Articles Filed Under: Apples To Apples

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Can Bank Owned Comps Kill (Values)?  246 2nd Street #502 Returns

Can Bank Owned Comps Kill (Values)? 246 2nd Street #502 Returns

Two months ago we noted the “Newest Comp For A Two-Bedroom Condo At 246 2nd Street” when the bank owned #1302 closed escrow with a reported contract price of $775,000 (roughly $125K below what #902 sold for late last year and exactly $220K below what the seller of #502... Read More »

Two Apples Get Picked In May: 2021 Webster And 1024 Sanchez

Two Apples Get Picked In May: 2021 Webster And 1024 Sanchez

After almost ten months on the market, 2021 Webster closed escrow yesterday (5/20/08) with a reported contract price of $2,425,000. And while that’s 30.6% under what was originally being asked, it’s also 5.7% over what was paid for the property on 1/27/07 ($2,295,000). The sale represents annualized appreciation of... Read More »

A Reader Reports: Apples To Apples On Potrero Hill (1304 De Haro)

From a plugged-in reader with respect to the listing for 1304 De Haro: My wife and I were bidding on this exact condo a year ago and did not counter to the multiple bid. It is interesting to see it back on the market with no improvements or changes.... Read More »

An Apple Is Withdrawn Without Selling (But Quickly Returns As New)

An Apple Is Withdrawn Without Selling (But Quickly Returns As New)

Yesterday, the listing for 1515 Lyon was withdrawn from the market after 62 days on the market (DOM) and a $20,000 (1.5%) reduction. Today, 1515 Lyon is back on the market with zero DOM and no mention of the reduction. And to be honest, we probably wouldn’t have noticed... Read More »

An Update On Those Acronyms And An Apple In Pacific Heights

An Update On Those Acronyms And An Apple In Pacific Heights

The list price for 1392 McAllister (which sports a great comment from a plugged-in previous tenant) was just reduced $99,000 (9.9%). While the list price on 2243 Franklin (an apple in Pacific Heights) was just reduced $80,000 (now listed at $1,195,000 while purchased on 5/31/07 for $1,250,500). ∙ A... Read More »

A Total Noe Fixer/Tear-Down (For A Little Less Than Two Years Ago?)

A Total Noe Fixer/Tear-Down (For A Little Less Than Two Years Ago?)

It’s a “total fixer” or “tear-down” which makes pricing a bit tricky as “potential” value is not only in the eyes, but also the hands of the beholder. That being said, over in Noe Valley 1409 Sanchez was briefly in contract this past January when listed for $1,100,000. After... Read More »

Apparently The Market Couldn’t See Past The Paint (Or Could It?)

Apparently The Market Couldn’t See Past The Paint (Or Could It?)

The original (and still active) listing photos for 402 Sanchez: Above The new price: $1,234,050 (previously $1,299,000, originally $1,350,000) The new notes: “Interior has been repainted with neutral colors” and “Now on lockbox!” The last pre non-neutral paint and remodel sale: $1,200,000 (on 10/24/2006) ∙ Listing: 402 Sanchez (2/2)... Read More »

Look At Those Stats!  (Just Not That Previous Sale): 3324 Octavia #4

Look At Those Stats! (Just Not That Previous Sale): 3324 Octavia #4

While the sellers of 3342 Divisadero are still seeking a buyer, 3324 Octavia St #4 has closed escrow a little to the east (on more stable ground in the Marina) with a contract price of $739,000. That’s just over $982 per square foot! And heck, had it been listed... Read More »

An Update (And Reduction) For A Marina Apple To Be: 3342 Divisadero

An Update (And Reduction) For A Marina Apple To Be: 3342 Divisadero

Two and one-half months ago 3342 Divisadero hit the market with a list price of $1,295,000. Two bedrooms (but only one bathroom), two car parking, top floor, remodeled, and in the heart of the Marina (District 7). Five weeks ago the list price was reduced $46,000. And yesterday, the... Read More »

A Quick Tale Of Two Apples (And Noe Valleys): Modern Home Edition

A Quick Tale Of Two Apples (And Noe Valleys): Modern Home Edition

As a reader has already noted, 576 30th Street closed escrow this past Friday (4/11/08) with a reported contract price of $2,195,000. Purchased for $2,125,000 in December of 2006, the sale represents annual appreciation of 2.4% over the past sixteen months. That being said, do consider the words of... Read More »