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283 2nd Avenue

283 2nd Avenue, San Francisco, CA 94118
Property in Inner Richmond
Sold Mar 03, 2021
$1,225,000
$918,750 by Mufg Union Bank Na
Mortgage Due Apr 01, 2051
Sold Feb 20, 2013
$725,000
283 2nd Avenue has been categorized by the local assessors in San Francisco, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 283 2nd Avenue has 943 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,438 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 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, 283 2nd Avenue sold most recently in Feb 16, 2021 for a total of $1,225,000. If you work out the math, that's approximately a cost of $1,299.05 per sqft. Before that, the property was also sold for $725,000 in Feb 13, 2013. 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 $14,852 in taxes each year. 283 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,274,490. If we break it down further, the land itself was valued at $764,694. Improvements to the property, however, were assessed at a total of $509,796. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,438
  • Total Building Area: 943
  • Gross Building Area: 943
  • Building Area: 943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 283-285 2ND AVENUE
  • Land Acres: 0.033
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLK 180

Ownership

  • Current Owner : KIM JI YEON
  • Previous Owner : MARSH PETER H
  • Previous Owner 2: MARSH BARBARA A
  • Owner Before Previous Owner: MARSH KRISTEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 040100

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 5-B2
  • Parcel: 1431-060
  • Block: 1431
  • Lot: 60
  • Latitude: 37.7835
  • Longitude: -122.46

    Address

  • Full Address: 283 2nd Ave
  • Address - House Number: 283
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C034
  • 4-Digit Zip Code: 2411
  • Zip Code: 94118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,852
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 1,114,058
  • High Value: 1,395,531
  • Low Value: 832,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $918,750
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $918,750
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,274,490
  • Assessed Land Value: $764,694
  • Assessed Improvements Value: $509,796

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11830953017
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021040599
  • Previous Sale Recording Date: Feb 20, 2013
  • Previous Sale Contract Date: Feb 13, 2013
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $918,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest San Francisco



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Frequently Asked Questions

What neighborhood is 283 2nd Avenue located in?
The 283 2nd Avenue is a located in the neighborhood of Inner Richmond in Northwest San Francisco, San Francisco.
What is the average sales price for listings in 283 2nd Avenue?
The average sales price for units in 283 2nd Avenue is $0 currently.

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