NOT LISTED FOR SALE

Estimated Value: $2,246,000

0.4 Acre
$5,591,237 Price per Acre
17,498 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $2,940,000

Est. 24% decrease in value since last sale

Current estimated payment $13,133/month

427 Days on Market

Highlights

  • 0.4 Acre Lot
  • Property is Fully Fenced
  • Gentle Sloping Lot

About This Lot

As of April 2021

Vacant development site located on Geneva Avenue in Daly City. The general plan designation is Commercial Mixed Use, which allows for retail, office, residential, and personal service uses. This is a perfect development site with 175 feet of frontage along Geneva Avenue and 93-foot lot depth. There are no development approvals in place. Buyer needs to check with the Daly City Planning Department regarding potential uses of the property. This offering includes the following parcel numbers: 005-061-010, 005-061-030, 005-061-040, 005-061-050, 005-061-060, and 005-061-070.

Last Agent to Sell the Property

Kirk Trammell

Marcus & Millichap License #01038657 Listed on: 11/07/2018

Last Buyer's Agent

Michael Henshaw

Marcus & Millichap License #01134592

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,736

Lot Details

  • 0.4 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Gentle Sloping Lot

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$10,736

Lot Details

0

Listing Details

  • Zoning: C-1 Light Commercial District
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Building Site Cleared, Improvements - Other, No Site Approval
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link, Complete Perimeter

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Available

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 0.4017
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17500.00
  • Parcel Access: Accessible, City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Mar 29, 2021
Sold by
Hargrove Rose A and Rose A Hargrove Trust
Bought by
2321 Geneva Llc
Seller's Agent
Kirk Trammell
Marcus & Millichap
Buyer's Agent
Michael Henshaw
Marcus & Millichap
List Price
$3,360,000
Sold Price
$2,940,000
Premium/Discount to List
-$420,000
-12.5%
Current Estimated Value
$2,246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$694,000
Avg. Annual Appreciation
-2.76%
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2008
Sold by
Valencia Michael J and Sam F Leonetti Trust
Bought by
Schembri Frank J and Schembri Mary
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
2321 Geneva Llc $2,940,000 First American Title Company
Schembri Frank J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 2321 Geneva Llc $0
Closed 2321 Geneva Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $2,940,000 0.0% --
01/09/2020 01/09/20 Pending -- -- --
01/01/2020 01/01/20 Off Market $2,940,000 -- --
09/13/2019 09/13/19 For Sale $3,360,000 0.0% --
05/01/2019 05/01/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $3,360,000 +14.3% --
04/01/2019 04/01/19 Off Market $2,940,000 -- --
11/07/2018 11/07/18 For Sale $3,360,000 -- --
Source: MLSListings

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 $10,736 $947,128 $947,128 --
2023 $10,736 $910,350 $910,350 $0
2022 $10,269 $892,500 $892,500 $0
2021 $3,129 $248,758 $248,758 $0
2020 $3,165 $246,208 $246,208 $0
2019 $3,085 $241,381 $241,381 $0
2018 $2,951 $236,649 $236,649 $0
2017 $2,926 $232,009 $232,009 $0
2016 $2,802 $227,460 $227,460 $0
2015 $2,705 $224,044 $224,044 $0
2014 $2,635 $219,656 $219,656 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81730533

MLSListings

APN: 005-061-010