Seller's Agent in 2021
Kent Flinn
Intero Real Estate Services
(650) 534-7749
2 in this area
35 Total Sales
446 Commercial Ave South San Francisco, CA 94080
Downtown South San Francis NeighborhoodEstimated Value: $1,400,000 - $1,403,079
4
Beds
2
Baths
1,750
Sq Ft
$801/Sq Ft
Est. Value
Highlights
- Corian Countertops
- Enclosed Parking
- Vinyl Flooring
- South San Francisco High School Rated A-
- Washer and Dryer
About This Home
As of April 2021Two beautiful homes on one lot! Live in one and use the other as a rental property for added income or to offset a mortgage payment. Conveniently located near vibrant downtown South San Francisco and biotech district. 446 Commercial Ave 2 bedrooms 1 bath newer appliances (gas range, built-in microwave, refrigerator, dishwasher, and washer and dryer) and 447 Second Lane*** offers 2 BD and 1 bath plus bonus room as well as new appliances (gas range, built-in microwave, refrigerator, dishwasher, and washer and dryer). **446 Commercial Ave.*** features 2 BD and 1 bath and new appliances (gas range with hood, refrigerator, dishwasher, washer, and dryer). Each home has its own fenced in yard area and laundry as well as a newer roof. Incredible opportunity for both homeownership and income!
Last Agent to Sell the Property
Intero Real Estate Services License #00982671 Listed on: 01/11/2021
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,695
Year Built
- 1928
Lot Details
- 3,498 Sq Ft Lot
Parking
- 1 Car Garage
- Enclosed Parking
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,750 Sq Ft Home
- Vinyl Flooring
- Washer and Dryer
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Corian Countertops
- Disposal
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $72,600
Community Details
Overview
- 1,750 Sq Ft Building
Building Details
- 2 Leased Units
- Insurance Expense $3,000
- Operating Expense $15,413
- Gross Income $70,422
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2021
Closed on
Mar 31, 2021
Sold by
Lok Gregory Kin and Hau Claire Jenn
Bought by
Siu Anthony Yun Wah and Lau Man Shu
Seller's Agent
Kent Flinn
Intero Real Estate Services
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,350,000
Sold Price
$1,315,000
Premium/Discount to List
-$35,000
-2.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,026
Avg. Annual Appreciation
1.46%
Original Mortgage
$986,250
Outstanding Balance
$889,553
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$512,473
Purchase Details
Listed on
May 29, 2019
Closed on
Jul 2, 2019
Sold by
Ferguson Yukiko
Bought by
Lok Gregory Kin and Hau Claire Jenn Man
Seller's Agent
Adam Chinn
KW Advisors
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$999,000
Sold Price
$1,045,000
Premium/Discount to List
$46,000
4.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$731,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 29, 2019
Closed on
May 28, 2019
Sold by
Ferguson Yuiko
Bought by
Ferguson Yukiko
Seller's Agent
Adam Chinn
KW Advisors
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$999,000
Sold Price
$1,045,000
Premium/Discount to List
$46,000
4.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 30, 2003
Sold by
Ferguson Yukiko
Bought by
Ferguson Elizabeth Kay and Ferguson Yukiko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 28, 2002
Sold by
Ferguson Yukiko
Bought by
Ferguson Yukiko
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 |
|---|---|---|---|
| Siu Anthony Yun Wah | $1,315,000 | Old Republic Title Company | |
| Lok Gregory Kin | $1,045,000 | First American Title Company | |
| Hollingsworth Kaoru E | -- | First American Title Company | |
| Ferguson Yukiko | -- | None Available | |
| Ferguson Yukiko | -- | None Available | |
| Ferguson Elizabeth Kay | -- | -- | |
| Ferguson Yukiko | -- | Fidelity National Title | |
| Ferguson Yukiko | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siu Anthony Yun Wah | $986,250 | |
| Previous Owner | Lok Gregory Kin | $910,000 | |
| Previous Owner | Lok Gregory Kin | $731,500 | |
| Previous Owner | Ferguson Yukiko | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2021 04/06/21 | Sold | $1,315,000 | -2.6% | $751 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $1,350,000 | +29.2% | $771 / Sq Ft |
| 07/16/2019 07/16/19 | Sold | $1,045,000 | +4.6% | $653 / Sq Ft |
| 06/14/2019 06/14/19 | Pending | -- | -- | -- |
| 05/29/2019 05/29/19 | For Sale | $999,000 | -- | $624 / 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 | $16,695 | $1,423,395 | $842,131 | $581,264 |
| 2023 | $16,695 | $1,368,125 | $809,431 | $558,694 |
| 2022 | $15,514 | $1,341,300 | $793,560 | $547,740 |
| 2021 | $12,570 | $1,055,825 | $731,500 | $324,325 |
| 2020 | $12,413 | $1,045,000 | $724,000 | $321,000 |
| 2019 | $6,186 | $451,906 | $225,953 | $225,953 |
| 2018 | $6,043 | $443,046 | $221,523 | $221,523 |
| 2017 | $5,845 | $434,360 | $217,180 | $217,180 |
| 2016 | $5,652 | $425,844 | $212,922 | $212,922 |
| 2015 | $5,558 | $419,448 | $209,724 | $209,724 |
| 2014 | $5,469 | $411,232 | $205,616 | $205,616 |
Source: Public Records
Agents Affiliated with this Home
-
Kent Flinn
-
R
Buyer's Agent in 2021
RECIP
Out of Area Office
-
Adam Chinn
A
Seller's Agent in 2019
Adam Chinn
KW Advisors
(650) 627-3700
1 in this area
39 Total Sales
Map
Source: MLSListings
MLS Number: ML81825344
APN: 012-322-430
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