NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,015,000

2 Beds
2 Baths
1,190 Sq Ft
$720/mo HOA Fee

Last Sold September 13, 2022

Last sale price $1,025,000 $861 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,129/month

39 Days on Market

Highlights

  • Views of Twin Peaks
  • 4-minute walk to San Francisco 4Th & King
  • 1.45 Acre Lot
  • Fitness Center
  • New Construction
  • Clubhouse

About This Home

As of September 2022

This elegant 2 bed/2 bath condo is an open-plan oasis in vibrant South Beach. The freshly painted corner unit features refinished hardwood floors brought to a rich glow by the natural light that flows in through floor-to-ceiling windows facing south and west. The spacious living/dining area includes a roomy kitchen fitted with Studio Becker cabinetry with a large, Quartz clad breakfast bar. Just off the dining area is a walk-out terrace that's perfect for morning coffee. The expansive primary bedroom offers significant closet space and a large ensuite bath. A second bathroom in the hallway serves the second bedroom and guests. In the front entry, you'll find a large coat closet with additional storage space and a newer washer and dryer. The home comes with deeded parking in the building's secure garage. The Palms offers a club lounge, gym, private movie theater, concierge, conference center, 24-hour front desk and security, and a landscaped courtyard. 96 Walk Score!

Last Agent to Sell the Property

Alex Shvartsman

Compass License #01362036 Listed on: 07/07/2022

Compass

Last Buyer's Agent

Ron Salter

Compass License #01989381

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,050

Lot Details

  • Southwest Facing Home

HOA Fees

  • $720 Monthly HOA Fees

Home Design

  • New Construction
  • Modern Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 1,190 Sq Ft Home
  • Wood Flooring
  • Views of Twin Peaks
  • Quartz Countertops

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener

Listing and Financial Details

  • Assessor Parcel Number 3776-191

Community Details

Overview

  • Association fees include common areas, door person, elevator, insurance, insurance on structure, maintenance exterior, ground maintenance, management, roof, trash, water
  • 300 Units
  • The Palms Homeowners Association
  • Mid-Rise Condominium

Amenities

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,050

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Mid-Rise (4-8)
  • Architectural Style: Modern/High Tech
  • Property Condition: New Construction
  • Property Faces: Southwest
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 5
  • Flooring: Wood
  • Kitchen Features: Quartz Counter
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Included
  • Price Per Square Foot: 861.34
  • Square Footage: 1190.00

Exterior Features

  • View: Twin Peaks

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Enclosed, Garage Door Opener, Interior Access
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 1.00

Association/Amenities

  • Association Features: Clubhouse, Gym
  • Association Name: The Palms Homeowners Association

Condo/Co-op/Association

  • Unit: 417
  • Association Fee: 720
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Door Person, Elevator, Insurance, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Roof, Trash, Water

Lot Info

  • Assessor Parcel Number: 3776-191
  • Lot Size Acres: 1.4517
  • Lot Size Sq Ft: 63237.00
  • Lot Size Units: SqFt
  • Price Per Acre: 706068.75

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Dorf Lu Family Trust
Bought by
Abtcn5 Series Llc
Current Estimated Value
$976,528

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 8, 2022
Sold by
Dorf Lu Family Trust
Bought by
Abtcn5 Series Llc
Seller's Agent
Alex Shvartsman
Compass
Buyer's Agent
Ron Salter
Compass
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$666,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2021
Sold by
Dorf Barry
Bought by
Dorf Barry and Lu Ying

Purchase Details

Closed on
Jun 20, 2006
Sold by
555 Fourth Street Associates Llc
Bought by
Dorf Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abtcn5 Series Llc -- Old Republic Title
Abtcn5 Series Llc $1,025,000 Old Republic Title
Dorf Barry -- None Available
Dorf Barry $849,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abtcn5 Series Llc $666,250
Previous Owner Dorf Barry $373,000
Previous Owner Dorf Barry $384,800
Previous Owner Dorf Barry $397,780
Previous Owner Dorf Barry $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $1,025,000 -6.7% $861 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,099,000 -- $924 / 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 $13,050 $1,066,408 $639,845 $426,563
2024 $13,050 $1,045,500 $627,300 $418,200
2023 $12,845 $1,093,292 $546,646 $546,646
2022 $13,302 $1,071,856 $535,928 $535,928
2021 $13,064 $1,050,840 $525,420 $525,420
2020 $13,128 $1,040,066 $520,033 $520,033
2019 $12,678 $1,019,674 $509,837 $509,837
2018 $12,250 $999,682 $499,841 $499,841
2017 $11,806 $980,082 $490,041 $490,041
2016 $11,607 $960,866 $480,433 $480,433
2015 $11,462 $946,434 $473,217 $473,217
2014 $11,159 $927,896 $463,948 $463,948
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422675157

San Francisco Association of REALTORS® MLS

APN: 3776-191