NOT LISTED FOR SALE

Estimated Value: $2,005,000 - $3,231,858

Studio
6 Baths
4,602 Sq Ft
$560/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2020

Last sale price $1,870,000 $406 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,693 / mo

180 Days on Market

Highlights

  • Skylights
  • Fireplace
  • 2 Car Garage
  • Alamo Elementary School Rated A
  • Baseboard Heating
  • Coin Laundry

About This Home

As of March 2020

All cash offers only. This handsome two-unit building is situated on a good-sized lot and is located in the desirable Central Richmond district just a block from prestigious Sea Cliff. Built in 1988, this attractive building consists of two large units on three levels. The bright 3 Bedroom/2 bath upper flat has three skylights. It is VACANT and is ideal for an owner/user and for the smart investor. All bedrooms are over-sized as are the living room with fireplace, formal dining room, and kitchen. The second unit is located on both the middle and lower levels, each with a separate entry from the lobby area. The middle level has a similar, but slightly smaller floor-plan,and also has three bedrooms and two baths. The lower level is currently configured as a one bedroom, two bath. They are connected by an interior (but closed) stairway. Additional features include two car garage and a coin operated laundry area

Last Agent to Sell the Property

Steve Wille

Coldwell Banker Realty License #DRE #00760950 Listed on: 10/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Vlad Chernoguz

Logic Investments, Inc. License #DRE #00815776

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 3,223

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,602 Sq Ft Home
  • Skylights
  • Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Coin Laundry
  • 1 Vacant Unit

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 0371407

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

3,223 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1988
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, OVFR
  • Flooring: Carpet
  • Interior Amenities: Skylight(s)
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 406.35
  • Square Footage: 4602.00

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Garage, Interior Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Baseboard, Fireplace(s), Gas

Lot Info

  • Assessor Parcel Number: 0371407
  • Lot Size Units: SqFt

Rental Info

  • Tenant Pays: Trash Collection

Building Info

  • Number of Units Total: 2

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 18.63
  • Total Number Owner Occupied: 1

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Mar 10, 2020
Sold by
Wong Geraldine Pui Ching and Wong Geraldine Pui
Bought by
Cheis Andrew and Chernoguz Monica
Seller's Agent
Steve Wille
Coldwell Banker Realty
Buyer's Agent
Vlad Chernoguz
Logic Investments, Inc.
List Price
$1,870,000
Sold Price
$1,870,000
Current Estimated Value
$2,579,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,215
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,309,000
Outstanding Balance
$1,175,176
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,404,039
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cheis Andrew $28,050 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheis Andrew $1,309,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $1,870,000 0.0% $406 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $1,870,000 -- $406 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $24,216 $2,045,114 $1,431,581 $613,533
2024 $24,216 $2,005,014 $1,403,511 $601,503
2023 $23,854 $1,965,701 $1,375,992 $589,709
2022 $23,406 $1,927,159 $1,349,012 $578,147
2021 $22,992 $1,889,372 $1,322,561 $566,811
2020 $13,135 $1,032,619 $332,532 $700,087
2019 $12,687 $1,012,372 $326,012 $686,360
2018 $12,260 $992,522 $319,620 $672,902
2017 $11,817 $973,061 $313,353 $659,708
2016 $11,619 $953,982 $307,209 $646,773
2015 $11,475 $939,653 $302,595 $637,058
2014 $11,174 $921,247 $296,668 $624,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 490949

San Francisco Association of REALTORS®

APN: 1407-037

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