NOT LISTED FOR SALE

Estimated Value: $692,000 - $886,000

1 Bed
2 Baths
906 Sq Ft
3,145 Sq Ft Lot

Highlights

  • Built-In Refrigerator
  • Wood Flooring
  • 3-minute walk to South Park
  • Daniel Webster Elementary School Rated 9+
  • 1 Car Attached Garage

About This Home

As of November 2022

This well-situated 1 bedroom, 1.5 bathroom loft is in the heart of South Beach's lively tech and entertainment district on a low-traffic side street. With 15-foot ceilings and expansive windows, this light and airy 906 sq. ft. space (per owner) is well-suited for the city dweller. Like all true lofts, the upper level is partially open to the level below. The living room offers an open floor plan great for entertaining your guest. There's a fully equipped kitchen with granite counters, stainless steel appliances (new in 2014), a covered patio, and space for a dining table. The kitchen includes a full-sized refrigerator, a gas range, a dishwasher and microwave. There's a full bathroom with a tub on the lower level and a half bathroom on the upper level. 226 Ritch Street is a small live/work building located off a major street on a small one-way side street. There are only 8 units in the building and extra storage available.

Last Agent to Rent the Property

Kyle Algeo

Luxe Places International Real License #01805395 Listed on: 09/22/2022

Last Renter's Agent

Kyle Algeo

Luxe Places International Real License #01805395 Listed on: 09/22/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,714

Year Built

  • Built in 1996

Lot Details

  • 3,145

Interior Spaces

  • 2 Full Bathrooms
  • 906 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Open Parking
  • Assigned Parking

Community Details

  • Mid-Rise Condominium

Listing and Financial Details

  • Security Deposit $3,695
  • 12 Month Lease Term
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 3776-120

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,714

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Minimum Rent Period: 12 months
  • Security Deposit: 3695
  • Smoking: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subtype Description: Mid-Rise (4-8)
  • Stories: 4
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Appliances: Built-in Gas Oven, Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal, Microwave
  • Flooring: Wood
  • Laundry Features: In Garage
  • Square Footage: 906.00

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Attached, Covered, Garage Door Opener
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00
  • Parking Available: Yes

Lot Info

  • Assessor Parcel Number: 3776-120
  • Lot Size Acres: 0.0722
  • Lot Size Sq Ft: 3146.00
  • Lot Size Units: SqFt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2011
Sold by
Schrader Paul and Komotoas Greg L
Bought by
Schrader Paul and Komoto Greg L
Current Estimated Value
$784,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,500
Outstanding Balance
$268,474
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$516,490

Purchase Details

Closed on
Mar 2, 2009
Sold by
Schrader Paul and Komoto Greg L
Bought by
Schrader Paul and Komoto Greg L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Shibata Riri and Tsukiyama Toshio
Bought by
Schrader Paul and Komoto Greg L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1999
Sold by
Evan Driscoll
Bought by
Shibata Riri and Tsukiyama Toshio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.25%

Purchase Details

Closed on
Oct 8, 1996
Sold by
Donegan Patrick
Bought by
Driscoll Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.35%
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
Schrader Paul -- None Available
Schrader Paul -- Old Republic Title Company
Schrader Paul -- Old Republic Title Company
Schrader Paul $580,000 Fidelity National Title Co
Shibata Riri $345,000 Fidelity National Title Co
Driscoll Evan $195,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrader Paul $392,500
Closed Schrader Paul $408,000
Closed Schrader Paul $417,000
Previous Owner Shibata Riri $276,000
Previous Owner Driscoll Evan $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2022 11/12/22 Rented $3,400 0.0% --
11/01/2022 11/01/22 Price Changed $3,400 -5.4% $4 / Sq Ft
10/21/2022 10/21/22 Price Changed $3,595 -2.7% $4 / Sq Ft
09/22/2022 09/22/22 For Rent $3,695 +36.9% --
02/23/2021 02/23/21 Rented $2,700 +3.8% --
01/11/2021 01/11/21 Price Changed $2,600 0.0% $3 / Sq Ft
01/11/2021 01/11/21 For Rent $2,600 -97.8% --
05/27/2010 05/27/10 Off Market $119,000 -- --
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 $9,714 $777,060 $388,530 $388,530
2024 $9,714 $761,824 $380,912 $380,912
2023 $9,562 $746,888 $373,444 $373,444
2022 $9,371 $732,244 $366,122 $366,122
2021 $9,203 $717,888 $358,944 $358,944
2020 $9,306 $710,528 $355,264 $355,264
2019 $8,941 $696,598 $348,299 $348,299
2018 $8,641 $682,940 $341,470 $341,470
2017 $8,316 $675,967 $334,775 $341,192
2016 $8,168 $662,839 $328,211 $334,628
2015 $7,992 $646,562 $323,281 $323,281
2014 $7,782 $633,898 $316,949 $316,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422696775

San Francisco Association of REALTORS®

APN: 3776-120