NOT LISTED FOR SALE

2859 Steiner St San Francisco, CA 94123

Pacific Heights Neighborhood

Estimated Value: $3,251,908 - $4,317,000

Studio
3 Baths
4,902 Sq Ft
$748/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $3,250,000 $663 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,629/month

165 Days on Market

Highlights

  • Marina View
  • Wood Flooring
  • Corner Lot
  • Cobb (William L.) Elementary School Rated A-
  • Victorian Architecture
  • Fireplace

About This Home

As of May 2019

2859 Steiner is a well-maintained three-unit Victorian building at the intersection of Pacific Heights and Cow Hollow. This investment property has distinctive architecture and period details which offer unlimited possibilities. The vacant top floor unit provides the opportunity to owner-occupy while generating income from the other two units or purchase as an investment in the most sought-after neighborhood in San Francisco. Fully approved plans for a chic penthouse complete with a huge view roof-deck with outdoor kitchen and hot tub. Penthouse unit currently used as a three bedroom with office. Middle unit is four bedroom, lower is a studio. Best location just a block from Union Street with all that has to offer. Oozes w/ opportunity!

Last Agent to Sell the Property

Susan Hewitt Hewitt

Golden Gate Sotheby's Internat License #00996144 Listed on: 10/20/2018

Golden Gate Sotheby's Internat

Last Buyer's Agent

Jesse Fowler

Jesse E. Fowler License #01275521

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 2,199 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Property Views

  • Marina
  • Views of the Bay Bridge

Home Design

  • Triplex
  • Victorian Architecture
  • Combination Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Bitumen Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,902 Sq Ft Home
  • Fireplace
  • Bay Window
  • Formal Entry
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Linoleum
  • Tile

Utilities

  • Central Heating
  • Separate Meters

Community Details

  • 3 Units
  • Laundry Facilities
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 0559-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Architectural Style: Victorian
  • Year Built: 1903
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Storage Area, Unfinished
  • Appliances: Dishwasher, Free Standing Refrigerator
  • Flooring: Linoleum, Tile, Wood
  • Interior Amenities: Formal Entry
  • Laundry Features: In Common Area, WSHD
  • Price Per Square Foot: 662.99
  • Square Footage: 4902.00
  • Window Features: Bay Window(s)

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Foundation: Combination, Concrete Perimeter
  • Roof: Bitumen, Tar/Gravel
  • View: Bay Bridge, Marina, PRTL, Water

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central, Fireplace(s)

Lot Info

  • Assessor Parcel Number: 0559-001
  • Lot Features: Corner
  • Lot Size Acres: 0.0505
  • Lot Size Sq Ft: 2199.00
  • Lot Size Units: SqFt
  • Price Per Acre: 64356435.64
  • Zoning: RH2

Rental Info

  • Lease Term: Month To Month

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 1
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2018
Closed on
Apr 22, 2019
Sold by
Naimi Akbar Rahmatolla Ramin
Bought by
Tuscan Steiner Street Investments Lp
Seller's Agent
Susan Hewitt Hewitt
Golden Gate Sotheby's Internat
Buyer's Agent
Jesse Fowler
Jesse E. Fowler
List Price
$3,250,000
Sold Price
$3,250,000
Current Estimated Value
$3,668,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,727
Avg. Annual Appreciation
1.82%
Original Mortgage
$2,112,500
Outstanding Balance
$1,796,505
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,872,222

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 1, 2018
Sold by
Mohebi Farrah
Bought by
Naimi Akbar Rahmatolla Ramin
Seller's Agent
Mark Colwell
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,895,000
Sold Price
$3,200,000
Premium/Discount to List
$305,000
10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$208,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Hodgkinson Gerald
Bought by
Hodgkinson Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1995
Sold by
Hodgkinson Richard B
Bought by
Hodgkinson Richard B
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
Tuscan Steiner Street Investments Lp $3,250,000 Chicago Title Co Concord
Naimi Akbar Rahmatolla Ramin -- Stewart Title Of Ca Inc
Naimi Akbar Rahmatolla Rami $3,200,000 Stewart Title Of California
Hodgkinson Gerald -- First American Title Co
Hodgkinson Gerald -- First American Title Co
Hodgkinson Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuscan Steiner Street Investments Lp $2,112,500
Previous Owner Naimi Akbar Rahmatolla Rami $208,000
Previous Owner Hodgkinson Gerald $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2019 05/09/19 Sold $3,250,000 0.0% $663 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
10/20/2018 10/20/18 For Sale $3,250,000 +1.6% $663 / Sq Ft
02/07/2018 02/07/18 Sold $3,200,000 +10.5% $816 / Sq Ft View Prior Sale
12/13/2017 12/13/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $2,895,000 -- $738 / 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 $42,940 $3,625,432 $2,537,803 $1,087,629
2024 $42,940 $3,554,346 $2,488,043 $1,066,303
2023 $42,179 $3,484,654 $2,439,258 $1,045,396
2022 $41,362 $3,416,329 $2,391,430 $1,024,899
2021 $40,941 $3,349,343 $2,344,540 $1,004,803
2020 $41,799 $3,315,000 $2,320,500 $994,500
2019 $39,734 $3,264,000 $2,284,800 $979,200
2018 $3,253 $178,437 $96,225 $82,212
2017 $2,922 $174,939 $94,339 $80,600
2016 $2,839 $171,510 $92,490 $79,020
2015 $2,798 $168,935 $91,101 $77,834
2014 $2,735 $165,627 $89,317 $76,310
Source: Public Records

Agents Affiliated with this Home

  • Susan Hewitt Hewitt

    Seller's Agent in 2019

    Susan Hewitt Hewitt

    Golden Gate Sotheby's Internat

    (415) 407-8349

    1 in this area

    22 Total Sales

    Susan Hewitt Hewitt
    Section Image

  • J

    Buyer's Agent in 2019

    Jesse Fowler

    Jesse E. Fowler

    Section Image

  • M

    Seller's Agent in 2018

    Mark Colwell

    Compass

  • C

    Seller Co-Listing Agent in 2018

    Christopher Jurach

    Vanguard Properties

  • R

    Buyer's Agent in 2018

    RECIP

    Out of Area Office

See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 477931

San Francisco Association of REALTORS®

APN: 0559-001

California San Francisco County San Francisco 94123 Pacific Heights

2859 Steiner St, San Francisco, CA

Not Listed for Sale

MultiFamily

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