Posting Date

3/26/18

Type of Unit

City Second Loan Program

Market Rate Program with No Resale Restrictions

Development Name

Parkview Heights

Address

24 Blair Terrace, San Francisco, CA 94107

# Bedroom

2

# Bathroom

1.25

Square footage

956

Maximum Income Level of Applicants

120% of Area Median Income

1 Person -$96,850

2 Person-$110,700

3 Person-$124,500

4 Person-$138,350

5 Person-$149,400

6 Person-$160,500

Asking Price

$849,000

Offer Price

(City Second borrower must be able to match the offer price)

$1,010,000

Application Period

Closed

Date Right of First Refusal Starts

4/5/18

Date Right of First Refusal Ends

5/20/18

Maximum City Second Downpayment Assistance Loan Amount

Up to $375,000 available for City Second Units based on funding availability.

2017 DALP pre-approved homebuyers can utilize their DALP assistance for the purchase of this property and are welcomed to submit an offer.   All program eligibility requirements must be met.

Minimum Downpayment Required Based on Offer Price

$50,500

Parking

Yes for 1 car

Monthly Homeowner Dues

$249

Contact Person:

Susan McBride

Phone:

415-609-7222

Email:

susantri@aol.com

MSL Link:

View Listings

Open House: 

Saturday, 3/31  2:00pm-4:00pm

Sunday, 4/1      2:00pm-4:00pm

Tuesday, 4/3     2:30pm-4:00pm

Special Remark:

City Second Loan is available for qualified buyers on a first come, first serve basis. 

The Property is subject to the City’s Grant of Right of First Refusal Agreement. New and all subsequent buyers will enter into a Grant of Right of First Refusal with the City.  For more information please visit our websitehttp://sfmohcd.org/city-second-loan-program