The history of 465 Hoffman looks something like this:
03/08/2007—$1,150,000— 18.2%/yr (appreciation)
07/21/2006 —$1,035,000— 9.7%/yr
…as a single family.
The plans look something like this:
…as an “Ultra-Modern designed legal 2 unit,also marketable as a magnificent 4 BR/3 bath,VIEW,single family home.”
The views still look like this:
…but now the price looks something like this:
$1,625,000.…as a vacant lot.
We ask, do you think a “status change” (“Single Family Residence” to “Lots & Acreage”) and demolition of this house (below) could add $475,000 in value in nine months?
We’ll have to wait and see, and go check it out.
–Sales History [Redfin]
–listing detail [MLS]