NOT LISTED FOR SALE

Estimated Value: $1,256,000 - $2,143,351

4 Beds
2 Baths
1,992 Sq Ft
$787/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,400,000 $703 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,046/month

12 Days on Market

Highlights

  • Corner Lot
  • Lafayette Elementary School Rated A
  • 2 Car Garage

About This Home

As of March 2022

Great income property! 500-502 35th Ave is an outstanding opportunity in the Richmond district. This beautiful San Francisco duplex built in 1936 is ideal for your investment portfolio! The 2 units are both tenant occupied with solid income featuring 2 bedrooms and 1 bathroom each. This duplex sits on a convenient corner lot located in one of San Francisco's most desirable neighborhoods, Outer Richmond. Located close to Ocean Beach, GGP, Lincoln Park, Land's End trail, Muni lines and Balboa/Clement/Geary shopping corridors. Countless iconic restaurants & sites within a few city blocks. Don't miss it! By appointment only, contact me today to learn more.

Last Agent to Sell the Property

Joe Polyak

Rise Homes License #01872572 Listed on: 01/28/2022

Last Buyer's Agent

Adam Sandow

KW Advisors East Bay License #02128082

KW Advisors East Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,984

Year Built

  • Built in 1936

Lot Details

  • 1,203 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,992 Sq Ft Home
  • Duplex

Community Details

  • 2 Units
  • 2 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 1510-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,984

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Flats
  • Year Built: 1936
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 9
  • Price Per Square Foot: 702.81
  • Square Footage: 1992.00

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Lot Info

  • Assessor Parcel Number: 1510-044
  • Lot Features: Corner
  • Lot Size Acres: 0.0276
  • Lot Size Sq Ft: 1203.00
  • Lot Size Units: SqFt
  • Price Per Acre: 50724637.68

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 29.24
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number Of Units Leased: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 18, 2022
Sold by
Suzanne Bette Weinberg 2018 Revocable Tr
Bought by
Abraham Michelle L and Schalk David
Seller's Agent
Joe Polyak
Rise Homes
Buyer's Agent
Adam Sandow
KW Advisors East Bay
List Price
$998,000
Sold Price
$1,400,000
Premium/Discount to List
$402,000
40.28%
Current Estimated Value
$1,568,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,588
Avg. Annual Appreciation
2.66%
Original Mortgage
$1,120,000
Outstanding Balance
$1,047,554
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$485,761

Purchase Details

Closed on
Mar 4, 2018
Sold by
Weinber S Bette
Bought by
The Suzanne Bette Weinber 2018 Revocable
Source: Public Records

Range of Values:

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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
Abraham Michelle L $1,400,000 New Title Company Name
The Suzanne Bette Weinber 2018 Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Michelle L $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $1,400,000 +40.3% $703 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $998,000 -- $501 / 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 $17,984 $1,585,688 $1,039,982 $545,706
2024 $17,984 $1,456,560 $1,019,592 $436,968
2023 $17,621 $1,428,000 $999,600 $428,400
2022 $2,171 $113,150 $48,303 $64,847
2021 $2,129 $110,932 $47,356 $63,576
2020 $2,260 $109,796 $46,871 $62,925
2019 $2,195 $107,644 $45,952 $61,692
2018 $2,120 $105,534 $45,051 $60,483
2017 $1,799 $103,466 $44,168 $59,298
2016 $1,732 $101,438 $43,302 $58,136
2015 $1,938 $99,915 $42,652 $57,263
2014 $1,665 $97,959 $41,817 $56,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422624370

San Francisco Association of REALTORS® MLS

APN: 1510-044