37ricobath

¡Que Rico! | $681,000 Over Asking For A Tear Down | ¿Qué?

The Friday before Labor Day weekend…Many call it the end of Summer, but here in San Francisco it’s safe to say it’s the beginning. Our temperatures finally heat up from the Bay Shore to the Pacific Ocean. The sun is lower on the horizon, shadows are longer, Fall fashion ads are everywhere, and local restaurants are transitioning to seasonal delicacies like squash and brussel sprouts (Children everywhere collectively laughing at that comment!), and this weekend is the final exodus of Summer travelers, many of whom are headed to Burning Man.

37 Rico Way…a tear down (if you’re so lucky to be able to tear it down) in the Marina district, and definitely built on Landfill, listed for $1,999,000, and sold in the blink of an eye for $2,680,000…in case the hallucinogens of Burning Man are already kicking in and that math is perplexing you, that’s $681,000 over list…and our market is cooling.

As for the rest of the top 10…here you go:

Address BR/BA/Units DOM List Price Sold Price Overbid
37 Rico Way 3/1.00/N/A 15 $1,999,000 $2,680,000 34.07%
753 44th Avenue 2/1.00/N/A 15 $898,000 $1,185,000 31.96%
343 29th Avenue 3/2.00/N/A 13 $1,495,000 $1,950,000 30.43%
83 Winfield Street 2/1.00/N/A 8 $1,050,000 $1,350,000 28.57%
472 Naples Street 2/1.00/N/A 35 $575,000 $735,000 27.83%
361 Church Street 2/1.00/ 43 $989,000 $1,260,000 27.40%
534 Shotwell Street 2/1.50/4 12 $949,000 $1,200,000 26.45%
1178 Dolores Street 2/2.00/ 12 $1,395,000 $1,760,000 26.16%
421 Los Palmos Drive 3/2.00/N/A 22 $1,058,000 $1,325,000 25.24%
486 45th Avenue 6/5.50/N/A 29 $1,998,000 $2,500,000 25.13%

It’s a transitional weekend for real estate, and next week will begin the flood of inventory to our market for the (hopefully) robust Fall selling season. We’re just as anxious to see how it all pans out as you, so make sure you follow this blog, and we’ll keep you in the loop.

Bending your real estate mind one blog post at a time, it’s what I do.

Have a great weekend!

Marina District Liquefaction Zones [theFrontSteps]

2016-08-05_14.10.15

Who doesn’t love em…Overbids!

I guess buyers don’t love em. Or the thousands of people still trying to get in this market, but fear not. The tides will turn at some point. They have to.

Top 10 Overbids for San Francisco

Address BR/BA/Units DOM List Price Sold Price Overbid
1551 21st Avenue 4/3.00/N/A 42 $998,000 $1,510,000 51.30%
1634 30th Avenue 3/1.00/N/A 29 $995,000 $1,325,000 33.17%
83 Sharon Street 2/1.00/ 23 $799,000 $1,022,000 27.91%
205 Ellsworth Street 1/1.00/N/A 7 $799,000 $1,020,000 27.66%
422 Green Street 2-4 Units 12 $899,000 $1,130,000 25.70%
425 Lake Street 5/1.50/N/A 12 $1,995,000 $2,450,000 22.81%
824 Shields Street 2/1.00/N/A 26 $699,000 $853,000 22.03%
1770 24th Avenue 4/3.00/N/A 7 $1,195,000 $1,455,000 21.76%
54 Cook Street 56 2-4 Units 11 $1,200,000 $1,455,000 21.25%
2 Dawnview Way 5/4.00/N/A 18 $1,250,000 $1,504,000 20.32%

For more Overbids, Underbids, Stalefish, Recent Sales, and New listings, check out my Goods Page. Your one stop shop for all things Real Estate.

Happy Friday! Come check out my new listing this weekend – she’s a beauty, that’s for sure.

overbidssss

Hey Overbids!

The overbids are still there, it’s myself who has been a bit absent. Hey! It’s Summer, so why not.

