NOT LISTED FOR SALE

Estimated Value: $754,000 - $937,250

2 Beds
2 Baths
812 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $792,500 $976 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,844/month

Highlights

  • Ocean View
  • Wood Flooring
  • Skylights in Kitchen
  • Ortega (Jose) Elementary School Rated A
  • Balcony
  • 2-minute walk to Merced Heights Park

About This Home

As of April 2024

A wonderful opportunity awaits! With views of the Ocean and neighborhood, this 1942 home in Merced Heights is waiting for your vision. Great bones, this two-bedroom, one-bath home has a finished basement with another full bath, a small kitchen area, and two large additional rooms.

Last Agent to Sell the Property

John Marshall

Coldwell Banker Realty License #01386617 Listed on: 04/24/2024

Coldwell Banker Realty

Last Buyer's Agent

Nicholas McCluskey

1st Realty & Investment License #01449048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1942

Lot Details

  • 2,500 Sq Ft Lot
  • Wood Fence
  • Lot Sloped Up
  • Grass Covered Lot
  • Back Yard
  • Zoning described as RH1

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Skyline
  • Neighborhood

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Bitumen Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Separate Family Room
  • Window Bars
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 7003-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,093

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Vintage
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 812
  • Year Built: 1942
  • Zoning Description: RH1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Exhaust Fan, Oven - Electric, Skylight
  • Living Sq Ft: 812
  • Stories: 1
  • Security: Window Bars
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum, Wood
  • Additional Rooms: Basement - Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Showers over Tubs - 2+, Skylight, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Bitumen, Composition, Rolled Composition
  • View: Neighborhood, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 7003-038
  • Lot Acres: 0.0574
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00
  • Soil: Unknown

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Apr 29, 2024
Sold by
Sat Capital Group Llc
Bought by
Lo Simon and Lo Kevin
Seller's Agent
John Marshall
Coldwell Banker Realty
Buyer's Agent
Nicholas McCluskey
1st Realty & Investment
List Price
$808,000
Sold Price
$792,500
Premium/Discount to List
-$15,500
-1.92%
Views
12
Current Estimated Value
$860,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,813
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Apr 24, 2024
Closed on
Apr 25, 2024
Sold by
Musselman James Paul
Bought by
Sat Capital Group Llc
Seller's Agent
John Marshall
Coldwell Banker Realty
Buyer's Agent
Nicholas McCluskey
1st Realty & Investment
List Price
$808,000
Sold Price
$792,500
Premium/Discount to List
-$15,500
-1.92%
Views
12

Purchase Details

Closed on
Nov 23, 1993
Sold by
Musselman James Paul
Bought by
Musselman James Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
6.74%
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
Lo Simon $872,500 Wfg National Title Insurance C
Sat Capital Group Llc $792,500 Wfg National Title Insurance C
Musselman James Paul -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musselman James Paul $107,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $792,500 -1.9% $976 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $808,000 -- $995 / 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 $4,093 $889,948 $622,964 $266,984
2024 $4,093 $288,993 $191,394 $97,599
2023 $3,365 $283,328 $187,642 $95,686
2022 $3,305 $277,773 $183,963 $93,810
2021 $3,248 $272,327 $180,356 $91,971
2020 $3,257 $269,535 $178,507 $91,028
2019 $3,147 $264,251 $175,007 $89,244
2018 $3,043 $259,071 $171,576 $87,495
2017 $3,006 $253,992 $168,212 $85,780
2016 $2,933 $249,013 $164,914 $84,099
2015 $2,897 $245,273 $162,437 $82,836
2014 $2,821 $240,470 $159,256 $81,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81962880

MLSListings

APN: 7003-038