$2,350,000
SOLD SEP 23, 2024
11 Beds
-- Bath
4,240 Sq Ft
4,216 Sq Ft Lot

Recently Sold

$554 Per Sq Ft

18% Above List Price

16 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Fenced Yard
  • McKinley Elementary School Rated A
  • Corner Lot
  • Central Heating

About This Home

As of September 2024

Located on an extra-large lot on the corner of Ord and Corbett, this beautiful triplex consists of a gorgeous completely detached 2-unit Victorian building on Ord St and a charming 1BR cottage on Corbett Ave. The rented 1BR/1BA cottage is well laid-out with a deck off the kitchen overlooking the yard. The units on Ord St boast soaring ceilings, period details and softwood floors. The tenant-occupied top-floor unit has 3BR/1.5BA with views, back deck and stairs leading down to the garden. The bottom vacant unit with 2BR/1.5BA has refinished softwood/hardwood floors, family room, sun porch with exclusive washer/dryer and direct access to the large garden. Garage parking for one car plus tons of storage and additional washer/dryer for tenants' use is in the basement. With a bus line on Corbett Avenue and walkable to the Castro, this location offers excellent public transport links as well as nearby access to shops, restaurants and cafes. Don't miss out on this exceptional opportunity for developers or an owner-occupier wanting additional income in one of San Francisco's most sought-after neighborhoods.

Last Agent to Sell the Property

Suhl Chin

Corcoran Icon Properties License #01179927 Listed on: 08/12/2024

Corcoran Icon Properties

Last Buyer's Agent

Alan Martinez

Vanguard Properties License #02063685

Vanguard Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,630

Year Built

  • Built in 1900

Lot Details

  • 4,216 Sq Ft Lot
  • Fenced Yard
  • Corner Lot

Home Design

  • Triplex
  • Victorian Architecture
  • Cottage

Interior Spaces

  • 4,240 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Parking

  • 1 Car Garage
  • 1 Open Parking Space

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number 2657-028

Community Details

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,630

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Flats, House(s)
  • Architectural Style: Cottage, Victorian
  • Property Condition: Varies By Unit
  • Levels: Two
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Full, Storage Area
  • Number Of Rooms: 14
  • Flooring: Wood
  • Laundry Features: In Common Area, Varies By Unit, Washer/Dryer Owned
  • Price Per Square Foot: 554.25
  • Square Footage: 4240.00

Exterior Features

  • Exterior Features: Fenced Yard
  • View: Varies By Unit

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 1.00
  • Independent Parking Spaces: 1

Utilities

  • Heating: Central, MultiUnits
  • Utilities: City
  • Water Source: Public

Fee Information

  • Utilities Expenses: 2527

Lot Info

  • Assessor Parcel Number: 2657-028
  • Lot Features: Corner, Garden
  • Lot Size Acres: 0.0968
  • Lot Size Sq Ft: 4216.00
  • Lot Size Units: SqFt
  • Price Per Acre: 24276859.50
  • Special Zones: None

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Trash Collection
  • Number Of Units Month To Month: 2
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 33.76
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 3
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 2
  • Total Number Leasable: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 6, 2024
Sold by
Tsien & Shiang Living Trust and Tsien Richard
Bought by
Allan Alexander Clark and Hughes Philip Pike
Seller's Agent
Suhl Chin
Corcoran Icon Properties
Buyer's Agent
Alan Martinez
Vanguard Properties
List Price
$1,995,000
Sold Price
$2,350,000
Premium/Discount to List
$355,000
17.79%
Views
24
Current Estimated Value
$2,297,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,426
Avg. Annual Appreciation
-1.78%
Original Mortgage
$1,880,000
Outstanding Balance
$1,862,484
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$449,838

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 21, 2024
Sold by
Eicher Jessica A and Fromhgen Bernard
Bought by
Tsien & Shiang Living Trust and Tsien
Seller's Agent
Suhl Chin
Corcoran Icon Properties
Buyer's Agent
Alan Martinez
Vanguard Properties
List Price
$1,995,000
Sold Price
$2,350,000
Premium/Discount to List
$355,000
17.79%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Outstanding Balance
$1,862,484
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$449,838

Purchase Details

Closed on
Aug 25, 2005
Sold by
Eicher Jessica B and Frombgen Bernard A
Bought by
Frombgen Bernard and Eicher Jessica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
5.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 10, 2003
Sold by
Shiang Julia and Tsien Richard W
Bought by
Tsien Richard W and Shiang Julia

Purchase Details

Closed on
Nov 14, 2000
Sold by
Kantor Elizabeth Trust The and Elizabeth
Bought by
Eicher Jessica B and Frombgen Bernard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.63%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,655,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,880,000 New Conventional
Previous Owner $900,000 Commercial
Previous Owner $956,000 Negative Amortization
Previous Owner $1,000,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $2,350,000 +17.8% $554 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $1,995,000 -- $471 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $29,630 $2,518,399 $1,496,279 $1,022,120
2024 $29,630 $2,469,022 $1,466,941 $1,002,081
2023 $29,191 $2,420,613 $1,438,178 $982,435
2022 $28,647 $2,373,154 $1,409,980 $963,174
2021 $28,143 $2,326,624 $1,382,334 $944,290
2020 $28,354 $2,302,771 $1,368,161 $934,610
2019 $27,380 $2,257,621 $1,341,335 $916,286
2018 $26,448 $2,213,357 $1,315,036 $898,321
2017 $25,838 $2,169,960 $1,289,252 $880,708
2016 $25,436 $2,127,415 $1,263,974 $863,441
2015 $25,117 $2,095,462 $1,244,989 $850,473
2014 $24,453 $2,054,419 $1,220,603 $833,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424055669

San Francisco Association of REALTORS® MLS

APN: 2657-028