tomo logo

$2,499,000

Beds
5
Baths
3.0
sq ft
2,445

2618 Balboa St, San Francisco, CA 94121

2618 Balboa St

San Francisco, CA 94121

  • 72 days on market
    • Price drop $196,000↓
2618 + 2618A Balboa St. is a rare opportunity to own a luxury 3 bed/2 bath main residence + 2 bed/1 bath additional dwelling unit in the heart of the Richmond District. These residences offer an array of customization, from architectural entryways to custom millwork, providing for a unique living space that is both comfortable & elegant. Both the main residence and ADU offer grand scale great rooms and are a remarkable refuge from the bustling city, boasting large open living/dining areas. The impressive kitchens offer architectural details, an abundance of storage & professional grade Thermador appliances. This property has exclusive access to the lovely landscaped walk-out garden escape complete with a built-in trampoline!

Details

Property type

Condominium

Property condition

Updated/Remodeled

Lot size

3,125 sq ft

Price per sq ft

$1,023

Year built

1924

Monthly HOA fee

$669

Price History

11/14/2024
SFAR

SFAR #424065104

Price change
$2,499,000
-7.27%
09/13/2024
SFAR

SFAR #424065104

Listed
$2,695,000
-3.75%
06/24/2024
SFAR

SFAR #424013536

Removed
$2,800,000

Schools & Community

Neighborhood: 

Central Richmond

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

2

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

$602,058
Asking price
$2,499,000
Closing costs (~8% of asking)
-$199,920
Est. remaining loan balance
-$1,697,022
Cash to seller
$602,058

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

February 2020

Original loan amount

$1,873,000

Est. remaining balance

$1,697,022

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Liam Finnegan and Sanam Madani Finnegan

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?

Similar Homes Nearby

Price drop
BridgeMLS
$2,295,000
5 bd
|
3.5 ba
|
2,915 sq ft
|
Townhouse

371 16th Ave, San Francisco, CA 94118

SFAR
$2,495,000
5 bd
|
3.5 ba
|
3,470 sq ft
|
House

30 Constanso Way, San Francisco, CA 94132

SFAR
$2,395,000
3 bd
|
3 ba
|
2,210 sq ft
|
Condo

162 9th Ave, San Francisco, CA 94118

Status: Active

Tomo last checked: 11/23/2024 at 4:55 PM

Listing updated: 11/18/2024 at 11:46 AM

Listed by: Frank A. Nolan, Vanguard Properties

MLS: SFAR #424065104

SFAR logo

Recently listed in San Francisco