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Saturday, July 2, 2011

Real Estate Sold: It's Been a Healthy Week For Residential Real Estate

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, June 24, 2011, by Sally Kuchar

Quite a few checks have been written for real estate this week, so let's take a look at the most intriguing sales of the bunch.

6-24-11money.jpg3362 Jackson, which was put on the market in April, sold on the 21st for $9,250,000. Chump change, right? Well, the buyer got a "deal," because the completely revamped 6-bed, 7-bath, 3-car home in Presidio Heights was originally asking $10,000,000. Eight figures. Goodness. Is it martini hour yet?


6-24-11cesar.jpgNext up is 3169 Cesar Chavez. The 3-bed, 1-bath mega fixer-upper that was asking $529,000 back in March. It features the world's most narrow driveway,* which is actually a blessing because it's long and pushes you back from the hustle and bustle (and noise) of Cesar Chavez. It sold on the 21st as well, and for over asking at $599,000. Congrats to the lucky buyer. We can't wait to see what you do with the place!

6-24-11cottage.jpgAnd lastly we have 114 Shakespeare. The extremely adorable private cottage in the middle of a double lot. We loved this 2-bed, 1-bath home immediately. Especially since it was asking $459,000. It sold on the 23rd (yesterday) for $540,000, almost $100,000 over asking. Serious props to the seller, who bought the place in 1998 for $192,500.

*that's not true
· Presidio Heights: 3362 Jackson, Ready for a Comeback, $10M [Curbed SF]
· 3362 Jackson [Redfin]
· Bernal Heights/Inner Mission Fixer-Upper is Rather Charming [Curbed SF]
· 3169 Cesar Chavez [Redfin]
· Extremely Adorable Cottage Is Asking Under $500,000 [Curbed SF]
· 114 Shakespeare [Redfin]


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