Waller Street Skate Park In San Francisco Is Official

It’s official, “funding for the design of this new park” has been approved:

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It will be located on Waller just off of Stanyan (think where Haight hits Golden Gate Park on the westernmost end).

Yeah, yeah, yeah…late posting this, but honest to God the real estate market in our world is really busy. It’s a good thing. You missed the skate party, but at least you know the scoop.

SF Parks and Recreation Website

Is It The Price Or The Mold That Brought You Here?

From $138,900 to $49,900 (the magic number) 880 Ashwood Ave, Vallejo, CA was quite simply too good to pass up.

We’re not sure if it was the price that was so eye-catching ($49,900..oh! Too late, it’s “pending”) or the property description:

REO/bank-owned property. Property has mold. Mold inspection report indicates the need for mold remediation for the entire house. Property may not qualify for coventional financing. Seller will give buyer 3% of purchase price to be applied to closing cost. Repairs credit: 0.

Kinda like, “I’ll practically give you my house, but if you ask me to fix anything, take a hike!”

Go ahead, walk around the corner and see what you find:

Regardless, it’s something to note and certainly something to consider, not to mention it got us out of the city for a little walk.

18 Offers On That!!!?

It might not be your cup of tea, but 18 buyers showed up to the recent tea party at 274 De Long (4 bed, 2 bath, Single Family in the “Outer Mission”…as pertains to the SFAR Districts Map…think more Crocker Amazon/Oceanview), and 17 of them will go home empty handed and hungry.

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18offers

We know what you’re thinking, “Eighteen offers on that!?”

Yeah, we’re thinking the same thing.

Asking price: $336,600, and since we know you’re going to ask, last recorded sale in MLS, 1996 at $185,000.

-274 De Long [sfnewsletter.com listing detail page]

394 Frederick, Before, After, Here And Gone (In Contract After 7 Days): $2,399,000

True, the market tanked. True, average home prices have come down in San Francisco. True, even A+ areas like Noe Valley and Pacific Heights have felt the pinch. False, it is death doom and destruction everywhere. Case in point, 394 Frederick St @ Belvedere in Cole Valley, is an awesome 4 bed, 4 bath, 3173 square foot home that spent a staggering ;-) 7 days on the market (one Sunday Open House, one Broker Tour) and received an offer with non-contingent financing (means they’re getting a loan, but they’re not worried about that loan approval falling apart), the offer is really close to asking, and it’s damn near a done deal.
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394frederickdeck

Call us crazy, but we’ve seen a lot of activity in the market as of late, at all price points.

For those wondering, last sale was in 2005 for $1,755,000 (asking was $1,395,000) but has since undergone a significant remodel, and added roughly 1209 square feet.

Kitchen Before:
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Kitchen After:
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Living Room Before:
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Living Room After:
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We’ve long stood by Cole Valley as a better investment than Noe Valley. Is the writing appearing on the wall? Time will tell. Maybe real estate doens’t suck after all.

-394 Frederick [MLS]

Eichler Friday

We love it, and it’s only $660,000! Eichler fans delight in the newest gem to hit the block (outside of San Francisco of course), 104 Golden Hinde Blvd, Terra Linda a 4 bed, 2 bath original condition Eichler ready for you to buy for us. Ahhh, nothing like a few Eichler photos to take you to the weekend
[Update: “Eichler-mania is alive and well. 3 offers on this place before the first open house.”-says someone close to the sale:
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As always, you can contact us if you’d like more details. What a cool home!