Top 10 Overbids for San Francisco:

Address BR/BA/Units DOM List Price Sold Price Overbid
792 Capp Street 3/1.00/N/A 13 $995,000 $1,450,000 45.73%
154 Bonview Street 1/1.00/N/A 9 $799,000 $1,150,000 43.93%
113 Newman Street 2/1.00/N/A 9 $889,000 $1,250,000 40.61%
2330 Sloat Boulevard 5/3.00/N/A 23 $995,000 $1,380,000 38.69%
1375 32nd Avenue 2/1.00/N/A 32 $950,000 $1,280,000 34.74%
1728 Ortega Street 3/2.00/N/A 16 $1,095,000 $1,458,000 33.15%
850 Treat Avenue 2/1.00/ 10 $999,000 $1,300,000 30.13%
23 Roscoe Street 1/1.00/N/A 27 $695,000 $890,000 28.06%
4228 24th Street 2/2.00/ 15 $1,299,000 $1,650,000 27.02%
1856 28th Avenue 3/1.00/N/A 25 $975,000 $1,238,000 26.97%

For more Overbids, Underbids, Stalefish, Recent Sales, and New Listings, check out The Goods.

Have a great weekend. Come visit me at 1011 23rd, my super sweet loft, which just came BOM for $699,000.

1075 Fell Street

These Little Buggers Just Won’t Go Away | Overbids

San Francisco Real Estate Market’s Top 10 Overbids

Address BR/BA/Units DOM List Price Sold Price Overbid
251 Andover Street 3/2.00/N/A 13 $999,000 $1,426,000 42.74%
595 44th Avenue 4/3.00/N/A 38 $1,189,000 $1,690,000 42.14%
1075 Fell Street 2/1.00/ 6 $995,000 $1,335,000 34.17%
374 Sanchez Street 2/2.00/ 12 $1,195,000 $1,590,000 33.05%
819 42nd Avenue 2/1.00/N/A 32 $988,000 $1,302,000 31.78%
1806 20th Street 3/3.00/ 12 $2,195,000 $2,850,000 29.84%
1554 47th Avenue 3/2.00/N/A 51 $849,000 $1,080,000 27.21%
135 Rey Street 2/1.00/N/A 11 $478,000 $605,000 26.57%
176 20th Avenue 2/1.50/ 1 $1,195,000 $1,505,000 25.94%
539 26th Avenue 3/2.00/ 26 $1,050,000 $1,300,539 23.86%
3610 Washington | William Wurster

William Wurster Mid-Century Masterpiece Sells for $11,300,000 | Pacific Heights

It’s not everyday a home sells for $3,800,000 above asking…actually in San Francisco we hardly bat an eye at this anymore, especially when paired with buzzwords #PacificHeights and #MidCentury. It also helps to be an extremely rare property in a one of a kind location:

William Wurster Masterpiece with timeless mid-century contemporary design. The unique home with wonderful public rooms boasts sweeping Bay & Golden Gate Views and a Sheltered South facing Tommy Church Garden. 4 Bedrooms + library. 4 Baths. 2 Half Baths. 4 Fireplaces.Garage.Carport.Entry reveals a beautiful private garden & covered breezeway leading to the front door. The Reception Foyer looks to the Bay & features Wurster signature staircase. Elevator, Coat Closet, Powder Room. Grand LR is well-integrated with garden. Large formal DR looks out to GG Bridge. Kitchen flows to breakfast room. Guest suite & family room. Upstairs Central Hall opens to South Deck. Master suite & Library have Expansive Bay Views. 2 more beds with en-suite baths

Listed at $7,500,000
Sold for $11,300,000
$2,000 per square foot

UniversitySTfront

Portola Mid Century Fixer Crowned Maximum Overbid Of The Week

Well this isn’t a location we see too many insane overbids (Portola)…alas 172 University Street did have the keywords “fixer” and “mid-century”, which right there is enough to drum up a frenzy, which it did: list price $799,000 to a sales price of $1,195,000 (that’s $396,000 in case you didn’t do the math).
Personally, I think it was the Saloon Doors that did it…

San Francisco’s Top 10 Overbids to take you into your weekend:

