“Fire Damaged”. Lucky 8’s? Or location? Perhaps all three combined made for one helluva frenzy on 1818 8th Ave, which by the way sold for $1,008,000 in 2012 looking like this. From $998,000 to $1,600,000, almost exactly seven years later, fire damaged, in worse condition than before…that’s what it takes to claim the top spot on this week’s list of Top 10 Overbids, apparently:
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 1818 8th Avenue | 3/2.50/N/A | 17 | $998,000 | $1,600,000 | 60.32% |
| 1374 41st Avenue | 3/1.00/N/A | 9 | $988,000 | $1,450,000 | 46.76% |
| 569 Moultrie Street | 3/3.00/ | 12 | $1,195,000 | $1,675,000 | 40.17% |
| 97 Amber Drive | 3/2.00/N/A | 6 | $905,000 | $1,250,000 | 38.12% |
| 2318 34th Avenue | 3/2.00/N/A | 11 | $1,195,000 | $1,650,000 | 38.08% |
| 1636 Noriega Street 1636A | 2-4 Units | 13 | $1,295,000 | $1,728,000 | 33.44% |
| 1420 18th Avenue | 2/1.00/1420 | 13 | $995,000 | $1,320,000 | 32.66% |
| 1455 40th Avenue | 3/1.00/N/A | 13 | $1,098,000 | $1,455,000 | 32.51% |
| 1895 Pacific Avenue | 1/1.00/405 | 14 | $995,000 | $1,310,000 | 31.66% |
| 2226 22nd Avenue | 2/1.00/N/A | 13 | $995,000 | $1,300,000 | 30.65% |
As for the rest, take note of how many of those properties were listed under $1,000,000. It’s damn near impossible to find anything good in SF under $1MM, so of course they’re going to get bid up.
Anywho..it’s Friday. It’s Fleet Week. Get after it.
Happy Aloha Friday!