Real Estate Insight, Statistics, Gossip, and News – with a Twist and some Flavor

Price it (real, real) low, and away we go …..(251 Arkansas)

July 21, 2008 – 10:43 am | by fluj

I knew this one would go superfast. You have to wonder if it wouldn’t have gone almost as fast if it were priced at 850K, tho. Anyway, anyone else see this property? It got into contract instantly.

A two car garage, north slope Potrero Hill, with a 25 X 100 foot lot, for 679? Simply fax your offer to the 678 area code? Well somebody didn’t mess around. Still tho — this is some 2006 type stuff right here!

-Property Details, 251 Arkansas [sfnewsletter listing detail page]

– Kenneth Kohlmyer a k a der fluj

Share and Enjoy:
  • Digg
  • del.icio.us
  • Technorati
  • StumbleUpon
  • Facebook
  • TwitThis
  • Fark
  • Reddit
  • E-mail this story to a friend!

Tags: , ,

  1. 3 Responses to “Price it (real, real) low, and away we go …..(251 Arkansas)”

  2. By missionite on Jul 21, 2008 | Reply

    By “2006 stuff”, do you mean the price? Or the quickness of the sale?

    If it was 2006 there woudl have been multiple competing offers, no?

    I saw that one (the listing at least). Too small and not enough beds or baths for our needs.

  3. By fluj on Jul 21, 2008 | Reply

    I meant the intentional super low pricing and speed of the whole thing — they aren’t what we’re seeing nowadays. More like two years ago.

    We don’t know that it didn’t get multiple offers. But even in 2006 just throwing out a fax number wouldn’t have necessarily gotten multiple offers in two days.

    What do you think this sells for? If someone builds up they’ll get a big downtown view. And the block is prime North Slope, again with two car parking (not that it’s very hard to park in Potrero Hill, but still.)

  4. By 40YrOldRenter on Jul 21, 2008 | Reply

    Let us know what it sold for. getting into contract quickly is less interesting.

    thnx

Post a Comment