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34 Somerset Ln

Mill Valley, CA 94941

3 bd 3 ba 2,325 sqft Built 1953 Lot 6,600 sqft single_family
Most recent sale
$2,100,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $2,100,000 MLS #322065389
Jul 12, 2022 Listed $1,950,000 MLS #322065389
Mar 13, 2017 Sold $1,450,000 MLS #21702846
Feb 24, 2017 Listed $1,395,000 MLS #21702846

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $884,340 $1,300,500 $2,184,840 $28,185
2024 $884,340 $1,300,500 $2,184,840 $27,358
2023 $850,000 $1,250,000 $2,100,000 $27,014
2022 $628,837 $956,926 $1,585,763 $20,929
2021 $616,509 $938,166 $1,554,675 $20,457
2020 $610,190 $928,550 $1,538,740 $20,645
2019 $598,230 $910,350 $1,508,580 $20,166
2018 $586,500 $892,500 $1,479,000 $19,793
2017 $114,620 $30,087 $144,707 $3,947
2016 $112,373 $29,497 $141,870 $3,609
2015 $110,685 $29,054 $139,739 $3,488
2014 $108,517 $28,485 $137,002 $3,336
2013 $108,027 $28,356 $136,383 $3,263
2012 $105,909 $27,801 $133,710 $3,189
2010 $103,057 $27,052 $130,109 $2,939
2009 $103,303 $27,116 $130,419 $2,876
2008 $101,277 $26,585 $127,862 $2,607
2006 $99,292 $26,063 $125,355 $2,456

Property facts

Year built
1953
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,325 sqft
Lot size
6,600 sqft
ZIP code
94941
City
Mill Valley
Street
Somerset Ln
Coordinates
37.90580, -122.52442

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,440
Gross rental yield
4.25%
Implied cap rate
2.76%
Trend-extrapolated value

Frequently asked questions

When did 34 Somerset Ln last sell?
34 Somerset Ln most recently sold on Aug 8, 2022 for $2,100,000.
What is the current tax assessment for 34 Somerset Ln?
The most recent total assessment for 34 Somerset Ln (year 2025) is $2,184,840 with $28,185 in property tax.
How does 34 Somerset Ln's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $2,100,000.
When was 34 Somerset Ln built?
34 Somerset Ln was built in 1953.
How does 34 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 34 Somerset Ln?
34 Somerset Ln is a 3 bed, 3 bath, 2,325 sqft, 6,600 sqft lot single_family.
Is 34 Somerset Ln a flip candidate?
No — 34 Somerset Ln does not appear in our flips dataset.
Is 34 Somerset Ln a tax-appeal candidate?
No — 34 Somerset Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q2
$1.91M
2026 Q3
$1.87M
ZIP 94941 — Median Price History + Forecast

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