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161 Forest Knolls Drive

161 Forest Knolls Drive, San Francisco, CA 94131
Property in Forest Knolls
Sold Aug 26, 2021
$1,850,000
$1,387,500 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2051
Local assessors in San Francisco, CA have categorized 161 Forest Knolls Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 3,267 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 161 Forest Knolls Drive has a total of 2,019 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 161 Forest Knolls Drive sold most recently in Aug 24, 2021 for a total of $1,850,000. If you work out the math, that's approximately a cost of $916.30 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,475 in taxes each year. 161 Forest Knolls Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,887,000. If we break it down further, the land itself was valued at $1,320,900. Improvements to the property, however, were assessed at a total of $566,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,267
  • Total Building Area: 2,019
  • Gross Building Area: 2,019
  • Building Area: 2,019
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,019
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST KNOLLS SUBDIVISION #1
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PARK MINJONG
  • Current Owner 2: KIM SUN YOUNG
  • Previous Owner : MORRIS JOAN D
  • Previous Owner 2: MORRIS RICHARD JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 030102

Zoning

  • Zoning: RH1D

Geography

  • Assessors Map Reference: 9-C3
  • Parcel: 2684-006
  • Block: 2684
  • Lot: 6
  • Latitude: 37.7547
  • Longitude: -122.456

    Address

  • Full Address: 161 Forest Knolls Dr
  • Address - House Number: 161
  • Address - Street Name: Forest Knolls
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C003
  • 4-Digit Zip Code: 1119
  • Zip Code: 94131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,475
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 2,099,029
  • High Value: 2,630,540
  • Low Value: 1,567,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,387,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,387,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,887,000
  • Assessed Land Value: $1,320,900
  • Assessed Improvements Value: $566,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11854906339
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021136775

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $1,387,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 161 Forest Knolls Drive located in?
The 161 Forest Knolls Drive is a located in the neighborhood of Forest Knolls in Southwest San Francisco, San Francisco.
What is the average sales price for listings in 161 Forest Knolls Drive?
The average sales price for units in 161 Forest Knolls Drive is $0 currently.

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