NOT LISTED FOR SALE

556 40th Ave San Francisco, CA 94121

Outer Richmond Neighborhood

Estimated Value: $1,252,000 - $1,473,635

3 Beds
2.5 Baths
1,782 Sq Ft
$300/mo HOA Fee

Last Sold April 04, 2024

Last sale price $1,400,000 $786 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,785/month

6 Days on Market

Highlights

  • Enclosed Patio or Porch
  • 1 Car Attached Garage
  • Laundry closet
  • Lafayette Elementary School Rated A
  • Low Maintenance Yard
  • Stacked Washer and Dryer

About This Home

As of April 2024

Single Family Alternative w/ Ultimate Easy Living at the Beach! Fabulous + spacious beach retreat atop tree lined st,positioned b/w Established Outer Richmond, Sutro Heights + Seacliff, but w/maximum convenience- JUST 2 blocks to Popular Balboa Village! Start your morning w/ a surf/bike/run/walk to the beach, GG Park, Lands End Trails, museums, golf courses. At night,walk stepsto popular Balboa Village for dinner + a flick at the iconic Balboa Theater- playing cult classics w/beverages (also various resto/parklets/wellness/cafes). Some of the best simple pleasures outside your doorstep, incl Outer Sunset + Clement mins away. Expansive home has newer systems & functionality; simply move right in, w/out all the additional costs to do these upgrades yourself $$.Open floor plan w/ fireplace + sun patio off living spaces. Sun drenched windows in every room.Quiet back bedrooms, both en-suite.Primary Bd has massive closets, spa-like bath featuring dual vanity, jacuzzi + shower. Downstairs enjoy the grand scale family/media room, plus 3rd bedroom.Exclusive backyard!!!! Soak the sun, or take in the fresh coastal air. Secured storage, easygarage parking, in unit w/d. This is for a single family home buyer who wants something newer that they can just move right into. Must see!

Last Agent to Sell the Property

Ciara Piron

Compass License #01494475 Listed on: 03/08/2024

Compass

Last Buyer's Agent

Steven Minchen

Compass License #01367542

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,159

Year Built

  • Built in 2000

Lot Details

  • 2,962

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Open Parking
  • Assigned Parking

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dishwasher

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Enclosed Patio or Porch
  • Low Maintenance Yard

Community Details

  • Association fees include common areas, insurance, sewer, trash, water
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1505-046

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,159

Year Built

Built in 2000

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Full
  • Levels: Two
  • Year Built: 2000
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room
  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher
  • Laundry Features: Dryer Included, Laundry Closet, Washer/Dryer Stacked Included
  • Price Per Square Foot: 785.63
  • Square Footage: 1782.00

Exterior Features

  • Patio And Porch Features: Enclosed Patio

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Insurance, Sewer, Trash, Water

Lot Info

  • Assessor Parcel Number: 1505-046
  • Lot Features: Garden, Low Maintenance
  • Lot Size Acres: 0.0680
  • Lot Size Sq Ft: 2964.00
  • Lot Size Units: SqFt
  • Price Per Acre: 20588235.29

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 29, 2024
Sold by
Pennekamp Nancy and Cumming John
Bought by
Balko Kevin J and Balko Melis Hazar
Seller's Agent
Ciara Piron
Compass
Buyer's Agent
Steven Minchen
Compass
List Price
$1,320,000
Sold Price
$1,400,000
Premium/Discount to List
$80,000
6.06%
Views
66
Current Estimated Value
$1,373,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,091
Avg. Annual Appreciation
-1.33%
Original Mortgage
$1,190,000
Outstanding Balance
$1,173,377
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$200,532

Purchase Details

Closed on
Feb 26, 2023
Sold by
Kenneth Martin Hutchinson Revocable Trus
Bought by
Pennekamp Nancy and Cumming John

Purchase Details

Closed on
May 8, 2002
Sold by
Patti Gregory
Bought by
Cumming John and Pennekamp Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
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
Balko Kevin J $1,400,000 Wfg National Title Insurance C
Pennekamp Nancy -- None Listed On Document
Cumming John $675,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balko Kevin J $1,190,000
Previous Owner Cumming John $822,375
Previous Owner Cumming John $690,000
Previous Owner Cumming John $436,000
Previous Owner Cumming John $450,000
Previous Owner Patti Gregory $531,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $1,400,000 +6.1% $786 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,320,000 -- $741 / 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 $12,159 $997,134 $598,286 $398,848
2024 $12,159 $977,584 $586,556 $391,028
2023 $11,971 $958,418 $575,056 $383,362
2022 $11,735 $939,628 $563,782 $375,846
2021 $11,524 $921,206 $552,728 $368,478
2020 $11,583 $911,762 $547,062 $364,700
2019 $11,187 $893,886 $536,336 $357,550
2018 $10,809 $876,360 $525,820 $350,540
2017 $10,382 $859,178 $515,510 $343,668
2016 $10,202 $842,332 $505,402 $336,930
2015 $10,074 $829,682 $497,812 $331,870
2014 $9,808 $813,432 $488,062 $325,370
Source: Public Records

Agents Affiliated with this Home

  • Ciara Piron

    Seller's Agent in 2024

    Ciara Piron

    Compass

    (415) 345-3000

    6 in this area

    30 Total Sales

    Ciara Piron
    Section Image
  • Steven Minchen

    Buyer's Agent in 2024

    Steven Minchen

    Compass

    (415) 690-0352

    1 in this area

    50 Total Sales

    Steven Minchen
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424013798

San Francisco Association of REALTORS® MLS

APN: 1505-046

California San Francisco County San Francisco 94121 Outer Richmond

556 40th Ave, San Francisco, CA

This home is located at 556 40th Ave, San Francisco, CA 94121 since 08 March 2024 and is currently estimated at $1,373,909, approximately $770 per square foot. This property was built in 2000. 556 40th Ave is a home located in San Francisco County with nearby schools including Lafayette Elementary School, Presidio Middle School, and St. Thomas The Apostle 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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