CFAH

525 Jersey
525 Jersey: Family Room
One plugged-in reader provides a succinct report: “525 Jersey is gorgeous; former home of artist. Floor plan slightly screwed up [see online] but good one for your readers; slightly too expensive for me.”
And with that we open up the comments to other interesting weekend open house finds that might not have been right for you (be sure to note why), but might be right for another (again, be sure to note why).
And yes, spammy behavior will be met with public ridicule (if not simply an unapologetic tap of the delete key).
∙ Listing: 525 Jersey (3/2) – $1,695,000 [MLS]

Comments from Plugged-In Readers

  1. Posted by Dude

    Has this been remodeled recently? Because the last sale was January of this year for $1,442,500.

  2. Posted by Michael L

    Nice value

  3. Posted by spencer

    700/sq ft is not “value”

  4. Posted by emmett_brown

    700/sq ft is the going price in UpLeLuNoVa (Upper Left Lung of Noe Valley).

  5. Posted by anono

    Yes, $700/sq. ft. for this place is a good value. It looks like the sellers are trying to make a quick profit.

  6. Posted by emmett_brown

    This 1 bedroom cottage was in contract before the first open. Asking $959/sq ft. Way up 28th.
    http://sfarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N305772679,-N214626,-N,-A,-N11019769

  7. Posted by fluj

    Full disclosure, this is my broker’s listing. But speaking of nice value I think — and some others in the r.e. community have said at wednesday office meetings and the like — this has been the best deal in Noe Valley for some time now. I honestly do not know why it hasn’t been snapped up. The criticism has been that its front room should be opened to the dining room. But it is already fairly open, and that would be a cost effective thing to do anyway. It maybe isn’t the knock your socks off Noe house. But it’s nice, it’s about 2000 feet, it really does have a terrific location, and it’s under $1.5M.
    http://sfarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSLogin&ARGUMENT=Ok7KmNi58nbInAxeCH8GTavCnkFjNLqhAxy%2F5GFuDGU%3D&KeyRid=1

  8. Posted by anon

    “I honestly do not know why it hasn’t been snapped up”
    Ha Ha Ha. Best value. Good one. I think we all know why it hasn’t been “snapped up”.

  9. Posted by Lori

    Fluj, nicely done, well staged and very clean, my comment would be that I wouldn’t want my master bedroom in the basement. It feels like a cave.

  10. Posted by Scott

    we stopped into this house over the weekend:
    http://doloresheightshouse.com/
    Looks like it has had a $300,000 reduction – the handout at the place listed it for $2,695,000.
    It is a gorgeous home, with terrific details, but honestly is still a bit too expensive for the neighborhood and the home. The upstairs guest/kids bedrooms are a bit too small. For us, also I think the house would have been just fine without the 4th floor bedroom/balcony/sitting room, maybe then the price could have been less.

  11. Posted by Dude

    Hmm…so the place up top was remodeled, which added $250K to the price. Place fluj mentions was also last sold in January of 2007 and remodeled, which added $500K to the price. How much does one of these remodels cost, roughly?
    More importantly, neither of these properties appear to have a urinal, so good luck in this market. I hear urinals are the new bidets.

  12. Posted by fluj

    Typical anon snideness. Shrugs shoulders.

  13. Posted by Brit

    Gosh, if someone is going to pay $960 psf for a 1 bedroom wooden shack in this market, then I need a dose of smelling salts. And the buyers need a dose of reality.

  14. Posted by Kaya

    The house (525 Jersey) is very nice, though it doesn’t look like 2400 sf to me from the plans. The only problem is the neigborhood… you can’t safely walk out the door without your shotgun and kevlar vest. I wouldn’t consider this area for more than $500/sf
    🙂

  15. Posted by emmett_brown

    806 Douglass: seems a former owner didn’t like Victorians, and now it just doesn’t look quite right. Hit the facade with a stucco stick. Walled in the parlor doors. Took out the entry hall doorway. Adding insult to injury, appears a sibling with original facade sits right next door.

    Restoring the double parlor might not be that expensive, since the door framing is likely intact. The original pocket doors might still be in the walls.

    In original trim, wouldn’t this be going for well over 2? Seriously, might be a good fix-and-flip.

  16. Posted by bgelldawg

    How/where can I get a door like that?

  17. Posted by emmett_brown

    Pocket doors or the front door of the Jersey house?
    http://www.ohmegasalvage.com/
    double parlor pocket doors
    http://www.ohmegasalvage.com/images/furniture/doors&104.jpg

  18. Posted by Anna

    Update on 525 Jersey – its in contract already at $1.8M (damnit!!). And yes, it was updated since it sold last – they completely relandscaped the garden and I believe the very top (3rd) floor was renovated with new decks. It is easily 2400 sq feet (although really only a 2 bedroom…but then again, with a tiny bit of remodeling, could easily be turned into a 4 bedroom/3 bath. Neighborhood is fabulous literally 2 blocks from my favorite shopping area on 24th/Noe.

  19. Posted by james

    congrats to the owners and the agent. sfh’s in a nice hood continue to do well.

  20. Posted by movingback

    Kaya, are you trying to be funny? 🙂

  21. Posted by ALittleLogic

    “Full disclosure, this is my broker’s listing.”
    If 806 Douglass is the broker’s listing, and there is only one other realtor at the brokerage (http://www.garrisonrealty.net/agents.html), then doesn’t that make “fluj” Kenneth?

  22. Posted by ExAgent

    The “Presented By: Kenneth J Kohlmyer / Garrison Realty & Investments” at the bottom of fluj’s link is kind of a tip-off as well.

  23. Posted by anon2

    fluj/kenneth – so what about your listing at 28 harris in cow hollow? why did you have to drop the price $100k? and why aren’t your fixer clients interested?

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