NOT LISTED FOR SALE

540 Delancey St Unit 402-3 San Francisco, CA 94107

South Beach Neighborhood

Estimated Value: $1,090,000 - $2,485,000

2 Beds
4 Baths
3,032 Sq Ft
$2,151/mo HOA Fee

Last Sold December 28, 2023

Last sale price $2,325,000 $767 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $13,671/month

227 Days on Market

Highlights

  • Unit is on the top floor
  • Bay View
  • Contemporary Architecture
  • Daniel Webster Elementary School Rated 9+
  • Built-In Refrigerator
  • 4-minute walk to Rincon Hill Dog Park

About This Home

As of December 2023

Rare opportunity to purchase a truly magnificent gem. A coveted slice of San Francisco history, this industrial-chic, dual-staircase home blends two units into a palatial floor plan that evokes tranquility, warmth, and privacy. Abundant natural light flows through the open floor plan on all elevations of the home. This southeast corner, top floor two bedroom, four bathroom offers the potential to convert the media room to an additional third bedroom. Premium finishes, fixtures, and appliances throughout. Newly installed wood floors, custom window shades, Nest Thermostats, and custom lighting. Enjoy the best of indoor-outdoor living with multiple glass sliders that open to an expansive wrap around terrace and water view balconies off both bedrooms. Conveniently located near the waterfront, enjoy Oracle Park and Chase Center, parks, groceries, cafes, restaurants, and easy access to freeways. Two car parking and elevator access complete this exceptional home.

Last Agent to Sell the Property

Jina Kang

Compass License #01936830 Listed on: 04/28/2023

Compass

Last Buyer's Agent

Joy Liu

Helm Real Estate License #01342372

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,584

Year Built

  • Built in 1892 | Remodeled

Lot Details

  • Southeast Facing Home
  • Corner Lot

HOA Fees

  • $2,151 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,032 Sq Ft Home
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Bay Views

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Closet In Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Assigned Parking

Additional Features

  • Accessible Elevator Installed
  • Unit is on the top floor
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 3774-147

Community Details

Overview

  • Association fees include common areas, electricity, gas, insurance, management, trash, water
  • 16 Units
  • Mid-Rise Condominium

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,584

Year Built

Built in 1892 | Remodeled

Lot Details

0

HOA Fees

$2,151 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached, Loft, Luxury, Mid-Rise (4-8)
  • Architectural Style: Contemporary, Conversion, Modern/High Tech
  • Property Condition: Updated/Remodeled
  • Property Faces: Southeast
  • Accessibility Features: Accessible Elevator Installed
  • Location Of Unit: Top Floor
  • Year Built: 1892
  • Special Features: None
  • Stories: 0

Interior Features

  • Master Bathroom Features: Low-Flow Toilet(s), Soaking Tub, Window
  • Master Bedroom Features: Balcony
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Dining Room Features: Formal Room
  • Living Room Features: Deck Attached
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Free Standing Electric Range, Hood Over Range, Microwave, Wine Refrigerator
  • Bathroom Features: Closet, Low-Flow Toilet(s), Shower Stall(s), Stone, Tile, Window
  • Family Room Features: Deck Attached
  • Flooring: Tile, Wood
  • Kitchen Features: Island, Pantry Closet
  • Laundry Features: Dryer Included, Inside Room, Washer Included
  • Main Level: Dining Room, Family Room, Full Bath(s), Kitchen, Living Room
  • Price Per Square Foot: 766.82
  • Room Type: Laundry, Office, Storage
  • Square Footage: 3032.00

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • View: Bay, Water

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Covered, Garage Door Opener, Side-by-Side
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: Room Air
  • Heating: Central

Condo/Co-op/Association

  • Association Fee: 2151
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Electricity, Gas, Insurance, Management, Trash, Water

Lot Info

  • Assessor Parcel Number: 3774-147
  • Lot Features: Corner, Secluded
  • Lot Size Acres: 0.1913
  • Lot Size Sq Ft: 8334.00
  • Lot Size Units: SqFt
  • Price Per Acre: 12153685.31

Rental Info

  • Pets Allowed: Number Limit

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Neumann Shanna and Neumann Joseph Shanna
Bought by
Srt Trust and Joseph
Current Estimated Value
$1,857,275

Purchase Details

Listed on
Apr 28, 2023
Closed on
Dec 21, 2023
Sold by
John Smith Llc
Bought by
Neumann Shanna
Seller's Agent
Jina Kang
Compass
Buyer's Agent
Joy Liu
Helm Real Estate
List Price
$3,600,000
Sold Price
$2,325,000
Premium/Discount to List
-$1,275,000
-35.42%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.55%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Camp Garrett
Bought by
John Smith Llc

Purchase Details

Closed on
Aug 16, 2011
Sold by
Kalmer Frederich C
Bought by
Camp Garrett

Purchase Details

Closed on
Sep 24, 2008
Sold by
Ray Mary
Bought by
Kaimer Frederich C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2008
Sold by
Child William Steven and Child Paula
Bought by
Kaimer Frederich C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Wang Goldine
Bought by
Child William Steven and Child Paula

Purchase Details

Closed on
Dec 21, 2000
Sold by
Mufson Gregg
Bought by
Wang Goldine

Purchase Details

Closed on
Dec 7, 2000
Sold by
Slover Thomas J and Klukvin Melissa A
Bought by
Wang Goldine

Purchase Details

Closed on
Nov 3, 1997
Sold by
Cape Horn Investment Llc
Bought by
Slover Thomas J and Klukvin Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.3%
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
Srt Trust -- None Listed On Document
Neumann Shanna -- Old Republic Title
John Smith Llc -- None Available
John Smith Llc -- None Available
Camp Garrett $3,000,000 Fidelity National Title Co
Kaimer Frederich C -- Fidelity National Title Co
Kaimer Frederich C $3,100,000 Fidelity National Title Co
Child William Steven $2,000,000 Fidelity National Title Co
Wang Goldine -- Commonwealth Land Title Co
Wang Goldine $780,000 Commonwealth Land Title Co
Slover Thomas J $450,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaimer Frederich C $1,500,000
Previous Owner Slover Thomas J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $2,325,000 -7.0% $767 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $2,500,000 -16.5% $825 / Sq Ft
06/23/2023 06/23/23 Price Changed $2,995,000 -16.8% $988 / Sq Ft
04/28/2023 04/28/23 For Sale $3,600,000 -- $1,187 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $21,584 $1,758,464 $879,232 $879,232
2024 $21,584 $1,723,986 $861,993 $861,993
2023 $21,248 $1,690,184 $845,092 $845,092
2022 $20,835 $1,657,044 $828,522 $828,522
2021 $20,451 $1,624,554 $812,277 $812,277
2020 $20,568 $1,607,898 $803,949 $803,949
2019 $19,826 $1,576,372 $788,186 $788,186
2018 $19,140 $1,545,464 $772,732 $772,732
2017 $18,607 $1,515,162 $757,581 $757,581
2016 $18,321 $1,485,454 $742,727 $742,727
2015 $18,061 $1,463,142 $731,571 $731,571
2014 $17,249 $1,434,482 $717,241 $717,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423731675

San Francisco Association of REALTORS®

APN: 3774-146