NOT LISTED FOR SALE
11 Beds
-- Bath
9,711 Sq Ft
1908 Built

Sale Details

Date Sold: November 28, 2012

Last sale price $3,600,310 $371 Per Sq Ft

52 Days on Market

Highlights

  • Edwardian Architecture
  • 1-minute walk to California And Leavenworth
  • Central Heating
  • Marina Middle School Rated A-
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of November 2012

18 apartments in a seismically-upgraded wood-frame building. 2 two-bedroom, one bath units, 7 one-bedroom, one bath units and 9 studios. This well-maintained building was originally built in 1908 and has been proudly held by the same family since the 1950's. It is now known as the Falmouth Apartments. The building consists of 3 living levels above a full basement, much of which is unused, and offers excellent potential. The 3 living levels have 6 units each. The first level includes the manager's apartment. All of the apartments have charming original detail with hardwood floors, moldings and good closet space. The kitchens have gas ranges. Several units have been updated recently. A high Walk Score of 98 attracts tenants!

Last Agent to Sell the Property

David Parry

Sotheby's International Realty License #DRE #00908501 Listed on: 09/18/2012

Sotheby's International Realty

Co-Listed By

John Asdourian

Sotheby's International Realty License #DRE #00952669

Last Buyer's Agent

Jeffrey Salgado

Compass License #01501886

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Home Design

  • Edwardian Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 9,711 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 27.5 x 137.5

Utilities

  • Central Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 18 Units
  • Built by Chas. M. Rousseau

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0277023

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Builder Name: Chas. M. Rousseau
  • Year Built: 1908
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Full
  • Appliances: Free Standing Refrigerator, OVFR
  • Flooring: Wood
  • Laundry Features: NONE
  • Price Per Square Foot: 370.75
  • Square Footage: 9711.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel

Utilities

  • Heating: Central, Gas, Steam

Lot Info

  • Assessor Parcel Number: 0277023
  • Lot Dimensions: 27.5 x 137.5
  • Zoning: RC-4

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas

Building Info

  • Building Name: Falmouth Apartments
  • Number of Units Total: 18

Multi Family

  • Gross Rent Multiplier: 13.02
  • 1 Bedroom Rent Range: $821-1995
  • Two Bedroom Rent Range: $2400
  • Number of Studio Units: 9
  • Separate Meters: Electricity, Gas
  • Studio Rent Range: $444-1500

MLS Schools

  • School District County: San Francisco

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 20, 2012
Sold by
Bought by
Seller's Agent
David Parry
Sotheby's International Realty
Buyer's Agent
Jeffrey Salgado
Compass
List Price
$3,600,310
Sold Price
$3,600,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
0.0333%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,600,500 Fidelity National Title Co
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $3,600,310 0.0% $371 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $3,600,310 -- $371 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $52,842 $4,433,516 $2,881,922 $1,551,594
2024 $52,842 $4,346,585 $2,825,414 $1,521,171
2023 $51,843 $4,261,359 $2,770,014 $1,491,345
2022 $50,832 $4,177,803 $2,715,700 $1,462,103
2021 $49,957 $4,096,246 $2,662,451 $1,433,795
2020 $51,062 $4,056,995 $2,635,151 $1,421,844
2019 $49,353 $3,977,508 $2,583,482 $1,394,026
2018 $47,649 $3,899,580 $2,532,826 $1,366,754
2017 $46,803 $3,823,179 $2,483,163 $1,340,016
2016 $46,048 $3,748,277 $2,434,474 $1,313,803
2015 $45,444 $3,692,022 $2,213,349 $1,478,673
2014 $44,259 $3,619,762 $2,169,993 $1,449,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 401068

San Francisco Association of REALTORS®
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