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740 Bay Street

740 Bay Street, San Francisco, CA 94109
Property in Russian Hill
Sold Oct 22, 2021
$4,800,000
$3,000,000 by Axos Bank
Mortgage Due Nov 01, 2051
Sold Aug 05, 2014
$4,500,000
$3,375,000 by Citibank Na
Mortgage Due Aug 01, 2044
740 Bay 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 1900 and is 124 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 740 Bay Street has 3,560 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 1,375 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,438 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 740 Bay Street was last sold in Oct 13, 2021 for $4,800,000. According to our calculations, that's $1,348.31 per sqft. Prior to that sales transaction, the property was sold for $4,500,000 in Jul 30, 2014. Current property owners are expected to pay $57,412 in taxes per year. The property on 740 Bay Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,896,000. To break that down further, the land itself was valued at $2,692,800. While improvements to the property were assessed at a total of $2,203,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,438
  • Lot Size Depth Feet: 1,375
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,560
  • Gross Building Area: 3,560
  • Building Area: 3,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 50 VARA BL 261
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARNOTT JOHN K
  • Current Owner 2: CHANDRAN KEISHIA S
  • Previous Owner : BIOSKI HEIDI
  • Previous Owner 2: ALLEN NATHAN JOHN
  • Owner Before Previous Owner: 740 BAY STREET LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 010202

Zoning

  • Zoning: RH3

Geography

  • Assessors Map Reference: 2-C2
  • Parcel: 0027-008
  • Block: 27
  • Lot: 8
  • Latitude: 37.8052
  • Longitude: -122.419

    Address

  • Full Address: 740 Bay St
  • Address - House Number: 740
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C020
  • 4-Digit Zip Code: 1330
  • Zip Code: 94109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,412
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 4,765,708
  • High Value: 5,894,744
  • Low Value: 3,636,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: AXOS BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,896,000
  • Assessed Land Value: $2,692,800
  • Assessed Improvements Value: $2,203,200

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11862013233
  • Current Sale Price: $4,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021161097
  • Previous Sale Recording Date: Aug 05, 2014
  • Previous Sale Contract Date: Jul 30, 2014
  • Previous Sale Amount: $4,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXOS BANK
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Aug 05, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $3,375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Northeast San Francisco



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Frequently Asked Questions

What neighborhood is 740 Bay Street located in?
The 740 Bay Street is a located in the neighborhood of Russian Hill in Northeast San Francisco, San Francisco.
What is the average sales price for listings in 740 Bay Street?
The average sales price for units in 740 Bay Street is $0 currently.

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