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1755 Van Ness Avenue

1755 Van Ness Avenue, San Francisco, CA 94109
Property in Pacific Heights
Sold Dec 20, 2016
$99,500,000
$14,000,000 by First Republic Bank
Mortgage
Local assessors in San Francisco, CA have categorized 1755 Van Ness Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 8,453 square feet. The linear feet between the front and back of the lot was measured at 720 ft and the front of the lot was measured at 1,174 ft. As for the restroom situation, there are 50 full bathrooms. There are also 50 partial bathrooms. This is a 6 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 1755 Van Ness Avenue has a total of 47,390 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, 1755 Van Ness Avenue sold most recently in Dec 15, 2016 for a total of $99,500,000. If you work out the math, that's approximately a cost of $2,099.60 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 $392,572 in taxes each year. 1755 Van Ness Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,746,074. If we break it down further, the land itself was valued at $21,643,848. Improvements to the property, however, were assessed at a total of $12,102,226. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 120
  • Bedroom Count: 0
  • Bathroom Count: 50
  • Full Bathrooms: 50
  • Partial Bathrooms: 50
  • Construction Type: Wood
  • Floor Count: 6
  • Living Units: 50
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,453
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 1,174
  • Total Building Area: 47,390
  • Gross Building Area: 47,390
  • Building Area: 47,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 47,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN ADD BL 89
  • Land Acres: 0.194
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : BENJAMIN ARMS LP
  • Current Owner 2: MARGARET APARTMENTS LP
  • Previous Owner : MUFG UNION BANK NA
  • Previous Owner 2: MACPHEE CHESTER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 013101

Zoning

  • Zoning: RC4

Geography

  • Assessors Map Reference: 6-C1
  • Parcel: 0623-001
  • Block: 623
  • Lot: 1
  • Latitude: 37.7919
  • Longitude: -122.423

    Address

  • Full Address: 1755 Van Ness Ave
  • Address - House Number: 1755
  • Address - Street Name: Van Ness
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C040
  • 4-Digit Zip Code: 3670
  • Zip Code: 94109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $392,572
  • Tax Rate Code Area: 01-000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2016
  • First Open Lien Mortgage Loan Amount: $14,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,746,074
  • Assessed Land Value: $21,643,848
  • Assessed Improvements Value: $12,102,226

    Sales

  • Current Sale Contract Date: Dec 15, 2016
  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Transaction ID: 1927852322
  • Current Sale Price: $99,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: K377297

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Dec 20, 2016
  • First Mortgage Loan Amount: $14,000,000
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1755 Van Ness Avenue located in?
The 1755 Van Ness Avenue is a located in the neighborhood of Pacific Heights in Northwest San Francisco, San Francisco.
What is the average sales price for listings in 1755 Van Ness Avenue?
The average sales price for units in 1755 Van Ness Avenue is $0 currently.

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