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By : Coach A
In continuing my tradition - The One to Ten version of A to Z. We’re staying on the west side of the city this Sunday:
1. $1,995,000 - 58 San Benito Way - Open 2-4pm
2. $2,599,000 - 213 4th Avenue - Open 2-4pm
3. $3,890,000 - 270 Castenada Ave - Open 2-4pm
4. $467,000 - 380 Monterey # 302 - Open 2-4pm
5. $599,000 - 2442 42nd Ave - Open 2-4pm
6. $699,000 - 2419 27th Ave - Open 2-4pm
7. $759,000 - 1507 44th Ave - Open 2-4pm
8. $899,000 - 496 Ulloa Ave - Open 2-4pm
9. $995,000 - 360 San Leandro Way - Open 2-4pm
What we believe was once an auto repair garage with two Victorian houses behind has turned into a new real estate development. We’ve been following this project for months and the pictures above show stages of the houses being lifted and the construction starting in front. According to a contractor on site, the building is going to be lofts and the two homes will be restored. There are more pictures that can be found in the stories below.
7th Ave Near Irving [SF Schtuff]
7th Near Irving II [SF Schtuff]
As promised, an update to our earlier post about the soggy, wet, home with a view in the Sunset that received 29 offers.
Asking Price: $629,000
Selling Price: $780,000
% over asking: 24%
$ over asking: $151,000
Listing Agent: N. Johnson*
Selling Agent: N. Johnson*
The Deets (to refresh your memory):
We’ve been watching the soil get tossed around in the Inner Sunset for the last 8 months or so, but we’re still lacking the deets. Anybody care to share their brilliance? What we know merely from passing by and examining pictures is that there are two shell-like Victorian homes that rest on the back of the lot and are propped up on stilts. The lot was fairly flat and the earth was about as high as street level.
The digging down started and now it smells like parking (above).
Some concrete was laid and now it tastes like foundation (above).
It’s a sizable project and we can look up some permit information, but are missing crucial block numbers. Don’t be shy–let us in if you have any information.
7th Ave Near Irving [SanFranciscoSchtuff]
It’s obvious that the real estate landscape has changed in the United States, California and even, dare I say, San Francisco…
What is beyond fascinating however are examples like 1851 26th Ave. Despite its horrifically pink exterior, this home doesn’t look so bad from the outside. It has unobstructed ocean views, views of the Golden Gate Bridge, large back yard and a ton of space both upstairs and downstairs to add value.
The Deets:
Built in 1939 (on the early side for the Sunset subdivisions)
3 beds/ 2 baths
1175 square feet
List Price: $629K
Days on Market: offers accepted after 2 weeks
Wet as a sponge (see below)
The inside of the house was a different story. I’ve walked into a lot of homes in my day–some of which required hard-hats and safety waivers, but I have yet to see a home as wet and soggy as this one. There was water coming in from every crevice. Leaking through the (probably) 50 year old roof creating holes in the ceiling, mold in the corners and dry-rot throughout.
So, with the softening market and the abundance of inventory, one may think that this “contractors special” would sit or sell for way under the asking price. Wrong. This house received 29 Offers on the offer date (29?!?!?! so 2005) and the accepted bid was for over the asking price.
We’ll keep you posted when we obtain the final sales price.
[update: Click Here to find out how much the home sold for and some other interesting sales tidbits]
1851 26th Ave. [Home San Francisco]
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