1026 Folsom St Unit 1 San Francisco, CA 94103
South of Market Neighborhood
1
Bed
1
Bath
672
Sq Ft
$496/mo
HOA Fee
Highlights
- 0.13 Acre Lot
- Loft
- Enclosed Parking
- Wood Flooring
- The community has rules related to allowing live work
- 1-minute walk to Victoria Manalo Draves Park
About This Home
As of October 2024Welcome to urban living at its finest in this sophisticated 1 Bed 1 Bath loft nestled within a boutique building in the vibrant SOMA district. Offering a sleek contemporary aesthetic, this modern residence is one of only 13 units, each designed to maximize city living. Upon entering, you're greeted by a spacious open floor plan featuring soaring height ceilings and expansive floor-to-ceiling windows, bathing the space in natural light and breathtaking city views. The living area seamlessly flows into a private patio, perfect for relaxing and entertaining against the backdrop of the bustling cityscape. The stylish kitchen is equipped with updated appliances, complemented by newly spray painted cabinetry and a convenient kitchen bar, ideal for culinary enthusiasts and social gatherings alike. Freshly sanded and stained wood floors are downstairs and ascend upstairs to discover a tranquil bedroom retreat, adorned with brand new carpeting for added comfort. Additional highlights include a modern bathroom, freshly painted interiors, and the cozy ambiance of a fireplace, creating an inviting atmosphere year-round. Stay comfortable with the newly installed remote-controlled fan for cooling during warmer months. 1 Car parking and easy freeway access make this stylish loft a must see.
Last Buyer's Agent
Non Member Sales
Non Multiple Participant
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,596
Year Built
- Built in 2001 | Remodeled
HOA Fees
- $496 Monthly HOA Fees
Parking
- 1 Car Garage
- Enclosed Parking
- Garage Door Opener
- Open Parking
- Assigned Parking
Interior Spaces
- 1 Full Bathroom
- 672 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Electric Fireplace
- Living Room
- Loft
- Stacked Washer and Dryer
Kitchen
- Free-Standing Gas Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Community Details
- Association fees include common areas, sewer, trash, water
- 13 Units
- 1026 Folsom Street Homeowners Association
- The community has rules related to allowing live work
Listing and Financial Details
- Assessor Parcel Number 3731-015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2024
Closed on
Oct 1, 2024
Sold by
Mulcahy Family Trust and Mellett Robert C
Bought by
David Christian Derek
Seller's Agent
Shane Nugent
Compass
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,783
Avg. Annual Appreciation
3.99%
Original Mortgage
$225,001
Outstanding Balance
$223,076
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$303,945
Purchase Details
Closed on
Oct 18, 2016
Sold by
Brady Nessa
Bought by
Mellett Robert C and Brady Nessa C
Purchase Details
Closed on
Mar 7, 2002
Sold by
1026 Folsom Street Llc
Bought by
Brady Nessa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2002
Sold by
Mellett Robert
Bought by
Brady Nessa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Similar Homes in San Francisco, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Condominium Deed | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,001 | New Conventional | |
| Previous Owner | $373,000 | Credit Line Revolving | |
| Previous Owner | $367,250 | Negative Amortization | |
| Previous Owner | $244,086 | Unknown | |
| Previous Owner | $247,500 | Purchase Money Mortgage | |
| Previous Owner | $247,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $510,000 | 0.0% | $759 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Off Market | $510,000 | -- | -- |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | For Sale | $549,000 | -- | $817 / Sq Ft |
Source: San Francisco Association of REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,596 | $510,000 | $306,000 | $204,000 |
| 2024 | $5,596 | $392,284 | $79,699 | $312,585 |
| 2023 | $5,493 | $384,593 | $78,137 | $306,456 |
| 2022 | $5,372 | $377,053 | $76,605 | $300,448 |
| 2021 | $5,263 | $369,660 | $75,103 | $294,557 |
| 2020 | $5,348 | $365,870 | $74,333 | $291,537 |
| 2019 | $5,122 | $358,697 | $72,876 | $285,821 |
| 2018 | $4,788 | $351,665 | $71,448 | $280,217 |
| 2017 | $4,434 | $344,771 | $70,048 | $274,723 |
| 2016 | $4,338 | $338,012 | $68,675 | $269,337 |
| 2015 | $4,283 | $332,936 | $67,644 | $265,292 |
| 2014 | $4,171 | $326,415 | $66,319 | $260,096 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2024
Shane Nugent
Compass
(415) 902-2447
1 in this area
8 Total Sales
-
N
Buyer's Agent in 2024
Non Member Sales
Non Multiple Participant
Map
Source: San Francisco Association of REALTORS® MLS
MLS Number: 424056953
APN: 3731-172
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