NOT LISTED FOR SALE

Estimated Value: $1,017,844 - $1,047,000

2 Beds
2 Baths
1,550 Sq Ft
$927/mo HOA Fee

Last Sold November 01, 2021

Last sale price $1,260,000 $813 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $7,519/month

18 Days on Market

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Quartz Countertops
  • Daniel Webster Elementary School Rated 9+
  • Loft
  • The community has rules related to allowing live work

About This Home

As of November 2021

Stunning, modern SOMA loft offers a grand-scale 2 BD, 2 BA tri-level floor plan with soaring ceiling heights in both living and rec rooms, a dramatic lofted primary bedroom suite, and a deeded balcony. Just steps away from a selection of the city's largest tech headquarters, 161 Gilbert #4 is intelligently formatted to maximize a grand separation of space without compromising the unit's open loft feel. The home features a full floor entertaining area with 2 large flex spaces centered around a decadent chef's kitchen, 2 spacious bedrooms, 2 full baths, supplemental storage, and RARE 2-car garage that is private and internally accessible. Kitchen features a new premium appliance package, ample counter space, and contemporary cabinetry. 161 Gilbert is a boutique loft development conveniently located at the border of SOMA and Mission Bay. Offers easy access to I-280, I-10, the Bay Bridge, Fourth and King Caltrain station, and Oracle Park with all daily conveniences close at hand.

Last Agent to Sell the Property

Marcus Lee

Compass License #01354869 Listed on: 09/24/2021

Compass

Co-Listed By

Todd Montgomery

Compass License #01875716

Last Buyer's Agent

Tim An

City Real Estate License #02069567

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,474

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 8,821

HOA Fees

  • $927 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,550 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Storage Room
  • Stacked Washer and Dryer
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Parking

  • 2 Car Attached Garage
  • Enclosed Parking
  • Side by Side Parking

Listing and Financial Details

  • Assessor Parcel Number 3784112

Community Details

Overview

  • Association fees include common areas, earthquake insurance, insurance on structure, maintenance exterior, ground maintenance, management, security, sewer, trash, water
  • 16 Units
  • The community has rules related to allowing live work

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,474

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$927 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Live/Work, Loft
  • Property Condition: Updated/Remodeled
  • Levels: Three Or More
  • Remodeled/Updated: Yes
  • Remodeled Updated Desc: Bath 0-5YR, Kitchen 0-5YR
  • Year Built: 1995
  • Special Features: None
  • Stories: 0

Interior Features

  • Master Bathroom Features: Tile, Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Living Combo
  • Bathroom Features: Tile, Tub
  • Entry Level: 2
  • Flooring: Tile, Wood
  • Kitchen Features: Quartz Counter
  • Laundry Features: Washer/Dryer Stacked Included
  • Lower Level: Bedroom(s), Garage, Street Entrance
  • Main Level: Full Bath(s), Kitchen, Living Room, Street Entrance
  • Price Per Square Foot: 812.90
  • Room Type: Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Office, Storage
  • Square Footage: 1550

Exterior Features

  • Driveway Sidewalks: Paved Sidewalk

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Attached, Enclosed, Interior Access, Private, Side-by-Side
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 927
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Earthquake Insurance, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Security, Sewer, Trash, Water
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 3784112
  • Lot Size Acres: 0.2025
  • Lot Size Sq Ft: 8820
  • Lot Size Units: SqFt
  • Price Per Acre: 6222222.22

Rental Info

  • Pets Allowed: Number Limit

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 22, 2021
Sold by
Safai Nicolai
Bought by
Sainani Varun and Palanikumar Kavita
Seller's Agent
Marcus Lee
Compass
Buyer's Agent
Tim An
City Real Estate
List Price
$1,250,000
Sold Price
$1,260,000
Premium/Discount to List
$10,000
0.8%
Current Estimated Value
$1,034,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,385
Avg. Annual Appreciation
-4.87%
Original Mortgage
$994,000
Outstanding Balance
$897,160
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$137,455

Purchase Details

Closed on
Sep 15, 2016
Sold by
Braun Jean C
Bought by
Safai Nicolai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Braun Jean C
Bought by
Braun Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2008
Sold by
Braun Jean Cook
Bought by
Braun Jean C

Purchase Details

Closed on
Nov 27, 1995
Sold by
Soma Lofts Inc
Bought by
Braun Jean Cook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
7.42%
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
Sainani Varun $1,260,000 First American Title Company
Safai Nicolai $975,000 Chicago Title Company
Braun Jean C -- Accommodation
Braun Jean C -- Placer Title
Braun Jean C -- None Available
Braun Jean Cook $269,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sainani Varun $994,000
Previous Owner Safai Nicolai $535,000
Previous Owner Braun Jean C $343,000
Previous Owner Braun Jean Cook $171,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $1,260,000 +0.8% $813 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,250,000 -- $806 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $13,474 $1,050,000 $630,000 $420,000
2024 $13,474 $1,050,000 $630,000 $420,000
2023 $16,260 $1,285,200 $771,120 $514,080
2022 $15,945 $1,260,000 $756,000 $504,000
2021 $13,400 $1,045,395 $627,237 $418,158
2020 $13,455 $1,034,677 $620,806 $413,871
2019 $12,998 $1,014,390 $608,634 $405,756
2018 $12,265 $994,500 $596,700 $397,800
2017 $4,824 $385,032 $143,132 $241,900
2016 $4,721 $377,483 $140,326 $237,157
2015 $4,660 $371,814 $138,219 $233,595
2014 $4,537 $364,532 $135,512 $229,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421595969

San Francisco Association of REALTORS®

APN: 3784-112