Address BR/BA/Units DOM List Price Sold Price Overbid
172 University Street 2/2.00/N/A 35 $799,000 $1,195,000 49.56%
1746 38th Avenue 3/2.00/N/A 10 $899,000 $1,325,000 47.39%
535 40th Avenue 3/1.00/N/A 43 $995,000 $1,465,000 47.24%
441 Waller Street 3/1.50/ 52 $1,095,000 $1,500,000 36.99%
257 Justin Drive 2/1.00/N/A 15 $779,000 $1,030,000 32.22%
1735 35th Avenue 3/2.00/N/A 28 $995,000 $1,315,000 32.16%
590 Vienna Street 4/4.00/N/A 15 $1,095,000 $1,438,000 31.32%
101 Appleton Avenue 3/1.50/N/A 1 $1,295,000 $1,675,000 29.34%
1458 46th Avenue 3/2.00/N/A 39 $789,000 $1,020,000 29.28%
3774 23rd Street 3/2.50/N/A 14 $1,950,000 $2,515,000 28.97%

It’s going to be a great weather weekend around the Bay Area, so get out and enjoy.

New Listings, Recent Sales & More [the Goods]

160santama

From $899,000 To $1,400,000 | Holy (160) Santa Marina!

Would you look at that…the #1 Overbid of the week is not a fixer! It’s a been a while for that, but we’re pleased to report the market is strong…very strong for any reasonably good property in any reasonably good neighborhood of San Francisco, which is pretty much everywhere now.

This property (160 Santa Marina) was ridiculously under-priced at $899,000, but still.


It sold half a million dollars over the seller’s asking price and just clinched the top spot on this week’s Top 10 Overbid list by selling for a stunning $1,400,000.

As for the rest, here you go.

1315minnagarage

Maximum Overbid Of The Week | Welcome To The Mission | Kitchen & Bath Not Included

From the Outer Richmond last week, to the heart of the Sunset this week, the Western edge of San Francisco continues to take top honors on the Overbid list.

Perhaps a little less baffling than last week’s, and also a case of clearly underpricing a property, this little gem at 2724 Ortega just fetched nearly 40% more than asking ($849,000 to $1,135,000). To be perfectly honest, it sold exactly at a reasonable price, so there is not much of a story on this one, buuuttt…

Have a look at 1315 Minna, which took second fiddle, in the oh-so hip and happening Inner Mission District..definitely a kitchen suitable for Easter Brunch, or Thanksgiving Dinner.


From $999,000 to $1,328,000…. our friends around the world are collectively shaking their heads in disbelief. As for us, it’s all too familiar.

Top 10 Maximum Overbids Of the Week | San Francisco

Address BR/BA/Units DOM List Price Sold Price Overbid
2724 Ortega Street 3/2.00/N/A 14 $849,000 $1,135,000 33.69%
1315 Minna Street 2/1.00/N/A 21 $999,000 $1,328,000 32.93%
635 38th Avenue 3/3.00/N/A 13 $1,495,000 $1,915,000 28.09%
6 Berkeley Way 4/3.50/N/A 15 $1,298,000 $1,650,000 27.12%
3392 16th Street 2/1.25/ 12 $995,000 $1,245,000 25.13%
73 Naples Street 3/2.00/N/A 12 $749,000 $927,000 23.77%
1045 Church Street 3/1.00/N/A 19 $1,799,000 $2,225,000 23.68%
1039 Treat Avenue 2/1.00/ 4 $1,099,000 $1,350,000 22.84%
2679 43rd Avenue 3/1.00/N/A 9 $749,000 $920,000 22.83%
1056 Cole Street 3/1.00/ 13 $1,095,000 $1,310,000 19.63%

For information about any of the sales you see above, about San Francisco, or our market, have a look around the site..it’s loaded with great information. Better yet, give us a shout and we’ll get you sorted.

Have a great weekend!

4027Clement

March Madness Starts Early In San Francisco | Overbids That Will Make You Freak

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.
4027clementLR
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.]

179 Carl Designer Bathroom Featured in California Home & Design

SOLD | 179 Carl | Cole Valley Victorian | $3,200,000

I’m pleased to report the sale of this amazing property, which we were able to get featured not only on SFGate (Cole Valley Queen Anne with fabulous wallpaper for $2.695), but also Curbed (Queen Anne Done Up in Designer Style Looks for $2.695), and possibly even in San Francisco Cottages & Gardens just closed today for a whopping $505,000 over list price at $3,200,000. Considering we were targeting a $2.9-$3M sale, I’d consider this knocked out of the park.

Congratulations to my wonderful clients on an extraordinary Cole Valley sale, as well as to the buyers who are sure to love this amazing home in an epic location.

Property Details: