SOLD | $3,200,000 | Alamo Square

SOLD | McCormick Queen Anne Flats | Alamo Square | $3,200,000

Congratulations to my wonderful clients on their (way below list price) purchase of this amazing property known as the McCormick Queen Anne Flats just a stone’s throw away from Alamo Square Park.

Built in 1894 by architect Absalom J. Barnett, a resident of the Western Addition, for William and Margaret McCormick in the hope that their daughters would live close to them when they married, this magnificent storybook Queen Anne Victorian is 6,000+ square feet, and loaded with Victorian details.

What an amazing property! Congratulations to everyone involved. My client’s lender was outstanding, the other agent was easy to work with, which all made for a very smooth and ideal transaction. Thank you everyone for your professionalism, and calm.

Originally listed for $4,150,000, my clients scored it for $3,200,000.

Buyer represented by Alexander Clark
theFrontSteps
Keller Williams Luxury Realty

For details about this transaction, please do not hesitate to contact me. In the market to sell your trophy property? I can help…I seem to be attracting the Queen Annes lately.

179 Carl, Cole Valley Queen Anne Sold [theFrontSteps]

stanyan

If It’s Not Selling Over, It’s Selling Under

Top 10 Underbids in San Francisco this past week:

Address BR BA Parking List Price Sold Price Underbid
1219-1219A Stanyan Street N/A N/A 2 $2,579,000 $2,100,000 -18.57 %
1111 Bay Street 2 2.00 1 $1,199,000 $1,000,000 -16.60 %
677 Ellis Street N/A N/A 0 $2,695,000 $2,275,000 -15.58 %
338 Spear Street 2 2.00 1 $1,999,999 $1,799,000 -10.05 %
39 Carmel Street 2 2.00 1 $1,995,000 $1,800,000 -9.77 %
21 Dalewood Way 2 1.00 1 $995,000 $915,000 -8.04 %
3959-3961 Washington Street N/A N/A 1 $5,300,000 $4,995,000 -5.75 %
1650 Broadway 3 2.50 2 $5,395,000 $5,100,000 -5.47 %
354 Roosevelt Way 3 3.00 1 $1,795,000 $1,700,000 -5.29 %
1450 Post Street 2 2.00 1 $709,000 $675,000 -4.80 %
300 Sussex

SOLD | 300 Sussex | Glen Park | $3,365,000

Congratulations to our clients on their recent purchase of this amazing Glen Park home at 300 Sussex, a wonderfully brand new modern home with 4 bedrooms, 3.5 baths, indoor/outdoor living and an A+ Glen Park location.

What a great home, smooth transaction, top notch builder, and excellent first transaction for the newest member of theFrontSteps. Congratulations Kimberly. Well done.

If you are in the market to buy or sell a home, please do not hesitate to contact us. We know of all kinds of wonderful property both on and “off” market.

Buyer represented by Kimberly Slevin
theFrontSteps
Keller Williams Luxury International

Property Details [MLS]
-Photo Credit, Rob Jordan Photography
-Listed by KJ Kohlmyer of Zephyr Real Estate

1957 11th Ave Kitchen

For Sale: 1957 11th Ave | Golden Gate Heights | $1,295,000

Nestled in the hills of Golden Gate Heights with wonderful vistas to the North/North East, surrounded by beautiful trees and a lush garden, and tastefully remodeled for the minimalist in all of us, including a painstakingly thought out master suite on the lower level, which opens to the garden, 1957 11th Ave is the home you don’t want to miss.


Having found this wonderfully crafted home built in 1948, the architect/owner of this home set out on a journey to create an oasis of minimalist living and design aesthetic nestled into the hills of this vibrant and bustling city of San Francisco. The kitchen was remodeled in 2008 with a focus on clean lines and simple living while maintaining the charm of the original home. In 2014 the lower level was completely remodeled incorporating a designer master suite with walk-in closet and ultra modern master bathroom complete with radiant floor heat, Hans Grohe fixtures, Ariostea Italian High-Tech Wood tile, and Toto toilet.

Not wanting the upstairs bath to be outdone, it too underwent an extensive designer remodel in early 2016 also with radiant floor heat, Ariostea Italian High-Tech Wood floor tile, Honed Italian MaxFine Calacatta wall tile, Toto toilet, and a wonderfully situated window which make tub soaks and showers feel as if you’re in the garden.

