2523 Steiner 5/2/11 (www.SocketSite.com)

As we wrote about the Pacific Heights pad above this past August:

Foreclosed upon in 2009 with nearly $3 million owed at the time, the Pacific Heights home at 2523 Steiner returned to the market listed for $1,450,000 in 2011, was repainted three times in quick succession, and then sold for $1,260,000 that May.

Without any permits to remodel having been issued since purchased, and still sporting the same chocolate coat of exterior paint, the three-bedroom home with a rather challenging floor plan is now back on the market and listed for $2,450,000, this time with 1,730 square feet.

Reduced to $2,195,000 in September, the sale of 2523 Steiner has since closed escrow with a reported contract price of $2,010,000. That’s 18 percent under original list but nearly 60 percent more than the price which was paid for the pad in early 2011.

7 thoughts on “Two Years Later And 60 Percent More For This Pacific Heights Pad”
  1. This house has a fantastic location to the park, Fillmore corridor and the marina. Other than a few quirkyly laid out smallish rooms, it is a fantastic buy at $2M for the Pac Height location. If it was on the market next year rather than this year, I would have bought it! Need to save more downpayment immediately!!!

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