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503 Hoffman Avenue

503 Hoffman Avenue, San Francisco, CA 94114
Property in Noe Valley
Sold Jun 29, 2023
$1,270,000
Local assessors in San Francisco, CA have categorized 503 Hoffman Avenue as a residential type of property. The home was built in 1908 and is 116 years old. The property's lot size has been calculated to be 1,947 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 503 Hoffman Avenue has a total of 840 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, 503 Hoffman Avenue sold most recently in Jun 23, 2023 for a total of $1,270,000. If you work out the math, that's approximately a cost of $1,511.90 per sqft. 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 $1,985 in taxes each year. 503 Hoffman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,411. If we break it down further, the land itself was valued at $59,482. Improvements to the property, however, were assessed at a total of $55,929. 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.

Building Features

Exterior

Wood Siding
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: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,947
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOE GARDEN HOMESTEAD UNION
  • Land Acres: 0.045
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP F4 66

Ownership

  • Current Owner : DIAKITE ADRIANA ROKIATOU
  • Current Owner 2: TOBIN JAMES PAUL
  • Previous Owner : BARBARA K MARTIN 2009 TRUST
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 021300

Zoning

  • Zoning: RH2

Geography

  • Assessors Map Reference: 14-A1
  • Parcel: 6543-007
  • Block: 6543
  • Lot: 7
  • Latitude: 37.7489
  • Longitude: -122.44

    Address

  • Full Address: 503 Hoffman Ave
  • Address - House Number: 503
  • Address - Street Name: Hoffman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C021
  • 4-Digit Zip Code: 3515
  • Zip Code: 94114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,985
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.267
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,292,320
  • High Value: 1,637,479
  • Low Value: 947,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,411
  • Assessed Land Value: $59,482
  • Assessed Improvements Value: $55,929

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11909080987
  • Current Sale Price: $1,270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 46386

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $1,016,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

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Frequently Asked Questions

What neighborhood is 503 Hoffman Avenue located in?
The 503 Hoffman Avenue is a located in the neighborhood of Noe Valley in Southwest San Francisco, San Francisco.
What is the average sales price for listings in 503 Hoffman Avenue?
The average sales price for units in 503 Hoffman Avenue is $0 currently.

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