Purchased for $1.6 million in 2007, the interior of the “archetype Edwardian” at 4334 19th Street was remodeled, a garage was added and the 2,248-square-foot home subsequently traded for $2.7 million in September of 2015.
The home’s kitchen has since been upgraded a bit more, with new Calacatta marble countertops and Ann Sacks backsplashes, and the home’s lower level bathroom has been remodeled a bit as well (before and after and versus the main bathroom upstairs).
And having returned to the market priced at $2.995 million in October, the resale of 4334 19th Street…closed escrow with a contract price of $2.9 million, representing total appreciation of 7.4 percent for the single-family home “on a great Castro block” since the third quarter of 2015, not accounting for the cost/value of the recent upgrades.
Last week, the four-bedroom home at 4334 19th Street, “with a fantastic backyard and exceptional curb appeal,” returned to the market priced at $3.2 million, a sale at which would represent total appreciation of 10.3 percent for the top-tier home since the end of 2020.
If you think you know the market for single-family homes in San Francisco, now’s the time to tell. Keep in mind that the Bay Area index for single-family home values is up 12 percent over the same period of time, having dropped 17 percent over the past nine months and trending down.