NOT LISTED FOR SALE

Estimated Value: $754,000 - $810,000

2 Beds
1.5 Baths
1,174 Sq Ft
$742/mo HOA Fee

Last Sold August 04, 2020

Last sale price $940,000 $801 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,934/month

24 Days on Market

Highlights

  • Unit is on the top floor
  • Contemporary Architecture
  • Wood Flooring
  • City Lights View
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of August 2020

Rarely available Penthouse located in a boutique 12 unit building in Central SOMA. Beautifully updated top floor 1 bedroom 1.5 loft condo with dramatic architectural details. Desirable open floor plan including soaring 17+ foot ceilings. Recent upgrades include refinished hardwood floors, all new stainless steel appliances and new in unit washer/dryer. Kitchen with granite counters and new gas range. Master Bedroom and full bath on second level. Secured parking for one car. Staged and move in Ready! Virtual tour: http://www.249shipley11.com/

Last Agent to Sell the Property

Terri Lajoie

SC Properties License #01896747 Listed on: 06/12/2020

Last Buyer's Agent

Rebecca Preece

TPH ZeroDown Brokerage, Inc. License #01924429

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,698

Year Built

  • 1999

Lot Details

  • 5,576

HOA Fees

  • $742 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,174 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • City Lights Views
  • Security Gate

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Loft Bedroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Location

  • Unit is on the top floor

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - hazard
  • 12 Units
  • 249 Shipley HOA

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,698

Year Built

1999

Lot Details

0

HOA Fees

$742 per month

Parking

1

Listing Details

  • Zoning: MUR
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Allowed
  • Age: 21
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 12
  • Min Numberof Unitsin Complex: 12
  • Structure Sq Ft: 1174
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1174
  • Stories: 2
  • Security: Security Building
  • Bedrooms: Loft Bedroom
  • Laundry: Inside, Washer / Dryer
  • Flooring: Concrete, Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Slab
  • View: City Lights
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Electric Gate, Gate / Door Opener

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 742
  • HOA Documents: Assoc. Membership Pre-Approval Reqd, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Hazard
  • HOA Exist: Yes
  • H O A Name Text: 249 Shipley HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Vaulted Ceiling

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Description: Regular

Multi Family

  • Utilities: Individual Electric Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit, Top Floor Or Penthouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Balachandran Jey Kanth Prasad and De Los Angeles
Bought by
Balachandran Jey Kanth Prasad and Roy Maria D
Current Estimated Value
$785,321

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 20, 2020
Sold by
Connell Patricia M and Henson Mark S
Bought by
Balachandran Jey Kanth Prasad and Roy Maria Delos
Seller's Agent
Terri Lajoie
SC Properties
Buyer's Agent
Rebecca Preece
TPH ZeroDown Brokerage, Inc.
List Price
$960,000
Sold Price
$940,000
Premium/Discount to List
-$20,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$752,000
Outstanding Balance
$671,266
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$112,745

Purchase Details

Closed on
Oct 23, 2009
Sold by
Connell Henson Nancy M
Bought by
Connell Henson Nancy M

Purchase Details

Closed on
Aug 12, 2009
Sold by
Connell Henson Nancy M
Bought by
Connell Henson Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Connell Henson Nancy
Bought by
Connell Henson Nancy M

Purchase Details

Closed on
Dec 11, 2006
Sold by
Campbell Laine V
Bought by
Connell Henson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2004
Sold by
Buckley Daniel Kieran and Bauer Donald C
Bought by
Campbell Laine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Bmb Associates Llc
Bought by
Buckley Daniel Kieran and Bauer Donald C

Purchase Details

Closed on
May 30, 2001
Sold by
Maguire Peter and Bauer Donald C
Bought by
Bmb Associates Llc

Purchase Details

Closed on
Mar 7, 2000
Sold by
249 Shipley Street Associates Llc
Bought by
Bauer Donald C and Kieran Buckley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.22%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Balachandran Jey Kanth Prasad -- None Available
Balachandran Jey Kanth Prasad $940,000 North American Title Co Inc
Connell Henson Nancy M -- None Available
Connell Henson Nancy M -- Fidelity National Title Co
Connell Henson Nancy M -- None Available
Connell Henson Nancy $594,000 First American Title Co
Campbell Laine $484,000 Old Republic Title Company
Buckley Daniel Kieran -- --
Bmb Associates Llc -- Old Republic Title Company
Bauer Donald C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balachandran Jey Kanth Prasad $752,000
Previous Owner Henson Nancy M Connell $265,000
Previous Owner Connell Henson Nancy M $290,500
Previous Owner Connell Henson Nancy $310,000
Previous Owner Campbell Laine $112,800
Previous Owner Campbell Laine $387,200
Previous Owner Bauer Donald C $328,000
Closed Campbell Laine $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $940,000 +4.6% $801 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $899,000 -6.4% $766 / Sq Ft
06/12/2020 06/12/20 For Sale $960,000 -- $818 / Sq Ft
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 $10,698 $820,000 $492,000 $328,000
2024 $10,698 $997,533 $598,520 $399,013
2023 $12,566 $977,975 $586,785 $391,190
2022 $12,317 $958,800 $575,280 $383,520
2021 $12,085 $940,000 $564,000 $376,000
2020 $12,424 $950,000 $475,000 $475,000
2019 $9,381 $713,412 $356,706 $356,706
2018 $8,833 $699,424 $349,712 $349,712
2017 $8,430 $685,710 $342,855 $342,855
2016 $8,279 $672,266 $336,133 $336,133
2015 $8,176 $662,168 $331,084 $331,084
2014 $7,962 $649,198 $324,599 $324,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81796475

MLSListings

APN: 3753-217