September 23, 2011

The Shrader Street Home From Which Mark Pincus Was Driven

1572 Shrader

Following a few run-ins with a Russian stripper stalker at their Shrader Street home, Mark Pincus and family recently moved to a more secure building within San Francisco. Today, the Pincus owned 1572 Shrader Street officially hit the market listed for $2,189,000.

1572 Shrader Street Living Room

According to public records, Mark Pincus paid $2,850,000 for the contemporarily remodeled home hidden behind a modest facade in the heights of Cole Valley back in 2005.

∙ Listing: 1572 Shrader Street (3/3) 2,875 sqft - $2,189,000 [1572shrader.com] [MLS]
Billionaire Mark Pincus's Alleged Stripper Stalker [businessinsider.com]
Mark Pincus [wikipedia.org]

First Published: September 23, 2011 4:15 PM

Comments from "Plugged In" Readers

Do yo think he cares about loosing $800k, plus/minus?

Posted by: 47yo hipster at September 23, 2011 9:42 PM

or...maybe he was driven out by the decor

Posted by: inmycountry at September 24, 2011 8:13 AM

So the price cut is to compensate for replacing the terrible decor?

Posted by: Sam Foster at September 24, 2011 11:40 AM

I didn't know "Pincus" was a Persian name. HEY-O

Posted by: EH at September 24, 2011 1:12 PM

I like listings that come with a story.

Posted by: brandno at September 24, 2011 2:57 PM

i actually think there was a mix-up with the story.

he wasn't actually being stalked by a russian stripper. while they were away on vacation, a russian stripper broke into his home and decorated it...

easy mistake to make.

Posted by: anon$random at September 25, 2011 8:29 AM

i heart russian strippers

Posted by: anon at September 25, 2011 9:43 AM

According to proertyshark Pincus was involved with the 1997 sale of this property in some capacity calling into question the arms length nature of the 2005 transaction. Perhaps someone more sluethy than me can figure that out?

Posted by: eddy at September 25, 2011 10:59 AM

Oh man. I sat next to this nutbar on a flight from Vegas back to SFO. I had to listen to the story for 1.5 hours then we had to circle for another 45 minutes due to too much traffic and fog.

She was telling me the same things as in all the emails. How these companies killed her family etc etc how she was a stripper in the city and vegas.

Personally I didn't believe she was a stripper at all.

Posted by: x at September 25, 2011 12:42 PM

She just sounds sad and sick. Hope she gets some help.

Posted by: Oceangoer at September 25, 2011 2:01 PM

As a potential buyer I'd be worried about her showing up at my doorstep constantly looking for Pincus, wondering where I had "hidden" him. It goes without saying that this woman is seriously mentally ill, and would most likely not listen to logic if told that he no longer lived there. In fact, the new owner would probably be seen as a threat in her eyes too. I think it's a potentially dangerous situation for the new owner. What if she escalates and goes to the house with a weapon?

Posted by: Lori at September 26, 2011 1:28 PM

Lori, of she shows up, just hold up a piece of that carpet until she screams "My eyes, my eyes" and runs away for good.

Posted by: tipster at September 26, 2011 1:31 PM

The list price for 1572 Shrader Street has just been reduced $219,000 (10%), now asking $1,970,000.

Posted by: SocketSite at November 4, 2011 8:08 AM

In Escrow. 1 down. 1 to go.

Posted by: eddy at December 8, 2011 2:44 PM

UPDATE: The sale of 1572 Shrader Street has closed escrow with a reported contract price of $1,890,000.

Posted by: SocketSite at January 23, 2012 7:30 AM

Of course it wasn't on the open market when it sold for 2.85M. Leaving it dangle like that is disingenuous, at best.

[Editor's Note: While not on the open market, the 2005 sale price was recorded at $2,850,000 and transfer taxes were paid on that amount.

In addition to being noted by a reader on the thread above, we also highlighted the arms-length point in our update post to which we linked.]

Posted by: [anon.ed] at January 23, 2012 9:10 AM

The point remains. If you don't have intent, please put that aspect at the forefront. Thank you.

Posted by: [anon.ed] at January 23, 2012 9:56 AM

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