NOT LISTED FOR SALE

8 Octavia St Unit 508 San Francisco, CA 94102

Hayes Valley Neighborhood

Estimated Value: $996,000 - $1,193,000

2 Beds
2 Baths
1,001 Sq Ft
$844/mo HOA Fee

Last Sold June 08, 2021

Last sale price $1,285,000 $1,284 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $7,973/month

Highlights

  • 0.29 Acre Lot
  • 2-minute walk to Market And Haight/Gough
  • Double Pane Windows
  • Contemporary Architecture
  • 1 Car Attached Garage
  • 5-minute walk to Daniel E. Koshland Community Park

About This Home

As of June 2021

Enjoy modern luxury in this 2BD/2BA condo at 8 Octavia, a hyper-minimalistic building designed by Stanley Saitowitz in desirable Hayes Valley. At the edge of the Duboce Triangle, this condo commandeers an ideal location alongside the Mission and Lower Haight. At home, enjoy wide plank hardwood floors, floor-to-ceiling windows, exposed cement ceilings, linear chandeliers, an open concept floorplan. Spacious atrium with cement floors and glass walls is perfect for entertaining, dining, lounging, gardening. Beautiful, bright living room leads to entertainer's dining room. Kitchen features custom wood paneled flat-front cabinets, white floating countertops, pantry, large island. Stainless steel Bosch gas range and stove, custom paneled Liebher refrigerator. Primary suite with en suite bath features French door to atrium, long closet, plus en suite bathroom. Guest suite, plus guest bath. Garage parking with E.V. charging station. Laundry in unit. Rooftop deck with sweeping city views.

Last Agent to Sell the Property

Michael Minson

KW Advisors License #01921338 Listed on: 05/06/2021

KW Advisors

Co-Listed By

John Skaggs

KW Advisors License #02066379

Last Buyer's Agent

Jose Cuison

RE/MAX Gold of Daly City License #02063633

RE/MAX Gold of Daly City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,790

Year Built

  • Built in 2014

Lot Details

  • 0.29

HOA Fees

  • $844 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 1,001 Sq Ft Home
  • Double Pane Windows

Home Security

Parking

  • 1 Car Attached Garage
  • Side by Side Parking

Listing and Financial Details

  • Assessor Parcel Number 0855078

Community Details

Overview

  • 47 Units
  • Mid-Rise Condominium
  • 8-Story Property

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,790

Year Built

Built in 2014

Lot Details

0

HOA Fees

$844 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached, Luxury, Mid-Rise (4-8)
  • Architectural Style: Contemporary, Modern/High Tech
  • Levels: One
  • Stories: 8
  • Year Built: 2014
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Price Per Square Foot: 1283.72
  • Square Footage: 1001.00
  • Window Features: Dual Pane Full

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Attached, Interior Access
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 844
  • Association Fee Frequency: Monthly

Lot Info

  • Assessor Parcel Number: 0855078
  • Lot Size Acres: 0.2860
  • Lot Size Sq Ft: 12456.00
  • Lot Size Units: SqFt
  • Price Per Acre: 4493006.99

Multi Family

  • Number Of Units: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 7, 2021
Sold by
Soo Douglas James and The Douglas James Soo Revocabl
Bought by
Mahmud Nejad
Seller's Agent
Michael Minson
KW Advisors
Buyer's Agent
Jose Cuison
RE/MAX Gold of Daly City
List Price
$1,288,000
Sold Price
$1,285,000
Premium/Discount to List
-$3,000
-0.23%
Current Estimated Value
$1,084,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,964
Avg. Annual Appreciation
-3.83%
Original Mortgage
$1,220,750
Outstanding Balance
$1,105,237
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$21,201

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 1, 2021
Sold by
Douglas James Soo Revocable Trust and Soo Douglas James
Bought by
Mahmud Nejad
Seller's Agent
Michael Minson
KW Advisors
Buyer's Agent
Jose Cuison
RE/MAX Gold of Daly City
List Price
$1,288,000
Sold Price
$1,285,000
Premium/Discount to List
-$3,000
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,750
Outstanding Balance
$1,105,237
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$21,201

Purchase Details

Closed on
Jul 30, 2019
Sold by
Soo Douglas James
Bought by
Soo Douglas James and Douglas James Soo Revocable Li

Purchase Details

Closed on
Oct 21, 2014
Sold by
Octavia Gateway Holdings Llc
Bought by
Soo Douglas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Mahmud Nejad $1,285,000 Chicago Title Company
Mahmud Nejad -- Chicago Title
Soo Douglas James -- None Available
Soo Douglas James $1,320,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmud Nejad $1,220,750
Closed Mahmud Nejad $1,220,750
Previous Owner Soo Douglas James $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $1,285,000 -0.2% $1,284 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,288,000 -- $1,287 / 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 $16,790 $1,390,922 $834,553 $556,369
2024 $16,790 $1,363,650 $818,190 $545,460
2023 $16,511 $1,336,913 $802,148 $534,765
2022 $16,195 $1,310,700 $786,420 $524,280
2021 $18,045 $1,465,624 $732,812 $732,812
2020 $18,175 $1,450,596 $725,298 $725,298
2019 $17,503 $1,422,154 $711,077 $711,077
2018 $16,914 $1,394,270 $697,135 $697,135
2017 $16,416 $1,366,932 $683,466 $683,466
2016 $16,155 $1,340,130 $670,065 $670,065
2015 $15,956 $1,320,000 $660,000 $660,000
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Minson

    KW Advisors

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    John Skaggs

    KW Advisors

    Section Image

  • J

    Buyer's Agent in 2021

    Jose Cuison

    RE/MAX

    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 421538822

San Francisco Association of REALTORS®

APN: 0855-078

California San Francisco County San Francisco 94102 Hayes Valley

8 Octavia St Unit 508, San Francisco, CA

This home is located at 8 Octavia St Unit 508, San Francisco, CA 94102 since 06 May 2021 and is currently estimated at $1,084,036, approximately $1,082 per square foot. This property was built in 2014. 8 Octavia St Unit 508 is a home located in San Francisco County with nearby schools including Muir (John) Elementary School, James Lick Middle School, and Children's Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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