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318 San Marcos Avenue

318 San Marcos Avenue, San Francisco, CA 94116
Property in Forest Hill
Sold Aug 23, 1995
$545,000
$678,000 by Bank Of America Na
Mortgage Due Jun 01, 2037
Sold Jun 08, 1995
$704,000
Local assessors in San Francisco, CA have categorized 318 San Marcos Avenue as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 2,888 square feet. 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, 4 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 3 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 318 San Marcos Avenue has a total of 3,265 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. The property was last sold in Aug 18, 1995 for $545,000. That's $166.92 per sqft. Prior to that sales transaction, the property was also sold in May 16, 1995 for $704,000. 318 San Marcos Avenue was last assessed in 2023. The total value of the property was assessed at $1,812,094. Specifically, the land the property is located on was valued at $1,163,483. While improvements on the property were assessed at a total of $648,611. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,093. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,888
  • Total Building Area: 3,265
  • Gross Building Area: 3,265
  • Building Area: 3,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP #2 OF PACIFIC TERRACE
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 2338 LOT 18

Ownership

  • Current Owner : CHAN KEVIN
  • Current Owner 2: CHAN TAI CHUN
  • Previous Owner : PMI MTG INSURANCE COMPANY
  • Owner Before Previous Owner: BANK UNITED
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 030400

Zoning

  • Zoning: RH1

Geography

  • Assessors Map Reference: 13-B1
  • Parcel: 2338-003
  • Block: 2338
  • Lot: 3
  • Latitude: 37.7467
  • Longitude: -122.467

    Address

  • Full Address: 318 San Marcos Ave
  • Address - House Number: 318
  • Address - Street Name: San Marcos
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C022
  • 4-Digit Zip Code: 1961
  • Zip Code: 94116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,093
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 65
  • Final Value: 2,817,003
  • High Value: 3,515,377
  • Low Value: 2,118,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $678,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 04, 2022
  • First Open Lien Mortgage Loan Amount: $678,000
  • First Open Lien Mortgage Term: 174
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,812,094
  • Assessed Land Value: $1,163,483
  • Assessed Improvements Value: $648,611

    Sales

  • Current Sale Contract Date: Aug 18, 1995
  • Current Sale Recording Date: Aug 23, 1995
  • Current Sale Transaction ID: 1071355394
  • Current Sale Price: $545,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: F836262
  • Previous Sale Recording Date: Jun 08, 1995
  • Previous Sale Contract Date: May 16, 1995
  • Previous Sale Amount: $704,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONWIDE MTG CORP
  • First Mortgage Transaction Date: Aug 23, 1995
  • First Mortgage Loan Amount: $436,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2025

About Southwest San Francisco



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Frequently Asked Questions

What neighborhood is 318 San Marcos Avenue located in?
The 318 San Marcos Avenue is a located in the neighborhood of Forest Hill in Southwest San Francisco, San Francisco.
What is the average sales price for listings in 318 San Marcos Avenue?
The average sales price for units in 318 San Marcos Avenue is $0 currently.

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