NOT LISTED FOR SALE

Estimated Value: $2,094,000 - $2,501,000

5 Beds
4.5 Baths
1,637 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $2,500,000 $1,527 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $15,001/month

19 Days on Market

Highlights

  • Views of San Francisco
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Sunnyside Elementary School Rated A-
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2021

Welcome to 423 Melrose a stunning turn-key remodeled 5 bedroom 4.5 bath residence with 3 levels of living space for your enjoyment. Sunrise or Sunset you will love waking up with a south facing view of the city and beyond. An open floor plan with hardwood floors, high ceilings, Chef's kitchen, office, exercise room and more await you here. The main level opens to the living room dining room, kitchen and 1/2 bath. Sip your latte or evening glass of wine with outlooks from the picture windows. Step out on the deck for grilling. The upper level has 4 bedrooms and 3 bathrooms. 2 en-suites are at opposite ends of the floor, one with a deck. The other two bedrooms on this floor share a full bath w/shower over tub. The lower level is designed for fun. Your Peleton will fit right into the home gym. The 3 tiered garden is ready for your lettuce + veggie planter boxes. 2 car side by side pkg + laundry in garage. Close to fwy, MUNI + BART. 423 Melrose, all you need for comfort is right here.

Last Agent to Sell the Property

Paula Rose

Corcoran Icon Properties License #01347612 Listed on: 06/11/2021

Corcoran Icon Properties

Last Buyer's Agent

Baxter Smith

City Real Estate License #01954904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,176

Lot Details

  • North Facing Home
  • Wood Fence
  • Back Yard Fenced

Property Views

  • San Francisco
  • City Lights
  • Garden

Home Design

  • Traditional Architecture
  • Updated or Remodeled

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Game Room
  • Wood Flooring

Kitchen

  • Free-Standing Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Dual Flush Toilets
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener
  • Open Parking

Additional Features

  • Energy-Efficient Appliances
  • Balcony
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0453066

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,176

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Faces: North
  • Stories: 3
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Master Bathroom Features: Shower Stall(s), Stone, Tile, Window
  • Master Bedroom Features: Balcony, Closet, Sitting Area
  • Bathrooms: 5.00
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Great Room
  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Refrigerator, Hood Over Range
  • Bathroom Features: Dual Flush Toilet, Shower Stall(s), Stone, Tile
  • Flooring: Wood
  • Kitchen Features: Island, Kitchen/Family Combo, Pantry Cabinet, Quartz Counter
  • Laundry Features: Hookups Only, In Garage
  • Lower Level: Bedroom(s), Family Room, Retreat
  • Main Level: Dining Room, Kitchen, Living Room
  • Room Type: Bonus Room, Dining Room, Game Room, Great Room, Kitchen, Living Room, Master Bedrooms 2+
  • Window Features: Dual Pane Full

Exterior Features

  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Exterior Features: Balcony
  • Fencing: Back Yard, Wood
  • Road Surface Type: Asphalt, Paved
  • View: City, City Lights, Garden/Greenbelt, San Francisco

Garage/Parking

  • Carport Spaces: 2
  • Parking Access: Independent
  • Parking Features: Enclosed, Garage Door Opener, Interior Access, Side-by-Side
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 0453066
  • Land Use: Residential
  • Lot Features: Garden
  • Lot Size Units: SqFt

Green Features

  • Energy Efficient: Appliances

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 12, 2021
Sold by
Cormican Paul
Bought by
Koenig Stefan G and Koenig Yvette W
Seller's Agent
Paula Rose
Corcoran Icon Properties
Buyer's Agent
Baxter Smith
City Real Estate
List Price
$2,195,000
Sold Price
$2,500,000
Premium/Discount to List
$305,000
13.9%
Current Estimated Value
$2,265,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,790
Avg. Annual Appreciation
-2.61%
Original Mortgage
$1,875,000
Outstanding Balance
$1,710,130
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$535,853

Purchase Details

Closed on
Feb 20, 2015
Sold by
Berghe Rosa Vanden and Berghe Eric Vanden
Bought by
Cormican Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2006
Sold by
Pelayo Rosa
Bought by
Vandenberghe Eric and Pelayo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2006
Sold by
Vandenberghe Eric
Bought by
Pelayo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2006
Sold by
Wan Theresa C and Wan Pak Shing
Bought by
Pelayo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2001
Sold by
Love Brett H
Bought by
Wan Theresa C and Wan Pak Shing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 18, 1999
Sold by
Love Brett H
Bought by
Love Brett H

Purchase Details

Closed on
Feb 9, 1999
Sold by
Love Elna I
Bought by
Love Brett H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.48%
Mortgage Type
Unknown
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
Koenig Stefan G $2,500,000 Old Republic Title Company
Cormican Paul $1,000,000 Old Republic Title Company
Vandenberghe Eric -- None Available
Pelayo Rosa -- Fidelity National Title Co
Pelayo Rosa $820,000 Fidelity National Title Co
Wan Theresa C -- None Available
Wan Theresa C $500,000 Chicago Title Co
Love Brett H -- --
Love Brett H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Stefan G $1,875,000
Previous Owner Cormican Paul $700,000
Previous Owner Vanden Berghe Eric $50,000
Previous Owner Pelayo Rosa $650,000
Previous Owner Luo Xue Yan $559,000
Previous Owner Wan Theresa C $100,000
Previous Owner Wan Theresa C $437,500
Previous Owner Love Brett H $75,000
Previous Owner Love Elna I $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $2,500,000 +13.9% $1,527 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $2,195,000 -- $1,341 / 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 $31,176 $2,653,020 $1,857,114 $795,906
2024 $31,176 $2,601,000 $1,820,700 $780,300
2023 $30,715 $2,550,000 $1,785,000 $765,000
2022 $30,143 $2,500,000 $1,750,000 $750,000
2021 $14,287 $1,147,827 $943,773 $204,054
2020 $14,405 $1,136,059 $934,096 $201,963
2019 $13,864 $1,113,785 $915,781 $198,004
2018 $13,398 $1,091,948 $897,825 $194,123
2017 $13,577 $1,124,752 $880,221 $244,531
2016 $13,355 $1,102,699 $862,962 $239,737
2015 $11,289 $932,380 $559,430 $372,950
2014 $13,750 $914,118 $548,472 $365,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421561695

San Francisco Association of REALTORS® MLS

APN: 3066-045