NOT LISTED FOR SALE

Estimated Value: $1,652,000 - $2,867,074

4 Beds
2 Baths
2,448 Sq Ft
$867/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2019

Last sale price $1,300,000 $531 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,418 / mo

130 Days on Market

About This Home

As of June 2019

618-620 25th avenue is a stunning Duplex located in the thriving Richmond District of San Francisco, California. Situated on 2,500 square feet of land, the subject property was originally constructed in 1946 and has a gross livable area of 2,448 total square feet, offering its tenants quality two-bedroom apartments to call home. The unit mix consists of (2) two-bedroom/one-bathroom units. Residents of 618-620 25th Avenue enjoy convenient access to major employers, prestigious academic institutions, shopping, dining, and transportation. Walking distance from the subject property are convenient shopping and dining options for endless enjoyment.

Last Agent to Sell the Property

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 01/23/2019

Co-Listed By

Adam Levin

Marcus & Millichap License #01462752

Last Buyer's Agent

Steven Mavromihalis

Compass License #00888824

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • 3,533 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,240

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,435
  • Maintenance Expense $1,000
  • Other Expense $258
  • Operating Expense $21,321
  • Gross Income $45,240

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

3,533 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RH2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2448
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Living Sq Ft: 2448
  • Stories: 2

Exterior Features

  • Foundation: Wood Frame
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.0811
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3532.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3532.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 33.71
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1435
  • Expense Maintenance: 1000
  • Expenses Other: 258
  • Expenses Total: 21321
  • Income Annual Gross: 45240.00
  • Income Annual Rental: 45240
  • Income Gross Scheduled: 45240
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Miscellaneous/Other
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Bought by
Current Estimated Value
$2,121,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Outstanding Balance
$1,012,994
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,108,275

Purchase Details

Listed on
Jan 23, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Robert Johnston
Marcus & Millichap
Buyer's Agent
Steven Mavromihalis
Compass
List Price
$1,525,000
Sold Price
$1,300,000
Premium/Discount to List
-$225,000
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$780,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$1,300,000 Fidelity Title Co Concord
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,162,500
Previous Owner $780,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $1,300,000 -14.8% $531 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $1,525,000 -- $623 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,848 $1,677,766 $1,174,438 $503,328
2024 $20,108 $1,644,870 $1,151,410 $493,460
2023 $19,713 $1,612,620 $1,128,834 $483,786
2022 $19,323 $1,581,000 $1,106,700 $474,300
2021 $18,981 $1,550,000 $1,085,000 $465,000
2020 $16,836 $1,326,000 $928,200 $397,800
2019 $2,221 $109,855 $49,440 $60,415
2018 $2,145 $107,704 $48,472 $59,232
2017 $1,824 $105,595 $47,523 $58,072
2016 $1,757 $103,528 $46,593 $56,935
2015 $1,729 $101,977 $45,895 $56,082
2014 $1,688 $99,983 $44,998 $54,985
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81736297

MLSListings

APN: 1567-030

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