NOT LISTED FOR SALE

Estimated Value: $718,000 - $807,000

1 Bed
1 Bath
847 Sq Ft
$836/mo HOA Fee

Last Sold June 17, 2021

Last sale price $870,000 $1,027 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,040/month

56 Days on Market

Highlights

  • Views of San Francisco
  • Rooftop Deck
  • Wood Flooring
  • Fitness Center
  • Contemporary Architecture
  • 1-minute walk to Guy Place Mini Park

About This Home

As of June 2021

Step into this exquisitely stylish & contemporary 1 bed 1 bath condo & step into home. This luxurious boutique elevator building in the heart of South Beach. Located on a desirable tree lined street this unit is center stage for entertaining in the open living/dining room with walk-out private terrace overseeing city skyline. Open kitchen boasts Granite counters, Gas Range, S/S appliances, Studio Becker Cabinets & hardwood floors that convey sense of elegance. Spacious master suite with walk-in closet & elegant bathroom w/dual vanities finish off the classy interior. Additional luxuries: A/C, in-unit W/D, 1 car parking & 3 private storage spaces. Building amenities include on-site management, fitness center with sun terrace, rooftop deck w/BBQ, outdoor furniture, & stunning panoramic city views. Just blocks to Embarcadero, shopping, & freeways, all while sharing the neighborhood with famous landmarks, high-end restaurants, you'll feel a truly iconic San Francisco living experience

Last Agent to Sell the Property

Tyron Hooper

Corcoran Icon Properties License #01788530 Listed on: 04/15/2021

Corcoran Icon Properties

Last Buyer's Agent

Bin Lu

Intero Real Estate Services License #01753371

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.46

HOA Fees

  • $836 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 847 Sq Ft Home
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Private Parking
  • Side by Side Parking
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access

Outdoor Features

  • Uncovered Courtyard
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3749231

Community Details

Overview

  • Association fees include homeowners insurance, internet, maintenance exterior, ground maintenance, management, recreation facility, trash, water, elevator
  • 82 Units
  • 50 Lansing St HOA, Phone Number (415) 979-0551
  • Mid-Rise Condominium

Amenities

  • Rooftop Deck
  • Community Barbecue Grill

Recreation

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,712

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$836 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Luxury, Mid-Rise (4-8)
  • Architectural Style: Contemporary, Modern/High Tech
  • Property Condition: Updated/Remodeled
  • Accessibility Features: Accessible Elevator Installed, Parking, Wheelchair Access
  • Other Equipment: Intercom
  • Year Built: 2006
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 1
  • Master Bathroom Features: Closet, Double Sinks, Low-Flow Toilet(s), Tile, Tub w/Shower Over
  • Master Bedroom Features: Walk-In Closet
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Deck Attached
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Carpet, Tile, Wood
  • Kitchen Features: Granite Counter
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Included
  • Main Level: Dining Room, Kitchen, Living Room, Primary Bedroom
  • Price Per Square Foot: 1027.15
  • Room Type: Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Square Footage: 847.00

Exterior Features

  • Driveway Sidewalks: Paved Sidewalk
  • Exterior Features: BBQ Built-In, Uncovered Courtyard
  • View: City Lights, Downtown, San Francisco

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security Features: Carbon Mon Detector, Fire Alarm, Secured Access, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public, Cable Available, Internet Available, Natural Gas Connected
  • Water Source: Public

Association/Amenities

  • Association Features: Barbeque, Gym, Roof Deck
  • Association Name: 50 Lansing St HOA

Condo/Co-op/Association

  • Unit: 408
  • Association Fee: 836
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Homeowners Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Management, Recreation Facility, Trash, Water, Elevator
  • Phone: (415) 979-0551

Lot Info

  • Assessor Parcel Number: 3749231
  • Lot Size Acres: 0.4610
  • Lot Size Sq Ft: 20082.00
  • Lot Size Units: SqFt
  • Price Per Acre: 1887201.74

Multi Family

  • Number Of Units: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 15, 2021
Sold by
Fallahi Arzoodar Family Trust and Arzoodar Amir Fallahi
Bought by
Yi Yang and Yi Brian
Seller's Agent
Tyron Hooper
Corcoran Icon Properties
Buyer's Agent
Bin Lu
Intero Real Estate Services
List Price
$799,000
Sold Price
$870,000
Premium/Discount to List
$71,000
8.89%
Current Estimated Value
$775,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,129
Avg. Annual Appreciation
-2.70%
Original Mortgage
$652,500
Outstanding Balance
$583,674
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$192,197

Purchase Details

Closed on
May 29, 2020
Sold by
Arzoodar Alexis W Fallahi and Arzoodar Amur Fallahi
Bought by
Arzoodar Amr Fallahi and Arzoodar Alexis Whitney

Purchase Details

Closed on
Apr 24, 2014
Sold by
The Lansing Homeowners Association
Bought by
Arzoodar Amir Fallahi and Arzoodar Alexis Whitney Fallahi

Purchase Details

Closed on
Mar 16, 2006
Sold by
Lambert Development Lansing Llc
Bought by
Arzoodar Amir Fallahi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yi Yang -- Fidelity National Title
Arzoodar Amr Fallahi -- None Available
Arzoodar Amir Fallahi $7,000 None Available
Arzoodar Amir Fallahi $595,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Yang $652,500
Previous Owner Arzoodar Amir Fallahi $524,000
Previous Owner Arzoodar Amir Fallahi $540,000
Previous Owner Arzoodar Amir Fallahi $150,000
Previous Owner Arzoodar Amir Fallahi $417,000
Previous Owner Arzoodar Amir Fallahi $133,000
Previous Owner Arzoodar Amir Fallahi $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $870,000 +8.9% $1,027 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $799,000 -- $943 / 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 $11,712 $941,713 $565,027 $376,686
2024 $11,712 $923,249 $553,949 $369,300
2023 $11,530 $905,147 $543,088 $362,059
2022 $11,303 $887,400 $532,440 $354,960
2021 $9,521 $736,458 $368,229 $368,229
2020 $9,623 $728,908 $364,454 $364,454
2019 $9,248 $714,616 $357,308 $357,308
2018 $8,938 $700,604 $350,302 $350,302
2017 $8,541 $686,856 $343,428 $343,428
2016 $8,388 $673,400 $336,700 $336,700
2015 $8,287 $663,286 $331,643 $331,643
2014 $7,975 $650,294 $325,147 $325,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421536579

San Francisco Association of REALTORS® MLS

APN: 3749-231