On this rainy March Friday as you sit and wonder about the world outside, what better than some jaw-dropping Overbids to rattle your mental cage.
Top of the list this week is 4027 Clement Street, a very awesome little house in the Outer Richmond with a certain “je ne sais quoi” that took it next level overbidding madness (when someone loves it, they love it), and as a result it sold for 63% over asking at $1,625,000 from a $998,000 list price…that’s $627,000 above for all of you math challenged individuals or non-residents of San Francisco that find that kind of math simply absurd (it is, really). Rumor has it 17 offers came in (that leaves 16 buyers still looking for something like this if you have something to sell), but it was that one person that just had to have it, and that’s often the case.
Speaking of buyers that “had to have it”, I thought the recent listing I just closed in Cole Valley at 179 Carl that sold for $505,000 over would at least make the top 10…alas, it didn’t even make the top 20. Chew on that for a little while…
Top 10 Overbids of the Week, San Francisco:
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 4027 Clement Street | 3/2.00/N/A | 8 | $998,000 | $1,625,000 | 62.83% |
| 2055 20th Avenue | 2/1.00/N/A | 16 | $598,888 | $952,000 | 58.96% |
| 3373 22nd Street | 4/3.50/N/A | 8 | $2,450,000 | $3,475,000 | 41.84% |
| 1115 Rivera Street | 4/2.00/N/A | 7 | $995,000 | $1,380,000 | 38.69% |
| 2234 38th Avenue | 3/1.00/N/A | 35 | $849,000 | $1,150,000 | 35.45% |
| 479 Texas Street | 2/2.00/1 | 9 | $1,049,000 | $1,385,000 | 32.03% |
| 832 Page Street | 2/1.00/ | 12 | $1,050,000 | $1,377,500 | 31.19% |
| 115 Dalewood Way | 3/2.00/N/A | 7 | $1,195,000 | $1,550,000 | 29.71% |
| 2075 Sutter Street | 2/2.00/215 | 14 | $995,000 | $1,275,000 | 28.14% |
| 271 27th Street | 2/1.00/ | 7 | $1,050,000 | $1,300,000 | 23.81% |
There you have it, March Madness and overbids that will make you freak. The market is cooling, for sure ;-)
Have a great weekend, we’re here to help you buy or sell when the time is right.
[Editor’s Note: Overbids are calculated on a percentage basis, not dollars over.]
overbid link returns error message “Oops page not found.”
On Fri, Mar 4, 2016 at 12:50 PM, theFrontSteps | San Francisco Real Estate wrote:
> thefrontsteps posted: “On this rainy March Friday, check out > this jaw-dropping top 10 overbids for the week. Kicking off the list is > Address BR/BA/Units DOM List Price Sold Price Overbid 4027 Clement Street > 3/2.00/N/A 8 $998,000 $1,625,000 62.83% 2055 20th Avenue 2/1.00” >
Richard, it works on our end. What browser are you using?