580 Banks Before
First listed for $848,000 in July 2010, the list price for the 1,231 square foot South Bernal Heights home at 580 Banks with a two-bedroom “in-law” below was reduced five times over the next nine months, last asking $495,000 before selling for $442,000 this past May.
Sporting a remodeled kitchen and bathroom on the second floor, two new legal bedrooms and bath on the first floor, and new windows throughout, the now four-bedroom home has returned to the market listed with 1,822 square feet for $799,000.
580 Banks After
∙ Listing: 580 Banks (4/2) 1,822 sqft – $799,000 [MLS]

Comments from Plugged-In Readers

  1. Posted by Anna

    It’s amazing how much of a difference decent new windows can make.

  2. Posted by Legacy Dude

    Can one of the architects or builders out there please explain that entry staircase to me? MC Escher homage?

  3. Posted by sf

    ^^They are made that way so that birds do not fly into them.

  4. Posted by Snark17

    Very nice work. Bernal gentrification continues apace.

  5. Posted by wifey

    Really nice area, great sun, easy freeway access. Next to wonderful shopping for food and furniture on weekends. Nice ambient noise from the local gentry. over the top remodel. wonderful brownstone feel with painted brick.

  6. Posted by SanJoseRenter

    So I guess the lesson from this flip is that unrenovated houses have no value ($442k is the lot value) until rebuilt?
    I’m not surprised actually.

  7. Posted by Ginny

    WOW that’s a pretty darn nice transformation. I like it. Darn! And the price was quite nice!

  8. Posted by hangemhi

    can someone else please call out wifey and Ginny for being shills? Not my SS job.
    “really nice area” “ambient noise” “brownstone feel with painted brick”.
    Wow, can you say I’m the Seller any louder?
    I guess Ginny is just trying to sell something – SS comments going downhill

  9. Posted by WIfey

    I admit it: I live here. The ambient noise from the freeway is killing me and I cannot take the flea market any longer. I am also very tired of hearing my neighbors rush to the airport that I have such close proximity too. I promise to pressure wash the bricks. Hangemhi: r u willing to make a offer on line in front of millions of webbies, right her , right now?

  10. Posted by polecat

    Was the teleophone pole to the left of the “before” photo removed, or was it disappeared via photoshop?

  11. Posted by heynonnynonny

    The electricity was undergrounded so recently that the shadow of the pole hasn’t faded from the house yet.

  12. Posted by lyqwyd

    I think it was edited out by moving a little to the left while taking the new picture

  13. Posted by showmethemoney

    Any guestimates on cost of renovation??

  14. Posted by SocketSite

    The sale of 580 Banks closed escrow today with a reported contract price of $825,000 ($453 per remodeled square foot).

  15. Posted by sparky-b

    Wow, that is a big number.

  16. Posted by jack

    I am surprised by this number, too. Well, the more the better! (Ahmm, full disclosure: Bernal resident.)

Comments are closed.

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