The latest sale of 46 Tingley closed escrow on February 27 with a reported contract price of $500,000. Once again, purchased for $620,000 in September of 2004, bought back by the bank in September of 2008, and listed for $472,500 in January of 2009.
∙ It’s Double Entendre Time For 46 Tingley Once Again: Go Bears! [SocketSite]
27.5k over ask!!!! Market is heating back up.
LOL that somebody thought this was “worth” $500K! This bubble is dying hard, but dying it is. At least it’s 19%+ below its 2004 price, so that’s progress.
I hope for the buyer’s sake it’s an FHA 3.5% down sort of deal. Not a whole lot of risk to a buyer with only 3.5% “skin” in the game.
Hopefully the $27.5k overbid was to finance a few barrels of Kilz and white paint!
Happy days are back! And congratulations to the new owner.
the arrogance of lrmim is really off-putting.
it’s a nice house I think, we must understand that we all value real estate differently.
Does it come with an mba from berkeley?
Hey, as a Cal grad that paint job holds a special place in my heart. Me likey!
What is the significance of the reference to Cyndi Lauper?
I agree with you, yay!.
It’s all in the way one’s brought up, isn’t it?
I can’t hear the Cyndi Lauper so much as see the Captain Lou Albano
Maybe because she had a song called “True Colors”? Dunno. Sure dating myself.
All I can add as a Stanford grad is that they certainly would have come out far better than this — 20% under 2004 selling price! — with a red and white color scheme.
Smallest IKEA in the world to open in San Francisco?
I’m also puzzled by the Cyndi Lauper reference, and I lived through the 80s. True Colors doesn’t fit… although Madonna had a song called True Blue – is that it? Anyone have a time machine?
I think the World’s Tiniest Ikea comment wins though…
[Editor’s Note: You win some, you loose some, and True Colors it is (the “bearish” blue and gold).]
We think we know what we’re doin’
That don’t mean a thing
It’s all in the past now
Money changes everything
True colors or not, I think its over priced
Hey alumni, GO!
Those are also the former Santa Fe railroad’s freight colors. I personally would rather see it painted in their Warbonnet scheme.