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$460,894

Beds
1
Baths
1.0
sq ft
545

888 7th St Unit 231, San Francisco, CA 94107

888 7th St Unit 231

San Francisco, CA 94107

  • 4 days on market
    • Open house Apr 06
1 Bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person= $104,900; 2 people = $119,900; 3 = $134,850; etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, April 1, 2025. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on April 22, 2025 at 5:00 PM. OPEN HOUSE: 4/6/25 @ 2-4pm; 4/10/25@5-7 pm; 4/19/25@1-3 pm. Fair Housing Opportunity.

Details

Property type

Condominium

Est. home value

$393,421

Lot size

2.1873 acres

Price per sq ft

$846

Year built

2007

Monthly HOA fee

$532

Price History

04/01/2025
SFAR

SFAR #425025217

Listed
$460,894
+29.37%
08/03/2018
SFAR

SFAR #470325

Sold
$356,261

Schools & Community

Neighborhood: 

South of Market

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Francisco

Number of units in community: 

1

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

$193,183
Asking price
$460,894
Closing costs (~8% of asking)
-$36,872
Est. remaining loan balance
-$230,839
Cash to seller
$193,183

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

July 2021

Original loan amount

$251,000

Est. remaining balance

$230,839

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Nancy Li

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?

Status: Active

Tomo last checked: 04/06/2025 at 9:30 AM

Listing updated: 04/03/2025 at 1:06 AM

Listed by: Stephanie O. Mates, Sequoia Real Estate

MLS: SFAR #425025217

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