801 Teresita
The little (and not so little) things that caught our eye at 801 Teresita: heated granite floors, a Duravit sink, Axor fixtures and skylight in the bathroom; Scavolini, Sub-Zero, DCS and (two more) skylights in the kitchen; a landscaped backyard (which the master bedroom overlooks); and a corner lot. And yes, even that nice new garage door.
UPDATE (9/7): Closed escrow on 8/29/07 for $950,000 (6.1% over asking).
∙ Listing: 801 Teresita Boulevard (2/1) – $895,000 [MLS]

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Comments from “Plugged-In” Readers

  1. Posted by anon

    A piece of plywood junk but Heated Granite Floors. Only in San Francisco!

  2. Posted by blahhh

    Picture what that gentle breeze could do for a 90 pound model’s hair. That place right between the bushes seems like a great spot to do a Garnier photo shoot.

  3. Posted by Melinda

    Nothing like a busy near highway to look out over in a gritty neighborhood like that? Sheesh. Talk about sizzle and no steak.

  4. Posted by Lori

    Interesting. Property Shark shows this property changed hands in 1998 with a first mortgage of $226K. It doesn’t show the full purchase price, though. My guess is that the house was probably overimproved taking into account the neighborhood, but nevertheless a great effort and a lot of work was put into it.

  5. Posted by thiz

    Upgrades alone must be over $200k for this property. The backyard is beautiful! Wonder how much it’ll go for?

  6. Posted by anon

    “Nothing like a busy near highway to look out over in a gritty neighborhood like that? Sheesh. Talk about sizzle and no steak.”
    Excuse me, but do you even know where this is? There is no highway nearby. 280 and 101 are at least a mile away. This is on the corner of stillings and teresita and it’s in Miraloma park.

  7. Posted by Melinda

    “Excuse me, but do you even know where this is? There is no highway nearby. 280 and 101 are at least a mile away. This is on the corner of stillings and teresita and it’s in Miraloma park.”
    Terasita is a very busy street, with lots of stop lights and speeding traffic and that neighborhood, is to put it mildly, in transition. Look at Google Maps, busy streets are clearly indicated.
    I agree, the inside is gorgeous, but that won’t make up for the neighborhood. I’m sure some overpaid internet geek will be happy to pay a lot for that, though. Let them!

  8. Posted by BernalDweller

    Melinda, this neighborhood is hardly “transitional”…Miraloma Park is probably one of the most established, and nicer, neighborhoods in town, and isn’t likely to change much in the future. I’d hate to hear your opinion of Bernal Heights.

  9. Posted by Melinda

    “Melinda, this neighborhood is hardly “transitional”.”
    I see, so you are not disputing the fact that this is indeed a busy street?
    It may be officially Miraloma Park, but if you look at the map, it’s really Glen Park.
    And yes, I’ve looked at houses in Bernal Heights. No Friggin’ way. There’s a reason why property values there are in the basement and houses can’t sell.
    Most likely the people touting this property are shills for the seller’s Realtor.
    Sorry, I’ve just visited WAY too many houses that look nice on the MLS (Charming! Cozy!) and once you get there are located in a dumpy neighborhood. So you’ll understand my cynicism.

  10. Posted by BernalDweller

    “And yes, I’ve looked at houses in Bernal Heights. No Friggin’ way. There’s a reason why property values there are in the basement and houses can’t sell.”
    Both statements are patently false. Based on daily MLS review of SFH properties in 94110, I can tell you that prices in Bernal are holding fast at anywhere from $650-$800/sf, and only two or three way overpriced properties have stayed on the market more than 30 days. Right now there are only 14 SFH in 94110 on the MLS that are classified as available – four of those are clearly overpriced ($1.1M for a midcentury 3/2 at $1200 sf? I think not…), the remainder have all been listed within the last two to three weeks.

  11. Posted by Melinda

    Bernal Heights Zip code is not relevant, you have to look in the MLS district. Care to expand that definition? $650/SF? Are you kidding? That’s for a tear down with bars on the windows where your kids can get shot in the front yard.
    There is no such thing as an arbitrage in the SF Real Estate Market. If you buy your primary residence, you don’t do it for investment purposes. You do it to own your house–and perhaps prevent the 30% rent increase I was just socked with in my apartment building.
    Or are you a Realtor?

  12. Posted by anon

    Melinda, you can google all you want but there are zero stop lights on Teresita. Not one stop light. There are three stop signs on Teresita, and one is on Stillings. Is it busy on Teresita? It can be but hardly a freeway.

