NOT LISTED FOR SALE

531 Spruce Ave South San Francisco, CA 94080

Sign Hill Neighborhood

Estimated Value: $1,194,000 - $1,275,000

4 Beds
2 Baths
1,391 Sq Ft
$887/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,260,000 $906 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,876/month

8 Days on Market

Highlights

  • Bungalow
  • South San Francisco High School Rated A-
  • 4-minute walk to City Hall Play Area

About This Home

As of May 2024

Move into this craftsman bungalow close to historic downtown South San Francisco. This great starter home offers a 2 bed, 1 bath main house and a separate, ready-to-use 2 bed, 1 bath ADU structure with income potential, or the opportunity for comfortable multi-generational living. Plus, off-street parking for up to 2 cars provides convenience for the Bay Area commute. Less than half a mile to schools and South San Francisco amenities like Grand Ave Library, popular coffee shops/restaurants, Sign Hill, and the Free South City shuttle. Minutes from freeway, BART, Caltrain, biotech campuses, Costco, Trader Joe's, Safeway, and SFO.

Last Agent to Sell the Property

Charlene Gueco

Kinoko License #01908351 Listed on: 04/08/2024

Co-Listed By

Catherine Abalos

Kinoko License #02093008

Last Buyer's Agent

Virgi Faustino

Reliance Realty Group License #01056699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,955

Year Built

  • Built in 1917

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 2 Full Bathrooms
  • 1,391 Sq Ft Home
  • Living Room with Fireplace

Parking

  • 1 Parking Space
  • No Garage
  • Open Parking

Listing and Financial Details

  • Assessor Parcel Number 012-161-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,955

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Bungalow
  • Year Built: 1917
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room
  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 8
  • Price Per Square Foot: 905.82
  • Square Footage: 1391.00

Exterior Features

  • Driveway Sidewalks: Paved Driveway

Garage/Parking

  • Parking Access: Independent
  • Parking Features: No Garage, Other
  • Parking Fees: No
  • Parking Type: None
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 012-161-020
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 13725490.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 9, 2024
Sold by
Bridge Capital Enterprises Llc
Bought by
Ngo Renee Sweeney and Ngo Duc
Seller's Agent
Charlene Gueco
Kinoko
Buyer's Agent
Virgi Faustino
Reliance Realty Group
List Price
$999,000
Sold Price
$1,260,000
Premium/Discount to List
$261,000
26.13%
Views
71
Current Estimated Value
$1,234,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,500
Avg. Annual Appreciation
-1.62%
Original Mortgage
$1,000,000
Outstanding Balance
$983,862
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$250,638

Purchase Details

Closed on
Jun 27, 2022
Sold by
Barrientos Valencia Dionicio
Bought by
Bridge Capital Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1995
Sold by
Valencia Dionicio B and Valencia Rosa Maria
Bought by
Valencia Dionicio B and Valencia Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1994
Sold by
Laura Alphonse R and Rapp Charles R
Bought by
Valencia Dionicio B and Valencia Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.38%
Mortgage Type
Commercial
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
Ngo Renee Sweeney $1,260,000 Fidelity National Title
Bridge Capital Enterprises Llc $100,000 --
Valencia Dionicio B -- Old Republic Title Company
Valencia Dionicio B $210,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Renee Sweeney $1,000,000
Previous Owner Valencia Dionicio Barrientos $1,300,000
Previous Owner Valencia Dionicio B $245,019
Previous Owner Valencia Dionicio B $280,000
Previous Owner Valencia Dionicio B $250,000
Previous Owner Valencia Dionicio B $196,000
Previous Owner Valencia Dionicio B $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $1,260,000 +26.1% $906 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $999,000 -20.7% $718 / Sq Ft
04/08/2024 04/08/24 Off Market $1,260,000 -- --
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 $13,955 $1,285,200 $714,000 $571,200
2023 $13,955 $1,180,000 $900,000 $280,000
2022 $4,307 $332,362 $166,181 $166,181
2021 $4,249 $325,846 $162,923 $162,923
2020 $4,194 $322,506 $161,253 $161,253
2019 $4,154 $316,184 $158,092 $158,092
2018 $4,057 $309,986 $154,993 $154,993
2017 $3,934 $303,908 $151,954 $151,954
2016 $3,816 $297,950 $148,975 $148,975
2015 $3,752 $293,476 $146,738 $146,738
2014 $3,668 $287,728 $143,864 $143,864
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gueco

    Seller's Agent in 2024

    Charlene Gueco

    Kinoko

    (650) 291-4409

    1 in this area

    74 Total Sales

    Charlene Gueco
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Catherine Abalos

    Kinoko

    (415) 525-4913

    1 in this area

    30 Total Sales

    Catherine Abalos
    Section Image

  • V

    Buyer's Agent in 2024

    Virgi Faustino

    Reliance Realty Group

    (650) 759-1861

    1 in this area

    3 Total Sales

    Virgi Faustino
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424016305

San Francisco Association of REALTORS® MLS

APN: 012-161-020

California San Mateo County South San Francisco 94080 Sign Hill

531 Spruce Ave, South San Francisco, CA

This home is located at 531 Spruce Ave, South San Francisco, CA 94080 since 08 April 2024 and is currently estimated at $1,234,500, approximately $887 per square foot. This property was built in 1917. 531 Spruce Ave is a home located in San Mateo County with nearby schools including Spruce Elementary School, Parkway Heights Middle School, and South San Francisco High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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