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56 Garnett Terrace

56 Garnett Terrace, San Francisco, CA 94124
Property in Bayview
Sold Dec 11, 2023
$880,000
$440,000 by First-citizens Bank & Trust Co
Mortgage Due Jan 01, 2054
Sold Jul 11, 2018
$760,000
$453,000 by Stearns Lending Llc
Mortgage Due Jul 01, 2048
Local assessors in San Francisco, CA have categorized 56 Garnett Terrace as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 1,306 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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, 56 Garnett Terrace sold most recently in Nov 18, 2023 for a total of $880,000. Before that, the property was also sold for $760,000 in Jun 23, 2018. 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 $10,157 in taxes each year. 56 Garnett Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $814,870. If we break it down further, the land itself was valued at $407,435. Improvements to the property, however, were assessed at a total of $407,435. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,306
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF GARNETT TERRACE
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 23

Ownership

  • Current Owner : ALBERTI MAHOGANY
  • Previous Owner : HUANG JIAN NING
  • Previous Owner 2: XIAO MEI
  • Owner Before Previous Owner: ROBERT W LI W
  • Owner Before Previous Owner 2: ROBERT KAN MAN YU LI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 023102

Zoning

  • Zoning: RH2

Geography

  • Parcel: 4713-023
  • Block: 4713
  • Lot: 23
  • Latitude: 37.7328
  • Longitude: -122.382

    Address

  • Full Address: 56 Garnett Ter
  • Address - House Number: 56
  • Address - Street Name: Garnett
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C019
  • 4-Digit Zip Code: 2572
  • Zip Code: 94124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,157
  • Tax Rate Code Area: 01-003

    Appraisal Valuation

  • Standard Deviation: 0.1144
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 88
  • Final Value: 971,801
  • High Value: 1,083,058
  • Low Value: 860,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Loan Amount: $440,000
  • 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, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,870
  • Assessed Land Value: $407,435
  • Assessed Improvements Value: $407,435

    Sales

  • Current Sale Contract Date: Nov 18, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Transaction ID: 11918110570
  • Current Sale Price: $880,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 99669
  • Previous Sale Recording Date: Jul 11, 2018
  • Previous Sale Contract Date: Jun 23, 2018
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 11, 2023
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054
  • Second Mortgage Transaction Date: Dec 11, 2023
  • Second Mortgage Loan Amount: $440,000
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jul 11, 2018
  • Previous Mortgage Loan Amount: $453,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 56 Garnett Terrace located in?
The 56 Garnett Terrace is a located in the neighborhood of Bayview in Southeast San Francisco, San Francisco.
What is the average sales price for listings in 56 Garnett Terrace?
The average sales price for units in 56 Garnett Terrace is $0 currently.

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