NOT LISTED FOR SALE

Estimated Value: $369,050 - $3,828,000

0.06 Acre
$33,901,858 Price per Acre
2,696 Sq Ft Lot

Last Sold October 18, 2024

Last sale price $360,000 $134 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $11,424/month

63 Days on Market

Highlights

  • Water Views
  • High Speed Internet
  • Partially Fenced Property

About This Lot

As of October 2024

Rare opportunity for investors, architects, developers or savvy real estate owners at 256 Bemis Street in sought-after Glen Park. This vacant lot, zoned RH-1, presents multiple development possibilities. Upon request, you can review several reports that outline a feasibility study for a single-family residence (SFR) with ADU options, and it's primed for expedited development under California Senate Bill 9 (SB-9) for a fast-track lot split and construction of 4 ADU units. The upslope lot promises picturesque views, making it an ideal canvas for a stunning home or an income-generating property with 4 units. This prime location is within walking distance of Glen Park's vibrant dining, shopping, and transportation options, including BART and Muni, with easy access to I-280/101.

Last Agent to Sell the Property

Marcus Miller

Helm Real Estate License #01327948 Listed on: 08/15/2024

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Property Type

  • Land

Lot Details

  • 2,696 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Zoning described as Multi-Residential,Residential,Single-Family

Property Views

  • Water
  • City
  • Mountain

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7548-008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Lot
  • Special Features: None

Exterior Features

  • Fencing: Partial, Wood
  • Road Surface Type: Paved
  • View: City, Mountains, Water
  • Development Status: Improvement Plans Available, Lot Build To Suit, Lot Split Possible, Raw Land, Surveyed
  • Road Frontage Type: City Street

Utilities

  • Electric: Electric Available
  • Sewer: Public Sewer
  • Utilities: Cable Available, DSL Available, Natural Gas Available, Public, Water Available
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 7548-008
  • Current Use: Residential, Single Family, Zone Change Possible
  • Lot Size Acres: 0.0619
  • Lot Size Sq Ft: 2696.00
  • Lot Size Units: SqFt
  • Price Per Acre: 5815831.99
  • Topography: Hillside,Lot Sloped
  • Number Of Lots: 1
  • Zoning Description: Multi-Residential,Residential,Single-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Aug 22, 2024
Sold by
Baubert Family Trust and Baubert Christophe
Bought by
Rooney Michael J
Seller's Agent
Marcus Miller
Helm Real Estate
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$398,000
Sold Price
$360,000
Premium/Discount to List
-$38,000
-9.55%
Views
19
Current Estimated Value
$2,098,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,738,525
Avg. Annual Appreciation
309.72%
Original Mortgage
$180,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Stork Veronica
Bought by
Peterkin George R and Stork Veronica

Purchase Details

Closed on
Oct 30, 2008
Sold by
Peterkin George
Bought by
Stork Veronich

Purchase Details

Closed on
Nov 20, 2006
Sold by
Peterkin Veronica Stork and Peterkin George Roger
Bought by
Peterkin George Roger and Peterkin Veronica Stork

Purchase Details

Closed on
Mar 28, 2006
Sold by
Peterkin Veronica Stork and Stork Veronica
Bought by
Peterkin George Roger and Peterkin Veronica Stork

Purchase Details

Closed on
Oct 20, 2005
Sold by
Peterkin Veronica Stork and Stork Veronica
Bought by
Peterkin George R and Peterkin Veronica Stork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rooney Michael J -- Old Republic Title
Peterkin George R -- None Available
Stork Veronich -- None Available
Peterkin George Roger -- Califrornia Land Title Of Ma
Peterkin George Roger -- California Land Title Marin
Peterkin George R -- California Land Title Marin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rooney Michael J $180,000
Previous Owner Peterkin George R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $360,000 -9.5% $134 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $398,000 -- $148 / 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 $6,721 $520,200 $520,200 --
2024 $6,721 $510,000 $510,000 --
2023 $1,072 $25,949 $25,949 $0
2022 $1,033 $25,441 $25,441 $0
2021 $1,009 $24,943 $24,943 $0
2020 $1,036 $24,688 $24,688 $0
2019 $1,006 $24,204 $24,204 $0
2018 $974 $23,730 $23,730 $0
2017 $665 $23,265 $23,265 $0
2016 $621 $22,809 $22,809 $0
2015 $576 $22,467 $22,467 $0
2014 $338 $22,027 $22,027 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424057691

San Francisco Association of REALTORS®

APN: 7548-008