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348 Madison Street

348 Madison Street, San Francisco, CA 94134
Property in Excelsior
Sold Dec 29, 2021
$1,925,000
$1,540,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
Sold May 22, 2018
$1,807,000
$850,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2048
Local assessors in San Francisco, CA have categorized 348 Madison Street as a residential type of property. The home was built in 1914 and is 110 years old. The property's lot size has been calculated to be 2,996 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 348 Madison Street has a total of 2,129 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 Dec 15, 2021 for $1,925,000. That's $904.18 per sqft. Prior to that sales transaction, the property was also sold in May 15, 2018 for $1,807,000. 348 Madison Street was last assessed in 2023. The total value of the property was assessed at $1,963,500. Specifically, the land the property is located on was valued at $1,374,450. While improvements on the property were assessed at a total of $589,050. 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 $23,412. 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! 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: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 80
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,996
  • Total Building Area: 2,129
  • Gross Building Area: 2,129
  • Building Area: 2,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,129
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY EXT HOMESTEAD ASSN
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL ARPIT
  • Previous Owner : GWENDOLYN EVETTE WHITNEY LIVING TRUST
  • Owner Before Previous Owner: 9205 VENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 026002

Zoning

  • Zoning: RH1

Geography

  • Assessors Map Reference: 20-C1
  • Parcel: 5964-009
  • Block: 5964
  • Lot: 9
  • Latitude: 37.7247
  • Longitude: -122.422

    Address

  • Full Address: 348 Madison St
  • Address - House Number: 348
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C015
  • 4-Digit Zip Code: 1350
  • Zip Code: 94134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,412
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 1,675,032
  • High Value: 2,093,147
  • Low Value: 1,256,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,540,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,540,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,963,500
  • Assessed Land Value: $1,374,450
  • Assessed Improvements Value: $589,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11877479843
  • Current Sale Price: $1,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 190671
  • Previous Sale Recording Date: May 22, 2018
  • Previous Sale Contract Date: May 15, 2018
  • Previous Sale Amount: $1,807,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $1,540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 22, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Southeast San Francisco



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Frequently Asked Questions

What neighborhood is 348 Madison Street located in?
The 348 Madison Street is a located in the neighborhood of Excelsior in Southeast San Francisco, San Francisco.
What is the average sales price for listings in 348 Madison Street?
The average sales price for units in 348 Madison Street is $0 currently.

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