When it comes to real estate, some things never change. One of them is location. Once you choose a spot, well, you have to be happy with that spot. And some spots are so superior to most everything else that they result in the fastest sales.
Case in point, 765 Sanchez, which hit the market on May 1, 2009. Just 11 days later, the home was not only in contract, it had closed escrow (which screams ‘all cash buyer’ when escrow is that short).
The home, a fixer with plans, sits high in Dolores Heights with drop-dead views of the City and nothing slated to block its view in the future. Its potential to shine with the right renovations and decor is huge. It was listed at $3,250,000 and sold for an undisclosed amount. The home boasts 3 bedrooms, 2.75 baths, around 3,271 square feet, and was built in 1959. The list price was about $994/square foot, and if this home sold near asking, represents the highest sale in District 5 so far in 2009.
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