NOT LISTED FOR SALE

Estimated Value: $1,576,000 - $3,162,396

3 Beds
3 Baths
2,563 Sq Ft
$780/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $1,570,000 $613 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,554/month

41 Days on Market

Highlights

  • No HOA
  • Skylights
  • Tandem Garage
  • New Traditions Elementary School Rated A

About This Home

As of October 2021

2859-2861 Turk Blvd. is a well-maintained duplex in the highly desirable neighborhood of Lone Mountain in San Francisco. The building has been owned and operated very diligently. It has great charm from its era of construction. Built in 1939, the building features spacious units with natural light, hardwood floors, large living rooms, dining rooms and kitchens with breakfast nooks. The upper unit in the building is a one-bedroom one bath with a sundeck. The lower unit is a two-bedroom one bath, with interior access to the garage which has a room with a bathroom towards the backyard that makes for a perfect office. The serene private backyard provides added ambience and a relaxing outdoor space. The large garage has tandem two car parking plus storage. Anchored by the University of San Francisco campus and bounded by Geary, Arguello, Fulton, and Masonic, Lone Mountain offers residents an urban suburban mix feel.

Last Agent to Sell the Property

Payam Nejad

Colliers International License #01372042 Listed on: 07/30/2021

Co-Listed By

Bradley Lagomarsino

Colliers International License #01058500

Last Buyer's Agent

Rachel Kwok

Vanguard Properties License #01476089

Vanguard Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,138

Year Built

  • Built in 1939

Lot Details

  • 2,250 Sq Ft Lot

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Duplex

Interior Spaces

  • 2,563 Sq Ft Home
  • Skylights

Listing and Financial Details

  • Assessor Parcel Number 1145A022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,138

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Year Built: 1939
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 9
  • Interior Amenities: Skylight(s)
  • Price Per Square Foot: 612.56
  • Square Footage: 2563

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Tandem Garage
  • Total Parking Spaces: 2
  • Tandem Parking Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 1145A022
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0517
  • Lot Size Sq Ft: 2250
  • Lot Size Units: SqFt
  • Price Per Acre: 30367504.84
  • Zoning: RH2

Rental Info

  • Number Of Units Month To Month: 2
  • Units Furnished: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number Of Units Leased: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 7, 2021
Sold by
Fong Artlyn and Fong Weylin
Bought by
Kwan Paul S and Kankwan Siu Wen
Seller's Agent
Payam Nejad
Colliers International
Buyer's Agent
Rachel Kwok
Vanguard Properties
List Price
$1,550,000
Sold Price
$1,570,000
Premium/Discount to List
$20,000
1.29%
Current Estimated Value
$1,999,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,849
Avg. Annual Appreciation
6.45%
Original Mortgage
$613,000
Outstanding Balance
$572,602
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$1,427,247

Purchase Details

Closed on
Jul 15, 2004
Sold by
Fong Weylin and Fong Betty
Bought by
Fong Artlyn and Fong Weylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.27%
Mortgage Type
Commercial
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
Kwan Paul S $1,570,000 Chicago Title Company
Fong Artlyn -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Paul S $613,000
Previous Owner Fong Artlyn $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,570,000 +1.3% $613 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $1,550,000 -- $605 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $20,138 $1,666,094 $1,166,266 $499,828
2024 $20,138 $1,633,427 $1,143,399 $490,028
2023 $19,746 $1,601,400 $1,120,980 $480,420
2022 $19,358 $1,570,000 $1,099,000 $471,000
2021 $8,815 $676,334 $360,712 $315,622
2020 $8,967 $669,400 $357,014 $312,386
2019 $8,669 $656,276 $350,014 $306,262
2018 $8,375 $643,410 $343,152 $300,258
2017 $7,981 $630,796 $336,424 $294,372
2016 $7,829 $618,428 $329,828 $288,600
2015 $7,727 $609,140 $324,874 $284,266
2014 $7,527 $597,210 $318,512 $278,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421580194

San Francisco Association of REALTORS® MLS

APN: 1145A-022