NOT LISTED FOR SALE
-- Bed
2 Baths
1,516 Sq Ft
2,495 Sq Ft Lot

Last Sold May 02, 2016

Last sale price $1,450,000 $956 Per Sq Ft

24 Days on Market

About This Home

As of May 2016

Best Retail Location! Store & Restaurant! High Foot Traffic! In San Francisco, Inner Richmond District. 637-639 Clement in the best block of the Clement Street Commercial Area One story building, occupied full lot: 25 x 100 * Very high foot traffic! * High Ceiling! 1. 637 Clement: A Retail Store 2. 639 Clement: Well established King of Thai Restaurant (approximately 25 years) Full Lot: 25 x 100 fully built Owner May Carry A First Loan. Owner prefers to sell this property together with 645-647 Clement.

Last Agent to Sell the Property

Kenneth Chiu

Sincere Realty License #00943634 Listed on: 04/08/2016

Last Buyer's Agent

Brian Leung

Compass Commercial License #01203473

Compass Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,104

Year Built

  • Built in 1911

Lot Details

  • 2,495 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

  • 1,516 Sq Ft Home
  • Duplex
  • Wood Siding

Utilities

  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 1439040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,104

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1911
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 956.46
  • Square Footage: 1516.00

Exterior Features

  • Construction Materials: Wood Siding

Lot Info

  • Assessor Parcel Number: 1439040
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0573
  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2495.00
  • Lot Size Units: SqFt
  • Price Per Acre: 25305410.12
  • Zoning: INCLEM

Rental Info

  • Lease Term: LSM1,SCDP,YRLS
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 19.18
  • Separate Meters: Electricity, Gas, Water

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Apr 20, 2016
Sold by
Kwok Samuel Ling K and Ly Binh Kiet
Bought by
Larizadeh Mahmoud and Mahmoud Larizadeh Revocable Li
Seller's Agent
Kenneth Chiu
Sincere Realty
Buyer's Agent
Brian Leung
Compass Commercial
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$155,169
Interest Rate
3.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 2002
Sold by
Rosenberg Norman V and Rosenberg Doris B
Bought by
Kwok Samuel Ling K and Ly Binh Kiet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.05%
Mortgage Type
Commercial
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
Larizadeh Mahmoud $3,900,000 Fidelity National Title Co
Kwok Samuel Ling K $1,700,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larizadeh Mahmoud $195,000
Previous Owner Kwok Samuel Ling K $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $1,450,000 0.0% $956 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $1,450,000 -- $956 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $17,104 $1,420,549 $852,331 $568,218
2024 $17,104 $1,392,696 $835,619 $557,077
2023 $16,846 $1,365,389 $819,235 $546,154
2022 $16,525 $1,338,618 $803,172 $535,446
2021 $16,232 $1,312,372 $787,424 $524,948
2020 $16,307 $1,298,916 $779,350 $519,566
2019 $15,748 $1,273,448 $764,069 $509,379
2018 $15,218 $1,248,480 $749,088 $499,392
2017 $7,706 $623,944 $374,370 $249,574
2016 $7,565 $611,712 $367,030 $244,682
2015 $7,471 $602,526 $361,518 $241,008
2014 $7,275 $590,726 $354,438 $236,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 444190

San Francisco Association of REALTORS®

APN: 1439-040