Articles Filed Under: Real Estate Resources

(77 posts)
$645K Less For The Living Preferences Of Today

$645K Less For The Living Preferences Of Today

Purchased for $3.3 million in 2011 having already been renovated with “xqzt archi” details and a new marble kitchen, the Pacific/Presidio Heights home at 68 Presidio Avenue was expanded and rebuilt to conform to the “aesthetic and living preferences of today” and re-listed for $8,995,000 at the end of... Read More »

A Free Earthquake Retrofit Fair, Costumes Not Required

Targeting property owners who need assistance to comply with San Francisco’s recently adopted mandatory soft story retrofit ordinance or who are interested in voluntarily retrofitting their building for seismic safety, the City of San Francisco will hosting a comprehensive Earthquake Retrofit Fair from 3pm to 7pm on January 28... Read More »

A Sugar Free Holiday Tweet For Staying Plugged-In

If you’re looking for another way to stay plugged-in to a selection of our featured stories, highlights and breaking news, our twitter feed is now up and running @socketsite. Read More »

San Francisco Property Tax Rate Set To Increase 0.67 Percent

San Francisco Property Tax Rate Set To Increase 0.67 Percent

The proposed Property Tax rate for the City and County of San Francisco will increase from $1.164 per $100 of assessed value to $1.1718 per $100 of assessed value for the 2011-2012 Fiscal Year. Allocation of the tax dollars is as follows: San Francisco’s Board of Supervisors is set... Read More »

Assessed Values Drop $2.4 Billion In San Francisco, Appeals By 9/15

The assessed value for 18,800 properties have been reduced by San Francisco’s Assessor-Recorder office, down $2.4 billion in assessed value with the Mission Bay (1,236 reductions) and South Beach (874 reductions) neighborhoods leading the way. If they haven’t already, property owners in San Francisco should soon receive Notices of... Read More »

Condo Conversion 2011: Are You Feeling Lucky Punk?  Well, Are You?

Condo Conversion 2011: Are You Feeling Lucky Punk? Well, Are You?

2,170 units entered San Francisco’s 2010 condo conversion lottery, all hoping to be one of the 200 chosen. If you hope to have a chance of winning in 2011, at which point you can start navigating the chart above (click to enlarge), you’ve got a week to get your... Read More »

Assessed Value Informal Review Requests For 2010/11 Now Online

While we’re still waiting for the full results of the formal reviews, last year 3,432 informal reviews resulted in 1,683 reductions of 2009-2010 assessed values for San Francisco properties (in addition to 9,997 reductions that were proactively granted). And in a few hours Assessor-Recorder Phil Ting will officially announce... Read More »

San Francisco’s 2010 Condominium Conversion Lottery Kicks Off

San Francisco’s 2010 Condominium Conversion Lottery Kicks Off

Ticket sales for the 2010 Condominium Conversion Lottery kicked off this morning and will run through 4:45 PM on Friday, January 22, 2010. The drawing for the rights to convert 200 units from TICs to condominiums in 2010 is scheduled for Wednesday, February 3, 2010. Around 2,000 tickets are... Read More »

The Examiner’s First Free Weekend Open House Guide (In Print)

The Examiner’s First Free Weekend Open House Guide (In Print)

The SocketSite cross-industry scoop last week: You probably won’t read about it in the Chronicle, but the scoop according to a plugged-in source is that the San Francisco Examiner is a week away from announcing the free publication of weekend open house ads through a deal with the San... Read More »

Assessing The Potential Upside Of A Down Market: Tax Basis Redux

“Starting July 2, California homeowners who think the market value of their home as of Jan. 1, 2009, is less than its assessed value for 2009-10 can ask their assessor to revise it downward. Because property taxes are based on the assessed value, a successful appeal will temporarily reduce... Read More »

Carl Terrace (415-437 Carl) Update: On Pace For A Sale A Year

Carl Terrace (415-437 Carl) Update: On Pace For A Sale A Year

It was almost two years ago that a reader first wondered about the renovation of twelve units up at 415 Carl. And it was about six months later that they first hit the market. Asking $489,000 in January of 2008, the list price for 415 Carl has been reduced... Read More »

“Home Affordable Modification Program Guidelines” Dated March 4

The official guidelines for President Obama’s $75 billion homeowner rescue plan: Home Affordable Modification Program Guidelines (pdf). We’ll note the high-cost loan limits for qualifying loans (up to $729,750 for single units); that homes must be owner occupied and a verified primary residence; and income, asset and hardship screens... Read More »

A $729,750 SF Home With $25,541 Down (2009 FHA Loan Limits)

2009 FHA loan limits were released on Wednesday. The limits for high-cost San Francisco: one-family – $729,750; two-family – $934,200; three-family – $1,129,250; four-family – $1,402,400. ∙ FHA Mortgage Limits Read More »

New S&P/Case-Shiller Condo Price Index: San Francisco MSA Falling

New S&P/Case-Shiller Condo Price Index: San Francisco MSA Falling

According to the newly released S&P/Case-Shiller Condo Price Index, condo values in the San Francisco MSA fell 3.3% from August ’08 to September ’08, are down 15.0% on a year-over-year basis, have fallen 17.2% from a high in October 2005, and have dipped below levels last seen in October... Read More »

Perhaps Not Disclosed, But We Might Suggest Some Discovery

Perhaps Not Disclosed, But We Might Suggest Some Discovery

While we do like the mention of “new concrete foundation, electrical, plumbing and heating” (and the bonus rooms), we’re not particularly keen on the lack of any recent permit history (not to mention the “Hazardous Building” complaint) online. And unfortunately (for more than one party), it is a trust... Read More »