NOT LISTED FOR SALE

50 Midcrest Way San Francisco, CA 94131

Midtown Terrace Neighborhood

Estimated Value: $1,259,000 - $1,455,076

2 Beds
1 Bath
960 Sq Ft
$1,452/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $1,450,000 $1,510 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,874/month

10 Days on Market

Highlights

  • Two Way Fireplace
  • Wood Flooring
  • Modern Architecture
  • Clarendon Alternative Elementary School Rated A
  • Garden View
  • High Ceiling

About This Home

As of June 2023

Mid-Century Modern in Midtown! "Midtown Terrace" was the last major housing development built in San Francisco, back in the 1950's. Tucked away in Twin Peaks area, this neighborhood has easy access to everywhere--beaches, bridges, the airport, the Peninsula, and downtown. Great privacy, with a wall of windows overlooking the level back garden, sheltered with trees. A cozy fireplace, beautiful newly remodeled gourmet kitchen, exposed beam ceiling, and hardwood floors throughout the home create a warm and inviting atmosphere. There is plenty of room to expand downstairs in the garage and into the back yard.

Last Agent to Sell the Property

Kathleen Sparer

Compass License #01165140 Listed on: 05/07/2023

Compass

Last Buyer's Agent

Amanda Jones

Compass License #01390012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,436

Year Built

  • Built in 1953

Lot Details

  • 3,332 Sq Ft Lot
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as RH1

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Wood Flooring
  • Garden Views
  • Alarm System
  • Unfinished Basement

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • Midtown Terrace Homeowners Association
  • Built by Midtown Terrace

Listing and Financial Details

  • Assessor Parcel Number 2824-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,436

Year Built

Built in 1953

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 960
  • Complex Name: Midtown Terrace
  • Incorporated: Yes
  • Year Built: 1953
  • Zoning Description: RH1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Dual See Thru, Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 960
  • Stories: 1
  • Security: Secured Garage / Parking, Security Alarm, Security Fence
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Dryer, Electricity Hookup (220V), In Garage, Tub / Sink, Washer
  • Flooring: Hardwood
  • Additional Rooms: Basement - Unfinished, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers, Raised
  • Roof: Tar and Gravel
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Enclosed, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 18
  • HOA Fee Frequency: Annually
  • H O A Name Text: Midtown Terrace Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 2824-011
  • Lot Acres: 0.0765
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3332.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3332.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 1, 2023
Sold by
Sparer Evan Areias and Allison Mary
Bought by
Worona Terrance
Seller's Agent
Kathleen Sparer
Compass
Buyer's Agent
Amanda Jones
Compass
List Price
$1,488,000
Sold Price
$1,450,000
Premium/Discount to List
-$38,000
-2.55%
Views
65
Current Estimated Value
$1,393,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,231
Avg. Annual Appreciation
-1.68%
Original Mortgage
$1,120,000
Outstanding Balance
$1,087,154
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$306,615

Purchase Details

Closed on
Apr 26, 2019
Sold by
Beranek Palmer Susan Joan and Beranek Larry L
Bought by
Areias Sparer Evan and Sparer Allison Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 4, 2004
Sold by
Beranek Larry L and Beranek Hana A
Bought by
Beranek Larry L and Beranek Hana A
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
Worona Terrance $1,450,000 Doma Title Of California
Areias Sparer Evan $1,350,000 Stewart Title Company
Beranek Larry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worona Terrance $1,120,000
Previous Owner Areias Sparer Evan $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $1,450,000 -2.6% $1,510 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $1,488,000 -- $1,550 / Sq Ft
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 $17,436 $1,508,580 $1,056,006 $452,574
2024 $17,436 $1,479,000 $1,035,300 $443,700
2023 $17,075 $1,447,470 $1,013,230 $434,240
2022 $16,770 $1,419,089 $993,363 $425,726
2021 $16,480 $1,391,265 $973,886 $417,379
2020 $16,614 $1,377,000 $963,900 $413,100
2019 $914 $68,082 $32,284 $35,798
2018 $806 $66,748 $31,651 $35,097
2017 $796 $65,440 $31,031 $34,409
2016 $753 $64,158 $30,423 $33,735
2015 $744 $63,196 $29,967 $33,229
2014 $724 $61,959 $29,380 $32,579
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Sparer

    Seller's Agent in 2023

    Kathleen Sparer

    Compass

    (650) 464-3248

    1 in this area

    21 Total Sales

    Kathleen Sparer
    Section Image
  • Amanda Jones

    Buyer's Agent in 2023

    Amanda Jones

    Compass

    (415) 218-2179

    1 in this area

    82 Total Sales

    Amanda Jones
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81927362

MLSListings

APN: 2824-011

California San Francisco County San Francisco 94131 Midtown Terrace

50 Midcrest Way, San Francisco, CA

This home is located at 50 Midcrest Way, San Francisco, CA 94131 since 07 May 2023 and is currently estimated at $1,393,769, approximately $1,451 per square foot. This property was built in 1953. 50 Midcrest Way is a home located in San Francisco County with nearby schools including Clarendon Alternative Elementary School, Presidio Middle School, and St. Brendan Elementary School.

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