18 Somerset Ln
Mill Valley, CA 94941
3 bd 2 ba 2,004 sqft Built 1953 Lot 9,100 sqft single_family
Most recent sale
$2,500,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $2,500,000 | MLS #322074284 |
| Aug 9, 2022 | Listed | $2,495,000 | MLS #322074284 |
| Nov 6, 1992 | Sold | $395,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $359,793 | $133,300 | $493,093 | $9,303 |
| 2024 | $359,793 | $133,300 | $493,093 | $9,315 |
| 2023 | $1,000,000 | $1,500,000 | $2,500,000 | $31,384 |
| 2022 | $359,381 | $285,871 | $645,252 | $8,754 |
| 2021 | $352,334 | $280,266 | $632,600 | $7,976 |
| 2020 | $348,722 | $277,392 | $626,114 | $8,935 |
| 2019 | $341,884 | $271,953 | $613,837 | $7,911 |
| 2018 | $335,181 | $266,621 | $601,802 | $8,231 |
| 2017 | $328,609 | $261,394 | $590,003 | $7,156 |
| 2016 | $322,168 | $256,270 | $578,438 | $9,347 |
| 2015 | $317,330 | $252,421 | $569,751 | $9,305 |
| 2014 | $311,115 | $247,478 | $558,593 | $8,539 |
| 2013 | $309,709 | $246,359 | $556,068 | $8,559 |
| 2012 | $303,637 | $241,529 | $545,166 | $8,355 |
| 2010 | $295,460 | $235,025 | $530,485 | $7,376 |
| 2009 | $296,164 | $235,585 | $531,749 | $7,241 |
| 2008 | $290,358 | $230,966 | $521,324 | $6,825 |
| 2006 | $284,666 | $226,439 | $511,105 | $6,533 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,004 sqft
Lot size
9,100 sqft
ZIP code
94941
City
Mill Valley
Street
Somerset Ln
Coordinates
37.90554, -122.52303
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$15,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 18 Somerset Ln last sell?
18 Somerset Ln most recently sold on Oct 11, 2022 for $2,500,000.
What is the current tax assessment for 18 Somerset Ln?
The most recent total assessment for 18 Somerset Ln (year 2025) is $493,093 with $9,303 in property tax.
How does 18 Somerset Ln's assessment compare to its last sale price?
The current assessment is 80.3% below the last sale price of $2,500,000.
When was 18 Somerset Ln built?
18 Somerset Ln was built in 1953.
How does 18 Somerset Ln compare to others on Somerset Ln?
We track 7 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 18 Somerset Ln?
18 Somerset Ln is a 3 bed, 2 bath, 2,004 sqft, 9,100 sqft lot single_family.
Is 18 Somerset Ln a flip candidate?
No — 18 Somerset Ln does not appear in our flips dataset.
Is 18 Somerset Ln a tax-appeal candidate?
No — 18 Somerset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q2
$1.91M
2026 Q3
$1.87M
ZIP 94941 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln