NOT LISTED FOR SALE

856 Hawthorne Place South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,354,198 - $1,495,000

4 Beds
3 Baths
2,016 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $1,400,000 $694 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,171/month

26 Days on Market

About This Home

As of February 2022

Opportunity Knocks! This rare parcel includes Two Separate Houses, with two separate street addresses. 856 Hawthorne includes 2 Bd/1 BA and a large backyard deck . 857 Olive Ave includes 2BD/1 BA with bonus room, recently remodeled kitchen, and a backyard. Nearby shops, restaurants, public transportation, highway 101, etc!

Last Agent to Sell the Property

Raven Naber

Novo Real Estate Group Inc. License #01995190 Listed on: 10/28/2021

Last Buyer's Agent

Raven Naber

Novo Real Estate Group Inc. License #01995190 Listed on: 10/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,359

Year Built

  • 1944

Lot Details

  • 5,510 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 2,016 Sq Ft Home
  • Duplex

Additional Features

  • Finished Basement

Listing and Financial Details

  • Total Actual Rent $79,200

Community Details

Overview

  • 2,016 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,716
  • Utility Expense $335
  • Trash Expense $80
  • Operating Expense $8,837
  • Gross Income $75,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,359

Year Built

1944

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Living Sq Ft: 2016
  • Additional Rooms: Basement - Finished

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.1265
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5510.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5510.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.18
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1716
  • Expenses Total: 8837
  • Expenses Utility: 335
  • Expense Trash: 80
  • Income Annual Gross: 75240.00
  • Income Annual Rental: 79200
  • Income Gross Scheduled: 79200
  • Meters: Separate Other
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Feb 8, 2022
Sold by
Nasser Khoury
Bought by
Massis Living Trust
Seller's Agent
Raven Naber
Novo Real Estate Group Inc.
Buyer's Agent
Raven Naber
Novo Real Estate Group Inc.
List Price
$1,598,000
Sold Price
$1,400,000
Premium/Discount to List
-$198,000
-12.39%
Current Estimated Value
$1,410,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,733
Original Mortgage
$1,050,000
Outstanding Balance
$978,821
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Massis Living Trust $1,400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massis Living Trust $1,050,000
Previous Owner Khoury Nasser $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $1,400,000 -12.4% $694 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,598,000 +14.1% $793 / Sq Ft
10/29/2021 10/29/21 Off Market $1,400,000 -- --
10/28/2021 10/28/21 For Sale $1,598,000 -- $793 / 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 $17,359 $1,485,690 $1,029,371 $456,319
2023 $17,359 $1,191,000 $825,000 $366,000
2022 $6,892 $520,076 $260,038 $260,038
2021 $6,795 $509,880 $254,940 $254,940
2020 $6,706 $504,652 $252,326 $252,326
2019 $6,643 $494,758 $247,379 $247,379
2018 $6,489 $485,058 $242,529 $242,529
2017 $6,282 $475,548 $237,774 $237,774
2016 $6,085 $466,224 $233,112 $233,112
2015 $5,985 $459,222 $229,611 $229,611
2014 $5,886 $450,228 $225,114 $225,114
Source: Public Records

Agents Affiliated with this Home

  • Raven Naber

    Seller's Agent in 2022

    Raven Naber

    Novo Real Estate Group Inc.

    (650) 520-6785

    1 in this area

    32 Total Sales

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Map

Source: MLSListings

MLS Number: ML81868424

MLSListings

APN: 012-134-050

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

856 Hawthorne Place, South San Francisco, CA

This home is located at 856 Hawthorne Place, South San Francisco, CA 94080 since 28 October 2021 and is currently estimated at $1,410,733, approximately $699 per square foot. This property was built in 1944. 856 Hawthorne Place is a home located in San Mateo County with nearby schools including Martin Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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