http://www.socketsite.com/ San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™ Copyright 2010 SocketSite Tue, 09 Feb 2010 09:30:00 -0800 http://www.movabletype.org/?v=3.33 Listed for $1,149,000 in September of 2007, having been increased from $1,049,000 that August, our Red-Bellied Tudorbethan at 69 Waller ended up selling for $1,100,000 ($543 per square foot) in January 2008. The top floor 71 Waller sold for... http://www.socketsite.com/archives/2010/02/our_redbellied_tudorbethan_69_waller_returns_again.html http://www.socketsite.com/archives/2010/02/our_redbellied_tudorbethan_69_waller_returns_again.html Listings (for sale) Tue, 09 Feb 2010 09:30:00 -0800 As we wrote last week with respect to the sale of 601 4th Street Penthouse #2 at $663 per square foot: "…perhaps not a great comp for the "It’s a steal!" penthouse number three directly next door (last asking... http://www.socketsite.com/archives/2010/02/nobody_bought_stole_it_before_so_how_about_now.html http://www.socketsite.com/archives/2010/02/nobody_bought_stole_it_before_so_how_about_now.html Listings (for sale) Tue, 09 Feb 2010 07:30:00 -0800 The sale of 3975 19th Street closed escrow today with a reported contract price of $2,360,000, 3 percent over its asking of $2,295,000 and either $890 or $955 per square foot depending upon how you measure (inside or outside... http://www.socketsite.com/archives/2010/02/design_matters_damn_it_3975_19th_street_closes_sells.html http://www.socketsite.com/archives/2010/02/design_matters_damn_it_3975_19th_street_closes_sells.html Design & Architecture Mon, 08 Feb 2010 14:00:00 -0800 "U.S. prime jumbo mortgages at least 60 days late backing securities reached 9.6 percent in January from 9.2 percent in December, the 32nd straight increase for "serious delinquencies"...[but the] share of borrowers current the previous month and that then turned... http://www.socketsite.com/archives/2010/02/more_mortgage_mumbo_jumbo_delinquencies_increase.html http://www.socketsite.com/archives/2010/02/more_mortgage_mumbo_jumbo_delinquencies_increase.html Just Quotes (Emphasis Added) Mon, 08 Feb 2010 13:30:00 -0800 Site work has commenced at 365 Fulton (a.k.a. "Central Freeway Parcel G"). Parcel G will be a five story development including 120 studio units of housing for extremely low income, formerly chronically homeless individuals, located at the corner of... http://www.socketsite.com/archives/2010/02/365_fulton_aka_parcel_g_site_work_commences_and_the_pla.html http://www.socketsite.com/archives/2010/02/365_fulton_aka_parcel_g_site_work_commences_and_the_pla.html New Developments Mon, 08 Feb 2010 11:30:00 -0800 Asking "in the $900’s" for the five three-bedrooms at Heritage on Fillmore (1310 Fillmore) in December 2006, number 802 sold in November 2007 and sports a tax assessed value of $993,953 (which would suggest a sale price "in the $950’s").... http://www.socketsite.com/archives/2010/02/going_short_heritage_on_fillmore_1310_fillmore_having_b.html http://www.socketsite.com/archives/2010/02/going_short_heritage_on_fillmore_1310_fillmore_having_b.html Bay Buildings Mon, 08 Feb 2010 09:30:00 -0800 San Francisco’s first ever parking space inventory totaled 441,541 on-street, off-street, paid or free parking spaces in the city. Unwarranted spaces not included we're guessing. Also mentioned in the Mayor’s weekly YouTube address this past Friday: Federal funds of... http://www.socketsite.com/archives/2010/02/parking_space_trivia_and_spoiler_441541_spaces_in_san_f.html http://www.socketsite.com/archives/2010/02/parking_space_trivia_and_spoiler_441541_spaces_in_san_f.html Seemingly Random Mon, 08 Feb 2010 08:30:00 -0800 Purchased for $2,100,000 at the end of August 2005, 111 Hoffman ended up being taken back by the bank in September 2009 without