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255 88th Street

255 88th Street, Daly City, CA 94015
Sold Jun 29, 2011
$638,000
$443,800 by Mega Capital Funding Inc
Mortgage Due Jul 01, 2041
Sold Aug 09, 2005
$1,150,000
$750,000 by Greenpoint Mortgage Funding In
Mortgage Due Sep 01, 2035
255 88th Street has been categorized by the local assessors in Daly City, CA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. The home has a total of 16 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 255 88th Street has 5,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 4 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. 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, 255 88th Street sold most recently in Jun 22, 2011 for a total of $638,000. If you work out the math, that's approximately a cost of $122.22 per sqft. Before that, the property was also sold for $1,150,000 in Aug 2, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,763 in taxes each year. 255 88th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $770,234. If we break it down further, the land itself was valued at $385,117. Improvements to the property, however, were assessed at a total of $385,117. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Quadplex
  • Floor Count: 3
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,220
  • Gross Building Area: 5,220
  • Building Area: 5,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 75 DOLLAR LOT HMSTD
  • Land Acres: 0.057
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LOT 15 BLK 9 75 DOLLAR LOT HMSTD RSM 1/6

Ownership

  • Current Owner : LI HELEN
  • Current Owner 2: LI ALAN
  • Previous Owner : GUAN STEVEN
  • Previous Owner 2: GUAN STANLEY
  • Owner Before Previous Owner: PAPLOS JIM G
  • Owner Before Previous Owner 2: PAPLOS CHRISTINE M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Jefferson Union High School District
  • Census Tract: 601200

Zoning

  • Zoning: R30000

Geography

  • Assessors Map Reference: 21-E6
  • Parcel: 006-197-140
  • Block: 9
  • Lot: 15
  • Latitude: 37.6923
  • Longitude: -122.474

    Address

  • Full Address: 255 88th St
  • Address - House Number: 255
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Daly City
  • Carrier Code: C037
  • 4-Digit Zip Code: 1612
  • Zip Code: 94015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,763
  • Tax Rate Code Area: 05-001

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,529,105
  • High Value: 1,834,869
  • Low Value: 1,223,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $443,800
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 29, 2011
  • First Open Lien Mortgage Loan Amount: $443,800
  • 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: Jul 01, 2041

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $770,234
  • Assessed Land Value: $385,117
  • Assessed Improvements Value: $385,117

    Sales

  • Current Sale Contract Date: Jun 22, 2011
  • Current Sale Recording Date: Jun 29, 2011
  • Current Sale Transaction ID: 1057218506
  • Current Sale Price: $638,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2011-073201
  • Previous Sale Recording Date: Aug 09, 2005
  • Previous Sale Contract Date: Aug 02, 2005
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jun 29, 2011
  • First Mortgage Loan Amount: $443,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • Previous Mortgage Transaction Date: Aug 09, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About St. Francis Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$850 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Christopher G. Raad

Frequently Asked Questions

What neighborhood is 255 88th Street located in?
The 255 88th Street is a located in the neighborhood of St. Francis Heights in St. Francis Heights, Daly City.
What is the average sales price for listings in 255 88th Street?
The average sales price for units in 255 88th Street is $0 currently.

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