NOT LISTED FOR SALE

622 Connecticut St Unit 626 San Francisco, CA 94107

Potrero Neighborhood

Estimated Value: $1,553,000 - $2,888,000

-- Bed
3 Baths
3,729 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $1,479,000 $397 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,890/month

126 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-minute walk to Potrero Hill Playground
  • Thomas Starr King Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2014

Priced to sell & room to renovate! A rare find in Portero Hill--a triplex in one of the most desirable neighborhoods. This 3 story triplex has a two 2 bed, 1 bath units & one 3 bed, 2 baths unit. The lower unit has been completely remodeled with granite counters in kitchen, bamboo flooring, new appliances, tile in bath. Close to freeways, grocery, cafes & restaurants.

Last Agent to Sell the Property

Sharon Wong

Modern Broker, Inc License #01487083 Listed on: 09/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,146

Year Built

  • 1904

Lot Details

  • 2,483

Parking

  • No Garage

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 3,729 Sq Ft Home
  • 3-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $96,540

Community Details

Overview

  • 3,729 Sq Ft Building

Building Details

  • Insurance Expense $4,116
  • Maintenance Expense $500
  • Operating Expense $9,506
  • Gross Income $96,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,146

Year Built

1904

Lot Details

0

Listing Details

  • Zoning: RH-2
  • Subclass: Triplex
  • Age: 110
  • Sale Price Per Sq Ft: 396.62
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 3729
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1904

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3729
  • Stories: 3
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Concrete
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2509.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2509.00
  • Lot Size Area Min Search: 2509.00
  • Maximum Lot Size: 2509.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.15

Multi Family

  • Expense Insurance: 4116
  • Expense Maintenance: 500
  • Expenses Total: 9506
  • Expense Water Sewer: 2854
  • Income Annual Gross: 96540.00
  • Income Annual Rental: 96540
  • Income Gross Scheduled: 96540
  • Income Includes: Lease
  • Maximum Building Height: 3
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 3
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Supplies, Utilities - Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
Apr 11, 2014
Sold by
Lovell Suzanne
Bought by
Rossiter William
Seller's Agent
Sharon Wong
Modern Broker, Inc
List Price
$1,675,000
Sold Price
$1,479,000
Premium/Discount to List
-$196,000
-11.7%
Current Estimated Value
$2,099,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,465
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,035,300
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2013
Closed on
Feb 14, 2014
Sold by
Stein Richard
Bought by
Lovell Suzanne
Seller's Agent
Sharon Wong
Modern Broker, Inc
List Price
$1,675,000
Sold Price
$1,479,000
Premium/Discount to List
-$196,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,300
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2013
Closed on
Feb 10, 2014
Sold by
Robinson Louis Quoignez
Bought by
Rossiter William and Lovell Suzanne
Seller's Agent
Sharon Wong
Modern Broker, Inc
List Price
$1,675,000
Sold Price
$1,479,000
Premium/Discount to List
-$196,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,300
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2005
Sold by
Stark Dewey
Bought by
Robinson Louis Quoignez

Purchase Details

Closed on
Feb 16, 2001
Sold by
White Kristin A Trustee
Bought by
Stark Charles Dewey
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rossiter William -- None Available
Lovell Suzanne -- First American Title Company
Rossiter William $1,479,000 First American Title Company
Robinson Louis Quoignez -- --
Stark Charles Dewey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossiter William $1,035,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2014 03/04/14 Sold $1,479,000 -11.7% $397 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,675,000 -- $449 / 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 $22,146 $1,813,026 $1,269,124 $543,902
2024 $22,146 $1,777,478 $1,244,240 $533,238
2023 $21,684 $1,742,628 $1,219,844 $522,784
2022 $21,234 $1,708,460 $1,195,926 $512,534
2021 $20,866 $1,674,964 $1,172,478 $502,486
2020 $21,104 $1,657,790 $1,160,456 $497,334
2019 $20,396 $1,625,286 $1,137,702 $487,584
2018 $19,710 $1,593,420 $1,115,396 $478,024
2017 $19,185 $1,562,178 $1,093,526 $468,652
2016 $18,876 $1,531,550 $1,072,086 $459,464
2015 $18,640 $1,508,548 $1,055,984 $452,564
2014 $2,188 $119,073 $38,427 $80,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81333501

MLSListings

APN: 4099-017