NOT LISTED FOR SALE

Estimated Value: $1,573,000 - $2,502,220

5 Beds
5 Baths
2,870 Sq Ft
$673/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,325,000 $462 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,812/month

229 Days on Market

Highlights

  • Ocean View
  • Midcentury Modern Architecture
  • Cul-De-Sac
  • Clarendon Alternative Elementary School Rated A
  • Bamboo Flooring
  • Skylights

About This Home

As of March 2024

Located in Forest Knolls, this vacant 2 unit building is perfect for someone looking for a project. In need of some updating, the upper 2 level unit (341) is roughly 1,900 sqft with 3 beds on same level, 2.5 baths, remodeled kitchen, expansive main living area with a wall of windows affording amazing OCEAN views, a double sided wood burning fireplace and large family room. Also has 2 terraces, direct roof access, in-unit w/d and 1 car parking. The lower unit (343) has all ready been gutted to the studs and has a proposed floor plan with approx 970 sqft, 2 en-suite bedrooms, as well as an open main living area, a large view deck, powder room, in-unit w/d and 1 car parking. The VIEWS abound on all 3 levels of the building: Golden Gate Heights, Goldenview Park, the Pacific Ocean, even a part of Golden Gate Park!! The quiet & serene location is right by a trail head for the Mount Sutro Open Space Reserve. This is the perfect fixer property for a handy person, developer, contractor, flipper... (Some photos showcase virtual staging and/or renovations)

Last Agent to Sell the Property

Carlos Cabarcos

Vanguard Properties License #01762356 Listed on: 07/21/2023

Last Buyer's Agent

Carlos Cabarcos

Vanguard Properties License #01762356 Listed on: 07/21/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Under Construction

Lot Details

  • 3,950 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Side by Side Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Woods
  • Hills
  • Garden
  • Park or Greenbelt

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Fixer Upper

Interior Spaces

  • 3-Story Property
  • Skylights
  • Fireplace
  • Storage

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 2636-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Under Construction

Lot Details

3,950 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments, Flats
  • Architectural Style: Mid-Century
  • Property Condition: Fixer, Under Construction
  • Levels: Three
  • Year Built: 1964
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Varies By Unit, See Remarks
  • Flooring: Bamboo, Carpet, Tile, Varies By Unit, See Remarks
  • Interior Amenities: Skylight(s), Storage Area(s)
  • Laundry Features: In Common Area, Laundry Closet, Varies By Unit, Washer/Dryer Owned

Exterior Features

  • View: Garden/Greenbelt, Hills, Ocean, Park, Woods

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access, Side-by-Side
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Central, Fireplace(s), Natural Gas, Varies By Unit, See Remarks
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 2636-008
  • Lot Features: Cul-De-Sac, Shape Regular
  • Lot Size Acres: 0.0907
  • Lot Size Sq Ft: 3950.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14608599.78

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Number of 3 Bedroom Units: 1
  • Separate Meters: Electricity, Gas
  • Total Number Owner Occupied: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Reddy Vikram D and Reddy Sudha M
Bought by
Reddy Sidharth D and Reddy Vidhatha D
Current Estimated Value
$1,932,055

Purchase Details

Listed on
Jul 21, 2023
Closed on
Mar 15, 2024
Sold by
Setrakian Nicholas Wood and Hanna Louise
Bought by
Svivs Family Trust and Reddy
Seller's Agent
Carlos Cabarcos
Vanguard Properties
Buyer's Agent
Carlos Cabarcos
Vanguard Properties
List Price
$1,995,000
Sold Price
$1,325,000
Premium/Discount to List
-$670,000
-33.58%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Ackermann Dougla and Ackermann Dougla
Bought by
Setrakian Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.51%

Purchase Details

Listed on
Sep 19, 2012
Closed on
Dec 6, 2012
Sold by
Lilenthal Bruce H and Lilenthal Kathleen H
Bought by
Ackermann Douglas Michael and Elmen Gruys Kjerstin Marie
Seller's Agent
Tim Hawko
Park North Real Estate
Buyer's Agent
Frank Nolan
Vanguard Properties
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$533,850
Interest Rate
3.35%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reddy Sidharth D -- None Listed On Document
Reddy Vikram D -- None Listed On Document
Svivs Family Trust $1,325,000 First American Title
Setrakian Nicholas -- --
Ackermann Douglas Michael $950,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Setrakian Nicholas --
Previous Owner Ackermann Douglas Michael $533,850
Closed Setrakian Nicholas $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $1,325,000 -14.5% $462 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,549,000 -11.4% $540 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,749,000 -12.3% $609 / Sq Ft
07/21/2023 07/21/23 For Sale $1,995,000 +110.0% $695 / Sq Ft
12/14/2012 12/14/12 Sold $950,000 0.0% $331 / Sq Ft View Prior Sale
12/06/2012 12/06/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $950,000 -- $331 / 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 $19,787 $1,654,184 $1,157,934 $496,250
2024 $19,787 $1,621,750 $1,135,230 $486,520
2023 $19,491 $1,589,953 $1,112,971 $476,982
2022 $19,122 $1,558,780 $1,091,149 $467,631
2021 $18,785 $1,528,218 $1,069,755 $458,463
2020 $18,917 $1,512,550 $1,058,787 $453,763
2019 $18,270 $1,482,895 $1,038,028 $444,867
2018 $12,699 $1,028,031 $719,625 $308,406
2017 $12,252 $1,007,877 $705,516 $302,361
2016 $12,044 $988,116 $691,683 $296,433
2015 $11,892 $973,275 $681,294 $291,981
2014 $11,580 $954,213 $667,950 $286,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423757833

San Francisco Association of REALTORS®

APN: 2636-008

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