“As our economy continues to recover and the San Francisco housing market follows suit, many home owners have had success with reducing their San Francisco Property Taxes.  “How?”, you may ask, given property taxes are based on the last sales price of the property and are rarely adjusted by the city?  Here’s a quick and dirty explanation:

1. If you own a home and it’s your primary residence, you may apply for a $7,000 exemption from your assessed value.  New property owners will receive an application automatically with their supplemental assessment bill. Existing property owners should first confirm they were not granted this exemption on their current bill.  If you are not receiving it, you can call the SF Assessment Board at 415.564.5542.
2. Can you lower your property tax base due to market value decline? There have always been a variety of ways to lower your tax base.  Disaster relief, builder’s exclusion, veteran’s exemption, exclusions/exemptions for parent to child change in ownership and several others.  With the volatile market, the Assessment office will review individual owner’s requests to reduce their tax base.  The first step is contacting the Valuation Division – 415.554.5596.  If a reduction is “justified,” the value will be reduced.  If the Valuation Division doesn’t agree, an owner can apply to the Assessment Appeals Board for relief.  If you file an assessment appeal on an existing value, you have to file with the County Assessment Appeals Board (City Hall – Room 405).”

…Read this article and more in the new issue of MarketTracker, courtesy of Zephyr Real Estate. Also in this issue:

Most Recent Sales
San Francisco Market Overview
A Peek at Potrero Hill
Bay Area News Bites – Dolores Park, SF Airport, America’s Cup, San Francisco 49ers

Want Zephyr Market Tracker in your inbox every 2 weeks? Sign up for local San Francisco real estate updates via RSS or email delivery for neighborhoods like Noe Valley, Bernal Heights, Hayes Valley, Mission Bay, Mission Dolores and all SF neighborhoods?

361-363 Elsie Street — Condominiums

SUNDAY OPEN HOUSE — Sunday, February 5th, 12:00-1:30PM

Brokers’ Tour — Tuesday, February 7th, 2:30-4:00PM

Our fabulous Bernal Heights San Francisco luxury condo listings are still available and at great new prices! These won’t last for long so come take a look and spread the word to any friends or family who might also be interested. We’ll be open early so you can still enjoy the Super Bowl

Check out this week’s list of new Zephyr Real Estate listings for sale in San Francisco.

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?

Sunnyside Home

225 Detroit Street, Single Family Home

Brokers’ Tour — Tuesday, October 11th, 1:00-2:30PM

SUNDAY OPEN HOUSE — Sunday, October 16th, 2:00-4:00PM

We are super excited about our new listing for sale - 25 Detroit Street San Francisco 94112, listed at $649,000 – Sunnyside Home for Sale- because it’s bright & spacious, has a great flow, a lovely yard and two garages!

WANT PHOTOS? VISIT THE PROPERTY WEBSITE FOR THIS SUNNYSIDE HOME.

Situated on a well-maintained, flat block in the Sunnyside neighborhood – walking distance to Glen Park Village – 225 Detroit St is perfectly situated to enjoy “single family home” living without leaving the fun and convenience of San Francisco.

With close proximity to freeways, BART, SFO and the South Bay, you’ll enjoy an easy commute whether to Downtown SF or Silicon Valley. Glen Park Village is wonderful, offering a public library, organic grocery store, cafes, shops, banks, and destination restaurants (Gialina Pizza, Le P’tit Laurent & more).

This single family home is spacious, bright and well-planned. The main level features hardwood floors throughout, formal living room, dining room, ½ bath & eat-in kitchen. The updated kitchen has new Quartz counter tops and an easy, open feeling. Enjoy direct access to the large, sunny deck & over-sized backyard. Soccer or volleyball, anyone? The upper level offers 2 good-sized bedrooms with custom closets & 1 full bathroom with shower over bathtub. There is plenty of storage & natural light throughout.

And now for the fun part…TWO GARAGES. The primary garage offers 1-car parking, laundry and plenty of storage. We’re told it’s easy to park a 2nd car in the driveway. The second garage is detached and set-up as an awesome home office, guest area, or home gym.

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Check out this week’s list of new Zephyr Real Estate listings for sale in San Francisco.

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?

Other resources:

• Search the entire San Francisco MLS.
• Get Market Tracker for SF real estate market stats and neighborhood information.
• Have a question or need some help buying or selling a home in San Francisco?