NOT LISTED FOR SALE

261 Cumberland St San Francisco, CA 94114

Eureka Valley-Dolores Heights Neighborhood
4 Beds
-- Bath
3,244 Sq Ft
2,848 Sq Ft Lot

Sale Details

Date Sold: April 22, 2021

Last sale price $1,768,000 $545 Per Sq Ft

10 Days on Market

Highlights

  • Downtown View
  • 2-minute walk to Church And 20Th Street
  • Balcony
  • Harvey Milk Civil Rights Academy Rated A
  • Fenced Yard
  • 3-minute walk to Mission Dolores Park

About This Home

As of April 2021

Set in an idyllic location a stone's throw from Dolores Park, 261-263 Cumberland is a great opportunity in a coveted neighborhood to earn solid income. With three of the four units rented, 261-263 Cumberland comprises four 1-bedroom Romeo-style units with coved ceilings, decorative fireplaces, wood floors and a vintage feel over a large basement space that runs the length of the building. Views of the cityscape can be found on the top unit back decks and front rooms. The lovely rear garden, accessible from all 4 units via back stairs, is a gardener's delight. Annual expenses are low, <$8,000 excl taxes in 2019, and gross estimated rents total $103,200. The draw of Cumberland's fabulous location, within walking distance to the Castro and to Valencia St, cannot be overstated. Must see!

Last Agent to Sell the Property

Suhl Chin

Corcoran Icon Properties License #01179927 Listed on: 03/11/2021

Corcoran Icon Properties

Co-Listed By

James Romeo Holloway

Corcoran Global Living License #00892533

Last Buyer's Agent

Mary De Vries

Abacus Real Estate License #DRE #01871083

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,848 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,244 Sq Ft Home
  • 3-Story Property
  • Downtown Views
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 3600036

Community Details

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Additional Features

  • 4 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Lot Details

2,848 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Levels: Three
  • Stories: 3
  • Year Built Details: Unknown
  • Special Features: None

Interior Features

  • Basement: Full, Storage Area
  • Flooring: Varies By Unit
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 545.01
  • Square Footage: 3244.00

Exterior Features

  • Exterior Features: Fenced Yard
  • Patio And Porch Features: Balcony/Deck
  • Roof: Flat
  • View: City, Downtown

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 3600036
  • Lot Features: Garden, Landscape Back
  • Lot Size Acres: 0.0654
  • Lot Size Sq Ft: 2848.00
  • Lot Size Units: SqFt
  • Price Per Acre: 27033639.14

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Electricity, Gas
  • Number Of Units Month To Month: 1
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 17.13
  • Number Of1 Bedrooms Occupied: 3
  • Number Of Units Leased: 3
  • Separate Meters: Electricity, Gas
  • Total Number Leasable: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Bought by

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 8, 2021
Sold by
Bought by
Seller's Agent
Suhl Chin
Corcoran Icon Properties
Buyer's Agent
Mary De Vries
Abacus Real Estate
List Price
$1,995,000
Sold Price
$1,768,000
Premium/Discount to List
-$227,000
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,326,000
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,768,000 Fidelity National Title Co
-- --
-- First American Title Co
$450,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,326,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $1,768,000 -11.4% $545 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,995,000 -- $615 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,324 $1,913,738 $1,339,617 $574,121
2024 $23,324 $1,876,214 $1,313,350 $562,864
2023 $22,845 $1,839,427 $1,287,599 $551,828
2022 $22,374 $1,803,360 $1,262,352 $541,008
2021 $9,086 $677,081 $451,392 $225,689
2020 $9,337 $670,139 $446,764 $223,375
2019 $9,038 $657,000 $438,004 $218,996
2018 $8,733 $644,118 $429,416 $214,702
2017 $8,338 $631,490 $420,997 $210,493
2016 $8,175 $619,109 $412,743 $206,366
2015 $8,066 $609,811 $406,544 $203,267
2014 $7,864 $597,867 $398,581 $199,286
Source: Public Records

Agents Affiliated with this Home

  • Suhl Chin

    Seller's Agent in 2021

    Suhl Chin

    Corcoran Icon Properties

    (415) 265-1039

    45 Total Sales

    Suhl Chin
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    James Romeo Holloway

    Corcoran Global Living

  • M

    Buyer's Agent in 2021

    Mary De Vries

    Abacus Real Estate

    (415) 307-6122

    1 in this area

    26 Total Sales

    Mary De Vries
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421526222

San Francisco Association of REALTORS®
California San Francisco County San Francisco 94114 Eureka Valley-Dolores Heights

261 Cumberland St, San Francisco, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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