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$899,000

Beds
1
Baths
1.0
sq ft
1,137

221 Clara St Unit 8, San Francisco, CA 94107

221 Clara St Unit 8

San Francisco, CA 94107

  • 19 days on market
Discover urban sophistication in this fantastic penthouse corner loft located at 221 Clara Street, Unit 8, in the vibrant SOMA neighborhood of San Francisco. This beautifully updated top-floor residence spans 1,137 square feet, offering a modern and spacious living experience. Awash in natural light, this one-bedroom, one-and-a-half-bathroom home features an open kitchen equipped with stainless steel appliances, including a range, refrigerator, and a newly upgraded dishwasher. The granite kitchen counters provide a sleek and functional workspace, perfect for culinary enthusiasts. The living area is enhanced by a skylight, adding to the bright and airy ambiance. Step out onto the shared roof deck and take in the stunning city views or enjoy the common roof deck for a panoramic perspective of the skyline. The home comes with smart upgrades such as blinds, door locks, and a ceiling fan, ensuring comfort and convenience. Internet is included, making it easy to stay connected. The seller, a PlayStation Engineer, has installed a complete AV package, which he hopes the future owner will enjoy. Additional amenities include a garage for secure parking. This home is a perfect blend of style and functionality, offering a unique opportunity to live in a dynamic neighborhood.

Details

Property type

Condominium

Est. home value

$897,395

Property condition

Updated/Remodeled

Lot size

6,908.616 sq ft

Price per sq ft

$791

Year built

2000

Monthly HOA fee

$650

Price History

10/31/2024
SFAR

SFAR #424077269

Listed
$899,000
-7.79%
09/06/2018
SFAR

SFAR #471784

Sold
$975,000
+96.97%
10/07/2003
SFAR

SFAR #255743

Sold
$495,000
+1.85%

Schools & Community

Neighborhood: 

South of Market

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

14

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

$154,877
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$672,203
Cash to seller
$154,877

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$705,000

Est. remaining balance

$672,203

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Dean Joel Sofer

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: 11/19/2024 at 1:30 AM

Listing updated: 11/17/2024 at 7:06 AM

Listed by: Cooper Gaines, Compass

MLS: SFAR #424077269

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