tomo logo

$839,000

Beds
1
Baths
1.0
sq ft
1,071

340 Ritch St Unit 7, San Francisco, CA 94107

340 Ritch St Unit 7

San Francisco, CA 94107

  • 6 days on market
Don't miss this incredible opportunity to secure a great deal now before other buyers return to the market. Priced to sell in as-is condition! Act quickly or wait until the building's waterproofing project is completed in March 2025 and pay full market value then! You can't beat its location - just one block from Oracle Park, Hyatt Place, MUNI, buses, Caltrain, the #280 freeway ramp, supermarkets, coffee shops, and popular dining spots! This quiet, bright penthouse offers approx. 1,000 sqft. with 1 bed and 1 bath. The main floor features over 16 ft ceilings, hardwood floors, and a full-width accordion door opening to a large south-facing terrace. A spacious dining area is perfect for entertaining. The updated chef's kitchen boasts a Bosch fridge, gas stove/range hood, quartz countertops, kitchen island, and ample storage. The laundry area includes a recently purchased Miele washer and dryer. Upstairs, the main bedroom offers space for a home office, yoga area, or gym. The updated bathroom adds a touch of luxury. The building features low HOA fees ($600) and a parking space with plenty of storage. Enjoy panoramic city views from the communal roof deck.

Details

Property type

Condominium

Est. home value

$1,083,961

Property condition

Updated/Remodeled

Lot size

3,950.892 sq ft

Price per sq ft

$784

Year built

1994

Monthly HOA fee

$600

Price History

02/15/2025
SFAR

SFAR #424050330

Listed
$839,000
-32.88%
05/04/2018
SFAR

SFAR #468254

Sold
$1,250,000
+31.58%
07/09/2015
SFAR

SFAR #433614

Sold
$950,000

Schools & Community

Neighborhood: 

South of Market

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

8

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

-$102,298
Asking price
$839,000
Closing costs (~8% of asking)
-$67,120
Est. remaining loan balance
-$874,178
Cash to seller
-$102,298

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

May 2021

Original loan amount

$949,704

Est. remaining balance

$874,178

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

India Hook Barnard and Travis J Barnard

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: 02/21/2025 at 1:25 PM

Listing updated: 02/21/2025 at 4:45 AM

Listed by: Tim An, City Real Estate

MLS: SFAR #424050330

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