$1,050,000
SOLD OCT 22, 2024
2 Beds
1 Bath
770 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$1,364 Per Sq Ft

3% Below List Price

86 Days on Market

Highlights

  • Engineered Wood Flooring
  • Main Floor Bedroom
  • 4-minute walk to Orange Memorial Park
  • South San Francisco High School Rated A-
  • Bathtub with Shower

About This Home

As of October 2024

Development Opportunity in the heart of South San Francisco! A small home that has been well loved but has seen better days, sits on an oversized lot (7,000 sf) spanning the width of the block with entrances on both Commercial Ave and on 2nd Lane. The dual entrances potentially provide flexibility for design, construction, and access. The lot itself presents endless possibilities for redevelopment: Whether you're an investor looking for your next project, a developer seeking prime real estate, or a homeowner ready to build your dream residence, this unique lot offers the foundation for something extraordinary. Situated close to downtown South San Francisco, you're just moments away from a vibrant mix of diverse restaurants and thriving businesses. Enjoy nearby Orange Park, perfect for outdoor activities, family picnics, and community events. Ideally located to freeway access to San Francisco or Silicon Valley, and less than 2 miles to BART and Caltrain stations, South San Francisco is also home to the thriving bio-tech industry including Genentech and Amgen.

Last Agent to Sell the Property

Samantha Competente

Park North Real Estate License #01372566 Listed on: 07/16/2024

Last Buyer's Agent

Robert Wall

Compass License #00970104

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1918

Home Design

  • 770 Sq Ft Home
  • Fixer Upper

Flooring

  • Engineered Wood
  • Linoleum

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • 1 Open Parking Space

Additional Features

  • Free-Standing Gas Range
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 012-201-310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,094

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Property Condition: Fixer
  • Year Built: 1918
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Number Of Rooms: 4
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Linoleum, Simulated Wood
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room
  • Price Per Square Foot: 1363.64
  • Square Footage: 770.00

Garage/Parking

  • Open Parking Spaces: 1.00
  • Parking Access: Independent
  • Parking Features: No Garage
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 1.00

Lot Info

  • Assessor Parcel Number: 012-201-310
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 6533914.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Oct 16, 2024
Sold by
Darlene C Vanderbur 2021 Revocable Trust and Vanderbur Darlene C
Bought by
Ra Two Holdings Llc
Seller's Agent
Samantha Competente
Park North Real Estate
Buyer's Agent
Robert Wall
Compass
List Price
$1,085,000
Sold Price
$1,050,000
Premium/Discount to List
-$35,000
-3.23%
Views
17
Current Estimated Value
$1,034,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,576
Avg. Annual Appreciation
-1.74%

Purchase Details

Closed on
Mar 15, 2021
Sold by
Vanderbur Darlene C
Bought by
Vanderbur Darlene C and Vanderbur Darlene C

Purchase Details

Closed on
Jul 25, 2019
Sold by
Vanderbur Darlene C and Spicer Sheldon W
Bought by
Vanderbur Darlene C

Purchase Details

Closed on
Sep 18, 1995
Sold by
Spicer Seldon W and Spicer Ramona R
Bought by
The Seldon W Spicer & Ramona J Spicer Re
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Wfg National Title Insurance C
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $1,050,000 -3.2% $1,364 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $1,085,000 +3.3% $1,409 / Sq Ft
07/31/2024 07/31/24 Off Market $1,050,000 -- --
07/16/2024 07/16/24 For Sale $999,000 -- $1,297 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $2,094 $1,050,000 $900,000 $150,000
2023 $2,094 $51,323 $28,257 $23,066
2022 $1,961 $50,317 $27,703 $22,614
2021 $1,923 $49,331 $27,160 $22,171
2020 $1,891 $48,826 $26,882 $21,944
2019 $1,885 $47,869 $26,355 $21,514
2018 $1,847 $46,932 $25,839 $21,093
2017 $1,728 $46,013 $25,333 $20,680
2016 $1,573 $45,112 $24,837 $20,275
2015 $1,543 $44,435 $24,464 $19,971
2014 $1,534 $43,565 $23,985 $19,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424047914

San Francisco Association of REALTORS® MLS

APN: 012-201-310