NOT LISTED FOR SALE

Estimated Value: $1,376,908 - $1,723,000

8 Beds
6 Baths
4,235 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,505,000 $355 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,446/month

6 Days on Market

Highlights

  • Edwardian Architecture
  • 2 Car Attached Garage
  • Coin Laundry
  • Hoover (Herbert) Middle School Rated A-
  • Tile Flooring

About This Home

As of September 2023

Welcome to 62-66 Shotwell Street, one of two outstanding investment properties currently for sale on the same block! 62-66 Shotwell Street is the larger of the two properties and is configured as 3 units in the front building and a single, two-story 2BR + Office unit in the rear. There is a beautiful patio and garden area between the two buildings. One of the units in the front building, a 3BR/2BA full floor flat, is vacant and suitable for an owner's unit. One side-by-side parking space is also vacant in the garage below. An excellent opportunity for the new owner who is looking for significant upside opportunities!

Last Agent to Sell the Property

Steve Belluomini

Corcoran Icon Properties License #00818204 Listed on: 08/18/2023

Corcoran Icon Properties

Co-Listed By

Peter Goss

Corcoran Icon Properties License #01256858

Last Buyer's Agent

Igbinoghene Edebiri

Keller Williams License #02145259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,066

Year Built

  • 1906

Lot Details

  • 3,001 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Edwardian Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,235 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Listing and Financial Details

  • Total Actual Rent $109,883

Community Details

Building Details

  • 3 Leased Units
  • Gross Income $109,883

Additional Features

  • 4,235 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,066

Year Built

1906

Lot Details

0

Parking

2

Listing Details

  • Zoning: M1
  • Subclass: Fourplex
  • Style: Edwardian
  • Age: 117
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4235
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Living Sq Ft: 4235
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0689
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.90
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 109883.00
  • Income Annual Rental: 109883
  • Income Gross Scheduled: 109883
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Other, Separate Water
  • Number Of Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 28, 2023
Sold by
David R Johnson 1995 Revocable Trust
Bought by
Chandra Kinitaa and Pryimak Oleksandr
Seller's Agent
Steve Belluomini
Corcoran Icon Properties
Buyer's Agent
Igbinoghene Edebiri
Keller Williams
List Price
$1,198,000
Sold Price
$1,505,000
Premium/Discount to List
$307,000
25.63%
Views
26
Current Estimated Value
$1,513,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,977
Avg. Annual Appreciation
0.29%
Original Mortgage
$1,128,750
Outstanding Balance
$1,106,428
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$407,549

Purchase Details

Closed on
Oct 25, 2006
Sold by
Johnson David R
Bought by
Johnson David R

Purchase Details

Closed on
Feb 8, 2005
Sold by
Johnson David R
Bought by
Johnson David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 1999
Sold by
Tang Chen Ri and Tang Shirley
Bought by
Johnson David R

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
7.37%
Mortgage Type
Commercial
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
Chandra Kinitaa $1,505,000 Fidelity National Title Compan
Johnson David R -- None Available
Johnson David R -- --
Johnson David R -- Fidelity National Title Co
Johnson David R $600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandra Kinitaa $1,128,750
Previous Owner Johnson David R $428,000
Previous Owner Johnson David R $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $1,505,000 +25.6% $355 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,198,000 -- $283 / Sq Ft
Source: MLSListings

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 $18,066 $1,535,100 $1,074,570 $460,530
2024 $18,066 $1,456,560 $1,165,248 $291,312
2023 $11,325 $886,361 $369,315 $517,046
2022 $11,088 $868,982 $362,074 $506,908
2021 $10,892 $851,944 $354,975 $496,969
2020 $11,100 $843,210 $351,336 $491,874
2019 $12,782 $826,678 $344,448 $482,230
2018 $10,363 $810,470 $337,695 $472,775
2017 $9,946 $794,579 $331,074 $463,505
2016 $9,762 $779,000 $324,583 $454,417
2015 $9,634 $767,300 $319,708 $447,592
2014 $9,384 $752,271 $313,446 $438,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81939049

MLSListings

APN: 3549-060