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Articles Recently Tagged: Transfer Tax

(4 posts)
Buyer Looking to Cash Out on a Banked Pacific Heights Home

Buyer Looking to Cash Out on a Banked Pacific Heights Home

Having been completely remodeled and listed for $12,500,000 in October of 2013, the sale of 2755 Fillmore Street closed escrow with a recorded contract price of $9,999,998 that November, a price which would have cost the sellers, and provided the City, $50,000 more in transfer tax had it been... Read More »

Three Sales and $2 Million More since 2013

Three Sales and $2 Million More since 2013

Purchased as a vacant 3,200-square-foot duplex for $1.7 million in 2012, the Cow Hollow property at 2374-2376 Greenwich Street returned to the market in early 2013 having been gutted, expanded and reconfigured as a four-bedroom home with an “in-law” for $4.75 million.  And it sold for $4.05 million that... Read More »

An End To ‘Confidential’ Sales In San Francisco

An End To ‘Confidential’ Sales In San Francisco

In an attempt to hide the sale price for a property in San Francisco, sellers or their agents have been able to request that the computed transfer tax to be paid for a property, from which the sale price could be calculated, be recorded separately from the deed and... Read More »

2755 Fillmore Sells for $9,999,998 and the Likely Reason Why

2755 Fillmore Sells for $9,999,998 and the Likely Reason Why

Originally listed for $12,500,000 in mid-October prior to being “modified” to $10,950,000 after a week on the market, the sale of 2755 Fillmore has closed escrow with a reported contract price of $9,999,998. While the $9,999,998 sale price might seem a bit odd to some, keep in mind that... Read More »