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$1,100,000

Beds
2
Baths
3.0
sq ft
940

697 Rhode Island St, San Francisco, CA 94107

697 Rhode Island St

San Francisco, CA 94107

  • 37 days on market
    • Price drop $100,000↓
    • Open house Nov 23
Welcome to 697 Rhode Island Street, a unique gem nestled in the heart of San Francisco's desirable Potrero Hill neighborhood. This home offers an exciting opportunity for savvy buyers with a vision for potential. Enjoy breathtaking city vistas and stunning views of downtown San Francisco, Salesforce, Bay Bridge and East Bay views! The existing layout provides a fantastic opportunity to enhance the current footprint or build your dream custom home. The property's prime location ensures easy access to CalTrain, BART, SFO, UCSF, and highways 101 and 280, making your commute seamless. Enjoy the vibrant and bustling lifestyle with nearby shops and restaurants on 18th Street. Don't miss this unique chance to make 697 Rhode Island your own and experience the best of city living. Schedule a viewing today and envision your future in this exceptional location!

Details

Property type

Single Family Residence

Est. home value

$1,420,671

Property condition

Fixer

Lot size

1,873.08 sq ft

Price per sq ft

$1,171

Year built

1914

HOA

No

Price History

11/19/2024
SFAR

SFAR #424074573

Price change
$1,100,000
-8.33%
10/17/2024
SFAR

SFAR #424074573

Listed
$1,200,000
-8.4%
08/22/2018
SFAR

SFAR #472677

Sold
$1,310,000

Schools & Community

Neighborhood: 

Potrero Hill

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

$82,027
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$929,973
Cash to seller
$82,027

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2018

Original loan amount

$1,048,000

Est. remaining balance

$929,973

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

Nicholas Blumm and Naomi Hyun

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: 11/23/2024 at 1:20 AM

Listing updated: 11/19/2024 at 12:01 PM

Listed by: Cheryl A. Bower, Compass

MLS: SFAR #424074573

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