The List That Just Won’t Quit | San Francisco’s Top 10 Overbids Of The Week

To say the Richmond District single family home market is hot right now is a wee little understatement. It’s white hot.

Overbid of $712,000 aside, it’s another $1100 per square foot sale in an area of town previously undiscovered and overlooked. I guess the secret is out

Address BR/BA/Units DOM List Price Sold Price Overbid
571 20th Avenue 3/2.00/N/A 12 $1,388,000 $2,100,000 51.30%
1463 40th Avenue 2/1.00/N/A 14 $899,000 $1,350,000 50.17%
844 Detroit Street 3/1.00/N/A 22 $899,000 $1,300,000 44.61%
171 Ledyard Street 2/2.00/N/A 11 $599,000 $850,000 41.90%
340 Benton Avenue 3/2.50/ 15 $829,000 $1,142,500 37.82%
1523 26th Avenue 3/2.00/N/A 17 $998,000 $1,375,000 37.78%
3030 Rivera Street 3/2.00/N/A 12 $899,000 $1,235,000 37.37%
4045 Ocean Avenue 3/2.00/N/A 10 $1,195,000 $1,622,000 35.73%
849 44th Avenue 3/1.00/N/A 10 $1,049,000 $1,410,000 34.41%
74 Winfield Street 76 2-4 Units 29 $995,000 $1,320,000 32.66%

Special mention to my listing at 849 44th Ave that barely made it to the list even as nuts as our situation there was!

These lists are very “real-time”, and a good indication of pockets of our market. For a broader look at the San Francisco market I continually refer people to my favorite resource in Patrick Carlisle at Paragon Real Estate:
30+ Years of San Francisco Real Estate Cycles
Preliminary Indications of Direction of the San Francisco 2017 Market

Have a great weekend! It’s gonna be a cracker, so get out and enjoy.

Five days later and $361,000 Over, 849 44th Ave Sets New Record Price Per Square Foot in the Outer Richmond [theFrontSteps]

Maximum Overbid Of The Week | Good Lord!

4thaveTouting some of the “best amenities, weather, and transit in the city” (I’ll let you all debate the Richmond District’s claim to that), 607-609 4th Ave just closed a mere $605,000 over list price, and earned this week’s title of Maximum Overbid. Congrats.

The best part…it comes with a “low maintenance” yard. For all of you readers that don’t speak Realtor that means the yard is either concrete, brick (in this case), or some other form of hard surface that doesn’t require water, and would be great for roller blading (does anybody even still do that), skateboarding, or chucking Hot Wheels and Toy Monster Trucks around to see if they’ll break.

Now, we do our Overbids based off of percentage above asking. If you really want to scratch your head, have a look at 3621 Washington that just closed $2,505,000 over list. By all accounts, that’s a great home, as is 4th Ave, or any place in San Francisco for that matter, but that doesn’t make it any less shocking that we still live in a city where millions over asking is common. Nuts.

Anyhow…the best of the rest, the Top 10 Overbids:

Address BR/BA/Units DOM List Price Sold Price Overbid
607 4th Avenue 609 2-4 Units 28 $995,000 $1,600,000 60.80%
1607 16th Avenue 2/1.00/N/A 13 $899,000 $1,400,380 55.77%
394 Laidley Street 2/2.00/N/A 4 $949,000 $1,450,000 52.79%
3621 Washington Street 4/5.00/N/A 21 $4,995,000 $7,500,000 50.15%
2142 25th Avenue 2/1.50/N/A 11 $799,000 $1,189,000 48.81%
2542 44th Avenue 3/2.00/N/A 6 $795,000 $1,150,000 44.65%
106 Bennington Street 3/2.00/N/A 10 $950,000 $1,350,000 42.11%
503 Capitol Avenue 3/1.00/N/A 8 $499,900 $710,000 42.03%
60 College Avenue 3/1.00/N/A 18 $640,000 $875,000 36.72%
129 Dellbrook Avenue 2/1.00/N/A 6 $899,000 $1,225,000 36.26%

Have a great weekend!

Factoring Weather When Buying A Home In San Francisco Is Anything But Simple [theFrontSteps]
Realtor Speak [theFrontSteps]

Richmond District | Historical Picture Porn

Consider yourself occupied for the next couple of hours –
sutrobath
adolf sutro

Thank you Richmond SF Blog for tipping me off to this amazing collection of historical photos (1181 images) of San Francisco’s Richmond District, Cliff House, Sutro Baths, and Great Highway…and so much more. Amazing and Awesome!

I encourage all of you readers to visit the links below that are jam packed with great historical ammunition.

Richmond SF Blog
OutsideLands.org picture archive

741 18th Ave, Central Richmond 2+ bed, 1.5 bath, 2 car parking Top Floor Edwardian hits MLS for only $949,000

[Update: SOLD for $1,200,000]

Do you know how much more home you could buy if you just took a look outside of the Mission, Noe, NOPA, Cole Valley, Inner Sunset, or Pacific Heights neighborhoods? Wonder no more, and come visit my newest listing at 741 18th Ave in San Francisco’s Central Richmond District.


Listed at $949,000 this exquisite Top Floor Edwardian 2 bedroom plus sunroom (easily used as 3rd bedroom or office), 1.5 bath luxury residence has it all in a location ideal for outdoor enthusiasts, or urban dwellers alike. Perhaps the last area in San Francisco where you can get a “deal”, this flat features beautiful hardwood floors, formal living room w/ wood burning fireplace, formal dining room, original gum wood details, designer kitchen w/ CaesarStone counters, Bertazzoni range, breakfast area, in unit stackable Washer & Dryer, tons of natural light, views to Marin headlands, lots of closet space, additional deeded storage, landscaped yard, and 2 car parking. Half block to Golden Gate Park, and 5 minutes to Ocean Beach. Easy access to Marin, Napa, Peninsula & Downtown. Multiple public transit options, and front row seats to Outside Lands. Your friends will be asking to visit you all the time.

I will be holding this home open on Sunday 4/27 from 1-4pm, Monday 4/28 from 5:30-7:00pm, Tuesday 4/29 from 11-12:30pm, Thursday 5/1 (My birthday, so come say Happy Birthday to me) 5:30-7pm, Sunday 5/4 from 1-4pm, and by appointment all week. Please do not hesitate to contact me if you, or anyone you know, would like to get in for a closer look.

It’s truly an amazing property in an amazing location.

741 18th Ave, 2+bd, 1.5ba, 2pk, Central Richmond $949,000 [Property Details via MLS]
-Photos by Rob Jordan, Whistle Photography

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How coffee affects your property (Drive by ™)

peets.jpg

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.