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$348,000

Beds
Unknown
Baths
1.0
sq ft
520

631 Ofarrell St Unit 807, San Francisco, CA 94109

631 Ofarrell St Unit 807

San Francisco, CA 94109

  • 81 days on market
    • Price drop $30,000↓
Welcome home to this coveted corner unit at The Hamilton. Positioned on the west side of the 8th floor, this studio is flooded with natural light from two sides, with dramatic city views through multiple oversized windows that span out and over the rooftops of downtown SF. Classic details, with an updated kitchen, full bath, walk in closet, and large sleeping alcove. Located within a stunning art deco building, The Hamilton offers residents a list of amenities that include a 24 hour front desk attendant, a 16th floor observation deck, fitness center, on site laundry, ballroom, community kitchen, and a breathtaking welcome lobby and courtyard. Located in downtown SF you're just a few blocks away from some of the city's most amazing restaurants, cafes, and shopping. HOA dues include heat, water, electric, and trash.

Details

Property type

Condominium

Est. home value

$365,288

Lot size

0.4233 acres

Price per sq ft

$670

Year built

1930

HOA fee

$807

Price History

11/03/2024
SFAR

SFAR #424036858

Price change
$348,000
-7.94%
08/16/2024
SFAR

SFAR #424036858

Listed
$378,000
+6.48%
07/06/2023
SFAR

SFAR #423740193

Sold
$355,000

Schools & Community

Neighborhood: 

Tenderloin

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

186

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

$5,611
Asking price
$348,000
Closing costs (~8% of asking)
-$27,840
Est. remaining loan balance
-$314,549
Cash to seller
$5,611

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

Seller’s Loan History

Lender

Bank Of The West

Loan start date

June 2023

Original loan amount

$319,500

Est. remaining balance

$314,549

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Kathleen Borrowman

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: 11/05/2024 at 1:15 PM

Listing updated: 11/03/2024 at 7:56 AM

Listed by: Daniel A. Fernandez, Compass

MLS: SFAR #424036858

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