RealKey
‪(213) 433-7766‬

301 Crescent Court 3214, San Francisco, CA 94134, San Francisco, 94134 - 2 bed, 2 bath

301 Crescent Court 3214, San Francisco, CA 94134 home-pic-0
ACTIVE$589,000
301 Crescent Court 3214, San Francisco, CA 94134
2Beds
2Baths
1,156Sqft
114,415Lot
Year Built
2007
Close
-
List price
$589K
Original List price
-
Price/Sqft
$510
HOA
$885
Days on market
-
Sold On
-
MLS number
425030958
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $589.0K(17th), sqft - 1156(50th), beds - 2(50th), baths - 2(50th).

A beautiful move in ready 2 bedrooms, 2 baths Below Market Rate housing opportunity available at 120% Area Median Income (AMI). Maximum income for 2 people = $149,650; 3 = $168,300; 4 = $187,000 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. The unit will be available on a first come first served basis starting on 6/5/2025 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y000004jaWTEAY to view the listing and for application & program info. Fair Housing Opportunity. One of the largest units in the building. High ceiling. Bright and spacious living room with private patio. Gated community with 24-hour security. Easy freeway access. Owner has paid off one-time special assessment about $37K.

Price History

Date
Event
Price
03/18/25
Price Change
$589,000
08/31/07
Sold
$371,500
Condition Rating
Good
The property was built in 2007, making it 17 years old, which falls within the 'Good' score's age range. It is described as 'move-in ready' and appears well-maintained. The kitchen features stainless steel appliances and granite-look countertops with wood cabinetry, which are functional and in good condition, though their style reflects the original build year. One bathroom has a standard tub/shower combo and a vanity consistent with the property's age, while the second bathroom boasts a more modern walk-in shower with contemporary tiling and fixtures, indicating a partial update. Overall, the property is in solid, functional condition with minimal wear and tear, requiring no immediate renovations, aligning with the 'Good' rating.
Pros & Cons

Pros

Exceptional Value (BMR): The list price of $589,000 for a 2-bed, 2-bath condo in San Francisco, facilitated by the Below Market Rate program, represents a significant financial advantage for eligible buyers.
Modern & Well-Maintained: Built in 2007 and described as 'move-in ready,' indicating a relatively new and well-kept property.
Spacious and Bright Living: Features 'one of the largest units in the building,' 'high ceiling,' and a 'bright and spacious living room with private patio,' enhancing comfort and appeal.
Enhanced Security & Community: Located within a 'gated community with 24-hour security,' offering residents peace of mind and a secure environment.
Significant Cost Savings: The previous owner has already paid off a substantial $37,000 special assessment, eliminating a potential future expense for the new buyer.

Cons

Strict Eligibility & Program Restrictions: This is a Below Market Rate (BMR) unit with stringent requirements including income limits, first-time homebuyer status, and ongoing resale controls and monitoring by MOHCD, significantly limiting the pool of potential buyers and future flexibility.
High Monthly Association Fee: The association fee of $885 per month is substantial and adds a significant recurring cost to homeownership, which could impact affordability even with the BMR price.
Delayed Availability & First-Come, First-Served: The unit will only be available starting June 5, 2025, on a first-come, first-served basis, which means a considerable waiting period and potential competition for interested buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state