[Update 10/20/08: Sold, $1,725,000] On the other side of the equation, let’s take a look at 733 Front #605. One of the first resales at this conversion building down in the Financial District, #605 was sold through the sales office for $1,600,000 only about three months ago. The unit directly below it #505 was sold … Continue reading Quick Flip at 733 Front Street
You might remember our post not too long about about the seemingly quick flip at 2730 Fulton, where we saw this property sell in March for $1,605,000, come back on the market (cosmetically modified) mere months later for $793,000 more, and we scratched our heads as to the outcome. Before: After: Well, we needn’t wonder … Continue reading …and It’s Gone: 2730 Fulton Flips and Flies
One day on, one day off…1080 Chestnut #14A, a 3 bed, 3.5 bath, 2600 square foot co-op sells in contract in a heart beat, somewhere around $4,500,000 (something says off-market deal, which is totally okay by us.) — Sale is pending board approval. –1080 Chestnut #14A [MLS]
It’s really only the kitchen floors that inspired the title “Check Mate”, or is it the quote from Eddy! that came along with his email? [One] Day on market. In Escrow. I’d written about this one on [theFrontSteps.ORG] in the old days. Buyers are out there and ready to strike! We’d have to agree the … Continue reading Check Mate! One day on the market and in escrow (2401 Divisadero)
[Update: As of 6/13/2008 at 8pm, it is again available. The buyers in contract pulled out, my buyer has had a change of heart feeling SoMa is a bit “dead”, so we won’t be writing an offer at this time, and now we wait to see what happens.] I can’t believe what I’m writing. Months … Continue reading 188 Minna #33D (St. Regis) in contract (~$3.7M) after one week…are you kidding me!?
We’re going to get a little Web 2.1 for the moment and do something we can’t recall ever seeing anywhere on the web (please correct us if we’re wrong), and that is open up the mic to advice on a price when an offer is in hand as of moments ago. Had you seen me … Continue reading Help some clients decide on an offer (579 23rd Ave)
Recently we had someone ask if we could “provide a bit of color on 153 Avila”, a contemporary 3 bed, 2.5 bath, single family home in the Marina asking $2,695,000, and as a matter of fact, we can provide some “color”. It sold after 14 days on the market for $2,975,000 (10.4% over asking) or … Continue reading 153 Avila: A done deal and providing a bit of “color”
Forget the asking price ($3,795,000) and forget the selling price ($4,200,000) of this five bedroom, four bath, 4224 square foot mansion in Pacific Heights, instead focus on the DOM (11). –2221 Baker [sfnewsletter listing detail page]
Aldo Congi…Capo di Capi telling it like it is. Andrew, you kind of fumbled a bit, but we’ll let it slide. And who was that that walked out of the bathroom in the middle of your interview!? Gasp…. No way! It’s not happening. Really it’s not. The market has tanked. This report was from 2005. … Continue reading The Wall Street Journal reports on Overbids?
Yes, the asterisk is there, but so too is the sale somewhere around $3M for 752 Carolina, a single family home in Potrero Hill that hit the market end of February, was in contract 8 days later and just closed escrow…cash. Was it the suburban feel: or the blue paint that did it? We have … Continue reading Potrero Hill Home sells for $3,000,000*
Before you haul off and shoot the messenger, this is one of many emails we receive on a daily basis. We’ve tried to tone the cheerleading down a bit, but when it keeps on coming from other sources (not Realtors) it’s kind of hard to pass up. So… Awesome places that are priced right continue … Continue reading When the Price is Right
You must be kidding! Two days on the market and already in contract? 1914 Filbert #C asking $1,395,000. Yours truly tried to sell the middle unit of this building about three years ago, and at that time there were age restrictions on the property (if memory serves correctly). Not sure if they’ve been lifted, but … Continue reading Nothing special, just two days on market and almost gone (1914 Filbert #C)
Right when we’re about to fill you all in as to some records the Millennium might be setting (we’re talking price per square foot of an empty shell sold), the Chronicle goes and scoops us (at least we know they’re working). Not to fear, if you’ve been reading theFrontSteps for a while you would have … Continue reading Is Millennium Tower setting records?
By Meagan Levitan Question: When is an asking price NOT the asking price? Answer: When an offer date is set. This is the conclusion I’ve come to in the last month as I’ve written offers for clients (and lost out) or simply watched properties that got immediate and intense attention from buyers. It seems that … Continue reading “When is an asking price NOT the asking price?”
We recently had the pleasure of checking out 1 (One) South Park with some clients, and are sad to say the pickins are slim (for us anyway). If you don’t know what One South Park is, fear not, we’ve gotcha covered. One South Park is a new warehouse conversion with 35 new homes, including 9 … Continue reading 1 (One) South Park: a Walkthrough and Sales Update