Posts Tagged ‘condo’
January 19, 2009
1855 Jones (at Green) hit the market on January 9th and just 8 days later, has been snatched up. The luxury condominium sits high atop Russian Hill in one of San Francisco’s most prestigious locations. Elegant finishes and bay views abound from this 4 bedroom, 3 bath, ~2,573 square foot beauty. Originally built in 1939, the building and the 2 units within have been remodeled and are ripe for city living. The home has two levels, one of which is completely dedicated to the master suite. The list price was $2,395,000. We’ll be keeping tabs on the final sales price when it closes escrow.
Here is a photo tour of this magnificent residence, and remember, the purpose of our series “Snatched Up” is to demonstrate what the market is currently showing a strong affinity towards:
1855 Jones Street - Building exterior
As you enter...
To continue the tour, keep reading. It gets better :-) –> Read the rest of this entry ?
Posted in Neighborhood Info, Russian Hill, Snatched Up, Tips | Tagged 1855 jones, condo, condominium, prestigious, quick sale, remodel, russian hill, san francisco, san francisco real estate | Leave a Comment »
January 13, 2009
120 Eureka Street, a remodeled Victorian condominium in a two-unit building, hit the market on January 2nd. Six days later it was in contract. The three-bedroom, one-and-a-half bath condo measuring ~1,473 square feet has many characteristics that appeal to today’s buyers in San Francisco. Historic charm, high ceilings, beautiful hardwood floors, plenty of natural light, decorative mouldings, updated bathrooms and kitchen, and gorgeous landscaping. Oh, and the exterior of the building is pretty sweet too. Here’s a look inside, and we’ll keep tabs on what this ends up closing for. The asking price was $1,039,000 and includes 2-car tandem parking.
Exterior is well-maintained and tastefully painted
Beautiful original details include the fireplace and mouldings
To continue the tour, keep reading –> Read the rest of this entry ?
Posted in Castro, Neighborhood Info, Snatched Up, Tips | Tagged 120 eureka, castro, condo, condominium, eureka valley, quick sale, san francisco, san francisco real estate, victorian | Leave a Comment »
January 10, 2009
It’s the ultimate question, and we get asked almost daily. I’ve actually been asked so many times that I have unintentionally developed a canned response, explaining how San Francisco is comprised of many different micro-markets and they all behave differently. What’s going on in South Beach isn’t what’s going on in the Sunset, ya dig?
Time to gain some perspective on the market
However, zooming out and looking at the City as a whole, we wanted to provide an answer to this broad question by looking at 14-year median value trends for all different property types (single family homes, condominiums, TICs, and lofts). Stock Cooperatives were left out because there were not enough data points to be particularly useful in the analysis. For single family homes and condos, there were thousands of data points, and for lofts and TICs, there were hundreds. So we have confidence in these medians. All data comes from the MLS so it represents open market transactions only (this is a good thing) and the resale market only (meaning it leaves out most new development sales, which is okay because if you’re an owner, the resale market should be what you’re concerned with anyway).
Now for the answer: Have prices come down in San Francisco? Read the rest of this entry ?
Posted in Home Buying, Home Selling, Macro-Level Info, Nerdy RE Analysis, Tips | Tagged city, condo, condominium, decline, increase, loft, market, median, prices, san francisco, san francisco real estate, single family home, tic, trends, values | Leave a Comment »
December 16, 2008
Today as I was browsing the MLS, I couldn’t help but notice a 3 bedroom, 3 bath condo in one of my favorite buildings went into contract. 999 Green sits high atop Russian Hill (maybe that’s why they call it “The Summit” – hehe) and has amazing views in all directions. The 315 foot tall structure was built in 1965, has 104 units on 32 floors, and was one of the earliest modern high rises to be built on Russian Hill.
Unit 2302 has been on the market for 76 days at $2,195,000 and went into contract this morning. The unit caught our eye because it registered about a 9.5 on our real estate tachometer (aka the ‘tacky meter’). Apparently someone who could see past the clutter snatched up this great unit and once the owner’s stuff is out, will enjoy incredible views of the city skyline, a Bay that changes colors throughout the day, and sunrises emerging from California’s mountains. Good for them, and hats off for the ability to look through the decor.
999 Green - The Summit - Russian Hill
Unit 2302 - 9.5 on the tachometer
Unit 2302 - ooh, that's gonna leave a mark
For more pics, continue reading –>
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Posted in Neighborhood Info, News, Russian Hill, Taking You Inside | Tagged 999 green, condo, condominium, high rise, russian hill, san francisco, san francisco real estate, staging, tacky, the summit, unit 2302 | Leave a Comment »
November 14, 2008
No, this isn’t your $6 million Noe Mansion or your $70 million St. Regis billionaire pad. This is an average, run-of-the-mill condo with character in Eureka Valley.
368-A Sanchez came on the market on October 8th and had a ratified contract just 6 days later. The owner and listing agent had to peruse through 7 different offers before picking the winner, an offer for $822,000 ($27K over asking) with a $5,000 credit. For all intents and purposes, this place sold for $827,000, or $32,000 over asking. The last time it sold you ask? 1999. The owner purchased it for 107% of its asking price at the time, $525,000 (oh my gosh… they sooo overpaid)! Furthermore, the condo is right across from a school. Oh my!
On a serious note, this just goes back to what we’ve been saying about intelligently choosing your property and holding it for an appropriate amount of time. Real appreciation can and will happen if you’re smart.
Here are pics, courtesy of me.
- 368-A Sanchez – Front – Click to Enlarge
- 368-A Sanchez – Living Room – Click to Enlarge
To see more photos or share this post, continue reading –> Read the rest of this entry ?
Posted in Castro, Neighborhood Info, Snatched Up, Taking You Inside, Tips | Tagged 2008, castro, condo, eureka valley, multiple offers, over asking, overbid, sale, san francisco, san francisco real estate | Leave a Comment »
