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1740 Lake Street

1740 Lake Street, San Francisco, CA 94121
Property in Inner Richmond
Sold Jan 09, 2020
$2,850,000
$1,800,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2052
Local assessors in San Francisco, CA have categorized 1740 Lake Street as a residential type of property. The home was built in 1906 and is 118 years old. The property's lot size has been calculated to be 3,162 square feet. The linear feet between the front and back of the lot was measured at 550 ft and the front of the lot was measured at 570 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 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 1740 Lake Street has a total of 2,230 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1740 Lake Street sold most recently in Jan 6, 2020 for a total of $2,850,000. If you work out the math, that's approximately a cost of $1,278.03 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 $35,383 in taxes each year. 1740 Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,053,856. If we break it down further, the land itself was valued at $2,097,100. Improvements to the property, however, were assessed at a total of $956,756. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,162
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OUTSIDE LAND BL 54
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 54

Ownership

  • Current Owner : MORALES MELISSA DENISE
  • Current Owner 2: EDGEWORTH JONAS WATERS
  • Previous Owner : CARDINAL PAUL J
  • Previous Owner 2: CARDINAL KATHLEEN H
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 042800

Zoning

  • Zoning: RH1

Geography

  • Assessors Map Reference: 4-C2
  • Parcel: 1340-009
  • Block: 1340
  • Lot: 9
  • Latitude: 37.7863
  • Longitude: -122.479

    Address

  • Full Address: 1740 Lake St
  • Address - House Number: 1740
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C011
  • 4-Digit Zip Code: 1310
  • Zip Code: 94121

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,383
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 3,218,454
  • High Value: 4,029,671
  • Low Value: 2,407,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,053,856
  • Assessed Land Value: $2,097,100
  • Assessed Improvements Value: $956,756

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 09, 2020
  • Current Sale Transaction ID: 11719302596
  • Current Sale Price: $2,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: K887955

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 09, 2020
  • First Mortgage Loan Amount: $1,852,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest San Francisco



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Frequently Asked Questions

What neighborhood is 1740 Lake Street located in?
The 1740 Lake Street is a located in the neighborhood of Inner Richmond in Northwest San Francisco, San Francisco.
What is the average sales price for listings in 1740 Lake Street?
The average sales price for units in 1740 Lake Street is $0 currently.

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