N
Seller's Agent in 2021
Nathan Gustavson
Compass
(415) 874-5000
2 in this area
63 Total Sales
417 Commercial Ave South San Francisco, CA 94080
Downtown South San Francis NeighborhoodEstimated Value: $1,451,000 - $1,752,000
6
Beds
3
Baths
2,347
Sq Ft
$676/Sq Ft
Est. Value
Highlights
- High Ceiling
- Tile Flooring
- Fenced
- South San Francisco High School Rated A-
- Ceiling Fan
- Back Yard
About This Home
As of August 2021Charming triplex comprised of two buildings with upgrades to all three units. The operating expenses are low because units are separately metered for water, gas and electric. The 3-Bedroom/1-Bath pays for own garbage. 1902 details still remain in 3-Bedroom/1-Bath unit at 417A Commercial Avenue, including high ceilings and bead board walls. Large kitchen with room for table to eat at, newer stove and tankless water heater are some of the upgrades. At 417B Commercial Avenue, the 2-Bedroom/1-Bath has newly updated kitchen, fresh interior paint and floors throughout. The separate cottage with 1-Bedroom/1-Bath has high ceilings that add to the spacious rooms. There are owner storage rooms that are on the ground level for both buildings. Located near the Biotechnology Hub and San Francisco Airport. Hwy 101 gives easy access to the entire Bay Area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,328
Year Built
- 1902
Lot Details
- 5,998 Sq Ft Lot
- Fenced
- Back Yard
Parking
- On-Street Parking
Home Design
- Triplex
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,347 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
Flooring
- Carpet
- Laminate
- Tile
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $92,100
- Month-to-Month Lease Term
Community Details
Overview
- 2,347 Sq Ft Building
Building Details
- 2 Leased Units
- Insurance Expense $2,065
- Maintenance Expense $2,700
- Trash Expense $826
- Operating Expense $23,605
- Gross Income $89,337
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2022
Sold by
Canonizado Neria B
Bought by
Li Joyce
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,191,067
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$394,868
Purchase Details
Listed on
Jun 23, 2021
Closed on
Aug 16, 2021
Sold by
Lee Lincoln and The Lincoln Lee Revocable Trus
Bought by
Canonizado Neria B
Seller's Agent
Nathan Gustavson
Compass
List Price
$1,575,000
Sold Price
$1,470,000
Premium/Discount to List
-$105,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2012
Sold by
Lee Lincoln
Bought by
Lee Lincoln
Purchase Details
Closed on
Oct 8, 2007
Sold by
H T Trust and Hannauer Joseph O
Bought by
Lee Lincoln and Montoya Diego
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,800
Interest Rate
6.27%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Joyce | $1,750,000 | Usa National Title | |
| Canonizado Neria B | $1,470,000 | First American Title Company | |
| Lee Lincoln | -- | None Available | |
| Montoya Diego M | -- | None Available | |
| Lee Lincoln | $801,000 | Stewart Title Bats |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Joyce | $1,250,000 | |
| Previous Owner | Canonizado Neria B | $1,000,000 | |
| Previous Owner | Lee Lincoln | $542,900 | |
| Previous Owner | Montoya Diego M | $563,000 | |
| Previous Owner | Lee Lincoln | $562,500 | |
| Previous Owner | Lee Lincoln | $0 | |
| Previous Owner | Lee Lincoln | $640,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $1,470,000 | -6.7% | $626 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $1,575,000 | -- | $671 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $21,328 | $1,857,113 | $848,966 | $1,008,147 |
| 2023 | $21,328 | $1,785,000 | $816,000 | $969,000 |
| 2022 | $16,867 | $1,470,000 | $920,000 | $550,000 |
| 2021 | $11,686 | $971,994 | $485,997 | $485,997 |
| 2020 | $11,539 | $962,028 | $481,014 | $481,014 |
| 2019 | $11,419 | $943,166 | $471,583 | $471,583 |
| 2018 | $11,149 | $924,674 | $462,337 | $462,337 |
| 2017 | $10,852 | $906,544 | $453,272 | $453,272 |
| 2016 | $10,614 | $888,770 | $444,385 | $444,385 |
| 2015 | $10,442 | $875,420 | $437,710 | $437,710 |
| 2014 | $9,043 | $745,000 | $372,500 | $372,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Gustavson
-
Cameron Foster
C
Seller Co-Listing Agent in 2021
Cameron Foster
Compass
(650) 548-9660
3 in this area
38 Total Sales
Map
Source: MLSListings
MLS Number: ML81850464
APN: 012-323-210
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