September 26, 2008
If Only Averages And Appreciation Were The Same Thing
93 San Pablo Avenue is a 1927 Tudor on the outside, but now bit more modern within.
Purchased as a fixer for $1,260,000 seven months ago and completely overhauled, it’s no where near being an apple.
Its sale, however, will boost the average sales price in the neighborhood (asking $2,575,000). If only that and appreciation were the same thing (but alas they're not).
∙ Listing: 93 San Pablo Avenue (5/3) - $2,575,000 [MLS]
First Published: September 26, 2008 11:15 AM
Comments from "Plugged In" Readers
Looks like the co-listing agent James Nunemacher was the buyer in February and then transferred it to "M-J Sf Investments LLC" in March. Would that be one way to get around having to make a "seller is an agent" disclosure?
Posted by: Michael at September 26, 2008 12:34 PM
New dormer and master suite are a nice addition and a good way to add some extra square feet.
Posted by: Anna at September 26, 2008 3:10 PM
What a transformation! The neighborhood should be happy.
Posted by: Nicole at September 27, 2008 8:31 AM
Talk about speculation! Over twice what they paid for it. House down the street is on the market for $2.6M, much larger and higher quality finishes.
Posted by: john at September 27, 2008 10:39 AM
The upgrades are a great improvement, yet it is still appalling that residents of St. Francis Woods, arguably the most leafy of all San Francisco neighborhoods, couldn't get an architect to do a real tudor. That house is still just plain wrong in the way it fits together. It looks like the original builders insisted on a fifties floor plan with tudor design elements. Don't do that!
Posted by: Mole Man at September 27, 2008 8:40 PM
That is appalling the residents of a leafy neighborhood couldn't force floor plan changes on the neighbor...almost as appalling as treeless noe valley not forcing everyone to keep the victorian floor plans.
Posted by: sparky-the-bear at September 28, 2008 5:17 PM
The sale of 93 San Pablo Avenue closed escrow on 11/07/08 with a reported contract price of $2,500,000.
Posted by: SocketSite at November 13, 2008 10:33 AM
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