The rear deck addition is a bit awkward, and there’s room(s) for updating throughout, but 2245 44th Avenue is a single family two and two that’s asking under five.
∙ Listing: 2255 44th Avenue (2/2) 1,075 sqft – $499,000 [MLS]
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The rear deck addition is a bit awkward, and there’s room(s) for updating throughout, but 2245 44th Avenue is a single family two and two that’s asking under five.
∙ Listing: 2255 44th Avenue (2/2) 1,075 sqft – $499,000 [MLS]
It maybe listed for under five, but I doubt it sells for under five.
“It maybe listed for under five, but I doubt it sells for under five.”
What do you think it’ll go for, Paul? The standard in the area seems to be cookie-cutter 2/1 with unwarranted 1/1 downstairs. This place seems a little bigger, doesn’t seem to have the extra unwarranted bedroom, and is slightly less cookie-cutter.
Also, does anyone know how much fixing 2179 43rd needed?
It’s a probate sale with court confirmation. Offers on or after Nov 2nd.
Then I would guess it would go to round 2 of probate.
If it had a protected tenant in it maybe it would go under five. I probably shouldn’t make a guess, as I haven’t even been into look at it yet.
This house gives me wood
kind of a weird rear elevation
If someone pays asking, they are crazy. 464/sf is no bargain in this market. The 647 Grand View place just went for less than that for a much nicer place in a better (albeit not ideal) location. This is one of the least desirable areas in the city imho — ugly little houses with cement front yards and terribly inconvenient to everything but the cold, foggy beach. But I suppose a lot more people could qualify for a 400k loan than for a 900k loan so the bottom may hold up a bit better.
Did you just compare a nearly new 3/3 2300 sq ft condo in Noe to an old 2/2 1000 sq ft SFH in outer nowhere?
Heck, why not throw in a comparison to a nice place in Detroit too?
“Did you just compare a nearly new 3/3 2300 sq ft condo in Noe to an old 2/2 1000 sq ft SFH in outer nowhere?”
The comparison would have been odd going the other way but is not strange in this case. All A.T. said was that the Noe condo was cheaper per sqft than this place. Therefore this place should be cheaper. Fair, isn’t it?
If this house gets a higher per sq.ft. sale over Grand View then it will be due to its expansion potential.
R, yes, you get my point. Only in la-la land would someone pay more/sf for this old place in outer nowhere than the nearly new, nicer place in Noe.
However, I do not understand your Detroit point.
I think a small family will value this place over the Grandview place. For one, this place has a backyard, while Grandview only has a deck. And IIRC, the Sunset is one of the best school districts (that is, if SFUSD goes back to districts).
In addition, some people just prefer to own land of their own, instead of sharing it.
Whoever buys this place probably won’t be comparing price/sqft with condos in Noe. Looking at sales data on redfin for this zip shows that SFH sales are currently averaging $520/sqft:
http://www.redfin.com/zipcode/94116
This definitely is a “family” home but it needs a lot of work. Kitchens and bathrooms are expensive to redo. That kitchen is barely functional from a layout perspective and IMO needs a total gut job. I also have trouble appreciating the concrete front yard. But if you have the budget and time, this could be a worthwhile project.
Having since raised its list price to $573,800, today the list price for 2255 44th avenue was reduced back down to $546,000, and then a few minutes later it was changed to in escrow. Looks like another “at asking” sale to be…
The sale of 2255 44th Avenue closed escrow on Tuesday with a reported contact price of $546,000. So yes, it’s officially another 100% of list price sale in San Francisco!