NOT LISTED FOR SALE

721 Commercial Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,743,000 - $2,864,360

8 Beds
6 Baths
3,590 Sq Ft
$608/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $2,252,000 $627 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,281/month

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 2-minute walk to Orange Memorial Park
  • South San Francisco High School Rated A-

About This Home

As of May 2018

Exquisite South San Francisco Newly constructed Duplex! Welcome to 721-723 Commercial Avenue South San Francisco. This newly constructed craftsman duplex offers excellent value on the San Francisco Peninsula with convenience to both Silicon Valley and San Francisco. With views of the iconic South San Francisco Hillside sign on the San Bruno Mountain, this duplex has impeccable finishes and ready to move into. A large living and dining room combination with bay windows makes for a cozy living and entertainment space. Each unit is approximately 1795 square feet featuring 4 bedrooms and 3 full bathrooms. Outside space featuring private yards with ample room for gardening, play, and entertainment. With only 2 blocks from Orange Park, minutes from the bio tech industry, and close proximity to both 101 and 280 makes this wonderful location so very convenient. Come and View this amazing real estate opportunity!

Last Agent to Sell the Property

Jill Penna

Coldwell Banker Realty License #01895080 Listed on: 04/12/2018

Coldwell Banker Realty

Co-Listed By

Tony Alejandre

Coldwell Banker Realty License #01399197

Last Buyer's Agent

Jill Penna

Coldwell Banker Realty License #01895080 Listed on: 04/12/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,689

Year Built

  • 2018

Lot Details

  • 7,000

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,590 Sq Ft Home
  • Wood Flooring

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating System

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,689

Year Built

2018

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3590
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2018

Interior Features

  • Living Sq Ft: 3590
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 4, 2018
Sold by
Lynch Bryan and Lynch William
Bought by
Parujanwala Neville H and Parujanwala Maria Cabrera
Seller's Agent
Jill Penna
Coldwell Banker Realty
Buyer's Agent
Jill Penna
Coldwell Banker Realty
List Price
$1,998,000
Sold Price
$2,252,000
Premium/Discount to List
$254,000
12.71%
Current Estimated Value
$2,182,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,910
Avg. Annual Appreciation
-0.43%
Original Mortgage
$1,801,600
Outstanding Balance
$1,552,572
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$629,518

Purchase Details

Closed on
Sep 13, 2016
Sold by
Schumacker Beverly and Schumacker Arthur Paul
Bought by
Comm Orange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,625
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2010
Sold by
Mantegani Humbert A and Mantegani Humbert
Bought by
Mantegani Humbert A and 2010 Humbert A Mantegani Trust
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
Parujanwala Neville H $2,252,000 Old Republic Title Co
Comm Orange Llc $1,730,000 North American Title Co Inc
Mantegani Humbert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parujanwala Neville H $165,000
Open Parujanwala Neville H $1,801,600
Previous Owner Comm Orange Llc $1,472,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $2,252,000 +12.7% $627 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $1,998,000 -- $557 / 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 $28,689 $2,562,386 $910,261 $1,652,125
2023 $28,689 $2,462,887 $874,915 $1,587,972
2022 $26,641 $2,414,596 $857,760 $1,556,836
2021 $26,301 $2,367,252 $840,942 $1,526,310
2020 $25,981 $2,342,980 $832,320 $1,510,660
2019 $25,687 $2,297,040 $816,000 $1,481,040
2018 $17,028 $1,602,000 $714,000 $888,000
2017 $6,144 $577,000 $577,000 $0
2016 $6,508 $606,104 $606,104 $0
2015 $231 $20,216 $20,216 $0
2014 $226 $19,820 $19,820 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jill Penna

    Coldwell Banker Realty

    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Tony Alejandre

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81700378

MLSListings

APN: 014-022-500

California San Mateo County South San Francisco 94080 Downtown South San Francis

721 Commercial Ave, South San Francisco, CA

This home is located at 721 Commercial Ave, South San Francisco, CA 94080 since 12 April 2018 and is currently estimated at $2,182,090, approximately $607 per square foot. This property was built in 2018. 721 Commercial Ave is a home located in San Mateo County with nearby schools including Los Cerritos Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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