NOT LISTED FOR SALE

Estimated Value: $1,457,000 - $2,722,254

7 Beds
5 Baths
4,037 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $1,295,000 $321 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,752/month

23 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating System
  • Carpet
  • Lafayette Elementary School Rated A
  • Level Lot

About This Home

As of February 2013

Duplex. 3 bedrooms 2 bath each unit plus an apartment. Originally built in 1914, REBUILT IN 1995 FROM GROUND UP. COULD FIT 3 SMALL CARS. TWO UPPER UNITS ARE VACANT ON SUPRA. FRESHLY PAINTED EXTERIOR, LOWER UNIT PAINTED INTERIOR.Colse to cafes/restaurants.Bus Lines #31 & 38 Lower apartment rents for $1,200 month/month. Apartment by appointment only, do not disturb them at all without appointment!!!

Last Agent to Sell the Property

Roger Perez

Corcoran Icon Properties License #00997282 Listed on: 12/28/2012

Corcoran Icon Properties

Last Buyer's Agent

Manuela Tang

Victory Realty Co. License #00515366

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,104

Year Built

  • 1914

Lot Details

  • Level Lot

Parking

  • Covered Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 4,037 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $14,400
  • The owner pays for garbage

Community Details

Overview

  • 4,037 Sq Ft Building

Building Details

  • Insurance Expense $3,500
  • Trash Expense $1,200
  • Operating Expense $9,645
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,104

Year Built

1914

Lot Details

0

Listing Details

  • Zoning: RH2
  • Subclass: Duplex
  • Age: 99
  • Sale Price Per Sq Ft: 320.78
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 4037
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit
  • Living Sq Ft: 4037
  • Stories: 3
  • Laundry: In Garage, In Some Units
  • Flooring: Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

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

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3000.00
  • Lot Size Area Min Search: 3000.00
  • Maximum Lot Size: 3000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 92.01

Multi Family

  • Expense Insurance: 3500
  • Expenses Total: 9645
  • Expense Trash: 1200
  • Income Annual Gross: 14400.00
  • Income Annual Rental: 14400
  • Income Gross Scheduled: 14400
  • Income Includes: Lease
  • Maximum Building Height: 3
  • Meters: Separate Electric
  • Minimum Building Height: 3
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal
  • Owner Pays: Garbage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Apr 3, 2013
Sold by
Tam Chun K and Tam Kimberly
Bought by
Tam Chun K and Tam Kimberly
Seller's Agent
Roger Perez
Corcoran Icon Properties
Buyer's Agent
Manuela Tang
Victory Realty Co.
List Price
$1,325,000
Sold Price
$1,295,000
Premium/Discount to List
-$30,000
-2.26%
Current Estimated Value
$2,052,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,314
Avg. Annual Appreciation
3.75%
Original Mortgage
$780,000
Outstanding Balance
$163,762
Interest Rate
3.36%
Mortgage Type
Commercial
Estimated Equity
$1,888,552

Purchase Details

Listed on
Dec 28, 2012
Closed on
Feb 19, 2013
Sold by
Lee Lisa
Bought by
Tam Chun and Tam Kimberly
Seller's Agent
Roger Perez
Corcoran Icon Properties
Buyer's Agent
Manuela Tang
Victory Realty Co.
List Price
$1,325,000
Sold Price
$1,295,000
Premium/Discount to List
-$30,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$163,762
Interest Rate
3.36%
Mortgage Type
Commercial
Estimated Equity
$1,888,552

Purchase Details

Closed on
Jun 16, 2000
Sold by
Sun Lee Wing and Lan Ching
Bought by
Lee Wing Sun and Lee Ching Lan

Purchase Details

Closed on
Nov 29, 1999
Sold by
Lee Lawrence Y C
Bought by
Lee Lawrence Y C

Purchase Details

Closed on
Jun 23, 1994
Sold by
Lee Wing Sun and Lee Ching Lan
Bought by
Lee Wing Sun and Lee Ching Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.6%
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
Tam Chun K -- None Available
Tam Chun $1,295,000 Fidelity National Title Co
Lee Wing Sun -- --
Lee Lawrence Y C -- Fidelity National Title Co
Lee Wing Sun -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Chun $780,000
Previous Owner Lee Lambert Yuk Lam $275,000
Previous Owner Lee Wing Sun $236,000
Previous Owner Lee Wing Sun $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $1,295,000 -2.3% $321 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $1,325,000 -- $328 / 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 $19,104 $1,594,688 $1,116,284 $478,404
2024 $19,104 $1,563,421 $1,094,397 $469,024
2023 $18,817 $1,532,767 $1,072,939 $459,828
2022 $18,461 $1,502,713 $1,051,901 $450,812
2021 $18,135 $1,473,249 $1,031,276 $441,973
2020 $18,265 $1,458,144 $1,020,702 $437,442
2019 $17,641 $1,429,554 $1,000,689 $428,865
2018 $17,043 $1,401,524 $981,068 $420,456
2017 $16,545 $1,374,044 $961,832 $412,212
2016 $16,277 $1,347,103 $942,973 $404,130
2015 $16,074 $1,326,869 $928,809 $398,060
2014 $15,650 $1,300,878 $910,615 $390,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81243828

MLSListings

APN: 1583-030