NOT LISTED FOR SALE

Estimated Value: $1,075,772

-- Bed
2 Baths
1,640 Sq Ft
$656/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $850,000 $518 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,104/month

186 Days on Market

Highlights

  • Modern Architecture
  • Ulloa Elementary School Rated A
  • Tile Flooring

About This Home

As of September 2014

This building has been in the family for many years. owners will finance with a 40% down... This has a 3.60 Cap Rate. The tenants are classified as stellar tenants with going businesses. Both tenants have expressed the desire to stay once their leases are up (May & July 2014). The building is well maintained and is located on one of the more popular streets with active businesses all around. Electrical was updated. Tons of upside potential for higher rents. Just waiting to hear from the new buyer/owner. Approx. size for the Pizza Cafe is approximately 15x70 & Solar Power Co.is: 10x70. Each has a patio at the rear that measures 15'x30' & 10'x30' approximately. The patio areas are currently semi enclosed.

Last Agent to Sell the Property

Dan Marshall

Compass License #01183117 Listed on: 01/31/2014

Compass

Co-Listed By

Lance Fulford

Compass License #01075990

Compass

Last Buyer's Agent

Lance Fulford

Compass License #01075990

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,785

Year Built

  • Built in 1948

Lot Details

  • 2,483

Home Design

  • Duplex
  • Modern Architecture

Flooring

  • Concrete
  • Tile

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2379041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,785

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Modern/High Tech
  • Year Built: 1948
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Flooring: Concrete, Tile

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 2379041
  • Lot Size Units: SqFt
  • Zoning: NC-1

Rental Info

  • Lease Term: WRTA,YRLS

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 23.61

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
F & M Sf Properties Llc
Bought by
Wong Douglas F and Yee Pearl W
Total Days on Market
186
Current Estimated Value
$1,075,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$404,309
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$698,498

Purchase Details

Listed on
Jan 31, 2014
Closed on
Aug 26, 2014
Sold by
Galletta John D and Galleta Joseph A
Bought by
F & M Sf Properties Llc
Seller's Agent
Dan Marshall
Compass
Buyer's Agent
Lance Fulford
Compass
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
May 10, 2014
Sold by
Galletta Joseph and Trust A Of The Gardiner Family
Bought by
Galletta Joseph A and Galleta John D

Purchase Details

Closed on
Dec 28, 2004
Sold by
Galletta John D and Galletta Joseph A
Bought by
Galletta John D and Galletta Joseph A

Purchase Details

Closed on
Aug 14, 2003
Sold by
Gardiner Catherine D and The Gardiner Family Trust
Bought by
Gardiner Catherine D and Trust A Of The Gardiner Family

Purchase Details

Closed on
Mar 14, 1994
Sold by
Galletta Domenic
Bought by
Galletta Dominic J
Source: Public Records

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Range of Values:

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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
Wong Douglas F -- Old Republic Title Company
F & M Sf Properties Llc $850,000 First American Title Company
Galletta Joseph A -- None Available
Galletta John D -- --
Gardiner Catherine D -- --
Galletta Dominic J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Douglas F $500,000
Closed F & M Sf Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $850,000 0.0% $518 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $850,000 -- $518 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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
2024 $12,785 $1,024,041 $716,830 $307,211
2023 $12,590 $1,003,963 $702,775 $301,188
2022 $12,344 $984,279 $688,996 $295,283
2021 $12,124 $964,981 $675,487 $289,494
2020 $12,186 $955,087 $668,561 $286,526
2019 $11,770 $936,360 $655,452 $280,908
2018 $11,375 $918,000 $642,600 $275,400
2017 $10,943 $900,000 $630,000 $270,000
2016 $1,713 $115,389 $44,406 $70,983
2015 $1,689 $113,659 $43,741 $69,918
2014 $1,647 $111,435 $42,885 $68,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 416955

San Francisco Association of REALTORS® MLS

APN: 2379-041