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$2,500,000

Beds
3
Baths
2.0
sq ft
1,463

3412 Market St, San Francisco, CA 94114

3412 Market St

San Francisco, CA 94114

  • 50 days on market
A sophisticated Upper Market masterpiece with unparalleled views of the San Francisco's skyline from all levels. Nestled high on a hill at the heart of San Francisco, this extraordinary single-family home offers a perfect blend of traditional charm, modern conveniences, and exquisite craftsmanship. Featuring a modern open floor plan with three bedrooms and two bathrooms spanning over two levels with two large decks at front and rear of the property. The upper level boasts a chef's kitchen, spacious dining area, pantry closet, large breakfast nook, two fireplaces, laundry area and hardwood floors throughout. The primary bathroom suite has been updated and includes a jacuzzi tub. The expansive rear deck with an abundance of space is ideal for entertaining and family gatherings alike. The lower level consists of an ensuite bedroom with a third fireplace, additional family room, and separate private entry. The front deck with a bubbling hot tub and unobstructed views of the San Francisco skyline completes this ideal home. Additionally, the lot is zoned RH-2 with previously approved plans and permits to for a second multi-level residence at the back of the lot. An incredibly rare opportunity for potential further development of that property.

Details

Property type

Single Family Residence

Est. home value

$1,735,174

Property condition

Updated/Remodeled

Lot size

2,077.812 sq ft

Price per sq ft

$1,709

Year built

1904

Price History

07/28/2024
SFAR

SFAR #424052698

Listed
$2,500,000
+42.94%
03/19/2024
SFAR

SFAR #424010008

Removed
$1,749,000
02/22/2024
SFAR

SFAR #424010008

Listed
$1,749,000

Schools & Community

Neighborhood: 

Twin Peaks

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

$1,910,958
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$389,042
Cash to seller
$1,910,958

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

Seller’s Loan History

Lender

Hall Mortgage Fund Lp

Loan start date

August 2022

Original loan amount

$1,200,000

Est. remaining balance

$389,042

Interest rate

5.81%

Loan type

New Conventional, 3 year

Seller

Renee Alexandria Smith and The Wtf Revocable Trust

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: 09/16/2024 at 12:15 PM

Listing updated: 08/28/2024 at 12:25 PM

Listed by: Piotr P. Hutyra, Asia Pacific Groups

MLS: SFAR #424052698

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