4thaveTouting some of the “best amenities, weather, and transit in the city” (I’ll let you all debate the Richmond District’s claim to that), 607-609 4th Ave just closed a mere $605,000 over list price, and earned this week’s title of Maximum Overbid. Congrats.

The best part…it comes with a “low maintenance” yard. For all of you readers that don’t speak Realtor that means the yard is either concrete, brick (in this case), or some other form of hard surface that doesn’t require water, and would be great for roller blading (does anybody even still do that), skateboarding, or chucking Hot Wheels and Toy Monster Trucks around to see if they’ll break.

Now, we do our Overbids based off of percentage above asking. If you really want to scratch your head, have a look at 3621 Washington that just closed $2,505,000 over list. By all accounts, that’s a great home, as is 4th Ave, or any place in San Francisco for that matter, but that doesn’t make it any less shocking that we still live in a city where millions over asking is common. Nuts.

Anyhow…the best of the rest, the Top 10 Overbids:

Address BR/BA/Units DOM List Price Sold Price Overbid
607 4th Avenue 609 2-4 Units 28 $995,000 $1,600,000 60.80%
1607 16th Avenue 2/1.00/N/A 13 $899,000 $1,400,380 55.77%
394 Laidley Street 2/2.00/N/A 4 $949,000 $1,450,000 52.79%
3621 Washington Street 4/5.00/N/A 21 $4,995,000 $7,500,000 50.15%
2142 25th Avenue 2/1.50/N/A 11 $799,000 $1,189,000 48.81%
2542 44th Avenue 3/2.00/N/A 6 $795,000 $1,150,000 44.65%
106 Bennington Street 3/2.00/N/A 10 $950,000 $1,350,000 42.11%
503 Capitol Avenue 3/1.00/N/A 8 $499,900 $710,000 42.03%
60 College Avenue 3/1.00/N/A 18 $640,000 $875,000 36.72%
129 Dellbrook Avenue 2/1.00/N/A 6 $899,000 $1,225,000 36.26%

Have a great weekend!

Factoring Weather When Buying A Home In San Francisco Is Anything But Simple [theFrontSteps]
Realtor Speak [theFrontSteps]

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