- 4 - (6) 2000 Beach Street, an 18-unit apartment building (2000 Beach) (7) 101 Capra Way, a 15-unit apartment building, wherein decedent owned a 50-percent interest (101 Capra) (8) 3737 Fillmore Street, a 15-unit apartment building, wherein decedent owned a 50-percent interest (3737 Fillmore) (9) 1359-61 Bay Street, a duplex house, wherein decedent owned a 50-percent interest (1359 Bay) All of the above properties are located in the Marina District of San Francisco, California. The Marina District is one of several desirable districts in which to reside in San Francisco. The 101 Capra, 3737 Fillmore, and 1359 Bay properties (collectively, the fractional interest properties) were held by decedent and Mr. Brocato as tenants in common during their lives, each owning a 50-percent interest. The parties agree that the values of decedent’s interests in the nine properties before applying discounts are as follows: (1) 25 Cervantes $1,640,000 (2) 3637 Fillmore 1,293,000 (3) 2395 Francisco 1,058,000 (4) 15 Alhambra 914,000 (5) 2360 Chestnut 2,875,000 (6) 2000 Beach 1,173,000 (7) 101 Capra 619,000 (8) 3737 Fillmore 593,000 (9) 1359 Bay 267,000 Total 10,432,000 The Closing Letter On the return filed June 30, 1994, petitioner reported the value of the Brocato properties based on an appraisal report byPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011