If that $200,000 underbid from a few weeks ago seems like a good deal to you, have a look at this seven bedroom Pacific Heights Single Family home at 2660 Scott (you must click that link…the pictures are amazing), which was listed in September at $15,000,000 and closed last week at $13,075,000. Almost $2,000,000 under asking.
Considering the home only last sold in 2004 for just shy of $6,000,000 I’d say the sellers are pretty thrilled (keeping in mind we don’t know how much they sunk into it, of course). IMHO the home was worth every penny of $15,000,000, so the buyers should be thrilled too. It’s a trophy home, and I’m totally jealous, as should be all of you.
As for the rest of our weekly underbids. Here you go…the top 10 Underbids of the week.
| Address |
BR/BA/Units |
List Price |
Sold Price |
Underbid |
|
|---|---|---|---|---|
| 2660 Scott Street | 7/7/6 | $15,000,000 | $13,075,000 | -12.83 % |
| 814-816 Cole | 2-4 Units | $1,990,000 | $1,775,000 | -10.80 % |
| 1374 Union Street | 3/3.5/2 | $3,350,000 | $3,000,000 | -10.45 % |
| 184 London Street | 3/1/0 | $574,000 | $520,000 | -9.41 % |
| 365 Magellan Avenue | 5/3.5/2 | $2,520,000 | $2,350,000 | -6.75 % |
| 601 Van Ness Avenue | 2/2/1 | $879,000 | $825,000 | -6.14 % |
| 595 Waller Street | 3/2/0 | $1,300,000 | $1,225,000 | -5.77 % |
| 2445 Polk Street | 2/2/1 | $1,450,000 | $1,371,150 | -5.44 % |
| 3515 Washington Street | 2/2/2 | $3,995,000 | $3,800,000 | -4.88 % |
| 580 Prentiss Street | 2/1/1 | $998,000 | $950,000 | -4.81 % |
As always, I share all of this wonderful data with you in real time on several sources:
1. The Goods
2. sfnewsletter (sign up at sfnewsletter.com)
3. theFrontSteps.com
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