NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $2,390,040

-- Bed
2 Baths
2,495 Sq Ft
$763/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $1,125,000 $451 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,458/month

34 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Balcony
  • Lafayette Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of July 2012

Park. City. Ocean. This well-maintained semi-detached duplex offers smart, updated finishes blended w/lovely original details. Features include high coved ceilings, hardwood floors, formal living & dining rms, and period decorative fireplaces. Flooded with light, the upper unit (3231) is a 2-story 3 bedroom, 1 and 1/2 bath residence offering Golden Gate Park, city, and ocean views. Currently owner-occupied, it will be delivered vacant at close. The lower unit (3233) is a large one-bedroom full floor flat, currently tenant occupied. There is an additional bonus room and bath on the street level. Buyers: Live in the top floor apartment and collect income, acquire a quality investment property, or convert to condos.

Last Agent to Sell the Property

Derek Chin

Compass License #00854466 Listed on: 06/14/2012

Compass

Co-Listed By

Natalie Rome

Compass License #01386654

Last Buyer's Agent

Edie Narrido

Polaris Pacific License #01373261

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,701

Year Built

  • Built in 1923

Lot Details

  • 2,483

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Park or Greenbelt

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,495 Sq Ft Home
  • Fireplace
  • Security Gate
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener

Additional Features

  • Balcony
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1676026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,701

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Flats
  • Architectural Style: Traditional
  • Year Built: 1923
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Linoleum, Wood
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, WSHD
  • Price Per Square Foot: 450.90
  • Square Footage: 2495.00
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Patio And Porch Features: Balcony/Deck
  • Roof: Bitumen
  • View: City Lights, Ocean, Park, Panoramic

Garage/Parking

  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00
  • Tandem Parking Spaces: 2

Utilities

  • Heating: Fireplace(s)
  • Security Features: Security Gate

Lot Info

  • Assessor Parcel Number: 1676026
  • Lot Features: Garden
  • Zoning: Rh2

Rental Info

  • Lease Term: MTOM,WRTA

Building Info

  • Number of Units Total: 2

Multi Family

  • Separate Meters: Gas, Water
  • Total Number Owner Occupied: 1

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 24, 2012
Sold by
Tong Ling Kang and Tong Wei Lin Nessa
Bought by
Tong Ling Kang and Tong Wei Lin Nessa
Seller's Agent
Derek Chin
Compass
Buyer's Agent
Edie Narrido
Polaris Pacific
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,904,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,260
Avg. Annual Appreciation
4.06%
Original Mortgage
$731,250
Outstanding Balance
$504,293
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$1,399,967

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 23, 2012
Sold by
3231 Cabrillo Llc
Bought by
Wang Wei Min C and Wang Chih Julia
Seller's Agent
Derek Chin
Compass
Buyer's Agent
Edie Narrido
Polaris Pacific
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Outstanding Balance
$504,293
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$1,399,967

Purchase Details

Closed on
Oct 21, 2002
Sold by
Kirwan Ian and Chu Yun May
Bought by
3231 Cabrillo Llc

Purchase Details

Closed on
Mar 5, 1999
Sold by
Jiang Henry
Bought by
Kirwan Ian and Chu Yun May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,750
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1997
Sold by
Sun Liu Jan and Ku Chung Ri
Bought by
Jiang Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Tong Ling Kang -- Fidelity National Title Comp
Wang Ling Chi -- Fidelity National Title Comp
Wang Wei Min Caton -- Fidelity National Title Comp
Wang Wei Min C $1,125,000 Fidelity National Title Co
3231 Cabrillo Llc $885,000 Chicago Title Company
Kirwan Ian $535,000 Old Republic Title Company
Jiang Henry $370,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Wei Min C $731,250
Previous Owner Kirwan Ian $454,750
Previous Owner Jiang Henry $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $1,125,000 0.0% $451 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $1,125,000 -- $451 / 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 $16,701 $1,385,448 $969,730 $415,583
2024 $16,701 $1,358,324 $950,716 $407,435
2023 $16,450 $1,331,733 $932,077 $399,448
2022 $16,136 $1,305,640 $913,801 $391,618
2021 $15,851 $1,280,141 $895,885 $384,256
2020 $15,974 $1,266,929 $886,699 $380,230
2019 $15,428 $1,242,095 $869,314 $372,781
2018 $14,904 $1,217,628 $852,186 $365,442
2017 $14,431 $1,193,760 $835,479 $358,281
2016 $14,193 $1,170,360 $819,099 $351,261
2015 $14,015 $1,152,786 $806,796 $345,990
2014 $13,646 $1,130,211 $790,992 $339,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 397666

San Francisco Association of REALTORS®

APN: 1676-026