In March 2008 the Mid-Century Modern Clarendon Heights home at 100 Palo Alto Avenue built for former San Francisco Mayor Elmer E. Robinson in 1953 hit the market asking $4,000,000. It ended up closing escrow with a recorded contract price of $5,625,000.
And while we don’t believe it’s been remodeled much since (2008 not 1953), 100 Palo Alto is back on the market two years later and listed for $6,400,000.
Big views for certain, but even greater expectations for sure.
∙ Listing: 100 Palo Alto (4/4.5) – $6,400,000 [100paloalto.com]
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nice views – but I’m not that impressed with the rest for 6.4 million
Nice Views but thats about it, looks kinda dated and crappy IMO, what makes this worth much more than 50 st. Germain and the other Clarendon runners on the market. These guys are high, Im calling 4.5m max
agreed about the views but 6.4m for a home that hasnt been remolded and was already purchased at the top of the market is insane!!
Say what you want, it is one of a kind. And the staging is a lot better, and they removed the useless iron gates in front of the garage…
totally annoying website. Great pics, almost no information.
Drop dead views. The rest is just a 1940s builders house that has been remuddled and remuddled and remuddled…and feels like it. Oh well, somebody bit two years ago…the greater fool theory.
The outside looks like zero thought was put into it. Seems like something very standard was thrown together then sugar coated over the years. I’m getting a cavity just looking at it.
But the deep patio entry could be very charming. And I actually like some of the whitewashed brick. In fact, it sort of triggered a vision — what if the exterior was revamped to look like that Wurster house 2870 Pacific? I think that would be a good look for this place.
The inside looks smashing. I love how open the main floor is without feeling hollow. I am a huge sucker for that furniture/staging! Where can I get those chairs?
I admit this house is sexier than 50 Saint Germain. But I don’t know if that makes it worth the additional $1.75 million. In fact, it looks like it may even be smaller than 50 SG.
They seem to have forgotten that the “Mayor premium” only applies when said mayor is 1) your friend, 2) currently in office and 3) in need of campaign contributions.
This sort of reminds me of 2775 Union. It was listed for $4.095 in April 2007 and sold in 28 days for $4.6. Came back on the market in July 09 for $4.5. It was withdrawn and relisted at $4.1ish and just recently sold for $4.085. So technically, the agent in 2007 seemed to have priced it just right.
Anyway, point it, that i think the original agent in 2008 had the value better pegged at $4M and the irrational buyer who overpaid will probably not be as lucky this time around.
PS: As an aside, on 2775. Industry stats will show that it sold in 2010 at 2% under its last asking. Not the 12% from the original listing price.
Agreed that the site is horrible. Just in case the listing realtor reads this site, the pics are all different sizes, the motion of the slide show is too choppy and fast, there are no descriptions of each room and the type on the page that talks briefly about the home is too small.
I was so annoyed I clicked off the site.
Had to look up “manse” on Wikipedia. Was I the only one? Still not 100% sure that I get the joke/use in this context.
are you serious about this for 6.4 million. this has great views, but the street appeal of a walnut creek housing devolpment.
for 6.4 i want a back yard. AGREED about the website.
UPDATE: Less Great Expectations For Ex-Mayor’s Mid-Century Modern Home
eddy, your comments about 2775 Union don’t seem to match Redfin, which shows that it never sold, was relisted 6 weeks ago for 4.3 and is now down to 4.2 (having sold for 4.6 in 2007).
Nice half million+ bath the owner will be taking.
“eddy, your comments about 2775 Union don’t seem to match Redfin, which shows that it never sold, was relisted 6 weeks ago for 4.3 and is now down to 4.2 (having sold for 4.6 in 2007).”
Looking at more than one source, it does appear that 2775 Union sold in 2010. I see:
$4.080M sale in April 2010 to the owner of 1006 Cole, and 5K less than what eddy said
$4.6M sale in April 2007
$2.3M sale in January 2001
What is strange is that the seller for the 2010 sale does not appear to be the same as the buyer in 2007. I wonder if that’s an error, or if it changed hands somehow in between.
It does look like it was listed recently, as tipster said.
You need to improve your Redfin skills. Sold by Nina: http://www.redfin.com/CA/San-Francisco/2775-Union-St-94123/home/39827897
It’s now listed by Vanguard. Weird situation.
No, YOU need to improve YOUR redfin skills. For sale and never sold:
http://www.redfin.com/CA/San-Francisco/2775-Union-St-94123/home/28691638
Odd, to say the least!
And of course, propertyshark agrees with you, eddy.
Strange that Redfin didn’t merge those two entries. It has the same APN, and there aren’t address changes. I’ve mentioned things like this to Redfin in the past, and they basically ignore it.
No apologies necessary. 🙂
The sold listing w/o the under asking price is on this page: http://www.ninahatvany.com/Sales/properties_sold10.htm
2775 hasn’t sold yet. Now down to $3.998 from its $4.080 purchase price last year. Should be a decent one year Apple (down 2% so far), and measure of decline from something in the vicinity of the $4.6 peak (down 14% so far). I think the upper end is still doing pretty well.
There is a story on 2775 I just don’t know what it is really. Very very odd.
2775 Union withdrawn from MLS.
2775 Union back at $3.85. This time with Vanguard.