Mission Dolores Tenancy in Common Sales July 2011

Two T.I.C. properties sold in the Mission Dolores during the month of July. Details for these transactions are below.

570 Guerrero Street #3

Located on Guerrero at 18th Street, this 1BR/1BA tenancy in common sold on July 6, 2011. It was originally listed at $399,000 and 6 weeks later its price was reduced to $379,000. 32 Days after the price reduction it attracted a buyer and later sold for $371,700, representing $602 per square foot. This flat is located in a six-unit Edwardian building. Features include an updated kitchen with stainless steel appliances and granite countertops, a fireplace, on-site laundry room, and access to a shared backyard garden. Homeowner’s association dues at the property are $250 per month.

This T.I.C. sold with fractional financing from Sterling Bank.


12 Dearborn Street

Sold on July 15, 2011 for $535,000 representing $669 per square foot, this 2BR/1BA T.I.C. is located on Dearborn Street at 17th. It was on the market for 12 days before attracting a buyer and going under contract. The sale was finalized 32 days later and sold for $15,000 under its list price of $550,500. This renovated flat is located on the second floor of a nine-unit Edwardian building. It features an in-unit washer & dryer, stainless steel appliances, hardwood floors, access to a rooftop deck and a garage parking space. H.O.A. dues at the property are $245 per month.

Fractional financing for this tenancy in common residence was provided by Sterling Bank.

 

Feel free to give us a call at (415) 829-2996 for more information or to inquire about homes currently for sale in the Mission Dolores neighborhood.

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