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$995,000

Beds
2
Baths
1.0
sq ft
866

1228 Grove St Unit 2, San Francisco, CA 94117

1228 Grove St Unit 2

San Francisco, CA 94117

  • 82 days on market
    • Price drop $196,000↓
    • Open house Dec 22
Situated in the heart of one of San Francisco's most coveted neighborhoods, this enchanting Edwardian condominium in Alamo Square offers a blend of classic charm and modern convenience. The entire unit is light and airy, creating a warm and inviting atmosphere throughout. The home features two serene bedrooms, including a primary suite that boasts a huge cedar-lined closet and windows looking out to verdant trees, offering both ample storage and a soothing view. The beautifully appointed kitchen is a chef's delight, equipped with stainless steel appliances, sleek quartz countertops, ample cabinet space, and generous counter space perfect for preparing gourmet meals. The expansive living room, with windows framing lush greenery, provides a tranquil retreat to unwind. Additional features include new windows that enhance the home's brightness and an in-unit washer and dryer for ultimate convenience. Set on the quieter side of the building, this residence includes abundant closet space, a spacious storage room, and access to a peaceful shared garden. Located in a charming six-unit boutique building with low HOA fees, this home offers a unique sense of community and affordability. Step outside to discover a culinary paradise, with an array of nearby restaurants, cafes, and bars.

Details

Property type

Condominium

Est. home value

$1,056,075

Lot size

2,920 sq ft

Price per sq ft

$1,149

Year built

1917

Monthly HOA fee

$350

Price History

12/04/2024
SFAR

SFAR #424059277

Price change
$995,000
-5.15%
10/22/2024
SFAR

SFAR #424059277

Removed
$1,049,000
09/30/2024
SFAR

SFAR #424059277

Price change
$1,049,000
-11.92%

Schools & Community

Neighborhood: 

Alamo Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

6

Negotiation Insights

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

Seller could get up to

$40,047
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$875,353
Cash to seller
$40,047

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

February 2022

Original loan amount

$931,000

Est. remaining balance

$875,353

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Kara Teddi Barcelon

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: 12/21/2024 at 12:20 AM

Listing updated: 12/18/2024 at 10:26 AM

Listed by: Michelle K. Pender, Engel & Voelkers San Francisco

MLS: SFAR #424059277

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