Posts Tagged ‘palace of fine arts’

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A Palace Outside Your Window

February 27, 2009

One of our favorite streets in the entire City is Baker between Jefferson and North Point.  It’s pretty rare that one of the amazing homes that line these blocks hits the open market, but boy do we have a beaut to report on here.

3520 Baker Street just hit the market.  This 4-bedroom, 3.5 bath Mediterranean home has living space on 3 levels and architectural details that wow at every turn.  We would’ve chosen some different interior paint colors, but that’s easily rectified.  The home features a large deck, brick patio with fountain and lush greenery in the back.  Coupled with dead-on views of the Palace of Fine Arts from many of the rooms, this home is one of our faves.  List price?  $3,500,000

3520 Baker Street

3520 Baker Street

A palace outside your window

A palace outside your window

To view more photos, continue reading –> Read the rest of this entry ?

Posted in Marina, Neighborhood Info, Public Listings | Tagged , , , , , , | Leave a Comment »

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Bossed Around by the Market

January 22, 2009

We’ve written about it before, and this little story is a good example.  The wisdom?  Listing prices mean nothing.  The reason they mean nothing is because sellers have a million and one reasons why they list their properties at certain prices.  Maybe their asking price is indicative of how much they owe on their home, their credit cards, cars, how much they need to pay their agent, closing costs, plus a little cushion.  Maybe its based upon how much profit they want to turn since they made some improvements.  Maybe they’ve got medical bills to pay off.  Who knows?  Like I said, there’s a million and one reasons.

Yeah, I'm selling. Let's go ahead and add these into my asking price.

Yeah, I'm selling. Let me go ahead and add these up so I can calculate my asking price.

Rarely do you find a home that is priced right on the money.  And oftentimes you’ll see homes intentionally underpriced by $100K or more, just to create a buzz and have the market bid it up.

In any case, here’s a story about a cute home close to the Palace of Fine Arts.  3271 Baker was purchased in November 2006 for $1,700,000, just a smidge above the asking price of $1,695,000.  It had only been on the market for 37 days.  The buyer clearly made some nice improvements during their ownership.  New kitchen, new bath, and really cleaned up the property.

Less than two years later, 3271 Baker came back on the market.  It was listed on July 3, 2008 with one of San Francisco’s best and most respected agents.  The list price was

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Posted in Appraisal 101, Home Buying, Home Selling, Marina, Neighborhood Info, Public Listings, Tips | Tagged , , , , , , , | Leave a Comment »

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Getting Granular in the Marina

November 5, 2008

With its shops, nightlife, heavy foot traffic, and proximity to the water, its no wonder the Marina is a sought after neighborhood.  Attractive architecture and manicured yards make for some truly magnificent properties.

We were curious about median sales prices in the nabe.  We went back to 1995 and charted the neighborhood’s booms and busts, right up to the current year.  We capped each year at November 3rd so we could include 2008 and get an even comparison.  Here’s a look at the data:

Click to Enlarge
Click to Enlarge

Our first question with regard to the data… Read the rest of this entry ?

Posted in Getting Granular, Marina, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged , , , , , , , , | Leave a Comment »

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