Sold Together For $9M in ’07, Purchased Apart For $6,766,001 In ’09
As we wrote two weeks ago: Still listed on the San Francisco Association of Realtors’ MLS last week as an “active listing” despite a plugged-in reader’s report that it had…
Putting On The Ritz At 44% Under Original List (And $813 Per Square)
Asking $3,747,500 ($1,453/sqft) when it first hit the market two years ago, a plugged-in tipster notes that the three-bedroom and 2,580 square foot Ritz-Carlton Residences #1102 closed escrow on 11/3…
Average Tax Assessed Reduction Request Is 40% For 2009/10
Perhaps our reader’s 25.7% drop in assessed value for 2009/10 was actually low. From the Chronicle: Owners of more than 4,000 homes and commercial buildings have appealed to the city…
Coming Up Short On Apparent Appreciation In Bernal: 3661 Folsom
Purchased for $685,000 in 2005 (10% over asking at the time), it’s a plugged-in reader that notes the buyers of the single-family Bernal house put nothing down (there’s nothing like…
Three Years Later For A One Rincon Hill Townhome (And Comments)
Originally “released for sale” in March 2007 with prices “from $1.2 million to $1.8 million” for the 14 townhomes raning in size from 900 to 2,350 square feet, it was…
Speaking Of Million Dollar Foreclosures (And “Shadow Inventory”)
Purchased for $1,212,000 with ten percent down and two variable rate loans in November of 2005, 773 Rhode Island returned to the market in March of 2007 seeking $1,395,000. It…
Half-Price Sale For (Mostly Vacant) Class A Commercial Continues
“Prudential Real Estate Investors is in contract to sell the to Shorenstein for $170 a square foot , a 56 percent drop from the $385 a square foot or $56.9…
The Word On 56 South Park: Sold
From the peek to a poke to the sale of 54 South Park for a reported $3,375,000, we now have the word on 56 South Park, the roughly 2,000 square…
Fannie Mae As The Largest Lender Landlord In All The Land?
Having taken back 57,000 properties through foreclosure in the first half of 2009, “bringing its total real-estate owned inventory to 63,000 properties valued at $6 billion,” Fannie Mae is rolling…
A Lower High Watermark For 501 Beale Penthouses (#PH2B Closes)
The sale of Watermark (501 Beale) penthouse #2B closed escrow on 10/19/09 with a reported contract price of $950,000. While still “not cheap” at $932 per square foot, it is…