an opening bid of $1,533,000 on the courthouse steps. It then returned to the market in... http://www.socketsite.com/archives/2010/02/111_hoffman_closes_over_asking_but_well_under_its_2005.html http://www.socketsite.com/archives/2010/02/111_hoffman_closes_over_asking_but_well_under_its_2005.html Apples To Apples Mon, 08 Feb 2010 08:00:00 -0800 While the Craigslist post identifies this Soma Grand (1160 Mission) unit as #501, as a plugged-in reader notes, we’re pretty sure the penthouse level isn’t on the fifth floor. And the pictured "top floor" unit number actually starts with... http://www.socketsite.com/archives/2010/02/a_favorite_soma_grand_penthouse_view_not_from_the_fifth.html http://www.socketsite.com/archives/2010/02/a_favorite_soma_grand_penthouse_view_not_from_the_fifth.html Listings (for sale) Fri, 05 Feb 2010 17:30:00 -0800 Rebuilt in 2004 (after which it sold for $1,500,000), then resold in 2006 for $1,750,000, 1606 Castro is back on the market in 2010 and asking $1,875,000 (televisions included). ∙ Listing: 1606 Castro (3/3.5) - $1,875,000 [1606castro.com] [MLS]... http://www.socketsite.com/archives/2010/02/1606_castro_apples_to_apples_to_apples_with_televisions.html http://www.socketsite.com/archives/2010/02/1606_castro_apples_to_apples_to_apples_with_televisions.html Apples To Apples Fri, 05 Feb 2010 16:45:00 -0800 Speaking of new developments now returning to the market, eight of the sixty units at the previously sold out Book Concern Building (83 McAllister) were just listed at prices ranging from $299,000 for the 261 square foot number 412... http://www.socketsite.com/archives/2010/02/book_concern_building_83_mcallister_comes_back_to_marke.html http://www.socketsite.com/archives/2010/02/book_concern_building_83_mcallister_comes_back_to_marke.html Bay Buildings Fri, 05 Feb 2010 16:00:00 -0800 Last week initial jobless applications in the U.S. increased to 480,000 and those receiving extended benefits increased by about 242,000 (4%). Luckily the headline U.S. unemployment rate dropped to 9.7% in January. ∙ Perhaps At Some Point The "Unexpected" Shouldn't... http://www.socketsite.com/archives/2010/02/actually_unexpected_us_unemployment_rate_declines_to_97.html http://www.socketsite.com/archives/2010/02/actually_unexpected_us_unemployment_rate_declines_to_97.html Trends Fri, 05 Feb 2010 09:15:00 -0800 Long seeking a new tenant since shutting down two years ago under allegations of landlord fraud, misrepresentation, and lease issues, a plugged-in tipster notes that 302 Greenwich (a.k.a. Julius’ Castle) is now on the market asking $4,950,000. From the... http://www.socketsite.com/archives/2010/02/could_julius_castle_become_yours_302_greenwich_for_sale.html http://www.socketsite.com/archives/2010/02/could_julius_castle_become_yours_302_greenwich_for_sale.html Commercial Fri, 05 Feb 2010 09:00:00 -0800 While we broke the news last week with respect to Artani (818 Van Ness) unsuspending their sales efforts, apparently Symphony Towers is doing the same for 26 (out of 130) units they ended up leasing out over a year ago.... http://www.socketsite.com/archives/2010/02/symphony_towers_moves_to_sell_twenty_six_leased_units.html http://www.socketsite.com/archives/2010/02/symphony_towers_moves_to_sell_twenty_six_leased_units.html Bay Buildings Fri, 05 Feb 2010 08:30:00 -0800 We’d call it an apples to apples sale to be for 75 Lily #4, but while the sale price of $489,000 in April 2008 is reported on the MLS, it appears that the recorded selling ("75 Lily Street") and... http://www.socketsite.com/archives/2010/02/another_lily_pad_and_almost_hayes_valley_tic_apple_75_l.html http://www.socketsite.com/archives/2010/02/another_lily_pad_and_almost_hayes_valley_tic_apple_75_l.html Listings (for sale) Thu, 04 Feb 2010 16:00:00 -0800