As we outlined back in December of 2020:
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.
It’s tells you everything you need to know about SF Planning that setbacks are ignored, allowing ugly boxes to be built next to historic victorians in such a fashion as this. Just criminal.
The building on the corner looks like it is from the 20s or 30s, right around the time when SF Planning was created, in 1929.
The “ugly box” you’re describing appears to be a victorian-style apartment building built in 1914.
The building to the west of this that I think you are referring to was built in 1914, so i think the statute of limitations has expired. https://goo.gl/maps/Ps5XLEfVSWwt7SVE7
Architecturally criminal perhaps?!
Setbacks are for suburbs. Also, as noted in the title of this post, the house is an Edwardian.
I’m not up on values in The Castro but this one appears to tick all the boxes. Nice job on the interior. It looks like the garage access would work for all but the largest SUVs.
I have noted this here before, but San Francisco must be the only urban major market where neighborhoods with multi-million dollar homes have above-ground power lines.
The neighborhood can petition, and pay an assessment, to have utility lines undergrounded.
This was done in the Dolores Heights neighborhood surrounding 20th St and Sanchez.
Tokyo?
$2,697,600. (or, $1,200 psf x 2248f).
I agree with Tim. $2.75 ish
Just guessing but I’m thinking around $2.95MM…there’s simply not much out there. I really like this place
as an alternative – https://www.redfin.com/CA/San-Francisco/546-Arkansas-St-94107/home/1605573
$3.115m
(7.4% appreciation this time too)
Why not show a picture of how it looks from a little bit of a distance, and you’ll see the apartment building next door (formerly owned by SF’s most notorious slumlord) precariously leaning towards it.
The apartment has been “precariously” leaning toward it for well over a 100 years, so I doubt it will deter any prospective buyers. And, the recent Google maps shot shows the apartment building is freshly painted and well-maintained—it seems SF slumlords need to go to New York or Chicago to learn how to properly slumlord.
Regarding overhead power lines, when I bought my first SF house, with wires marring the otherwise drop dead view, I contacted PG&E and the City. They both told me I could do the petition, but that it was useless. The City actually asked me not to. While PG&E and Pac Bell could budget it, the City couldn’t/wouldn’t, and they said that Dolores Heights was the last with that deal. Since then, it has gotten even harder since the multiple private telephone etc companies each have their lines also. Plus City policy is to prioritize “underserved” neighborhoods (Diversity, Equity, Inclusion) in any aesthetic upgrades, which this hardly is.
It’s ridiculous – setting aside aesthetics, this should be a top safety concern – we had multiple power outages during the recent atmospheric rivers, and then it’s going to be a real clusterF when the next quake strikes. I can’t understand how more lines aren’t buried (and why the city [and other cities in California]) seemingly put up with PG&E’s excuses and cost demands, which are well in excess of other utilities’ undergrounding work.
$2.82
UPDATE: The asking price for 4334 19th Street has just been reduced $205,000 to $2.995 million, at which an “at asking” sale would be 3.3 percent above its late 2020 price, despite the pandemic-era squeeze and fact that the Case-Shiller index for “San Francisco” is “still up 13 percent” over the same period of time.
Sold for $2.9 million