NOT LISTED FOR SALE

Estimated Value: $1,626,650

4 Beds
3 Baths
2,048 Sq Ft
$794/Sq Ft Est. Value

Last Sold August 11, 2015

Last sale price $1,220,000 $596 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,405/month

14 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-minute walk to Judah And 34Th Avenue
  • Forced Air Heating System
  • Stevenson (Robert Louis) Elementary School Rated A
  • Tile Countertops

About This Home

As of August 2015

Delightful Sunset Opportunity! Two residential flats (2 beds/1 bath each) and one ground floor commercial unit (vacant). The TOP floor unit is also vacant with recently refinished wood floors, mostly updated bathroom, fireplace and enjoyable views of the ocean and northern city views. Lower flat is tenant occupied (same floor plan). 1 car garage. Small yard. Commercial address is 2951 Judah Street. Close to streetcar line & neighborhood shopping.

Last Agent to Sell the Property

Samantha Competente

Compass License #01372566 Listed on: 06/24/2015

Last Buyer's Agent

Winnie Fok

Sotheby's International Realty License #01235265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,983

Year Built

  • 1944

Lot Details

  • 1,917

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,048 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Oven
  • Tile Countertops

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $6,000
  • Operating Expense $7,700
  • Gross Income $70,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,983

Year Built

1944

Lot Details

0

Parking

1

Listing Details

  • Zoning: rh-3
  • Subclass: Multiple Dwellings / Structures
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2048
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Kitchen: Countertop - Tile, Oven - Gas
  • Living Sq Ft: 2048
  • Stories: 3

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1916.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1916.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.10
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 6000
  • Expenses Total: 7700
  • Income Annual Gross: 70560.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Maintenance - Capital Improvements
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 24, 2015
Sold by
Borneleit Adam
Bought by
Ng Nicole Anne and Ng Jordan
Seller's Agent
Samantha Competente
Compass
Buyer's Agent
Winnie Fok
Sotheby's International Realty
List Price
$799,000
Sold Price
$1,220,000
Premium/Discount to List
$421,000
52.69%
Current Estimated Value
$1,626,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,650
Avg. Annual Appreciation
2.58%
Original Mortgage
$600,000
Outstanding Balance
$473,671
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,100,712

Purchase Details

Closed on
May 2, 1997
Sold by
Irene Borneleit
Bought by
Borneleit Irene
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ng Nicole Anne $1,220,000 Fidelity National Title Co
Borneleit Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Nicole Anne $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2015 08/11/15 Sold $1,220,000 +52.7% $596 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $799,000 -- $390 / Sq Ft
Source: MLSListings

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 $17,983 $1,478,442 $1,010,956 $467,486
2024 $17,983 $1,449,456 $991,134 $458,322
2023 $17,621 $1,421,038 $971,700 $449,338
2022 $17,272 $1,393,178 $952,648 $440,530
2021 $16,969 $1,365,864 $933,970 $431,894
2020 $17,146 $1,351,860 $924,394 $427,466
2019 $16,565 $1,325,356 $906,270 $419,086
2018 $16,004 $1,299,372 $888,500 $410,872
2017 $15,520 $1,273,898 $871,080 $402,818
2016 $1,774 $104,957 $48,772 $56,185
2015 $1,746 $103,382 $48,040 $55,342
2014 -- $101,357 $47,099 $54,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81472052

MLSListings

APN: 1819-039A