NOT LISTED FOR SALE

Estimated Value: $3,415,407

6 Beds
4 Baths
5,814 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $2,550,000 $439 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $20,942/month

37 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to California And Larkin
  • Laundry Facilities
  • Marina Middle School Rated A-
  • Central Heating
  • Washer and Dryer

About This Home

As of August 2014

Location! Location! and Location!. Located in Nob Hill district on California Street Trolley line. It is a mixed used building consisting of Two 2 bedroom and Two 1 bedroom units, with One ground floor commercial unit. The property is close to Polk corridor shopping area, Trader Joe's, Chase Bank, bars, shopping, restaurants, coffee shop, a walk score of 98.

Last Agent to Sell the Property

Wilson Pan

Century 21 Masters License #01372926 Listed on: 07/16/2014

Century 21 Masters

Last Buyer's Agent

Orhan Tolu

Century 21 Masters License #00831544

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,935

Year Built

  • Built in 1906

Lot Details

  • 2,276 Sq Ft Lot

Home Design

  • Mixed Use
  • Frame Construction
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,814 Sq Ft Home
  • Unfinished Basement
  • Partial Basement
  • Dishwasher
  • Washer and Dryer

Flooring

  • Wood
  • Carpet

Home Security

  • Security System Leased
  • Fire and Smoke Detector
  • Fire Suppression System

Utilities

  • Central Heating
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Community Details

  • 5 Units
  • Laundry Facilities
  • 1 Vacant Unit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 0645019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,935

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Mixed Use
  • Year Built: 1906
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial, Storage Area, Unfinished
  • Number Of Rooms: 20
  • Appliances: Dishwasher, Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Wood
  • Laundry Features: In Common Area, Washer/Dryer Owned, WSHD
  • Price Per Square Foot: 438.60
  • Square Footage: 5814.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Roof: Bitumen

Utilities

  • Electric: 220 Volts
  • Heating: Central, Gas, Wall Furnace
  • Security Features: Fire Alarm, Fire Suppression System, Security System Leased

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 0645019
  • Lot Size Acres: 0.0522
  • Lot Size Sq Ft: 2276.00
  • Lot Size Units: SqFt
  • Price Per Acre: 48850574.71
  • Zoning: POLK

Rental Info

  • Lease Term: LSMT,MTOM,OTHR
  • Tenant Pays: Electricity

Building Info

  • Number of Units Total: 5

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 22.65
  • Number of 1 Bedroom Units: 2
  • Number of 2 Bedroom Units: 2
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 21, 2014
Sold by
Zhou Jie Qin
Bought by
Labatt Llc
Seller's Agent
Wilson Pan
Century 21 Masters
Buyer's Agent
Orhan Tolu
Century 21 Masters
List Price
$2,550,000
Sold Price
$2,550,000
Current Estimated Value
$3,415,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,407
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,850,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 31, 2013
Closed on
Nov 23, 2013
Sold by
1549 California St Property Partnership
Bought by
Zhou Qie Jin
Buyer's Agent
Wilson Pan
Century 21 Masters
List Price
$2,180,000
Sold Price
$2,180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.25%
Original Mortgage
$930,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2002
Sold by
Chhabria Joe R and Chhabria Camille
Bought by
1549 California St Property Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 12, 2001
Sold by
Belton George G
Bought by
The George G Belton Trust

Purchase Details

Closed on
Oct 26, 1998
Sold by
Chhabria Joe R and Chhabria Camille
Bought by
The Chhabria Family 1986 Trust

Purchase Details

Closed on
Apr 5, 1994
Sold by
Wenske Gerd B
Bought by
Chhabria Joe R and Chhabria Camille
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
Labatt Llc $2,550,000 North American Title Co Inc
Zhou Qie Jin $2,180,000 Chicago Title Company
1549 California St Property Partnership -- Chicago Title Company
The George G Belton Trust -- --
The Chhabria Family 1986 Trust -- --
Chhabria Joe R -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Labatt Llc $3,500,000
Closed Labatt Llc $1,850,000
Previous Owner Zhou Qie Jin $930,000
Previous Owner 1549 California St Property Partnership $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $2,550,000 0.0% $439 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $2,550,000 +17.0% $439 / Sq Ft
11/27/2013 11/27/13 Sold $2,180,000 0.0% $375 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $2,180,000 -- $375 / 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 $32,935 $1,700,000 $1,190,000 $510,000
2024 $32,935 $2,525,000 $1,515,000 $1,010,000
2023 $32,871 $2,525,000 $1,515,000 $1,010,000
2022 $37,064 $2,887,946 $2,021,564 $866,382
2021 $36,399 $2,831,321 $1,981,926 $849,395
2020 $36,698 $2,802,290 $1,961,604 $840,686
2019 $35,461 $2,747,344 $1,923,142 $824,202
2018 $34,308 $2,693,476 $1,885,434 $808,042
2017 $33,582 $2,640,664 $1,848,465 $792,199
2016 $29,133 $2,257,463 $1,354,478 $902,985
2015 $28,750 $2,223,555 $1,334,133 $889,422
2014 $13,433 $935,899 $415,954 $519,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423122

San Francisco Association of REALTORS® MLS

APN: 0645-019