Articles Recently Tagged: Short Sales

(11 posts)
A Race to (Fore)Close in Saint Francis Wood

A Race to (Fore)Close in Saint Francis Wood

Purchased for $910,000 in 2003 having sat empty for 25 years, the St. Francis Wood home at 250 Santa Paula Avenue, which was originally designed by noted architect Angus McSweeney, returned to the market listed for $2,995,000 in 2008, following a major renovation and expansion to five floors connected... Read More »

A Short-Sale Dream Turned Nightmare Take Two And An Artist’s Plea

A Short-Sale Dream Turned Nightmare Take Two And An Artist’s Plea

Purchased for $525,000 in 2003 and refinanced in 2007 with a $700,000 loan, the one-bedroom cottage at 3066 Market Street was sold short for $485,000 in 2011, listed as a “terrific opportunity for a contractor or very savy buyer who wants the perfect opportunity to create their new... Read More »

Forget The Past And Pot Fillers, It’s Time To Focus On The Drinks

Forget The Past And Pot Fillers, It’s Time To Focus On The Drinks

The 1,450 square foot single-family home at 1688 Dolores Street on the border of Noe Valley and Bernal Heights was purchased for $1,227,000 back in 2005. Facing a foreclosure sale in 2011 with $1,610,000 in mortgage debt then owned, the property ended up selling for $928,000 in a short-sale... Read More »

It’s Time To Get Medieval On 1150 Monterey Boulevard

It’s Time To Get Medieval On 1150 Monterey Boulevard

It’s not often we see listings for “Medieval” estates in San Francisco (although it does happen), but yesterday the 4,100 square foot Monterey Heights “fixer” at 1150 Monterey Boulevard hit the market as a short sale listed for $1,400,000. How does a home with a tax assessed value of... Read More »

Still Nearly 30 Percent Short At 310 Townsend Versus 2007

Still Nearly 30 Percent Short At 310 Townsend Versus 2007

As the apples-to-apples “Regular Sale!” of 310 Townsend #108 closed escrow earlier this month selling for 26 percent ($136,000) under its 2007 purchase price, the “short sale” of 310 Townsend #411 closed escrow this past Friday with a reported contract price of $575,000. Call it 29 percent ($235,000) less... Read More »

Royally Short On The 18th Floor At 1750 Taylor

Royally Short On The 18th Floor At 1750 Taylor

As we wrote in February: Purchased for $2,550,000 in December 2007 and unsuccessfully listed for sale five times since with prices ranging from $2,700,000 to $1,900,000, the Royal Towers (1750 Taylor) #1803 is now back on the market MLS and listed for $1,995,000 as a short sale. The new... Read More »

A Restored 250 Santa Paula Avenue Comes Up Short

A Restored 250 Santa Paula Avenue Comes Up Short

From the listing for 250 Santa Paula Avenue: This work of art was originally designed by Angus McSweeney, a prominent San Francisco architect who is credited with the design of several residential high-rises in Russian Hill, Nob Hill, and Pacific Heights; as well as his collaboration with several other... Read More »

The Quintessence Of Russian Hill Living Or The Market As A Whole?

The Quintessence Of Russian Hill Living Or The Market As A Whole?

Purchased for $2,550,000 in December 2007 and unsuccessfully listed for sale five times since with prices ranging from $2,700,000 to $1,900,000, the Royal Towers (1750 Taylor) #1803 is now back on the market MLS and listed for $1,995,000 as a short sale. The new listing at 22 percent below... Read More »

Another Shot At A Once In A Lifetime Opportunity On Coleridge

Another Shot At A Once In A Lifetime Opportunity On Coleridge

The new listing for 106 Coleridge at $1,295,000 touts, “Once in a lifetime opportunity.” It had been listed for $1,495,000 in February before being withdrawn from the MLS in May. Of course the Bernal property wasn’t listed as short sale back then. And while the renovated Victorian doesn’t feature... Read More »

A Glen Park Short Sale Not Exactly Hidden In Plain Sight

A Glen Park Short Sale Not Exactly Hidden In Plain Sight

Our first thought (and as supported by the slew of complaints filed since 2005): feuding neighbors. Our second: perhaps the same as yours. And as 536 Laidley looked in 2003 when purchased for $899,000: On the market in 2010 and listed for $875,000 as a short sale. Goodwill not... Read More »