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$849,000

Beds
2
Baths
1.0
sq ft
750

1563 48th Ave Unit 1, San Francisco, CA 94122

1563 48th Ave Unit 1

San Francisco, CA 94122

  • 38 days on market
Prime Outer Sunset location just a few blocks from Ocean Beach, Golden Gate Park, Beach Chalet, Judah Street MUNI lines, and 46th Ave public transportation. Enjoy easy access to great eateries and coffee shops on Noriega, Judah, and Irving Streets, just three blocks away! This move-in ready unit is situated on the mid-floor front, east-facing side of a self-managed 3-unit building from the 1990s. It features an updated kitchen with a breakfast bar, a spacious open living and dining area, two bedrooms, a full bath, and in-unit washer & dryer. The ground floor offers a full garage with three parking spaces for the building and ample designated storage space. This unit comes with one designated parking spot (front right). Enjoy the shared yard with the other two units. The HOA dues are extremely low, just over $200 per month, covering water, garbage, and building insurance. This is the perfect opportunity to live next to the beach without paying exorbitant prices!

Details

Property type

Condominium

Est. home value

$810,576

Property condition

Updated/Remodeled

Lot size

3,027.42 sq ft

Price per sq ft

$1,132

Year built

1992

Monthly HOA fee

$210

Price History

05/29/2024
SFAR

SFAR #424037309

Listed
$849,000
-4.61%
11/26/2019
SFAR

SFAR #491450

Sold
$890,000
+23.44%
07/28/2017
SFAR

SFAR #459669

Sold
$721,000

Schools & Community

Neighborhood: 

Outer Sunset

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

3

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

$141,305
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$639,775
Cash to seller
$141,305

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

February 2023

Original loan amount

$650,000

Est. remaining balance

$639,775

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Wen Tao Chen and Kristy Ung

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: 07/06/2024 at 12:10 PM

Listing updated: 06/08/2024 at 4:25 AM

Listed by: Jason C. Chan, BarbCo

MLS: SFAR #424037309

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