Monthly Archives: April 2009

The Beaver Trio

There’s something for everyone on the 100 block of Beaver Street in Corona Heights/Eureka Valley. For the single-family home set, there’s 141 Beaver, a 2BR/2BA home listed at $1,850,000 that boasts a modern design by renowned architect Bernardo Urquieta:Continue Reading

Battle of the Midcenturies

Two 1950s single-family homes are currently duking it out in Upper Noe.

In one corner is 260 Day:
day This has been on the market since early March. Its current list price is $1,045,750, down from $1.1M. This 3BR/1.25BA house has two-car parking, room to expand on the garage level, and sits opposite the Day Street Rec Center.Continue Reading

A Heavenly Kitchen

A Heavenly Kitchen

I stopped in at 542-546 Central in the North Panhandle during my broker tour this week.

This is a three-unit building involving an upper unit priced at $835,000, and a lower flat listed at $760,000. Both units share an interest in a third, ground-floor unit that is being viewed as rental property.Continue Reading

Two-Unit Buildings Abound in SF

I’m often asked about the availability of two-unit buildings (a.k.a. “duplexes”) in San Francisco. The idea of residing in one unit and renting out the other is a popular one—if the cash flow works out.

A quick look at the market reveals that there are 147 two-unit properties available right now. They range in price from $394,000 for a fully tenant-occupied, bank-owned building in Bayview; $1.1M for a Noe Valley duplex with a tenant in the lower unit; and $4,250,000 for a vacant property featuring 4BR/3.5BA up and 2BR/2BA down in the Buena Vista Park area.Continue Reading

Noe Valley Searches for Buyers

Thirty-eight single-family homes and 36 condos/TICs are apparently more than current San Francisco buyers can handle. That’s the level of inventory currently available in Noe Valley. There was a time when Noe homes were snatched up within days. But with less loan money available to buyers, Noe sellers—like those in the rest of San Francisco—will need a dose of patience, luck and good fortune to clear out the inventory.Continue Reading

St. Regis Rides Again

St. Regis Rides Again

With a lengthy history of price reductions and agent changes stretching back to the Fall of 2008, 188 Minna #25D in the St. Regis Residences finally sold this past week.

The unit, which features two bedrooms, two and a half baths, panoramic views and HOA dues of $2,236.35 monthly—tack on an additional $200 per month for a parking space—was originally listed in 2008 for $3,995,000. It was withdrawn from the market at the end of last year and relisted with a new Realtor for $3.2M, and ultimately sold this week for $2.5M after three subsequent price reductions.Continue Reading

Battle of the Bakers

Battle of the Bakers

Entering the market within two weeks of each other earlier this year, 1 Baker #3A and #4A continue to look for Haight buyers. These 2BR/2BA, 1337-square foot condos are neck-and-neck as far as price goes, with both experiencing price reductions in March.

In one corner is #3B, which first came on the market at $749,000, and is now down to $699,000. Its master suite overlooks Buena Vista Park. The unit was last sold in March 2005 for $701,000.Continue Reading

Condo Prices Hold Steady

Condo sales volumes were minimal in comparison to past first quarters, but again, prices held up. Areas such as Potrero Hill were given a boost by new construction buildings aimed at first-time home buyers. Once again, the mid-market selling range was king. Here’s a look at how some neighborhoods fared that cater to condo buyers:Continue Reading

Checking Out Q1 House Averages

With volumes and prices down, the first quarter of the year opened with a whimper. Buyers were reluctant to make purchase decisions, and sellers held back from putting their homes on the market.

Most neighborhood averages were below $1M. That just supports my theory that the most popular price range continues to be $400,000-$900,000. Here’s a look at how single-family homes fared in a variety of neighborhoods:Continue Reading

Pay Your Property Taxes This Week

Yes, it’s that time of year: The second installment for San Francisco property taxes is due this Friday, April 10th.

You can make electronic payments online at the
Office of the Treasurer and Tax Collector site, or by phone (1-800-890-1950). Keep in mind there is a small “convenience” fee for using these methods.

If you haven’t received your tax bill in the mail—say, if you’re a new homeowner—it’s a good idea to use the Treasurer site to look up your address, and check on what you may owe.

Neighborhood Spotlight: Ingleside

An often overlooked neighborhood is Ingleside. Located south of Sunnyside and City College, east of the Stonestown area, and just west of Mission Terrace, Ingleside enjoys close proximity to Hwy 280. It’s also fairly close to the Balboa Park BART & Muni station, which provides service to downtown San Francisco.

Ocean Avenue is the retail strip that runs across the north end of Ingleside. This is where you’ll find sandwich, coffee, and produce shops, clothing stores, library, veterinarian, and even a massive 24-Hour Fitness.

And the neighborhood is priced within the first-time home buyer range. Approximately 26 homes have sold in Ingleside since October 2008, at an average price of $504,277.

Get in touch:

Eileen Bermingham

Zephyr Real Estate


BRE# 01352627

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