We think this would qualify as a “flip” in every sense of the word. From this 4 bed, 2.5 bath home in March 2008, which sold for $1,605,000 (asking $1,500,000):
To this 5 bed, 4.5 bath home six months later asking $2,398,000:
Very interesting to say the least. We’ll see how this goes.
-2730 Fulton (before) [MLS]
-2730 Fulton (after) [MLS]
From our reader:
Is any house in the central sunset worth 1.4 million? The average price in the central sunset 800k -900k.
Please take a look at 2960 22nd Ave, San Francisco which just came on the market.
…and the kitchen:
We must first say that this home is technically located in the Parkside, near Stern Grove and that area is quite nice. Having not actually been in the home, we can’t speak to the price, but if the pictures are any indication….oh wait, those are the before shots from the last sale in December 2007 at $900,000.
Read on for the after…. Continue reading
In case you don’t get sfnewsletter:
All it takes is to remove the clutter (before shots)…
adjust the price (sold in Dec ’07 for $2,580,000 after some massive price reductions) to get it sold, call in the contractors and voila…the after:
2801 Lake Street (after shots), a 5 bed, 4 bath remodeled home in Sea Cliff hits the market a mere seven months after last selling and this time they upped the price a hair to $4,995,000. (They also took out a few sunflowers and stuffed animals.) Any takers?
Hats off to the developer for a job well done and having the cajones to see this project at 2542 Fillmore through. Had you seen the before, you’d realize how great is the after. Oh…we have the before:
…and the after
…and even more. The before price of $2,675,000 (August 2005), the after price of $4,950,000 (two weeks ago) and the new after, after price, $5,250,000? Wait, what’s that? They actually RAISED the price after two weeks on the market? As our reader notes, “[Twelve] Days on the Market and no sale. What does Malin [Giddings, Maximilian Armour] and team do? Raise the price 5% from $4.95 to $5.25. Classic!” So what gives?
We’ve known about this property at 2542 Fillmore for quite some time. We tried to secure a buyer to take it from the current seller prior to this recent remodel, but nobody we knew was up to the task. This is a sweet home, who wants it!?
Defying the odds and defying standards of redevelopment 2542 Fillmore is certainly a property to watch.
[Update: ...and according to a reader, now in contract (6/11/2008).]
-2542 Fillmore before [sfnewsletter listing detail]
-2542 Fillmore after [sfnewsletter listing detail]
This tip comes to us all the way from Oregon, via telephone no less (what is that!), and is about “one of the country’s first LEED certified homes” (LEED stands for Leadership in Energy and Environmental Design) that happens to be across the pond (Oakland). Rather than ramble on, we thought we’d just leave you with some nice photos and a link to details for the weekend.
That should make for some nice before and afters. Thanks for the tip, and phone call. It’s nice to hear a voice every now and then, isn’t it?
-Margarido House [website]