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$649,000

Beds
1
Baths
1.0
sq ft
659

338 Potrero Ave Unit 406, San Francisco, CA 94103

338 Potrero Ave Unit 406

San Francisco, CA 94103

  • 101 days on market
    • Price drop $46,000↓
    • Open house Nov 03
**Inquire about Seller's assumable 30 year fixed rate loan at 2.625%! Very rare opportunity that cannot be found at today's rates** Welcome to Unit 406 at Rowan - a sleek 1 bedroom plus den condo perfectly suited for modern living! Built in 2016, Rowan is known for its exoskeleton, allowing the units to be largely column-free, creating clear sight lines and walls of floor-to-ceiling windows. This design is exemplified in the open concept kitchen, dining, and living areas that flow towards a wall of glass that opens to the Juliette balcony overlooking the city skyline. The bedroom takes advantage of these city views, while being a private retreat that leads to the updated, spa-like bathroom. The den offers much flexibility with its sliding barn door and is ideal for working from home or as a guest bedroom. Completing this home are in-unit washer and dryer, a Nest thermostat for controlling heat and A/C, and a large storage unit. The building features an expansive rooftop deck, zen garden, bike storage, attended front lobby, and support for fiber internet. With a 96 Walk Score, the City is at your fingertips, with nearby favorites including The Morris, Lost Resort, Ernest, Gus's Community Market, Tartine Manufactory, Whole Foods, and much more. Welcome home!

Details

Property type

Condominium

Est. home value

$718,156

Property condition

Updated/Remodeled

Lot size

0.2583 acres

Price per sq ft

$985

Year built

2016

Monthly HOA fee

$682

Price History

10/29/2024
SFAR

SFAR #424052128

Listed
$649,000
09/30/2024
SFAR

SFAR #424052128

Pending
$649,000
08/21/2024
SFAR

SFAR #424052128

Price change
$649,000
-6.62%

Schools & Community

Neighborhood: 

Mission

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

70

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

$77,345
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$519,735
Cash to seller
$77,345

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

January 2021

Original loan amount

$568,200

Est. remaining balance

$519,735

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Bing Jiang

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: 11/03/2024 at 4:25 AM

Listing updated: 11/02/2024 at 12:56 AM

Listed by: Bradley W. Joe, Compass

MLS: SFAR #424052128

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