NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,166,000

2 Beds
2 Baths
1,208 Sq Ft
$360/mo HOA Fee

Last Sold September 09, 2021

Last sale price $1,300,000 $1,076 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,844/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • The community has rules related to allowing live work
  • Daniel Webster Elementary School Rated 9+
  • Main Floor Bedroom
  • Enclosed Parking

About This Home

As of September 2021

Prime South Beach location with soaring ceilings in a boutique building. 38 Lusk #2 gives buyers a chance to live in a dynamic location with convenient access to dining, entertainment, and transportation. With only 6 units in the building, 38 Lusk features boutique residences that function as both beautiful retreat and functional living spaces. With a open and airy main living area, residence #2 also features a private outdoor space, a must have in sunny South Beach. An upstairs loft bedroom with a private bath and work space coupled with the downstairs room and bath give the residence space and flexibility. Quality loft buildings do not pop up that often, so 38 Lusk #2 will be one you don't want to miss.

Last Agent to Sell the Property

Charlene Gueco

Kinoko License #01908351 Listed on: 07/27/2021

Co-Listed By

Catherine Abalos

Kinoko License #02093008

Last Buyer's Agent

Anastasiya Kheystver

Compass License #01973283

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,633

Year Built

  • Built in 1995

Lot Details

  • 3,825

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating

Community Details

  • Association fees include common areas, internet, trash, water
  • 6 Units
  • Low-Rise Condominium
  • The community has rules related to allowing live work

Listing and Financial Details

  • Assessor Parcel Number 3787145

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,633

Year Built

Built in 1995

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Live/Work, Loft, Low-Rise (1-3)
  • Architectural Style: Contemporary, Modern/High Tech
  • Levels: Two
  • Other Equipment: Intercom
  • Year Built: 1995
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Master Bathroom Features: Tub
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Cathedral/Vaulted
  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Microwave
  • Bathroom Features: Shower Stall(s), Tub w/Shower Over
  • Flooring: Wood
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room
  • Price Per Square Foot: 1076.16
  • Square Footage: 1208.00

Exterior Features

  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Assigned, Attached, Enclosed, Garage Door Opener
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central

Condo/Co-op/Association

  • Unit: 2
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Internet, Trash, Water

Lot Info

  • Assessor Parcel Number: 3787145
  • Lot Size Acres: 0.0878
  • Lot Size Sq Ft: 3825.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14806378.13

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 24, 2021
Sold by
Yang Christine
Bought by
Kehoe Michael Kenneth Bates
Seller's Agent
Charlene Gueco
Kinoko
Buyer's Agent
Anastasiya Kheystver
Compass
List Price
$1,249,000
Sold Price
$1,300,000
Premium/Discount to List
$51,000
4.08%
Current Estimated Value
$1,127,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,237
Avg. Annual Appreciation
-3.52%
Original Mortgage
$822,375
Outstanding Balance
$748,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$379,463

Purchase Details

Closed on
Oct 8, 2012
Sold by
Sokol Ryan and Jun Michelle
Bought by
Yang Christine

Purchase Details

Closed on
Apr 5, 2011
Sold by
Sokol Ryan and Jun Michelle
Bought by
Sokol Ryan and Jun Michelle

Purchase Details

Closed on
Feb 4, 2005
Sold by
Malouf Michelle
Bought by
Sokol Ryan and Jun Michelle

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
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1998
Sold by
Duncan John M
Bought by
Malouf Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.5%

Purchase Details

Closed on
May 2, 1995
Sold by
Gallagher Gerard
Bought by
Duncan John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Kehoe Michael Kenneth Bates $1,300,000 First American Title Company
Yang Christine $830,000 Chicago Title Company
Sokol Ryan -- None Available
Sokol Ryan $665,000 North American Title Company
Malouf Michelle $325,500 Old Republic Title Company
Malouf Michelle -- Old Republic Title Company
Duncan John M $195,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kehoe Michael Kenneth Bates $822,375
Previous Owner Yang Christine $41,090
Previous Owner Sokol Ryan $500,000
Previous Owner Malouf Michelle $15,000
Previous Owner Malouf Michelle $205,000
Previous Owner Duncan John M $175,500
Closed Sokol Ryan $131,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $1,300,000 +4.1% $1,076 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,249,000 -- $1,034 / 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
2025 $16,633 $1,379,570 $827,742 $551,828
2024 $16,633 $1,352,520 $811,512 $541,008
2023 $16,382 $1,326,000 $795,600 $530,400
2022 $16,069 $1,300,000 $780,000 $520,000
2021 $11,879 $944,241 $566,545 $377,696
2020 $11,941 $934,560 $560,736 $373,824
2019 $11,533 $916,237 $549,742 $366,495
2018 $11,145 $898,272 $538,963 $359,309
2017 $10,716 $880,660 $528,396 $352,264
2016 $10,533 $863,393 $518,036 $345,357
2015 $10,402 $850,425 $510,255 $340,170
2014 $10,129 $833,767 $500,260 $333,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421525370

San Francisco Association of REALTORS® MLS

APN: 3787-145