    It’s near Glen park? If you drive up the hill you reach Portola and Molly Stone’s in about one mile. Miraloma Elementary school is 1/2 mile away. That doesn’t seem like Glen Park to me.

    Bernal prices in the basement? Does thar really require a response?

  13. Posted by BernalDweller

    Melinda, the house next door to mine just sold for approx. $650 sf last month (within two weeks of listing, mind you)…beautifully renovated kitchen, deck, garden…very nice house. I paid $728/sf for my house two years ago, and would venture even with prices falling somewhat (no quibble there), my house is still valued at $675/sf based on three same-block comps this year, and it was almost fully gutted and renovated in 2005 before I bought it.
    I don’t mind the current downturn…I expected and still expect that prices will drop further into 2008 before recovery in 2009. I agree completely that a home purchase should not be an investment first and foremost, and that the current market offers no arbitrage.
    And no, I am not a Realtor, and am in no way connected to any Realtors. Just a happy homeowner in it for the long haul.

  14. Posted by Dan

    “And yes, I’ve looked at houses in Bernal Heights. No Friggin’ way. There’s a reason why property values there are in the basement and houses can’t sell.”
    Since June 1, 10 homes have sold in Bernal Heights for over $1,000,000. Five of these sold for more than $200,000 over asking price.
    http://bernalhill.com/Sold.htm

  15. Posted by EH

    Superficial, to be sure, but does the reno seem a little schizo to anybody else? Noguchi coffee table, Ikea couch, CSI:Miami kitchen…it’s like “1/2 Limn, 1/2 Pier One.” Anyway, sorry for the driveby snobbery.

  16. Posted by anon

    “1/2 Limn, 1/2 Pier One”
    That’s all you get for $10,000 staging these days. If you want 100% Limn, the staging is at least $20,000.

  17. Posted by anon

    I am guessing but I believe it the owner’s furniture. In the listing, it’s by appointment only and the occupant is listed as “owner”.

  18. Posted by Diane Grant

    It is a somewhat busy street during the day but at night, at that part of Teresita, it is very, very quiet.

  19. Posted by SavySFbuyers

    Great family-friendly neighborhood; the “next best thing” to Noe Valley; “houses” that make great “homes”; close to Mollie Stone’s Market on Portola; near West Portal shopping; EZ commutes via 280 South or 101 South; BART accessible. All in all, a solid, safe, & quiet neighborly area worthy of a close look.

  20. Posted by Dee

    I agree with Melinda. I saw a home on Teresita and was quite shocked (in a bad way) at what was termed an “up and coming” neighborhood. By these standards, every neighborhood in SF is “up and coming”. Overzealous investors have over-improved everything from 6th Street to Ocean Beach and even to the Cow Palace. Up and coming – uh, huh.
    And you know what? Bernal Heights’ streets are narrow and cramped – firetrucks cannot always make it up there. Homes are “affordable” there because, guess what… they are not that well-constructed or well-located. I still look in Bernal Heights for a house (I get seduced by the notion of a family home under $1.1M !!!) but I always leave thinking – no way.

  21. Posted by Dan

    “Bernal Heights’ streets are narrow and cramped – firetrucks cannot always make it up there.”
    There were some narrow unpaved streets on the east side of Bernal hill that were widened and paved in the ’90′s, after the Oakland Hills fire increased awareness of fire access. I’m not aware of streets that are currently inaccessible to fire trucks. Which streets are you referring too?

  22. Posted by BernalDweller

    Overzealous investors have over-improved everything from 6th Street to Ocean Beach and even to the Cow Palace.
    Too funny. I moved from my loft on 6th St. to Bernal. Trust me…compared to 10 years ago, 6th St. (at least south of Howard) is far better than it used to be. No place for the squeamish, but much better than it was. As for Vis Valley, I don’t think I’ve ever heard it as “up and coming”.

  23. Posted by anon

    Dee=Melinda? You guys are funny. 6th street to Ocean beach? I bet you guys couldn’t find it using GPS.
    Miraloma is not an up and coming neighborhood. It’s already established.

  24. Posted by SocketSite

    801 Teresita Boulevard closed escrow on 8/29/07 for $950,000 (6.1% over asking).

  25. Posted by SFsee

    We printed the marketing materials for this house and it was absolutely stunning. No details were overlooked in the house. Not surprised it sold quick and over asking. Truly, a beautiful house.
    (The agent did a great job marketing the house!)

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