NOT LISTED FOR SALE

Estimated Value: $849,000 - $961,000

1 Bed
1 Bath
881 Sq Ft
$967/mo HOA Fee

Last Sold June 27, 2023

Last sale price $920,000 $1,044 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,116/month

5 Days on Market

Highlights

  • 2.82 Acre Lot
  • 3-minute walk to Mission Rock Station Outbound
  • Family Room Off Kitchen
  • Wood Flooring
  • Enclosed Parking
  • 2-minute walk to Mission Bay Commons

About This Home

As of June 2023

Welcome to Madrone 216. It is rare to find residences with extra high ceilings in both the living room and bedroom and a private balcony. This creates a loft-like living experience with spacious, bright, and airy interiors. As you enter the unit, you will find a kitchen space equipped with stainless steel appliances. The living room features wood flooring and has a coat closet, bathroom with 2 doors. Washer and dryer in unit, 1 parking and 1 storage included. Madrone is well-known as one of BOSA's development projects in Mission Bay, and it offers exceptional amenities to all residents. These amenities include a heated swimming pool, jacuzzi, two BBQ areas, a fitness center, a business center, a conference room, social rooms with a billiards area, a movie theatre, and dry/wet saunas. Additionally, each home comes with one large storage space and one parking space within the building.

Last Agent to Sell the Property

Jessie Lee

Compass License #01852582 Listed on: 06/16/2023

Compass

Last Buyer's Agent

Trevor Leung

Compass License #01900473

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,161

Year Built

  • Built in 2012

Lot Details

  • 2.82

HOA Fees

  • $967 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 881 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring
  • Stacked Washer and Dryer

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 329 Units
  • High-Rise Condominium
  • 16-Story Property

Listing and Financial Details

  • Assessor Parcel Number 8720-153

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,161

Year Built

Built in 2012

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Hi-Rise (9+), Luxury
  • Stories: 16
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Number Of Rooms: 3
  • Flooring: Wood, Other
  • Kitchen Features: Kitchen/Family Combo
  • Laundry Features: Dryer Included, Washer Included, Washer/Dryer Stacked Included
  • Price Per Square Foot: 1044.27
  • Room Type: Dining Room, Kitchen, Living Room, Primary Bedroom
  • Square Footage: 881.00

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Unit: 216
  • Association Fee: 967
  • Association Fee Frequency: Monthly

Lot Info

  • Assessor Parcel Number: 8720-153
  • Lot Size Acres: 2.8212
  • Lot Size Sq Ft: 122891.00
  • Lot Size Units: SqFt
  • Price Per Acre: 326102.37

Multi Family

  • Number Of Units: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Choi Hyo Won and Living Trust The Cho Family
Bought by
Choi Hyo Won and Hyo Won Choi Survivors Trust
Total Days on Market
5
Current Estimated Value
$907,029

Purchase Details

Closed on
Jun 20, 2014
Sold by
Choi Jerry and Choi Hyo Won
Bought by
Living Trust Of The Choi Family Trust

Purchase Details

Closed on
Nov 4, 2012
Sold by
Bosa Development California Ii Inc
Bought by
Choi Ju Nam and Choi Hyowon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$280,806
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$572,689
Source: Public Records

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Range of Values:

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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
Choi Hyo Won -- None Available
Living Trust Of The Choi Family Trust -- None Available
Choi Ju Nam -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Ju Nam $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $920,000 +1.1% $1,044 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $910,000 -- $1,033 / 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
2024 $13,161 $938,400 $563,040 $375,360
2023 $10,449 $708,970 $354,485 $354,485
2022 $10,239 $695,070 $347,535 $347,535
2021 $10,047 $681,442 $340,721 $340,721
2020 $10,122 $674,456 $337,228 $337,228
2019 $9,748 $661,232 $330,616 $330,616
2018 $9,437 $648,268 $324,134 $324,134
2017 $9,015 $635,558 $317,779 $317,779
2016 $8,847 $623,098 $311,549 $311,549
2015 $8,728 $613,740 $306,870 $306,870
2014 $8,506 $601,718 $300,859 $300,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423734980

San Francisco Association of REALTORS® MLS

APN: 8720-153