$325,000
SOLD DEC 19, 2024
0.04 Acre
$7,611,241 Price per Acre
1,860 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

16% Below List Price

138 Days on Market

Highlights

  • City View
  • Side by Side Parking
  • Level Lot
  • Daniel Webster Elementary School Rated 9+
  • Security Gate
  • 4-minute walk to Victoria Manalo Draves Park

About This Lot

As of December 2024

Best VACANT lot price in San Francisco! Absolutely amazing opportunity for BUILDER or INVESTOR. One of TWO side by side VACANT PARCELS currently used as a parking lot. Both side by side vacant lots are for sale and listed separately in the MLS. Both lots maybe sold separately or together. Better yet and for BETTER PRICE, these two side by side vacant lots may be sold with adjoining side by side parcels at 1665 Folsom Street (Two level Restaurant Bldg. using 50% parking lot) and 1655 Folsom Street (Former Auto Body shop with DUAL FRONTAGE over to Isis Street). Also available for the BEST PRICE lots can be purchase with TWO contiguous parcels at 60 13th Street and 39 Isis Street. Absolutely amazing SIX PARCEL portfolio in SOMA neighborhood. All 6 listings coming on MLS very soon. Per the SF Planning Website- This Vacant Lot- Zoning is WMUG-WSOMA-Mixed Use General. Per SF tax record both lots are zoned COM-NEC - County Use states miscellaneous.

Last Agent to Sell the Property

Tim Hawko

Park North Real Estate License #01159599 Listed on: 07/05/2024

Co-Listed By

Kathleen Tostanoski

Park North Real Estate License #01851117

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,243

Lot Details

  • 1,860 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Property Views

  • City Views

Parking

  • 6 Parking Spaces
  • Side by Side Parking

Listing and Financial Details

  • Assessor Parcel Number 3522-062

Property Details

Property Type

Land

Est. Annual Taxes

$2,243

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial Lot
  • Special Features: None

Exterior Features

  • Fencing: Chain Link
  • Road Surface Type: Paved
  • View: City
  • Road Frontage Type: City Street

Garage/Parking

  • Parking Access: Side By Side
  • Total Parking Spaces: 6.00

Utilities

  • Electric: Electric TBD

Lot Info

  • Assessor Parcel Number: 3522-062
  • Current Use: Commercial
  • Lot Features: Paved, Security Gate
  • Lot Size Acres: 0.0427
  • Lot Size Sq Ft: 1860.00
  • Lot Size Units: SqFt
  • Price Per Acre: 7611241.22
  • Topography: Level
  • Number Of Lots: 1
  • Possible Use: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
1665 Folsom St Partners Llc and 1655 Folsom St Partners Llc
Bought by
1655 Folsom St Partners Llc
Current Estimated Value
$318,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,344,446
Interest Rate
7.04%
Estimated Equity
-$1,021,446

Purchase Details

Listed on
Jul 5, 2024
Closed on
Dec 2, 2024
Sold by
Taylor Thomas Jesse and Goldstein Jerome
Bought by
1665 Folsom St Partners Llc
Seller's Agent
Tim Hawko
Park North Real Estate
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$388,000
Sold Price
$325,000
Premium/Discount to List
-$63,000
-16.24%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.83%
Original Mortgage
$3,850,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2020
Sold by
Goldstein Jerome and Taylor Thomas Jesse
Bought by
Goldstein Jerome and Taylor Thomas Jesse
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 Type Sale Price Title Company
Grant Deed -- Old Republic Title
Grant Deed -- Old Republic Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 No Value Available
Open $2,540,000 New Conventional
Previous Owner $3,850,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $325,000 -16.2% $175 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $388,000 -- $209 / 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 $2,243 $88,007 $78,708 $9,299
2024 $2,243 $86,282 $77,165 $9,117
2023 $2,175 $84,591 $75,652 $8,939
2022 $2,111 $82,933 $74,169 $8,764
2021 $2,049 $81,308 $72,715 $8,593
2020 $2,067 $80,475 $71,970 $8,505
2019 $2,004 $78,898 $70,559 $8,339
2018 $1,598 $77,352 $69,176 $8,176
2017 $1,281 $75,836 $67,820 $8,016
2016 $1,229 $74,350 $66,491 $7,859
2015 $1,211 $73,234 $65,493 $7,741
2014 $1,181 $71,801 $64,211 $7,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424046501

San Francisco Association of REALTORS® MLS

APN: 3522-061