NOT LISTED FOR SALE

550 S Van Ness Ave Unit 202 San Francisco, CA 94110

Inner Mission Neighborhood

Estimated Value: $518,000 - $551,000

1 Bed
1 Bath
718 Sq Ft
$539/ mo HOA Fee

Last Sold December 07, 2023

Last sale price $520,000 $724 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,929/month

56 Days on Market

Highlights

  • 0.3 Acre Lot
  • 3-minute walk to 16Th Street Mission Station
  • Enclosed Parking
  • Hoover (Herbert) Middle School Rated A-
  • Stone Countertops
  • 2-minute walk to In Chan Kaajal Park

About This Home

As of December 2023

Conveniently nestled between the vibrant Valencia corridor and the hustle and bustle of the Inner Mission, Unit #202 at 550 S Van Ness is the perfect home for anyone seeking modern city living. This freshly painted 1 Bed, 1 Bath condo features an open floor plan, recently remodeled bathroom, and brand new stainless steel Samsung appliances. The kitchen flows seamlessly into the open concept dining and living areas providing eastern outlooks, including the city skyline. The spacious bedroom has large windows letting in natural light, a nook that is the ideal home office space, and a true walk-in closet. Completing this home is an independent parking space and additional storage. The building comes equipped with solar panels, laundry room, high-speed internet, and common outdoor spaces. Enjoy local hotspots such as Tartine Manufactory, Farmhouse Thai, Mission Cliffs and much more. With a 100 Walk score, 100 Bike score, and BART just a block away, the city is in the palm of your hands!

Last Agent to Sell the Property

Bradley Joe

City Real Estate License #01956822 Listed on: 09/06/2023

City Real Estate

Co-Listed By

Calvin Luo

Compass License #02070754

Last Buyer's Agent

Raymond Ho

Sotheby's International Realty License #01903364

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.3

HOA Fees

  • $539 Monthly HOA Fees

Interior Spaces

  • 718 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Open Parking

Additional Features

  • East Facing Home
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 3570-060

Community Details

Overview

  • Association fees include common areas, elevator, insurance on structure, maintenance exterior, management, sewer, trash, water
  • 36 Units
  • 550 South Van Ness Homeowners Association
  • Mid-Rise Condominium

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1992 | Remodeled

Lot Details

0.3 Acres

HOA Fees

$539 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Mid-Rise (4-8)
  • Property Condition: Updated/Remodeled
  • Property Faces: East
  • Levels: One
  • Year Built: 1992
  • Special Features: None
  • Stories: 0

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Microwave
  • Bathroom Features: Stone, Tub w/Shower Over
  • Flooring: Carpet, Laminate
  • Kitchen Features: Stone Counter
  • Price Per Square Foot: 724.23
  • Square Footage: 718.00

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Attached, Enclosed, Interior Access
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Baseboard

Condo/Co-op/Association

  • Association Fee: 539
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Elevator, Insurance on Structure, Maintenance Exterior, Management, Sewer, Trash, Water

Association/Amenities

  • Association Name: 550 South Van Ness Homeowners Association

Lot Info

  • Assessor Parcel Number: 3570-060
  • Lot Size Acres: 0.3014
  • Lot Size Sq Ft: 13130.00
  • Lot Size Units: SqFt
  • Price Per Acre: 1725282.02

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 30, 2023
Sold by
Lai Chung Ho and Camino Nancy L
Bought by
Figueroa Joanna
Seller's Agent
Bradley Joe
City Real Estate
Buyer's Agent
Raymond Ho
Sotheby's International Realty
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Views
116
Current Estimated Value
$535,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,106
Avg. Annual Appreciation
1.25%
Original Mortgage
$460,000
Outstanding Balance
$452,779
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$82,327
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Figueroa Joanna -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Joanna $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $520,000 -5.3% $724 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
09/23/2023 09/23/23 Price Changed $549,000 -8.3% $765 / Sq Ft
09/06/2023 09/06/23 For Sale $599,000 -- $834 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $6,912 $530,400 $318,240 $212,160
2024 $6,912 $520,000 $312,000 $208,000
2023 $2,447 $203,924 $81,565 $122,359
2022 $2,402 $199,926 $79,966 $119,960
2021 $2,361 $196,007 $78,399 $117,608
2020 $2,367 $193,999 $77,596 $116,403
2019 $2,288 $190,196 $76,075 $114,121
2018 $2,213 $186,468 $74,584 $111,884
2017 $2,187 $182,813 $73,122 $109,691
2016 $2,125 $179,230 $71,689 $107,541
2015 $2,099 $176,539 $70,613 $105,926
2014 $2,044 $173,082 $69,230 $103,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423906953

San Francisco Association of REALTORS®

APN: 3570-060

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