Purchased for $1,605,000 in October 2012, having first sold for $1,375,000 in January of 2011, the contemporary Bernal Heights home at 1755 Alabama Street returned to the market last month listed for $1,995,000.
While the interior has been repainted and the exterior has weathered, it’s otherwise apples-to-apples-to-apples.
And the most recent sale of the 2,100-square-foot home has closed escrow with a reported contract price of $2,325,000 or roughly $1,107 per square foot, up an average of 14 percent a year over the past three years or 12 percent a year over the past four and a half.
Keep in mind that the median price per square foot for recent sales in northern Bernal Heights has been running around $1,139 per square foot while 1755 Alabama, which sold for over asking but under the median, was listed for 17 percent less.
Architect, I really love the look of seagull poop streaking down concrete walls… got it?
#efflorescence
shabby sheec?
Cheeky shieky?
Nice place but man those Bernal yards are small.
Sold 3 times in 4.5 years. Only in SF!
One of the great inventions of 20th century architecture was the elimination of residential entry halls or even small entry spaces. There is no point in wasting valuable space and time. For $2.3 million, you are entitled to be right in your living room when you open the front door.
By the way, there is a reason why doors to traditional churches are often red, and doors to house are not.
“By the way, there is a reason why doors to traditional churches are often red, and doors to house are not.”
What is the reason?
UPDATE: Apples to Apples to Apples in Nothern Bernal Heights