Done Deal in Bernal

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Well it took a bit, but it got there in the end.  138 Elsie (Brand new 3 bed, 3.5 bath, 2005 sqft. home in Bernal) started at $1,498,000 in October, went into contract one month later, fell out of contract, back on market at same price, nothing….Price reduced in January to $1,388,000, pending 10 days later, just sold 2/22 for $1,344,000. 

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Many people will read into this many different ways (the market tanked because it didn’t sell over, it set a high mark for Bernal, it’s not worth the money, it’s a bargain, etc.)  That is why we’re just giving you the facts. 

How coffee affects your property (Drive by ™)

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One of our readers forwards us this picture and re-iterates the importance of well known retailers moving into “less desirable” locations.  Peet’s opened nearly a month ago on the corner of 16th Ave. and Geary.  If this Peet’s does well, it could lead to many other retailers moving to the area.  Time will tell.  We hope it does well.   This area, “Central Richmond” has recently been discovered by many families priced out of Lake, Presidio Heights, and Laurel Heights districts, and we know Jeff’s Jeans could give Villains a run for its money…(not likely), but maybe in the acid-washed section.

Maximum Overbid at the St. Regis, 30A

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Yes…overbids still exist.  We run this kind of stuff on the sfnewsletter all the time, and it is nice to be able to do it more than once a week.  We like to call this a Maximum Overbid of the Week(tm). 

Not a bad view, eh?  Listed for $2,995,000.  3 beds, 3 baths, 2027 square feet, and the pictures speak for themselves.  Fourteen (14) days on the market….sold for $3,200,000.  That puts it at roughly 7% over asking and a meager $1579/square foot.  Let’s also not forget HOA’s of $2356/month and parking of $225/month.   Congratulations to the buyers and sellers.  This is why we live here.  Properties like this (But the chandelier looks crooked…minor details.) More Pictures

Drive By ™

In honor of the (re)launch of our new blog, we are introducing a new section on par with our Stalefish, and Maximum Overbid of the Week. Introducing… Drive By… drive by a property (or walk, we’re green), see, point, shoot, post. You are welcome to do the same. Send us your Drive By photos and story, and we’ll run it for you.

This shot is of a house that is very much taken care of on the facade, beautiful in fact (we agents like to call this curb appeal), but look at the shed/garage/thingy in the bottom right corner of the shot.

 

 

Here’s a close up: 

We would advise cleaning up the shed prior to listing.  Just a suggestion.