An $11M Presidio Heights Mansion Without A Garage (For Now)
Built in 1899 and having only traded hands a couple of times, the tax assessed value for the nearly 7,000 square foot home at 3636 Clay Street is currently $294,125.…
Property Tax Rate In San Francisco Set To Drop
Thanks to rising property values, the property tax rate for the City and County of San Francisco is slated to decrease from $1.1880 per $100 of assessed value in the…
Loophole In Bill To Close Prop 13 Loophole Removed
Designed to close a loophole in Proposition 13 which has allowed businesses to avoid property tax reassessments upon the purchase of a property, Tom Ammiano’s proposed Assembly Bill 2372 aims…
Bill To Close Proposition 13 Loophole Passed By State Assembly
As the State Senate revived a bill to freeze speculative evictions in San Francisco, the State Assembly passed a bill designed to expand the definition of a “change of ownership”…
Proposition 13 Pigs Have Grown Some Wings
Designed to protect long-term homeowners from a spike in property taxes as property values rise, California Proposition 13 freezes the tax assessed value of a property at its purchase price…
Listed For $30 Million In Pacific Heights
Having been on the market for almost a year for $30 million but not officially listed, the 13,500 square foot mansion on over half an acre of prime Pacific Heights…
San Francisco Property Tax To Increase, Where The Dollars Will Go
The Property Tax rate for the City and County of San Francisco is slated to increase 1.62 percent from $1.1691 per $100 of assessed value in the current Fiscal Year…
The Aliotos’ Towering Mansion Sells For Millions Under Asking, But Fifty-Two Times Their Purchase Price
Having hit the market asking $16,500,000 this past March, the list price for the Aliotos’ Pacific Heights home at 2898 Vallejo Street was reduced to $13,900,000 in April. This afternoon,…
With A Local Whale Landed, Another Mansion Is Reduced
As we wrote about 2901 Broadway this past January: With 1,727 days on the market, the list price for 2901 Broadway has just been reduced another $7,000,000, now asking $38,000,000…
Now Asking $38M (And Still Contributing Under $8K In Taxes Per Year)
As we reported when the list price for 2901 Broadway was reduced to $45,000,000 in 2009: It was the 2007 Decorator Showcase Home and has been on the market for…