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3942 Folsom Street

3942 Folsom Street, San Francisco, CA 94110
Sold Jun 06, 2019
$2,210,000
$1,245,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2049
Sold Dec 02, 2015
$1,800,000
$1,620,000 by Sofi Lending Corp
Mortgage Due Dec 01, 2045
3942 Folsom Street 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 1908 and is 116 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3942 Folsom Street has 1,536 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 700 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 1,750 square feet.

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. The property was last sold in May 30, 2019 for $2,210,000. That's $1,438.80 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 2015 for $1,800,000. 3942 Folsom Street was last assessed in 2023. The total value of the property was assessed at $2,369,561. Specifically, the land the property is located on was valued at $1,658,694. While improvements on the property were assessed at a total of $710,867. 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 $28,056. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,750
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIFT MAP #2
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEAKE JOHANNA STEINBERGER
  • Current Owner 2: LEAKE MATTHEW COHEN
  • Previous Owner : SHEPHERD P SMITH & JESSICA ST CLAIR SMIT
  • Owner Before Previous Owner: GROWTH EQUITY PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 025402

Zoning

  • Zoning: RH1

Geography

  • Assessors Map Reference: 14-C2
  • Parcel: 5703-008
  • Block: 5703
  • Lot: 8
  • Latitude: 37.7377
  • Longitude: -122.414

    Address

  • Full Address: 3942 Folsom St
  • Address - House Number: 3942
  • Address - Street Name: Folsom
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C030
  • 4-Digit Zip Code: 6138
  • Zip Code: 94110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,056
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 1,982,778
  • High Value: 2,478,029
  • Low Value: 1,487,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,245,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 06, 2019
  • First Open Lien Mortgage Loan Amount: $1,245,000
  • 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: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,369,561
  • Assessed Land Value: $1,658,694
  • Assessed Improvements Value: $710,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11619555571
  • Current Sale Price: $2,210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: K779269
  • Previous Sale Recording Date: Dec 02, 2015
  • Previous Sale Contract Date: Nov 18, 2015
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $1,245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SOFI LENDING CORP
  • Previous Mortgage Transaction Date: Dec 02, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,620,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2045

About Southeast San Francisco



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Nearby Rentals

Unit for rent at

$1,350 /mo

  • Loft
  • 1 Bath
Listing by Manager
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 3942 Folsom Street located in?
The 3942 Folsom Street is a house located in the neighborhood of Bernal Heights in Southeast San Francisco, San Francisco.
What is the average sales price for listings in 3942 Folsom Street?
The average sales price for units in 3942 Folsom Street is $1,995,000 , or $1,282/sqft. currently.

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