NOT LISTED FOR SALE

Estimated Value: $4,318,861

7 Beds
7 Baths
10,350 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $4,500,000 $435 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $28,028/month

51 Days on Market

Highlights

  • Rooftop Deck
  • Modern Architecture
  • 1-minute walk to 24Th St Mission Station

About This Home

As of June 2017

2881-2883 Mission St is a Mixed-Use Building located in the Mission District of San Francisco. The property was built in 1981 and is not subject to rent control. The building is comprised of 4-Residential Units (3-2 Bedroom-2 Bath Units + 1 Bedroom/Bath - all with laundry in units) and 1-Commercial-Retail Ground-Floor Unit. The building has been extensively renovated and features a concrete foundation, multiple roof decks, fire sprinklers throughout the building, separate PGE and water meters. The commercial tenant is Dianda's Italian American Pastry, one of the most recognized and popular bakeries in the Bay Area. Dianda's Bakery has been in business for over 50+ years and enjoys a strong following in the Mission District.

Last Agent to Sell the Property

Allison Chapleau

Compass License #01369080 Listed on: 02/22/2017

Compass

Last Buyer's Agent

Allison Chapleau

Compass License #01369080 Listed on: 02/22/2017

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,283

Year Built

  • Built in 1981

Lot Details

  • 3,450

Home Design

  • 10,350 Sq Ft Home
  • Modern Architecture
  • Mixed Use
  • Concrete Foundation

Utilities

  • Wall Furnace
  • Separate Meters

Additional Features

  • Rooftop Deck
  • 3,450 Sq Ft Lot

Community Details

  • 5 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 6517022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,283

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Architectural Style: Modern/High Tech
  • Year Built: 1981
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 15
  • Price Per Square Foot: 434.78
  • Square Footage: 10350.00

Exterior Features

  • Foundation: Concrete
  • Patio And Porch Features: PATO, Roof Deck(s)

Utilities

  • Heating: Wall Furnace
  • Security Features: Fire Suppression System

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 6517022
  • Lot Size Acres: 0.0792
  • Lot Size Sq Ft: 3450.00
  • Lot Size Units: SqFt
  • Price Per Acre: 56818181.82
  • Zoning: NC3

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Building Info

  • Number of Units Total: 5

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 13.75
  • Number of 1 Bedroom Units: 1
  • Number of 2 Bedroom Units: 3
  • Separate Meters: Electricity, Gas, Water

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 2, 2017
Sold by
Dianda Pasquale and Dianda Phyllis
Bought by
Miller Brian Patrick and Miller Amy J
Seller's Agent
Allison Chapleau
Compass
Buyer's Agent
Allison Chapleau
Compass
List Price
$4,500,000
Sold Price
$4,500,000
Current Estimated Value
$4,318,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,139
Avg. Annual Appreciation
-0.90%
Original Mortgage
$2,210,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 1999
Sold by
Dianda Mavis A
Bought by
Dianda Pasquale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miller Brian Patrick $4,500,000 Old Republic Title Company
Dianda Pasquale -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miller Brian Patrick $2,210,000
Previous Owner Dianda Carol $500,000
Previous Owner Dianda Floriano Fred $197,825
Previous Owner Dianda Pasquale $500,000
Open First Republic Bank $2,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $4,500,000 0.0% $435 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $4,500,000 -- $435 / 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 $61,283 $5,222,631 $3,655,843 $1,566,788
2024 $61,283 $5,120,227 $3,584,160 $1,536,067
2023 $60,259 $5,019,832 $3,513,883 $1,505,949
2022 $59,118 $4,921,405 $3,444,984 $1,476,421
2021 $58,094 $4,824,908 $3,377,436 $1,447,472
2020 $58,448 $4,775,435 $3,342,805 $1,432,630
2019 $56,296 $4,681,800 $3,277,260 $1,404,540
2018 $54,406 $4,590,000 $3,213,000 $1,377,000
2017 $12,799 $1,058,317 $258,295 $800,022
2016 $12,587 $1,037,567 $253,231 $784,336
2015 $12,431 $1,021,983 $249,428 $772,555
2014 $12,104 $1,001,965 $244,543 $757,422
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 454944

San Francisco Association of REALTORS® MLS

APN: 6517-022