NOT LISTED FOR SALE

Estimated Value: $1,646,000 - $2,626,000

2 Beds
7 Baths
1,841 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $1,670,000 $907 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,711/month

14 Days on Market

Highlights

  • Views of Twin Peaks
  • Midcentury Modern Architecture
  • 2 Car Garage
  • McKinley Elementary School Rated A

About This Home

As of August 2023

Views, views and more views are the hallmark of this unique two unit VACANT building. The property is ready for your touches to bring this mid century home into its fully modern context. The Upper unit features an extremely stylish and unique living/dining area that feels like a North Bay retreat with serene top of the world views from floor to ceiling windows, wood paneled walls, architectural fireplace and freshly finished floors as well as a bedroom with huge views, wood paneling and ensuite bath. The Lower level also offers big views and features a modern open floor plan and bedroom with ensuite bathroom. A lower floor art studio with additional bath is perfect as a creative space with views or a guest room with exterior access. The potential is tremendous and 2 car parking completes the home. Moments to some of the most desirable neighborhoods in San Francisco and offering the hallmarks of a trophy property, this unique home must be experienced. Building next door at 271 Upper Terrace is also offered for sale. This property can be purchased separately or together with the adjoining 271 Upper Terrace as plans have been approved for 10 residential units.

Last Agent to Sell the Property

Danny Acebo

Corcoran Icon Properties License #01412912 Listed on: 06/01/2023

Corcoran Icon Properties

Co-Listed By

Kira Mead

Corcoran Icon Properties License #01905944

Last Buyer's Agent

Derek Jackson

Vanguard Properties License #01971947

Vanguard Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,177

Year Built

  • Built in 1954

Lot Details

  • 4,791

Property Views

  • Bay
  • Twin Peaks
  • San Francisco
  • Panoramic
  • City Lights
  • Mount Diablo
  • Hills
  • Valley

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Fixer Upper

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Additional Features

  • 3-Story Property
  • 4,791 Sq Ft Lot

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 2628-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,177

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Flats
  • Architectural Style: Mid-Century
  • Property Condition: Fixer, Original
  • Levels: Three
  • Year Built: 1954
  • Special Features: None
  • Stories: 0

Exterior Features

  • View: Bay, City, City Lights, Hills, Mt Diablo, Panoramic, San Francisco, Twin Peaks, Valley

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Lot Info

  • Assessor Parcel Number: 2628-035
  • Lot Features: None
  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 4791.00
  • Lot Size Units: SqFt
  • Price Per Acre: 15181818.18

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 7, 2023
Sold by
271 Upper Terrace Llc
Bought by
Verroios Vasileios
Seller's Agent
Danny Acebo
Corcoran Icon Properties
Buyer's Agent
Derek Jackson
Vanguard Properties
List Price
$1,395,000
Sold Price
$1,670,000
Premium/Discount to List
$275,000
19.71%
Views
29
Current Estimated Value
$2,107,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,170
Avg. Annual Appreciation
11.04%
Original Mortgage
$1,241,250
Outstanding Balance
$1,212,436
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$894,734

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 2, 2014
Sold by
Foley Hugh H
Bought by
271 Upper Terrace Llc
Seller's Agent
Chip McAllister
Compass
Buyer's Agent
Chip McAllister
Compass
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.12%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Foley Hugh H
Bought by
Foley Hugh H

Purchase Details

Closed on
Sep 30, 2013
Sold by
Foley Hugh H
Bought by
Foley Hugh H

Purchase Details

Closed on
May 9, 2013
Sold by
Foley Hugh H
Bought by
Foley Hugh H

Purchase Details

Closed on
Mar 9, 1998
Sold by
Foley Marjorie K
Bought by
Foley Majorie K
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
Verroios Vasileios $1,655,000 Fidelity National Title
271 Upper Terrace Llc $1,850,000 Fidelity National Title
Foley Hugh H -- None Available
Foley Hugh H -- None Available
Foley Hugh H -- None Available
Foley Majorie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verroios Vasileios $1,241,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $1,670,000 +19.7% $907 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,395,000 -24.6% $758 / Sq Ft
07/16/2014 07/16/14 Sold $1,850,000 0.0% $1,003 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $1,850,000 -- $1,003 / 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 $20,177 $1,688,100 $1,181,670 $506,430
2024 $20,177 $1,655,000 $1,158,500 $496,500
2023 $25,934 $2,137,081 $2,137,081 $0
2022 $25,450 $2,095,178 $2,095,178 $0
2021 $25,003 $2,054,097 $2,054,097 $0
2020 $25,205 $2,033,035 $2,033,035 $0
2019 $24,342 $1,993,172 $1,993,172 $0
2018 $23,515 $1,954,091 $1,954,091 $0
2017 $22,941 $1,915,776 $1,915,776 $0
2016 $22,580 $1,878,212 $1,878,212 $0
2015 $5,579 $436,318 $228,270 $208,048
2014 $5,434 $427,772 $223,799 $203,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423746240

San Francisco Association of REALTORS®

APN: 2628-035