In addition to the remodeled designer master suite, kitchen, and luxury baths, this home contains a total of three bedrooms, approximately 1595 square feet, parking for one car, a woodburning fireplace, hardwood floors with original detailing, high ceilings, views, hallway skylight, a “Romeo & Juliet” balcony from the second bedroom to the garden, a deck off of the kitchen perfect for outdoor dining/entertainment (and of course barbecuing), plantation shutters, new water main, new furnace, tankless water heater, stackable washer & dryer, recessed lighting, and a newly installed irrigation system to keep the amazingly lush garden alive and well.

This home…you must see.

Details:
$1,295,000
3 bed
2 bath
1 car parking
Remodeled Kitchen, Baths, Master Suite
Radiant Floor Heating in Baths
Ariostea Italian High-Tech Wood tile
Hans Grohe Fixtures
Woodburning Fireplace
Hardwood Floors
Lush Landscaped Front and Rear Garden
Irrigation System
Stackable W&D
Tankless Water Heater
Recessed Lighting
Plantation Shutters
Views
New Furnace
Toto Toilets

Showing Schedule:
Open: 8/20 1-4pm
Open: 8/21 1-4pm
Open: 8/23 1-2:30pm
Open: 8/25 5-7pm
Open: 8/27 1-4pm
Open: 8/28 1-4pm
Private Showings available by request
Offers, if any, kindly accepted and reviewed 8/30 @ noon.

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

Contact me for details or to get in early:

SF liquefaction map

Bay Area Liquefaction, Landslide, and Seismic Zones – Mapped

Lots of talk in the news these days about landfill, liquefaction, and general stability of property in and around San Francisco’s waterfront, and entire city for that matter (see “SF’s landmark tower for rich and famous is sinking and tilting“that hit newsstands and internets today [SF Gate/Chronicle]).

Big news, no doubt, but what about the rest of us?

I did a post waaaay back in 2010, preceded by the post I did even further back in 2008, both of which get hundreds, sometimes thousands of views daily, so I know for sure this is a topic of interest when buying/selling property in San Francisco. And since I get so many questions about whether the property you want to buy is, or is not, in liquefaction, let me be clear, I AM NOT A SEISMOLOGIST, GEOLOGIST, SCIENTIST, OR ANY TYPE OF OTHER EXPERT IN THE FIELD OF EARTHQUAKES, LIQUEFACTION, LANDSLIDES, LANDFILL, MUD FILL, BEDROCK, SETTLING, SLOPING, SLIPPING, SLIDING, OR ANY OTHER FIELD OF INTEREST THAT HAS LED YOU TO THIS SITE FOR KNOWLEDGE ABOUT LIQUEFACTION. I AM A REALTOR, AND EXPERT AT MARKETING PROPERTY FOR SALE, AND HELPING BUYERS BUY. WHAT I AM SHARING HERE IS MEANT TO BE A RESOURCE FOR YOU TO MAKE YOUR OWN EDUCATED DECISIONS. DO NOT RELY ON THE INFORMATION POSTED HERE FOR YOUR PROPERTY PURCHASE OR SALE.

That said, I want to share a new App/site with you: Temblor…all things Seismic. You have to check it out. It’s awesome, and will hook you in for hours.

Check out this screenshot of the entire Bay Area…including liquefaction zones, fault lines, and recent quakes.
bay area liquefaction zones

Now zoom in to San Francisco…
SF liquefaction map

As I sit in my home office, which, according to Temblor, is built in an area of “moderate Liquefaction Susceptibility”, and a “Seismic Hazard rank of HIGH” (I challenge you to move the pin and find an area in SF that is not “High”), it’s left me wondering…does this change anything for me, and my decision to own property where I do? No. It doesn’t. It’s better than a map telling me I live in an area of High Tornado Susceptibility, where I roll the dice on a pair of glass slippers showing up on my doorstep.

So, there you go. Plug in your address, your mom’s address, your brother’s address, your employer’s address and see how you all stack up. This is yet another amazing resource, thanks to the Internet, available to everyone and anyone with even a remote interest in Earthquake activity (I’m guessing that’s everyone in California, at least). And I’m pleased to be sharing it with you.

Full disclosure, yes, I chatted with the founders of this service, no, they are not paying me for this post. I have downloaded the app, and refer to it constantly.

Happy Monday.

Previous Earthquake related posts on theFrontSteps:

SF neighborhoods prone to liquefaction and earthquake induced landslides, bedrock vs. landfill take two [theFrontSteps]
Ask Us, A map of bedrock vs landfill [theFrontSteps]
Liquefaction Zones of San Francisco’s Marina District [theFrontSteps]

Family Home

Happy Clients Send Happy Note

My wonderful clients just sent this awesome testimonial, so obviously I have to share it with all of you:

When my wife and I moved to San Francisco from the East Coast with our newborn, we quickly realized that navigating the beast of a real estate market in SF required a unique kind of agent. Luckily we found Alex.

