NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,262,076

2 Beds
2 Baths
1,111 Sq Ft
$1,085/mo HOA Fee

Last Sold March 12, 2020

Last sale price $1,537,500 $1,384 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $9,015/month

3,855 Days on Market

Highlights

  • Valet Parking
  • 1-minute walk to 2Nd And King
  • In Ground Pool
  • Views of Twin Peaks
  • Property Fronts a Bay or Harbor
  • 2-minute walk to South Beach Park

About This Home

As of March 2020

New price. Great value. See the marina, bay, ballpark from this stunning, contemporary 2BD/2BA corner residence at The Towers, South Beach's premier luxury high-rise community. The remodeled custom high-end kitchen hosts stainless appliances & more. Beautiful hardwood flooring flows thru living area, large walkout terrace, 4 oversized bay windows, custom baths, & laundry, separated bedrooms and more. The Towers' luxurious amenities include a Fitness Center, Pool, Spa, Sauna, Business Center, 24/7 Concierge, valet parking & space for 1 car. The location is ideal with some of the best weather in the City, & close to Oracle Park, the Embarcadero, parks, public transit, Caltrain, freeway access & shuttle stops

Last Agent to Sell the Property

Mike MacHado

Coldwell Banker Realty License #01193859 Listed on: 01/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Marianne Bacigalupi Schier

Compass License #01194797

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,902

Year Built

  • Built in 2000

Lot Details

  • 1

HOA Fees

  • $1,085 Monthly HOA Fees

Property Views

  • Views of the Bay Bridge
  • Panoramic
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Fireplace With Gas Starter
  • Breakfast Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access

Pool

  • In Ground Pool
  • Gas Heated Pool

Utilities

  • Heating Available
  • 220 Volts in Kitchen

Additional Features

  • Property Fronts a Bay or Harbor
  • Unit is below another unit

Listing and Financial Details

  • Assessor Parcel Number NC-11760

Community Details

Overview

  • Association fees include management, door person, electricity, maintenance exterior, trash, ground maintenance, homeowners insurance, internet, organized activities, security, water
  • 233 Units
  • Oes HOA, Phone Number (415) 291-8554
  • High-Rise Condominium
  • Car Wash Area
  • Greenbelt

Amenities

  • Valet Parking
  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,902

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Flat, Hi-Rise (9+), Luxury
  • Architectural Style: Contemporary
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Access
  • Levels: One
  • Location Of Unit: Unit Above
  • Year Built: 2000
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Features: Gas Starter, Gas Piped
  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Formal Area, Dining/Living Combo
  • Living Room Features: Deck Attached, View
  • Number Of Rooms: 4
  • Appliances: Dishwasher, Disposal, Hood Over Range, Ice Maker, Microwave, Self/Cont Clean Oven, ELER, REFA
  • Bathroom Features: Granite, Tile, Tub w/Shower Over, RMDL
  • Entry Level: 11
  • Flooring: Carpet, Tile
  • Kitchen Features: Breakfast Room, Granite Counter, RMDL
  • Laundry Features: WDIN
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom
  • Room Type: Storage
  • Spa Features: SPAA

Exterior Features

  • Construction Materials: Brick, Stucco
  • Frontage Type: Bay/Harbor
  • Pool Features: Built-In, Common Facility, Gas Heat
  • View: Bay, Bay Bridge, City Lights, Downtown, Hills, Marina, Mt Diablo, Park, Panoramic, San Francisco, Twin Peaks, Water

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Attached, Enclosed, Garage Door Opener, Interior Access, Valet, GARG
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Electric: 220 Volts in Kitchen
  • Heating: Electric

Association/Amenities

  • Association Features: Barbeque, Clubhouse, Car Wash Area, Greenbelt, Playground, Rec Room w/Fireplace, Sauna, Spa/Hot Tub
  • Association Name: OES HOA

Condo/Co-op/Association

  • Unit: 1104
  • Association Fee: 1085
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Door Person, Electricity, Maintenance Exterior, Trash, Maintenance Grounds, Homeowners Insurance, Internet, Organized Activities, Security, Water
  • Phone: (415) 291-8554

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: NC-11760
  • Lot Features: Corner
  • Zoning: M2

Rental Info

  • Pets Allowed: Number Limit

Multi Family

  • Number Of Units: 233

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 4, 2020
Sold by
Erickson Scott G
Bought by
Dhakal Ahsit and Shrestha Kriti
Seller's Agent
Mike MacHado
Coldwell Banker Realty
Buyer's Agent
Marianne Bacigalupi Schier
Compass
List Price
$1,195,000
Sold Price
$1,537,500
Premium/Discount to List
$342,500
28.66%
Current Estimated Value
$1,212,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,231
Avg. Annual Appreciation
-4.00%
Original Mortgage
$123,750
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 4, 2004
Sold by
88 King Street Llc
Bought by
Erickson Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.57%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Dhakal Ahsit $1,537,500 Fidelity National Title Co
Erickson Scott G $1,060,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dhakal Ashit $123,750
Open Dhakal Ahsit $1,184,250
Previous Owner Erickson Scott G $728,000
Previous Owner Erickson Scott G $742,000
Previous Owner Erickson Scott G $580,000
Closed Erickson Scott G $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $1,537,500 0.0% $1,384 / Sq Ft
08/25/2017 08/25/17 Rented $5,400 0.0% --
08/23/2017 08/23/17 Under Contract -- -- --
08/10/2017 08/10/17 For Rent $5,400 0.0% --
03/05/2010 03/05/10 Off Market $1,537,500 -- --
08/07/2009 08/07/09 For Sale $1,195,000 -- $1,076 / 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 $15,902 $1,167,000 $700,200 $466,800
2024 $15,902 $1,286,000 $771,600 $514,400
2023 $16,883 $1,365,000 $819,000 $546,000
2022 $17,406 $1,410,000 $705,000 $705,000
2021 $17,173 $1,388,750 $694,375 $694,375
2020 $17,292 $1,378,042 $689,021 $689,021
2019 $16,700 $1,351,022 $675,511 $675,511
2018 $16,137 $1,324,532 $662,266 $662,266
2017 $15,648 $1,298,562 $649,281 $649,281
2016 $15,398 $1,273,100 $636,550 $636,550
2015 $15,206 $1,253,978 $626,989 $626,989
2014 $14,786 $1,229,416 $614,708 $614,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 494414

San Francisco Association of REALTORS® MLS

APN: 3793-199