NOT LISTED FOR SALE

Estimated Value: $1,849,462

5 Beds
1.5 Baths
2,359 Sq Ft
$784/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2021

Last sale price $1,400,000 $593 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $11,338 / mo

5 Days on Market

Highlights

  • City Lights View
  • Ramp on the main level
  • West Facing Home
  • Property is near public transit
  • Central Heating and Cooling System
  • Turnkey

About This Home

As of March 2021

Welcome to thriving Banker’s Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) – recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.

Last Agent to Sell the Property

adam pascu

73 Degrees Realty License #01465911 Listed on: 02/26/2021

Co-Listed By

Paul Sloman

SD Investment RE, Inc. License #00892531

Last Buyer's Agent

Dan Floit

Floit Properties License #00701020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 5,030 Sq Ft Lot
  • West Facing Home
  • Rectangular Lot
  • Level Lot
  • Front Yard
  • Property is zoned CC 3-6

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Driveway
  • Parking Lot
  • Assigned Parking

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Ramp on the main level
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4525544600

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

5,030 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: CC 3-6
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4525544600
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2359.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 300.00
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 593.47

Exterior Features

  • Direction Faces: West
  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Assigned, Asphalt, On Site, Parking Space
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 5030.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5030.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: DB0013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Bought by
Current Estimated Value
$1,849,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,960,000
Outstanding Balance
$6,629,612
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$4,780,150

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 3, 2021
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Dan Floit
Floit Properties
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 12, 2021
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Dan Floit
Floit Properties
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
-- Chicago Title Co Com Div
$1,400,000 Chicago Title Co Com Div
-- None Available
$950,000 First American Title Company
$490,000 Commonwealth Land Title Co
-- --
-- --
$315,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,960,000
Previous Owner $437,000
Closed $36,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $1,400,000 +3.7% $593 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,350,000 -- $572 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,275 $1,515,404 $1,082,432 $432,972
2024 $18,275 $1,485,691 $1,061,208 $424,483
2023 $17,873 $1,456,560 $1,040,400 $416,160
2022 $17,398 $1,428,000 $1,020,000 $408,000
2021 $13,026 $1,054,804 $721,709 $333,095
2020 $12,868 $1,043,989 $714,309 $329,680
2019 $12,638 $1,023,519 $700,303 $323,216
2018 $11,815 $1,003,451 $686,572 $316,879
2017 $11,535 $983,776 $673,110 $310,666
2016 $11,353 $964,487 $659,912 $304,575
2015 $11,186 $950,000 $650,000 $300,000
2014 $7,129 $602,305 $184,378 $417,927
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2102093

California Regional Multiple Listing Service (CRMLS)

APN: 452-554-46

Your Personal Tour Guide

Ask me questions while you tour the home.