NOT LISTED FOR SALE

434 Victory Ave South San Francisco, CA 94080

Orange Park Neighborhood

Estimated Value: $4,302,756

0.17 Acre
$25,310,329 Price per Acre
7,405 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $400,000

Est. 976% increase in value since last sale

Current estimated payment $26,748/month

51 Days on Market

About This Lot

As of May 2016

Base district: MI - Mixed Industrial /Overlay district: Live Loft. Uses include :Adult Oriented Businesses, Auto repair, manufacturing, restaurants, cultural institution, colleges & trade school. Dozens more uses. See land use Reg’s Francisco. Location for many uses. San Bruno BART is walking distance within 3 blocks from subject property. Close proximity to US 101 Freeway, within 1 miles from San Francisco International Airport, and a 15 minute drive to San Francisco. Walk to down town South San Francisco. This Mix Used Industrial location offers a retail side as well.

Last Agent to Sell the Property

Wayne Gomes

Coldwell Banker Realty License #00673914 Listed on: 02/02/2016

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $50,723

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Outdoor Features

  • Electricity Less than 500 Feet Away

Utilities

  • Gas Line Less than 500 Feet Away
  • Sewer Within 50 Feet

Property Details

Property Type

Land

Est. Annual Taxes

$50,723

Lot Details

0

Listing Details

  • Zoning: MI - Mixed Industrial
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Development Status: Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link

Utilities

  • Sewer/Septic System: Sewer In Street

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.20
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Less Than 500 Feet Away, Gas - Less Than 500 Feet Away

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
Ravid Cory M and Sage Jacklyn L
Bought by
434 Victory Avenue Llc
Current Estimated Value
$4,302,756

Purchase Details

Closed on
Sep 15, 2021
Sold by
1515 Sovanness Llc
Bought by
Ravid Cory M and Sage Jacklyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,222,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 2, 2016
Closed on
May 24, 2016
Sold by
Terminal Brass & Aluminum Foundry Inc
Bought by
1515 Sovanness Llc
Seller's Agent
Wayne Gomes
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$599,000
Sold Price
$400,000
Premium/Discount to List
-$199,000
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%
Source: Public Records

Range of Values:

Collateral Analytics

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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
434 Victory Avenue Llc -- None Available
Ravid Cory M $4,400,000 Stewart Ttl Guaranty Co Com
1515 Sovanness Llc $2,700,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravid Cory M $2,222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $400,000 -33.2% --
03/25/2016 03/25/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $599,000 -- --
Source: MLSListings

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 $50,723 $4,669,314 $3,395,865 $1,273,449
2023 $50,723 $4,488,000 $3,264,000 $1,224,000
2022 $47,089 $4,400,000 $3,200,000 $1,200,000
2021 $24,305 $2,214,630 $2,159,949 $54,681
2020 $24,016 $2,191,923 $2,137,802 $54,121
2019 $23,742 $2,148,945 $2,095,885 $53,060
2018 $23,173 $2,106,810 $2,054,790 $52,020
2017 $22,996 $2,095,056 $2,014,500 $80,556
2016 $3,877 $296,887 $96,935 $199,952
2015 $4,143 $294,533 $95,479 $199,054
2014 $4,156 $282,101 $93,609 $188,492
Source: Public Records

Agents Affiliated with this Home

  • Wayne Gomes

    Seller's Agent in 2016

    Wayne Gomes

    Coldwell Banker Realty

    (650) 558-4318

    28 Total Sales

    Wayne Gomes
    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81549134

MLSListings

APN: 014-191-060

California San Mateo County South San Francisco 94080 Orange Park

434 Victory Ave, South San Francisco, CA

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