We spent 5 months looking for a home with Alex. In the process, he guided us thru 12 bids, all the typical multi-offer, SF auction-style, which can be anxiety provoking to say the least. “Are we bidding too much? Are we not bidding enough?!” Alex kept us grounded on this emotional roller coaster! We were able to tap into his unique market knowledge to navigate these conversations about how much to offer. Alex put us in touch with experts to discuss potential renovation projects on unloved properties. We picked his brain about every single micro-neighborhood in the city, talked single family vs condo and which side of the street to buy on in the Richmond if you like a sunny back yard. He is a wealth of knowledge to say the least.

When we found a property that we loved, but were unsure about a few things that came up in the inspection, Alex’s connections came to the rescue. Alex had the personal cell phone number of the inspector who had done the report and was able to put us in touch. This conversation gave my wife and I the reassurance that we needed to bid aggressively and got us our home. Without Alex this would not have happened. We highly recommend working with Alex to find your home in this amazing city!

Dan, Hanni, Hazel and Brizzy

If you’re kicking the tires with a few agents and just don’t know who to pick, have a look at some more testimonials that might help you come to your senses.

SOLD | 1011 23rd Street | Modern Loft In Dogpatch

1011 23rd Street #10 | Dogpatch Loft | $699,000

Dogpatch, San Francisco: according to Wikipedia “is located on the eastern side of the city, adjacent to the waterfront of the San Francisco Bay, and to the East of Potrero Hill. Its boundaries are Mariposa Street to the North, I-280 to the West, Cesar Chavez to the South, and the waterfront to the East. It contains housing, some remaining heavy industry, more recent light industry, and a new but growing arts district. In 2002 it became an officially designated historic district of the city of San Francisco….[and] there is no definitive explanation for the name

One thing we know for certain, Dogpatch has some amazing properties, and 1011 23rd Street #10 is right up there…

Situated on the corner of 23rd Street and Minnesota, this corner unit residence features soaring (approximately) 17′ ceilings, enormous windows that flood the home with natural light, an open kitchen/living area with bar seating, granite countertops, stainless appliances, fireplace, refinished hardwood floors, in unit Washer & Dyer, new carpet in the loft bedroom, and parking.

Just a short walk away from the increasingly vibrant Dogpatch shops and restaurants, and half a block away from Philz Coffee (yes, that’s a selling feature, since Philz was voted the best coffee house in San Francisco, and this is their Mothership location), living at 1011 23rd Street will afford you all of the new things San Francisco is offering up, as well as some of the old that seems to have been lost (especially some grit and character).

Come check out this wonderful loft, introduce yourself, feel the vibe, cruise the neighborhood, bring me a coffee, and I’ll hand you the keys – coffee and a few hundred thousand dollars.

Listing Details:
$699,000
1 bedroom
1.5 bathrooms
1 parking space
Corner Unit Loft
Soaring (Approx. 17′) Ceilings & Windows
Custom Window Coverings
Open Kitchen w/bar counter
Granite Countertops
Dishwasher
Hardwood Floors
New Carpet in Bedroom/loft
Fireplace
Washer & Dryer
Storage
Fitness Area
View Roof Deck
HOA Dues: $512.94/mo (Includes Water, Garbage, Webpass Internet, Building maintenance, gym, roof deck, building insurance, outside management)
A+ Dogpatch Location

Showing Schedule:
Private Showings Upon Request
Open House Sundays 2-4pm

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

Sold | $1,400,000 | Box Factory Lofts

2169 Folsom M202 | Allied Box Factory Lofts | Mission District | $1,375,000

From your first look at the exterior of the historic Allied Box Factory, to the time you stroll through the lush courtyard to this one of a kind Live/Work loft, you will be in awe…

Originally built in 1907 as a timber factory, the Allied Box Factory was converted to a mixed-use development in 2001 with the intent of fostering a creative community. Of the Allied Box Factory’s 31 spaces, 15 of them are live/work condominiums, eight of the building’s non-residential units are used as creative studios, and six house commercial enterprises.

