NOT LISTED FOR SALE

Estimated Value: $2,190,285

-- Bed
1 Bath
5,408 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $2,140,000 $396 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,846/month

46 Days on Market

Highlights

  • Wood Siding
  • George Peabody Elementary Rated A
  • Carpet

About This Home

As of December 2019

Mix-Use commercial residential building locate in heart of Richmond district San Francisco.This building locates in one of the busiest commercial stretches in close to restaurants, markets, grocery stores, banks, bakeries and all other consumer conveniences. Downstairs ground floor occupied by a famous Chinese restaurant, which has been running very successfully in this location for more than 6 years. 3 year fix, and 5 year option lease term remaining with a 10% increase of rent annually. 2nd floor and 3 floor are occupied by tenants who pay for their own utilities. CAP Rate is over 5%

Last Agent to Sell the Property

Vanessa Miao

Century 21 Masters License #01852904 Listed on: 07/22/2019

Century 21 Masters

Last Buyer's Agent

Matthew Wong

Luxe Places International Real License #02056283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,882

Year Built

  • Built in 1902

Lot Details

  • 2,808 Sq Ft Lot
  • Lot Dimensions are 30x100

Home Design

  • Mixed Use
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,408 Sq Ft Home
  • Carpet
  • Partial Basement

Utilities

  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 1425-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,882

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Mixed Use
  • Year Built: 1902
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial
  • Flooring: Carpet
  • Price Per Square Foot: 395.71
  • Square Footage: 5408.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood

Lot Info

  • Assessor Parcel Number: 1425-023
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0645
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 2808.00
  • Lot Size Units: SqFt
  • Price Per Acre: 33178294.57
  • Zoning: INCLEM

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 14.08
  • Separate Meters: Electricity

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 22, 2020
Sold by
Wong Steven and Wong Kenneth
Bought by
Wong Steven and Wong Kenneth
Seller's Agent
Vanessa Miao
Century 21 Masters
Buyer's Agent
Matthew Wong
Luxe Places International Real
List Price
$2,140,000
Sold Price
$2,140,000
Current Estimated Value
$2,190,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,285
Avg. Annual Appreciation
0.40%
Original Mortgage
$1,100,000
Outstanding Balance
$971,703
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,218,582

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 9, 2019
Sold by
Sanders Susan
Bought by
Wong Steven
Seller's Agent
Vanessa Miao
Century 21 Masters
Buyer's Agent
Matthew Wong
Luxe Places International Real
List Price
$2,140,000
Sold Price
$2,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$971,703
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,218,582

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 3, 2019
Sold by
Wong Lawrence
Bought by
Jew Marien
Seller's Agent
Vanessa Miao
Century 21 Masters
Buyer's Agent
Matthew Wong
Luxe Places International Real
List Price
$2,140,000
Sold Price
$2,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$971,703
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,218,582

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 2, 2019
Sold by
Liang Wing Gan
Bought by
Wong Steven and Wong Kenneth
Seller's Agent
Vanessa Miao
Century 21 Masters
Buyer's Agent
Matthew Wong
Luxe Places International Real
List Price
$2,140,000
Sold Price
$2,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$971,703
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,218,582

Purchase Details

Closed on
Oct 11, 2018
Sold by
Sellai Margaret E
Bought by
Sellai Margaret E

Purchase Details

Closed on
Feb 23, 2018
Sold by
Liang Shu Qiong
Bought by
Liang Shu Qiong

Purchase Details

Listed on
Oct 7, 2016
Closed on
Jan 30, 2017
Sold by
Leung Andrea
Bought by
Liang Wing Gan and Liang Shu Qiong
Seller's Agent
Louis Cornejo
Urban Group Real Estate
Buyer's Agent
Christina Chung
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 13, 1998
Sold by
Shao Lok and Shao Lun
Bought by
Luk Ming and Luk Shao Lan Lun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1994
Sold by
The Chinese Pacific Printing Co
Bought by
Lok Ming and Luk Ming

Purchase Details

Closed on
Dec 11, 1993
Sold by
Luk Chiu Kik and Luk Teresa C
Bought by
Lok Ming and Luk Ming

Purchase Details

Closed on
Dec 4, 1993
Sold by
Pacific Printing Company
Bought by
Lok Ming and Luk Ming
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
Wong Steven -- Chicago Title Company
Wong Steven -- Chicago Title Company
Jew Marien -- Chicago Title Company
Liang Sue Qiong -- Chicago Title Company
Wong Steven $2,140,000 Chicago Title Company
Liang Wing Gan -- Chicago Title Company
Sellai Margaret E -- None Available
Liang Shu Qiong -- None Available
Liang Wing Gan -- None Available
Liang Wing Gan $1,800,000 First American Title Company
Luk Ming -- Fidelity National Title Co
Luk Chiu Leung -- Fidelity National Title Co
Lu Jennifer Run Ping -- Fidelity National Title Co
Lok Ming -- --
Lok Ming -- --
Lok Ming -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Steven $1,100,000
Previous Owner Luk Ming $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2019 12/17/19 Sold $2,140,000 0.0% $396 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $2,140,000 +18.9% $396 / Sq Ft
02/01/2017 02/01/17 Sold $1,800,000 0.0% $333 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $1,800,000 -- $333 / 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 $27,882 $2,340,388 $1,404,235 $936,153
2024 $27,882 $2,294,500 $1,376,701 $917,799
2023 $27,378 $2,249,512 $1,349,707 $899,805
2022 $26,855 $2,205,406 $1,323,244 $882,162
2021 $26,385 $2,162,167 $1,297,300 $864,867
2020 $26,541 $2,139,997 $1,283,998 $855,999
2019 $22,974 $1,872,708 $1,310,898 $561,810
2018 $22,198 $1,835,814 $1,285,071 $550,743
2017 $5,881 $455,546 $175,906 $279,640
2016 $5,763 $446,618 $172,460 $274,158
2015 $5,689 $439,914 $169,872 $270,042
2014 $5,543 $431,300 $166,546 $264,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 487588

San Francisco Association of REALTORS®

APN: 1425-023