NOT LISTED FOR SALE

117 Lower Terrace San Francisco, CA 94114

Corona Heights Neighborhood

Estimated Value: $2,090,000 - $2,907,000

3 Beds
2 Baths
1,774 Sq Ft
$1,423/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2023

Last sale price $2,200,000 $1,240 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,661 / mo

11 Days on Market

Highlights

  • Spa
  • Bay View
  • Fireplace in Primary Bedroom
  • McKinley Elementary School Rated A
  • Built-In Refrigerator
  • Covered Deck

About This Home

As of October 2023

Welcome to 117 Lower Terrace! Nestled in San Francisco's Corona Heights neighborhood, this amazing 3-bedroom, 2-bathroom haven is a true masterpiece. Perched on the hillside, this home offers unrivaled panoramic views, a sight to behold day or night. This captivating residence boasts three levels of meticulously designed outdoor decks, creating an oasis for relaxation and entertaining, all while being bathed in the warmth of abundant natural light streaming through beautiful windows and skylights. With two cozy fireplaces, the interior exudes charm and comfort, making every moment cherished. The updated kitchen, adorned with concrete counters, Sub-Zero refrigerator/freezer, and a Viking range, is a culinary enthusiast's dream. Adding to the allure, the property provides the convenience of both a garage and driveway parking, a true rarity in this sought-after area. In addition, you'll find that the garage is equipped with a 240 volt outlet that supports a level 2 car charger. With its perfect fusion of modern luxury, breathtaking vistas, and an ideal location near the Castro District, the Vulcan Stairway, and Corona Heights Park, this home is the epitome of San Francisco living at its finest. Don't miss this rare opportunity; your dream lifestyle awaits!

Last Agent to Sell the Property

Michael Ownbey

Compass License #01146313 Listed on: 09/15/2023

Compass

Last Buyer's Agent

Bill Wygant

W Real Estate License #01758910

W Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 2,935 Sq Ft Lot
  • Gated Home
  • Landscaped
  • Zoning described as RH2

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Hills
  • Garden

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,774 Sq Ft Home
  • Wet Bar
  • Skylights
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Covered Deck
  • Covered Courtyard

Utilities

  • Central Heating
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2627-004

Home Details

Home Type

Single Family

Year Built

Built in 1938 | Remodeled

Lot Details

2,935 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1938
  • Architectural Style: Traditional, Contemporary
  • Remodeled/Updated Desc: Kitchen 11-15YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: See Remarks, Plumbed For Ice Maker, Hood Over Range, Free Standing Gas Range, Disposal, Dishwasher, Built-In Refrigerator
  • Interior Amenities: Wet Bar, Storage Area(s), Skylight(s)
  • Fireplace Features: Master Bedroom, Living Room, Gas Log
  • Fireplaces: 2
  • Flooring: Wood, Tile, Carpet
  • Master Bathroom Features: Window,Tile,Shower Stall(s)
  • Master Bedroom Features: Walk-In Closet,Outside Access
  • Total Bathrooms: 2
  • Bathroom Features: Window,Tub,Tile,Skylight/Solar Tube,Shower Stall(s)
  • Dining Room Features: Formal Room
  • Kitchen Features: Skylight(s),Pantry Cabinet,Island,Concrete Counter,Breakfast Area
  • Living Room Features: Other,View,Deck Attached
  • Room Type: Master Bedroom, Master Bathroom, Living Room, Laundry, Kitchen, Dining Room, Baths Other
  • Main Level: Street Entrance,Master Bedroom,Garage
  • Price Per Square Foot: 1240.14
  • Square Footage: 1774.00
  • Window Features: Dual Pane Full
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Materials: Wood, Stucco, Frame
  • Disclosures/Documents: TDS Available, Structural Pest Control Report, Preliminary Title Report, Home Inspection Report, Disclosure Package Available, Attached Docs
  • Exterior Features: Entry Gate, Covered Courtyard
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1900000.00
  • Lot Features: See Remarks, Landscape Misc, Landscape Front, Landscape Back
  • Patio And Porch Features: Uncovered Deck, Covered Deck
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Tile, Flat
  • Spa: Yes
  • View Description: Other, Woods, Water, Panoramic, Mountains, Hills, Garden/Greenbelt, City Lights, Bay

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 2.00
  • Parking Type: On Site (Single Family Only)
  • Parking Fees: No
  • Parking Access: Independent
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter,Gated

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Internet Available, Cable Available
  • Electric: 220 Volts
  • Heating: Fireplace(s), Central
  • Laundry Features: Washer Included, Sink, Inside Room, Dryer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning Description: RH2
  • Lot Size Acres: 0.0674
  • Lot Size Sq Ft: 2935.00

Tax Info

  • Assessor Parcel Number: 2627-004

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Michael Ownbey
Compass
Buyer's Agent
Bill Wygant
W Real Estate
List Price
$1,900,000
Sold Price
$2,200,000
Premium/Discount to List
$300,000
15.79%
Current Estimated Value
$2,524,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,781
Avg. Annual Appreciation
5.13%
Original Mortgage
$2,200,000
Outstanding Balance
$2,145,069
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
$379,712

Purchase Details

Closed on
May 25, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.5%

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 Fidelity National Title Compan
-- None Listed On Document
-- None Available
-- None Available
-- None Available
$1,649,000 Old Republic Title Company
$1,100,500 Old Republic Title Company
$370,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,930,000
Closed $250,000
Closed $1,760,000
Closed $2,200,000
Closed $880,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $2,200,000 +15.8% $1,240 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,900,000 -- $1,071 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,235 $2,128,556 $1,489,993 $638,563
2024 $25,235 $2,086,821 $1,460,778 $626,043
2023 $24,778 $2,045,892 $1,432,128 $613,764
2022 $24,313 $2,005,778 $1,404,048 $601,730
2021 $23,884 $1,966,450 $1,376,518 $589,932
2020 $23,982 $1,946,288 $1,362,404 $583,884
2019 $23,156 $1,908,128 $1,335,692 $572,436
2018 $22,373 $1,870,714 $1,309,502 $561,212
2017 $21,810 $1,834,034 $1,283,826 $550,208
2016 $21,472 $1,798,074 $1,258,654 $539,420
2015 $21,207 $1,771,066 $1,239,748 $531,318
2014 $20,646 $1,736,376 $1,215,464 $520,912
Source: Public Records

Agents Affiliated with this Home

  • Michael Ownbey

    Seller's Agent in 2023

    Michael Ownbey

    Compass

    (916) 616-1607

    1 in this area

    89 Total Sales

    Michael Ownbey
    Section Image

  • B

    Buyer's Agent in 2023

    Bill Wygant

    W Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 423909160

MetroList

APN: 2627-004

California San Francisco County San Francisco 94114 Corona Heights

117 Lower Terrace, San Francisco, CA

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.

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