AC / 6,930 SF
CountyMarin County

Location

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

Sold By Corcoran Global Living, Gregory Tribulato, DRE #01763336

Add your commute

Building Information for 1 Shelley Drive

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

Payment Calculator

$16,282 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,070

Property Taxes

$3,212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Shelley Drive

Property Features
Interior Features
  • Floors: Hardwood, W/W Carpet
Garage and Parking
  • Num of Carport Spaces: 5
  • Num of Garages: 0
  • Num of Garage Spaces: 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 Information
School Information
  • School District: Tamalpais Unified
Property Details
  • Planned Unit Development: No
  • New Construct/Resale: Resale
  • Year Built: 1951
  • Year Built Source: Realist Public Rec
  • Square Footage: 4144
  • Square Footage Source: Realist Public Rec
  • Acres: 0.16
  • Lot Square Footage: 6930
  • Lot Description: City, Corner
  • Lot Measurement: Acres
  • Lot Size Source: (Realist Public Rec)
  • Exterior: Stucco
  • Roof: Composition, Shingle
  • Common Int Dev: No
Lot / Property Details
Lot Information
  • Foundation: Slab
  • Water Source: Water-Public
Mobile / Manufactured Information
Structure Information
  • Three Quarter Bathrooms: 0
Multi Family/Rental Information
Rental Information
  • Lease Type: Net
  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Deposit: $0
  • Lease Terms: Month to Month
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: Actual
  • GRM: 15.34
  • Gross Scheduled Inc: $156,168
  • Monthly Expenses: $4,077
  • Monthly Income: $13,014
  • Operating Exp Inc: Electricity, Garbage, Gas, Insurance, Maintenance, Water
  • Cap Rate: 4.5
Rent Information
  • Studio Ann Occupancy: 0.0
  • Studio Rent Range: 0
Unit 1 Information
  • Unit 1 Approx SqFt: 0
  • Unit 1 Bedrooms: 0.0
Unit 2 Information
  • Unit 2 Approx SqFt: 0
  • Unit 2 Bedrooms: 0.0
Unit 3 Information
  • Unit 3 Approx SqFt: 0
  • Unit 3 Bedrooms: 0.0
Unit 4 Information
  • Unit 4 Approx SqFt: 0
  • Unit 4 Bedrooms: 0.0

Property History for 1 Shelley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$1,060,800Additions$1,382,052Total$2,442,852
Tax Record2023$38,543 ($3,212 / month)
Home Facts
Total Finished SqFt4,144 SqFtAbove Grade Finished SqFt4,144 SqFtLot Size6,930 SqFtStyleDuplexYear Built1951Year Renovated1975CountyMARINAPN030-182-12

Schools near 1 Shelley Drive

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Edna Maguire Elementary School
PublicK to 5

Mill Valley Middle School
Public6 to 8

Tamalpais High School
Public9 to 12

Park Elementary School
PublicK to 5

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

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.