$1,388,000
SOLD FEB 21, 2025
3 Beds
2.5 Baths
1,703 Sq Ft
$758/mo HOA Fee

Recently Sold

$815 Per Sq Ft

1% Below List Price

40 Days on Market

Highlights

  • Views of San Francisco
  • Rooftop Deck
  • 0.39 Acre Lot
  • Daniel Webster Elementary School Rated 9+
  • Sitting Area In Primary Bedroom
  • Wood Flooring

About This Home

As of February 2025

Industrial chic meets modern living in this historic two-level live/work conversion loft with fantastic downtown city views. Situated on a quiet, magnolia-lined street in the heart of SOMA, this dramatic residence boasts 3 bedrooms and 2.5 bathrooms with great city views. The entry opens to a voluminous great room living/dining space with gorgeous hardwood floors, a wall of windows and opens to a spacious, deeded terrace with downtown city views. Kitchen offers stainless appliances including BlueStar range with Zephyr hood, Liebherr refrigerator and Miele dishwasher, custom marble counter and abundant cabinetry. 2 bright bedrooms, one ensuite, both with access to a spacious second deck with city views ideal for large scale entertaining, a updated bath with soaking tub with shower, and laundry closet complete this level. The expansive upper-level primary suite includes new carpet, a wall of windows with city views, a large luxury bathroom with custom tile walk-in shower, and large walk-in closet. Secure building entry with elevator and 2 car garage parking. Ideal SOMA location close to parks, restaurants, and neighborhood cafes. Easy access to shopping, downtown, Yerba Buena Park, and Civic Center, public transportation, and freeways. Photos from previous listing may be altered

Last Agent to Sell the Property

Mike Shaw

Vanguard Properties License #01228428 Listed on: 01/09/2025

Vanguard Properties

Co-Listed By

Bernard Katzmann

Vanguard Properties License #00984739

Last Buyer's Agent

Joseph Hayden

Harper Real Estate License #02107436

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,691

Year Built

  • Built in 2002 | Remodeled

HOA Fees

  • $758 Monthly HOA Fees

Property Views

  • San Francisco
  • Downtown

Home Design

  • Modern Architecture

Interior Spaces

  • 1,703 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Formal Dining Room

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Car Attached Garage
  • Enclosed Parking
  • Alley Access
  • Side by Side Parking
  • Garage Door Opener
  • Open Parking
  • Parking Fee
  • $109 Parking Fee

Outdoor Features

  • Rooftop Deck

Utilities

  • Radiant Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3730-225

Community Details

Overview

  • Association fees include insurance, insurance on structure, maintenance exterior, ground maintenance, trash, water
  • 37 Units
  • 60 Rausch Street Homeowners Association
  • Mid-Rise Condominium
  • The community has rules related to allowing live work

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,691

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$758 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached, Live/Work, Loft, Luxury, Mid-Rise (4-8), Modified
  • Architectural Style: Conversion, Modern/High Tech, Other, See Remarks
  • Property Condition: Updated/Remodeled
  • Levels: Two
  • Remodeled/Updated: Yes
  • Year Built: 2002
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Master Bathroom Features: Double Sinks, Shower Stall(s), Skylight/Solar Tube, Stone, Tile
  • Master Bedroom Features: Closet, Sitting Area, Walk-In Closet
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Formal Area
  • Living Room Features: Deck Attached, Great Room, View
  • Number Of Rooms: 5
  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Wine Refrigerator
  • Bathroom Features: Tile, Tub w/Shower Over
  • Flooring: Carpet, Concrete, Wood
  • Interior Amenities: Formal Entry, Skylight(s)
  • Kitchen Features: Marble Counter
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Included
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Partial Bath(s)
  • Price Per Square Foot: 815.03
  • Square Footage: 1703.00

Exterior Features

  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Patio And Porch Features: Uncovered Deck
  • View: City, City Lights, Downtown, San Francisco

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Alley Access, Attached, Enclosed, Garage Door Opener, Interior Access, Side-by-Side
  • Parking Fee: 109
  • Parking Fees: Yes
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Radiant
  • Security Features: Carbon Mon Detector, Fire Alarm, Fire Suppression System, Secured Access
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Unit: 401
  • Association Fee: 758
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Trash, Water

Association/Amenities

  • Association Name: 60 Rausch Street Homeowners Association

Lot Info

  • Assessor Parcel Number: 3730-225
  • Lot Size Acres: 0.3865
  • Lot Size Sq Ft: 16836.00
  • Lot Size Units: SqFt
  • Price Per Acre: 3591203.10

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes

Multi Family

  • Number Of Units: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 19, 2025
Sold by
Jeffrey Ferro Revocable Trust and Ferro Jeffrey P
Bought by
Edwards Leah and Tobin Brendan
Seller's Agent
Mike Shaw
Vanguard Properties
Buyer's Agent
Joseph Hayden
Harper Real Estate
List Price
$1,395,000
Sold Price
$1,388,000
Premium/Discount to List
-$7,000
-0.5%
Views
29
Current Estimated Value
$1,489,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,698
Avg. Annual Appreciation
13.72%
Original Mortgage
$1,110,400
Outstanding Balance
$1,104,782
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$384,916

Purchase Details

Closed on
Apr 23, 2024
Sold by
Ferro Jeffrey Patrick
Bought by
Jeffrey Ferro Revocable Trust and Ferro

Purchase Details

Closed on
Dec 1, 2015
Sold by
Larson John D and Larson Leslye E
Bought by
Ferro Jeffrey Patrick and Bennett Michael R

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
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2013
Sold by
Larson John D and Larson Leslye E
Bought by
Larson John D and Larson Leslye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2003
Sold by
60 Rausch Llc
Bought by
Larson John D and Russell Leslye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
5.12%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Wfg National Title Insurance C
Deed -- None Listed On Document
Grant Deed $1,875,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $710,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,110,400 New Conventional
Previous Owner $1,388,200 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $464,000 New Conventional
Previous Owner $108,000 Credit Line Revolving
Previous Owner $36,000 Credit Line Revolving
Previous Owner $532,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,388,000 -0.5% $815 / Sq Ft
01/09/2025 01/09/25 For Sale $1,395,000 -- $819 / 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 $24,691 $2,047,455 $1,172,441 $875,014
2024 $24,691 $2,007,311 $1,149,453 $857,858
2023 $24,303 $1,967,954 $1,126,916 $841,038
2022 $25,757 $2,091,590 $1,254,954 $836,636
2021 $25,288 $2,050,580 $1,230,348 $820,232
2020 $25,380 $2,029,555 $1,217,733 $811,822
2019 $24,510 $1,989,762 $1,193,857 $795,905
2018 $23,386 $1,950,749 $1,170,449 $780,300
2017 $22,812 $1,912,500 $1,147,500 $765,000
2016 $22,462 $1,875,000 $1,125,000 $750,000
2015 $10,464 $855,604 $427,802 $427,802
2014 $10,189 $838,844 $419,422 $419,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425000919

San Francisco Association of REALTORS® MLS

APN: 3730-225