Touting 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]