We couldn’t help but notice that some of that “new” inventory isn’t necessarily all that new.
301 Bryant #101 is back on the market with the same new price and the same “High end 50 inch Pioneer plasma TV & 5 B&W wall speakers included in sale!”, but a brand new broker; 22 Napier Lane is back on the market with the same broker but a new price (reduced $155,000); and 650 Delancey #422 is back on the market with both a new broker and a new price (reduced $70,000).
∙ Inventory Update: Four Days Later [SocketSite]
∙ Listing: 301 Bryant #101 (2/2) – $959,000 [MLS]
∙ Subterfuge at 301 Bryant? [SocketSite]
∙ Listing: 22 Napier Lane (2/2) – $1,995,000 [22Napier.com]
∙ Your Chance To Live On Napier Lane [SocketSite]
∙ Listing: 650 Delancey Street #422 (1/2) – $925,000 [MLS]
I don’t understand this. 301 Bryant #101 went from “In Escrow” to “Escrow-Firm” to “Sold”, and now it’s back on the market 30-days later. Does this mean the buyers are already selling it a month after owning it?
As far as we know, #101 was never recently in contract or sold, but #103 went into contract earlier this year and is no longer on the market.
I don’t understand why we focus on so much JUNK property? Instead, focus on neew record highs in Prime District 7 where things are hot. It’s amazing that anybody would pay anything in SOMA.
The new record for a 2b/2bath, 1,450sqft Marina flat just hit $1.595 million from $1.5 million last year!
http://www.sfarmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSLogin&ARGUMENTS=-ASL,-AL,-A,-N311607%20,-ACP
Anonymous – can’t help but notice that the condo maps list this “1,450sqft Marina flat” as actually being 1,925 square feet, and at a sales price of $1,595,000 that’s $820/sqft (or 20% less than $1,034/sqft on that other place you mention from “last year”). But it does look like a nice place.
And while it looks like the sellers did pocket close to $344K on the sale (hopefully they didn’t spend too much on that renovation), funny that they sold it almost two years to the day they bought it. Cashing out and moving on?
SFSal, that anon troll is actually known as “PrimeProperty”, and he constantly pimps the Marina on every message forum to no end. We can only guess that he is either a Marina based realtor or highly leveraged with Marina property.
The property is actually only 1,400-1,500 sqft. Call the realtor and ask.
Otherwise, don’t you think they’d put the squarefootage on the official MLS if it really was 1,900 sqft? Not if you want to get sued!
I went inside, it doesn’t even hve a sun room. The original poster of 1,450 sqft is correct.
Agreed with SaveYourMoney. Gotta watch out for the cheerleaders touting hot markets to make a quick buck before the whole big top collapses.
Can anyone find out what corresponds to the text “Agents please note agent remarks down below:”? Sounds juicy.
I know a couple in that neighborhood who bought a 3-bd flat for around $1.3MM about a year ago. Their realtor, also a cheerleader, has already told them that their flat has gone up $200K in value since they bought it. Personally I think he’s full of hot air and looking for another commission off his first-time ultra-naive first-time buyers.
First time buyers? How many first time buyers can afford a $1.3 million flat?
Dude: not many can afford it. However, it does seem that they are living check to check. Would I do it, even if I could? No. Too stressful. I don’t need to impress my neighbors to have a good life.