Listed at $3,098,000, this property at 116 Magnolia Avenue just closed at $3,925,000, and the backyard actually comes with an in ground trampoline sitting under towering redwoods.
Local builder Gustave Nagel originally built the residence back in 1926 for his daughter. Buyers wasted no time jumping on this opportunity once the home hit the market in August. Offers rolled in swiftly, pushing the home into contract after only nine days.
Sale records show the final price landing at $3,925,000, which represents an overbid of $827,000 above the original list price. That works out to nearly 27% over asking…proof that properties with classic 1926 roots and great outdoor spaces continue to pull serious buyer interest. Congratulations to the buyers and sellers on a remarkable transaction.
For more Overbid sales in Marin, head to The Goods.
Thinking of buying or selling? Contact us today to work with the only realtor in SF and Marin giving back to the planet with each transaction.
– 116 Magnolia Avenue, Larkspur, CA 94939 (The Goods)
Alexander Clark
theFrontSteps Real Estate
Top 1% SF Agents
Founder theFrontSteps
DRE# 01339386
@theFrontSteps
415-254-5351
[email protected]
“Alex is, simply put, the best real estate agent in San Francisco. In a span of a few years, Alex has helped us buy two homes, and sell another two. Most of those deals presented unusual, and daunting challenges–financing problems…” Continue Reading