Situated on the second floor, unit M202 has recently been transformed from cool to ultra cool with the complete remodel of the kitchen/living/dining area that creates an ambiance second to none. Entertain guests in your modern, open kitchen complete with a 5 burner Thermador range, grey Caesarstone Countertops, Custom Walnut Cabinets, Carrera Marble Island (with seating), Thermador Dishwasher, GE Monogram Refrigerator, and original bar lighting from the previous owner, famous artist Rex Ray.

A combination of hardwood and concrete flooring with large exposed timber and open ceilings is certain to capture your attention. Extend your living area by opening the doors to your large outdoor PRIVATE patio with room for seating, dining, gardening, and of course barbecuing. Enjoy the warm weather the Inner Mission provides, soak in the city vibes and rooftop views, and live the San Francisco dream.

Not only does this amazing unit feature a completely remodeled kitchen, a designer bedroom with custom closets, hardwood floors throughout, a designer bathroom with custom mosaic tiling, washer & dryer, and deeded parking, but also a completely separate bedroom/office/studio across the hall. This room also contains gorgeous wood floors, original windows, tons of natural light from the courtyard, and is ideal for the live/work lifestyle so many of us strive to achieve.

Listing Details:
$1,375,000
2 bed
1 bath
1 car parking
Remodeled Designer Kitchen
Carrera Marble Island
Caesarstone Countertops
Custom Walnut Cabinets
Thermador Range
Private Patio
W&D
Hardwood & Concrete Floors
HOA Dues: $437.96/mo + approx $40/50/mo for common utilities
Prime Inner Mission Location
*Live/Work loft. Certain restrictions/stipulations may apply. Buyer is advised to investigate

Showing Schedule:
Private Showings Upon Request

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

District 5

May 2016 Central San Francisco Market Conditions

District 5

District 5’s (See SF Districts Map Here) April numbers continue their strong upwards trend with their highest ever median sales price of $2,287,500. Year-over-year, the median price is up 8.9%.

d5_1

Resale Condo/Loft Median Prices

Resale condo-loft median prices have resumed the downward trend that started last September with a brief uptick in January and February. hey dropped 2.3% from March to April, landing at $1,245,000, which is the lowest median sales price since April 2015. They are down 0.4% year-to-date and 9.6% since their peak at $1,377,000 September 2015.

d5_2

d5_3

While Single Family Homes Days on Market inched up to 17 in April, they are still at historically low numbers.

Days on Market for Resale Condo/Lofts dropped from 19 to 16.

d5_4

Single Family Homes Months Supply of Inventory dropped slightly to 2.4 from March’s 2.5 and up from April, 2015’s 1.7.

d5_5

d5_6

This April there were the same number of single family home listings as in April, 2015. Over all, there have been 136 new listings in District 5 this year, one fewer than last year.

There have been 43 fewer condo/loft listings brought on the market year-to-date in 2016 than 2015. This is a 26% drop. And this is the first time in four years that the number of new condo/loft listings was lower in April than March.

d5_8

IMG_1868

May 2016 Market Report | San Francisco

We saw first quarter median Single Family Home prices in San Francisco jump with their biggest percentage increase (5.6%) in a decade, and in April’s numbers continue this strong upwards trend. The median price in San Francisco was $1,380,000 in April, the highest ever, and a 4.5% increase over March (yikes!).

1

Resale Condo/Loft Median Prices

Resale condo-loft median prices reversed their first quarter downward trend and went up 2.2% to end at a tie with the previous high median price of $1,125,000, back in June 2015. They are up 1.5% year-to-date.

2

3

Both the single family homes and resale condo-loft days on market inched up in April, moving from 16 to 21 days for homes and 21 to 27 days for condos.

This compares to April, 2015’s 14 days and 18 days. So, up a bit from March and up a bit from April, 2015, but still incredibly low days on market.

4

5

Single family homes months supply of inventory is up slightly to 2.3 from March’s 2.2 and a little above April, 2015’s 1.8.

Likewise, for resale condo/lofts, months supply inched up to 2.6 and over last years’ 1.7. It is the fourth consecutive months of rising inventory, something to be watched, but still a strong seller’s market.

6

7

In April 2016, there were 15 more single family homes listed for sale than a year ago, and this was the first month this year to exceed the number of listings in 2015. We are still down slightly, 1.5%, in the number of new listings homes year-to-date over 2015.

Resale condo-lofts also saw fewer new listings in April 2016 than in 2015, however, overall there have been more new condo/loft listings in 2016 than in 2015, a rise of 6.7%. This helps explain the longer Days on Market and higher months of inventory.

8

The best way to get answers to any questions you have about our market or timing a successful sale…contact me.