NOT LISTED FOR SALE

423 Union St San Francisco, CA 94133

Telegraph Hill Neighborhood

Estimated Value: $5,005,925

14 Beds
5 Baths
6,355 Sq Ft
$788/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $4,590,000 $722 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $31,643/month

175 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Wood Flooring
  • Landscaped
  • Chin (John Yehall) Elementary School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Pioneer Park

About This Home

As of March 2017

Beautiful pride-of-ownership well maintained six unit building on Telegraph Hill. Wonderful view of Coit Tower from the roof top. 1906 built wood frame building w/concrete foundation. Three stories at the front on Union Street, 2 car garage on the side (Sonoma Alley) and 4 stories at the back with open space patio. Spacious well laid out units, with gas kitchens that open to living room or dining area and some units with view & deck. Bathrooms consist of tile floors and with shower over tub. Individually metered for gas and electricity, hot water heater, individual gas/electric wall heater or central heater in each unit. Good for Owner / user or investment with great upside in the rents and more.

Last Agent to Sell the Property

Alice Lam

Coldwell Banker Realty License #00831908 Listed on: 09/13/2016

Coldwell Banker Realty

Last Buyer's Agent

Michael Kerwin

Coldwell Banker Realty License #01399198

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $62,483

Year Built

  • Built in 1906

Lot Details

  • 2,906 Sq Ft Lot
  • Lot Dimensions are 40' x 77.5'
  • Landscaped

Property Views

  • Golden Gate Bridge
  • San Francisco
  • City Lights

Home Design

  • Mixed Use
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 6,355 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Wall Furnace
  • Separate Meters

Community Details

  • 6 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0115054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$62,483

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Flats, Mixed Use
  • Stories: 3
  • Year Built: 1906
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Basement: Full
  • Number Of Rooms: 28
  • Flooring: Carpet, Linoleum, Tile, Vinyl, Wood
  • Price Per Square Foot: 722.27
  • Square Footage: 6355.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Patio And Porch Features: DECK, PATO
  • View: City Lights, Golden Gate Bridge, San Francisco

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Central, Electric, Gas, Wall Furnace
  • Security Features: Smoke Detector

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 0115054
  • Lot Features: Landscape Back
  • Lot Size Acres: 0.0667
  • Lot Dimensions: 40' x 77.5'
  • Lot Size Sq Ft: 2906.00
  • Lot Size Units: SqFt
  • Price Per Acre: 68815592.20
  • Zoning: RH3

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 17.11
  • Number of 2 Bedroom Units: 1
  • Number of 3 Bedroom Units: 4
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Mar 14, 2017
Sold by
Lee Wai Too and Lee Lye Khoon
Bought by
Gilbert William F and Gilbert Lee Ann
Seller's Agent
Alice Lam
Coldwell Banker Realty
Buyer's Agent
Michael Kerwin
Coldwell Banker Realty
List Price
$4,590,000
Sold Price
$4,590,000
Current Estimated Value
$5,005,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,925
Avg. Annual Appreciation
1.03%
Original Mortgage
$2,525,000
Outstanding Balance
$2,092,701
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,913,224

Purchase Details

Closed on
Jul 19, 2016
Sold by
423 Union St Llc
Bought by
Lee Wai Too and Lee Lye Khoon

Purchase Details

Closed on
Feb 11, 2004
Sold by
Lee Wai Too and Lee Lye Khoon
Bought by
423 Union St Llc

Purchase Details

Closed on
May 8, 2000
Sold by
Lee Wai Too & Lyee Khoon Rev Tr and Too Wai
Bought by
The 423 Union Street Holding Trust

Purchase Details

Closed on
Feb 20, 1997
Sold by
Too Lee Wai and Khoon Lyee
Bought by
Lee Wai Too and Lee Lye Khoon
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
Gilbert William F $4,590,000 Old Republic Title Company
Lee Wai Too -- Old Republic Title Company
423 Union St Llc -- --
Lee Wai Too -- --
The 423 Union Street Holding Trust -- --
Lee Wai Too -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert William F $2,525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $4,590,000 0.0% $722 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $4,590,000 -- $722 / 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 $62,483 $5,327,082 $3,133,578 $2,193,504
2024 $62,483 $5,222,631 $3,072,136 $2,150,495
2023 $61,504 $5,120,228 $3,011,899 $2,108,329
2022 $60,340 $5,019,833 $2,952,843 $2,066,990
2021 $59,294 $4,921,406 $2,894,945 $2,026,461
2020 $59,751 $4,870,944 $2,865,261 $2,005,683
2019 $57,709 $4,775,436 $2,809,080 $1,966,356
2018 $55,755 $4,681,800 $2,754,000 $1,927,800
2017 $12,818 $1,008,307 $448,135 $560,172
2016 $12,589 $988,538 $439,349 $549,189
2015 $12,424 $973,690 $432,750 $540,940
2014 $12,106 $954,618 $424,274 $530,344
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alice Lam

    Coldwell Banker Realty

    Section Image

  • M

    Buyer's Agent in 2017

    Michael Kerwin

    Coldwell Banker Realty

See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 450063

San Francisco Association of REALTORS® MLS

APN: 0115-054

California San Francisco County San Francisco 94133 Telegraph Hill

423 Union St, San Francisco, CA

This home is located at 423 Union St, San Francisco, CA 94133 since 13 September 2016 and is currently estimated at $5,005,925, approximately $787 per square foot. This property was built in 1906. 423 Union St is a home located in San Francisco County with nearby schools including Chin (John Yehall) Elementary School, Francisco Middle School, and Sacred Heart Cathedral Preparatory.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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