NOT LISTED FOR SALE

224 Shields St San Francisco, CA 94132

Merced Heights Neighborhood

Estimated Value: $1,334,000 - $1,668,000

2 Beds
1.5 Baths
1,495 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,160,000 $776 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,354/month

10 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Stone Countertops
  • Ortega (Jose) Elementary School Rated A
  • Bonus Room
  • 2-minute walk to Brooks Park

About This Home

As of February 2024

Golden opportunity on the crest of Merced Heights! Newly refurbished home with expansive main level views! Living room and formal dining room with beautifully refinished wood floors, brand new kitchen with stainless appliances, and adjoining half bath. Upstairs offers a very generous primary bedroom and walk-through closet, guest bedroom, full bath with new tile shower, ample closets and storage. Roof access directly off the upper level suggests a future roof deck with views from sea to shining sea! Many extras include wood fireplace, dining room built-ins, walk-in coat closet, original doors and woodwork. Huge finished bonus room down with option for quarter bath, and access to a large tiered back yard. Oversized 1-car garage with additional storage, workbench area, laundry. New electrical panel, new furnace. Must see - endless potential!

Last Agent to Sell the Property

Melinda Lee

Corcoran Icon Properties License #01344377 Listed on: 01/13/2024

Corcoran Icon Properties

Last Buyer's Agent

Stanley Guan

Alliance Bay Realty License #01244438

Alliance Bay Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 2,500 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned RH-1

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Hills

Interior Spaces

  • 1,495 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Range Hood
  • Stone Countertops

Flooring

  • Wood
  • Parquet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Garage Door Opener
  • Open Parking

Utilities

  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 7008-022

Home Details

Home Type

Single Family

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Full
  • Property Condition: Original, Updated/Remodeled
  • Stories: 2
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room, Wood Burning
  • Master Bathroom Features: Shower Stall(s), Tile
  • Master Bedroom Features: Balcony, Walk-In Closet
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Formal Room
  • Living Room Features: View
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Plumbed, Hood Over Range
  • Flooring: Linoleum, Parquet, Tile, Wood
  • Kitchen Features: Breakfast Area, Skylight(s), Stone Counter
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Lower Level: Family Room, Garage, Street Entrance
  • Main Level: Dining Room, Kitchen, Living Room, Partial Bath(s), Street Entrance
  • Price Per Square Foot: 775.92
  • Room Type: Bonus Room
  • Square Footage: 1495.00

Exterior Features

  • Fencing: Back Yard, Fenced
  • View: City Lights, Hills, Ocean, Panoramic

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Enclosed, Garage Door Opener, Interior Access
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central, Gas
  • Security Features: Secured Access, Security Gate

Lot Info

  • Assessor Parcel Number: 7008-022
  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 20209059.23
  • Zoning: RH-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Feb 14, 2024
Sold by
Fine Allen R and Fine Carol A
Bought by
Wang Zhen
Seller's Agent
Melinda Lee
Corcoran Icon Properties
Buyer's Agent
Stanley Guan
Alliance Bay Realty
List Price
$949,000
Sold Price
$1,160,000
Premium/Discount to List
$211,000
22.23%
Views
52
Current Estimated Value
$1,539,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,095
Avg. Annual Appreciation
15.61%
Original Mortgage
$660,000
Outstanding Balance
$647,340
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$891,755

Purchase Details

Closed on
Aug 11, 2023
Sold by
Fine Allen R and Fine Carol A
Bought by
Fine Allen R and Harrison-Fine Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Zhen $1,160,000 Usa National Title Company
Fine Allen R -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Zhen $660,000
Previous Owner Fine Allen R $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $1,160,000 +22.2% $776 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $949,000 -- $635 / 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 $4,337 $1,183,200 $828,240 $354,960
2024 $4,337 $367,772 $225,170 $142,602
2023 $4,275 $360,561 $220,755 $139,806
2022 $4,281 $353,492 $216,427 $137,065
2021 $4,209 $346,562 $212,184 $134,378
2020 $4,272 $343,010 $210,009 $133,001
2019 $4,739 $336,286 $205,892 $130,394
2018 $4,578 $329,693 $201,855 $127,838
2017 $4,226 $323,230 $197,898 $125,332
2016 $4,129 $316,893 $194,018 $122,875
2015 $4,074 $312,134 $191,104 $121,030
2014 $3,968 $306,021 $187,361 $118,660
Source: Public Records

Agents Affiliated with this Home

  • Melinda Lee

    Seller's Agent in 2024

    Melinda Lee

    Corcoran Icon Properties

    (415) 336-0754

    1 in this area

    12 Total Sales

    Melinda Lee
    Section Image

  • S

    Buyer's Agent in 2024

    Stanley Guan

    Alliance Bay Realty

    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424002396

San Francisco Association of REALTORS®

APN: 7008-022

California San Francisco County San Francisco 94132 Merced Heights

224 Shields St, San Francisco, CA

Not Listed for Sale

Detached

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