Purchased for $3.425 million in June of 2016, the renovated Potrero Hill home at 779 Wisconsin Street features “breath-taking views from every floor,” with an open concept main floor, four bedrooms, three and one half baths, “leading-edge finishes” throughout, an EV charger in the one-car garage, a terraced rear yard and a dramatic rooftop deck.
The 3,000-square-foot home returned to the market this past June priced at $3.698 million, a sale at which would have represented total appreciation of 8 percent over the past three years.
Reduced to $3.648 million in July and then to $3.548 million in September, the resale of 779 Wisconsin has now closed escrow with a contract price of $3.43 million, representing total appreciation of 0.1 percent since mid-2016 on an apples-to-apples basis for the luxury home.
Nice views, but wow do I hate the aesthetic choices here. Was it renovated in 2016? Is that why it already feels dated?
oh dear: the graying of san francisco is back. can taupe be far behind?
My childhood friends home. Bought in 1962 for $12,000. What a stinking shame $3 million? Only an onion head would cough up that kind of money. No backyard (teeny) on a sloped hill. When the earthquake comes down the hill it goes.
Yeah right, because buildings always slide down the hill during earthquakes. Or is it because of the renovations?
That little house went for 3 million dollars?! Jammed in between two other houses? San Francisco real estate is sick!
New rule: real estate can no longer be dubbed as “luxury” with an electric range. Power burners are a true luxury. Electric ranges are for SRO’s.
Yes, I’ve read the stories about the Chronicle writer’s three millenial friends that get all their meals delivered or eat out every night. But that’s not who buys “luxury” real estate.
[Editor’s Note: A SocketSite Smackdown: Gas Versus Electric In The Kitchen (circa 2006)]
What if it’s in Berkeley? What if this proposal passes?
Induction ranges are electric and are favored by many culinary professionals. They are considered luxury appliances.