If Only Averages And Appreciation Were The Same Thing
September 26, 2008
93 San Pablo Avenue is a 1927 Tudor on the outside, but now bit more modern within.
Purchased as a fixer for $1,260,000 seven months ago and completely overhauled, it’s no where near being an apple.
Its sale, however, will boost the average sales price in the neighborhood (asking $2,575,000). If only that and appreciation were the same thing (but alas they’re not).
∙ Listing: 93 San Pablo Avenue (5/3) – $2,575,000 [MLS]
Comments from Plugged-In Readers
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Looks like the co-listing agent James Nunemacher was the buyer in February and then transferred it to “M-J Sf Investments LLC” in March. Would that be one way to get around having to make a “seller is an agent” disclosure?
New dormer and master suite are a nice addition and a good way to add some extra square feet.
What a transformation! The neighborhood should be happy.
Talk about speculation! Over twice what they paid for it. House down the street is on the market for $2.6M, much larger and higher quality finishes.
The upgrades are a great improvement, yet it is still appalling that residents of St. Francis Woods, arguably the most leafy of all San Francisco neighborhoods, couldn’t get an architect to do a real tudor. That house is still just plain wrong in the way it fits together. It looks like the original builders insisted on a fifties floor plan with tudor design elements. Don’t do that!
That is appalling the residents of a leafy neighborhood couldn’t force floor plan changes on the neighbor…almost as appalling as treeless noe valley not forcing everyone to keep the victorian floor plans.
The sale of 93 San Pablo Avenue closed escrow on 11/07/08 with a reported contract price of $2,500,000.