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Fire Damaged Home In San Francisco Sells For $602,000 Over Asking

Fire Damaged Home In San Francisco Sells For $602,000 Over Asking

“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!


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