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288 Farallones Street

288 Farallones Street, San Francisco, CA 94112
Property in Ocean View
Sold Oct 13, 2021
$1,115,000
$822,000 by Nmsi Inc
Mortgage Due Nov 01, 2051
Sold Jan 04, 2006
$475,000
$330,000 by Flagstar Bank Fsb
Mortgage Due Feb 01, 2036
Local assessors in San Francisco, CA have categorized 288 Farallones Street as a residential type of property. The home was built in 1909 and is 115 years old. The property's lot size has been calculated to be 3,249 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 288 Farallones Street has a total of 1,266 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, 288 Farallones Street sold most recently in Oct 6, 2021 for a total of $1,115,000. If you work out the math, that's approximately a cost of $880.73 per sqft. Before that, the property was also sold for $475,000 in Dec 28, 2005. 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 $13,939 in taxes each year. 288 Farallones Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,137,300. If we break it down further, the land itself was valued at $796,110. Improvements to the property, however, were assessed at a total of $341,190. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 466
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,249
  • Total Building Area: 1,266
  • Gross Building Area: 1,732
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAILROAD HOMESTEAD ASSOCIATION
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK L

Ownership

  • Current Owner : LI XINHENG
  • Current Owner 2: LI MIAOFANG
  • Previous Owner : FANG WARREN
  • Previous Owner 2: FANG SUSAN
  • Owner Before Previous Owner: DANCY EUGENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 031402

Zoning

  • Zoning: RH1

Geography

  • Assessors Map Reference: 19-B2
  • Parcel: 7105-014
  • Block: 7105
  • Lot: 14
  • Latitude: 37.7142
  • Longitude: -122.462

    Address

  • Full Address: 288 Farallones St
  • Address - House Number: 288
  • Address - Street Name: Farallones
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C011
  • 4-Digit Zip Code: 2939
  • Zip Code: 94112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,939
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 62
  • Final Value: 1,143,340
  • High Value: 1,444,015
  • Low Value: 842,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,000
  • First Open Lien Mortgage Lender: NMSI INC
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $822,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,137,300
  • Assessed Land Value: $796,110
  • Assessed Improvements Value: $341,190

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11860601766
  • Current Sale Price: $1,115,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021157205
  • Previous Sale Recording Date: Jan 04, 2006
  • Previous Sale Contract Date: Dec 28, 2005
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jan 04, 2006
  • Previous Mortgage Loan Amount: $330,000
  • 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: Feb 01, 2036

About Southwest San Francisco



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Frequently Asked Questions

What neighborhood is 288 Farallones Street located in?
The 288 Farallones Street is a located in the neighborhood of Ocean View in Southwest San Francisco, San Francisco.
What is the average sales price for listings in 288 Farallones Street?
The average sales price for units in 288 Farallones Street is $0 currently.

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