NOT LISTED FOR SALE

897 Hayes St San Francisco, CA 94117

Alamo Square Neighborhood

Estimated Value: $2,086,741

-- Bed
3 Baths
3,060 Sq Ft
$682/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $1,929,000 $630 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,614/month

28 Days on Market

Highlights

  • Downtown View
  • Victorian Architecture
  • Wood Siding
  • Wood Flooring
  • Corner Lot
  • 4-minute walk to Alamo Square Park

About This Home

As of May 2016

NEW TO MARKET. 897 Hayes Street is a well maintained 3-unit, mixed use property; one 3-Bedroom 2 Bath residential flat over two commercial units. 5.97% Cap Rate, Gross Scheduled Income $127,200, Corner Lot, Easy Management, Very Low Expenses, Potential for +/-880 SF third floor addition. Located in the iconic Alamo Square neighborhood & nestled between two of San Francisco's hottest neighborhoods, Hayes Valley and NoPa. Ideal location provides residents an abundance of dining and retail shopping options. And for leisure, Alamo Square Park is just one block away. All units in good condition, feature great period details and offer well designed floor plans.

Last Agent to Sell the Property

Louis Cornejo

Urban Group Real Estate License #01518102 Listed on: 04/04/2016

Last Buyer's Agent

Elizabeth Nguyen

Berkshire Hathaway Home Services California Realty License #01403644

Berkshire Hathaway Home Services California Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,933

Year Built

  • Built in 1876

Lot Details

  • 1,575 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Victorian Architecture
  • Mixed Use
  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,060 Sq Ft Home
  • Wood Flooring
  • Downtown Views
  • Dishwasher

Utilities

  • Separate Meters

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 0821025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,933

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Mixed Use
  • Architectural Style: Victorian
  • Year Built: 1876
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Dishwasher, OVFR
  • Flooring: Wood
  • Laundry Features: WSHD
  • Price Per Square Foot: 630.39
  • Square Footage: 3060.00

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Foundation: Brick/Mortar, Concrete
  • Roof: Composition, Shingle
  • View: City Lights, Downtown, PRTL

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 0821025
  • Lot Features: Corner
  • Lot Size Acres: 0.0362
  • Lot Size Sq Ft: 1575.00
  • Lot Size Units: SqFt
  • Price Per Acre: 53287292.82
  • Zoning: RM1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 15.17
  • Separate Meters: Electricity, Gas
  • Total Number Owner Occupied: 1

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Ngo Lucia
Bought by
The Lucia Ngo Living Trust
Current Estimated Value
$2,086,741

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 5, 2016
Sold by
Cornejo Louise and Cornejo Katya
Bought by
Ngo Lucia and Pham Sofia Q
Seller's Agent
Louis Cornejo
Urban Group Real Estate
Buyer's Agent
Elizabeth Nguyen
Berkshire Hathaway Home Services California Realty
List Price
$1,929,000
Sold Price
$1,929,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 3, 2016
Sold by
Lum Travis
Bought by
Pham Sofia Q
Seller's Agent
Louis Cornejo
Urban Group Real Estate
Buyer's Agent
Elizabeth Nguyen
Berkshire Hathaway Home Services California Realty
List Price
$1,929,000
Sold Price
$1,929,000

Purchase Details

Closed on
Dec 21, 2011
Sold by
Newhauser Associates
Bought by
Newhauser Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2011
Sold by
Brown Justin
Bought by
Cornejo Louis and Cornejo Katya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mandel William and Mandel Patricia
Bought by
Cornejo Louis and Cornejo Katya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
The Lucia Ngo Living Trust -- None Available
Ngo Lucia $1,929,000 First American Title Company
Pham Sofia Q -- First American Title Company
Newhauser Associates -- Old Republic Title Company
Cornejo Louis $114,000 Old Republic Title Company
Cornejo Louis $975,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornejo Louis $700,000
Previous Owner Cornejo Louis $685,000
Previous Owner Brown Cortez $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $1,929,000 0.0% $630 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $1,929,000 -- $630 / 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 $26,933 $2,283,537 $1,598,478 $685,059
2024 $26,933 $2,238,763 $1,567,136 $671,627
2023 $26,532 $2,194,866 $1,536,408 $658,458
2022 $26,036 $2,151,831 $1,506,283 $645,548
2021 $25,577 $2,109,640 $1,476,749 $632,891
2020 $25,680 $2,088,009 $1,461,607 $626,402
2019 $24,795 $2,047,069 $1,432,949 $614,120
2018 $23,958 $2,006,931 $1,404,852 $602,079
2017 $13,635 $1,129,685 $677,814 $451,871
2016 $13,412 $1,107,536 $664,525 $443,011
2015 $13,246 $1,090,905 $654,546 $436,359
2014 $12,898 $1,069,545 $641,729 $427,816
Source: Public Records

Agents Affiliated with this Home

  • Louis Cornejo

    Seller's Agent in 2016

    Louis Cornejo

    Urban Group Real Estate

    (415) 863-1775

    28 Total Sales

    Section Image

  • E

    Buyer's Agent in 2016

    Elizabeth Nguyen

    Berkshire Hathaway Home Services California Realty

    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 443781

San Francisco Association of REALTORS® MLS

APN: 0821-025

California San Francisco County San Francisco 94117 Alamo Square

897 Hayes St, San Francisco, CA

This home is located at 897 Hayes St, San Francisco, CA 94117 since 04 April 2016 and is currently estimated at $2,086,741, approximately $681 per square foot. This property was built in 1876. 897 Hayes St is a home located in San Francisco County with nearby schools including Muir (John) Elementary School, James Lick Middle School, and Creative Arts Charter 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® MLS 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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