tomo logo

$2,399,990

Beds
4
Baths
2.5
sq ft
2,336

244 16th Ave, San Francisco, CA 94118

244 16th Ave

San Francisco, CA 94118

  • 3 days on market
    • Open house Nov 16
Incredible opportunity to own this fixer upper with endless potential. Full architectural plans available. Stately residence, originally built in 1914 with light-filled living spaces and period features still intact. Excellent Inner Richmond location with easy access to shopping, dining, public transportation, The Presidio and Golden Gate Park. Approximately 2,336 square feet of total living space arranged over 4 levels. 4 bedrooms, 2 full bathrooms and 1 half-bath. Living room with fireplace, formal dining room, grand staircase and original hardwood floors just waiting to be restored to their former glory. Main level has living room, formal dining room and kitchen. Second level features 3 bedrooms and a full bath. Third level has an impressive master suite and full bath with a bonus space that could easily be utilized as a large walk in closet. Lower-level basement has access to a workshop area, half-bath and tandem parking garage. Expansive rear yard with full fencing and lawn, just waiting to be landscaped.

Details

Property type

Single Family Residence

Est. home value

$2,348,522

Property condition

Fixer

Lot size

3,450 sq ft

Price per sq ft

$1,028

Year built

1914

HOA

No

Price History

11/13/2024
SFAR

SFAR #424079652

Listed
$2,399,990
+9.09%
05/25/2023
SFAR

SFAR #423732848

Sold
$2,200,000
-2.65%
06/10/2020
SFAR

SFAR #497197

Sold
$2,260,000

Schools & Community

Neighborhood: 

Central Richmond

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,421,831
Asking price
$2,399,990
Closing costs (~8% of asking)
-$191,999
Est. remaining loan balance
-$786,160
Cash to seller
$1,421,831

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2023

Original loan amount

$800,000

Est. remaining balance

$786,160

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Predrag Petkovic and Kimberly Elizabeth Barrio

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: 11/16/2024 at 3:45 PM

Listing updated: 11/15/2024 at 2:51 PM

Listed by: Harold Deblander, Sotheby's International Realty

MLS: SFAR #424079652

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