NOT LISTED FOR SALE

348 Railroad Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $888,804 - $986,000

3 Beds
1 Bath
730 Sq Ft
$1,257/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $535,000 $733 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,627/month

20 Days on Market

Highlights

  • Eat-In Kitchen
  • Washer and Dryer
  • Vinyl Flooring
  • South San Francisco High School Rated A-
  • Back and Front Yard Fenced
  • 1-Story Property

About This Home

As of July 2015

This is a 1910 Bungalow, 3 Bedrooms, 1 Bath, on a 3000 sq.ft. lot. The property has easy access at 349 First Lane. Washer & Dryer are located in the basement, loads of storage area. The house is located at the rear of the property. A second unit can be built on the property, buyer must verify with the South San Francisco Planning Dept.

Last Agent to Sell the Property

Mike C. Morrison

Terrace Associates License #00389203 Listed on: 04/15/2015

Last Buyer's Agent

Mike C. Morrison

Terrace Associates License #00389203 Listed on: 04/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,620

Year Built

  • Built in 1910

Lot Details

  • Back and Front Yard Fenced
  • Lot Sloped Up

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 730 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 012-333-300

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,620

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 105
  • Listing Class: Residential
  • Structure Sq Ft: 730
  • Year Built: 1910
  • Zoning Description: sfr
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Electric, Oven Range - Electric
  • Living Sq Ft: 730
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition
  • Fencing: Fenced Back, Fenced Front
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: No Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 012-333-300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: South San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Nicolay Caroline Horst
Bought by
Patel Ketul A
Current Estimated Value
$917,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$348,812
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$569,139

Purchase Details

Closed on
Apr 10, 2015
Sold by
Tonelli Luciano and Tonelli Melba L
Bought by
Patel Ketul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Patel Ketul A -- Old Republic Title Company
Patel Ketul A $535,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ketul A $390,000
Previous Owner Patel Ketul A $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $535,000 -2.6% $733 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $549,500 -- $753 / Sq Ft
Source: MLSListings

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 $7,620 $633,324 $316,662 $316,662
2023 $7,620 $608,732 $304,366 $304,366
2022 $7,082 $596,798 $298,399 $298,399
2021 $6,990 $585,098 $292,549 $292,549
2020 $6,903 $579,100 $289,550 $289,550
2019 $6,830 $567,746 $283,873 $283,873
2018 $6,669 $556,614 $278,307 $278,307
2017 $6,495 $545,700 $272,850 $272,850
2016 $6,353 $535,000 $267,500 $267,500
2015 $1,492 $82,620 $24,968 $57,652
2014 $1,453 $81,002 $24,479 $56,523
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mike C. Morrison

    Terrace Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81460063

MLSListings

APN: 012-333-300

California San Mateo County South San Francisco 94080 Downtown South San Francis

348 Railroad Ave, South San Francisco, CA

This home is located at 348 Railroad Ave, South San Francisco, CA 94080 since 15 April 2015 and is currently estimated at $917,951, approximately $1,257 per square foot. This property was built in 1910. 348 Railroad Ave is a home located in San Mateo County with nearby schools including Spruce Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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