111 MORGAN STREET
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Location
111 MORGAN STREET
Mblu
004/ 5748/ / /
Acct#
004-5748
Owner
FRG ELEMENT I LLC (8.1%) ET AL
Total Market Value
$52,850,000
Appraisal
$75,500,000
PID
189755
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$65,267,840$10,232,160$75,500,000
Assessment
Valuation YearImprovementsLandTotal
2025$45,687,490$7,162,510$52,850,000

Owner of Record
OwnerFRG ELEMENT I LLC (8.1%) ET AL
Co-OwnerFRG ELEMENT II LLC (41.9%)
Address44 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
Sale Price$78,000,000
Book & Page 12020/0019
Sale Date09/17/2018
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
FRG ELEMENT I LLC (8.1%) ET AL$78,000,00012020/00190009/17/2018
ELEMENT ONE LLC$9,420,00011185/03260002/24/2015
FIRST PRESBYTERIAN CHURCH OF STAMFORD$01021/00222507/30/1964

Building Information
Building 1 : Section 1
Year Built: 2015
Living Area: 229,644
Building Attributes
FieldDescription
Style:Lux Apt
ModelComm/Ind
GradeB+
Stories:7
Occupancy183.00
Exterior Wall 1Brick Vnr
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas/LP
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseApartment MDL-94
Total Rooms610
Total Bedrms260
Total Baths260
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallTypical
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
5.05 Story 35,739 178,695
6.06 Story 4,927 29,562
BASFirst Floor 14,855 14,855
FUSUpper Story, Finished 6,532 6,532
CTHCathedral Ceiling 5,014 0
PGAParking Garage above Grade 0 0
PGBBasement Parking Garage 0 0
   67,067 229,644

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGAParking Garage Abov32075.00 S.F$2,309,4001
PGBParking Garage Below19181.00 S.F$1,381,0301
EL2Elev Pass7.00 STOPS$604,8001
EL2Elev Pass6.00 STOPS$518,4001
EL2Elev Pass6.00 STOPS$518,4001
SPR1Sprinklers - Wet229644.00 S.F.$892,8601

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneRH
Neighborhood0700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.12
Depth
Total Market Land$7,162,510
Appraised Value$10,232,160

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP7Patio Flgstn  3510.00 S.F.$45,4101
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$65,267,840$10,232,160$75,500,000
2023$68,243,750$10,232,160$78,475,910
2022$68,243,750$10,232,160$78,475,910

Assessment
Valuation YearImprovementsLandTotal
2024$45,687,490$7,162,510$52,850,000
2023$47,770,630$7,162,510$54,933,140
2022$47,770,630$7,162,510$54,933,140

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