254 Reed Boulevard

Mill Valley, CA 94941

$1,862,500
Last Sold Price
5
Beds
3,200 Sq. Ft.
$582 / Sq. Ft.
3,200
Sq. Ft.
$582
per Sq. Ft.

Description

Overlooking the North Bay, this tasteful contemporary home in Strawberry matches the beauty of its surroundings! New roof & landscaping/irrigation in front yard. Mahogany doorway & slate entry landing opens to expansive open-concept living & dining areas. Updated recessed lighting & chandeliers, plus custom interior & exterior paint. Top & bottom floor are separate units with private entrances. Projected rents are $9,500/mo which results in 5.22 Cap Rate. Lower level includes separate family room...Overlooking the North Bay, this tasteful contemporary home in Strawberry matches the beauty of its surroundings! New roof & landscaping/irrigation in front yard. Mahogany doorway & slate entry landing opens to expansive open-concept living & dining areas. Updated recessed lighting & chandeliers, plus custom interior & exterior paint. Top & bottom floor are separate units with private entrances. Projected rents are $9,500/mo which results in 5.22 Cap Rate. Lower level includes separate family room & breakfast/dining space. Kitchen remodeled to include quartz countertops, tile flooring, cabinetry, & stainless steel appliances. 3 bedrooms including master suite downstairs. Both downstairs bathrooms fully remodeled with custom tile cabinets and vanities. Upper level has its own kitchen & laundry and water heater. Upstairs has expansive living space with stunning 180 views across the bay to Tiburon Peninsula and Bay Bridge. Easy access to 101 for any commute!
  1. Listed by Brett Burns • DRE #01942683 • Compass

Property Details for 254 Reed Boulevard

City
MILL VALLEY
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage Spaces
2
Park Spaces Total
0

Location

Listing Courtesy of Compass, Brett Burns, DRE #01942683

Sold By MLSListingsX, MLS ListingsX, DRE #01901386

Add your commute
LISTING UPDATED: 07/09/2019 06:06 AM

Property Details for 254 Reed Boulevard

StatusSold
MLS #ML81753075
Days on Compass20
Taxes$9,680 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1951
Lot Size0.24 AC / 10,500 SF
CountyMarin County

Location

Listing Courtesy of Compass, Brett Burns, DRE #01942683

Sold By MLSListingsX, MLS ListingsX, DRE #01901386

Add your commute

Building Information for 254 Reed Boulevard

Stories-Residences2Year Built1951Building Size-Lot Size0.24 AC / 10,500 SF

Payment Calculator

$10,971 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,164

Property Taxes

$807

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254 Reed Boulevard

Features
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Fire Sprinklers
  • Foundation: Concrete Perimeter
  • Lot Sq Ft Apx: 10500
  • Lot Size Square Feet: 10500.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3189
  • Year Built: 1951
  • Zoning: R1-B
  • Acres: 0.24
Location Details
  • FIPS Code: 06041
  • Parcel Number: 04322405
  • Board ID: MLSListings Datashare
Multi Family Information
General Details
  • Units Total: 2
  • Existing Lease Terms: Building Vacant
  • Tenant Pays: None
  • Financial Data Source: None
Income / Expense Details
  • Annual Taxes $: $9,680
  • Annual Gross Sched Income: $114,000
  • Annual Rental Income: $114,000
  • Net Operating Income: $104,320
  • Annual Utility Expense: $0
Unit 1 Details
  • Bedrooms 1: 3
  • Apx Sq Ft 1: 1830
Unit 2 Details
  • Bedrooms 2: 2
  • Apx Sq Ft 2: 1370
Multi Family 5+ Information
Income / Expense Details
  • Gross Rent Multiplier: $18
Additional Information
Additional Information
  • Fireplace: No

Property History for 254 Reed Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 254 Reed Boulevard

Taxable ValueLand$1,177,310Additions$780,493Total$1,957,803
Tax Record2023$26,069 ($2,172 / month)
Home Facts
Beds5Total Finished SqFt3,189 SqFtAbove Grade Finished SqFt3,189 SqFtLot Size10,500 SqFtStyleSingle Family ResidenceYear Built1951Year Renovated1997CountyMARINAPN043-224-05Fireplace TypeHas Fireplace

Schools near 254 Reed Boulevard

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
Strawberry Point Elementary School
PublicK to 5

Mill Valley Middle School
Public6 to 8

Tamalpais High School
Public9 to 12

Edna Maguire 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

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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, Brett Burns, DRE #01942683

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.