tomo logo

$575,000

Beds
2
Baths
2.0
sq ft
1,063

101 Crescent Way Unit 2213, San Francisco, CA 94134

101 Crescent Way Unit 2213

San Francisco, CA 94134

  • 112 days on market
    • Price drop $20,000↓
2 bedroom Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI). Maximum income for 2 people = $138,350; 3 = $155,650; 4 = $172,900, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be available on a first come first served basis. To apply, Visit https://sf.gov/step-by-step/101-crescent-way-unit-2213 to view the listing and for application & program info. fair housing opportunity. MOHCD may grant one or more of the following one-time waivers* to applicants applying for this BMR unit: Increase qualifying AMI by up to 20%. Remove first-time homebuyer requirement. Exclude income from assets in the calculation. Adjust household size rules Allow homebuyer education completion after the initial application. Lower minimum financing requirements for buyers. *Temporary adjustments to the applicant's eligibility requirements will expire on 06/30/2025 unless further extended by MOHCD. For details on the temporary adjustments, view the program announcement.

Details

Property type

Condominium

Est. home value

$617,956

Lot size

0.9716 acres

Price per sq ft

$541

Year built

2001

Monthly HOA fee

$613

Price History

11/14/2024
SFAR

SFAR #424062873

Price change
$575,000
-3.36%
09/05/2024
SFAR

SFAR #424062873

Listed
$595,000

Schools & Community

Neighborhood: 

Bayview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

64

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City And County Of San Francisco

Loan start date

May 2023

Original loan amount

$5,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Commercial

Seller

Angela Chan

Lender

American Pacific Mortgage Corp

Loan start date

January 2021

Original loan amount

$248,000

Est. remaining balance

$191,182

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Angela Lai Chan

Lender

Flagstar Bank Fsb

Loan start date

March 2004

Original loan amount

$279,500

Est. remaining balance

$139,321

Interest rate

5.66%

Loan type

Not Provided, 30 year

Seller

Wah Hong Chan and Tammy Tan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/26/2024 at 12:15 PM

Listing updated: 11/14/2024 at 2:31 AM

Listed by: Yu Ying Huang, Sequoia Commercial Group

MLS: SFAR #424062873

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