Category Archives: theFrontSteps

SOLD (In One Day) | 192 Seal Rock Dr. #2 – Outer Richmond

Remember when I said, “Something tells me this property won’t last long, so don’t drag your feet“? I wasn’t kidding. We put this on MLS Monday for $659,000, received two cash (pre-emptive) offers on Tuesday, and we closed for $735,000 today…not bad for an Outer Richmond 853 square foot, one bedroom TIC.


There is an art to this kind of result when selling a property, and it doesn’t come from throwing a sign up, and opening your front door. If you’re thinking about selling your property, or know anybody else who might be pondering the bags of money they’re sitting on, give me a shout. I’m here to help.

The property details:
Continue reading SOLD (In One Day) | 192 Seal Rock Dr. #2 – Outer Richmond

What SF Home-Buyers Bought in 2014

Penthouses, Probates, Lofts, Mansions & Fixer-Uppers

How many San Francisco home sales were Victorians, Edwardians or Art Deco? Condos in doorman buildings? Artist live-work lofts? Probate or distressed sales? Without parking? Under $500,000? Over $5 million? Tenant occupied? Had Golden Gate or Bay Bridge views? What were the oldest house sale, the biggest condo sale and the median sales price for a 2-unit building?

Below are answers to those and a hundred other questions about home prices, neighborhoods, architecture, amenities, views, types and sizes. San Francisco has one of the most interesting real estate markets in the world and we hope you enjoy some of the details. A neighborhood map is included at the bottom for your convenience.

[Click Images to enlarge]
2014_2BR-Condo-Median-Prices

2014_3-4BR-House-Median-Prices

2014_Architecture

2014_Condo_Amenities

2014_Condo_Sales_by_District

2014_House_Amenities

2014_House_Sales_by_District

2014_Median-Price_Movements

2014_Multi-Unit_Sales

2014_Number_Bedrooms

2014_Parking

2014_Sales-by-Price-Segment

2014_Sales-by-Property-Type

2014_Special-Circumstance-Sales

2014_Unit-Sales-by-Year


Please call or email if you have any questions.

Sales information as reported to and described in San Francisco MLS through late November 2014. Some 2014 totals are projections based on current trends. These analyses were performed in good faith with data derived from sources deemed reliable, but they may contain errors and are subject to revision. All numbers should be considered approximate.

For Sale | 192 Seal Rock Dr. #2 | Outer Richmond

I’m claiming this as the best one bedroom ocean view property as far West as you can get in San Francisco, and here’s why:


Situated in San Francisco’s Outer Richmond District, this magnificent property is literally on the edge of nature, National Parks, hiking/running trails (Land’s End Coastal Trail considered by many to be the best trail in SF), and several major attractions in San Francisco. It overlooks Seal Rock with amazing 180 degree views of the Pacific Ocean, is walking distance to the Cliff House, Sutro Baths, Legion of Honor, Lincoln Park Golf Course, Fort Miley, and you can practically roll yourself down to Ocean Beach.

The owners have poured their heart and soul into remodeling this amazing building with the best, high end, designer features and finishes you can find, and you, my friend, are lucky enough to have come across it.

The Home Features:
-1 bedroom
-1 bath (separate shower and tub)
-1 car garage parking
-Approx 853 Square Feet (Per Seller)
-Carrara Marble Island countertops
-Spekva European Ash butcher block countertops
-Custom cabinets
-Recessed Lighting
-Thermador Gas Range with Hood
-Built in Bosch Refrigerator and Dishwasher
-Bosch Washer & Dryer in unit
-Hardwood floors throughout
-Radiant floor heating
-RC channel soundproofing between all units
-California Closets in Master Closet
-Franke Atriflo kitchen faucet
-Wired for surround sound
-Cat-5, Fiberoptic and Ethernet wired in entire unit
-Double paned windows
-$200/Mo HOA dues (incl. H20, Garbage, Gas, Reserves, Common Area Electric)
-Property is a Tenancy In Common and Individual/Fractional Financing is available with Sterling Bank
-List Price: $659,000

Showing Schedule:
Tuesday 12/2 from 11am-12:30pm
Thursday 12/4 from 4-6:30pm
Saturday 12/6 from 2-4pm
Sunday 12/7 from 2-4pm
Private showings by request
Offer date TBD

Something tells me this property won’t last long, so don’t drag your feet.

MLS Details: 192 Seal Rock Dr #2, $659,000

Contact me for details, to schedule a showing, and answer any questions.

Update: Sold for $735,000…cash, closed in 5 days.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

San Francisco’s Top 10 Real Estate Overbids This Week

…and because I know you love ‘em:
Top 10 Overbids Of the Week

Address BR/BA/Units DOM List Price Sold Price Overbid
344 Prentiss St 2/1.00/N/A 12 $899,000 $1,330,000 47.94%
131 San Pablo Ave 4/2.50/N/A 20 $1,995,000 $2,850,000 42.86%
311 Jersey St 2/1.00/N/A 11 $1,175,000 $1,670,000 42.13%
43 Ruth St 3/1.00/N/A 8 $388,000 $550,000 41.75%
122 Farallones St 2/1.00/N/A 13 $499,000 $700,000 40.28%
2200 Sacramento St 2/2.00/603 15 $899,000 $1,255,000 39.60%
1727 Grove 2/2.00/ 19 $899,000 $1,230,000 36.82%
106 Wool St 3/2.00/N/A 25 $1,149,000 $1,565,000 36.21%
3333 Clay St 1/1.00/3 12 $899,000 $1,200,000 33.48%
71 Cotter St 2/1.50/N/A 13 $875,000 $1,150,000 31.43%

Go deeper, and check out the Top 20 Underbids.

Sold | Off Market In Cole Valley – 1242 Cole

giants_world_series Giants win the World Series, yet again, it’s Halloween, and my clients just stole this amazing condominium in the heart center of Cole Valley! The essence of what we just witnessed in the World Series is not much different from the Real Estate game in San Francisco. It takes a great team, strategy, timing, focus, and of course a little luck to win. I’m happy to say all the elements came together for my buyers and we knocked this purchase out of the park on the first pitch. My clients knew it was a great opportunity, took my advice, didn’t hesitate, and scored! Congratulations Elizabeth and Andrew. Ya done good.

Not only is October great for baseball, Halloween, and our Indian Summers, but this October has been my most memorable month of this year. With 6 deals closing this month, this one in Cole Valley was the icing on the cake. I have another deal in contract in Cole Valley, and know of a couple great listings off market and coming soon, so don’t be a stranger if you’re looking in Cole Valley for a home.

This score proves that there are opportunities out there without overpaying, but you have to be aggressive and know where to look.

An average condominium in Cole Valley sells for $941 per square foot, according to my third quarter report, and we grabbed this sweet 3-bedroom, 1 bath home with parking, yard, amazing period details, an awesome kitchen, some rugs, and some great furniture at $886 per square foot before it hit the market at $1,300,000.

For you buyers out there, it’s a crazy market, but don’t get discouraged. You can win.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

Happy Halloween! Giants Baby! Pray for Snow!