Seller's Agent in 2023
Alan Morcos
Compass
(415) 505-7779
2 in this area
40 Total Sales
Fixer or Development Potential on Historic Ringold Street. There are Four Vacant Units, split between separate Front and Rear Buildings. The Upper Unit in the Front Building has 2 Bedrooms, a Living Room, Bathroom and Eat-In Kitchen. The Lower Unit in the Front Building can be used as either a 1 or 2 bedroom and has an Eat-In Kitchen and Bathroom. The Rear Building consists of two 1 Bedroom Units, each with an Entry Foyer, Dining Room and Bathroom. Large Basement under Front Building and Smaller Storage Closets under Rear Building. New Roof on Front Building in 2021. There is deferred maintenance in all units and common areas. An excellent SOMA location, Ringold Street runs parallel to Folsom Street and is between 8th and 9th Streets. Cash purchase or hard money loan required as property does not qualify for conventional financing.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $750,000 | -6.1% | $329 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/10/2023 07/10/23 | For Sale | $799,000 | 0.0% | $350 / Sq Ft |
| 06/18/2023 06/18/23 | Pending | -- | -- | -- |
| 06/07/2023 06/07/23 | For Sale | $799,000 | -- | $350 / Sq Ft |
| 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 | $11,165 | $765,000 | $726,750 | $38,250 |
| 2024 | $11,165 | $750,000 | $712,500 | $37,500 |
| 2023 | $16,212 | $1,233,029 | $739,818 | $493,211 |
| 2022 | $15,878 | $1,208,853 | $725,312 | $483,541 |
| 2021 | $15,563 | $1,185,151 | $711,091 | $474,060 |
| 2020 | $15,812 | $1,173,000 | $703,800 | $469,200 |
| 2019 | $2,478 | $64,647 | $25,851 | $38,796 |
| 2018 | $1,757 | $63,381 | $25,345 | $38,036 |
| 2017 | $1,441 | $62,140 | $24,849 | $37,291 |
| 2016 | $1,371 | $60,922 | $24,362 | $36,560 |
| 2015 | $1,342 | $60,008 | $23,997 | $36,011 |
| 2014 | $1,312 | $58,833 | $23,527 | $35,306 |
Seller's Agent in 2023
Alan Morcos
Compass
(415) 505-7779
2 in this area
40 Total Sales
Buyer's Agent in 2023
Mazen Bahu
Century 21 Masters
(650) 921-0186
1 in this area
13 Total Sales
Source: San Francisco Association of REALTORS®
MLS Number: 423747358