NOT LISTED FOR SALE

Estimated Value: $2,302,000 - $2,635,981

3 Beds
3 Baths
1,971 Sq Ft
2,500 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $2,895,000 $1,469 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $15,564/month

51 Days on Market

Highlights

  • Views of Twin Peaks
  • Home Theater
  • Contemporary Architecture
  • McKinley Elementary School Rated A
  • Built-In Refrigerator
  • Radiant Floor

About This Home

As of June 2021

A contemporary classic: 3 bedrooms, 3 baths, and just shy of 2,000 square feet. Indoor-outdoor living comes courtesy of an open design concept, floor-to-ceiling windows, and multiple outdoor seating areas. The well-appointed kitchen boasts Calacatta marble countertops, top-flight appliances, walnut cabinetry, and a center island, while the baths are appointed with Lexington grey basalt tile, Graff and Franke fixtures, and white marble countertops. The two front bedrooms enjoy sweeping Sutro Tower and Bernal Hill views. On the lower level you'll find a media room with custom black-walnut wet bar, home office that easily converts to a fourth bedroom, and a full bath. The entire home has been smart-wired with CAT 6 ethernet and equipped with radiant floor heating and quarter-sawn wide-plank European white oak floors throughout. 1-car parking and a private yard are included. Lower Terrace is near idyllic Corona Heights & Buena Vista Parks and just steps to many of the city's charms.

Last Agent to Sell the Property

Brendon Kearney

Compass License #01350213 Listed on: 04/02/2021

Compass

Last Buyer's Agent

Lauren Fraser

Sotheby's International Realty License #01997782

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,237

Year Built

  • Built in 1963

Lot Details

  • Landscaped
  • Sprinkler System

Property Views

  • Twin Peaks
  • Hills

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,971 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Intercom

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener

Utilities

  • Zoned Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • 160 162 Lower Terrace HOA

Listing and Financial Details

  • Assessor Parcel Number 2618091

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,237

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Luxury
  • Architectural Style: Contemporary, Modern/High Tech
  • Levels: Two
  • Other Equipment: Intercom
  • Year Built: 1963
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks, Marble, Multiple Shower Heads, Radiant Heat
  • Master Bedroom Features: Closet
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Deck Attached, Great Room, Other
  • Appliances: Built-in Gas Oven, Built-in Refrigerator, Dishwasher, Disposal, Gas Cook Top, Gas Water Heater, Hood Over Range, Ice Maker, Microwave
  • Bathroom Features: Marble, Radiant Heat, Tub, Tub w/Shower Over, Window
  • Family Room Features: Deck Attached
  • Flooring: Wood
  • Interior Amenities: Wet Bar
  • Kitchen Features: Island, Kitchen/Family Combo, Marble Counter, Pantry Cabinet
  • Laundry Features: Cabinets, Laundry Closet, Washer/Dryer Stacked Included
  • Lower Level: Bedroom(s), Family Room, Full Bath(s), Garage
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom
  • Price Per Square Foot: 1468.80
  • Room Type: Dining Room, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office
  • Square Footage: 1971.00
  • Window Features: Window Coverings

Exterior Features

  • View: Hills, Twin Peaks

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Attached, Garage Door Opener, Interior Access
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: None
  • Heating: MultiZone, Radiant Floor
  • Utilities: Public

Association/Amenities

  • Association Name: 160-162 Lower Terrace HOA

Lot Info

  • Assessor Parcel Number: 2618091
  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscape Front
  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 50435540.07

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 2, 2021
Sold by
Chong Albert Jiyong and Chong Jayong Jung
Bought by
Morcos Andrew Constantine and Brown Ronald Singleton
Seller's Agent
Brendon Kearney
Compass
Buyer's Agent
Lauren Fraser
Sotheby's International Realty
List Price
$2,895,000
Sold Price
$2,895,000
Current Estimated Value
$2,479,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$415,505
Avg. Annual Appreciation
-4.06%
Original Mortgage
$2,026,500
Outstanding Balance
$1,838,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$584,751

Purchase Details

Closed on
May 24, 2017
Sold by
160 Lt Llc
Bought by
Chong Albert Jiyong and Jung Jayong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Sold by
Brown Lindsay Meredith and Mazo Alexander
Bought by
160 Lt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
3.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 7, 2014
Sold by
Mazo Galina
Bought by
Brown Lindsay Meredith and Mazo Alexander

Purchase Details

Closed on
Mar 24, 2006
Sold by
Baltzer Ruth A
Bought by
Marchi Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,748,160
Interest Rate
6.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Morcos Andrew Constantine $2,895,000 First American Title Company
Chong Albert Jiyong $2,650,000 First American Title Company
160 Lt Llc -- Old Republic Title Company
Brown Lindsay Meredith -- None Available
Marchi Gene -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morcos Andrew Constantine $2,026,500
Previous Owner Chong Albert Jiyong $175,000
Previous Owner Chong Albert Jiyong $2,000,000
Previous Owner 160 Lt Llc $1,550,000
Previous Owner Marchi Gene $1,748,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $2,895,000 0.0% $1,469 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $2,895,000 0.0% $1,469 / Sq Ft
05/06/2021 05/06/21 Off Market $2,895,000 -- --
04/02/2021 04/02/21 For Sale $2,895,000 -- $1,469 / 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 $28,237 $2,060,086 $1,030,000 $1,030,000
2024 $28,237 $2,350,110 $1,175,000 $1,175,000
2023 $36,157 $3,012,088 $1,505,978 $1,505,978
2022 $35,488 $2,953,040 $1,476,450 $1,476,450
2021 $34,314 $2,841,534 $1,988,934 $852,600
2020 $34,446 $2,812,457 $1,968,540 $843,917
2019 $33,260 $2,757,317 $1,929,942 $827,375
2018 $32,137 $2,703,257 $1,892,100 $811,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421533574

San Francisco Association of REALTORS® MLS

APN: 2618-091