NOT LISTED FOR SALE

542 Commercial Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,381,682 - $1,523,000

4 Beds
2 Baths
980 Sq Ft
$1,504/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $1,200,000 $1,224 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,343/month

16 Days on Market

About This Home

As of July 2018

Welcome to 542 Commercial Avenue South San Francisco. This adorable original custom built home offers excellent value on the San Francisco Peninsula with convenience to both Silicon Valley and San Francisco. A large living and dining room combination with iconic views of the SF Peninsula makes for a cozy living and entertainment space. The living space features 2 bedrooms, 1 full bathroom and a full basement. The back house located at 543 2nd Lane includes 2 bedrooms, 1 bath, and 1 car garage. Outside space featuring a private yard with ample room for gardening, play, and entertainment. With only a few blocks from Orange Park, minutes from the bio tech industry, and close proximity to both 101 and 280 makes this wonderful location so very convenient.

Last Agent to Sell the Property

Jill Penna

Coldwell Banker Realty License #01895080 Listed on: 05/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Jill Penna

Coldwell Banker Realty License #01895080 Listed on: 05/10/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,716

Year Built

  • 1924

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • 980 Sq Ft Home
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $30,000

Community Details

Overview

  • 980 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,716

Year Built

1924

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM0000
  • Subclass: Multiple Dwellings / Structures
  • Age: 94
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 980

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr
  • Gross Rent Multiplier: 39.93
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 30000.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 18, 2018
Sold by
Cress Jilie and Dina Paolina Menicucci Trust
Bought by
Duong Vinh Ngoc and Huynh Ngan Thi Kim
Seller's Agent
Jill Penna
Coldwell Banker Realty
Buyer's Agent
Jill Penna
Coldwell Banker Realty
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%
Current Estimated Value
$1,474,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,227
Original Mortgage
$870,225
Outstanding Balance
$757,324
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1999
Sold by
Menicucci Dina P and Menicucci Pia M
Bought by
Menicucci Dina Paolina
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
Duong Vinh Ngoc $1,200,000 Fidelity National Title Co
Menicucci Dina Paolina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Vinh Ngoc $60,700
Open Duong Vinh Ngoc $870,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $1,200,000 +0.2% $1,224 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $1,198,000 -- $1,222 / 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 $15,716 $1,338,618 $892,413 $446,205
2023 $15,716 $1,286,639 $857,760 $428,879
2022 $14,603 $1,261,412 $840,942 $420,470
2021 $14,410 $1,236,679 $824,453 $412,226
2020 $14,231 $1,224,000 $816,000 $408,000
2019 $14,077 $1,200,000 $800,000 $400,000
2018 $12,264 $77,751 $34,456 $43,295
2017 $1,975 $76,228 $33,781 $42,447
2016 $1,816 $74,734 $33,119 $41,615
2015 $1,781 $73,612 $32,622 $40,990
2014 $1,765 $72,171 $31,983 $40,188
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jill Penna

    Coldwell Banker Realty

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Map

Source: MLSListings

MLS Number: ML81704944

MLSListings

APN: 012-272-410

California San Mateo County South San Francisco 94080 Downtown South San Francis

542 Commercial Ave, South San Francisco, CA

This home is located at 542 Commercial Ave, South San Francisco, CA 94080 since 10 May 2018 and is currently estimated at $1,474,227, approximately $1,504 per square foot. This property was built in 1924. 542 Commercial 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.

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